The National Biodiesel Board is poised to celebrate
certainty for the Biodiesel Tax Credit absent for more than a decade.
Kurt Kovarik with NBB says he’s confident Congress will vote in favor of a year-end funding bill that includes a five-year extension for the biodiesel tax incentive.
“It’s been lapsed since the end of 2017, so two of these years are actually retroactive for 2018 and 2019. But then it also provides three years of prospective credit out through 2022.”
He tells Brownfield the longest the Biodiesel Tax Credit has ever been in place uninterrupted was in the three years following its creation in 2005.
Continue reading Biodiesel Tax Credit on path to certainty at Brownfield Ag News.
