Governor Jim Pillen signed legislation to increase access to E15 fuel in the state yesterday. The bill LB562 also includes higher ethanol blend tax credits and cuts red tape for food trucks.
“With the passage and signing of LB562 into law, E15 fuel will eventually be an option at gas stations across the state,” said Senator Myron Dorn. “This law is a tremendous win for our state’s corn industry, the ethanol industry, and especially a cost-savings win for Nebraska consumers. This law will offer more choices to drivers with a less expensive product and a cleaner burning fuel.”
LB562 will also allow more people to qualify for the Beginning Farmer Tax Credit, by increasing the personal net worth of those applying. Operated by the Department of Agriculture’s NextGen Program, it helps beginning farmers get their foot in the door by offering landowners a property tax credit if they’re willing to take a chance on a new farmer and rent them their land.