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

Democrats Trying To Improve Performance

vote

Democratic activists from across the state are coming together in an effort to better prepare future candidates for election success.

in Local

Yankton Sales Tax Trend Positive

MoneyDollarsCoins

The positive sales tax trend for the City of Yankton is continuing.

in Local

Rounds Looking Forward To January

rounds

South Dakota Senator-elect Mike Rounds says he is glad the campaign is over, and he is looking forward to January in Washington.

in Local

Noem Opposes President’s Immigration Order

Kristi Noem 20513

President Obama told the American people that the time to change the nation's immigration system is now, and he's taking action to make that happen.

in Local

Gas Tax Increase Possible In Iowa

gaspump2

Iowa Governor Terry Branstad says he's open to considering all options that might boost the amount of money available to fix Iowa's roads and bridges.