Issue Briefs Subject(s): Fiscal Policy & Taxes Transportation & Motor Vehicles Published: November 13, 2017 Agency: Legislative Council Staff The state innovative motor vehicle income tax credit is intended to reduce the cost of alternative fuel vehicles and incentivize their purchase. This issue brief describes the income tax credit, most recently modified by House Bill 16-1332, and provides information on the fixed income tax credit values available for passenger cars and trucks. Download Document