MN HF462

Converts ethanol minimum content requirement to broader biofuel requirement, allowing gasoline sold in Minnesota to contain 10% conventional biofuel or 10% other EPA-approved biofuels at the option of the fuel provider, with declining conventional biofuel minimums (90% by July 2013, declining to no minimum by January 2025).

Establishes new petroleum replacement goals requiring biofuels to comprise at least 14% of gasoline sales by 2015, increasing to 18% by 2017, 25% by 2020, and 30% by 2025.

Creates a biofuels task force convening representatives from renewable fuels industry, petroleum retailers, refiners, automakers, and small engine manufacturers through December 31, 2015, to develop recommendations for incentives and eliminate barriers to greater biofuel blends.

Adds definitions for "biofuel," "advanced biofuel," "conventional biofuel," and "biobutanol" based on federal Energy Policy Act and EPA approval standards.

Sets cellulosic ethanol production goal to expire January 1, 2015, and repeals existing E20 mandate language while removing suspension provisions related to higher ethanol blends.