House revives biodiesel tax credit two years after it expired

Congress is on the verge of retroactive restoration of the $1-a-gallon biodiesel tax credit, a result of the last-minute inclusion of a package of tax breaks in a mammoth government funding bill. The House passed the spending bill, 297-120, on Tuesday, just hours after agreement had been reached on the so-called “extenders” package. The Senate… » Read More

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