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2 CAR § 1-201. General provisions
2 CAR § 1-201. General provisions.
(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.