Biodiesel Information

Iowa Biodiesel Information 2020

Jurisdiction:      Iowa      

Year of Report:    2020      

1) Jurisdiction provides either a refund or an exemption, impose a tax rate different than diesel, or offer an incentive (i.e. producers' or income tax credit):  Yes

2) Jurisdiction offers a refund for tax paid on biodiesel for IFTA carriers:  

Effective date of the legislation:  01/01/1996

Brief description of the legislation:  Because Iowa taxes fuel when withdrawn from terminal storage, the tax is collected when purchased at the retail level, but the purchaser can claim a refund on uses for certain activities described in Iowa Administrative rule 701-68.8.

3) Jurisdiction offers a biodiesel tax exemption for IFTA carriers:  

Effective date of the legislation:  

Brief description of the legislation:  

4) Jurisdiction imposes a tax on biodiesel at a rate different than the tax imposed on diesel:  Yes

Effective date of the biodiesel tax rate:  07/01/2015

5) Instructions for the IFTA licensees based in your jurisdiction to report biodiesel use on the IFTA return. :  

6) Biodiesel incentive such as a producer's credit or an income tax credit:  

Effective date of the legislation:  2006

Type of biodiesel incentive is offered:  In 2006, the Iowa General Assembly enacted House File 2754 establishing a goal that alternative fuels replace 25% of all petroleum used in Iowa by January 1, 2020.

7) Website that includes information regarding biodiesel:  Click Here