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IA SF2188
Bill
Status
2/4/2026
Primary Sponsor
Transportation
Click for details
AI Summary
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Exempts ethanol blended gasoline with more than 85% ethanol by volume from state excise tax when purchased at a terminal or refinery rack exclusively for use in agricultural implements of husbandry
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Purchasers must substantiate tax-exempt purchases with an exemption certificate provided by the Iowa Department of Revenue, signed by the purchaser and retained by the supplier
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Suppliers are required to retain exemption certificates for at least three years, and the department will disallow sales without proper certificate documentation
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Purchasers who use or dispose of exempt-purchased fuel for nonexempt purposes become solely liable for the excise tax and must remit payment directly to the department
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Current law taxes ethanol blended gasoline (E-15 or higher) at rates ranging from 24 to 30 cents per gallon based on distribution percentages
Legislative Description
A bill for an act relating to the excise tax on certain ethanol blended gasoline purchased exclusively for use in an implement of husbandry used in agricultural production.(Formerly SSB 3025.)
Last Action
Subcommittee recommends passage.
3/11/2026