Biodiesel Tax Incentive
Biodiesel groups are pushing to get the biodiesel tax incentive reinstated before the end of 2019, but they must find a legislative vehicle.
Senator Charles Grassley, R-Iowa, told “AgriTalk” the tax extender needs to be attached to an omnibus spending bill, but Congress won’t likely take one up before the end of the year.
The biodiesel tax incentive expired in 2018. The National Biodiesel Board reports 10 biodiesel plants have shuttered or scaled back production in 2019.
COOL Is Back
Sen. Jon Tester, D-Mont., is taking another shot at mandatory country of origin labeling (COOL). The World Trade Organization (WTO) in 2015 ruled against the U.S. in the first attempt to label the country of origin of beef and pork products. Rather than working to pass a new COOL bill that would likely meet the same fate at the WTO, Tester is instead working to pass a resolution ordering federal agencies to thread the needle and find a way to label products without running afoul of the world trade body.
USMCA On The Way
If the U.S.-Mexico-Canada Agreement (USMCA) hasn’t passed through the House by the time you read this, it will soon, says House Agriculture Committee Chairman Collin Peterson, D-Minn. While House Speaker Nancy Pelosi, D-Calif., had not yet called the trade pact to the floor, she has promoted it within the caucus.
To listen to the “DC Signal to Noise" podcast and read the latest policy news, visit AgWeb.com/policy