A new Illinois law went into effect this week that should improve the bottom line for the state’s soybean growers.
Illinois Soybean Association chairman Ron Kindred says the first step of the B20 Bill encourages higher biodiesel blend usage through a sales tax exemption…
“The state sales tax exemption ramped up to B14. We had been at a B11 level.” He says, “This year it’s B14. Next year it ramps up to B17 and then in 2026 we go to B20.”
He tells Brownfield full implementation in 2026 will create tremendous additional demand for U.S.