HB 153 -- ETHANOL PRODUCER INCENTIVE FUND

This bill extends the Ethanol Producer Incentive Fund expiration
date from December 31, 2000, to December 31, 2007.

HB 153 -- ETHANOL PRODUCER INCENTIVE FUND (Leake)

This bill extends the Ethanol Producer Incentive Fund expiration
date from December 31, 2000, to December 31, 2007.

FISCAL NOTE:  Cost to Missouri Ethanol Producers Incentive Fund
is $0 for FY 2000, $3,125,000 for FY 2001, and $6,250,000 in FY
2002.

HB 153 -- ETHANOL PRODUCER INCENTIVE FUND

CO-SPONSORS:  Leake, Wiggins, Clayton, Overschmidt, Relford, Gaw

COMMITTEE ACTION:  Voted "do pass" by the Committee on
Agriculture by a vote of 22 to 0.

This bill extends the Ethanol Producer Incentive Fund expiration
date from December 31, 2000, to December 31, 2007.

FISCAL NOTE:  Cost to Missouri Ethanol Producers Incentive Fund
of $0 in FY 2000, $3,125,000 in FY 2001, and $6,250,000 in FY
2002.

PROPONENTS:  Supporters say that two value-added cooperatives
have been formed in Missouri to build ethanol production
plants.  The Missouri Qualified Fuel Ethanol Production Fund is
key to the success of the projects.

Testifying for the bill were Representative Leake; Office of the
Governor; Missouri Corn Growers Association; Missouri Cattlemens
Association; and Missouri Farm Bureau.

OPPONENTS:  There was no opposition voiced to the committee.

Roland Tackett, Legislative Analyst

HB 153 -- Ethanol Producer Incentive Fund

Co-Sponsors:  Leake, Wiggins, Clayton, Overschmidt, Relford, Gaw

This bill extends the Ethanol Producer Incentive Fund expiration
date from December 31, 2000, to December 31, 2007.