Bill > SB2333

This bill establishes a new low-carbon fuels fund to provide financial incentives for ethanol production facilities to improve their infrastructure and reduce carbon emissions. The bill allows the state commissioner to distribute incentives up to $3 million per biennium and $10 million total per facility over a ten-year period, covering up to 50% of eligible capital project costs. Eligible projects include infrastructure for carbon dioxide capture and storage, energy efficiency enhancements, and ethanol yield improvements. The fund will be primarily financed through an annual transfer of 40% of farm vehicle registration fees, with a cumulative transfer limit of $30 million. The bill also removes previous ethanol production incentive provisions, repeals an existing chapter on ethanol production incentives, and requires the commissioner to report on the fund's status to legislative management at least once per biennium. Additionally, the bill allows the commissioner to spend up to $1 million to develop a carbon intensity verification process, demonstrating a commitment to supporting more environmentally sustainable ethanol production in North Dakota.

Budget and Finance

https://ndlegis.gov/assembly/69-2025/regular/bill-overview/bo2333.html