South Dakota provides a tax report credit for gasoline blended with ethyl or methyl alcohol to create an ethanol blend, E85 or M85 to the licensed blender who performs the blending activity. The tax report credit shall be granted on a per gallon basis in the amount that the rate for motor fuel exceeds the rate for ethanol blend E85 or M85. The credit shall be used to off-set any tax liability resulting from the blending of previously untaxed ethyl or methyl alcohol.
| Implementing Sector: | State |
| Category: | Financial Incentive |
| State: | South Dakota |
| Incentive Type: | Corporate Tax Exemption |
| Web Site: | http://www.state.sd.us/Revenue/MotorVehicle/motorfuelmanual.htm |
| Administrator: | |
| Start Date: | |
| Eligible Renewable/Other Technologies: |
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| Incentive Amount: | $0.02 - $0.12 |
| Name: | S.D. Codified Laws § 10-47B-136 |
| Name: | Public Information - Department of Revenue |
| Organization: | Governor's Office of Economic Development |
| Address: |
445 East Capitol Avenue Pierre SD 57501-3100 |
| Phone: | (605) 773-3311 |
| Email: | motorv@state.sd.us |
This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.
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