HB2161

Providing an income tax credit for the sale and distribution of biodiesel and renewable diesel blends for motor vehicle fuels.

Introduced·1/30/25
Introduced Text

Kansas HB2161 provides a tax credit for the sale and distribution of biodiesel and renewable diesel blends for motor vehicle fuels.

Kansas HB2161 offers a tax credit for retail dealers and distributors selling biodiesel and renewable diesel blends for motor vehicle fuels. The credit is $0.05 per gallon for blends sold during taxable years 2026 through 2031. Unused credits can be carried forward for up to five years, but they are not refundable. The total annual credit is capped at $5,000,000. Biodiesel must meet ASTM standards, and biodiesel from palm oil is excluded unless it is from waste oil and grease collected within the United States.

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Where it stands

Current
Agriculture and Natural Resources Committee
Next
Committee decision

Sponsors

0
0
Democratic CaucusRepublican Caucus

History

Jan 30, 2025

House

House Introduced

Jan 30, 2025

House

House Referred to Committee on Agriculture and Natural Resources