Referred to the House Committee on Ways and Means.
The bill extends existing biodiesel, renewable diesel, biodiesel mixture, and certain second‑generation biofuel tax credits by amending Internal Revenue Code provisions to change expiration dates from 2024 to 2026/2027. It also adds provisions denying a ‘‘double benefit’’: fuels that receive the Section 45Z clean fuel production credit cannot receive these biodiesel or alcohol fuel credits.
Environmental effectiveness vs economic support for rural jobs.
Relative to its intended legislative type, this bill is a narrowly focused statutory amendment that concretely extends specified biodiesel-related tax credits and inserts cross-references to prevent duplicative benefits; it specifies the code sections and effective dates necessary for implementation but omits fiscal impact statements and formal accountability/reporting provisions.
The bill extends existing biodiesel, renewable diesel, biodiesel mixture, and certain second‑generation biofuel tax credits by amending Internal Revenue Code provisions to change expiration dates from 2024 to 2026/2027.
It also adds provisions denying a ‘‘double benefit’’: fuels that receive the Section 45Z clean fuel production credit cannot receive these biodiesel or alcohol fuel credits.
The extensions apply to fuels sold/used or produced after December 31, 2024.
Content is narrow and administrable with built-in coordination, which helps; revenue cost and need for broader agreement reduce standalone odds.
Relative to its intended legislative type, this bill is a narrowly focused statutory amendment that concretely extends specified biodiesel-related tax credits and inserts cross-references to prevent duplicative benefits; it specifies the code sections and effective dates necessary for implementation but omits fiscal impact statements and formal accountability/reporting provisions.
Environmental effectiveness vs economic support for rural jobs.
These are examples from the analysis, not a ranked list of the most-affected groups.
Environmental effectiveness vs economic support for rural jobs.
Generally supportive of continued incentives for low‑carbon fuels, but cautious about lifecycle emissions and equity.
Views the denial of double credits positively to avoid overlapping subsidies, while wanting stronger sustainability safeguards.
Cautiously favorable as a short extension that avoids market disruption and includes anti‑double‑dipping language.
Wants budgetary scoring, clear sunset dates, and oversight to limit unintended environmental or fiscal consequences.
Likely supportive because it sustains domestic energy production, supports farmers, and preserves jobs.
Appreciates the anti‑double‑dipping provision as fiscal restraint, though some conservatives may prefer market solutions over subsidies.
Reached or meaningfully advanced
Reached or meaningfully advanced
Still ahead
Still ahead
Still ahead
Content is narrow and administrable with built-in coordination, which helps; revenue cost and need for broader agreement reduce standalone odds.
The bill has not accumulated any surfaced votes yet.
Environmental effectiveness vs economic support for rural jobs.
Content is narrow and administrable with built-in coordination, which helps; revenue cost and need for broader agreement reduce standalone…
Relative to its intended legislative type, this bill is a narrowly focused statutory amendment that concretely extends specified biodiesel-related tax credits and inserts cross-references to prevent duplicative benefits…
Go beyond the headline summary with full stakeholder mapping, legislative design analysis, passage barriers, and lens-by-lens tradeoff breakdowns.