The Great Lakes Zephyr - Wind Energy & Hydrogen Journal

Dear NBB Member: The National Biodiesel Board (NBB) and American Soybean Association (ASA) praised today Senate Finance Committee Chairman Chuck Grassley (R-IA) and Ranking Member Max Baucus (D-MT) for introducing legislation to extend the biodiesel tax incentive. The Grassley/Baucus bill, S. 2401, extends popular alternative energy tax incentives, such as the biodiesel excise and income tax incentive for biodiesel and biodiesel blends. It also gives a one-year extension until 2010 to a tax credit for the cost of installing pumps that offer a 20 percent blend of biodiesel (B20). Read the news release, ASA and NBB Applaud Legislation to Extend Biodiesel Tax Incentive for more details. Sincerely, Jenna Higgins Director of Communications National Biodiesel Board (800) 841-5849