Form 567-A - Credit For Investment In Clean-Burning Motor Vehicle Fuel Property - 2014

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State of Oklahoma
a
Credit for Investment in Clean-Burning
567-
2
0
1
Motor Vehicle Fuel Property
4
Social Security Number or Federal Employer Identification Number
Name as Shown on Return
Indicate the qualified clean-burning fuel property for which you are claiming a credit.
Compressed Natural Gas
Liquefied Natural Gas
Liquefied Petroleum Gas
General Information
A credit is allowed for investments in qualified clean-burning motor vehicle fuel property.
• Use Part 1 to compute the credit for the purchase or conversion of a qualified motor vehicle. The credit from
Section A is carried to Form 511CR, line 3a.
• Use Part 2 to compute the credit for property directly related to the delivery of a qualified fuel into the fuel tank of
a motor vehicle and the storage of such fuel or for a public access recharging system for vehicles propelled by
electricity.
• Use Part 3 to compute the credit for a natural gas refueling station in a private residence.
• Use Part 4 to determine the total credit from Part 1, Section B; Part 2 and Part 3 to carry to Form 511CR, line 3b.
Part 1 - Credit for Purchase or Conversion of a Qualified Motor Vehicle
A credit equal to 50%, 45% on or after August 22, 2014, of the cost of the qualified clean-burning motor vehicle fuel
property is allowed. For purposes of this credit “qualified clean-burning motor vehicle fuel property” means:
• Equipment installed to modify a motor vehicle which is propelled by gasoline or diesel fuel so the vehicle may
be propelled by compressed natural gas, liquefied natural gas or liquefied petroleum gas. The equipment must
be new, not previously used to modify or retrofit any vehicle propelled by gasoline or diesel fuel, and be installed
by an alternative fuels equipment technician who is certified in accordance with the Alternative Fuels Technician
Certification Act. The equipment must either meet all Federal Motor Vehicle Safety Standards set forth in 49
CFR 571, or for any commercial motor vehicle (CMV), follow the Federal Motor Carrier Safety Regulations or
Oklahoma Intrastate Motor Carrier Regulations.
• A motor vehicle originally equipped so the vehicle may be propelled by compressed natural gas, liquefied natu-
ral gas or liquefied petroleum gas, but only to the extent of the portion of the basis of such motor vehicle which
is attributable to the storage of such fuel, the delivery to the engine of such motor vehicle of such fuel, and the
exhaust of gases from combustion of such fuel.
If the above credit has not been claimed by any prior owner and the vehicle is purchased with qualified clean-burning
motor vehicle fuel property installed by the manufacturer of such motor vehicle and you are unable or elect not to de-
termine the exact basis which is attributable to such property you may claim a credit equal to the lesser of 10% of the
cost of the motor vehicle or $1,500.
If the credit is being claimed for more than one vehicle, complete a separate Form 567-A for each vehicle. Combine
the amounts from Part 1, Section A, line 3 of all Forms 576-A and enter the total on Form 511CR, line 3a. Combine the
amounts from Part 1, Section B, line 5 of all Forms 567-A and enter the total on only one Form 567-A, Part 4, line 1.
Make: __________________________________________________
Model: _____________________________
Vehicle Identification Number (VIN): ________________________________________________________________
Tag Number: ________________________
Date the vehicle was placed in service: ______________________
(Part 1 continued on page 2)

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