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WASHINGTON - Manning Feraci, the National Biodiesel Board's (NBB) vice president for Federal Affairs, issued a statement in the wake of the Senate's procedural vote on Jobs legislation.
Read More →WASHINGTON - The decision to delay Senate consideration of an extension of the biodiesel tax incentive is certain to have a negative impact on the domestic biodiesel industry.
Read More →NAFA is encouraging fleet professionals to write to their local senators in support of extending the tax credit for biodiesel, which expired Dec. 31, 2009.
Read More →LANSING, MI - Michigan lawmakers have proposed a 6-cent increase in the state's diesel tax to help pay for road improvements.
Read More →PRINCETON, NJ - NAFA Fleet Management Association is urging fleet management professionals to write their local Senators in support of extending the tax credit for biodiesel, which expired December 31, 2009.
Read More →PRINCETON, NJ - NAFA Fleet Management Association is urging fleet management professionals to write their local Senators in support of extending the tax credit for biodiesel, which expired December 31, 2009.
Read More →In 2009, of every $100 spent on fleet, $5 was consumed by taxes. This compares to $4.10 in 2006 and $3 in 1983. The recession has caused sales and property tax revenues to plummet creating widespread shortfalls in government budget funding. States and other governmental jurisdictions are scrambling to find new ways to generate new tax revenues. Again, commercial fleets are in their cross-hairs.
Read More →OKLAHOMA CITY - With the expiration of a federal tax credit that provided makers of biodiesel $1 for every gallon, some U.S. biodiesel producers say they will shut down without the government subsidy.
Read More →OKLAHOMA CITY - With the expiration of a federal tax credit that provided makers of biodiesel $1 for every gallon, some U.S. biodiesel producers say they will shut down without the government subsidy.
Read More →WASHINGTON - The National Biodiesel Board (NBB) released a study conducted which examined the economic impact of the biodiesel industry and the negative consequences of allowing the credit to lapse. The biodiesel tax incentive is currently set to expire on December 31, 2009.
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