Biodiesel Tax Credit Extension Act of 2021

1/11/2023, 1:50 PM

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.

Congress
117
Number
S - 1806
Introduced on
2021-05-25
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

5/25/2021
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

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.

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to extend tax incentives for biodiesel and renewable diesel.
Policy Areas
Taxation
Potential Impact
Alternative and renewable resources•
Income tax credits•
Motor fuels•
Sales and excise taxes

Comments

Related

Bill Update Alert:  Inflation Reduction Act of 2022
Bill Update Alert:  Biodiesel Tax Credit Extension Act of 2021
Bill Update Alert:  Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2021

Recent Activity

Latest Summary7/23/2021

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.

Latest Action5/25/2021
Read twice and referred to the Committee on Finance.