Ethanol tax changed in South Dakota

KXMB.com
Jul 5 2009 5:15AM
Associated Press

PIERRE, S.D. (AP) With the new fiscal year in South Dakota comes a new tax rate for ethanol.

Ethanol now is being taxed at 8 cents a gallon at the wholesale level. Previous state law included more than one tax rate for ethanol, depending on how much of the grain-based fuel was blended with regular gasoline.

Ethanol industry officials say the new law should encourage more blender pumps, which let motorists select among various blends of ethanol and gasoline.

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