Iowa State lawmakers prior to adjourning approved another year of funding for the state’s cost share biofuel infrastructure program. Iowa Renewable Fuels Association’s Policy Director Nathan Hohnstein says the three million dollars legislators provided to fund the Renewable Fuels Infrastructure Program comes out of the Rebuild Iowa Infrastructure Fund.
He says IRFA’s Renewable Fuels Infrastructure Program provide Iowa fuel retailers with cost share grants to add the necessary equipment to their stations to offer higher blends of biofuels, that being E-15, E-85 and biodiesel.
Hohnstein says not only do consumers benefit from this program but it also gives a boost to the state’s economy as well as to agriculture.
The measure passed overwhelmingly in both houses with the state Senate passing the legislation on a 45 to 3 vote and the House approving it on a 63 to 29 vote.