A bill for an act relating to reporting total gasoline and diesel fuel gallonage sold and dispensed by retail dealers for a determination period.

This bill requires retail fuel dealers in Iowa to report total gasoline and diesel gallonage sold during a specific period (determination period) before their tax year ends. Retail dealers who fail to file this report on time lose eligibility for three fuel tax credits: E-85 promotion (422.11O), biodiesel blend (422.11P), and E-15 plus gasoline promotion (422.11Y) for that year and all future years until the report is filed. The report is used to calculate excise taxes on higher-blend fuels like E-15 and B-20. Non-compliance also triggers a $100 civil penalty per occurrence.