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Tax break * USA - For biodiesel could be extended until 2017
Washington,DC,USA -Land Line Magazine -March 15, 2007: -- Producers of biodiesel could continue to get tax breaks until 2017, and federal officials say that will help ensure a competitive price at the pump for renewable fuels... A bill introduced Wednesday, March 14, in the U.S. Senate would extend the existing $1-per-gallon federal excise tax credit and income tax credit on pure biodiesel by 10 years... The intent of the law, which dates back to 2004, has been to entice producers to build more plants and add capacity, National Biodiesel Board spokeswoman Amber Pearson told...
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