A bill to amend the Internal Revenue Code of 1986 to reform and extend the incentives for biodiesel.

United States115th CongressS-944Senate
Updated: Apr 26, 2017

Summary

American Renewable Fuel and Job Creation Act of 2017 This bill amends the Internal Revenue Code to modify and extend: (1) the income tax credit for biodiesel and renewable diesel used as fuel, and (2) the excise tax credit for biodiesel fuel mixtures. The bill: (1) makes the credits available to domestic producers of the fuels rather than the policy under current law of providing a mixture credit to the blender of the fuel, (2) increases the income tax credit for certain small biodiesel producers, and (3) extends the credits through 2020.

Bill texts

Available versions
Introduced (Senate)View official text

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Timeline

Latest companion bill action

HR-2383: To amend the Internal Revenue Code of 1986 to reform and extend the incentives for biodiesel.

Referred to the House Committee on Ways and Means.

  1. Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S2554-2555)

    Senate

  2. Introduced in Senate

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