[Congressional Record Volume 164, Number 62 (Tuesday, April 17, 2018)]
[House]
[Page H3383]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




        EXTEND THE BIODIESEL AND RENEWABLE DIESEL TAX INCENTIVES

  (Mr. YOUNG of Iowa asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. YOUNG of Iowa. Mr. Speaker, I rise today to call on my colleagues 
in Congress to extend the biodiesel and renewable diesel tax incentives 
through the end of this year.
  For many years, biodiesel producers, blenders, and marketers have 
endured inconsistent Federal tax treatment, while being asked to wait 
for a much-needed thoughtful and comprehensive look at energy tax 
policy. We just celebrated the end of an old, outdated, and out-of-
touch Tax Code, and it is time to deal with the last pieces of 
uncertainty.
  Biodiesel provides important environmental and economic benefits 
across the country, helps us reduce our reliance on foreign energy 
sources, and is a reliable source of American-made energy. Production 
has long been stymied by the on-again, off-again policy Congress has 
been implementing, and we must provide certainty to the markets and to 
all the producers, blenders, and marketers whose livelihood depends on 
biodiesel.
  Mr. Speaker, I ask my colleagues to join me and extend the biodiesel 
and renewable diesel tax incentives to the end of this year, and work 
with me and others, in a bipartisan way, to find a more permanent 
solution to this system of irresponsible stopgap tax extensions.

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