Tag Archives: excise tax credits

Alternative Fuels Industry Still Waiting for Tax Extenders Reconciliation

After the House and Senate passed bills including an extension of the alternative fuel mixture and biodiesel tax credit program, alternative fuel producers assumed that Congress would act quickly to put the legislation into a form that could be signed … Continue reading

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Alternative Fuels Tax Credit Extended

The U.S. Senate yesterday voted by a margin of 82-36 to pass the American Workers, State and Business Relief Act, which included H.R. 4213.  That bill includes a one year extension of the biodiesel excise tax credit and the alternative … Continue reading

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Senate Expected to Vote of Biodiesel and Alternative Fuel Tax Credit Extensions This Week

On Friday, March 5, 2010, Senate Majority Leader Harry Reid (D. NV) filed a motion for cloture on H.R. 4213, the House tax extenders bill, which includes an extension of the biodiesel tax credit and alternative fuel mixture tax credit … Continue reading

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Senate Passes Jobs Bill Without Alternative Fuel Tax Credit Extension

The Senate voted yesterday to move  forward with Senator Reid’s stripped-down version of the Hiring Incentives to Restore Employment Act.  The bill could be voted upon by the Senate by the end of the week.  Reid’s version of the bill, … Continue reading

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Senate Jobs Bill Rescuscitates Alternative Fuel Credit

 Senate Finance Committee Chairman Max Baucus, D-Mont., and Ranking Member Chuck Grassley, R-Iowa, last week released a draft of their Hiring Incentives to Restore Employment (HIRE) Act. The bill contains a number of provisions intended to spark new hiring, including … Continue reading

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Administration Announces New Program to Promote Biofuels and Renewable Energy (RFS2; Carbon Sequestration; Biomass Crop Assistance Program)

President Obama today announced a series of steps as part of a comprehensive strategy to enhance American energy independence and build a foundation for a new clean energy economy. The administration believes that the strategy will create new industries and … Continue reading

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