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Axne seeks to revive federal tax credit for advanced biofuels

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Radio Iowa: Iowa Rep. Cindy Axne has introduced a bill that would make permanent an expired federal tax credit for cellulosic or biofuels. Axne, a Democrat from West Des Moines, said reviving the $1.01 per gallon tax credit would support more innovation in developing so-called “advanced biofuels” made from things like corn stalks and husks.