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Extension of Second-Generation Biofuel Tax Credits Supports Innovation and Economic Growth, ...

2013-01-02 06:00:00| Industrial Newsroom - All News for Today

BIO thanked Congress for including extensions and modifications of Second Generation Biofuel Producer Credit and Special Allowance for Second Generation Biofuel Plant Property in final passage of American Taxpayer Relief Act of 2012, which will incentivize investment in cellulosic and algae biofuel production. BIO's Brent Erickson also thanked Congress for enabling algae producers to qualify and noted "Stability in such policies is crucial to maintaining private investment." This story is related to the following:Green & CleanSearch for suppliers of:

Tags: tax growth economic credits

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