Congress Passes Tax Reform, But How Does it Affect You?

Republican leaders have reached a final agreement on the comprehensive tax reform package. Both the House and the Senate passed their bills this week, and the measure now awaits formal signature by President Trump. The final agreement sets the corporate tax rate at 21 percent and the top tax rate for individuals at 37 percent. … Read More »

ASA Urges Support of Tax Extenders Bill

In a letter to House and Senate leaders, ASA and fellow farm groups urged Congress to approve a “seamless, multi-year extension of the tax extenders before the end of 2017.” Such a package would include the ASA priority of an extension of the important Biodiesel Tax Credit. The full letter can be accessed at the … Read More »

From the Pages of the ASA Pod Policy Blog: 10 Years of Biodiesel in the RFS

This week marked the 10th anniversary of biodiesel in the Renewable Fuel Standard (RFS). Created under the Energy Policy Act of 2005 and expanded to specifically include biodiesel under the Energy Independence and Security Act of 2007, the RFS was created to expand the nation’s renewable fuels sector while reducing reliance on imported oil. Click … Read More »

National Biodiesel Board Holds Membership Meeting in DC

This week the National Biodiesel Board held its membership meeting in Washington, DC that was attended by numerous soybean grower leaders, state soybean association staff and ASA representatives. The focus of the meeting was on the push to get the biodiesel tax credit reinstated and on the Renewable Fuel Standard (RFS) volume requirements that were … Read More »

Issue Update: Biodiesel Tax Credit, RFS and Trade Case

As the Senate Finance Committee moves forward with the mark-up of comprehensive tax reform, the Republican sponsor and champions of the biodiesel tax credit, including Senators Grassley, Roberts and Thune have indicated that there is not a path for successful inclusion of the biodiesel tax credit in the tax reform package at this time. Senate Finance … Read More »

Commerce Department Imposes Preliminary Antidumping Determination on Biodiesel Imports

This week, the U.S. Department of Commerce issued a preliminary determination on the antidumping trade case filed against biodiesel imports from Argentina and Indonesia. The preliminary determination found that biodiesel imports from Argentina and Indonesia are sold into the United States below fair value, and as a result preliminary duties will be imposed on imports … Read More »

ASA Applauds Congressional Letters on RFS, Submits Comments to EPA

WASHINGTON (October 20, 2017) — The American Soybean Association today applauded the many Senators and House members who signed letters to Environmental Protection Agency Administrator Scott Pruitt urging more robust volume requirements under the Renewable Fuel Standard (RFS) and expressing concern with the EPA Notice of Data Availability (NODA) that contemplates reductions in biodiesel and … Read More »

EPA Action Would Break President’s Promises on Protecting the RFS

Efforts underway from the U.S. Environmental Protection Agency (EPA) to scale back the Renewable Fuel Standard (RFS) would break repeated promises by President Donald Trump to protect the RFS. As part of a Notice of Data Availability (NODA) published by the agency on Oct. 4, EPA signaled that it is contemplating reducing proposed RFS volumes, … Read More »

Strong Action Needed in Response to Potential Roll-back of Biodiesel RFS volumes

The Environmental Protection Agency (EPA) Notice of Data Availability (NODA) was published in the Federal Register requesting comment on potential reductions in Advanced Biofuels and Biomass-based Diesel on Wednesday, Oct. 5.  The American Soybean Association (ASA) is calling on all members and supporters to ramp up our response to make sure EPA and the White … Read More »

EPA Solicits Comments on Potential Cuts to Biodiesel RFS Volumes

The Environmental Protection Agency (EPA) released a Notice of Data Availability (NODA) requesting comment and information on the potential reduction in proposed volumes of Advanced Biofuels, including specifically reducing Biomass-based Diesel for the 2018-19 rulemaking, as well as retroactively for the Biomass-based diesel volumes already established by rulemaking for 2018. BACKGROUND: EPA has proposed to … Read More »