House File 2691 S-5175 Amend House File 2691, as amended, passed, and reprinted by 1 the House, as follows: 2 1. Page 19, after line 5 by inserting: 3 < Sec. ___. APPLICATION AMENDMENT FOR CORRECTIVE AMOUNT. 4 1. If on or after January 1, 2022, but before the effective 5 date of this division of this Act, a retail dealer was awarded 6 standard financial incentives under section 159A.14 to improve 7 a retail motor fuel site, based on the cost of installing, 8 replacing, or converting infrastructure capable of storing and 9 dispensing ethanol blended gasoline classified as E-85, the 10 retail dealer may file an amendment to the application for a 11 corrective amount with the department of agriculture and land 12 stewardship for decision by the renewable fuel infrastructure 13 board. The department shall assign the retail dealer’s 14 application amendment priority status for decision by the 15 renewable fuel infrastructure board. 16 2. A retail dealer shall not be eligible to file an 17 application amendment under subsection 1 if any of the 18 following apply: 19 a. The retail dealer was awarded the standard financial 20 incentives to construct a new retail motor fuel site. 21 b. The retail dealer files the application amendment after 22 December 31, 2024. 23 3. A retail dealer must complete the improvement of a 24 retail motor fuel site using the standard financial incentives 25 awarded under subsection 1 according to rules adopted by the 26 department. 27 4. The application amendment’s corrective amount shall be 28 determined according to the following: 29 a. By calculating the base amount, which is the difference 30 between the amount incurred by the retail dealer in improving 31 a retail motor fuel site by installing, replacing, or 32 converting infrastructure capable of storing and dispensing 33 ethanol blended gasoline classified as E-85 and the amount 34 that was awarded to the retail dealer in standard financial 35 -1- HF 2691.4294 (2) 90 th/ns 1/ 2 #1.
incentives under section 159A.14, subsection 6, to make the 1 same improvement. 2 b. The base amount calculated under paragraph “a” shall be 3 adjusted to not exceed the following: 4 (1) For a tier I site, ninety percent of the actual cost 5 of making the improvement or one hundred thousand dollars, 6 whichever is less. 7 (2) For a tier II site, seventy-five percent of the actual 8 cost of making the improvement or one hundred thousand dollars, 9 whichever is less. 10 (3) For a tier III site, seventy percent of the actual cost 11 of making the improvement or one hundred thousand dollars, 12 whichever is less. 13 5. A retail dealer shall not be awarded a corrective amount 14 under this section and financial incentives under section 15 159A.14 to improve the same infrastructure. > 16 2. By renumbering as necessary. 17 ______________________________ ADRIAN DICKEY ______________________________ BRAD ZAUN -2- HF 2691.4294 (2) 90 th/ns 2/ 2 #2.