Page 1 of 2 141.422 Definitions for KRS 141.422 to 141.425. As used in KRS 141.422 to 141.425: <br>(1) "Annual biodiesel and renewable diesel tax credit cap" means: (a) For calendar years beginning prior to January 1, 2008, one million five hundred thousand dollars ($1,500,000); (b) For the calendar year beginning on January 1, 2008, five million dollars ($5,000,000); and (c) For calendar years beginning on or after January 1, 2009, ten million dollars ($10,000,000); (2) "Annual cellulosic ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual cellulosic ethanol tax credit cap is modified pursuant to KRS <br>141.4248, in which case the cap established by KRS 141.4248 shall be the annual <br>cellulosic ethanol tax credit cap for that year. Any adjustments to the annual <br>cellulosic ethanol tax credit cap made pursuant to KRS 141.4248 shall be made on <br>an annual basis and shall not carry forward to subsequent years; (3) "Annual ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual credit cap is modified pursuant to KRS 141.4248, in which case the cap <br>established by KRS 141.4248 shall be the annual ethanol tax credit cap for that <br>year. Any adjustments to the annual ethanol tax credit cap made pursuant to KRS <br>141.4248 shall be made on an annual basis and shall not carry forward to <br>subsequent years; (4) "Biodiesel" means a renewable, biodegradeable, mono alkyl ester combustible liquid that is derived from agriculture crops, agriculture plant oils, agriculture <br>residues, animal fats, or waste products that meets current American Society for <br>Testing and Materials specification D6751 for biodiesel fuel (B100) blend stock <br>distillate fuels; (5) "Biodiesel producer" means an entity that manufactures biodiesel at a location in this Commonwealth; (6) "Cellulosic ethanol" means ethyl alcohol for use as motor fuel that meets the current American Society for Testing and Materials specification D4806 for ethanol that is <br>produced from cellulosic biomass materials of any lignocellulosic or hemicellulosic <br>matter that is available on a renewable or recurring basis, including: <br>(a) Plant wastes from industrial processes such as sawdust and paper pulp; <br>(b) Energy crops grown specifically for fuel production such as switchgrass; or <br>(c) Agricultural plant residues such as corn stover, rice hulls, sugarcane, and cereal straws; (7) "Cellulosic ethanol producer" means an entity that uses cellulosic biomass materials to manufacture cellulosic ethanol at a location in this Commonwealth; (8) "Blended biodiesel" means a blend of biodiesel with petroleum diesel so that the percentage of biodiesel in the blend is at least two percent (2%) (B2 or greater); Page 2 of 2 (9) "Ethanol" means ethyl alcohol produced from corn, soybeans, or wheat for use as a motor fuel that meets the current American Society for Testing and Materials <br>specification D4806 for ethanol; (10) "Ethanol-based tax credits" means the cellulosic ethanol tax credit provided for in KRS 141.4244 and the ethanol tax credit provided for in KRS 141.4242; (11) "Ethanol producer" means an entity that uses corn, soybeans, or wheat to manufacture ethanol at a location in this Commonwealth; (12) "Renewable diesel" means a renewable, biodegradeable, non-ester combustible liquid that: <br>(a) Is derived from biomass resources as defined in KRS 152.715; and <br>(b) Meets the current American Society for Testing and Materials Specification D396 for fuel oils intended for use in various types of fuel-oil-burning <br>equipment; D975 for diesel fuel oils suitable for various types of diesel fuel <br>engines; or D1655 for aviation turbine fuels; and (13) "Renewable diesel producer" means an entity that manufactures renewable diesel at a location in this Commonwealth. Effective: August 30, 2007 <br>History: Amended 2007 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 20, effective August 30, 2007. -- Created 2005 Ky. Acts ch. 168, sec. 136, effective March 18, 2005. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that this section shall apply to tax years beginning on or after January 1, <br>2005.
