HB1462 - Extends the eligibility timeframe to receive payments from the Missouri Qualified Biodiesel Producer Incentive Fund for lack of appropriations

HB 1462

Extends the eligibility timeframe to receive payments from the Missouri Qualified Biodiesel Producer Incentive Fund for lack of appropriations

Sponsor:	Munzlinger
LR Number:	5483H.02T	Fiscal Note available
Committee:	Agriculture, Food Production and Outdoor Resources
Last Action:	7/5/2012 - Signed by Governor	Journal Page:
Title:	HCS#2 HB 1462	Calendar Position:
Effective Date:	August 28, 2012
House Handler:	Cauthorn

List of 2012 Senate Bills

Current Bill Summary

HCS#2/HB 1462 - Under current law, a producer is eligible to receive payments from the Missouri Qualified Biodiesel Producer Incentive Fund for 60 months unless it fails to receive the full amount due to a lack of appropriations, in which case it is eligible for up to 24 additional months. This act removes the 24-month limitation and allows a producer's eligibility to receive payments to continue indefinitely until the full amount has been received.

ERIKA JAQUES