Biodiesel Production Equipment Tax Credits (North Dakota)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place North Dakota

Name Biodiesel Production Equipment Tax Credits
Incentive Type Corporate Tax Credit
Applicable Sector Industrial
Eligible Technologies Biodiesel
Active Incentive No

Implementing Sector State/Territory
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





Start Date 2003-12-31







Maximum Incentive 250,000 in cumulative credit for all taxable years












Date added to DSIRE 2003-07-14
Last DSIRE Review 2004-06-08



References DSIRE[1]


Summary

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
Date Effective 2003-12-31
Date Enacted 2003-04-21


















  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"