Environment
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
StateIowaEnacted
SF 2493: A bill for an act relating to the excise tax on certain ethanol blended gasoline purchased exclusively for use in an implement of husbandry used in agricultural production.
COMMITTEE ON WAYS AND MEANS
SF 2493 status: Enacted — Signed by Governor (updated Jun 1, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
01
What this bill does
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
68OUT OF 100
Score:68/100 civic fit
Risk:Low Risk
Impact:Moderate Impact 45/100
Constitutionality95%
Bipartisan80%
Public opinion70%
Bill summary
What changes
The bill creates a new excise tax exemption for ethanol-blended gasoline (more than 85% ethanol) used in agricultural implements of husbandry.
Who is affected
Agricultural producers using qualifying fuel and the suppliers selling that fuel.
Requirements and enforcement
Purchasers must submit an exemption certificate provided by the Department of Revenue; suppliers must retain these records for three years.
Costs and funding
Direct costs include administrative record-keeping; there is a reduction in excise tax revenue for the state, though exact amounts are unspecified.
When it takes effect
Effective upon enactment (signed 2026-06-01).
Potential benefits
Reduces fuel costs for farmers and provides legal clarity for tax-exempt agricultural operations.
Risks and tradeoffs
Compliance and record-keeping burdens on farmers and suppliers.
What is still unknown
The total fiscal impact to the state's transportation or fuel tax fund remains unquantified.
02
Impact analysis
✦ AI analysisModeled effects across six domains, estimated from bill text and comparable legislation.
Economy
Positive outlook
75%
Benefits
- Reduces input costs for farmers using high-ethanol fuel
- Encourages use of high-ethanol fuel formulations
- Simplifies tax-exempt status for agricultural equipment
Risks
- Creates administrative burden for fuel suppliers via record keeping
- Requires suppliers to maintain certificate retention systems
- Potential for minor tax revenue reduction for the state
Society
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
Technology Industry
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
Civic Accountability
Positive outlook
60%
Benefits
- Establishes a clear legal framework for tax exemptions
- Mandates retention of documentation for auditing purposes
- Sets clear requirements for Department of Revenue oversight
Risks
- Creates reliance on department-provided forms
- Potential for disputes regarding certificate accuracy
- Increases reporting requirements for private fuel transactions
Public Health & Safety
No direct effect
Neutral — no direct effect identified.
Benefits
- No material direct effect identified
Risks
- No material direct effect identified
03
How trustworthy & consequential it is
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
Farmers and suppliers must maintain strict records to avoid personal tax liability for nonexempt use.
Analysis scope
No economic impact statement available to quantify revenue loss.
04
Where it stands
Official recordSigned by Governor.
- IntroducedComplete
- CommitteeComplete
- Chamber votesComplete
- Final agreementComplete
- GovernorComplete
- EnactedComplete
05
How it affects your district
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06
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