The industry struggles as it waits for Congress to reinstate the biodiesel tax incentive, which was incorporated into H.R. 4213.
WASHINGTON - A $1-per-gallon biodiesel tax credit that expired Dec. 31 would be extended under legislation that passed the U.S. House of Representatives.
LAS VEGAS - In the fifth month without the biodiesel tax credit, National Biodiesel Board (NBB) CEO Joe Jobe renewed his call for Congress to put Americans back to work immediately by retroactively reinstating the expired tax incentive.
SAN FRANCISCO - Hundreds of workers at State Compensation Insurance Fund face a bigger income tax bill next year because their employer didn't understand the law for reporting company vehicle use, according to the Sacramento Bee.
The legislation (H.R. 4213) provides a one-year retroactive extension of the $1-per-gallon biodiesel tax incentive.
WASHINGTON - Manning Feraci, the National Biodiesel Board's (NBB) vice president for Federal Affairs, issued a statement in the wake of the Senate's procedural vote on Jobs legislation.
WASHINGTON - The decision to delay Senate consideration of an extension of the biodiesel tax incentive is certain to have a negative impact on the domestic biodiesel industry.
NAFA is encouraging fleet professionals to write to their local senators in support of extending the tax credit for biodiesel, which expired Dec. 31, 2009.
LANSING, MI - Michigan lawmakers have proposed a 6-cent increase in the state's diesel tax to help pay for road improvements.
PRINCETON, NJ - NAFA Fleet Management Association is urging fleet management professionals to write their local Senators in support of extending the tax credit for biodiesel, which expired December 31, 2009.
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