Page 1 of 2 141.422 Definitions for KRS 141.422 to 141.425. As used in KRS 141.422 to 141.425: <br>(1) "Annual biodiesel and renewable diesel tax credit cap" means: (a) For calendar years beginning prior to January 1, 2008, one million five hundred thousand dollars ($1,500,000); (b) For the calendar year beginning on January 1, 2008, five million dollars ($5,000,000); and (c) For calendar years beginning on or after January 1, 2009, ten million dollars ($10,000,000); (2) "Annual cellulosic ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual cellulosic ethanol tax credit cap is modified pursuant to KRS <br>141.4248, in which case the cap established by KRS 141.4248 shall be the annual <br>cellulosic ethanol tax credit cap for that year. Any adjustments to the annual <br>cellulosic ethanol tax credit cap made pursuant to KRS 141.4248 shall be made on <br>an annual basis and shall not carry forward to subsequent years; (3) "Annual ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual credit cap is modified pursuant to KRS 141.4248, in which case the cap <br>established by KRS 141.4248 shall be the annual ethanol tax credit cap for that <br>year. Any adjustments to the annual ethanol tax credit cap made pursuant to KRS <br>141.4248 shall be made on an annual basis and shall not carry forward to <br>subsequent years; (4) "Biodiesel" means a renewable, biodegradeable, mono alkyl ester combustible liquid that is derived from agriculture crops, agriculture plant oils, agriculture <br>residues, animal fats, or waste products that meets current American Society for <br>Testing and Materials specification D6751 for biodiesel fuel (B100) blend stock <br>distillate fuels; (5) "Biodiesel producer" means an entity that manufactures biodiesel at a location in this Commonwealth; (6) "Cellulosic ethanol" means ethyl alcohol for use as motor fuel that meets the current American Society for Testing and Materials specification D4806 for ethanol that is <br>produced from cellulosic biomass materials of any lignocellulosic or hemicellulosic <br>matter that is available on a renewable or recurring basis, including: <br>(a) Plant wastes from industrial processes such as sawdust and paper pulp; <br>(b) Energy crops grown specifically for fuel production such as switchgrass; or <br>(c) Agricultural plant residues such as corn stover, rice hulls, sugarcane, and cereal straws; (7) "Cellulosic ethanol producer" means an entity that uses cellulosic biomass materials to manufacture cellulosic ethanol at a location in this Commonwealth; (8) "Blended biodiesel" means a blend of biodiesel with petroleum diesel so that the percentage of biodiesel in the blend is at least two percent (2%) (B2 or greater); Page 2 of 2 (9) "Ethanol" means ethyl alcohol produced from corn, soybeans, or wheat for use as a motor fuel that meets the current American Society for Testing and Materials <br>specification D4806 for ethanol; (10) "Ethanol-based tax credits" means the cellulosic ethanol tax credit provided for in KRS 141.4244 and the ethanol tax credit provided for in KRS 141.4242; (11) "Ethanol producer" means an entity that uses corn, soybeans, or wheat to manufacture ethanol at a location in this Commonwealth; (12) "Renewable diesel" means a renewable, biodegradeable, non-ester combustible liquid that: <br>(a) Is derived from biomass resources as defined in KRS 152.715; and <br>(b) Meets the current American Society for Testing and Materials Specification D396 for fuel oils intended for use in various types of fuel-oil-burning <br>equipment; D975 for diesel fuel oils suitable for various types of diesel fuel <br>engines; or D1655 for aviation turbine fuels; and (13) "Renewable diesel producer" means an entity that manufactures renewable diesel at a location in this Commonwealth. Effective: August 30, 2007 <br>History: Amended 2007 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 20, effective August 30, 2007. -- Created 2005 Ky. Acts ch. 168, sec. 136, effective March 18, 2005. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that this section shall apply to tax years beginning on or after January 1, <br>2005.
