Senate File 2344 promotes e-15, biodiesel and next generation of biofuels, bio-butanol.
(DES MOINES) - Gov. Terry E. Branstad today announced he will sign Senate File 2344 into law Wednesday, May 21, 2014, at 12:30 p.m. at POET Biorefining in Coon Rapids, Iowa.
The bill promotes the development of bio-butanol and bio-butanol blended gasoline, which are next generation biofuels; and modifies the rate of the E-15 promotion tax credit and extends provisions for the biodiesel production refund.
The following bill signing ceremony is open to credentialed members of the media:
Wednesday, May 21, 2014
12:30 p.m. Gov. Branstad signs Senate File 2344
POET Biorefining
1015 Grant Avenue
Coon Rapids, IA
Note: Parking is available outside the administration building.
Senate File 2344 an Act relating to renewable fuels, by providing for bio-butanol and bio-butanol blended gasoline, modifying the rate of the E-15 plus gasoline promotion tax credit and extending provisions for a biodiesel production refund, and including effective date and retroactive applicability provisions.
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