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Legislation Extends Biodiesel Tax Credit

Bills would provide biodiesel and renewable diesel industry certainty for additional three years

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Members on Capitol Hill introduced the bicameral, bipartisan Biodiesel Tax Credit Extension Act of 2021 which would extend the current federal biodiesel tax credit program through 2025, reports Farm Progress.

The bills announced in both the U.S. Senate and House would provide the biodiesel and renewable diesel industry certainty for an additional three years, supporting continued growth in U.S. production of better, cleaner fuels that are reducing carbon emissions now and boosting rural economies, the National Biodiesel Board says.

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