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...
Source: advancedbiofuelsusa.info