Biodiesel Information

Tennessee Biodiesel Information 2017

Jurisdiction:      Tennessee      

Year of Report:    2017      

1) Jurisdiction provides either a refund or an exemption, impose a tax rate different than diesel, or offer an incentive (i.e. producers' or income tax credit):  Yes

2) Jurisdiction offers a refund for tax paid on biodiesel for IFTA carriers:  

Effective date of the legislation:  

Brief description of the legislation:  

3) Jurisdiction offers a biodiesel tax exemption for IFTA carriers:  No

Effective date of the legislation:  

Brief description of the legislation:  

4) Jurisdiction imposes a tax on biodiesel at a rate different than the tax imposed on diesel:  No

Effective date of the biodiesel tax rate:  

5) Instructions for the IFTA licensees based in your jurisdiction to report biodiesel use on the IFTA return. :  

6) Biodiesel incentive such as a producer's credit or an income tax credit:  

Effective date of the legislation:  07-01-2007

Type of biodiesel incentive is offered:  Tennessee biodiesel Manufacturer's Incentive Fund Public Chapter 580 defines biodiesel and creates the Tennessee Biodiesell Manufacturer's Incentive Fund. Disbursements from the fund subject to the generall appropirations act. In any year in which money is appropriated to the fund, the fund will make incentive payments to Tennessee biodiesel manufacturers who sell biodiesel to Tennessee distributors. The amount of the payments will be determined by the Department of Economic & Community Development. Up to ten milion (10,000,000) gallons per year per manufacturer are eligible for incentive funds. Tennessee Tax Code defines "biodiesel" at 67-3-103(a) and describes the incentive at 67-3-423. Repeal date: July 1, 2013.

7) Website that includes information regarding biodiesel:  Click Here