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Biodiesel Tax Credit Extended Until May 2026

This law temporarily reinstates and extends the tax credit for biodiesel producers and distributors until May 2026. The goal is to support the renewable fuels market, which may impact fuel price stability and support the agricultural sector. A rule is also introduced preventing the claiming of two different tax credits for the same fuel, ensuring efficient use of public funds.
Key points
The tax credit for biodiesel production is reinstated and extended until May 31, 2026.
The change supports renewable fuel producers, potentially influencing consumer fuel prices indirectly.
A rule is established prohibiting claiming two separate tax credits for the same fuel, protecting taxpayer money.
article Official text account_balance Process page
Introduced
Citizen Poll
No votes cast
Additional Information
Print number: 119_S_3297
Sponsor: Sen. Blackburn, Marsha [R-TN]
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Summarized by: gemini-2.5-flash-preview-09-2025
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

CROP Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 119_S_3297.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

What are the main provisions?

Key points include:

  • The tax credit for biodiesel production is reinstated and extended until May 31, 2026.
  • The change supports renewable fuel producers, potentially influencing consumer fuel prices indirectly.
  • A rule is established prohibiting claiming two separate tax credits for the same fuel, protecting taxpayer money.
What is the specific legal status?

The current status is Introduced.

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. Blackburn, Marsha [R-TN].

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 2025-12-23.

CATEGORIES

Taxes Environment Agriculture