House Amendment 8595 PAG LIN 1 1 Amend the Senate amendment, H=8586, to House File 1 2 2759, as amended, passed, and reprinted by the House, 1 3 as follows: 1 4 #1. Page 1, line 43, by inserting before the word 1 5 <Up> the following: <The renewable fuel 1 6 infrastructure board may also allocate any amount of 1 7 moneys appropriated pursuant to section 455G.3A to 1 8 support the biorefinery technology projects program as 1 9 provided in section 15G.120.> 1 10 #2. Page 2, by inserting after line 12 the 1 11 following: 1 12 <Sec. . NEW SECTION. 15G.120 BIOREFINERY 1 13 TECHNOLOGY PROJECTS PROGRAM. 1 14 A biorefinery technology projects program is 1 15 established in order to assist persons engaged in the 1 16 research, development, and commercialization of 1 17 integrated biorefinery technology projects. As 1 18 determined by the renewable fuel infrastructure board, 1 19 a project must further the production of liquid 1 20 renewable fuels and other high=value coproducts that 1 21 use nonfood agricultural crops as biofuel stock. 1 22 1. An application for an integrated biorefinery 1 23 technology project must be filed with the department 1 24 as required by the department and must at a minimum 1 25 include all of the following: 1 26 a. A business plan that demonstrates managerial 1 27 and technical expertise. 1 28 b. A fundraising plan that demonstrates private 1 29 investment contributions and possible federal 1 30 government contributions. 1 31 c. The probability of the future creation of new 1 32 high=quality jobs. 1 33 d. The probability of improvements to the 1 34 environment. 1 35 e. The probability of reductions in fossil fuel 1 36 use. 1 37 f. The use of research or technology developed in 1 38 this state by a college, university, business, or 1 39 governmental agency. 1 40 g. The potential for further technological 1 41 development in this state. 1 42 h. The feasibility that a proposed biorefinery 1 43 will remain a viable enterprise in the state. 1 44 i. Any other component that the Iowa economic 1 45 development board determines to be reasonable and 1 46 necessary to promote the viability of the project and 1 47 further the public interest. 1 48 2. The renewable fuel infrastructure board may 1 49 establish terms and conditions for the allocation of 1 50 the moneys.> 2 1 #3. By renumbering as necessary. 2 2 2 3 2 4 2 5 HOGG of Linn 2 6 HF 2759.304 81 2 7 da/cf/5576 -1-