The U.S. Senate yesterday voted by a margin of 82-36 to pass the American Workers, State and Business Relief Act, which included H.R. 4213. That bill includes a one year extension of the biodiesel excise tax credit and the alternative fuel mixture credit.
Producers reacted with a sign of relief and reportedly have re-commenced or ramped up production in response to the news.
For more background on the biodiesel and alternative fuel excise tax credits, please check out our recent podcast on Lexis-Nexis.
[...] Alternative Fuels Tax Credits Extended « Renewable Energy Memo [...]
Pingback by Hawaii House Blog: Bills of interest for Thursday, March 11, 2010 | Educational Hawaii — March 11, 2010 @ 8:26 pm
[...] 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 [...]
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