Created on Thursday, 19 September 2013 Written by THE ASSOCIATED PRESS
CLEVELAND (AP) — A bipartisan team of state lawmakers wants to offer tax credits to convert cars and trucks to burn both gasoline and natural gas.
State Reps. Sean J. O'Brien, a Democrat from Hubbard in Trumbull County, and David Hall, a Republican from Millersburg in Holmes County, are preparing legislation to give state tax credits to back conversions or to buy an alternative fuel option vehicle.
The proposal was developed with the assistance of an industry group.
The measure, which is awaiting introduction, also would create a multimillion-dollar loan program to finance refueling equipment as companies convert fleets of vehicles.
The credit would pay for up to 50 percent of the cost of conversion, which is $5,000 to $10,000 for cars and light-duty trucks and up to $40,000 for large trucks.