Indiana Senate OKs Clean Energy Bill

Legislation would expand tax credits on the production and use of Indiana grain-based fuels and provide incentives for clean coal gasification plants.

Published: 09-Mar-2005

March 8 -- The Indiana Senate has passed clean energy legislation that would expand tax credits passed during the 2003 legislative session on the production and use of Indiana grain-based fuels and provides additional incentives for clean coal gasification plants.

The bill, which now has been referred to the House, also would provide an additional $3 million, through tax breaks, to encourage biodiesel production. The money would be divided into $1 million sections for the refineries, wholesalers and blenders, and service stations that carry the fuel.

"There have been 20 biodiesel production plants proposed across the nation, but none of these have been in Indiana, even though there are 24 biodiesel retailers here," said Sen. Brandt Hershman, a Republican, who co-authored the bill.

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