Rep. Kristi Noem introduces Biodiesel Tax Incentive Reform and Extension Act of 2016. 

In Washington, Rep. Kristi Noem introduced the Biodiesel Tax Incentive Reform and Extension Act of 2016. This legislation would extend the $1-per-gallon tax credit for biodiesel through the end of 2019 and reform the credit so it is only used for fuel produced in the U.S.

“South Dakota can play a meaningful role in fueling our future,” said Noem.  “Increased energy independence is essential to strengthening both economic opportunities and our long-term national security needs.  By continuing our commitment to renewable fuels like biodiesel, we can reduce our reliance on foreign fuels from volatile areas of the world and put that energy back into our own economy.” Rep. Noem introduced similar legislation in 2015, and an extension of the credit was included in a year-end tax deal.