- Perfected -

SS/SCS/SBs 837, 866, 972 & 990 - This act allows tax credits from the Agricultural Product Utilization Contributor Tax Credit or the New Generation Cooperative Incentive Tax Credit to be claimed either as a credit against the tax or the estimated quarterly tax. This act allows available tax credits to include "eligible new generation processing entities".

This act creates the "Missouri Qualified Biodiesel Producer Incentive Fund", which provides incentives for qualified biodiesel producers.

This act removes Section 414.032, RSMo, from current law. This section is related to sellers labeling fuels at the gas pump.

This act also allows the Missouri Qualified Fuel Ethanol Producer Incentive Fund to be administered on a fiscal year. If ethanol producers fail to receive all grants earned during the 60 consecutive month period of qualification due to lack of appropriations, they shall receive the full amount from the fund for which they were eligible. Producers shall continue to be eligible for up to 24 additional months or until they have received the maximum amount of funding that they were eligible for during the original 60-month period.

SARAH MORROW