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 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...