May 28, 2010

House Passes Biodiesel Tax Credit

Today the House of Representatives passed H.R. 4213, the American Jobs and Closing Tax Loophole Act, that contained a one year retroactive extension of the biodiesel tax credit. The bill, which just yesterday appeared to be stalled till after the Memorial Day recess, passed by a vote of 215-204.

The Senate is expected to consider the bill after the recess.

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