Alternative Fuel Production Tax Incentives - Kentucky Enterprise Initiative Act (KEIA)

Archived: 06/13/2022

Companies engaged in energy-efficient alternative fuel production, alternative fuel production, and gasification may be eligible for an incentive through KEIA. KEIA provides a refund of Kentucky sales and use tax paid by approved companies for building and construction materials for the acquisition, construction, or expansion of a new or existing facility or eligible equipment used in research and development. Energy-efficient alternative fuels are defined as homogeneous fuels that are produced from processes designed to densify feedstocks such as coal, waste coal, or biomass resources and have an energy content that is greater than the feedstock. For more information, including qualifications and the application process, see the Kentucky Cabinet for Economic Development Financial Incentives website.

(Reference Kentucky Revised Statutes 154.31 and Senate Bill 249)