Governor signs ethanol tax bill, calls out EPA head
BPC Staff Jul 1, 2020 | 3:43 pm
1 min read time128 wordsAll Latest News, Energy & Environment, Iowa News
Quad-City Times: Gov. Kim Reynolds on Tuesday signed into law a bill that lowers excise taxes on gasoline blended with ethanol, and called out the head of the Environmental Protection Agency charged with approving refinery waivers that limit ethanol’s reach. The bill puts the excise tax for gas without ethanol at 30 cents per gallon, while gas with ethanol blended in will get an excise tax of between 24 and 30 cents depending on how much ethanol is blended in. For biodiesel, the excise tax would range between 29½ cents and 32½ cents per gallon. Reynolds also called on EPA head Andrew Wheeler to “reject the excessive number of waivers” that oil refineries ask for to avoid blending ethanol into gasoline as required by the Renewable Fuel Standard.