Natural Gas Station Property Tax Reduction

Any public utility, commercial, or industrial property certified to fuel natural gas vehicles may not be valued for property tax purposes at more than 30% of its total installed cost. The Tennessee Department of Environment and Conservation must certify that the station uses compressed or liquefied natural gas for the purpose of fueling motor vehicles and is projected to displace more than 6,000 gallons of petroleum annually. (Reference Tennessee Code 67-5-601 and 67-4-2004).

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