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Arkansas Passes Act 832 to Provide CNG Conversion Rebates

Act 832 will provide rebates to Arkansans for investments in conversion to CNG by a certified technician after July 1, 2011 as the lesser amount of:

(1) Fifty percent of the cost for the differential costs, conversion kit, and incremental costs of converting from diesel or gasoline to a dedicated or bi-fuel compressed natual gas motor vehicle; or:

(2) As determined by weight. (a) $5,000 for a vehicle rated not more than 8,500 lbs, (b) $8,000 for a vehicle rated between 8,500 and 14,000 lbs. or (c) $32,000 for a vehicle with a gross weight rate of more than 26,000 lbs.

Rebate not to exceed $75,000 per person, public entity, company, organization or its affiliates per fiscal year.

Read the Act....

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