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Current as of January 01, 2024 | Updated by Findlaw Staff
(A) As used in this section:
(1) “Biodiesel,” “blended biodiesel,” and “diesel fuel” have the same meanings as in section 125.831 of the Revised Code.
(2) “Incremental cost” means the difference in cost between blended biodiesel and conventional petroleum-based diesel fuel at the time the blended biodiesel is purchased.
(B) There is hereby created in the state treasury the “biodiesel revolving fund,” to which shall be credited moneys appropriated to the fund by the general assembly and any other moneys obtained or accepted by the development services agency for crediting to the fund. Moneys credited to the fund shall be used to pay for the incremental cost of biodiesel for use in vehicles owned or leased by the state that use diesel fuel. The director of development services may direct the director of budget and management to transfer available moneys in the biodiesel revolving fund to the alternative fuel transportation fund created in section 122.075 of the Revised Code to be used by the development services agency for the purposes specified in that section.
Cite this article: FindLaw.com - Ohio Revised Code Title I. State Government § 125.836 - last updated January 01, 2024 | https://codes.findlaw.com/oh/title-i-state-government/oh-rev-code-sect-125-836/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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