Current through Register Vol. 35, No. 18, September 24, 2024
A. An applicant may
apply for a New Mexico clean car charging unit corporate income tax credit by
submitting an application for a certificate of eligibility to the division
using a department-developed application or an approved electronic application
system.
B. To be considered
complete, an application must include the state tax credit application and any
required attachments.
C. Married
individuals filing separate returns for a taxable year for which they could
have filed a joint return may each claim only one-half of the tax credit that
would have been claimed on a joint return.
D. The completed application shall consist of
the following:
(1) The applicant's name,
mailing address, e-mail address, county of installation, telephone number and
last four of applicant's social security number or employer identification
number (EIN) provided by a business applicant;
(2) The address where the clean car charging
unit is located.
(3) Name of the
electric utility service provider for that address.
(4) Whether the clean car charging unit is
for private or public use.
(5)
Total purchase price and price of any labor to install the operating clean car
charging unit.
(6) If applicable,
the date the charging unit received a successful electrical
inspection.
(7) The charging unit
specification sheet and description.
(a) A
charging unit specification sheet must specify the connector type(s), plug
type(s), manufacturer, model, serial number, voltage, and amperage, of the
electric vehicle charging unit, and whether the current is alternating or
direct;
(b) For a fuel cell
charging unit, technical specifications on the fuel dispensing unit and fuel
storage system, including information about operational pressures of the fuel
cell charging unit.
(8) A
statement the applicant signed and dated, which may be a form of electronic
signature if approved by the department, agreeing:
(a) all information provided in the
application package is true and correct to the best of the applicant's
knowledge;
(b) the applicant has
read the certification requirements contained in 3.4.24;
(c) the applicant understands that the
department must certify the clean car charging unit documents in the
application package before the applicant becomes eligible for a state tax
credit;
(d) a taxpayer who received
the 2021 sustainable building tax credit for expenses of purchasing or
installing an electric vehicle charging unit or fuel cell charging unit shall
not be eligible to claim the tax credit, and;
(e) the clean car charging unit was installed
in full compliance with all applicable federal, state, and local government
statutes, ordinances, rules, regulations, codes and standards that were in
effect at the time of installation.
