U.S. Senator Debbie Stabenow is hoping to provide a 30-percent federal tax cut to companies expanding in bio-based manufacturing.
Congress approved the tax cut for advanced manufacturers in 2009. Stabenow wants to renew that tax break and expand it for companies developing bio-based products.
Keywords: crops, soybeans, corn, bio-manufacturing, economy
Source: Michigan Radio, 2011-10-24.