Modifies provisions relating to the biodiesel blend fuel seller tax credits
Referred: Emerging Issues(H)
Summary
The bill gives Missouri retail fuel dealers and distributors a state income‑tax credit for each gallon of biodiesel blend they sell—$0.02 per gallon for blends of 5‑10% and $0.05 per gallon for blends of 10‑20%. Credits are refundable, cannot be transferred, and the total yearly credit amount is limited to $16 million. The program would run through 2028 unless the legislature reauthorizes it.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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