Search Federal and State Laws and Incentives
Search incentives and laws related to alternative fuels and advanced vehicles. You can search by keyword, category, or both.
Search Results | 3 laws and incentives
| Jurisdiction |
Title |
Type |
Body (TODO:hide) |
| North Dakota |
Biodiesel and Renewable Diesel Sales Equipment Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: North Dakota
Qualified retailers may be eligible for a corporate income tax credit of 10% of the direct costs incurred to adapt or add equipment to a facility so that it may sell diesel fuel containing at least 2% biodiesel or renewable diesel. A retailer may only claim the credit for up to five years and is limited to $50,000 in cumulative credits for all taxable years. The biodiesel or renewable diesel must meet applicable ASTM standards. (Reference North Dakota Century Code 57-38-01.23)
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| North Dakota |
Biodiesel and Renewable Diesel Blender Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: North Dakota
A licensed fuel supplier who blends biodiesel or renewable diesel with diesel fuel may claim an income tax credit of $0.05 per gallon for fuel containing at least 5% biodiesel or renewable diesel. The tax credit may not exceed the taxpayer’s liability for the taxable year and each year’s unused credit amount may be carried forward for up to five taxable years. The biodiesel or renewable diesel must meet applicable ASTM standards. (Reference North Dakota Century Code 57-38-01.22)
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| North Dakota |
Biodiesel and Renewable Production and Blending Equipment Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: North Dakota
Qualified producers or blenders may be eligible for a corporate income tax credit of 10% of the direct costs incurred to add equipment to retrofit an existing facility or construct a new facility in the state for the purpose of producing or blending diesel fuel containing at least 2% biodiesel or renewable diesel. A taxpayer may only claim the credit for up to five years and is limited to $250,000 in cumulative credits for all taxable years. The biodiesel or renewable diesel must meet applicable ASTM standards. (Reference North Dakota Century Code 57-38-30.6)
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