Introduced
by
To extend a lapsed tax-break subsidy on the sale of biodiesel and E-85 ethanol fuels. Under the <a href="http://www.michiganvotes.org/2006-SB-1074">2006 law that authorized the tax subsidy</a>, the motor fuel tax on these fuels is 3-cents lower than other fuels as long as the legislature reimburses the forgone transportation budget money from the state general fund. The legislature did not do that in 2007, so the tax break ended on Jan. 1, 2008. This bill and Senate Bill 1074 would reinstate it for 2008.
Referred to the Committee on Transportation
