The omnibus appropriations bill that’s already won approval in the House of Representatives doesn’t reinstitute the biodiesel tax credit. Kurt Kovarik, National Biodiesel Board VP of Federal Affairs, says his organization is disappointed that Congress once again hasn’t provided pro-growth tax certainty for a domestic energy industry that has broad bipartisan support. “The lack of urgency by Congress to extend …
Bill Introduced to Reform Biodiesel Tax Credit
Senators Chuck Grassley and Joni Ernst of Iowa, along with a bipartisan group of 14 other senators, introduced a bill that would be designed to reform the biodiesel tax credit and extend the new policy for three years. Grassley and Washington Democrat Maria Cantwell are the chief authors of the American Renewable Fuel and Job Creation Act of 2017. The …