BioFuels Security Act
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The BioFuels Security Act is a proposed legislative Act of Congress intended to phase out current single-fueled vehicles in favor of flexible-fuel vehicles. Under this proposal, contemporary single-fuel vehicles would cease production in 2016. [1]
[edit] Only a Bill
Senator Tom Harkin (on behalf of himself, and Senators Dick Lugar, Tim Johnson, Byron Dorgan, Joe Biden and Barack Obama) , introduced this Bill on Tuesday, March 16, 2006. This bill is still under consideration. It would require all vehicles to become flexible-fuel vehicles (FFVs), which are vehicles that can use both ethanol and gasoline. The bill would also require major US gasoline companies to carry E-85 renewable fuel (85% ethanol), and for 50% of their gasoline stations to extend and increase the Renewable Fuel Standards (RFS). The bill sets specific deadlines: all US vehicles to be produced as FFVs by 2016. To assist in this increase in FFVs, all major gas companies would be required to have 50% ethanol distribution tanks equipped to all their facilities. Tax credit would be given to gasoline companies for meeting the requirements of distributing and changing pumps to ethanol (an increase from a 30% reduction to that of a 50% reduction)[2].
