Legislation Introduced to Extend Biodiesel Blenders' Tax Credit

On Sept. 13, Rep. Diane Black (R-Tenn.) introduced H.R. 5994, legislation that would extend for two years through 2018 the biodiesel blenders' tax credit. NATSO has worked closely with Rep. Black's office on this legislation, and has expressed its support for the bill.
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On Sept. 13, Rep. Diane Black (R-Tenn.) introduced H.R. 5994, legislation that would extend for two years through 2018 the biodiesel blenders' tax credit. NATSO has worked closely with Rep. Black's office on this legislation, and has expressed its support for the bill. 

The biodiesel blenders' tax credit is slated to expire at the end of this year.  Congress may consider tax legislation, including H.R. 5994, during a lame duck session of Congress in December. In the event that the credit is allowed to expire at the end of this year, NATSO will continue advocating in 2017 for a two-year extension, retroactive to Jan. 1 2017.

 
 

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