U.S. Department of Energy, Argonne National Laboratory
| Details | Low-Income Communities, Non-Urban Areas |
|---|---|
| Topics | Alternative Fuel Vehicle Refueling Property Tax Credit (30C) |
| Source | U.S. Department of Energy, Argonne National Laboratory |
| Years Available | 2015, 2020 |
| Geographies | Census Tract |
| Public Edition or Subscriber-only | Subscriber Only |
| Download Available | yes |
| For more information | https://www.anl.gov/esia/refueling-infrastructure-tax-credit |
| Last updated on PolicyMap | April 2024 |
Description:
These layers reflect currently available data on two types of census tracts that are determined to meet the geographic eligibility for the Alternative Fuel Vehicle Refueling Property Tax Credit (30C). The eligible census tracts are defined in IRS Notice 2024-20 (https://www.irs.gov/pub/irs-drop/n-24-20.pdf). The data in PolicyMap reflects additional eligible census tracts that were identified by Treasury/IRS in April 2024 as detailed in press release IR-2024-107.
- Low Income Community Census Tracts: Low-income communities are census tracts that the CDFI Fund has determined are eligible for the New Markets Tax Credit (NMTC) Program in accordance with Internal Revenue Code section 45D(e). Tracts can be eligible using NMTC eligibility determined based on either the 2011-2015 Census ACS or the 2016-2020 Census ACS. The 2011-2015 low-income community determination can be used for qualified alternative fuel vehicle refueling property placed in service after Dec. 31, 2022, and before Jan. 1, 2025. Whereas the 2016-2020 low-income community tracts are anticipated to remain eligible through 2029.
- Non-urban Census Tracts: Refers to Treasury/IRS determinations of census tracts based on 2020 Census Bureau determinations of Urban Areas and 2020 census tract boundaries. These tracts are anticipated to remain eligible locations for the 30C credit until the Census Bureau’s determinations of 2030 urban areas are released.