U.S. Rep. Michelle Fischbach of Minnesota and several of her colleagues on the U.S. House Ways and Means Committee released a request for information from relevant stakeholders on biofuel tax policy.
Public Law 117-169, enacted in 2022, made significant modifications to biofuel tax policy. With unified Republican government in Washington, the House Ways and Means Committee is seeking feedback from stakeholders on how these provisions could be improved to support domestic energy production and rural economic development.
“I am proud to represent biofuel producers across western Minnesota, and I am proud to help lead this effort with Republican members of the Ways and Means Committee,” Rep. Fischbach said in a press release. “As a Vice Chair of the Rural America Tax Team and a member of the Supply Chains Tax Team, I know that this invitation for dialogue with stakeholders is incredibly important. When our Democrat colleagues rammed through their changes to biofuels tax credits, they left the industry with disappointing timelines and unworkable regulations. Our rural communities deserve a meaningful seat at the table when Congress makes discussions that directly impact them. This Request For Information will help give them a voice.”
Rep. Randy Feenstra of Iowa is also part of this effort. A request for information form can be found on his website.
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