Did You Know?

2009 Senate Bill 623

Introduced by Sen. Cameron Brown (R-Fawn River Township)
The bill would give a subsidy to gas stations that increase ethanol sales above certain thresholds specified in the bill. The subsidy would be a “carry-forwardable” income tax credit (can be used to offset the owner’s tax liability over several years), and the value would be between 2 cents and 6 cents per gallon of ethanol sold above the threshold. more …