Summary
Introduced with the Energy Grants and Other Legislation Amendment (Ethanol and Biodiesel) Bill 2015, the bill amends the
Excise Tariff Act 1921
to: reduce the rates of excise duty for domestically manufactured fuel ethanol and biodiesel to nil for one year from 1 July 2015; increase the rate of excise duty for domestically manufactured fuel ethanol on 1 July of each subsequent year until the final rates are reached on 1 July 2020; and increase the rate of excise duty for domestically manufactured fuel biodiesel on 1 July of each subsequent year until the final rates are reached on 1 July 2030.