The $1 a gallon biodiesel tax credit would be revived for 2010 under a jobs and tax-cut bill under consideration in the Senate, Finance Committee leaders said Tuesday.
A vote on the bill, which was unveiled on Monday and would be the second in a series of job creation legislation, is possible later this week.
The biodiesel credit expired at the end of 2009. About 12 percent of U.S. soyoil is used to make biodiesel. The American Soybean Association says production has virtually ceased since expiration of the credit.
