The Digest’s 2025 Multi-Slide Guide to the National Ag-based Biomanufacturing Incentive

NCGA supports the National Ag-based Biomanufacturing Incentive to boost domestic manufacturing by converting renewable U.S. feedstock into high-value non-fuel/non-food products. It proposes tax credits (30% ITC or $0.10/lb PTC) to enhance investment and stabilize against commodity price swings. Credits are transferable via Section 6418. The goal is to create demand for expanding corn supply, leveraging state incentives, potentially adding 2-3 facilities annually.