A bill addressing payments to biodiesel producers was signed Friday by Governor Nixon.
A law currently on the books says that Missouri farmer-owned biodiesel plants and plants that use at least 80 percent Missouri-grown feedstocks are eligible for state-administered grants. If the money’s not appropriated, the producer is still eligible to receive the money for an additional two years.
The newly signed bill removes the two-year limitation and extends eligibility until the full amount is received.
The money is part of the Missouri Qualified Biodiesel Producer Incentive Fund, established in 2002 to encourage biodiesel production in Missouri.
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