| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Alternative and renewable energy |
Tax concessions |
Energy |
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Environment related objective
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To provide renewable energy tax credits
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Iowa: Renewable Energy Tax Credit
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Recipients include a producer or purchaser of energy from an eligible renewable energy facility approved by the Iowa Utilities Board. A power purchase agreement is signed between the purchaser and producer which sets forth which party will receive the tax credit.
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Type of measure
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Tax credit
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ICS - HS Code
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Subsidy amount
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Participants in the program receive Renewable Energy Tax Credits equal to $0.015 per kilowatt-hour of electricity, or $4.50 per million British thermal units of heat for a commercial purpose, or $4.50 per million British thermal units of methane gas or other biogas used to generate electricity, or $1.44 per one thousand standard cubic feet of hydrogen fuel generated by and purchased from an eligible renewable energy facility.
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Implementation period
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Ongoing. (Limited to facilities placed in service between 7/1/05 and 1/1/18.)
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Alternative and renewable energy |
Tax concessions |
Energy |
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Environment related objective
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To promote solar energy infrastructure
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Iowa: Iowa Solar Energy System Tax Credit
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Recipients are qualifying installations of solar energy infrastructure.
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Type of measure
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Tax credit
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ICS - HS Code
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Subsidy amount
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The tax credit for installations that occur after January 1, 2016 is equal to 50% of the federal credit, up to $20,000.
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Implementation period
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Ongoing
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Alternative and renewable energy |
Tax concessions |
Energy |
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Environment related objective
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To provide support to facilities that produce electricity from wind
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Iowa: Wind Energy Production Tax Credit
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Recipients own a "qualified facility," defined as a facility the produces electricity from wind that is located in Iowa, was originally placed in service on or after July 1, 2005, but before July 1, 2012, and is approved by the local board of supervisors and the Iowa Utilities Board.
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Type of measure
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Tax credit
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ICS - HS Code
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Subsidy amount
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The credit is equal to $0.01 per kilowatt-hour of electricity sold or generated for on-site consumption. Credits are available for a ten- year period from the initial in-service date of the facility.
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Implementation period
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Ongoing
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Waste management and recycling |
Tax concessions |
Other |
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Environment related objective
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To provide tax credits for major recycling projects
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Major Recycling Project Tax Credit (KRS 141.390):
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Recipients are "major recycling projects" where the taxpayer: 1) invests more than $10,000,000 in recycling or composting equipment; 2) has 750 or more full-time employees and pays more than 300% of the federal minimum wage; and 3) has plant and equipment with a total cost of over $500,000,000.
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Type of measure
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Tax credit
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ICS - HS Code
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Subsidy amount
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In each taxable year, the amount of credits claimed for all major recycling projects is limited to 1) 50% of the excess of the total of each tax liability over the baseline tax liability of the taxpayer; or 2) $2,500,000, whichever is less.
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Implementation period
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Ongoing
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Waste management and recycling |
Tax concessions |
Other |
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Environment related objective
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To provide tax credit for equipment used to recycle or compost waster materials
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Recycling Equipment Credit
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Income tax credits are allowed for up to 50% of the installed costs of equipment used exclusively to recycle or compost postconsumer waste (excluding secondary and demolition wastes) and for machinery used exclusively to manufacture products composed substantially of postconsumer waste materials.
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Type of measure
|
Tax credit
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ICS - HS Code
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Subsidy amount
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For the year the equipment is purchased, the credit is limited to 10% of total credit allowed and 25% of the taxpayer's state income tax liability. The unused portion of the total allowable recycling credits can be carried forward to succeeding tax years, with the credit claimed during any tax year limited to 25% of the taxpayer's state income tax liability.
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Implementation period
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Ongoing
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Alternative and renewable energy |
Tax concessions |
Energy |
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Environment related objective
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To provide tax incentives to producers of alternate and renewable energy
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Incentives for Energy Independence Act (IEIA) (as of 7/1/2021, this program is called the "Incentives for Energy-Related Business Act")
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Recipients include gasification, alternative energy, or renewable energy facilities including natural gas. The program requires a capital investment of at least $25 million for an alternative fuel facility using biomass, or an investment of at least $100 million for an alternative fuel facility using coal, as its primary feedstock. A capital investment of at least $1 million is required for a renewable power facility that meets minimum electric output standards based upon the power source. As of 7/1/2021, recipients include facilities where the mining of cryptocurrency occurs, with a minimum $1 million capital investment.
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Type of measure
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Tax rebate and other tax incentives
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ICS - HS Code
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Subsidy amount
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Negotiated incentives cannot exceed 50% of the capital expenditures. The program provides reimbursement of sales and use taxes paid on tangible personal property; an income tax credit; and, wage assessment incentives up to 4% of gross wages of each employee whose job was created as part of the project.
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Implementation period
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Ongoing. This program sunset in 2019, but restarts as the "Incentives for Energy-Related Business Act" in July 2021.
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Environmental goods and services promotion |
Grants and direct payments |
Manufacturing, Other |
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Environment related objective
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To incentivise companies in the fields of environmental and energy technologies located in rural areas
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Kentucky Rural Innovation Program
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Recipients include small, innovative companies in the fields of (...) environmental and energy technologies, health and human development, (...) located in rural areas of the state
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Type of measure
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Seed stage capital grants and investments
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ICS - HS Code
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Subsidy amount
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The program provides up to $30,000 in grants, and up to $100,000 in investments
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Implementation period
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Ongoing. As of 7/1/2021, the Rural Innovation Program will be suspended and all funds will be transferred to the Kentucky Enterprise Fund.
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
Environmental goods and services promotion |
Grants and direct payments |
Manufacturing, Other |
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Environment related objective
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To incentivise companies in the fields of environmental and energy technologies
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Measure description
|
Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Kentucky Enterprise Fund
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Recipients include small, innovative companies in the fields of (...) environmental and energy technologies, (...)
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Type of measure
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Seed stage capital grants and investments
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ICS - HS Code
|
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Subsidy amount
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The program provides up to $30,000 in grants, and up to $750,000 in investments. As of 7/1/2021, no company can receive more than $500,000 in investments
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Implementation period
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Ongoing
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Keywords
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| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
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Other support measures, Tax concessions |
Energy, Manufacturing |
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Environment related objective
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To incentivise businesses in the fields of alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines.
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Kentucky Business Investment (KBI)
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Recipients are eligible Kentucky companies engaged in manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines.
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Type of measure
|
Wage assessments and tax credits
|
ICS - HS Code
|
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Subsidy amount
|
The amounts vary
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Implementation period
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Ongoing
|
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Keywords
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|
|
| Subsidies and Countervailing Measures |
G/SCM/N/401/USA |
United States of America |
2023 |
|
Tax concessions |
Energy, Manufacturing |
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Environment related objective
|
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To incentivise businesses in the fields of alternative fuel, gasification, energy-efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines.
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Measure description
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Coverage of the measure
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Sub–Federal Level Programs: Kentucky: Kentucky Enterprise Initiative Act (KEIA)
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Recipients are eligible Kentucky companies engaged in Manufacturing, non-retail service or technology activities, agribusiness, headquarters operations, tourism operations, alternative fuel, gasification, energy efficient alternative fuels, renewable energy production, or carbon dioxide transmission pipelines in Kentucky.
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Type of measure
|
Sales tax refunds
|
ICS - HS Code
|
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Subsidy amount
|
Amounts vary
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Implementation period
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Ongoing
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Keywords
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