ND SB2034

Creates definition of "green diesel" as fuel produced from nonfossil renewable resources including agricultural/silvicultural plants, animal fats, and waste from production/processing of agricultural products, meeting American Society for Testing and Materials specifications.

Expands the Biofuel Partnership in Assisting Community Expansion Fund to include green diesel production facilities alongside existing biodiesel and ethanol facilities, with maximum interest rate buydown of $500,000 per facility.

Extends income tax credits for biodiesel blending and equipment costs to also apply to green diesel fuel suppliers and sellers, providing credits of 5 cents per gallon for blending and 10 percent per year for five years for equipment costs.

Adds green diesel production facilities and equipment to corporate income tax credit eligibility under the same terms as biodiesel facilities, allowing 10 percent annual credits for five years on direct costs.

Includes green diesel in definitions of alternative fuels across multiple statutory sections covering energy development, petroleum products regulation, and renewable energy policy.