Topics: Orrin Hatch

SenateTax-Writing Committee Considers Energy Tax Policy; No Discussion of Biodiesel

The Senate Finance Committee on May 14 held a hearing on energy tax policy, the first committee hearing on this topic in the current Congress. The truckstop and travel plaza industry's primary interests in this space at the present time are the $1.00/gallon biodiesel blenders' tax credit, as well as the $0.50/gallon alternative fuel tax credit and alternative fuel mixture tax credit (applicable to sales of LNG and CNG, among other fuels). These provisions, which are scheduled to expire at the end of 2016, were not discussed at the hearing. More

NATSO Urges Senate Finance to Extend Biodiesel Tax Credit

NATSO joined a group of petroleum retailers and marketers in urging members of the Senate Finance Committee to extend the $1 per-gallon biodiesel tax credit when it considers a package of individual and business tax provisions known as tax extenders July 21. More

NATSO Responds to Finance Committee Call for Tax Reform Input

NATSO filed comments April 15 with the Senate Finance Committee in response to the committee’s call for stakeholder and public input on how best to overhaul the nation’s tax code. More

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