Bill Sponsor
House Bill 3472
117th Congress(2021-2022)
Biodiesel Tax Credit Extension Act of 2021
Introduced
Introduced
Introduced in House on May 25, 2021
Overview
Text
Introduced in House 
May 25, 2021
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Introduced in House(May 25, 2021)
May 25, 2021
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
H. R. 3472 (Introduced-in-House)


117th CONGRESS
1st Session
H. R. 3472


To amend the Internal Revenue Code of 1986 to extend for 3 years tax credits with respect to biodiesel and renewable diesel.


IN THE HOUSE OF REPRESENTATIVES

May 25, 2021

Mrs. Axne (for herself, Mr. Kelly of Pennsylvania, Mrs. Hinson, Mr. Bacon, Mr. Bost, Mrs. Bustos, Mr. Courtney, Ms. Craig, Ms. DeLauro, Mr. Feenstra, Mrs. Fischbach, Mr. Guest, Mr. Hagedorn, Mr. Himes, Mr. Johnson of South Dakota, Mr. Kinzinger, Mr. LaHood, Mr. Larson of Connecticut, Mrs. Miller-Meeks, Mr. Pence, Ms. Sewell, Mrs. Walorski, Ms. Newman, Mr. Hern, Mr. Cicilline, and Mrs. Wagner) introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to extend for 3 years tax credits with respect to biodiesel and renewable diesel.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Biodiesel Tax Credit Extension Act of 2021”.

SEC. 2. Biodiesel and renewable diesel.

(a) Income tax credit.—

(1) IN GENERAL.—Section 40A(g) of the Internal Revenue Code of 1986 is amended by striking “2022” and inserting “2025”.

(2) EFFECTIVE DATE.—The amendment made by this subsection shall apply to fuel sold or used after December 31, 2022.

(b) Excise tax incentives.—

(1) TERMINATION.—

(A) IN GENERAL.—Section 6426(c)(6) of such Code is amended by striking “2022” and inserting “2025”.

(B) PAYMENTS.—Section 6427(e)(6)(B) of such Code is amended by striking “2022” and inserting “2025”.

(2) EFFECTIVE DATE.—The amendments made by this subsection shall apply to fuel sold or used after December 31, 2022.