Bio-Fuels Production and Sales Tax Incentive « Back to Search Results
Bio-Fuels Production and Sales Tax Incentive

Category: State Incentives, Tax Incentives


Provides a tax credit on blended biodiesel fuels (a minimum of 2% biodiesel). Gross receipts and compensating tax may be deducted for installing biodiesel blending infrastructure up to $50,000 per facility or $1 million per year.
 


Contacts

New Mexico Economic Development Department
http://www.gonm.biz/businessresources/Incentives.aspx