About 3,000 Louisiana taxpayers have been notified they won’t receive a tax credit on their flex-fuel vehicles, The (Monroe) News-Star reports, citing the Louisiana Department of Revenue. Rules issued by former Revenue Secretary Cynthia Bridges last spring said owners of flex-fuel vehicles, which can burn both alternative fuels and petroleum-based gasoline from the same tank, are eligible for the credit, an interpretation that could have cost the state hundreds of millions of dollars per year, by some estimates. Gov. Bobby Jindal later rescinded Bridges’ rules, and new rules that officials say better reflect legislative intent went into effect in December. Only owners of vehicles with a standalone alternative fuel tank or battery are eligible for the tax credit under the new rules. The department sent denial letters in February and March.
Editor’s note: This story has been updated since its original publication. The report was previously attributed to The Associated Press.
