WASHINGTON, Feb. 4 -- Sen. Pete Ricketts issued the following press release:

Today, U.S. Senator Pete Ricketts (R-NE) issued the following statement after the U.S. Department of the Treasury issued updated guidance on the Section 45Z Clean Fuel Production Credit. The proposed guidance incorporates critical provisions included in the Working Families Tax Cuts Act to ensure the credit effectively supports American-grown feedstocks and domestic energy production.

"Nebraska is the global leader in value-added agriculture. Our farmers and biofuel producers are at the heart of America's energy independence," said Senator Ricketts. "The 45Z guidance is a win for Nebraska producers and American energy security. Our state is a leader in the biofue...