Biofuels Retail Tax Credit
Retailers of E85 or fuel blends containing at least 20% biodiesel (B20) may receive a tax credit of $0.15 per gallon of E85 or biodiesel blend sold in 2010, and $0.13 per gallon of E85 or biodiesel blends sold in 2011. Tax credits are also available to retailers of biodiesel blends for fuel sold in 2010 and 2011 as follows:
- $0.075 per gallon for blends of at least 10% biodiesel (B10) but less than B20; and
- $0.0375 per gallon for blends of at least 6% (B6) but less than B10.
Type: State Incentives
Enacted: Sep 29, 2007
Amended: Feb 27, 2010
Technologies: Biodiesel, Ethanol
See all Ohio Laws and Incentives.