| House Bill 2210 Detailed Summary |
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House Bill 2210, passed by the 74th Oregon Legislative Assembly and signed into law by Governor Kulongoski, provides a package of measures to encourage greater development, distribution and use of agricultural and forest material for biofuels, for electricity and for other forms of biomass energy use. The bill expands property tax incentives for biofuel and certain fuel additive production facilities, establishes a new tax credit for producers and collectors of biofuel raw materials, based on Btu content of feedstock, and creates an income tax credit for consumer use of biofuel.
House Bill 2210 also establishes a Renewable Fuel Standard for biodiesel and ethanol based on in-state production, prohibits the sale of gasoline that contains MTBE and certain other additives, provides a mandate on State agencies regarding biodiesel for backup power generation, modifies the site certificate exemption criteria for ethanol and biodiesel production facilities to preclude coal-fueled facilities, and allows certain farm biofuel production facilities on land zone for exclusive farm use (EFU).
This Administrative Rulemaking pertains only to the Biofuel Consumer Income Tax Credits in SECTIONS 26, 27 and 28. For consumer tax credits, the bill applies to purchase and use of qualified Oregon biofuel after January 1, 2007.
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