Iowa Senate Bill SF2393

Iowa 2025-2026 Regular Session

• Introduced: 2/19/26

Caption

A bill for an act relating to reporting total gasoline and diesel fuel gallonage sold and dispensed by retail dealers for a determination period.(Formerly SSB 3117.)

Impact

If enacted, SF2393 would amend existing laws related to fuel reporting, enhancing the accountability of retail dealers in Iowa. Specifically, the bill stipulates that failure to submit the required report will result in a loss of eligibility for crucial tax credits. This change underscores the importance of compliance in the fuel retail sector and establishes a firmer link between reporting and tax benefits, potentially influencing the operational practices of retail fuel dealers across the state.

Summary

Senate File 2393 focuses on enhancing the reporting requirements for retail dealers regarding the total gasoline and diesel fuel gallonage sold or dispensed during a specific determination period. The bill mandates that retail dealers must timely file these reports under the existing Iowa Code to maintain eligibility for various tax credits associated with E-85, biodiesel, and E-15 gasoline promotions. This change aims to ensure improved accuracy in the collection of data crucial for determining excise tax rates on these fuel types.

Contention

Notable points of contention may arise surrounding the penalties imposed for non-compliance with the reporting requirements. While the bill stipulates a civil penalty of up to one hundred dollars for each occurrence of failing to file or maintain necessary records, stakeholder perspectives could vary. Some may argue that these penalties are necessary to ensure compliance and accuracy in reporting, while others might perceive them as overly burdensome, potentially impacting smaller retail dealers more severely. As the bill progresses through the legislative process, any discussions or amendments may center around finding a balance between compliance, accountability, and the economic realities of retail fuel operations.