The American Cleaning Institute (ACI) welcomes legislation (HR 5004), introduced by U.S. Rep. Randy Weber (R-TX), that would eliminate tax credits for biofuels produced with animal fats. As part of the 2015 year-end legislative package of tax extenders, biodiesel and renewable diesel that is produced from animal fats is eligible for a $1 per gallon tax credit. The Joint Committee on Taxation estimates eliminating the tax credit for biofuels that use animal fats would save $299 million in fiscal ...