Webb. Claiming the credit with other credits. A taxpayer may claim the E-15 plus gasoline promotion tax credit even if the taxpayer also claims the ethanol promotion tax credit provided in rule 701-52.36(422) for gallons sold on or after January 1, 2011, but prior to January 1, 2024, for the same tax year for the same ethanol gallons. WebJul 21, 2024 · Sponsored by Sen. Kevin Daley (R-Lum), Senate Bill 814 allows a motor fuel retail dealer to claim a refundable income tax credit of $0.05 per gallon of E15 sold and $0.85 per gallon of E85 sold from 2024-2027. Farm Bureau policy supports the legislation that passed the Senate (24-14) on June 30 and was referred to the House Tax Policy …
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WebE15 Plus Gasoline Promotion Tax Credit 4. Biodiesel Blended Fuel Tax Credit • Possibility of meeting the state goal 1 • 2006: Iowa General Assembly enacted H.F. 2754 • Goal: • 25 percent of all petroleum used in gasoline to be replaced by biofuels (ethanol and biodiesel) by 2024 WebE15 Plus Gasoline Promotion Tax Credit Iowa Actuals (2016) Amount Claimed Iowa Tax Credit % Amount Claimed Per % June 1 - September 15 - $0.10 per gallon $227,620 … shaq\u0027s parents height
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