Sens. Grassley and Cantwell introduce biodiesel tax credit extension bill

In Washington, Sens. Chuck Grassley (R-Iowa) and Maria Cantwell (D-Wash.) introduced legislation to support the biodiesel industry, continue to broaden America’s energy independence. The bipartisan Biodiesel Tax Credit Extension Act of 2021 would extend the current federal biodiesel tax credit program through 2025.

As former chairman of the Senate Finance Committee, Grassley led the effort to include several temporary tax policies in the 2019 year-end spending package including the multi-year extension of the Biodiesel Tax Credit through 2022.