Capitol Hill Event in Support of Biodiesel & Natural Gas Tax Credit Extensions


The National Biodiesel Board will hold a press event to urge Congress’ quick action on HR 2089 – legislation to extend the biodiesel tax credit through 2019.

Rep. Abby Finkenauer (D-IA) and Rep. Mike Kelly (R-PA) are the lead sponsors of the bill that was introduced earlier this month in the House of Representatives.

Senate Finance Committee Chairman Chuck Grassley R-IA) is scheduled to speak at 9:30 AM.

Grassley and Senator Ron Wyden (D-OR) have introduced a more broadly-based companion bill in the US Senate, S. 617, that will extend 29 currently expired tax incentives, including the alternative fuels tax credit for biodiesel and for CNG and LNG used as motor vehicle fuel. The legislation extends the tax credits that expired on December 31, 2017 retroactively for 2018 and through calendar year 2019.

Location

US Capitol Building
US Capitol Building
Washington DC

Loading Map....