Friday, October 19, 2007

Farm Bill Negotiations Wrapping Up in Senate

Proposed Energy Title Includes Biodiesel Blending Credit & $0.10/gal Small Producer's Credit
from Farm Energy Online:

Negotiations for the 2007 Farm Bill among Senate Agriculture Committee leaders are wrapping up. The result appears to be preserve many good programs from Chair Tom Harkin's draft Farm Bill...

...The Senate Finance Committee (passed) a number of tax credits for industry, with a modest residential wind tax credit, advanced biofuels credits, a Transmission Pole Payment Exemption and even liquid coal subsidies, scored at a total of $1. 5 billion. The Committee's legislation page with reports is here and here is the summary (PDF).

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