- (a) As defined in Acts 2007, No. 873, “alternative fuels producer” means a business located in Arkansas that uses biomass or other renewable resources, excluding recycled petroleum oils, to manufacture alternative fuels.
- (b) Production incentive grants may be for capital improvement and/or operations costs.
- (c) Capital improvement grants are to assist in the construction, modification, alteration, or retrofitting of alternative fuels production facilities that are located and operated in Arkansas.
(d)
- (1) Operations costs grants are for the operation of alternative fuels production facilities located and operated in Arkansas.
- (2) Successful applicants for operations costs grants are eligible for incentive payments of up to twenty cents (20¢) per gallon of alternative fuel produced.
- (e) Alternative fuels producers may apply for and receive grants to fund capital improvements and/or operations costs, however, the Department of Agriculture will not award grants in an amount that exceeds two million dollars ($2,000,000) to any one (1) alternative fuels producer in any one (1) fiscal year.