Indiana Senate lawmakers today approved a bill that would allow schools to receive grants to install E85 dispensing units. House Bill 1193 was sponsored by State Senator Ron Alting (shown right).
“Currently, retailers and local governments can receive grants to invest in E85 pumps and fuel tanks,” Alting said. “This legislation would allow school corporations and universities to also receive grants so they can install E85 fuel tanks on campuses.” Alting said since grants became available last year, more than $135,000 has been provided to various retailers.
Along with a Federal income tax credit for E85 infrastructure, Indiana also offers tax breaks and incentives for those who produce and/or use biofuels. Funding for these grants comes from corn check-off funds and has no cost to Indiana taxpayers.
There are currently 116 E85 fueling locations within the state of Indiana.