HR0639

LRB096 14633 JDS 29474 r






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HOUSE RESOLUTION


 
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    WHEREAS, Because biodiesel fuel is made in the United 
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States from renewable resources, such as soybeans, its use 
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decreases our dependence on foreign oil and contributes to the 
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growth of our economy; and

 
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    WHEREAS, Biodiesel fuel is better for the environment than 
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petroleum diesel because biodiesel  generates fewer emissions 
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than petroleum diesel; and

 
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    WHEREAS, Over 170 companies have invested millions of 
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dollars in the development of biodiesel manufacturing plants in 
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the United States and are actively marketing biodiesel; and

 
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    WHEREAS, The production capacity of these plants is 
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approximately 2.7 billion gallons of biodiesel per year; and

 
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    WHEREAS, The federal government currently offers biodiesel 
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tax incentives, including an income tax credit, a blenders' 
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excise tax credit, and a small producers' tax credit; and

 
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    WHEREAS, The federal Energy Improvement and Extension Act 
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of 2008 (Public Law 110-343) extended certain biodiesel tax 
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incentives for one year; and

 
 


 






HR0639
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LRB096 14633 JDS 29474 r




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    WHEREAS, These federal biodiesel tax incentives are 
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scheduled to expire December 31, 2009 but should be extended in 
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order to continue to promote the development, production, and 
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use of biodiesel fuel; and

 

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    WHEREAS, The Biodiesel Tax Incentive Reform and Extension 
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Act of 2009 (S. 1589) was filed recently in the United States 
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Senate to, among other things, extend  the biodiesel income and 
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excise tax credits through December 31, 2014; therefore, be it

 
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    RESOLVED, BY THE HOUSE OF REPRESENTATIVES OF THE 
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NINETY-SIXTH GENERAL ASSEMBLY OF THE STATE OF ILLINOIS, that we 
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urge the United States Congress to quickly enact legislation to 
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extend the tax incentives for domestic biodiesel production; 
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and be it further

 
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    RESOLVED, That a suitable copy of this resolution be 
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presented to the President of the United States and each member 
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of the Illinois congressional delegation.