House File 2343 - Introduced HOUSE FILE 2343 BY COMMITTEE ON TRANSPORTATION (SUCCESSOR TO HSB 561) (COMPANION TO SF 2188 BY COMMITTEE ON TRANSPORTATION) A BILL FOR An Act relating to the excise tax on certain ethanol blended 1 gasoline purchased exclusively for use in an implement of 2 husbandry used in agricultural production. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 5210HV (2) 91 th/ns
H.F. 2343 Section 1. NEW SECTION . 452A.16 Exempt fuel —— implements 1 of husbandry. 2 1. The excise tax under section 452A.3 shall not be imposed 3 or collected on ethanol blended gasoline formulated with more 4 than eighty-five percent by volume of ethanol when purchased at 5 a terminal or refinery rack exclusively for use in an implement 6 of husbandry used in agricultural production. 7 2. A person who purchases fuel on which an excise tax is not 8 collected in accordance with subsection 1 shall substantiate 9 the purchase with an exemption certificate provided by the 10 department. The exemption certificate must be complete and 11 correct according to the requirements of the director, signed 12 by the purchaser, and retained by the supplier. A supplier 13 shall retain exemption certificates for at least three years. 14 3. The department shall disallow all sales of gallonage 15 described in this section unless proof is established by an 16 exemption certificate. 17 4. If a purchaser uses or disposes of fuel that was 18 purchased using an exemption certificate pursuant to subsection 19 2 in a nonexempt manner, the purchaser is solely liable for the 20 excise tax and shall remit the tax directly to the department. 21 EXPLANATION 22 The inclusion of this explanation does not constitute agreement with 23 the explanation’s substance by the members of the general assembly. 24 Under current law, the excise tax on each gallon of ethanol 25 blended gasoline classified as E-15 or higher is based on 26 the distribution percentage of those fuels compared to the 27 distribution of all nonaviation gasoline motor fuel, and 28 ranges from 24 cents to 30 cents. For motor fuel and undyed 29 special fuel used for a variety of exempt purposes under Code 30 section 452A.17, including in implements used in agricultural 31 production, a person who pays the excise tax may claim a refund 32 from the Iowa department of revenue (IDR). 33 This bill exempts ethanol blended gasoline formulated with 34 more than 85 percent by volume of ethanol from imposition and 35 -1- LSB 5210HV (2) 91 th/ns 1/ 2
H.F. 2343 collection of the excise tax when purchased at a terminal or 1 refinery rack exclusively for use in an implement of husbandry 2 used in agricultural production. 3 The bill requires a person who purchases fuel on which 4 an excise tax is not collected in accordance with the bill 5 to substantiate the purchase with an exemption certificate 6 provided by IDR. The exemption certificate must be complete 7 and correct according to the requirements of the director of 8 revenue, signed by the purchaser, and retained by the supplier. 9 A supplier must retain exemption certificates for at least 10 three years. The bill requires IDR to disallow all sales of 11 fuel described in the bill unless proof is established by an 12 exemption certificate. If a purchaser uses or disposes of 13 fuel that was purchased using an exemption certificate in a 14 nonexempt manner, the purchaser is solely liable for the excise 15 tax and is required to remit the tax directly to IDR. 16 Under current law, IDR requires similar exemption 17 certificates for tax-exempt sales of compressed natural gas, 18 liquefied natural gas, liquefied petroleum gas, hydrogen, and 19 electric fuel. 20 -2- LSB 5210HV (2) 91 th/ns 2/ 2