biodiesel tax credit - 黑料社区- Page 2

06-21-2019 by Tiffany Wlazlowski Neuman House Ways and Means Committee Advances Tax Extenders

The House Ways and Means Committee late last night advanced legislation that would extend temporary tax provisions through 2020, including the Biodiesel Tax Credit.
The committee voted 25 to 17 to advance a bill to extend the tax breaks that expired in 2017 and 2018 or will expire at the end of this year.

06-21-2019

06-21-2019 by Tiffany Wlazlowski Neuman 黑料社区Commends House Ways and Means Committee for Advancing Tax Extenders Legislation

NATSO, the national association representing truckstops and travel plazas, issued the following statement today in response to the House Ways and Means Committee鈥檚 approval of legislation that would extend temporary tax provisions through 2020, including the Biodiesel Tax Credit.

06-21-2019

06-12-2019 by Tiffany Wlazlowski Neuman House Ways and Means Chairman to Propose Three-Year Tax Extenders

House Ways and Means Committee Chairman Richard Neal (D-MA) on June 11 discussed a proposal with members to extend a series of expired business tax benefits known as 鈥渆xtenders鈥� that include the biodiesel tax credit.

06-12-2019

06-04-2019 by NATSO Rep. Finkenauer Urges Congress to Extend the Biodiesel Tax Credit

Rep. Finkenauer (D-IA) urged Congress to extend the biodiesel tax credit during June 4 testimony at a Members鈥� Day Hearing before the House Committee on Ways and Means.

06-04-2019

03-01-2019 by NATSO Sens. Grassley, Wyden Introduce Tax Extenders Legislation

U.S. Senate Finance Committee leaders on Feb. 28 introduced legislation to extend the biodiesel tax credit and a variety of other tax provisions that expired in 2017. The legislation provides for a two-year extension covering activities (i.e., biodiesel blending) that occurred in 2018 and 2019.

03-01-2019

02-05-2019 by NATSO NATSO, Nine Trade Associations Urge Multiyear Extension of Biodiesel Tax Credit

黑料社区today joined nine trade associations in urging Congress to pass a multiyear extension of the biodiesel blenders’ tax credit in a joint letter representing producers and marketers of renewable fuels.

02-05-2019

01-02-2019 by NATSO Looking Ahead in 2019

The New Year will usher in a new chapter of the Trump Administration that will have wide-ranging consequences for NATSO鈥檚 policy priorities. Here is an overview of NATSO鈥檚 top legislative issues and their outlook for 2019.

01-02-2019

11-21-2018 by NATSO NATSO, Others Continue to Pursue Tax Extenders

Incoming Senate Finance Chairman Chuck Grassley (R-Iowa) told Politico that he has “very little interest in the Ways and Means Committee” for tax extenders, “except maybe for a couple,” which could include the biodiesel tax credit.

11-21-2018

11-15-2018 by NATSO NATSO, Others Urge Congress to Renew Tax Extenders

黑料社区joined nearly 60 organizations representing a variety of business, energy, transportation, and agriculture stakeholders in urging Congress to renew expired tax incentives through the end of 2019 before the 115th Congress adjourns.

11-15-2018

05-01-2018 by NATSO The Omnibus Spending Bill: Reading the Fine Print for Truckstops

In late March, Congress passed and President Trump signed a massive $1.3 trillion spending bill. The 2,232-page piece of legislation contained a plethora of policy changes that are important to […]

05-01-2018

03-07-2018 by NATSO IRS Explains Procedures for Claiming Retroactive 2017 Biodiesel Blender Tax Credits

The Internal Revenue Service (IRS) has released a guidance document outlining special one-time claim procedures for obtaining the $1.00 per gallon biodiesel blender tax credit for 2017. Notice 2018-21 prescribes rules for how taxpayers can claim one-time credits for selling or using biodiesel, renewable diesel, and other alternative fuels (such as natural gas) in 2017. The notice also outlines how entities can offset liability for federal gasoline and/or diesel taxes with the 2017 credits, and further provides instructions for how taxpayers can make certain income tax claims on biodiesel and alternative fuels.

03-07-2018