Nebraska Ethanol Board September 10th board meeting to be held in Grand Island

LINCOLN, NEB – The Nebraska Ethanol Board will meet in Grand Island at 10:00 a.m. Thursday, Sept. 10. The meeting will be in the community meeting room at Bosselman Enterprises Headquarters (1607 S. Locust St.). The agenda is as follows:

  1. Call Meeting to Order
  2. Approval of Agenda
  3. Approval of June 10, 2020, Board Meeting Minutes
  4. Public Opportunity for Questions, Comments or Concerns
  5. Budget Report
  6. Fuel Retailer Update
  7. E30 Demonstration Update
  8. Renewable Fuels Nebraska Update
  9. Nebraska Corn Board Update
  10. Husker Motorsports presentation
  11. Lowering Ethanol’s Carbon Intensity
  12. Dues & Memberships
  13. Marketing Programs
  14. NEB-hosted Conferences & Events
  15. Office Remodel Update
  16. State and Federal Legislation
  17. Ethanol Plant Reports
  18. Chair’s Report
  19. Administrator’s Report
  20. Working Lunch
  21. Travel Reports and Authorization
  22. Personnel
  23. Executive Session, if deemed necessary
  24. Next Meeting Date
  25. Adjourn

This agenda contains all items to come before the Board except those items of an emergency nature.

The Nebraska Ethanol Board works to ensure strong public policy and consumer support for biofuels. Since 1971, the independent state agency has designed and managed programs to expand production, market access, worker safety and technology innovation, including recruitment of producers interested in developing conventional ethanol, as well as bio-products from the ethanol platform. For more information, visit www.ethanol.nebraska.gov.

Ethanol industry applauds passage of LB1107

The Nebraska Ethanol Board and Renewable Fuels Nebraska applaud Governor Pete Ricketts’ final approval of LB 1107, which took place today on the steps of the Capitol. 

Dubbed the great compromise, LB 1107 combined many of the business incentives of LB 720, otherwise known as the ImagiNE Act, with elements of property tax reform for all property owners including ethanol facilities. Critical to the ethanol industry were business tax incentives targeted toward renewable chemical operations which utilize ethanol and byproducts of the ethanol production process to create chemicals that are renewable-based.

“As we continuously seek other uses and opportunities for ethanol, the renewable chemical components of LB 1107 will add incentives for companies involved in renewable chemical processes to co-locate at a Nebraska ethanol facility,” said Roger Berry, Administrator of the Nebraska Ethanol Board. “This has the potential to lead to alternative and additional options for our state’s robust ethanol industry, which already impacts our economy by $5 billion each year.”

Other elements of LB 1107 will allow for tax credits based on future investments and job creation and potentially substantial property tax relief for ethanol facilities.

“Ethanol producers have been through some challenging times lately,” said Troy Bredenkamp, Executive Director for Renewable Fuels Nebraska. “As ethanol producers look to retool and reinvest in their plants, business incentives and property tax relief will influence future investments and upgrades in the Nebraska plant fleet.” 

“We thank those in the Nebraska Legislature who persevered to make LB 1107 a reality,” Bredenkamp said. “While LB 1107 is not perfect legislation, it demonstrates collaboration by the Nebraska Legislature to act in the best interest of Nebraskans.”

Both the Nebraska Ethanol Board and Renewable Fuels Nebraska now turn their attention to LR 373, which will be the first comprehensive study of state policy impacting Nebraska’s ethanol in many years. Several policy-related issues will be researched and assessed with potential legislation during next year’s session to address policy impediments to Nebraska’s ethanol industry.

“As the state agency representing the ethanol industry, we look forward to assisting the Nebraska Legislation with this study process,” Berry said. “Ethanol and biofuel production is as important as ever as we take a serious look at air pollution and its harrowing effects on public health, especially those experiencing respiratory issues. Ethanol is proven to reduce greenhouse gases and toxic tailpipe emissions. It is important that Nebraska policies enhance the ethanol industry’s ability to thrive.”