Companies will need to replace a certain percentage of their petroleum with renewable fuels in order to be eligible for a new ethanol promotion tax credit. Companies that are not selling the amount defined in the standard will not be eligible for the per gallon income tax credits available as incentives. The schedule for the implementation of the thresholds, for retail dealers who sells more than 200,000 gallons motor fuel (includes gasoline and diesel), is as follows:
| Calendar Year 2009 |
(by 1/1/2010) |
10% of gasoline sold is from a renewable source |
| Calendar Year 2010 |
(by 1/1/2011) |
11% of gasoline sold is from a renewable source |
| Calendar Year 2011 |
(by 1/1/2012) |
12% of gasoline sold is from a renewable source |
| Calendar Year 2012 |
(by 1/1/2013) |
13% of gasoline sold is from a renewable source |
| Calendar Year 2013 |
(by 1/1/2014) |
14% of gasoline sold is from a renewable source |
| Calendar Year 2014 |
(by 1/1/2015) |
15% of gasoline sold is from a renewable source |
| Calendar Year 2015 |
(by 1/1/2016) |
17% of gasoline sold is from a renewable source |
| Calendar Year 2016 |
(by 1/1/2017) |
19% of gasoline sold is from a renewable source |
| Calendar Year 2017 |
(by 1/1/2018) |
21% of gasoline sold is from a renewable source |
| Calendar Year 2018 |
(by 1/1/2019) |
23% of gasoline sold is from a renewable source |
| Calendar Year 2019 |
(by 1/1/2020) |
25% of gasoline sold is from a renewable source |
| Calendar Year 2020 |
(by 1/1/2021) |
25% of gasoline sold is from a renewable source |
