BioFuels Security Act
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The BioFuels Security Act is a proposed legislative
Act of Congress An Act of Congress is a statute enacted by the United States Congress. Acts may apply only to individual entities (called private laws), or to the general public ( public laws). For a bill to become an act, the text must pass through both house ...
intended to phase out current single-fueled vehicles in favor of
flexible-fuel vehicle A flexible-fuel vehicle (FFV) or dual-fuel vehicle ( colloquially called a flex-fuel vehicle) is an alternative fuel vehicle with an internal combustion engine designed to run on more than one fuel, usually gasoline blended with either ethan ...
s. Under this proposal, contemporary single-fuel vehicles would cease production in 2016. GovTrack: S. 2817 [109th]: Text of Legislation
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Only a Bill

Senator Tom Harkin (on behalf of himself, and Senators Richard Lugar, Tim Johnson (U.S. Senator), Tim Johnson, Byron Dorgan, Joe Biden and Barack Obama), introduced this Bill (proposed law), bill (S. 2817/109th) on March 16, 2006. This bill is still under consideration.


Biofuels

The bill would also require major US gasoline companies to carry E-85 renewable fuel (85 percent
ethanol Ethanol (abbr. EtOH; also called ethyl alcohol, grain alcohol, drinking alcohol, or simply alcohol) is an organic compound. It is an alcohol with the chemical formula . Its formula can be also written as or (an ethyl group linked to a ...
), and for 50 percent of their gasoline stations to extend and increase the Renewable Fuel Standards (RFS). To assist in this increase in FFVs, all major gas companies would be required to have 50 percent ethanol distribution tanks equipped to all their facilities. Gasoline companies would receive
tax credit A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. It may also be a credit granted in recognition of taxes already paid or a form of state "dis ...
s for meeting the requirements of distributing and changing pumps to ethanol (an increase from a 30 percent reduction to that of a 50 percent reduction).


See also

* E85 and Biodiesel Access Act ( HR 6734)


References

{{reflist


External links


GovTrack S 2817Richard Lugar's Senate Website
United States proposed federal environmental legislation Biofuels Proposed legislation of the 109th United States Congress Proposed legislation of the 110th United States Congress