qualified alternative fuel vehicle refueling property
Defined in 1 place of the United States Code.
Except as provided in paragraph (2), the term “qualified alternative fuel vehicle refueling property” has the meaning given to such term by section 179A(d),1 but only with respect to any fuel—
(A) at least 85 percent of the volume of which consists of one or more of the following: ethanol, natural gas, compressed natural gas, liquefied natural gas, liquefied petroleum gas, or hydrogen, or
(B) any mixture of biodiesel (as defined in section 40A(d)(1)) and diesel fuel (as defined in section 4083(a)(3)), determined without regard to any use of kerosene and containing at least 20 percent biodiesel.
Source
- 2005–202226 U.S.C. § 30CInternal Revenue Code · Alternative fuel vehicle refueling property credit · for purposes of this section
The term “qualified alternative fuel vehicle refueling property” includes any property described in subsection (c) for the recharging of a motor vehicle described in paragraph (2), but only if such property—
(A) meets the requirements of subsection (a)(2),1 and
(B) is of a character subject to depreciation.
Source
- 2022–present26 U.S.C. § 30CInternal Revenue Code · Alternative fuel vehicle refueling property credit · for purposes of this section