Idaho Legislative Update

[Revised 4/2/07]

Two biofuels-related bills have been signed into law in Idaho. Details at: www3.state.id.us/legislat/legtrack.html

· HB177 – Provides an income tax credit for capital investment in biofuel infrastructure. Passed the House 68-0-2 on Feb 27, and the Senate 26-8-1 on Mar 15. Effective Jul 1, sunsets Jan 1, 2012.

· HB150 – Rural Idaho Economic Development Biofuels Infrastructure Matching Grant Fund creates a 50/50 matching grant program for retail fuel dealers to invest in infrastructure projects dedicated to providing biofuels, with $2.3 million authorized over five years. The measure passed the House 69-1-0 on Feb 28, and the Senate 33-0-2 on Mar 16. Effective Jul 1, sunsets Jul 1, 2012.