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November 26, 2014
Wednesday, May 14, 2014

Biodiesel tax breaks approved in Lower House

Lawmakers debate the tax-exemption bill this morning, in Congress'' Lower House
Lawmakers in Congress' Lower House have approved by an overwhelming margin the proposal to exempt biodiesel products from tax burdens.

The project, sent to the chamber by the presidency as a response to high tariffs against Argentine biodiesel products in the European Union, was passed easily by national lawmakers in attendance at today's vote.

217 voted in favour of the bill, with four legislators voting against and eight abstentions.

The government project will now advance to the Senate in the last hurdle before it can be passed into law. 
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Tags:  Lower House  biodiesel  taxes  





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