SB 913
Modifies provisions relating to tax credits
SS/SB 913 - This act modifies provisions relating to tax credits. WOOD ENERGY TAX CREDIT A tax credit for the production of certain wood-energy processed wood products expires on June 30, 2028. This act extends such sunset date to June 30, 2033. (Section 135.305) MEAT PROCESSING FACILITIES TAX CREDIT The Meat Processing Facility Investment Tax Credit for the expansion or modernization of meat processing facilities expires on December 31, 2028. This act extends such sunset date to December 31, 2033. (Section 135.686) HIGHER ETHANOL FUEL TAX CREDIT A tax credit for the sale of higher ethanol blend fuels expires on December 31, 2028. This act extends such sunset date to December 31, 2033. (Section 135.772) BIODIESEL RETAIL SALE TAX CREDIT A tax credit for the sale of biodiesel fuels expires on December 31, 2028. This act extends such sunset date to December 31, 2033.