Home » News
Filter by category:

Tax Extenders including Biodiesel Tax Credit Still in Limbo


Congress is still debating on what to do with a government spending bill, tax extenders, a retirement bill and technical fixes to the GOP’s “Tax Cuts and Jobs Act.” Currently, government funding expires on November 21 and it is likely that Congress will pass a short-term extension into December. If this occurs, Congress could approve the remaining full year appropriations bills for the Fiscal Year and attach a tax extenders, retirement fixes and technical fixes to the GOP’s Tax Cuts and Jobs Act before Christmas, which will likely include a retroactive extension of the biodiesel blender’s tax credit, at least through 2019, as well as a prospective renewal of the oil spill liability tax (OSLT). The good news is that the biodiesel blenders tax credit enjoys bipartisan support as this remains a top priority for Senate Finance Committee Chair Chuck Grassley (R-IA).

Additionally, 40 House democrats gave their stamp of approval on renewing the biodiesel tax credit this week. Click here to urge your members of Congress to renew the $1 per gallon biodiesel blender’s tax credit.


Tax Federal

RINAlliance EMC Insurance HEALTHAlliance Unified Contracting Services LMC Insurance & Risk Management Renewable Energy Group Seneca Companies Otter Creek Country Stores, Inc Altria PMMIC Insurance Heartland Payment Systems Cylinder Express Seneca Tank Sinclair Federated Insurance Kwik Star McGowen, Hurst, Clark & Smith PC Community Oil Company Flint Hills HollyFrontier Delta Dental HTP Energy Milliman Iowa Renewable Fuels Association Cenex Phillips 66 Growmark Energy McDermott Oil Co Rainbo Oil Company Molo Petroleum Shell Land Mark Products Valero Wellmark Central Bank Reif Oil Farner-Bocken Company a Division of Core-Mark Iowa Lottery
PMCI Facebook PMCI Twitter PMCI LinkedIn
Home   |    About FUELIowa   |    Site Map   |    Privacy   |    Contact Us   |    ©2019 FUELIowa, All Rights Reserved
10430 New York Ave., Suite F, Urbandale, IA 50322-3773   |    P. 515.224.7545   |    F. 515.224.0502
About FUELIowa
Site Map
Contact Us
10430 New York Ave., Suite F, Urbandale, IA 50322-3773
P. 515.224.7545
F. 515.224.0502
©2019 FUELIowa, All Rights Reserved