To amend the Internal Revenue Code of 1986 to extend the clean fuel production credit.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill extends the federal tax credit for producing clean fuels (Section 45Z of the tax code) by 10 additional years, pushing the expiration date from December 31, 2027 to December 31, 2037. The credit rewards fuel producers whose products have lower lifecycle greenhouse gas emissions than conventional fuels.
Who Benefits and How
Clean fuel producers -- including biofuel manufacturers, sustainable aviation fuel producers, and other low-carbon fuel companies -- benefit from a decade of additional tax credit certainty. This longer runway gives them confidence to invest in new production facilities and expand operations. Investors in clean energy also benefit from the extended policy stability.
Who Bears the Burden and How
The federal Treasury bears the cost through reduced tax revenue over the 10-year extension period. Conventional fossil fuel producers face a competitive disadvantage as their clean fuel competitors continue to receive tax credits. Taxpayers generally bear the cost of the foregone revenue.
Key Provisions
- Extends the Section 45Z clean fuel production tax credit expiration from 2027 to 2037
- Applies to fuel sold after December 31, 2027
- Makes no changes to the credit amount or eligibility requirements
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
Extends the clean fuel production tax credit under Section 45Z of the Internal Revenue Code by 10 years, from December 31, 2027 to December 31, 2037, providing longer-term incentives for producers of clean fuels.
Key Policy Areas
Energy, Taxation, Environment
Primary Purpose
Extends the clean fuel production tax credit under Section 45Z of the Internal Revenue Code by 10 years, from December 31, 2027 to December 31, 2037, providing longer-term incentives for producers of clean fuels.
Policy Domains
Whole Bill
Identified Gains
Contextual inference, no direct clause citation- Clean fuel producers
- Biofuel manufacturers
- Sustainable aviation fuel producers
- Clean energy investors
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Federal Treasury
- Conventional fossil fuel producers
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
IntroducedMr. Schneider (for himself, Ms. Brownley, and Mr. Kildee) introduced …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology