Iowa congresswoman introduces bipartisan biodiesel tax credit extension bill

In Washington, Congresswoman Abby Finkenauer (IA-01) introduced the Biodiesel Tax Credit Extension Act, a two-year extension of the biodiesel tax credit. Congress had previously extended the tax credit retroactively for 2017 but left it expired for 2018 and beyond. Producers and businesses at every stage of the biodiesel production and consumption process rely on these tax credits to plan their investments, grow their businesses, and pass on the savings to consumers. Finkenauer worked with Democrats and Republicans to develop the legislation.