U.S. proposes biodiesel tax credit for producers

By world-grain.com

U.S. congressional leaders have introduced a bipartisan bill that would convert the blender’s credit for biodiesel to a $1-per-gallon production credit for fuels produced in the United States for three years. The bill also provides an additional 10-cent-per-gallon credit for small U.S. biodiesel producers. The previous biodiesel tax credit expired at the end of 2016, and was open to blenders of biodiesel.