Kansas SB498 amends income tax credits, providing new credits for higher ethanol blends and discontinuing credits for alternative-fueled vehicles and.

Kansas SB498 introduces new income tax credits for the retail sale of higher ethanol blends of fuel, specifically E15 and higher. It discontinues existing tax credits for qualified alternative-fueled motor vehicles and fueling station expenditures. The new credit for higher ethanol blends is set at $0.05 per gallon sold by retail dealers. The bill also repeals previous tax credits for alternative-fueled motor vehicles and fueling stations, effective from its publication in the statute book.

Kansas SB498 amends income tax credits, providing new credits for higher ethanol blends and discontinuing credits for alternative-fueled vehicles and.

Kansas SB498 introduces new income tax credits for the retail sale of higher ethanol blends of fuel, specifically E15 and higher. It discontinues existing tax credits for qualified alternative-fueled motor vehicles and fueling station expenditures. The new credit for higher ethanol blends is set at $0.05 per gallon sold by retail dealers. The bill also repeals previous tax credits for alternative-fueled motor vehicles and fueling stations, effective from its publication in the statute book.