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2022 Senate Bill 814: Give gas station owners ethanol fuel sales tax-subsidy
Introduced by Sen. Kevin Daley R-Attica on January 12, 2022
To give gas station owners an income tax or business tax credit based on the amount of fuel mixed with ethanol they sell, with higher payments for higher levels of ethanol. The state would write a check to the owner for the difference if the ethanol tax credit exceeded the owner’s tax liability. Fiscal analysts estimate this will cause the state to forego $2.3 million in annual revenue.   Official Text and Analysis.
Referred to the Senate Agriculture Committee on January 12, 2022
Reported in the Senate on June 30, 2022
With the recommendation that the bill pass.
Received in the House on June 30, 2022
Referred to the House Tax Policy Committee on June 30, 2022