September 17, 2012

WORTHINGTON, Ohio- The Ohio Soybean Council and Ohio Soybean Association were pleased by U.S. Congress’s passage and President Obama’s signing of H.R. 4853 into law last week. A provision of the H.R. 4853—the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010—extended a $1-per-gallon biodiesel tax credit through 2011 and made the credit retroactive for 2010 as well. The biodiesel tax credit, which was originally enacted in 2004, encourages businesses and consumers to… Read More