Bill · S. 5583· Senate(119-S-5583)
Small Agri-Biodiesel Producer Credit Extension Act
- Introduced
- 9/29/2026
- Last activity
- 9/29/2026 — Read twice and referred to the Committee on Finance.
- Sponsored by
- Chuck Grassley
- Cosponsors
- - 0 - 1
- Introduced
- In Committee
What this bill would do
This bill is known as the Small Agri-Biodiesel Producer Credit Extension Act. It was introduced in the Senate on September 29, 2026, by Mr. Grassley and Ms. Klobuchar. The legislation aims to amend the Internal Revenue Code of 1986. Specifically, it extends the small agri-biodiesel producer credit. The expiration date for this credit is moved from December 31, 2026, to December 31, 2029.
Yes· 3 of 8
Does this cut taxes for small businesses?+6
The bill extends the small agri-biodiesel producer tax credit through December 31, 2029.
Does this make it easier to run a small business?+6
Extending the small agri-biodiesel producer credit provides direct financial support to small producers.
Does this put more money into wind, solar and other renewable power?+5
The extension of the small agri-biodiesel producer credit encourages ongoing investment in renewable energy.
The opposite
No question was scored the opposite.
Who it would affect, and how
Potential Positive Impacts for People
- Section 2 extends the small agri-biodiesel producer credit from December 31, 2026, to December 31, 2029. This is a positive outcome because it continues the tax credit for small agri-biodiesel producers for an additional three years.
Potential Negative Impacts for People
- Based on the provided text, there are no specific sections or provisions identified that outline negative consequences or burdens for individuals or groups of people in the United States.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Economy And Finance
- Improves Small Business Support+6Reduces Small Business Taxes+6Improves Economic Growth+3
- Environment Energy And Infrastructure
- Increases Renewable Energy Investment+5Improves Rural Development+4Reduces Carbon Emissions+4
- Demographic And Interest Groups
- Good For Business Owners+5Good For Farmers+5
- 9/29/2026
- Read twice and referred to the Committee on Finance.
- 1 Cosponsor added.
- Introduced in Senate
Amy KlobucharDemocrat · Minnesota