Biodiesel Tax Credit Extension Act of 2025

[Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 3137 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 3137 To amend the Internal Revenue Code of 1986 to extend the biodiesel fuels credit and the biodiesel mixture credit. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES May 1, 2025 Mr. Carey (for himself, Mrs. Miller-Meeks, Ms. Tenney, Mr. Johnson of South Dakota, Mr. Garbarino, Mr. LaHood, and Mr. Kelly of Pennsylvania) 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 the biodiesel fuels credit and the biodiesel mixture credit. 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 2025''. SEC. 2. EXTENSION OF BIOFUEL TAX INCENTIVES. (a) Extension of Biodiesel and Renewable Diesel Credit.-- (1) In general.--Section 40A(g) of the Internal Revenue Code of 1986 is amended by striking ``2024'' and inserting ``2026''. (2) Denial of double benefit.--Section 40A of such Code is amended-- (A) by redesignating subsection (g) (as amended) as subsection (h), and (B) by inserting after subsection (f) the following new subsection: ``(g) Denial of Double Benefit.--In the case of any fuel with respect to which a credit is allowed under section 45Z(a) for any taxable year, the amount determined under this section with respect to such fuel shall be zero.''. (b) Extension of Biodiesel Mixture Credit.-- (1) Extension of credit for fuels used for taxable purposes.-- (A) In general.--Section 6426(c)(6) of such Code is amended by striking ``2024'' and inserting ``2026''. (B) Denial of double benefit.--Section 6426(c) of such Code is amended by adding at the end the f