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Tax Credit for Renewable Natural Gas: Cleaner Fuel and Job Growth.

This law introduces a new tax credit of $1.00 per gallon for businesses that produce or sell renewable natural gas (RNG) derived from biomass for use in transportation. The goal is to encourage the use of this cleaner fuel in vehicles, boats, and aviation, thereby reducing air pollution and greenhouse gas emissions. The incentive is designed to boost domestic energy production and create jobs, remaining in effect until the end of 2033.
Key points
A $1.00 per gallon tax credit is established for renewable natural gas used as fuel in motor vehicles, boats, or aircraft.
The incentive aims to lower the cost of cleaner fuel, potentially leading to reduced air pollution in communities.
The credit applies only to RNG produced and used within the United States.
The program is scheduled to expire on December 31, 2033.
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Additional Information
Print number: 118_HR_2448
Sponsor: Rep. Sánchez, Linda T. [D-CA-38]
Process start date: 2023-03-30
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Summarized by: gemini-flash-latest
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Renewable Natural Gas Incentive Act of 2023

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 118_HR_2448.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2023-03-30.

What are the main provisions?

Key points include:

  • A $1.00 per gallon tax credit is established for renewable natural gas used as fuel in motor vehicles, boats, or aircraft.
  • The incentive aims to lower the cost of cleaner fuel, potentially leading to reduced air pollution in communities.
  • The credit applies only to RNG produced and used within the United States.
  • The program is scheduled to expire on December 31, 2033.
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 Rep. Sánchez, Linda T. [D-CA-38].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-30.

CATEGORIES

Taxes Environment Economy