State denies fuel credit to 3,000 taxpayers

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News,Business

BATON ROUGE, La. (AP) — About 3,000 Louisiana taxpayers have been notified that they won't receive a tax credit on their flex fuel vehicles.

An emergency ruling allowing the vehicles to participate in the alternative fuel credit was rescinded last year.

According to the Louisiana Department of Revenue, denial letters for alternative fuel credits were sent between February and March for tax returns that were in limbo after Gov. Bobby Jindal rescinded an April 30 ruling by former revenue Secretary Cynthia Bridges to include the flex fuel vehicles.

The News-Star reports (http://tnsne.ws/XGLUjD ) a 2009 alternative fuel law created the credit to encourage people to convert vehicles to be able to burn alternative fuel and was spurred by Louisiana's abundant natural gas supplies. Bridges ruling expanded eligible vehicles to include flex fuel automobiles.

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Information from: The News-Star, http://www.thenewsstar.com

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