The list below contains summaries of all Louisiana incentives and laws related to EVs.
The state offers an income tax credit of 50% of the cost of converting a vehicle to operate on an alternative fuel, 50% of the incremental cost of purchasing an original equipment manufacturer AFV, and 50% of the cost of constructing an alternative fueling station. Only dedicated AFVs registered in Louisiana may receive the tax credit. Alternatively, a taxpayer may take a tax credit of 10% of the cost of the motor vehicle, up to $3,000. For the purpose of this incentive, alternative fuels include compressed natural gas, liquefied natural gas, liquefied petroleum gas (propane), biofuel, biodiesel, methanol, ethanol, electricity, and any other fuels that meet or exceed federal clean air standards. (Reference Louisiana Revised Statutes 47:6035)
The state offers a corporate or income tax credit for qualified capital infrastructure projects in Louisiana that are directly related to industries including but not limited to the energy efficient and advanced drivetrain vehicle industry and the biofuels industry. The tax credit is for 10% to 25% of the project costs, calculated based on the investment costs, up to $1 million per state-certified green project. The portion of the base investment expended on payroll for Louisiana residents employed in connection with the construction of the project may be eligible for an additional 10% tax credit on the payroll. Restrictions may apply. (Reference Louisiana Revised Statutes 47:6037)
The Louisiana Department of Natural Resources (Department) will administer the Alternative Fuel Vehicle Revolving Load Fund to provide loan assistance to local government entities, including cities, parishes, school boards, and local municipal subdivisions for the cost of converting conventional vehicles to operate on alternative fuels, or the incremental cost of purchasing new AFVs. Eligible alternative fuels must meet or exceed federal emissions standards and include compressed natural gas, liquefied natural gas (propane), biodiesel, ethanol, methanol, and electricity. The Department must promulgate rules and regulations necessary to implement the loan program. As of September 2011, funding has not been appropriated. (Reference Louisiana Revised Statutes 33:1419.1-33:1419.6)
The Louisiana Division of Administration must purchase alternative fuel vehicles (AFVs) capable of operating on alternative fuels that meet or exceed the federal Clean Air Act (CAA) standards, including hybrid electric vehicles (HEVs). Alternative fuels include compressed natural gas, liquefied petroleum gas (propane), reformulated gasoline, methanol, ethanol, advanced biofuels, electricity, and other fuels that meet or exceed the CAA standards. State agency vehicles may be granted a waiver.
Political subdivisions may also purchase or lease AFVs, including HEVs and may acquire infrastructure to fuel AFVs. If the infrastructure is donated, loaned, or provided through an alternative fuel supplier, the supplier is entitled to recoup the cost of the equipment through fuel charges under the supply contract.(Reference House Bill 70, 2011, and Louisiana Revised Statutes 33:1418 and 39:364)