Key: (1) language to be deleted (2) new language
Laws of Minnesota 1987
CHAPTER 390-H.F.No. 777
An act relating to motor fuels; trade practices;
extending the expiration of the ethanol development
fund to the year 2000; appropriating money for
promoting ethanol; amending Minnesota Statutes 1986,
section 41A.09, subdivisions 3 and 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1. Minnesota Statutes 1986, section 41A.09,
subdivision 3, is amended to read:
Subd. 3. [PAYMENTS FROM FUND.] The commissioner of revenue
shall make cash payments from the development fund to producers
of ethanol or agricultural grade alcohol, for use as a motor
fuel, located in the state. The amount of the payment for each
producer's annual production shall be as follows:
(a) For each gallon of ethanol produced:
(1) For the period beginning July 1, 1986 and ending June
30, 1987, 15 cents per gallon;
(2) For the period beginning July 1, 1987 and ending June
30, 1992 2000, 20 cents per gallon.
(b) For each gallon produced of agricultural grade alcohol
of a purity of at least 50 percent but not more than 90 percent
and designed to be used in conjunction with diesel fuel in an
engine's internal combustion process, for the period beginning
July 1, 1987 and ending June 30, 1992 2000, 11 cents per gallon.
The total payments from the fund to all producers may not
exceed $200,000 during the period beginning July 1, 1986 and
ending June 30, 1987, and may not exceed $10,000,000 in any
fiscal year during the period beginning July 1, 1987 and ending
June 30, 1992 2000. Total payments to any producer from the
fund in any fiscal year may not exceed $3,000,000.
By the last day of October, January, April, and July, each
producer shall file a claim for payment for production during
the preceding three calendar months. The volume of production
must be verified by a certified financial audit performed by an
independent certified public accountant using generally accepted
accounting procedures.
Payments shall be made November 15, February 15, May 15,
and August 15.
Sec. 2. Minnesota Statutes 1986, section 41A.09,
subdivision 5, is amended to read:
Subd. 5. [EXPIRATION.] This section expires July 1,
1992 2000, and all money in the fund on that date reverts to the
general fund.
Sec. 3. [APPROPRIATION.]
Notwithstanding section 41A.09, subdivision 1, $100,000 is
appropriated for the fiscal year ending June 30, 1988, and
$100,000 is appropriated for the fiscal year ending June 30,
1989, from the ethanol development fund established under
section 41A.09 to the commissioner of agriculture for the
purpose of promoting ethanol fuel usage.
Approved June 3, 1987
Official Publication of the State of Minnesota
Revisor of Statutes