re: alternative fuel credit change in policy FINALIZED.Posted by LSUTiger13 on 4/27/12 at 9:40 pm to Roofdog
I do not understand how they can say that a flex fuel vehicle does not qualify under this law the way it is written. The way it reads to me is that the incremental cost of equipment that is related to the capability of using an alternative fuel qualifies for the credit, but the cost that is related to using gasoline does not qualify. It does not seem to exclude the vehicle simply because it also uses gasoline. Under the safe harbor, it appears that even if the cost of the qualifying equipment was $1, the maximum credit could be claimed. The law seems to be poorly written and could lead to a major uproar from the citizens since it seems that many have claimed this apparently legitimate credit.