House goal: Pass biodiesel bill by Memorial Day

Des Moines Register
Blog post by Philip Brasher • pbrasher@dmreg.com • April 14, 2010

The biodiesel subsidy could be back by this summer. The $1-a-gallon tax credit expired at the end of 2009 and remains lapsed while House and Senate negotiators try to agree on the final version of a tax bill that would include an extension of the provision.

The chairman of the House Ways and Means Committee, Michigan Democrat Sander Levin, told reporters today that the goal is to have the final bill done by Memorial Day.

The House and Senate have been at odds over how to pay for the various tax credit extensions that the legislation contains. Levin said the main obstacle is the need to get a filibuster-proof 60-vote margin in the Senate.

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