arrow_back Civic Audit
Share share

Tax Credits for Ethanol Fuel Sales and Blending

This act introduces new tax credits for businesses that sell or blend fuels containing ethanol, such as E15. The goal is to encourage wider use of biofuels, which could impact fuel availability and prices at gas stations. Small retailers may receive refundable credits, supporting their competitiveness.
Key points
Businesses blending ethanol fuel (e.g., E15) will receive a 5-cent credit per gallon, and 10 cents for fuel with over 15% ethanol.
Fuel retailers (e.g., gas stations) can also receive these credits if the blender has not claimed them previously.
Small retailers (up to 5 locations) may receive refundable credits, meaning they can get money back even if they don't have enough tax liability to offset.
The provisions apply to fuel blended or sold after December 31, 2021.
article Official text account_balance Process page notifications_active Track this Bill
gavel
Status:
Expired
Record your position for audit.
Why does your vote on bills matter?
It creates raw, undeniable proof. Civic Will provides the permanent data to verify the Government's loyalty towards its citizens (explained here). Start recording it now.
Additional Information
Print number: 117_HR_4254
Sponsor: Rep. Axne, Cynthia [D-IA-3]
Process start date: 2021-06-30