House File 2643 - Introduced HOUSE FILE 2643 BY COMMITTEE ON AGRICULTURE (SUCCESSOR TO HF 2299) A BILL FOR An Act relating to reporting total gasoline and diesel fuel 1 gallonage sold and dispensed by retail dealers for a 2 determination period. 3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 4 TLSB 6771HV (1) 91 jm/jh

H.F. 2643 Section 1. Section 422.11O, subsection 2, paragraph a, Code 1 2026, is amended by adding the following new subparagraph: 2 NEW SUBPARAGRAPH . (02) The retail dealer has timely filed 3 the report required under section 452A.33, subsection 1, 4 paragraph “c” , for the latest determination period ending prior 5 to the close of the retail dealer’s tax year. 6 Sec. 2. Section 422.11P, subsection 3, paragraph a, Code 7 2026, is amended by adding the following new subparagraph: 8 NEW SUBPARAGRAPH . (02) The retail dealer has timely filed 9 the report required under section 452A.33, subsection 1, 10 paragraph “c” , for the latest determination period ending prior 11 to the close of the retail dealer’s tax year. 12 Sec. 3. Section 422.11Y, subsection 3, paragraph a, Code 13 2026, is amended by adding the following new subparagraph: 14 NEW SUBPARAGRAPH . (02) The retail dealer has timely filed 15 the report required under section 452A.33, subsection 1, 16 paragraph “c” , for the latest determination period ending prior 17 to the close of the retail dealer’s tax year. 18 Sec. 4. Section 452A.33, subsection 1, paragraph c, 19 subparagraph (2), Code 2026, is amended to read as follows: 20 (2) (a) If a retail dealer fails to file the report as 21 required by this section or fails to maintain records required 22 to file the report the department may impose a civil penalty of 23 not more than one hundred dollars per occurrence in addition to 24 any other penalty provided by law. The penalty amount shall be 25 deposited into the general fund of the state. 26 (b) A retail dealer who fails to timely file a report as 27 required by this subsection prior to the close of the retail 28 dealer’s tax year is also ineligible to claim any tax credit 29 available under section 422.11O, 422.11P, or 422.11Y for the 30 tax year or any succeeding tax year until such time the report 31 is filed. 32 EXPLANATION 33 The inclusion of this explanation does not constitute agreement with 34 the explanation’s substance by the members of the general assembly. 35 -1- LSB 6771HV (1) 91 jm/jh 1/ 2

H.F. 2643 This bill relates to reporting total gasoline and diesel 1 fuel gallonage sold or dispensed by retail dealers for a 2 determination period. 3 The bill specifies a retail dealer that does not timely 4 report the total gasoline and diesel fuel gallonage sold or 5 dispensed as required by Code section 452A.33 is not eligible 6 to claim the tax credits available under Code section 422.11O 7 (E-85 gasoline promotion), 422.11P (biodiesel blended fuel), or 8 422.11Y (E-15 plus gasoline promotion). The retail dealer who 9 fails to timely file such a report for the latest determination 10 period ending prior to the close of the retail dealer’s tax 11 year is ineligible to claim the tax credits for the tax year or 12 any succeeding tax years until the report is filed. 13 The report filed by retail dealers is used to calculate the 14 rate of excise taxes on ethanol blended gasoline classified as 15 E-15 or higher and biodiesel blended fuel classified as B-20 16 or higher. 17 -2- LSB 6771HV (1) 91 jm/jh 2/ 2