Ag groups support Michigan ethanol tax credit legislation

June 13, 2022 |

In Michigan, Brownfield Ag News reports that legislation in the state that would give gas station owners a tax credit for every gallon of ethanol sold has the support of the state’s agriculture groups.

Chuck Lippstreau with the Michigan Agri-Business Association tells Brownfield that Senate Bill 814 by Senator Kevin Daley is needed to help make higher blends of biofuels available in more places. “It’s not just important for rural businesses, it’s important for anybody who drives a car or truck in the state of Michigan because this bill would enhance access to clean-burning biofuels that, by the way, are cheaper at the pump.”

Lippstreau says the bill would give a commonsense incentive to fuel stations to invest in the tanks and pumps for higher biofuel blends knowing they can recover the cost with the tax credit.

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Category: Policy

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