The U.S. Senate is moving again on renewing the $1-a-gallon federal biodiesel tax incentive, but the action is too slow for many in the biofuels business. Biodiesel Magazine reports the Senate today invoked cloture on the larger bill that contains the credit, ending debate and setting up a final vote: Sources say there is still some debate regarding Medicare payments …

It’s getting to be an all-too-familiar refrain: renewal of the federal $1-a-gallon biodiesel tax credit has hit another roadblock. This article from Reuters says the measure, contained in a $126 billion tax bill, failed a procedural vote today in the U.S. Senate. But the measure’s sponsor has introduced a new version: Finance Committee Chairman Max Baucus was expected to offer …

Senate leaders are promising again that there are enough votes to get the biodiesel tax incentive renewed. This article from The Hill says New York Democrat Sen. Charles Schumer believes his chamber will have the 60 votes needed to pass the federal $1-a-gallon biodiesel tax credit as part of a larger measure introduced by Senate Finance Chairman Max Baucus (D-Montana). …

While it was partly an arbitrary date, it looks like Congress will miss the Memorial Day deadline that many hoped would see renewal of the $1-a-gallon biodiesel tax incentive. The measure is attached to a larger bill that would extend unemployment benefits, but Hoosier Ag Today reports that it won’t happen until after the holiday recess: Representative Stephanie Herseth Sandlin, …

“We will have enough votes” … that’s the promise from U.S. House Majority Leader Steny Hoyer when asked about the American Jobs and Closing Tax Loopholes Act, the latest piece of legislation that would reinstate the $1-a-gallon biodiesel federal tax credit. Talk Radio News Service says the credit is part of a much larger $190 billion package that would extend …