Cellulosic Ethanol Investment Tax Credit

Expired: 01/01/2018

A tax credit is available for investments in a qualified small business that uses or is involved in the research or development of a proprietary technology related to cellulosic ethanol. The tax credit is equal to 25% of the qualified investment, up to $250,000 annually. The credit is available for an investment of up to $1 million over the life of a qualified small business. Eligible small businesses must receive state certification and meet other requirements, such as being headquartered in Minnesota. The tax credit expires December 31, 2017. (Reference Minnesota Statutes 116J.8737)

Jurisdiction: Minnesota

Type: State Incentives

Enacted: Apr 1, 2010

Amended: May 3, 2011

Technologies: Ethanol

See all Minnesota Laws and Incentives.