The Treasury Department guidelines for sustainable aviation fuel tax credits concentrate on the standalone blenders credit or 40B provision. “The guidance in the model that was announced is for a tax credit that expires at the end of 2024,” said Amanda Bilek, senior public policy director, Minnesota Corn Growers Association. “The real focus is on the next round of credits which starts January 1, 2025.” The Clean Fuel Producer Credits expire at the end of 2027 and Bilek said the Administration needs to make changes or the opportunities for corn to qualify as a feedstock will be limited.
News Categories
Latest RRFN Podcasts
Subscribe to RRFN
Get a weekly digest from RRFN to stay up-to-date on all the latest news in agriculture.