Illinois SB0241 establishes a Renewable Fuels Infrastructure Program to fund equipment for higher ethanol and biodiesel blends.
Illinois SB0241 creates the Renewable Fuels Infrastructure Program, administered by the Department of Agriculture. It establishes the Renewable Fuels Infrastructure Fund, which receives $3,000,000 quarterly from the Underground Storage Tank Fund, provided the latter's balance exceeds $75,000,000. The fund finances grants for installing equipment to store and dispense higher ethanol and biodiesel blends. Eligible recipients include petroleum marketers and terminal operators, with a maximum grant of $1,000,000 per company. Public bodies are ineligible for funding.
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