An act to direct the use of Biofuels

An act to direct the use of Biofuels, establishing for this purpose the biofuel program approaching funds therefore and for other purposes.
Republic Act 9367 signed into law a mandatory biofuels standard which requires a 5% ethanol blend for gasoline within two years, increasing to 10% within four years under the approval of a new National Biofuels Board. A 1% biodiesel blend for diesel is required within 3 months, to be increased to 2% within two years. The amount of bioethanol in gasoline would be increased to 10 percent four years after the law is passed as determined and recommended by the National Biofuels Board. RA 9367 also zero-rates the specific tax on the biofuels component of blended gasoline or diesel.