Biodiesel Tax Incentive:
In December 2019, Congress passed a multi-year extension of the biodiesel tax incentive, providing the biodiesel industry a significant and long-sought win – certainty and stability in the tax incentive. In addition to retroactive eligibility for 2018 and 2019, biodiesel and renewable diesel producers can now count on the tax credit for 2020, 2021 and 2022. The incentive plays a key role in supporting growth of the U.S. biodiesel industry, helping biodiesel and renewable diesel producers create jobs.
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