Iowa Governor Kim Reynolds signed legislation Tuesday that biofuels supporters say will expand access to E15 and other options with higher blends of biofuels.
Reynolds said the legislation “sets the stage for the single largest expansion of biofuels in our state’s history. We're sending a message that can’t be ignored: America’s energy is growing right here in Iowa’s fields.”
The bill would give Iowa drivers statewide access to E15 by 2026 and offer a 9-cent promotional tax credit through 2025. The bill also represents the first statewide B30 standard. Monte Shaw, executive director of the Iowa Renewable Fuels Association, said in a statement it is “not exaggerating to say that the Iowa Biofuels Access bill is the most important piece of biofuels legislation ever enacted in Iowa.”
“Iowa is now truly the leader in both biofuels production and biofuels policy,” he said. “This would not have happened had Governor Kim Reynolds not introduced the bill and made it a top priority this legislative session.”
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Growth Energy CEO Emily Skor said statewide E15 use in Iowa could remove the emissions equivalent of 40,000 cars from the road.
“This initiative is a win-win for the economy and the environment, and we’re glad to see this legislation enacted, which will have a permanent impact for generations to come,” she said.
The bill passed overwhelmingly in the Iowa legislature, clearing the state’s House, 81-13, and the Senate, 42-3.
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