Biodiesel Production Equipment Tax Credits (North Dakota)
Last modified on February 12, 2015.
Financial Incentive Program
|Name||Biodiesel Production Equipment Tax Credits|
|Incentive Type||Corporate Tax Credit|
|Energy Category||Renewable Energy Incentive Programs|
|Amount||10% of equipment costs|
|Carryover Provisions||Biodiesel blends must be at least B2; may carry credit forward for up to 5 years|
|Maximum Incentive||250,000 in cumulative credit for all taxable years|
|Date added to DSIRE||2003-07-14|
|Last DSIRE Review||2004-06-08|
North Dakota offers a 10% tax credit for biodiesel production/blending equipment costs. Biodiesel is defined by ASTM specifications and blended biodiesel must contain at least 2% biodiesel. Each taxpayer may receive up to $250,000 in credits for all taxable years. The credit under this program may not exceed the taxpayer's liability for the taxable year and each year's creidt amount may be carried forward for up to five taxable years.
Authorities (Please contact the if there are any file problems.)
|Authority 1:||HB 1309|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.