Tuesday, August 05, 2003

From the National Biodiesel Board monthly bulletin:

The National Biodiesel Board (NBB) last week presented the Illinois Soybean Association (ISA) with the National Energy Leadership Award at its meeting in Washington, D.C.

ISA and its farmer leaders were instrumental in passing groundbreaking state legislation this year. The bill, signed by the governor in June, will exempt biodiesel blends over 10% from state sales tax, which will make it much more cost competitive or even less expensive than petroleum diesel. It also gives a partial sales tax credit on blends below B10.

Rebecca Richardson, director of operations for ISA, and Darryl Brinkmann, a farmer leader from Illinois, accepted the award.

“Illinois farmer leaders, Rebecca, and other staff members have made a momentous difference in the biodiesel industry by pulling out all the stops to get this legislation through,” said Joe Jobe, NBB executive director. “They have created a model for other states to follow while positioning Illinois to be a leading state in both biodiesel use and production.”

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