OFFICIAL LEGAL TITLE
Low Carbon Biofuel Credit Act
FREQUENTLY ASKED QUESTIONS
What is the official ID of this bill?
The official print number for this legislation is 117_S_2262.
Which chamber initiated this legislation?
This legislation was initiated in the Senate.
When did the legislative process begin?
The process officially started on 2021-06-24.
What are the main provisions?
Key points include:
- Businesses blending E15 fuel (up to 15% ethanol) will receive a 5-cent per gallon credit.
- Businesses blending fuel with over 15% ethanol will receive a 10-cent per gallon credit.
- Retailers of fuels can also benefit from these credits if the blending company has not claimed them.
- Small gas stations (up to 5 locations) may receive a refundable tax credit.
- Changes apply to fuel blended or sold after December 31, 2021.
What is the specific legal status?
The current status is Expired.
Where can I read the full text of this legislation?
The full official text is available at:
View full text
Who is the primary sponsor?
The primary sponsor is Sen. Klobuchar, Amy [D-MN].
What is the latest detailed status?
The latest detailed status is: Introduced in Senate
Is this summary verified?
Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.
What is the impact of this bill?
We don't know, that is up to you to decide. Summarizing raw data with AI is fundamentally different from predicting socio-economic outcomes. As of 2026, we believe impact assessment strictly requires a human in the loop to verify and judge.