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Source: FARM FUTURES, 4/27/17
Iowa Sen. Charles Grassley and Washington Sen. Maria Cantwell and 14 other senators introduced legislation April 26, 2017, to reform the biodiesel tax credit and extend the incentive for three years. The bill, the American Renewable Fuel and Job Creation Act of 2017, extends the clean-fuel incentive for three years and reforms the incentive by transferring the credit from the blenders to the producers of biofuels. For more of this story, click here.
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