Tag: biodiesel tax credit

Grassley, Wyden announce taskforces to find solutions to temporary tax policy

Grassley, Wyden announce taskforces to find solutions to temporary tax policy

May 19, 2019 |

In Washington, D.C., U.S. Senate Finance Committee Chairman Chuck Grassley of Iowa and Ranking Member Ron Wyden of Oregon announced the formation of several bipartisan taskforces to examine temporary tax provisions that expired, or will expire, between December 31, 2017 and December 31, 2019 – a total of 42 provisions – including biofuel related ones […]

Read More

Federal grand jury indicts two Colorado business owners for biodiesel tax credit scam

Federal grand jury indicts two Colorado business owners for biodiesel tax credit scam

June 20, 2018 |

In Colorado, a federal grand jury for the District of Colorado has returned an indictment, which was unsealed Wednesday, charging two Colorado business owners with conspiring to defraud the United States and to commit money laundering, money laundering and filing false claims, announced Principal Deputy Assistant Attorney General Richard E. Zuckerman of the Justice Department’s […]

Read More

House votes to extend ethanol, biodiesel, renewable diesel tax credits; Senate drops biofuels-slashing omnibus bill

House votes to extend ethanol, biodiesel, renewable diesel tax credits; Senate drops biofuels-slashing omnibus bill

[ 0 ] December 17, 2010 |

In Washington, the US House of Representatives voted by a 277 to 148 margin to approve the Obama tax deal, which extends the ethanol tax credit through 2011, and retroactively extends the biodiesel tax incentive and the renewable diesel incentive through 2011. The bill also renewed the 54-cent tariff on Brazilian ethanol through 2011. The bill will […]

Read More