This bill proposes to temporarily reinstate and extend the biodiesel fuels credit, amending the Internal Revenue Code to shift its expiration date from December 31, 2024, to May 31, 2026. This extension aims to continue providing tax incentives for the production and use of biodiesel fuels, supporting the renewable energy sector. A key provision introduces a "No Double Benefit" clause , explicitly preventing taxpayers from claiming both the biodiesel fuels credit and the clean fuel production credit for the same fuel. This measure ensures that only one tax credit is applied per unit of fuel. The amendments made by this legislation will apply to fuel used or sold after November 30, 2025.
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Timeline
Introduced in Senate
Read twice and referred to the Committee on Finance.
Introduced in Senate
Read twice and referred to the Committee on Finance.
Taxation
CROP Act
USA119th CongressS-3297| Senate
| Updated: 12/2/2025
This bill proposes to temporarily reinstate and extend the biodiesel fuels credit, amending the Internal Revenue Code to shift its expiration date from December 31, 2024, to May 31, 2026. This extension aims to continue providing tax incentives for the production and use of biodiesel fuels, supporting the renewable energy sector. A key provision introduces a "No Double Benefit" clause , explicitly preventing taxpayers from claiming both the biodiesel fuels credit and the clean fuel production credit for the same fuel. This measure ensures that only one tax credit is applied per unit of fuel. The amendments made by this legislation will apply to fuel used or sold after November 30, 2025.