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NewsMarch 18, 2010

Senate Passes Biodiesel Tax Credit Extension

The legislation (H.R. 4213) provides a one-year retroactive extension of the $1-per-gallon biodiesel tax incentive.

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NewsFebruary 24, 2010

NBB Urges Congress to Promptly Extend Biodiesel Tax Incentive

WASHINGTON - Manning Feraci, the National Biodiesel Board's (NBB) vice president for Federal Affairs, issued a statement in the wake of the Senate's procedural vote on Jobs legislation.

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NewsFebruary 17, 2010

NBB Disappointed by Delay in Extending Biodiesel Tax Incentive

WASHINGTON - The decision to delay Senate consideration of an extension of the biodiesel tax incentive is certain to have a negative impact on the domestic biodiesel industry.

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NewsJanuary 28, 2010

NAFA Requests a Restoration of the Federal Tax Credit for Biodiesel

NAFA is encouraging fleet professionals to write to their local senators in support of extending the tax credit for biodiesel, which expired Dec. 31, 2009.

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NewsJanuary 28, 2010

Mich. Lawmakers Propose 40% Diesel Tax Increase

LANSING, MI - Michigan lawmakers have proposed a 6-cent increase in the state's diesel tax to help pay for road improvements.

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NewsJanuary 28, 2010

NAFA Requests a Restoration of the Federal Tax Credit for Biodiesel

PRINCETON, NJ - NAFA Fleet Management Association is urging fleet management professionals to write their local Senators in support of extending the tax credit for biodiesel, which expired December 31, 2009.

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NewsJanuary 5, 2010

Biodiesel Industry Suffers as Tax Credit Ends

OKLAHOMA CITY - With the expiration of a federal tax credit that provided makers of biodiesel $1 for every gallon, some U.S. biodiesel producers say they will shut down without the government subsidy.

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NewsDecember 23, 2009

NBB Releases Study on Critical Importance of Biodiesel Tax Credit

WASHINGTON - The National Biodiesel Board (NBB) released a study conducted which examined the economic impact of the biodiesel industry and the negative consequences of allowing the credit to lapse. The biodiesel tax incentive is currently set to expire on December 31, 2009.

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NewsNovember 19, 2009

U.S. Tax Code Offers Opportunity for up to $250,000 Tax Deduction for Work Truck Purchases

Internal Revenue Code, Section 179, may allow an immediate deduction of the cost of certain capital machinery and equipment, including work trucks.

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NewsNovember 2, 2009

NAFA Seeks Tax Credits for Green Fleets

PRINCETON, NJ - NAFA recently sent a proposal to the U.S. Senate Finance Committee and House Ways and Means Committee to help state and local government fleets get federal tax credits for using clean fuel or low-emission vehicles.

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