New Senate bill would extend 45Z tax credits - Brownfield Ag News

ACE calls for swift implementation of 45Z Clean Fuel Production Credit

ACE comments highlight how the 45Z credit can be leveraged to unlock new markets for farmers and biofuel producers, supporting certainty and economic growth at a time when they have a lot of money on the line. The 45Z credit not only promotes US energy security but can also create good-paying jobs and unlock new markets for farmers and domestic biofuel producers, stated Brian Jennings, CEO of ACE, in the comments. Today, the value of US corn pro…

New Senate bill would extend 45Z tax credits - Brownfield Ag News

New legislation that would extend 45Z biofuel tax credits has been reintroduced in the U.S. Senate. The bipartisan Farmer First Fuel Incentive Act was introduced Thursday by Republican Roger “Doc” Marshall of Kansas and Democrat Amy Klobuchar of Minnesota.  Marshall tells Brownfield turning soybean oil into jet fuel is the best opportunity agriculture has had […] The post New Senate bill would extend 45Z tax credits appeared first on Brownfield …

Growth Energy Welcomes Introduction of 45Z Extension - Oklahoma Farm Report

Growth Energy, the nation’s largest biofuel trade association, welcomed news that Sen. Roger Marshall (R-Kan.) and Sen. Amy Klobuchar (D-Minn.) introduced a bill today that would extend the 45Z clean fuel production tax credit for seven years beyond its current expiration, set for the end of 2027.  “Farmers and businesses need to know this tax credit is here to stay before they can invest in dozens of new energy projects across rural America. Wi…