Ethanol Production Tax Credit

June 08, 2004


Effective July 1, 2003, any person who has a tax liability for the sale of ethanol-based motor fuel or gasoline sold for the purpose of blending into an ethanol-based motor fuel may redeem a credit of $0.40 per gallon, valid with the Wyoming Department of Transportation (DOT). Under the 2003 provisions, an ethanol producer must purchase at least 25% (previously $1,000,000) of Wyoming origin products during the year the tax credits were earned. The total credits redeemed per ethanol producer must not exceed $2,000,000 per year ($4,000,000 for all tax credits). An ethanol producer constructing a new ethanol plant after July 1, 2003, may receive tax credits for a maximum of 15 years. Producers qualifying for the tax credit on or before July 1, 2003, may only receive the tax credit until June 30, 2009, unless there is an expansion in production of at least 25%, which may increase the amount of time a tax credit may be received.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Wyoming
Incentive Type: Corporate Tax Credit
Web Site:
Administrator: Wyoming Department of Transportation
Start Date: 1998
Eligible Renewable/Other Technologies:
Incentive Amount: $0.40 per gallon
Maximum Incentive: $2,000,000/year
Carryover Provisions: Purchase at least 25% of Wyoming origin products during the year the tax credits were earned


Name: Wyo. Stat. § 39-17-109 (d)
Effective Date: 1998


Name: Sharon Gostovich
Organization: Wyoming Department of Transportation
Address: 5300 Bishop Blvd.
Cheyenne WY 82009-3340
Phone: (307) 777-4774

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.