Tax Incentive for Production of Alcohol (Montana)

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 Montana

Name Tax Incentive for Production of Alcohol
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Industrial
Eligible Technologies Ethanol
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount 0.30 per gallon








Expiration Date 2010-07-01






Maximum Incentive 3 million in any consecutive 12-month period









Terms Provide a written plan to DOT 24 months prior
Program Administrator Montana Department of Transportation
Website http://www.deq.state.mt.us/energy/Renewable/TaxIncentRenew.asp#15-70-522
Date added to DSIRE 2003-01-08
Last DSIRE Review 2004-06-08



References DSIRE[1]


Summary

There is a 30 cents a gallon tax incentive for alcohol produced in Montana from 100 percent Montana agricultural products, including Montana wood or wood products. The amount of the incentive is reduced proportionately if agricultural or wood products not from Montana are used in the production of the alcohol. Total payments of the incentive can’t exceed $6 million in any consecutive 12-month period. An individual alcohol distributor can’t receive incentive payments exceeding $3 million in any consecutive 12-month period. These benefits are available until July 1, 2010. To receive the incentive payments, an alcohol distributor must provide a written plan to the Department of Transportation at least 24 months before the anticipated collection of the incentives. The plan must contain information on the source or sources of financing for the acquisition of the plant, land, and equipment used for the production of gasohol; the anticipated source of agricultural products used in the production of gasohol; and the anticipated time, quantity, and duration of production of gasohol.


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

Authority 1: 15-70-522 MCA


Expiration Date 2010-07-01

















Incentive Contact

Contact Name Patricia Saindon
Department Montana Department of Transportation

Address PO Box 201001
Address 2 2701 Prospect Ave.
Place Helena, Montana
Zip/Postal Code 59620-1001
Phone (406) 444-3143
Phone 2 (406) 444-7671

Email psaindon@state.mt.us
Website http://www.mdt.state.mt.us/
Contact Name Information Specialist - MT Dept. of Rev.
Department Montana Department of Revenue

Address P.O. Box 5805

Place Helena, Montana
Zip/Postal Code 59604-5805
Phone (406) 444-6900



Website http://mt.gov/revenue/
     

  • 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)"