Bill > HR311

This bill proposes to repeal several tax credits and provisions related to alternative and renewable fuels in the Internal Revenue Code. Specifically, the Restoring Fuel Market Freedom Act of 2025 eliminates tax credits for alcohol fuels, biodiesel fuels, sustainable aviation fuels, and clean fuel production, as well as credits for fuel mixtures. The bill systematically removes these credits by amending various sections of the tax code, effectively ending financial incentives for these types of alternative fuel production and use. The repeal applies to fuels produced or sold after the date of the bill's enactment, which means existing tax credits will be phased out immediately. The bill's technical amendments modify numerous related sections of the tax code to remove references to these now-eliminated credits, ensuring a comprehensive removal of the existing incentive structure. By repealing these credits, the legislation aims to change the current approach to supporting alternative and renewable fuel development, potentially signaling a shift in government policy toward these energy sources.

Budget and Finance

https://www.congress.gov/bill/119th-congress/house-bill/311/all-info