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Tax Credits Renewable Fuel Biofuel

Brownstein Hyatt Farber Schreck

Sustainable Aviation Fuel Hits the Runway with Farm-to-Fly Bills

On Jan. 22, Sens. Jerry Moran (R-KS), Amy Klobuchar (D-MN), Joni Ernst (R-IA), Tammy Duckworth (D-IL) and Chuck Grassley (R-IA) introduced the Farm to Fly Act (S.3637) in the Senate. The purpose of the bill is to enable...more

Opportune LLP

Battle Of The Biofuels: Renewable Diesel Vs. Biodiesel

Opportune LLP on

Find out why knowing the difference between renewable diesel and biodiesel can go a long way in understanding the benefits of each....more

Faegre Drinker Biddle & Reath LLP

Tax Extenders Deal Retroactively Includes Key Biofuels Credit, Drops Others

A last-minute deal to extend several expired and expiring tax provisions was reached among House, Senate and Trump administration negotiators, ending months-long speculation about the package. The deal, which includes a...more

Bergeson & Campbell, P.C.

Taxpayer Certainty And Disaster Tax Relief Act Of 2019 Introduced To House Ways And Means Subcommittee

On June 18, 2019, Representative Mike Thompson, (D-CA), Chair of the House Ways and Means Subcommittee on Select Revenue Measures, introduced the Taxpayer Certainty and Disaster Tax Relief Act of 2019. ...more

Bergeson & Campbell, P.C.

Members Of Congress Submit Letter On Biofuel Tax Credits To Speaker Of The House And Chair Of The House Committee On Ways & Means

On June 3, 2019, 19 members of Congress submitted a letter to U.S. Speaker of the House, Nancy Pelosi (D-CA), and Chair of the House Committee on Ways & Means, Richard Neal (D-MA), addressing the expired Second-Generation...more

Faegre Drinker Biddle & Reath LLP

EPA Caps Busy Week for Biofuels With Release of Renewable Volume Obligations

On November 30, the EPA released its final rule for 2019/2020 renewable volume obligations (RVOs) for the Renewable Fuel Standard. The move establishes the marketplace for ethanol and other renewable fuels for the coming...more

Bergeson & Campbell, P.C.

NBB Focuses On Extension Of $1-Per-Gallon Tax Credit Over Conversion

On May 25, 2018, the National Biodiesel Board (NBB) dropped its nearly decade long pursuit to convert a $1-per-gallon tax credit for biofuel blenders to an equivalent credit for producers. NBB originally sought to change the...more

Bergeson & Campbell, P.C.

Congress Approves U.S. Blender’s Credit For 2017

As explained in the notice issued by Neste, a member of the Biobased and Renewable Products Advocacy Group (BRAG®), with President Trump’s signing of the Bipartisan Budget Act of 2018 (H.R. 1892), the blenders tax credit was...more

Bergeson & Campbell, P.C.

NBB Meets With Congress On Biodiesel Tax Incentive

On June 20, 2017, the National Biodiesel Board (NBB) announced that nearly 100 biodiesel advocates from across the country visited Capitol Hill to urge Congress to bring back the biodiesel tax incentive as proposed in both...more

Bergeson & Campbell, P.C.

Bipartisan Bill Introduced To Reform The Biodiesel Tax Credit

On April 26, 2017, a bipartisan bill was introduced in the U.S. Senate to reform the biodiesel tax credit and extend the new policy for three years. The American Renewable Fuel and Job Creation Act of 2017, which was...more

Bergeson & Campbell, P.C.

IRFA Concerned By Bill To Cap Iowa Biofuel Tax Credits

On April 13, 2017, the Iowa Renewable Fuels Association (IRFA) released a statement regarding the passage of a bill, HSB 187, by the Iowa House Appropriations Committee that would cut the value of the Iowa biofuels tax...more

Bergeson & Campbell, P.C.

Bill To Extend Biodiesel Tax Credit Introduced In The House of Representatives

On September 12, 2016, the Biodiesel and Renewable Diesel Incentive Extension Act of 2016 (H.R. 5994) was introduced to the House of Representatives and referred to the House Committee on Ways and Means. The bill was...more

Bergeson & Campbell, P.C.

Six Biofuel Trade Associations Write Congress To Extend Advanced Biofuel Tax Credits

On April 5, 2016, the biofuel trade associations Advanced Biofuels Business Council, Algae Biomass Organization, Biotechnology Innovation Organization (BIO), Growth Energy, National Biodiesel Board, and Renewable Fuels...more

Stoel Rives LLP

Biofuels Law Alert: IRS Addresses the Identity of the "Producer" in Contract Manufacturing Arrangements

Stoel Rives LLP on

Last week the IRS released an internal memorandum addressing which of the parties to a contract manufacturing arrangement for biodiesel is treated as the “producer” of the biodiesel for certain federal tax purposes....more

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