Bill
Bill > HF2299
IA HF2299
IA HF2299A bill for an act relating to reporting total gasoline and diesel fuel gallonage sold and dispensed by retail dealers for a determination period.(See HF 2643.)
summary
Introduced
02/06/2026
02/06/2026
In Committee
02/06/2026
02/06/2026
Crossed Over
Passed
Dead
Introduced Session
91st General Assembly
Bill Summary
This bill relates to reporting total gasoline and diesel fuel gallonage sold or dispensed by retail dealers for a determination period. The bill specifies a retail dealer that does not timely report the total gasoline and diesel fuel gallonage sold or dispensed as required by Code section 452A.33 is not eligible to claim the tax credits available under Code section 422.11O (E-85 gasoline promotion), 422.11P (biodiesel blended fuel), or 422.11Y (E-15 plus gasoline promotion). The retail dealer who fails to timely file such a report for the latest determination period ending prior to the close of the retail dealer’s tax year is ineligible to claim the tax credits for the tax year or any succeeding tax years until the report is filed. The report filed by retail dealers is used to calculate the rate of excise taxes on ethanol blended gasoline classified as E-15 or higher and biodiesel blended fuel classified as B-20 or higher.
AI Summary
This bill establishes a consequence for retail fuel dealers who fail to submit timely reports on their total gasoline and diesel fuel sales for a specific period. These reports are crucial for calculating excise tax rates on certain blended fuels, such as E-15 plus gasoline and B-20 or higher biodiesel. Specifically, if a retail dealer does not file this report on time, they will become ineligible to claim tax credits related to promoting E-85 gasoline (422.11O), biodiesel blended fuel (422.11P), or E-15 plus gasoline (422.11Y). This ineligibility will apply to the current tax year and any subsequent years until the overdue report is finally submitted.
Committee Categories
Agriculture and Natural Resources
Sponsors (1)
Last Action
Committee report approving bill, renumbered as HF 2643. (on 02/19/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=HF2299 |
| BillText | https://www.legis.iowa.gov/docs/publications/LGI/91/attachments/HF2299.html |
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