My apologies if this has already been posted...just saw this story on the National Biodiesel Board website ( http://www.biodiesel.org/news/taxincentive/ )
President George W. Bush today signed into law a bill containing the first biodiesel tax incentive, a provision that is expected to increase domestic energy security, reduce pollution and stimulate the economy. The American Soybean Association (ASA), the National Biodiesel Board (NBB) and biodiesel enthusiasts commended Washington leaders for passing the biodiesel tax incentive and extending the ethanol tax incentive as part of H.R. 4520, also known as the American JOBS Creation Act of 2004. "This tax incentive generated strong bi-partisan support because it truly is a win for all Americans," said NBB chairman and ASA first vice president Bob Metz of South Dakota. "Our nation has a direct interest in taking steps to promote renewable fuels, like ethanol and biodiesel, which lessen our dependence on foreign oil. Biodiesel has many benefits that are important to all citizens. It reduces emissions that are harmful to human health and the environment, it's nontoxic and biodegradable, and its increased production will create jobs." Senator Chuck Grassley (R-IA), Senator Blanche Lincoln (D-AR), Congressman Kenny Hulshof (R-MO) and others championed the tax incentive. _______________________________________________ Biofuel mailing list [EMAIL PROTECTED] http://wwia.org/mailman/listinfo.cgi/biofuel Biofuel at Journey to Forever: http://journeytoforever.org/biofuel.html Biofuel archives at Infoarchive.net (searchable): http://infoarchive.net/sgroup/biofuel/
