Senate Jobs Bill Resuscitates Alternative Fuel Credit

Senate Finance Committee Chairman Max Baucus, D-Mont., and Ranking Member Chuck Grassley, R-Iowa, last week released a draft of their Hiring Incentives to Restore Employment (HIRE) Act . The bill contains a number of provisions intended to spark new hiring, including a social security tax holiday...

Senate Expected to Vote on Biodiesel and Alternative Fuel Tax Credit Extensions this Week

On Friday, March 5, 2010, Senate Majority Leader Harry Reid (D. NV) filed a motion for cloture on H.R. 4213 , the House tax extenders bill, which includes an extension of the biodiesel tax credit and alternative fuel mixture tax credit programs through December 31, 2010. The Senate is expected to vote...

Alternative Fuel Producers Push for 30% Investment Tax Credit

Blue Fire Ethanol and a consortium of 31 other alternative fuel producers have sent a letter to Congress asking for a 30% investment tax credit for biofuels. While alternative fuel producers were encouraged by last week's passage of extenders legislation to extend the alternative fuel mixture and...

Alternative Fuels Industry Still Waiting for Tax Extenders Reconciliation

After the House and Senate passed bills including an extension of the alternative fuel mixture and biodiesel tax credit program , alternative fuel producers assumed that Congress would act quickly to put the legislation into a form that could be signed by the President. It has been more than two...

Guest Blog of the Week: Prospects for Climate & Energy Legislation in Late 2010—Part II

By Meredith Irvin and Erin Book, Managing Directors, SNR Denton In a week-long blog series, Meredith Irvin and Erin Book will summarize the main climate and/or energy proposals that are currently being discussed as we head into the final working days of the 111th Congress. Today’s blog...

State Net Capitol Journal Legislative Updates: Natural Gas Fracking in Ohio and New York

KASICH SIGNS OH FRACKING BILL: Ohio Gov. John Kasich (R) signed sweeping energy legislation last week (SB 315) that among many provisions establishes new rules regulating natural gas drilling procedures in the Buckeye State. But some Republican lawmakers are already planning to challenge the governor...