Ethanol Production Tax Credit (Kentucky)

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Last modified on February 12, 2015.

EZFeed Policy

Place Kentucky


   
Applies to States or Provinces Kentucky
Name Ethanol Production Tax Credit (Kentucky)
Policy Category Financial Incentive
Policy Type Corporate Tax Incentive
Affected Technologies Biomass/Biogas
Active Policy Yes

Implementing Sector State/Province



























Program Administrator Kentucky Energy and Environment Cabinet
Primary Website http://energy.ky.gov/biofuels/Pages/biofuelsIncentives.aspx



Last Review 2014-09-15



Summary

Qualified ethanol producers are eligible for an income tax credit of $1 per gallon of corn- or cellulosic-based ethanol that meets ASTM standard D4806. The total credit amount available for all corn and cellulosic ethanol producers is $5 million for each taxable year. Unused ethanol credits from one ethanol-based cap, such as corn, may be applied to another ethanol-based cap, such as cellulosic, in the same taxable year. Unused credits may not be carried forward. Kentucky statute information regarding alternative fuel producer tax credits can be found within KRS Chapters 141.422-141.430.



Policy Contact

Department Kentucky Energy and Environment Cabinet
Division Department for Energy Development and Independence - Division of Biofuels
Address 500 Mero Street, 12th Floor

Place Frankfort, KY
Zip/Postal Code 40601
Phone 502-564-7192




     
     


















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