- BioFuels Security Act
The BioFuels Security Act is a proposed legislative
Act of Congress intended to phase out current single-fueled vehicles in favor offlexible-fuel vehicle s. Under this proposal, contemporary single-fuel vehicles would cease production in 2016. [ [http://www.govtrack.us/congress/billtext.xpd?bill=s109-2817 GovTrack: S. 2817 [109th: Text of Legislation ] ]Only a Bill
Senator
Tom Harkin (on behalf of himself, and SenatorsDick Lugar , Tim Johnson,Byron Dorgan ,Joe Biden andBarack Obama ) , introduced this Bill (S. 2817/109th) on Tuesday, March 16, 2006. This bill is still under consideration [http://www.govtrack.us/congress/bill.xpd?bill=s109-2817] .Biofuels
The bill would also require major US gasoline companies to carry E-85 renewable fuel (85% ethanol), and for 50% 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% ethanol distribution tanks equipped to all their facilities.
Tax credit would be given to gasoline companies for meeting the requirements of distributing and changing pumps to ethanol (an increase from a 30% reduction to that of a 50% reduction) [ [http://www.govtrack.us/congress/billtext.xpd?bill=s109-2817 GovTrack: S. 2817 [109th: Text of Legislation ] ] .See also
*
E85 and Biodiesel Access Act (H.R . 6734)Sources
* [http://www.govtrack.us/congress/billtext.xpd?bill=s109-2817 GovTrack S 2817]
* [http://lugar.senate.gov/pressapp/record.cfm?id=255709 Richard Lugar's Senate Website ]References
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