# Tax Incentive Passage Sets Course for ISA Policy Priorities

> The Iowa Legislature passed a six-year extension of the fuel tax incentive for B11 and higher biodiesel blends on June 3. Without action the incentive would have expired on June 30. The Iowa Soybean Association also backs more state funding for biodiesel blending infrastructure.

- Date: 2020-06-04 · published 2020-06-04T12:00:00.000Z
- Category: policy · region US · magnitude low
- Page: https://feedsoft.ai/events/52477-tax-incentive-passage-sets-course-for-isa-policy-priorities
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The incentive supports biodiesel blending in Iowa, which increases demand for soybean oil as the main feedstock. The effect is regional and modest in size.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBO | 2020-05-28 | [Policy priorities of Iowa soybean farmers](https://feedsoft.ai/events/52999-policy-priorities-of-iowa-soybean-farmers.md) | +0.9% | +0.2% |
| SBO | 2026-09-18 | [Protecting and growing biofuel demand is among policy priorities this fall for ASA  - Indiana Corn and Soy](https://feedsoft.ai/events/14997-protecting-and-growing-biofuel-demand-is-among-policy-priorities-this-fall-for.md) | -3.1% | -1.1% |
| SBO | 2018-10-11 | [ASA pushes for extension of biodiesel tax incentive - American Soybean Association](https://feedsoft.ai/events/62412-asa-pushes-for-extension-of-biodiesel-tax-incentive-american-soybean-association.md) | +3.2% | -1.6% |
| SBO | 2019-03-26 | [Congress to extend biodiesel tax incentive](https://feedsoft.ai/events/59976-congress-to-extend-biodiesel-tax-incentive.md) | -0.9% | -2.6% |
| SBO | 2020-07-16 | [Tax incentive and infrastructure boost good for agriculture](https://feedsoft.ai/events/51970-tax-incentive-and-infrastructure-boost-good-for-agriculture.md) | +3.9% | +11.1% |
| SOY | 2026-09-18 | [Protecting and growing biofuel demand is among policy priorities this fall for ASA  - Indiana Corn and Soy](https://feedsoft.ai/events/14997-protecting-and-growing-biofuel-demand-is-among-policy-priorities-this-fall-for.md) | -0.2% | -4.3% |
| SOY | 2020-07-16 | [Tax incentive and infrastructure boost good for agriculture](https://feedsoft.ai/events/51970-tax-incentive-and-infrastructure-boost-good-for-agriculture.md) | +1.5% | +0.5% |
| SOY | 2025-02-13 | [National Oilseed Processors Association Announces 2025 Policy Priorities - NOPA](https://feedsoft.ai/events/15142-national-oilseed-processors-association-announces-2025-policy-priorities-nopa.md) | +1.7% | -3.0% |

## Sources

- iasoybeans.com: https://www.iasoybeans.com/newsroom/article/tax-incentive-passage-sets-course-for-isa-policy-priorities

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.