Charcoal Producer Tax Credit

ENVIRONMENTAL TAX CREDITS 

1. Charcoal Producer Tax Credit as described in Section 135.313, RSMo. 

Purpose: 

Charcoal smoke contains chemicals that are toxic or carcinogenic. An afterburner 
can destroy the harmful chemicals. To provide an incentive to implement safe and 
efficient environmental controls, a tax credit award of up to 50% of the purchase 
price for best available control technology equipment was created. 

The credit was set to terminate 8 years after its inception (1998). The credit could be 
awarded for purchases of the equipment up until the end of 2005. Credits could be 
redeemed through 2012 because of the 7 year carry-forward provision built into the 
credit. 

The Department of Natural Resources certified the best available technology and the 
cost associated with building the environmental control device. The Department of 
Economic Development Awards the credits and the Department of Revenue redeems 
the credit.