Biodiesel Producers Say Tax Credit Could Help Lagging Industry

Statewide Iowa (RI) — Iowa’s biodiesel producers say a credit in the spending and tax bill signed by President Donald Trump last week should help the industry.

Iowa Biodiesel Board Executive Director Grant Kimberly credits Iowa’s Congressional delegation for negotiating several provisions that will help smaller biodiesel producers, who have been struggling recently.

Some smaller biodiesel plants in the state have been idled due to market uncertainty.

Kimberly says they’ll still need more guidance on tax credits before production returns to full capacity.

(By John Wanamaker, Iowa Public Radio)

KIWA Staff Photo

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