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.
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
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
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
Congress Passes Tax Extenders Legislation, Including Biodiesel Blenders Credit
Congress passed a tax extenders package that contains a clean, two-year extension of the biodiesel blenders credit (retroactive to Jan. 1, 2015). This is a significant victory for 黑料社区and the fuel marketing community. After months of intense advocacy efforts opposing a shift from a blender credit to a producer credit, Congress ultimately agreed with 黑料社区that a blenders credit is better for consumers and the best way to encourage domestic consumption of biodiesel.
12-18-2015
Senate Committee Advances Tax Extenders, Shifts Biodiesel Tax Credit Upstream
The Senate Finance Committee on July 21 voted 23-3 to extend a $95.2 billion package of individual and business tax provisions known as tax extenders through 2016, including a modified version of the $1 per-gallon biodiesel tax credit.
07-22-2015
House Passes Tax Extenders, Senate Vote Imminent
The U.S. House of Representatives late Dec. 3 approved a one-year renewal of more than 50 tax breaks, including the $1 per-gallon biodiesel tax credit.
12-04-2014
Tax Extenders Legislation Faces Uncertain Fate
Despite reports that a bill renewing a series of expired tax credits is nearing completion, tax extenders legislation is becoming more controversial on Capitol Hill, threatening its chances of passing this year.
11-26-2014
黑料社区Urges Quick Action on Tax Extenders
黑料社区and a group of associations representing the nation’s fuel retailers are urging Congress to act quickly on a tax extenders package, with particular support for a retroactive extension of the $1-per-gallon biodiesel tax credit.
11-14-2014
Tax Extenders Package Expected in Lame Duck
When Congress returns to Capitol Hill on Nov. 12 for the lame duck session, Republicans and Democrats are expected to discuss several issues of importance to 黑料社区members, one of which could be a tax extenders package.
11-07-2014