HSB 689

GENERAL. _____ infrastructure) associated with E-15 gasoline, E-85 gasoline, or biodiesel. AWARDS. The bill provides that the infrastructure may be used to support ethanol blended gasoline classified as E-15 or higher (E-15 plus gasoline) but not classified as E-85 gasoline (between and percent ethanol). The bill removes a restriction on when E-15 gasoline may be stored in a motor fuel storage tank, increases the amount of moneys that may be awarded as standard financial incentives (grants) to a participating person (retail dealer) to support an improvement, and places a cap on the amount of moneys that may be awarded to the participating person during any 12-month period. BACKGROUND.14). The program includes standard financial incentives awarded to improve one or more motor fuel sites subject to certain award caps. The award may be for either three years with an award cap of $30,000 or five years with an award cap of $50,000. The program also provides for supplemental financial incentives for improvements relating to E-85 infrastructure or improvements to additional motor fuel sites owned or operated by a participating person.16). In 2019, moneys in the fund were appropriated from the rebuild Iowa infrastructure fund (2019 Iowa Acts, chapter 137, section 1).