Natural Gas Station Property Tax Reduction

Any public utility, commercial, or industrial property certified to fuel natural gas vehicles may not be valued for property tax purposes at more than 30% of its total installed cost. The Tennessee Department of Environment and Conservation must certify that the station uses compressed or liquefied natural gas for the purpose of fueling motor vehicles and displaces more than 6,000 gallons of petroleum annually.

(Reference Tennessee Code 67-5-601 and 67-4-2004)

Jurisdiction: Tennessee

Type: State Incentives

Enacted: Jun 30, 2013

Technologies: Natural Gas

See all Tennessee Laws and Incentives.