Modifies provisions relating to the biodiesel blend fuel seller tax credits

HB 1632 creates tax credits for Missouri retailers and distributors selling biodiesel blends (5-20% biodiesel mixed with diesel fuel). It provides a 2-cent-per-gallon credit for blends of 5-10% biodiesel and a 5-cent-per-gallon credit for blends of 10-20% biodiesel sold at retail service stations or to final users within Missouri. The credits apply to tax years beginning in 2023 or later, with a total annual cap of $16 million and a sunset provision ending the program on December 31, 2028, unless reauthorized. This bill directly affects fuel sellers who meet the blend specifications defined in the law.