Biofuels: fuel excise reduction set at €35/hl for vegetable oil esters and €38/hl for ethanol in 2003
Article 22 of the 2002 Amending Finance Act inserts article 265 bis A into the Customs Code: biofuels from approved plants receive, within approved quantities, a fuel excise reduction set for 2003 at €35/hl for vegetable oil methyl esters and €38/hl for ethanol derivatives; approvals last up to six years.
Measure originators
No official estimate found for this measure.
Measure impact
Approved biodiesel and bioethanol producers get a fuel excise reduction of €35/hl (VOME) and €38/hl (ethanol) on approved volumes in 2003.
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
National Assembly has the final say
Si échec CMP
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)