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Sen. Proposes Bill To Promote Biogas Via Tax Breaks

Law360 (January 23, 2009, 12:00 AM EST) -- A Democratic U.S. senator has introduced legislation that promotes the development of biogas — a natural gas substitute created by converting agricultural, animal or other organic wastes — through tax incentives.

On Thursday, Sen. Benjamin E. Nelson, D-Neb., introduced the Biogas Production Incentives Act of 2009, a bill that encourages greater production of biogas for energy purposes by providing biogas producers with a tax credit of $4.27 for every million British thermal units of biogas produced, an incentive that could create more jobs for farmers, ranchers...
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