Introduced by Representatives Darrow of Dummerston and Deen of Westminster
Subject: Biodiesel fuel incentives
Statement of purpose: This bill proposes to exempt from the diesel fuel tax, and from the sales tax, fuel containing 100 percent biodiesel fuel.
AN ACT RELATING TO BIODIESEL FUEL TAX EXEMPTION
It is hereby enacted by the General Assembly of the State of Vermont:
Sec. 1. 23 V.S.A. § 3002(4) is amended and (11) is added to read:
(4) “Fuel” means clear diesel fuel that has not been dyed in accordance with 26 U.S.C. § 4082 or section 211(I) of the Clean Air Act and any blend of undyed diesel and other fuel used or suitable for use for the generation of power to propel motor vehicles, but not including biodiesel fuel;
(11) “Biodiesel fuel” means a diesel fuel blend containing 100 percent renewable, biodegradable, mono alkyl ester combustible liquid fuel derived from plant or animal matter that meets current American Society for Testing and Materials Specification D6751-02 for Biodiesel Fuel (B100).
Sec. 2. 32 V.S.A. § 9741(48) is added to read:
Retail sales and use of the following shall be exempt from the tax on retail sales imposed under section 9771 of this title and the use tax imposed under section 9773 of this title.
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(48) Sales of biodiesel fuel as defined in 23 V.S.A. § 3002(11).
Sec. 3. EFFECTIVE DATE
This act shall apply to purchases on and after July 1, 2005.
The Vermont General Assembly
115 State Street