NFU Thanks Ag Secretary for Call to Bring Biodiesel Tax Credit Back

NFU Thanks Ag Secretary for Call to Bring Biodiesel Tax Credit Back

Johnson says they will continue working with Congress to reestablish tax incentive.

During his address to USDA's annual Agricultural Outlook Forum U.S. Ag Secretary Tom Vilsack called on Congress to reestablish the expired biodiesel tax credit, citing it as a job creator in rural America. The dollar per gallon tax credit expired at the end of 2009. National Farmers Union President Roger Johnson on Friday thanked the Secretary for recognizing the importance of the blenders' tax credit for future development and delivery of biodiesel.

 

NFU has long supported the tax credit for biodiesel, recognizing the role tax incentives play in making biodiesel available to consumers. Johnson says they'll continue to work with Congress to emphasize the importance of the credit to America's farmers and ranchers.

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