Iowa HSB237 extends tax credits for E-85 and E-15 gasoline, and biodiesel, and extends sales tax refunds for biodiesel production.

Iowa HSB237 amends the Iowa Acts to extend tax credits for E-85 and E-15 gasoline, and biodiesel, and extends sales tax refunds for biodiesel production. The bill extends the E-85 gasoline promotion tax credit from January 1, 2028, to December 31, 2030, for purposes of the corporate income tax. It also extends the E-15 plus gasoline promotion tax credit from January 1, 2026, to December 31, 2030, for purposes of the corporate income tax.

Iowa HSB237 extends tax credits for E-85 and E-15 gasoline, and biodiesel, and extends sales tax refunds for biodiesel production.

Iowa HSB237 amends the Iowa Acts to extend tax credits for E-85 and E-15 gasoline, and biodiesel, and extends sales tax refunds for biodiesel production. The bill extends the E-85 gasoline promotion tax credit from January 1, 2028, to December 31, 2030, for purposes of the corporate income tax. It also extends the E-15 plus gasoline promotion tax credit from January 1, 2026, to December 31, 2030, for purposes of the corporate income tax.