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The Big, Big Package: What's under the Christmas Tree for the Bioeconomy, in the $1.4T New Spending Bill? – Advanced BioFuels USA - Vimarsana News

The Big, Big Package: What's under the Christmas Tree for the Bioeconomy, in the $1.4T New Spending Bill? – Advanced BioFuels USA

by Jim Lane (Biofuels Digest)  The $1.4 trillion spending package includes appropriation for Fiscal Year 2021, the COVID stimulus package, extensions of popular tax credits that otherwise expired on December 31st, and the Energy Act of 2020, a $35B version of a larger energy bill that has been drifting around in Congress since 2016. … As Fuels America noted, “the new omnibus appropriations and COVID-19 relief package extends key tax provisions for low-carbon biofuels and explicitly authorizes the USDA to deliver on long-awaited aid for biofuel producers.” One Hill observer added, “Th...

The Big, Big Package: What's under the Christmas Tree for the Bioeconomy, in the $1.4T new spending bill? : Biofuels Digest - Vimarsana News

The Big, Big Package: What's under the Christmas Tree for the Bioeconomy, in the $1.4T new spending bill? : Biofuels Digest

In Washington, a huge year-end spending package passed Congress yesterday. The $1.4 trillion spending package includes appropriation for Fiscal Year 2021, the COVID stimulus package, extensions of popular tax credits that otherwise expired on December 31st, and the Energy Act of 2020, a $35B version of a larger energy bill that has been drifting around in Congress since 2016.  At the White House, the President criticized the bill for wasteful provisions and for insufficient COVID stimulus and called on Congress to amend the legislation, but stopped short of a veto threat. Without the Preside...