House Journal: Page 1473: Monday, April 28, 2003
Drake of Pottawattamie offered the following amendment H-1492
filed by him from the floor and moved its adoption:
H-1492
1 Amend House File 688 as follows:
2 1. By striking everything after the enacting
3 clause and inserting the following:
4 "Section 1. NEW SECTION. 15E.110 DEFINITIONS.
5 As used in this division, unless the context
6 otherwise requires:
7 1. "Biodiesel stock" means a fuel stock comprised
8 of mon-alkyl esters which may be derived from soybean
9 oil and which is used to produce biodiesel-blended
10 fuel and meets requirements of the American society
11 for testing and materials.
12 2. "Biodiesel-blended fuel" means the same as
13 defined in section 159A.2.
14 3. "Special fuel" means the same as defined in
15 section 452A.2.
16 Sec. 2. NEW SECTION. 15E.113 BIODIESEL EQUIPMENT
17 ACQUISITION PROGRAM.
18 1. The department shall establish a biodiesel
19 equipment acquisition program. The department shall
20 provide financing to eligible persons for the
21 acquisition of equipment to produce and store
22 biodiesel-blended fuel for sale. Equipment includes
23 but is not limited to storage tanks, related devices,
24 and machinery required to compound or blend biodiesel-
25 blended fuel, including by splash blending or
26 injection of biodiesel stock with petroleum-based
27 diesel fuel. The department may provide financing to
28 an eligible person who acquires equipment for redesign
29 planning required to satisfy fire hazard prevention or
30 environmental protection standards promulgated by this
31 state or the federal government.
32 2. The department may provide financing to an
33 eligible person upon review and evaluation of the
34 person's application according to procedures adopted
35 by the department. Financing shall be awarded on a
36 cost-share basis. The eligible person must be one of
37 the following:
38 a. A marine or pipeline terminal. The amount of
39 the financing shall not exceed forty percent of the
40 cost of acquiring the equipment and redesign planning
41 as estimated by the department or forty percent of the
42 actual cost of acquiring the equipment and redesign
43 planning, whichever is less. However, the marine or
44 pipeline terminal shall not receive more than fifty
45 thousand dollars in financing for the acquisition of
© 2003 Cornell College and
League of Women Voters of Iowa
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