Extension of Liquid Fuel Tax Credits Still Not Resolved

Both the Senate and the House have passed bills that would extend for one year the $1-per-gallon tax credit for alternative biofuels and biodiesel but the chairman of the House Ways and Means Committee, Representative Sander Levin (D-MI), said recently that it may be Memorial Day before differences in...

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...