15-70-320. Exemption from special fuel tax.


     15-70-320. Exemption from special fuel tax. (1) Subject to the conditions of this section, a special biodiesel fuel producer is exempt from the special fuel tax imposed by 15-70-321 on biodiesel produced by the producer from waste vegetable oil feedstock.
     (2) This section does not apply to special fuel used for agricultural purposes pursuant to 15-70-362.
     (3) To qualify for the exemption under this section, the special biodiesel fuel producer shall:
     (a) register annually with the department; and
     (b) report on the amount of biodiesel produced and used by the producer in a calendar year by February 15 of the succeeding year.

     History: En. Sec. 1, Ch. 260, L. 2009.