Farmer First Fuel Incentives Act

Taxation

senate

house

president

Introduced on September 24, 2024 by Roger Wayne Marshall

Legislation Details

Amends the Internal Revenue Code of 1986 to prohibit the use of foreign feedstocks for the clean fuel production credit.
Requires that fuel eligible for the clean fuel production credit must be derived from feedstocks produced or grown in the United States.
The prohibition on foreign feedstocks applies to transportation fuel sold after December 31, 2024.
Extends the clean fuel production credit expiration date from December 31, 2027, to December 31, 2034.

Last updated 10/10/2024