Biodiesel Tax Credit Likely to Remain at Blender Level

On December 15, Congress unveiled a massive tax and spending package that will be debated over the remainder of this week. NATSO will be analyzing the thousands of pages of legislation in the coming days, but is pleased to report that some lawmakers' efforts to convert the biodiesel blenders credit to a biodiesel producers credit has failed. 
 
After months of intense advocacy efforts by NATSO and other interested stakeholders, the draft legislation would maintain a biodiesel blenders tax credit for 2015 (retroactive to 2015) and 2016. This represents a significant victory for NATSO and the fuel marketing community. A sincere thanks to NATSO members that contacted their elected representatives over the past several months -- the efforts appear to have paid off.
 
Congress still has to vote on -- and President Obama has to sign -- the tax and spending packages. This is expected to happen later this week. In the event that the packages do not receive sufficient support, Congress's "fallback" tax plan also would maintain a biodiesel blenders credit for 2015 and 2016. 
 
In the coming days NATSO will report on the variety of other important policy items contained in the legislation, including: a repeal of the long-standing crude oil export ban; extensions of alternative fuel (i.e., natural gas) tax credits; and extensions of bonus depreciation and research and development (R&D) tax credits.
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David Fialkov

David Fialkov is the Vice President of Government Relations, as well as the Legislative and Regulatory Counsel, at NATSO. In this capacity, Mr. Fialkov direct's NATSO's legislative, regulatory, and legal strategy on a range of issues, including transportation, energy and fuels, labor, data security, and taxes. Mr. Fialkov also oversees NATSO's political engagement program, including individualized legal and political counsel to member companies. Prior to joining NATSO, Mr. Fialkov was the senior associate in the Government Affairs and Public Policy practice at the law firm of Steptoe and Johnson in Washington, D.C. At Steptoe, Mr. Fialkov advised clients on legislative, regulatory, and political issues, as well as legal concerns. His primary clients included trade associations representing the motor fuel wholesale and retail industries, including the National Association of Convenience Stores and the Society of Independent Gasoline Marketers of America. Mr. Fialkov's focus was not only on the motor fuels business, but also the litany of other issues that retailers confront, including labor matters, foodservice issues, healthcare and employment issues, tax matters and data security. Prior to joining Steptoe, Mr. Fialkov graduated with honors from George Washington University Law School. He received his B.S. Summa cum laude with highest honors from Clark University in Worcester, MA. He lives in Washington, D.C. with his wife Allison and daughter Lilah. More
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