SB 147
Allows Missouri Qualified Biodiesel Producer Incentive Fund to be subject to appropriations
LR Number:
Last Action:
4/19/2005 - Voted Do Pass H Agriculture Policy Committee
Journal Page:
SCS SB 147
Calendar Position:
Effective Date:
August 28, 2005

Current Bill Summary

SCS/SB 147 - This act pertains to the Missouri qualified biodiesel producer incentive fund.

The act modifies the eligibility of producers for grants available from the fund. Current law states that producers are eligible for a total of sixty months. The act states that the producer may still be eligible for an additional twenty-four months, or until the full amount of funding is received, if the original appropriation was not fully met.

This act authorizes an additional ten cents per gallon for the next fifteen million gallons of qualified biodiesel produced from Missouri agricultural products is available for eligible producers. A producer's grant amount in a fiscal year is limited to thirty cents per gallon for the first fifteen million gallons of qualified biodiesel. The limit of biodiesel produced that cannot be applied to the computation of a grant has been raised from any amount in excess of fifteen gallons, to any amount in excess of thirty million gallons.

This act removes language that subjects the fund to "appropriations with funds other than general revenue funds". With this draft, the fund is simply "subject to appropriation".