Tag: tax break

Aemetis receives $12.7 million tax break from California

Aemetis receives $12.7 million tax break from California

January 17, 2019 |

In California, Aemetis, Inc. announced that the California Alternative Energy and Advanced Transportation Financing Authority (CAEATFA) awarded the Aemetis Riverbank Advanced Biofuels Project an exclusion from the payment of California sales and use taxes valued at $12.7 million.  The CAEATFA financial assistance program provides for up to $100 million per year of California state funding […]

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Senate committee approves tax break extension but seeks permanence

Senate committee approves tax break extension but seeks permanence

April 3, 2014 |

In Washington, the Senate Finance Committee has approved the extensions to biofuel tax credits, but the committee’s chairman has said that the industry must make its case to Congress in order to secure permanent tax credits because he won’t let his committee approve any more temporary extensions.

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Senate Finance Committee to look at extending biofuel tax breaks

Senate Finance Committee to look at extending biofuel tax breaks

April 2, 2014 |

In Washington, the Senate’s finance committee will take a look at the cellulosic biofuels and biodiesel tax breaks on Thursday as part of the “tax extenders package”. The 50% depreciation tax reduction on cellulosic biofuels would be reinstated and extended while the $1.01 per gallon production tax credit would be retroacted and extended through 2015.

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