Governor Branstad signs bill expanding state biodiesel incentives
Iowa Governor Terry Branstad signed SF 2309 into law May 24, expanding state biodiesel incentives.
The bill includes a tax credit that helps keep the state’s 13 biodiesel producers competitive on a national scale. It also includes a retailer’s credit that entices fuel retailers to carry higher blends of biodiesel than they may currently carry. Flanked by biodiesel supporters from around the state, Branstad signed the legislation at the REG Newton biodiesel plant in Newton, Iowa.
Read the news release