Released January 3, 2013
Three key tax credits extended for cellulosic biofuels, biodiesel and renewable diesel; playing field leveled for algae; Farm Bill provisions extended, but mandatory funding eliminated for energy title.
Well, the viziers and examiners have completed their go-through on the American Taxpayer Relief Act of 2012 – the fiscal cliff-averting bill that is now awaiting President Obama’s signature.
Four tax provisions were in the bill that positively impact biofuels – and one negative impact in elimination of mandatory energy program funding in the Farm Bill extension.
--continued on BiofuelsDigest.com, http://www.biofuelsdigest.com/bdigest/2013/01/03/the-fiscal-cliff-deal-the-definitive-biofuels-guide/