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Tax Incentive

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December 4, 2014 - Industry News

U.S. House Extends Alternative-Fuel Tax Credits

The U.S. House of Representatives voted to approve the Tax Increase Prevention Act of 2014, which includes an amendment extending the federal 50-cent per gallon alternative fuels excise tax credits through the remainder of 2014, even though the credits had previously expired at the end of 2013.

Tags: Tax Incentive, U.S. Congress, Alternative Fuels

January 3, 2014 - Industry News

Congress Allows Biodiesel Tax Incentive to Lapse Again

Congress has allowed a biodiesel tax incentive to lapse at year’s end. The $1-per-gallon biodiesel tax incentive expired on Dec. 31. The biodiesel incentive also expired in 2010 and 2012.

Tags: Biodiesel, National Biodiesel Board, EPA, Tax Incentive

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