January 19, 2021. Natural gas vehicles will be exempt from the Motor Vehicle Property Tax (IPVA) in the state of Minas Gerais, Brazil, after Governor Romeu Zema signed a law granting tax exemption for renewable energy.
On January 7, 2021, the Governor signed Law 23.762/21, which grants exemption from the Tax on the Circulation of Goods and Services (ICMS) to renewable energy distributors and from the Property Tax on Motor Vehicles for cars powered by natural gas. The rule takes effect in the year following the purchase of the vehicle.
One of the most benefited by this initiative would be Andradas, since it is one of the cities connected to the gas pipeline of the distributor Gasmig in the south of Minas Gerais, and it was the first municipality in the region to have a filling station for natural gas vehicles. In addition, the municipal administration converted the entire municipal fleet to gaseous fuel.