Introduced by Rep. Barb Byrum (D) on May 8, 2007, to authorize a refundable income tax of $5 per dry ton, up to $25,000 annually, for a taxpayer who collects, handles, packages, sorts, prepares, dries, densifies, or stores biomass to deliver or release to conversion facilities that process or convert it into biofuels, bioenergy, or bioproducts. “Biomass" is defined as any renewable organic matter including agricultural crops, certain trees and grasses, plants, wood residues, forest industry residues and wastes, food processing wastes, municipal solid wastes, and agricultural residues and wastes such as cornstalks, corncobs, and manure.
Referred to the House Agriculture Committee on May 8, 2007.
1) Biomass by Anonymous Citizen on May 10, 2007 This is the future of all our fuels. The perfect circle. Now if we can just turn it safely in to an ethynol based fuel..... Reply
2) 2007 House Bill 4727 (Authorize biomass income tax credit ) by admin on January 1, 2001 Introduced in the House on May 8, 2007