Electric Vehicle Tax Credit - Corporate

MT Corporate Tax Credit commercial

Program Details

Program ID: 22197
Last Updated: 3/20/2023

Eligibility

Eligible Sectors

commercial

Eligible Technologies

passenger electric vehicles medium-duty electric vehicles heavy-duty electric vehicles electric school buses electric transit buses

Program Summary

The State of Montana has established a tax credit for the conversion of gasoline vehicles to alternative fuel vehicles. This credit is available for individuals, corporations, partnerships, and small businesses. Alternative fuel for the purposes of this law means natural gas, liquefied natural gas, liquefied petroleum gas, electricity, hydrogen, or any other fuel if at least 85% of it is methanol, ethanol/other alcohol, ether, or any combination of these.This credit was repealed under S.B. 399 of 2021.

Contact & Resources

Additional Resources

https://leg.mt.gov/bills/mca/title_0150/chapter_0300/part_0230/section_0200/0150-0300-0230-0200.html

Please verify current program details with the administering agency before making any financial decisions.