Biofuels Production Incentive
The Mississippi Department of Agriculture and Commerce (Department) provides incentive payments to qualified ethanol and biodiesel producers located in Mississippi. The Department may issue payments of $0.20 per gallon for up to 30 million gallons per year per producer for a period of up to 10 years following the start date of production. The Department may not make payments for production after June 30, 2015, and the maximum total annual payment to a single producer per fiscal year is $6 million. (Reference Mississippi Code 69-51-5)
Type: State Incentives
Technologies: Biodiesel, Ethanol
See all Mississippi Laws and Incentives.