Compressed Natural Gas (CNG) Vehicle Loan Program Development

The Oklahoma Cooperative Circuit Engineering Districts Board must develop and adopt rules and processes for a no-interest loan program to allow qualified county governments to purchase or convert CNG vehicles. Counties that borrow funds must sell to a nongovernmental entity or properly dispose of a comparable number of conventional vehicles. Loan terms will be up to five years.

(Reference Oklahoma Statutes 69-687.3C)

Jurisdiction: Oklahoma

Type: Laws and Regulations

Enacted: Jun 4, 2015

Technologies: Natural Gas

See all Oklahoma Laws and Incentives.