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Potential biofuels policies that could be included in Senate version of reconciliation bill

A U.S. Senator from Nebraska says there is support to keep the 45z tax credits in the President’s reconciliation bill.

Pete Ricketts, tells Brownfield, “At least from what I’ve heard, there’s nobody looking to take that out of the Senate bill. That’s something I’ve been a supporter of and I’m going to be looking to make sure it stays in the Senate version of it to be able to help us promote biofuels.” 

Kenneth Hartman Jr., president of the National Corn Growers Association, says year-round E15 was not included in the House version of the reconciliation bill and is optimistic. “We’re hoping that the Senate can come up with something during reconciliation to get in that bill or any other bill that we can get to carry it because we feel like everyone supports. We need to get ono to a bill to get that permanent. That would be a big win for us.”

Hartman says the longer it takes to approve year-round E15, the more uncertainty it creates for retailers and consumers.

The One Big Beautiful Bill Act contains several farm bill ag policies including increases to reference prices for Price Loss Coverage and Agriculture Risk Coverage. There are also investments in trade promotion, rural school funding, livestock biosecurity and research and energy programs.