Gov. Kim Reynolds (R-Iowa) signed legislation Tuesday that will subsidize and expand sales of E15 gasoline and other renewable fuels. The “Biofuels Access” bill requires retailers “with compatible infrastructure” to offer E15 by Jan. 1, 2026, from at least one dispenser, while newer retailers and those that install new tank designs must offer E15 from at least 50% of dispensers after Jan. 1, 2023. The bill provides for some waivers, including for small retail locations. The bill also funds grants for upgrades to help businesses meet the requirements and establishes new tax credits for B20 and B30 biodiesel.
Reaction: Iowa Renewable Fuels Association Executive Director Monte Shaw called the bill a “nation-leading policy that will greatly expand consumers’ ability to find lower-cost biofuels at pumps across the state.” Opponents argued the move would do little to affect prices because E15 is sold at fewer than 3,000 retail stations nationwide.
