Senators Coons, Ricketts Introduce Bipartisan Bill to Boost Bio-manufacturing and Expand Markets for Renewable Chemicals
(Office of Senator Chris Coons (D-DE)) U.S. Senators Chris Coons (D-Del.) and Pete Ricketts (R-Neb.) introduced the Renewable Chemicals Act. The bipartisan legislation would provide a targeted, short-term tax credit for qualifying renewable chemicals or an investment tax credit for renewable chemical production facilities. Renewable chemicals are produced from biomass