The American Farm Bureau Federation (AFBF) and over 60 other business, energy and ag groups are urging Congress to extend a slew of tax provisions known as “tax extenders.”
The provisions include tax credits aimed at biofuel producers, like the biofuel production tax credit, and others for craft breweries and wineries, AFBF noted.
“Allowing these tax extenders to lapse at the end of 2020 would undermine their effectiveness, threaten thousands of jobs in the US economy and cause needless uncertainty for taxpayers at a time when many are coping with severe economic hardship,” the groups said in a letter to congressional leaders.