This act shall sunset on December 31, 2027, unless reauthorized by the General Assembly.

These provisions are identical to SCS/SB 140 (2021) and substantially similar to provisions contained in HCS/HB 601 (2021) and provisions contained in HCS/SS/SCS/SB 4 (2021).

For all tax years beginning on or after January 1, 2022, this act authorizes a tax credit for retail dealers selling biodiesel blends at retail service stations, as set forth in the act. The credit shall be equal to two cents per gallon of biodiesel blend of at least 5% but not more than 10% sold or five cents per gallon of biodiesel blend in excess of 10%. The tax credit shall be nontransferable and refundable. The total amount of tax credits authorized under the act in a given fiscal year shall not exceed $20 million.

The Department of Revenue may work with the Division of Weights and Measures to validate that the biodiesel blend a retail dealer claims for the tax credit authorized under the act contains a sufficient percentage of biodiesel fuel for the tax credit being claimed.

Nothing in the act shall be construed to mandate the sale of biodiesel blends in Missouri.

This act shall sunset on December 31, 2027, unless reauthorized by the General Assembly.

These provisions are similar to SCS/SB 96 (2021).

JAMIE ANDREWS

SA #1: CHANGES THE TITLE TO "TAX CREDITS" AND REPEALS A PROVISION REQUIRING THE REVIEW OF AND APPROVAL OF NEW TAX CREDITS.

SA #2: CHANGES THE CAP ON THE TAX CREDIT FOR BIODIESEL BLENDS FROM $20 MILLION A YEAR TO $16 MILLION A YEAR.