Tex.
Agric. Code Section 16.006
Fuel Ethanol, Renewable Methane, Biodiesel, and Renewable Diesel Grants
(a)
The office, after consultation with the department, shall make grants to producers as an incentive for the development of the fuel ethanol, renewable methane, biodiesel, and renewable diesel industry and agricultural production in this state.(b)
A producer is entitled to receive from the account 20 cents for each gallon of fuel ethanol or MMBtu of renewable methane and 10 cents for each gallon of biodiesel produced in each registered plant operated by the producer until the 10th anniversary of the date production from the plant begins.(b)
A producer is entitled to receive from the account 20 cents for each gallon of fuel ethanol, biodiesel, or renewable diesel produced in each registered plant operated by the producer until the 10th anniversary of the date production from the plant begins. The incentive under this subsection is payable only on that part of each gallon of fuel produced from renewable resources.(c)
For each fiscal year a producer may not receive grants for more than 18 million gallons of fuel ethanol, biodiesel, or renewable diesel or MMBtu of renewable methane produced at any one registered plant.(d)
The office by rule shall provide for the distribution of grant funds under this chapter to producers. The office shall make grants not less often than quarterly.(e)
If the office determines that the amount of money credited to the account is not sufficient to distribute the full amount of grant funds to eligible producers as provided by this chapter for a fiscal year, the office shall proportionately reduce the amount of each grant for each gallon of fuel ethanol, biodiesel, or renewable diesel or each MMBtu of renewable methane produced as necessary to continue the incentive program during the remainder of the fiscal year.
Source:
Section 16.006 — Fuel Ethanol, Renewable Methane, Biodiesel, and Renewable Diesel Grants, https://statutes.capitol.texas.gov/Docs/AG/htm/AG.16.htm#16.006 (accessed May 4, 2024).
