1. (1) A qualified taxpayer shall reserve a qualified heavy-duty vehicle tax credit before submitting proof of qualified purchase to obtain approval from the division for the heavy duty vehicle tax credit. A qualified taxpayer shall apply to reserve the tax credit on forms provided by the division, which will include the following:

   1. (a) the name of the qualified taxpayer and the qualified taxpayers registered name with the United States Department of Transportation (USDOT),
   2. (b) the last four digits of the qualified taxpayer's social security number (SSN) or employer identification number (EIN),
   3. (c) the qualified taxpayer's address, and
   4. (d) the qualified taxpayer's USDOT number.
2. (2) The tax credit shall be reserved for the qualified taxpayer for up to 180 calendar days from the division's approval of the request to reserve the credit.
3. (3) If the qualified taxpayer does not meet all of the requirements of Rule R307-122-4 before 181 calendar days after the division's approval of the request to reserve the tax credit, the tax credit will no longer be reserved for the qualified taxpayer.

KEY: air pollution, alternative fuels, tax credits, heavy duty vehicles

Date of Last Change: August 3, 2017

Notice of Continuation: May 7, 2025

Authorizing, and Implemented or Interpreted Law: 19-2-104; 19-1-402; 59-7-618.1; 59-10-1033.1