Farm Bureau leads coalition asking Congress for biofuel tax extenders

In Washington, the American Farm Bureau Federation and more than 60 other organizations are urging Congress to extend tax provisions that promote biofuel production, as well as craft breweries, wineries and distilleries.

Among more than 30 temporary tax provisions, commonly known as “tax extenders,” set to expire at the end of the year are a handful important to agriculture. They include tax credits for second-generation biofuel producers; tax incentives for craft breweries, wineries and distilleries; tax credits for alternative fuel and alternative fuel mixtures; and tax credits for alternative fuel vehicle refueling property.