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Requires that fuel claiming the clean fuel production tax credit be made from feedstock grown or produced in the United States, excludes indirect land‑use change emissions from lifecycle greenhouse gas calculations for the credit, and extends the credit’s expiration date to December 31, 2034. The feedstock and emissions-factor wording changes apply to transportation fuel sold or produced after December 31, 2024; the emissions-rate rule applies to taxable years beginning after December 31, 2025.
Referred to the House Committee on Ways and Means.
Introduced April 10, 2025 by Tracey Mann · Last progress 10 months ago