Biodiesel Blend Tax Credit

Licensed biodiesel blenders are eligible for a tax credit for special fuel, including diesel that is blended with biodiesel. The tax credit is granted on a per gallon basis in the amount that the rate for special fuel exceeds the rate for the biodiesel blend. The purpose of the credit is to offset any tax liability resulting from the blending of previously untaxed biodiesel.

(Reference South Dakota Statutes 10-47B-121.1)

Jurisdiction: South Dakota

Type: State Incentives

Enacted: Mar 12, 2009

Technologies: Biodiesel

See all South Dakota Laws and Incentives.