News

Iowa Legislators Considering Biodiesel Tax Credit Bill

Iowa Legislators Considering Biodiesel Tax Credit Bill

Photo: WNAX

Iowa Biodiesel Board members are hoping State lawmakers approved a Senate measure to allow for a state biodiesel tax credit.  Iowa Biodiesel Board Executive Director Grant Kimberley says the credit is needed to provide certainty for the industry and especially with the national credit expiring last year and still in limbo this year.

Kimberley says this measure would extend the state’s biodiesel tax credit to five years. The present one year credit that’s in place expires at the end of 2014. Kimberley says he’s optimistic about the bill’s chances although they still have some hurdles to overcome.

Kimberley says there’s been no opposition seen so far on the biodiesel tax credit extension.  Iowa is the nation’s leading biodiesel producer with 12 plants operating with a capacity to produce 320 million gallons.

Recent Headlines

in Local

Wanted: Marina Operator

Boater

The current lease for the operation of the marina at the Lewis and Clark State Recreation Area is set to expire at the end of this year, and the South Dakota Department of Game, Fish and Parks is looking for someone interested in taking over.

in Local

Transportation Bill Is Short Term Fix

Road Construction

Before adjourning earlier this month, Congress passed another short term transportation bill. That bill continues the bulk of funding for highway construction projects across the country, but only until next spring.

in Local

District 40 Candidates Debate

WP-Microphone

The two candidates for the District 40 Senate seat in the Nebraska Unicameral debated this week in Hartington.

in Local

Raise For Social Security Recipients

Money Coins

Folks on Social Security will see a one point seven percent increase in their benefits starting on January first.

in Local

Group Studies Iowa Businesses

employment help wanted

A group that seeks to place women in top jobs has announced plans for a first-of-its-kind study of the state's businesses.