Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2021

Summary

Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2021 This bill extends and modifies the tax credits for biodiesel, renewable diesel, and alternative fuels. The bill extends through 2025 (1) the income tax credit for biodiesel and renewable diesel used as fuel, (2) the excise tax credit for biodiesel mixtures, (3) the excise tax credit for alternative fuels, (4) the excise tax credit for alternative fuel mixtures, and (5) the payments that are equivalent to the excise tax credits for biodiesel mixtures and alternative fuels. Beginning in 2023, the bill phases down the credits for biodiesel, biodiesel mixtures, alternative fuels, and alternative fuel mixtures by reducing the credits by specified amounts.

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Timeline

1. 17 May 2021

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 17 May 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 May 2021

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 17 May 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 17 May 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 17 May 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 17 May 2021

  Open at official source

Sponsors

• Rep. Costa, Jim [D-CA-21] · D · Sponsor
• David Valadao · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← Biodiesel Tax Credit Extension Act of 2021
• related to ← Biodiesel Tax Credit Extension Act of 2021