The Farmer First Fuel Incentives Act, also known as Bill 118 s 5145, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to provide incentives for farmers to use renewable fuels in their agricultural operations.
The bill proposes a number of measures to achieve this goal. Firstly, it would establish a grant program to help farmers purchase equipment and infrastructure needed to produce and use renewable fuels on their farms. This could include things like biodiesel processors, ethanol storage tanks, or electric tractors.
Additionally, the bill would provide tax credits to farmers who produce renewable fuels on their farms, such as biodiesel or ethanol. These tax credits would help offset the costs of producing these fuels and make them more competitive with traditional fossil fuels.
Overall, the Farmer First Fuel Incentives Act aims to support farmers in transitioning to more sustainable and environmentally friendly fuel sources. By providing financial incentives and support, the bill seeks to promote the use of renewable fuels in agriculture and reduce the carbon footprint of farming operations.