Senate extends two biofuels tax credits - The Hill's E2-Wire

The Senate Finance Committee on Thursday voted to extend two biofuels tax credits for “next generation” technology that some Republicans say have not lived up to promises.

The biofuels credits, which are due to expire Dec. 31, passed in the tax extenders package approved Thursday by the Senate.

They grabbed less attention than the wind production tax credit, but biofuels supporters said the incentives are equally important to their industry.

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Senate extends two biofuels tax credits - The Hill's E2-Wire