NEWS
Wed Feb 25, 2015 10:27 AM CST

STREATOR, Ill. (DTN) -- The Iowa state legislature passed a 10-cent-per-gallon increase in the motor fuel tax, and included a new differential for biodiesel blends of 11% or more in diesel fuel that provides a 3-cent discount, lowering the tax increase to 7 cents per gallon.

The bills passed Tuesday in the Senate 28-21 and in the House 53-46. It now heads to Gov. Terry Branstad for his signature. If signed, the new tax structure would go into effect 30 days from passage.

Under the legislation, "fuels impacted by this increase include ethanol-blended gasoline, unblended gasoline, diesel, biodiesel, compressed natural ...

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