Arkansas Code of 1987 (2024)
Title 15 - NATURAL RESOURCES AND ECONOMIC DEVELOPMENT (§§ 15-1-101 — 15-76-324)
Subtitle 1 - DEVELOPMENT OF ECONOMIC AND NATURAL RESOURCES GENERALLY (§§ 15-1-101 — 15-14-108)
Chapter 13 - ARKANSAS ALTERNATIVE FUELS DEVELOPMENT ACT (§§ 15-13-101 — 15-13-306)
Subchapter 3 - ARKANSAS ALTERNATIVE FUELS DEVELOPMENT PROGRAM (§§ 15-13-301 — 15-13-306)
Section 15-13-303 - Production incentives for feedstock processors

• (a) The Arkansas Alternative Fuels Development Program shall include a grant incentive program that provides grants to feedstock processors to assist in the construction, modification, alteration, or retrofitting of feedstock processing facilities that are located and operated in Arkansas.

• (b) The Department of Agriculture shall create a grant application process for feedstock processors that shall include:
  • (1) An application for a grant under this subchapter that shall include at a minimum:
    • (A) A narrative description of the intended use of the grant moneys; and
    • (B) Evidence sufficient to satisfy the department that the applicant has the capacity to complete the proposed project;
  • (2) Instructions about the grant process;
  • (3) Scoring procedures to determine the award of the grants; and
  • (4) Other factors that the Secretary of the Department of Agriculture deems necessary.

• (c)
  • (1) The department shall prepare an annual progress report on grant assistance made under this section.
  • (2) The report shall include:
    • (A) The amount of each grant;
    • (B) The purpose of each grant;
    • (C) How grant funds were expended by the grant recipient; and
    • (D) The origin and tonnage of the feedstock that was processed.
  • (3) The report for each state fiscal year shall be filed by June 30 of the following fiscal year with the office of the Governor and the Legislative Council.

• (d)
  • (1) The department shall not award a grant in an amount that exceeds three million dollars ($3,000,000) or fifty percent (50%) of the project cost, whichever is less, to any one (1) feedstock processor in any one (1) fiscal year.
  • (2) An entity that holds a controlling interest in more than one (1) feedstock processing plant is considered one (1) feedstock processor under this section.

• (e) Nothing in this section shall limit a grant recipient under this section from applying for or receiving a production incentive for alternative fuels producers under § 15-13-302.

Amended by Act 2019, No. 910,§ 53, eff. 7/1/2019.

Acts 2007, No. 873, § 1; 2009, No. 977, § 2.