River Bend Times

U.S. Representatives Mariannette Miller-Meeks of Iowa and Mike Carey of Ohio have introduced a new bill aiming to extend valuable tax incentives for Iowa's biofuels industry. The proposed legislation is designed to enhance American energy independence by reinforcing support for biodiesel and second-generation biofuels.

Miller-Meeks emphasized the significance of Iowa's contributions to renewable fuel production, stating, “Iowa’s biofuels industry powers America and supports thousands of good-paying jobs across our state. We lead the nation in renewable fuel production, and it’s time our tax code reflected that strength. By extending tax incentives for biodiesel and second-generation biofuels, we’re delivering certainty for Iowa farmers and producers and furthering President Trump’s America First agenda for energy dominance."

Miller-Meeks highlighted that the effort aligns with the objectives of Renewable Fuels Month and expressed confidence about pushing the bill forward. “I’m proud to lead this effort during Renewable Fuels Month and will keep fighting to get this bill to the President’s desk,” she added.

Representative Carey stressed the local benefits of biodiesel, remarking, “Biodiesel is a homegrown resource that can support our long-term energy independence and support farmers, producers, and energy workers right here in Ohio. With America’s energy dominance at stake, we’re working to strengthen our supply of biodiesel for years to come.”

Highlighting the need for legislative action, Geoff Cooper, President and CEO of the Renewable Fuels Association (RFA), commented, “With the continued delay in the implementation of the 45Z tax credit, extending the 2nd Generation Biofuel Producer Tax Credit for two years is a much-needed bridge to a new tax regime, and would provide some certainty for many ethanol producers across this country.” He praised the representatives for safeguarding the market for cellulosic ethanol, noting it as an economical and environmentally friendly fuel option.

Currently, Iowa is at the forefront of ethanol and biodiesel production in the United States. The renewable fuels, mainly produced from Iowa corn and soybeans, significantly reduce carbon emissions—by more than 70% compared to traditional petroleum-based fuels.

The proposed extension of the Biodiesel Tax Credit and Second-Generation Biofuel Producer Tax Credit aims to boost innovation, lessen emissions, and promote rural employment by encouraging renewable fuel production and blending. The initiative has garnered backing from various national industry groups, including the American Trucking Associations, the Renewable Fuels Association, and the Clean Freight Coalition.