Growth Energy CEO Tom Buis issued the following statement after the House passed the tax package, which includes extensions for the ethanol tax incentives, by a vote of 277 to 148. The bill will now be sent to the President for signature.
“This vote today, which includes an extension of ethanol tax policy, will provide certainty in the market and give us a chance to work with Congress and the Administration to enact longer term tax policy reforms that will level the playing field in the fuels market. The infrastructure build out proposed in our Fueling Freedom proposal will help open the market to reduce our dependence on foreign oil, improve our environment, create U.S. jobs that can’t be outsourced and strengthen our national security.”