GETTING SOAKED

Missouri Revised Statutes August 28, 2006
Chapter 142 Motor Fuel Tax Section 142.028

3. A Missouri qualified fuel ethanol producer shall be eligible for a monthly grant from the fund, except that a Missouri qualified fuel ethanol producer shall only be eligible for the grant for a total of sixty months unless such producer during those sixty months failed, due to a lack of appropriations, to receive the full amount from the fund for which they were eligible, in which case such producers shall continue to be eligible for up to twenty-four additional months or until they have received the maximum amount of funding for which they were eligible during the original sixty-month time period. The amount of the grant is determined by calculating the estimated gallons of qualified fuel ethanol production to be produced from Missouri agricultural products for the succeeding calendar month, as certified by the department of agriculture, and applying such figure to the per-gallon incentive credit established in this subsection. Each Missouri qualified fuel ethanol producer shall be eligible for a total grant in any fiscal year equal to twenty cents per gallon for the first twelve and one-half million gallons of qualified fuel ethanol produced from Missouri agricultural products in the fiscal year plus five cents per gallon for the next twelve and one-half million gallons of qualified fuel ethanol produced from Missouri agricultural products in the fiscal year. All such qualified fuel ethanol produced by a Missouri qualified fuel ethanol producer in excess of twenty-five million gallons shall not be applied to the computation of a grant pursuant to this subsection. The department of agriculture shall pay all grants for a particular month by the fifteenth day after receipt and approval of the application described in subsection 4 of this section. If actual production of qualified fuel ethanol during a particular month either exceeds or is less than that estimated by a Missouri qualified fuel ethanol producer, the department of agriculture shall adjust the subsequent monthly grant by paying additional amount or subtracting the amount in deficiency by using the calculation described in this subsection.

SECTION 144.030 - Adds natural gas, propane and electricity used by an eligible new generation cooperative or processing entity as well as field drain tile, to the list of exemptions from sale and use taxes.

http://www.senate.mo.gov/05info/BTS_Web/Bill.aspx?SessionType=R&BillID=14288

How sweet it is!!! That Webster County plant is eligible--thanks to Governor Blunt and his cronies--to receive over THREE MILLION DOLLARS per year in grant money from the state of Missouri. Since this "grant" money doesn't grow on trees, the money will come from Missouri taxpayers pockets.
If, for some reason--like no corn being grown in this area--that ethanol plant switches over to being a biodiesel facility, then the amount of taxpaer money they can grab shoots up to over SIX MILLION DOLLARS per year.

And if that ethanol plant fails within its first five years of operation, guess what? Governor Blunt and our reps will still pay the owners of the plant OUR tax money for a failed product.

Not only do the people of Webster County get stuck with an ethanol plant that will spew toxic substances into the air they breathe and deplete and pollute their drinking water, they also get to PAY for this privilege.

Like we used to say when it was time to feed the hogs, "SOOEE, SOOEE, SOOEE.