OLR Bill Analysis

sSB 372

AN ACT CONCERNING GRANTS FOR BIODIESEL PRODUCERS AND DISTRIBUTORS.

SUMMARY:

This bill reduces the threshold biodiesel producers and distributors must meet to be eligible to receive grants from the Connecticut Qualified Biodiesel Producer Incentive Account.

To qualify for grants under current law, biodiesel producers must be actively engaged in producing, and biodiesel distributors must be actively engaged in storing and distributing, biodiesel in Connecticut for commercial purposes. Under the bill, producers and distributors need only be actively committed to these activities to qualify.

The law, unchanged by the bill, also requires producers and distributors to be registered with, and domiciled in, the state to qualify for the grants.

EFFECTIVE DATES: Upon passage

BACKGROUND

Legislative History

The Senate referred the bill (File 28) to the Appropriations Committee, which reported a substitute that eliminates provisions (1) expanding tax exemptions for certain blends of biodiesel fuel, (2) creating an income tax credit for state residents who buy certain biodiesel blends for residential use, and (3) appropriating more than $ 8 million for biodiesel and motor fuel programs.

COMMITTEE ACTION

Environment Committee

Joint Favorable Substitute

Appropriations Committee

Joint Favorable Substitute