House passes renewables tax credit extenders package 378-46

December 4, 2014 |

In Washington, the House of Representatives has voted 378-46 to approve a $44.7 billion package to extend the $1 per gallon tax credit for biodiesel, the $1/gallon credit for biomass-based diesel, and the 10 cents per gallon agri-biodiesel producer credit for a total cost of $1.3 billion from 2015-2024. The bill likewise would extend through 2014 the 50 cents per gallon excise tax credit for alternative fuel and the cellulosic biofuels producers’ credit. The vote was set for Thursday.


Print Friendly, PDF & Email

Tags: , ,

Category: Policy

Thank you for visting the Digest.