Nov 07, 2019
ASA joined numerous industry partners in a letter this week urging Congress to move on tax legislation before the end of the year, including the long expired biodiesel tax incentive.
"Uncertainty regarding the status of these worthwhile incentives has created confusion for the numerous industry sectors that utilize these tax incentives and has threatened thousands of jobs in the U.S. economy," the groups state in the letter. "The continued uncertainty regarding eventual congressional action on tax extenders is undermining the effectiveness of these incentives and stands as a needless barrier to additional job creation and economic growth."
Read the full letter here.