Alternative Fuel Refueling Station Tax Credit

A taxpayer is allowed a credit for the construction, installation or improvements to any alternative fuel refueling or charging station. The value of this credit is equal to the qualifying percentage of expenditures paid or incurred. The qualifying percentage of expenditures is 50% from January 1, 1999, to December 31, 2001, and 25% from January 1, 2002, to December 31, 2005. (Reference >Maine Revised Statutes Title 36, Section 5219P)