Country:United States
Policy status:Ended
Date Effective:1991
Date Ended:2010
Policy Type:Economic Instruments>Fiscal/financial incentives>Tax relief, Economic Instruments>Fiscal/financial incentives, Economic Instruments>Fiscal/financial incentives>Taxes
Policy Target:Transport>Passenger, Energy Sector, Energy Sector>CHP, Energy Sector>Electricity Generation, Energy Sector>Electricity Generation>Fossil fuels (Coal, gas, oil), Energy Sector>Distribution/Storage, Energy Sector>Electricity Generation>Renewable, Energy Sector>Electricity Generation>Renewable>Bioenergy, Energy Sector>Electricity Generation>Renewable>Geothermal, Energy Sector>Electricity Generation>Renewable>Hydropower, Energy Sector>Electricity Generation>Renewable>Ocean, Energy Sector>Electricity Generation>Renewable>Solar Photovoltaic, Energy Sector>Electricity Generation>Renewable>Solar Thermal, Energy Sector>Electricity Generation>Renewable>Wind, Transport, Transport>Freight
Agency:Department of Treasury, Internal Revenue Service (IRS)
Legal References:IRS Publication 510
Description:The Small Ethanol Producer Credit allows an additional tax credit of 10 cents per gallon for small ethanol producers. Section 1347 of the Energy Policy Act of 2005 changes the definition of a ?small ethanol producer? to include a production capacity of up to 60 million gallons (instead of the up to 30 million gallons originally established by Congress in 1990). For more information, see IRS Publication 510 and IRS Forms 637 and 6478.

Last modified: Wed, 29 Aug 2012 14:24:23 CEST