Biodiesel tax credit expected to pass US House today

Biofuels Digest
May 25, 2010 Jim Lane

In Washington, the biodiesel tax credit is expected to reach the floor of the US House of Representatives for a vote today, having been introduced by the chairman of the House ways and means committee chair Sandor Levin, as well as the chairman of the Senate Finance committee Max Baucus.

The bill extends the biodiesel tax credit through the end of the year, and if, as expected, it passes, it will reach President Obama for signature prior to Memorial Day.

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