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Old 06-03-2008, 02:17 PM
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Just a little info

Biodiesel Benefits from Legislative Progress

Last month, the Farm Bill became law when Congress successfully overrode the President's veto. Among its many provisions, the legislation reauthorizes the Commodity Credit Corporation (CCC) Bioenergy Program and provides $300 million from Fiscal Year (FY) 2009 through FY 2012 in funding for the initiative. This important program provides support to biodiesel producers to help offset high feedstock costs. In addition, the Farm Bill also continues funding for the USDA Biodiesel Education Program to increase the awareness and ultimately utilization of biodiesel.

In addition, the U.S. House approved H.R. 6049, the Energy and Tax Extenders Act of 2008. Among its many provisions, the legislation extends the biodiesel tax incentive through Dec. 31, 2009. Under the bill, the $1 per gallon incentive would be available for all biodiesel, regardless of feedstock. H.R. 6049 also shuts down the "splash and dash" loophole that currently allows foreign-produced fuel to enter the U.S, claim the biodiesel tax incentive, and be shipped to a third country for end use. Lastly, H.R. 6049 properly defines the renewable diesel tax incentive as it applies to co-processed renewable diesel.
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Just a little FYI from the National Biodiesel Board
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Old 06-03-2008, 04:22 PM
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indebt has a very good reputation on FTE.indebt has a very good reputation on FTE.indebt has a very good reputation on FTE.
whos pays the 300 mil
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Old 06-03-2008, 04:38 PM
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You do.
Did you expect any different.
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Old 06-03-2008, 04:45 PM
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Thats what are taxs are for. We all get screwed from it. Well maybe we know where some of our money goes.
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2005 F350 6.0 lariat supercab 4x4 long bed zf6 speed and a real work horse--Burning B100 on nice days and B50 when there is a chill in the air
Mod's-BD exhaust brake-Dura flaps-Piaa back up lights-C-Betr mirrors
-Midwest short throw shifter-Splitz lift-Wilson cell antenna & Amp--Isspro ev gauges-fuel-pyro-ebp
1999 EB expedition (Wife's)
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Old 06-03-2008, 04:45 PM
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