Renewable Fuel Excise Tax Exemption (Maine)
From Open Energy Information
Summary
Last modified on February 12, 2015.
Financial Incentive Program
| Place | Maine
|
|---|---|
| Name | Renewable Fuel Excise Tax Exemption |
| Incentive Type | Corporate Exemption |
| Applicable Sector | Fuel Distributor |
| Eligible Technologies | Ethanol, Biodiesel |
| Active Incentive | No |
| Implementing Sector | State/Territory |
| Energy Category | Renewable Energy Incentive Programs |
| Amount | Excise tax exemption of 22 cpg
|
| Program Administrator | Maine Revenue Services
|
| References | DSIRE[1] |
Summary
Renewable fuels, including ethanol and biodiesel, are exempt from the 22 cent/gallon excise tax on motor vehicle fuel. For blended fuels, only the renewable fuel part is exempt.
Authorities (Please contact the if there are any file problems.)
| Authority 1: | 36 MRSA §2903 (LD 441, 2003) |
|---|---|
| Date Enacted | 2003-05-23
|
- Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]
References