Ethanol-Blended Gasoline Tax Credit

June 08, 2004


This incentive is available to retail service stations at which more than 60% of gasoline sold and dispensed through one or more metered pumps is ethanol-blended beginning January 1, 2002. Eligible service stations will receive a tax credit of $0.025 (2.5 cents) per gallon for each gallon of ethanol-blended gasoline sold and dispensed through all metered pumps in excess of 60% of all gasoline sold. "Ethanol blended gasoline" is defined as "motor fuel containing at least 10% alcohol distilled from cereal grains." HF 689 (2003) amended Iowa Code § 422.11C and § 422.33 by changing the effective date of this credit to January 1, 2002. Previously, the effective date was tax years beginning on or after January 1, 2002. The deadline for claiming refunds of taxes, interest or penalties arising from this amendment was October 1, 2003.

Program Overview

Implementing Sector: State
Category: Financial Incentive
State: Iowa
Incentive Type: Corporate Tax Credit
Web Site:
Administrator: Iowa Department of Natural Resources
Start Date: 1/1/02
Eligible Renewable/Other Technologies:
Incentive Amount: $0.025/gallon
Maximum Incentive: None


Name: Iowa Code § 422.11C
Effective Date: 1/1/02
Expiration Date: 6/30/07


Name: Public Information
Organization: Iowa Department of Natural Resources
Address: Wallace State Office Building
Des Moines IA 50319-0034
Phone: (515) 281-8518
Name: Public Information
Address: Hoover State Office Building
Des Moines IA 50319
Phone: (800) 367-3388

This information is sourced from DSIRE; the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the United States. Established in 1995, DSIRE is operated by the N.C. Clean Energy Technology Center at N.C. State University.