(1) The Arkansas Alternative Fuels Development Program is established and shall be developed and administered by the Department of Agriculture.
(2) The program shall include four (4) types of incentives: Capital and operation production incentives for alternative fuels producers;
(3) Production incentives for feedstock processors;
(4) Distribution incentives for alternative fuels distributors; and
(5) Rebate incentives for the: Differential costs; and
(6) Costs of converting a diesel-powered or gasoline-powered motor vehicle into a: Dedicated compressed natural gas motor vehicle;
(7) Bi-fuel compressed natural gas motor vehicle;
(8) Dedicated propane gas motor vehicle; or
(9) Bi-fuel propane gas motor vehicle.
(10) The incentives under this subchapter are available only for the following after July 1, 2013: Capital investments in alternative fuels production facilities, feedstock processing facilities, or distribution facilities;
(11) The production of alternative fuels;
(12) The processing of feedstock; or
(13) The conversion of a diesel-powered or gasoline-powered motor vehicle into a: Dedicated compressed natural gas motor vehicle;
(14) Bi-fuel compressed natural gas motor vehicle;
(15) Dedicated propane gas motor vehicle; or
(16) Bi-fuel propane gas motor vehicle.