The Sugar Regulatory Authority (SRA) is tasked in Sec 10 of the 2006 Biofuels Bill to maintain the supply of domestic sugar to meet the local demand as well as to ensure that the price of sugar is stable.
If in times that this is not possible, the SRA will recommend to the proper agencies the importation of Sugar from other sources. In line with this, they can also recommend changes to the minimum access volume of Sugar as stated in the Tariff and Customs Code. I am assuming that these are the import limits being set and the tariffs being charged to imported sugar.
Initially, in the Senate version, it was stated that all Ethanol plants have to get certification from the SRA whenever they are planning to use Sugarcane as a feedstock and are going to situate the distillery in a sugarcane producing region. This was to ensure the adequate supply of sugar in the domestic market. But after the bicameral meet, whose purpose was to reconcile the Senate and Congress versions of the Biofuels bill, the above version makes no mention of it.
Category: Bioethanol, Law
