HI HB563

Delays the ethanol facility tax credit eligibility start date to January 1, 2014, preventing claims prior to that date.

Changes the credit calculation from thirty percent of nameplate capacity to a per-gallon basis (specific rate not fully specified in amended text).

Removes the requirement that facilities operate at seventy-five percent of nameplate capacity on an annualized basis.

Removes the requirement that qualifying ethanol production facilities be in production by January 1, 2017.

Maintains the production range requirement of greater than 500,000 but less than 15 million gallons annually and the prohibition on claiming other tax credits in the same taxable year.