Bill · H.R. 3137· House(119-HR-3137)
Biodiesel Tax Credit Extension Act of 2025
- Introduced
- 5/1/2025
- Last activity
- 5/1/2025 — Referred to the House Committee on Ways and Means.
- Sponsored by
- Mike Carey
- Cosponsors
- - 11 - 5
- Introduced
- In Committee
What this bill would do
The Biodiesel Tax Credit Extension Act of 2025 aims to extend specific tax credits for biodiesel and renewable diesel through 2026. It extends the biodiesel fuels credit, the biodiesel mixture credit, and the alcohol fuel credit for second generation biofuel production. The bill also includes rules to prevent "double benefits" by ensuring fuel receiving a credit under section 45Z(a) cannot also receive these specific credits.
Yes· 3 of 12
Would farmers be better off under this?+7
Farmers who produce feedstocks for biodiesel benefit from increased demand and industry stability.
Does this put more money into wind, solar and other renewable power?+6
Directly incentivizes the production and use of renewable diesel and biodiesel.
Would people in rural areas be better off under this?+6
Supports rural economies where biofuel production and agriculture are primary industries.
The opposite
Does this reduce what the federal government owes?-2
Extending tax credits reduces government tax revenue, which can marginally increase the deficit.
Does this make the government pay for what it commits to?-1
Extending tax expenditures without new funding offsets is generally viewed as less fiscally responsible.
Who it would affect, and how
Potential Positive Impacts for People
-
Extension of Biodiesel and Renewable Diesel Credit: This extends the credit found in Section 40A(g) through 2026, which provides financial incentives for these fuels. (Section 2(a)(1))
-
Extension of Biodiesel Mixture Credit: This extends credits for fuels used for taxable and non-taxable purposes through 2026, as seen in Section 6426(c)(6) and Section 6427(e)(6)(B). (Section 2(b))
-
Extension of Second Generation Biofuel Production Credit: This extends the alcohol fuel credit for second generation biofuel production to January 1, 2027. (Section 2(c)(2))
Potential Negative Impacts for People
- Denial of Double Benefit: Individuals or companies cannot claim these credits if they are already receiving a credit under section 45Z(a), meaning the credit amount would be zero for that fuel. (Section 2(a)(2), Section 2(b)(1)(B), and Section 2(c)(1))
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+6Improves Rural Development+5Reduces Carbon Emissions+5Improves Environmental Protections+2Reduces Fossil Fuel Production+2
- Demographic And Interest Groups
- Good For Farmers+7Good For Rural Residents+6Good For Business Owners+5
- Economy And Finance
- Improves Small Business Support+3Reduces Small Business Taxes+3Improves Economic Growth+2Increases Job Creation+2Reduces National Debt-2Improves Fiscal Responsibility-1
- 6/3/2025
- 1 Cosponsor added.
- 5/14/2025
- 1 Cosponsor added.
- 5/13/2025
- 3 Cosponsors added.
- 5/8/2025
- 1 Cosponsor added.
- 5/7/2025
- 1 Cosponsor added.
- 5/5/2025
- 3 Cosponsors added.
- 5/1/2025
- Referred to the House Committee on Ways and Means.
- 6 Cosponsors added.
- Introduced in House
Mike BostRepublican · Illinois
Nikki BudzinskiDemocrat · Illinois
Jim CostaDemocrat · California
Salud CarbajalDemocrat · California
Randy FeenstraRepublican · Iowa
Jared GoldenDemocrat · Maine
Andrew GarbarinoRepublican · New York
Ashley HinsonRepublican · Iowa
Dusty JohnsonRepublican · South Dakota
Mike KellyRepublican · Pennsylvania
Darin LaHoodRepublican · Illinois
Tracey MannRepublican · Kansas
Mariannette Miller-MeeksRepublican · Iowa
Zachary NunnRepublican · Iowa
Eric SorensenDemocrat · Illinois
Claudia TenneyRepublican · New York