AG POLICY NEWS
Tue Apr 1, 2014 12:33 PM CDT

STREATOR, Ill. (DTN) -- The U.S. Senate Finance Committee will consider reinstating tax incentives for two years for biodiesel and other advanced biofuels in a markup scheduled Thursday, April 3.

The committee, chaired by Ron Wyden, D-Ore., released a description Tuesday that includes four biofuel-related extensions of credits that expired Dec. 31, 2013, that would be retroactive to the start of this year and extended for two years.

The biofuels incentives, all of which would be extended to Dec. 31, 2015, include:

-- The incentives for biodiesel and renewable diesel, which provide a $1 per gallon tax credit.

-- The ...

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