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Biodiesel Tax Credit Extension Act of 2021

1/11/2023, 1:50 PM

Congressional Summary of S 1806

Biodiesel Tax Credit Extension Act of 2021

This bill extends the income and excise tax credits for biodiesel and renewable diesel used as fuel through 2025.

Current Status of Bill S 1806

Bill S 1806 is currently in the status of Bill Introduced since May 25, 2021. Bill S 1806 was introduced during Congress 117 and was introduced to the Senate on May 25, 2021.  Bill S 1806's most recent activity was Read twice and referred to the Committee on Finance. as of May 25, 2021

Bipartisan Support of Bill S 1806

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
17
Democrat Cosponsors
10
Republican Cosponsors
7
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill S 1806

Primary Policy Focus

Taxation

Potential Impact Areas

- Alternative and renewable resources
- Income tax credits
- Motor fuels
- Sales and excise taxes

Alternate Title(s) of Bill S 1806

Biodiesel Tax Credit Extension Act of 2021
A bill to amend the Internal Revenue Code of 1986 to extend tax incentives for biodiesel and renewable diesel.
Biodiesel Tax Credit Extension Act of 2021

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