Biodiesel Blend Retailer Tax Credit
Retailers selling biodiesel are eligible for a state income tax credit. Credit amounts are based on biodiesel blend level and available in the following amounts:
Biodiesel Blend Level | Credit Amount per Gallon Sold |
---|---|
11% to 19% | $0.05 |
20% to 29% | $0.07 |
30% and higher | $0.10 |
The tax credit expires January 1, 2028.
(Reference Iowa Code 422.11P)
Point of Contact
Anthony Girardi
Public Service Manager 2, Research and Policy
Iowa Department of Revenue
Phone: (515) 240-8417
anthony.girardi@iowa.gov
Jurisdiction: Iowa
Type: State Incentives
Enacted: May 26, 2011
Amended: Aug 7, 2023
Technologies: Biodiesel
See all Iowa Laws and Incentives.