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...

House Passes Tax Extenders Bill: Biodiesel and Fuel Mixture Credit Extensions Included

The House on Friday by a narrow margin passed H.R. 4213, extending various unemployment benefits and stimulus programs along with a basket of tax credits that included the biodiesel tax credit and the alternative fuel mixture credit . (House Committee bill summary ). Although both liquid fuel credits...