Bill Status of HB0485 95th General Assembly
Short Description: E85 MARKET EXPANSION PROGRAM
Rep. Donald L. Moffitt - Sidney H. Mathias - Mike Boland - Paul D. Froehlich - Michael K. Smith, Karen May, Gary Hannig, Jack D. Franks, Jack McGuire, Patrick J Verschoore, Daniel V. Beiser, Linda Chapa LaVia, Ron Stephens, Raymond Poe, Ed Sullivan, Jr., Sandra M. Pihos and Sandy Cole
|Session Sine Die
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the Illinois Renewable Fuels Development Program Act and the State Finance Act. Provides that the Department of Commerce and Economic Opportunity shall create and operate an E85 Market Expansion Program that provides debit cards, credit cards, E85 coupons, or some other form of negotiable instrument as determined by the Department for $500 in credit towards the purchase price of E85 fuel purchased within Illinois. Requires program applicants to have purchased a new flexible fuel vehicle within the 12-month period prior to submitting the application to be eligible for the Program. Provides that only one Program grant shall be made to the owner of any vehicle during the life of that vehicle. Creates the E85 Market Expansion Fund. Makes other changes. Effective immediately.