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Senate Bill 0270

Senate Bill 0270

ARCHIVE (2007)

Latest Information

DIGEST OF SB 270 (Updated April 28, 2007 4:15 pm - DI 114)

Flexible fuel vehicle incentives. Increases the amount of the additional sales tax allowance for sales tax collected on the sale of E85 from $0.10 per gallon to $0.18 per gallon. Reduces the maximum amount of increased allowances that may be allowed from $2,000,000 to $1,000,000. Extends the period of time in which the additional E85 allowance may be claimed. Provides a monthly incentive payment to a political subdivision if 75% of the fuel used in the political subdivision's E85 compatible motor vehicles is E85. Establishes an E85 fueling station grant program. Appropriates $1,000,000 to the department of agriculture for the grant program.
    Current Status:
    Law Enacted
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