September 27, 2006

Georgia Gov. Proposes Biofuel Tax Incentive

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Georgia Gov. Sonny Perduehas proposed a sales tax exemption for materials and equipment used in the construction of biofuel facilities in Georgia, The Atlanta Business Chronicle reports. The four percent tax incentive could mean annual savings of $2 million to 4 million. Facilities must produce fuels from Georgia-grown agriculture products and biomass.

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