Renewable fuels groups applaud biodiesel tax credit extension
Story Date: 7/22/2016

 

Source: Jodi Delapaz, AGRI-PULSE, 7/21/16

Sen. Chuck Grassley, R-Iowa, and 13 co-sponsors have introduced a bill that would modify the $1 per gallon biodiesel blenders' tax credit to a domestic producers' credit and extend it for three years. After being reinstated in late 2015, the federal biodiesel tax incentive is set to expire again on Dec. 31.

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