Biomass Producer or Collector Tax Credit (Oregon)

This is the approved revision of this page, as well as being the most recent.
Jump to: navigation, search

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Oregon

Name Biomass Producer or Collector Tax Credit
Incentive Type Corporate Tax Credit
Applicable Sector Industrial, Agricultural, Biomass Collector
Eligible Technologies Biomass, Anaerobic Digestion, Biodiesel
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount Varies by biomass type, see below for more detail








Expiration Date 2018-01-01

















Program Administrator Oregon Department of Energy
Website http://www.oregon.gov/ENERGY/RENEW/Biomass/TaxCdt.shtml
Date added to DSIRE 2011-11-23
Last DSIRE Review 2014-10-17



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

The Oregon Department of Energy provides a tax credit for agricultural producers or collectors of biomass. The credit can be used for eligible biomass used to produce biofuel; biomass used in facilities such as those producing electricity from anaerobic digestion, pellets, or torrefaction also qualifies. Biomass used as biofuel or used to produce biofuel - in a solid, liquid or gaseous state - qualifies for this tax credit. The production or collection of biomass must take place in Oregon and must also be used in Oregon. Certain types of biomass are ineligible for this credit, including biomass to be used for firewood or charcoal, construction and demolition debris, urban wood waste, yard debris, residual wood waste generated at a mill (such as sawdust or bark), algae, and material from pre-construction or construction activities and golf courses. The tax credit rates are multiplied by the amount of biomass produced or collected and vary by biomass type, as follows:


  • Oil seed crops: $0.05/pound
  • Grain crops: $0.90/bushel
  • Virgin oil or alcohol: $0.10/gallon
  • Used cooking oil or waste grease: $0.10/gallon
  • Wastewater biosolids: $10/wet ton
  • Woody biomass: $10/dry ton
  • Vegetative biomass from agricultural crops: $10/dry ton
  • Animal manure or rendering offal: $5/wet ton

The credit can be transferred to another taxpayer, though the minimum discount value for the transfer of the credit is 90% of the value of the tax credit. This tax credit is available for tax years beginning before January 1, 2018.


Incentive Contact

Contact Name Matt Krumenauer
Department Oregon Department of Energy

Address 625 Marion Street, N.E.

Place Salem, Oregon
Zip/Postal Code 97301-3737
Phone (503) 383-8694


Email matt.krumenauer@state.or.us
Website http://www.oregon.gov/energy
     
     

Authorities (Please contact the if there are any file problems.)

Authority 1: OAR 330-170-0010 to 330-170-0070
Date Effective 2014-01-01

Expiration Date 2018-01-01

Authority 2: ORS § 469B.403 et seq.

Date Enacted 2007, subsequently amended


Authority 3: ORS 315.141
Date Effective 2007-01-01
Date Enacted 2007-07-03

















  • 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"