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House Bill 1261


House Bill 1261

ARCHIVE (2010)

Latest Information

 

DIGEST OF HB 1261 (Updated March 5, 2010 2:44 pm - DI 52)


Renewable energy. In the list of organic matter considered organic waste biomass for purposes of the definition of "renewable energy resources" in the utility generation and clean coal technology financial incentives statute (incentives statute), adds animal byproducts and algae and deletes organic waste from clean construction and demolition. Changes the name of the E85 fueling station grant program to the agricultural biomass infrastructure grant program (grant program). Provides that "biomass" as defined under the grant program applies in the directive to the Indiana state department of agriculture to administer economic development efforts for agriculture by facilitating the use of biomass. Adds certain definitions for purposes of the grant program, including a definition of "biomass" as agriculturally based sources of renewable energy (excluding waste from construction and demolition). Authorizes the department of agriculture to award grants from the agricultural biomass infrastructure grant fund for certain infrastructure used for the production or distribution of biofuels (fuels produced from biomass). Changes the definition of "qualified investment". Provides that grants for biofuels projects may be awarded for infrastructure expenses incurred after December 31, 2009. Provides that the amount of a grant for certain infrastructure used for the production or distribution of biofuels may not exceed the lesser of: (1) 50% of the recipient's qualified investment; or (2) $100,000. Makes related changes.
Current Status:
 Law Enacted
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