Iowa moved one step closer this week to higher blends of ethanol and biodiesel statewide as the Iowa State House passed the 2022 Biofuel Access Bill by an overwhelming bipartisan majority.
Iowa Renewable Fuels Association Executive Director Monte Shaw says they are urging the state Senate to take the bill up quickly. “We also want to thank Gov. Reynolds for prioritizing biofuels choice for Iowans and leading the way. Promoting biofuels has never been a partisan issue and today we saw what can be accomplished when we focus on what’s best for Iowa’s future.”
The legislation would offer E15 statewide by 2026 and update the E15 promotion tax credit to $0.09 per gallon year-round through 2025. The bill also includes several reforms to biodiesel tax credits to boost access to B20 and to put more money in the Road Use Tax Fund.