Bill · H.R. 311· House(119-HR-311)
Restoring Fuel Market Freedom Act of 2025
- Introduced
- 1/9/2025
- Last activity
- 1/9/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Scott Perry
- Cosponsors
- - 2 - 0
- Introduced
- In Committee
What this bill would do
The Restoring Fuel Market Freedom Act of 2025 aims to amend the Internal Revenue Code of 1986. The bill seeks to repeal several specific tax credits including the alcohol fuels credit and the biodiesels fuel credit. It also proposes the repeal of the sustainable aviation fuel credit and the clean fuel production credit. Additionally, the bill targets the repeal of the alcohol fuel, biodiesel, and alternative fuel mixtures credit. The legislation includes various conforming amendments to maintain consistency across the code following these repeals.
Yes
Does this reduce what the federal government spends?+5
The bill repeals several tax credits, which reduces the amount of tax revenue foregone by the government.
Does this reduce what the federal government owes?+2
By repealing tax credits, the bill increases federal revenue, which could help reduce the deficit.
The opposite· 3 of 5
Does this put more money into wind, solar and other renewable power?-6
The bill removes key tax incentives that support investment in renewable fuel sectors like biodiesel and sustainable aviation fuel.
Does this cut the pollution that drives climate change?-5
The repeal of credits for sustainable aviation fuel, biodiesel, and clean fuel production may reduce incentives for lower-emission fuels.
Would farmers be better off under this?-5
The repeal of the alcohol fuels credit may negatively impact farmers who produce crops used for fuel production.
Who it would affect, and how
Potential Positive Impacts for People
-
Repeal of Alcohol Fuels Credit (Section 2): The bill repeals section 40 of the Internal Revenue Code of s 1986, which may impact how fuel production is treated for tax purposes.
-
Repeal of Biodiesels Fuel Credit (Section 3): The bill repeals section 40A, removing the current biodiesel fuel credit.
-
Repeal of Sustainable Aviation Fuel Credit (Section 4): The bill repeals section 40B, removing the credit for sustainable aviation fuel.
-
Repeal of Clean Fuel Production Credit (Section 5): The bill repeals section 45Z, removing the clean fuel production credit.
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Repeal of Fuel Mixtures Credit (Section 6): The bill repeals section 6426, which pertains to the alcohol fuel, biodiesel, and alternative fuel mixtures credit.
Potential Negative Impacts for People
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Repeal of Alcohol Fuels Credit (Section 2): This repeal applies to fuels produced after the act is enacted, which could affect producers of such fuels.
-
Repeal of Biodiesels Fuel Credit (Section 3): This repeal applies to fuels sold or used after the act is enacted, which may affect the biodiesel market.
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Repeal of Sustainable Aviation Fuel Credit (Section 4): This repeal applies to fuel sold or used after the act is enacted, impacting those involved in sustainable aviation fuel.
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Repeal of Clean Fuel Production Credit (Section 5): This repeal applies to transportation fuels produced after the act is enacted, which could impact fuel production.
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Repeal of Fuel Mixtures Credit (Section 6): This repeal applies to fuel used or sold after the act is enacted, affecting those utilizing these specific fuel mixtures.
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Repeal of Expired Provisions (Section 7): The bill amends section 6427 by striking subsection (e), which applies to fuel sold or used after enactment.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment-6Reduces Carbon Emissions-5
- Demographic And Interest Groups
- Good For Farmers-5Good For Business Owners-4
- Economy And Finance
- Reduces Government Spending+5Reduces National Debt+2Increases Job Creation-3
- 1/9/2025
- Referred to the House Committee on Ways and Means.
- 2 Cosponsors added.
- Introduced in House
Eric BurlisonRepublican · Missouri
Andrew OglesRepublican · Tennessee