(at the request of House Interim Committee on Sustainability and Economic Development)
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Regular Sponsors:
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Bill Title:
Relating to energy; prescribing an effective date.
Catchline/Summary:
Exempts from fuel excise tax, from January 1, 2012, to January 2, 2018, diesel fuel blended with minimum of 20 percent biodiesel derived from used cooking oil.Creates income tax credit for sale of biodiesel blends.]
Applies to tax years beginning on or after January 1, 2011.]
Exempts from fuel excise tax, from January 1, 2012, to January 2, 2018, diesel fuel blended with minimum of 20 percent biodiesel derived from used cooking oil. Creates exception.
Takes effect on 91st day following adjournment sine die.
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HB 2196 Joint Committee On Ways and Means
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