IowaProposal lists refund rates for Iowa biodiesel made in 2026 and 2027
The proposal lists refund rates for Iowa biodiesel made from 2026 through 2027 and says it would apply to production starting January 1, 2026.
What it does
The bill lists a per-gallon refund rate for Iowa biodiesel: the 2026 rate is unclear in the amendment text, and the rate listed for 2027 is four cents.
Argument forIf the intended 2026 rate is five cents, producers could get one extra cent per gallon for Iowa biodiesel made that year.
Argument againstIf the intended 2026 rate is five cents, returning to four cents in 2027 could mean producers receive less per gallon the next year.
More detail
The bill text lists a per-gallon refund rate for biodiesel made in Iowa. The rates apply to gallons of biodiesel produced by a producer in Iowa. The bill is in progress, so the listed provisions remain proposed. The 2026 rate is unclear in the amendment text, which reads “four five cents”; the explanation says five cents. The bill says it applies retroactively to Iowa biodiesel made on or after January 1, 2026. It lists a 2026 rate and a four-cent rate from January 1, 2027, until before January 1, 2028.
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- May 2Attached to HF 2786.Latest
- May 1Fiscal note.
- May 1Committee report, approving bill.Minor
- May 1Introduced, placed on Ways and Means calendar.Introduced
Taxes & Budget