Renewable Fuel Infrastructure Tax Credit
Archived: 12/31/2013
A tax credit is available for 25% of the cost to install or retrofit fueling pumps that dispense gasoline fuel blends of at least 85% ethanol or diesel fuel blends of at least 20% biodiesel fuel or that mix fuel from separate storage tanks and allow the user to select the percentage of renewable fuel. The maximum credit amount is $5,000 per taxable year for each fueling station that has installed or retrofitted a pump. The credit must be claimed within four years of the tax return and expires December 31, 2017. For more information see the Wisconsin Grant Programs page. (Reference Wisconsin Statutes 71.07 (5j), 71.21(4), 71.26(2)(a), 71.34(1)(g), 71.45(2)(a)10, 77.92(4), 71.28(5j), 71.30(3)(ds), 71.47(5j), and 71.49(1)(ds))
Jurisdiction: Wisconsin
Type: State Incentives
Enacted: Oct 26, 2007
Amended: May 20, 2010
Technologies: Biodiesel, Ethanol
See all Wisconsin Laws and Incentives.