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KS SB498
Bill
Status
3/11/2026
Primary Sponsor
Assessment and Taxation
Click for details
AI Summary
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Creates a $0.05 per gallon income tax credit for retail dealers selling higher ethanol blend fuel (E15 or higher) at Kansas service stations, available for tax years 2026-2028 with a $2,500,000 annual cap on total credits issued
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Discontinues the existing tax credit for qualified alternative-fueled motor vehicles and alternative-fuel fueling stations after December 31, 2026, while allowing carry-forward of unused credits for up to 4 years for those who qualified before the cutoff
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Defines "higher ethanol blend" as E15 (per 40 C.F.R. § 1090.80) or any higher percentage ethanol blend dispensed through metered pumps directly into motor vehicle fuel tanks
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Requires retail dealers claiming the ethanol credit to submit annual reports to the Department of Revenue including dealer information and total gallons of higher ethanol blend sold
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If total credit claims exceed the $2,500,000 annual cap, credits will be prorated among eligible dealers based on their proportional share of total higher ethanol blend gallons sold statewide
Legislative Description
Providing an income tax credit for the retail sale of higher ethanol blends of fuel and discontinuing the income tax credit for qualified alternative-fueled motor vehicle property or fueling station expenditures.
Last Action
House Referred to Committee on Taxation
3/11/2026