WASHINGTON — The Senate voted down controversial legislation Tuesday meant to end $5.4 billion in federal ethanol subsidies.
Minnesota Sens. Amy Klobuchar and Al Franken opposed the legislation, which would have ended a 45-cent per gallon tax credit and a 54-cent per gallon tariff on imported ethanol at the end of the month instead of its current expiration at the end of the year. The bill failed 40-59.
Sen. Tom Coburn, R-Okla., proposed the amendment, which was identical to legislation offered by California Democrat Diane Feinstein. Before the vote, Feinstein had asked Coburn to withdraw the legislation and try to negotiate a deal with Klobuchar, who had offered an alternative bill.
Klobuchar’s legislation would have ended the per-gallon tax credit and used the savings to pay for new renewable fuel infrastructure as well as extend a series of tax credits related to the production of biofuels. Klobuchar introduced the legislation with South Dakota Republican John Thune and a bipartisan group of senators including Minnesota Sen. Al Franken. It did not receive a vote.
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