summary
Introduced
05/25/2021
05/25/2021
In Committee
05/25/2021
05/25/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to extend tax incentives for biodiesel and renewable diesel.
AI Summary
This bill, the Biodiesel Tax Credit Extension Act of 2021, aims to extend the tax incentives for biodiesel and renewable diesel. Specifically, it extends the income tax credit for biodiesel and renewable diesel through December 31, 2025, and extends the excise tax incentives, including the termination date and payments, for these fuels through the same date. The bill seeks to continue the existing tax credits and incentives that support the production and use of biodiesel and renewable diesel, which are alternative fuels derived from plant oils, animal fats, and other renewable resources.
Committee Categories
Budget and Finance
Sponsors (18)
Chuck Grassley (R)*,
Roy Blunt (R),
Maria Cantwell (D),
Tammy Duckworth (D),
Joni Ernst (R),
Deb Fischer (R),
Mazie Hirono (D),
Amy Klobuchar (D),
Roger Marshall (R),
Jerry Moran (R),
Patty Murray (D),
Gary Peters (D),
Mike Rounds (R),
Jeanne Shaheen (D),
Tina Smith (D),
Debbie Stabenow (D),
John Thune (R),
Sheldon Whitehouse (D),
Last Action
Read twice and referred to the Committee on Finance. (on 05/25/2021)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/1806/all-info |
| BillText | https://www.congress.gov/117/bills/s1806/BILLS-117s1806is.pdf |
| Bill | https://www.congress.gov/117/bills/s1806/BILLS-117s1806is.pdf.pdf |
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