Search Federal and State Laws and Incentives
Search incentives and laws related to alternative fuels and advanced vehicles. You can search by keyword, category, or both.
Search Results | 4 laws and incentives
Jurisdiction |
Title |
Type |
Body (TODO:hide) |
Iowa |
Biodiesel Blend Retailer Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: Iowa
Retailers selling biodiesel blends containing a minimum of 5% biodiesel (B5) are eligible for a state income tax credit of $0.035 per gallon of biodiesel sold. Biodiesel blends containing a minimum of 11% biodiesel (B11) are eligible for a state income tax of $0.055 per gallon sold. The tax credit expires December 31, 2027.
(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
|
Iowa |
Alternative Fuel Production Tax Credits |
State Incentives |
X
Type: State Incentives |
Jurisdiction: Iowa
The High Quality Jobs Program offers state tax incentives to business projects for the production of biomass or alternative fuels. Incentives may include an investment tax credit equal to a percentage of the qualifying investment, amortized over five years; a refund of state sales, service, or use taxes paid to contractors or subcontractors during construction; an increase of the state's refundable research activities credit; and a local property tax exemption of up to 100% of the value added to the property. For more information, refer to the High Quality Jobs Program website. (Reference Iowa Code 15.335 and 422.10)
Point of Contact
Business Finance Program Coordinator
Iowa Economic Development Authority
Phone: (515) 348-6161
|
Iowa |
E85 Retailer Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: Iowa
Retail stations dispensing gasoline fuel blends of E85 for use in motor vehicles may be eligible for a tax credit in the amount of $0.16 per gallon sold. The tax credit expires after December 31, 2027. Eligible taxpayers may also claim the mid-level ethanol blend retailer tax credit for the same tax year.
(Reference Iowa Code 422.11O)
Point of Contact
Anthony Girardi
Public Service Manager 2, Research and Policy
Iowa Department of Revenue
Phone: (515) 240-8417
anthony.girardi@iowa.gov
|
Iowa |
Mid-Level Ethanol Blend Retailer Tax Credit |
State Incentives |
X
Type: State Incentives |
Jurisdiction: Iowa
Retail stations dispensing mid-level blends of ethanol, between 15% (E15) and 69% (E69), for use in motor vehicles may be eligible for a tax credit. Credit amounts vary by date. The tax credit expires December 31, 2024.
(Reference Iowa Code 214A.1 and 422.11Y)
Point of Contact
Anthony Girardi
Public Service Manager 2, Research and Policy
Iowa Department of Revenue
Phone: (515) 240-8417
anthony.girardi@iowa.gov
|