Senate File 497 - Introduced



                                       SENATE FILE       
                                       BY  COMMITTEE ON ECONOMIC
                                           GROWTH

                                       (SUCCESSOR TO SSB 1306)


    Passed Senate, Date               Passed House,  Date             
    Vote:  Ayes        Nays           Vote:  Ayes        Nays         
                 Approved                            

                                      A BILL FOR

  1 An Act creating an Iowa advanced renewable fuels technology
  2    commercialization program.
  3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
  4 TLSB 2626SV 82
  5 tm/gg/14

PAG LIN



  1  1    Section 1.  NEW SECTION.  15G.215A  INNOVATION PROJECT FOR
  1  2 COMMERCIALIZATION OF ADVANCED BIOREFINERY TECHNOLOGY.
  1  3    An innovation project for commercialization of advanced
  1  4 biorefinery technology is created.  The innovation project
  1  5 shall be administered by the department as provided in this
  1  6 section.
  1  7    1.  The purpose of the innovation project is to provide for
  1  8 the installation of advanced technology at a biorefinery in
  1  9 order to maximize the processing of biomass into biofuel and
  1 10 associated coproducts.
  1 11    a.  The installation of the advanced technology shall be
  1 12 used to demonstrate its development as a commercially feasible
  1 13 alternative to conventional technology used by biorefineries.
  1 14    b.  The advanced technology may address methods to maximize
  1 15 the value of feedstocks used to manufacture biofuel or
  1 16 associated coproducts, reduce costs associated with
  1 17 production, or minimize the effect upon natural resources,
  1 18 including water resources, used in production.
  1 19    2.  The department may issue requests for proposals and
  1 20 select qualified persons to participate in the innovation
  1 21 project based on the scoring of those proposals as required by
  1 22 the department.
  1 23    3.  An innovation project shall be financed by state
  1 24 appropriations and contributions from other persons.  The
  1 25 department may require as a condition to financing that it
  1 26 receive a contribution from another person.  The department
  1 27 may require that the contribution be in the form of money,
  1 28 services, material, or other in=kind contributions.
  1 29                           EXPLANATION
  1 30    This bill creates an innovation project for
  1 31 commercialization of advanced biorefinery technology to be
  1 32 administered by the department of economic development.
  1 33    The bill provides that the purpose of the project is to
  1 34 provide for the installation of advanced technology at a
  1 35 biorefinery in order to maximize the processing of biomass
  2  1 into biofuel and associated coproducts.  The bill allows the
  2  2 department to issue requests for proposals and select
  2  3 qualified persons to participate in the project based on the
  2  4 scoring of those proposals.  The bill provides that a project
  2  5 shall be financed by state appropriations and contributions
  2  6 from other persons.  The bill allows the department to require
  2  7 as a condition to financing that it receive a contribution
  2  8 from another person.
  2  9 LSB 2626SV 82
  2 10 tm:nh/gg/14