Introduced by the Iowa Bankers Assn and Wells Fargo-- includes grain lien language + central filing
We are NOT pursuing grain lien language
Central filing is not a better system than direct notice and a new system would cost money to implement-- those costs would be passed down to our farmers and consumers
This bill passed out of the subcommittee meeting, with the understanding that we would continue conversations with all stakeholders
THANK YOU to members that were able to reach out in support of our continued efforts on this bill and communicated their concerns and the impact of this legislation.
Questions about how this is written and applies, prompting questions about E85 infrastructure requirements, E0 options, retroactive applicability to applications that have already been submitted for RFIP funds, etc.
Link to our week 3 legislative YouTube video HERE.