Biofuel Fueling Infrastructure Tax Credit

Expired: 12/31/2011

An income tax credit is available for qualified biofuel fueling infrastructure. The credit is 6% of the cost to install new, or upgrade existing, fueling infrastructure for the purpose of selling and dispensing biofuel. The allowable credit cannot exceed 50% of the taxpayer’s income tax liability. For the purpose of this incentive, biofuel is defined as any fuel offered for sale as a transportation fuel that is agriculturally derived and meets applicable ASTM standards, including, but not limited to, ethanol, ethanol blended fuels, biodiesel, and biodiesel blended fuels. This incentive expires after December 31, 2011. (Reference Idaho Statutes 63-3029M)

Jurisdiction: Idaho

Type: State Incentives

Enacted: Mar 26, 2007

Technologies: Biodiesel, Ethanol

See all Idaho Laws and Incentives.