In Minnesota, state legislators proposed H.F. 2456 and S.F. 2101 that would create a loan program for capital equipment for renewable chemicals and advanced biofuel as well as provide incentives for the production of those fuels and chemicals. The loan program would fall under the remit of the state agricultural commissioner. At least 80% of the feedstock used would have to come from Minnesota in order to qualify for the incentive program.
Category: Policy