Indiana Administrative Code › Title 326 - AIR POLLUTION CONTROL DIVISION › Article 19 - MOBILE SOURCE RULES › Rule 3 - Clean Fuel Fleet Vehicles › Section 3-4 - Banking and trading of credits

Current through July 10, 2024
Authority: IC 13-14-8-7; IC 13-17-3-4; IC 13-17-3-14; IC
				  13-17-5-1
Affected: IC 13-12-3-1
Sec. 4.
(a) This
				section establishes the requirements of a credit program to enable fleet owners
				to meet the requirements of this rule both by purchasing clean fuel vehicles
				directly and by trading or banking credits for vehicle purchases. General
				provisions for the credit program are as follows:
(1) Credits shall be generated only if a
				fleet operator obtains clean fuel vehicles in excess of the required number or
				type of vehicle required in section 3(a) of this rule or earlier than required
				by that section.
(2) Credits may be
				used to meet the purchase requirements of section 3 of this rule.
(3) Converted clean fuel vehicles shall earn
				credits in the same manner as other purchased clean fuel vehicles.
(4) All clean fuel vehicles used to generate
				credits must:
(A) meet the applicable emission
				standards;
(B) be operated in Lake
				or Porter County; and
(C) meet all
				other standards under this rule.
(5) A partially covered or covered fleet
				operator, who purchases or leases clean fuel fleet vehicles only to generate
				credits, shall be subject to all the requirements of this rule.
(6) A noncovered fleet owner who purchases or
				leases a clean fuel vehicle only to generate clean vehicle credit shall be
				subject to all the requirements of this rule except the purchase requirements
				of section 3 of this rule.
(7)
				Fleet operators who purchase or lease flexible fuel or dual fuel vehicles for
				the purpose of generating credit may receive credits based on the emissions of
				the cleanest fuel. Fleet operators who have received credits for flexible fuel
				or dual fuel vehicles shall operate those vehicles only on the fuel that each
				vehicle is certified on as an LEV, a ULEV, or a ZEV while operated in the
				Chicago severe nonattainment area.
(8) Credit may only be sold to or used in the
				Chicago severe nonattainment area by operators whose fleets operate in that
				area.
(9) Credit trading is allowed
				between all subclasses of LDVs and LDTs, but trading is not allowed between
				light-duty and heavy-duty classes.
(10) Credit trading is allowed between
				heavy-duty subclasses only if the credits to be traded are for the same
				subclass or a lighter heavy-duty subclass.
(11) Clean fuel vehicles used to meet
				purchase requirements or to generate purchase credits shall not be allowed to
				be sold or traded to satisfy additional purchase requirements or generate
				additional purchase credits for any other fleet operator.
(12) Converted clean fuel vehicles used to
				meet purchase requirements or to generate credits shall be removed from the
				fleet if the conversion hardware is reused to convert another vehicle for the
				purpose of satisfying the purchase requirements or to generate purchase
				credits.
(13) Only fleet operators
				who operate in the Chicago severe nonattainment area can generate
				credits.