Biofuel tax credit bill in Ark. gets bipartisan backing

03/12/2013 | City Wire (Fort Smith, Ark.), The

A bipartisan group of Arkansas lawmakers is backing a bill that would give biofuel producers in the state a tax credit worth 10 cents per gallon. The bill, which was filed by state Sen. David Wyatt and Rep. James McLean, is intended to boost the competitiveness of Arkansas-based biofuel producers. The bill would be a "prudent investment in job growth in the Arkansas Delta, which is home to all Arkansas alternative fuel producers and where the unemployment rate is routinely more than a full percentage higher than the state average," the Arkansas Advanced Energy Association stated.

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City Wire (Fort Smith, Ark.), The

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