Nebraska Legislation Creates the Nebraska Clean Burning Motor Fuel Development Act...
The Nebraska Energy Office is urging Nebraskans to wait until guidelines are issued under the Nebraska Clean Burning Motor Fuel Development Act, to make a qualifying purchase or conversion.
The Nebraska Legislature passed Legislative Bill 581, which creates the Nebraska Clean Burning Motor Fuel Development Act, to be used for rebates on qualified clean-burning motor vehicle fuel conversions and property purchases. The bill provides that the Nebraska Energy Office will administer the rebate program. The Act does not take effect until after August 30, 2015 and the Energy Office strongly advises that those who are interested in making a purchase wait until guidelines for the rebate program are finalized.
"We don't want to see someone not qualify for a rebate because their purchase did not meet the guidelines," said David Bracht, Director of the Nebraska Energy Office. "We are preparing program materials based on the limitations and definitions within the legislation to help explain to Nebraskans what is covered as a qualified clean-burning motor fuel and what new property is covered."
The Clean-Burning Motor Fuel Development Fund will provide rebates on qualified conversions of motor vehicles to run on clean-burning motor fuels as defined by the legislative bill, as well as purchases of vehicles that originally were designed to run on clean-burning motor fuels, and equipment to dispense the clean-burning fuels.
Conversions will be eligible for a rebate of up to 50 percent of the conversion kit price, or $4500, whichever is less. The rebate for vehicle purchases is based on the cost of the fuel tank, fuel lines and exhaust system and is the same amount as the conversion rebate. New fuel dispensing equipment will be eligible for up to 50 percent of the cost, or $2500, whichever is less.
Rebates will not be given to purchases that do not meet the guidelines.
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