About this archived opportunity

The Wood Energy Tax Credit allows individuals or businesses using Missouri forestry industry residues to produce processed wood fuel (e.g., wood pellets), the opportunity for a state income tax credit of $5 per ton of processed material. A multiplier of four applies to charcoal, based on the amount of Missouri forest industry residue required to produce one ton of charcoal. This credit is a production incentive to produce processed wood products in a qualified wood-producing facility using Missouri forest product residue.The Wood Energy Tax Credit may be claimed for a period of five years and is a tax credit against tax otherwise due. The aggregate amount of all tax credits allowed under sections 135.300 to 135.311, RSMo, may not exceed $6M in any given fiscal year. No tax credits will be authorized under sections 135.300 to 135.311, RSMo, unless an appropriation is made for such credits. No new tax credits provided for under sections 135.300 to 135.311, RSMo, will be authorized after June 30, 2028.Additional information about the Wood Energy Tax Credit is outlined in 10 CSR 140-4.010.EligibilityTo be considered an eligible fuel, forestry industry residues must have undergone therm

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