Biodiesel supporters get 'small victory'
By Dave Thompson
Bismarck, ND – It is less than what biodiesel fuel supporters were asking for. But the North Dakota House has approved a tax credit for biodiesel fuel producers.
Biodiesel consists of regular diesel fuel with some vegetable oil mixed in, like soybean oil. At first, the bill said all the state's diesel fuel would have to be biodiesel starting in July of 2007. The mandate was taken out of the bill. But there is still a ten percent income tax credit over five years for people who blend or use biodiesel fuel.
House members voted 86-7 to approve the bill. It now goes to the state Senate.