A bill for an act relating to the excise tax on certain ethanol blended gasoline purchased exclusively for use in an implement of husbandry used in agricultural production.

Summary

The bill would stop Iowa’s excise tax on gasoline that is at least 85% ethanol when it is purchased at a terminal or refinery rack for use only in implements of husbandry. Purchasers must obtain and keep a department‑issued exemption certificate, and suppliers must retain those certificates for three years. If the fuel is used for any non‑agricultural purpose, the buyer must pay the tax directly to the department.

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