HB 1065-1_ Filed 02/19/2007, 11:00 Gutwein
PREVAILED Roll Call No. _______
FAILED Ayes _______
WITHDRAWN Noes _______
RULED OUT OF ORDER
HOUSE MOTION ____
I move that House Bill 1065 be amended to read as follows:
Delete the title and insert the following:
A BILL FOR AN ACT to amend the Indiana Code concerning
SOURCE: Page 1, line ; (07)MO106501.1. -->
Page 1, between the enacting clause and line, begin a new line and
SOURCE: IC 4-4-34; (07)MO106501.1. -->
"SECTION 1. IC 4-4-34 IS ADDED TO THE INDIANA CODE AS
CHAPTER TO READ AS FOLLOWS [EFFECTIVE JULY
Chapter 34. Biofuels Grant Program
Sec. 1. As used in this chapter, "biodiesel" has the meaning set
forth in IC 6-3.1-27-1.
Sec. 2. As used in this chapter, "biofuel" refers to any of the
(4) Blended biodiesel.
Sec. 3. As used in this chapter, "biofuel pump infrastructure"
means the following equipment and costs related to dispensing
biofuels to consumers for use in motor vehicles:
(2) Storage tanks.
(5) Other equipment or costs related to the installation of the
equipment described in subdivisions (1) through (4).
Sec. 4. As used in this chapter, "blended biodiesel" has the
meaning set forth in IC 6-3.1-27-2.
Sec. 5. As used in this chapter, "ethanol" means agriculturally
derived ethyl alcohol.
Sec. 6. As used in this chapter, "E85" has the meaning set forth
in IC 6-6-1.1-103(s).
Sec. 7. As used in this chapter, "fund" refers to the biofuels
grant fund established by section 9 of this chapter.
Sec. 8. As used in this chapter, "motor vehicle" has the meaning
set forth in IC 6-6-1.1-103(h).
Sec. 9. (a) The biofuels grant fund is established within the state
treasury to provide money for the development of biofuel pump
infrastructure in Indiana.
(b) The fund consists of:
(1) appropriations from the general assembly; and
(2) allocations, grants, or gifts from the federal government.
(c) The office of the lieutenant governor shall administer the
fund. The following may be paid from money in the fund:
(1) Expenses of administering the fund.
(2) Nonrecurring administrative expenses incurred to carry
out the purposes of this chapter.
(d) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds are invested. Interest that accrues
from these investments must be deposited in the state general fund.
(e) Money in the fund at the end of a state fiscal year does not
revert to the state general fund.
Sec. 10. Subject to the availability of money in the fund, the
office of the lieutenant governor may award grants from the fund
to applicants seeking financial assistance with the acquisition,
modification, retrofitting, or installation of biofuel pump
infrastructure in Indiana.
Sec. 11. (a) An entity that operates or intends to operate a
biofuel pump in Indiana in connection with the entity's trade or
business may apply for a grant under this chapter.
(b) To be eligible for a grant under this chapter, an applicant
(1) submit an application in the form prescribed by the office
of the lieutenant governor;
(2) demonstrate that the applicant is acquiring, modifying,
retrofitting, or installing biofuel pump infrastructure in
(3) provide any other information that the office of the
lieutenant governor reasonably requires.
Renumber all SECTIONS consecutively.
(Reference is to HB 1065 as printed February 16, 2007.)
MO106501/DI 116 2007