Extends tax credits for E-15 gasoline for individual and corporate income taxes until 2028.

This bill extends the eligibility of retail dealers to claim the E-15 plus gasoline promotion tax credit from January 1, 2026, to January 1, 2028, for individual and corporate income taxes. It ensures the availability of the tax credit for an entire tax year, even if the tax year does not align with the credit period. The bill also extends the ability of a retail dealer to claim the E-85 promotion tax credit if they claim an E-15 plus gasoline promotion tax credit during the same year.

Extends tax credits for E-15 gasoline for individual and corporate income taxes until 2028.

This bill extends the eligibility of retail dealers to claim the E-15 plus gasoline promotion tax credit from January 1, 2026, to January 1, 2028, for individual and corporate income taxes. It ensures the availability of the tax credit for an entire tax year, even if the tax year does not align with the credit period. The bill also extends the ability of a retail dealer to claim the E-85 promotion tax credit if they claim an E-15 plus gasoline promotion tax credit during the same year.