Events & News

News: Legislation and Regulation Update - Spring 2010

Legislative News:

Status of HB2504: State Renewable Fuel Standard
Legislation currently being considered by Washington State lawmakers would require all diesel fuel sold in the state to contain an annual average of at least two percent biodiesel or renewable diesel by volume. The bill has been passed by the House, and referred to the Senate Ways & Means committee. For the latest on bill status visit www.leg.wa.gov and search “2504.”

New effort to revive U.S. biodiesel credit
Senate leaders have dropped from a jobs creation bill a U.S. tax credit for biodiesel, creating uncertainty for biodiesel makers, who say they need the incentive to keep running.

• The National Biodiesel Board strongly encourages stakeholders to contact their U.S. Senators and emphasize the need for immediate action to retroactively extend the biodiesel tax incentive. Background information can be found online at www.biodiesel.org.