Page 1 of 2 141.422 Definitions for KRS 141.422 to 141.425. As used in KRS 141.422 to 141.425: <br>(1) "Annual biodiesel and renewable diesel tax credit cap" means: (a) For calendar years beginning prior to January 1, 2008, one million five hundred thousand dollars ($1,500,000); (b) For the calendar year beginning on January 1, 2008, five million dollars ($5,000,000); and (c) For calendar years beginning on or after January 1, 2009, ten million dollars ($10,000,000); (2) "Annual cellulosic ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual cellulosic ethanol tax credit cap is modified pursuant to KRS <br>141.4248, in which case the cap established by KRS 141.4248 shall be the annual <br>cellulosic ethanol tax credit cap for that year. Any adjustments to the annual <br>cellulosic ethanol tax credit cap made pursuant to KRS 141.4248 shall be made on <br>an annual basis and shall not carry forward to subsequent years; (3) "Annual ethanol tax credit cap" means five million dollars ($5,000,000), unless the annual credit cap is modified pursuant to KRS 141.4248, in which case the cap <br>established by KRS 141.4248 shall be the annual ethanol tax credit cap for that <br>year. Any adjustments to the annual ethanol tax credit cap made pursuant to KRS <br>141.4248 shall be made on an annual basis and shall not carry forward to <br>subsequent years; (4) "Biodiesel" means a renewable, biodegradeable, mono alkyl ester combustible liquid that is derived from agriculture crops, agriculture plant oils, agriculture <br>residues, animal fats, or waste products that meets current American Society for <br>Testing and Materials specification D6751 for biodiesel fuel (B100) blend stock <br>distillate fuels; (5) "Biodiesel producer" means an entity that manufactures biodiesel at a location in this Commonwealth; (6) "Cellulosic ethanol" means ethyl alcohol for use as motor fuel that meets the current American Society for Testing and Materials specification D4806 for ethanol that is <br>produced from cellulosic biomass materials of any lignocellulosic or hemicellulosic <br>matter that is available on a renewable or recurring basis, including: <br>(a) Plant wastes from industrial processes such as sawdust and paper pulp; <br>(b) Energy crops grown specifically for fuel production such as switchgrass; or <br>(c) Agricultural plant residues such as corn stover, rice hulls, sugarcane, and cereal straws; (7) "Cellulosic ethanol producer" means an entity that uses cellulosic biomass materials to manufacture cellulosic ethanol at a location in this Commonwealth; (8) "Blended biodiesel" means a blend of biodiesel with petroleum diesel so that the percentage of biodiesel in the blend is at least two percent (2%) (B2 or greater); Page 2 of 2 (9) "Ethanol" means ethyl alcohol produced from corn, soybeans, or wheat for use as a motor fuel that meets the current American Society for Testing and Materials <br>specification D4806 for ethanol; (10) "Ethanol-based tax credits" means the cellulosic ethanol tax credit provided for in KRS 141.4244 and the ethanol tax credit provided for in KRS 141.4242; (11) "Ethanol producer" means an entity that uses corn, soybeans, or wheat to manufacture ethanol at a location in this Commonwealth; (12) "Renewable diesel" means a renewable, biodegradeable, non-ester combustible liquid that: <br>(a) Is derived from biomass resources as defined in KRS 152.715; and <br>(b) Meets the current American Society for Testing and Materials Specification D396 for fuel oils intended for use in various types of fuel-oil-burning <br>equipment; D975 for diesel fuel oils suitable for various types of diesel fuel <br>engines; or D1655 for aviation turbine fuels; and (13) "Renewable diesel producer" means an entity that manufactures renewable diesel at a location in this Commonwealth. Effective: August 30, 2007 <br>History: Amended 2007 (2d Extra. Sess.) Ky. Acts ch. 1, sec. 20, effective August 30, 2007. -- Created 2005 Ky. Acts ch. 168, sec. 136, effective March 18, 2005. Legislative Research Commission Note (3/18/2005). 2005 Ky. Acts ch. 168, sec. 165, provides that this section shall apply to tax years beginning on or after January 1, <br>2005.
