Alternative Fuel Tax Exemption and Rate Reduction
E85, compressed natural gas, and hydrogen fuel that is used exclusively to operate a motor vehicle engine is exempt from state sales and use taxes. Additionally, cities and counties may reduce the sales and use tax imposed on 20% biodiesel (B20) to 80% of the diesel fuel tax rate. The exemption and rate reduction are in effect until September 1, 2016. For more information, see the New York State Department of Taxation and Finance website. (Reference New York Tax Law 1101, 1102, 1111, and 1115)
Jurisdiction: New York
Type: State Incentives
Amended: Mar 31, 2011
Technologies: Ethanol, Hydrogen Fuel Cells, Natural Gas
See all New York Laws and Incentives.