Bills › 91st General Assembly
Relating to fuel taxation by extending tax credits for E-15 gasoline available against the individual and corporate income taxes
Where it is now
- Done: IntroducedMarch 18, 2025
- Done: SubcommitteeMarch 18, 2025
- Stopped: House committeeDied when the General Assembly ended
- Next: Passes the House
- Next: Senate committeeFunnel: by March 20, 2026
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2026 session adjourned on May 3, 2026, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Gas station owners can continue to receive tax credits for selling E-15 gasoline and E-85 fuel through the beginning of 2028. These changes affect how businesses pay their income taxes. The update also ensures that dealers can claim both types of fuel credits even if their business tax year is different from the calendar year.1
Read the official explanation
This bill relates to fuel taxation by extending tax credits for E-15 gasoline. _____ and corporate income taxes. The bill extends the E-15 plus gasoline promotion tax credit from January 1, 2026, to January 1, 2028, for purposes of the corporate income tax. As a result of extending the E-15 plus gasoline promotion tax credit, the bill also extends the ability of a retail dealer to claim the E-85 promotion tax credit to January 1, 2028, even if the retail dealer claims an E-15 plus gasoline promotion tax credit during the same year. The bill amends the Iowa Acts to ensure the availability of the E-15 plus gasoline promotion tax credit for an entire tax year, for those retail dealers whose tax year does not align with the repeal date of the tax credit.
House subcommittee
Named March 18, 2025. Meeting: Tuesday, March 25 · 12:00 PM · RM 19 (Cancelled).
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part