National Corn Growers responded to a request for information from Congress and sent comments outlining the importance of the 45Z tax credit. If enacted, the credit would provide the nation’s corn growers with access to the sustainable aviation market. The comments come as growers try to evaluate the importance of the tax credit, called 45Z, which is part of the Inflation Reduction Act passed in 2022. Corn grower leaders have said they want in on the new market. “NCGA believes farmers should be considered in the implementation of this tax credit because they contribute much to the lifecycle of biofuels,” the comments said. The letter also noted the value the tax credit provides to domestic energy security. “NCGA believes corn and soybean feedstocks are best suited for the 45Z tax credit to support domestic American-grown solutions.” NCGA has long advocated for the tax credit and pushed for realistic guidelines.
Welcome
