Biodiesel Production Equipment Tax Credits (North Dakota)

Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place	North Dakota
Name	Biodiesel Production Equipment Tax Credits
Incentive Type	Corporate Tax Credit
Applicable Sector	Industrial
Eligible Technologies	Biodiesel
Active Incentive	No
Implementing Sector	State/Territory
Energy Category	Renewable Energy Incentive Programs
Amount	10% of equipment costs
Carryover Provisions	Biodiesel blends must be at least B2; may carry credit forward for up to 5 years
Start Date	2003-12-31
Maximum Incentive	250,000 in cumulative credit for all taxable years
References	DSIRE

Summary

North Dakota offers a 10% tax credit for biodiesel production/blending equipment costs. Biodiesel is defined by ASTM specifications and blended biodiesel must contain at least 2% biodiesel. Each taxpayer may receive up to $250,000 in credits for all taxable years. The credit under this program may not exceed the taxpayer's liability for the taxable year and each year's creidt amount may be carried forward for up to five taxable years.

Authorities (Please contact the if there are any file problems.)

Authority 1:	HB 1309
Date Effective	2003-12-31
Date Enacted	2003-04-21

• Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.