INCOME TAXPAYER-Effective for all taxable years beginning afterDec. 31, 1995.
Beginning in tax year 2013, this credit shall only be available to corporations that are subject to the Kansas corporate income tax, i.e. C corporations. This credit shall not be available to individuals, partnerships, S corporations, limited liability companies, and other pass-through entities.
Any person, association, partnership, limited liability company, limited partnership, or corporation who owns and operates a qualified alternative-fueled motor vehicle licensed in the State of Kansas or who makes an expenditures for a qualified alternative-fuel fueling station during the tax year qualifies for an income tax credit.
The taxpayer must:
- make expenditures for a qualified alternative-fueled motor vehicle; or,
- make expenditures for a qualified alternative-fuel fueling station.
K-62 Kansas Alternative Fuel Credit