E15 infrastructure bill would add $35.9M to Minnesota GDP

In Minnesota, an infrastructure bill in the Minnesota House and Senate that calls for expanding access to E15 would contribute $35.9 million to the state’s GDP, according to an analysis by ABF Economics.

House File 1257 and Senate File 1277 seeks to provide a one-time funding of $12.5 million to fuel retailers and fuel wholesalers to install equipment necessary to store or dispense E15. This funding would enable an estimated average of 150 retail stations to offer E15.

This investment, ABF Economics said, would not only translate to a $35.9 million contribution to Minnesota’s GDP, but also support 276 full-time jobs, generate $25.5 million in household income and pay $1.4 million in state and local taxes.