HR2902-118

Introduced

To amend the Internal Revenue Code of 1986 to repeal the alcohol fuels credit, the biodiesels fuel credit, the sustainable aviation fuel credit, the clean fuel production credit, the alcohol fuel, biodiesel, and alternative fuel mixtures credit, and other related provisions.

118th Congress Introduced Apr 26, 2023

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

The bill requires repeal of Alcohol fuels credit Section 40 is repealed, requires repeal of biodiesels fuel credit Section 40A is repealed, and requires repeal of sustainable aviation fuel credit Section 40B is repealed. It relies on definition changes, compliance mandates, trade restrictions, and product standards. The main policy areas are Transportation, Airlines, and Foreign Policy.

Who Benefits and How

Aviation operators and passengers affected by the bill could face lower compliance burdens, Transportation operators and users affected by the bill could face lower compliance burdens, and Foreign businesses and cross-border trade participants affected by the bill could face lower compliance burdens.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties.

Key Provisions

  • Requires repeal of Alcohol fuels credit Section 40 is repealed.
  • Requires repeal of biodiesels fuel credit Section 40A is repealed.
  • Requires repeal of sustainable aviation fuel credit Section 40B is repealed.
  • Requires repeal of specific inclusion of alcohol and biodiesel fuel credits in gross income Section 87 is repealed.
  • Requires repeal of clean fuel production credit Section 45Z is repealed.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires repeal of Alcohol fuels credit Section 40 is repealed, requires repeal of biodiesels fuel credit Section 40A is repealed, and requires repeal of sustainable aviation fuel credit Section 40B is repealed.

Key Policy Areas

Transportation, Airlines, Foreign Policy

Primary Purpose

The bill requires repeal of Alcohol fuels credit Section 40 is repealed, requires repeal of biodiesels fuel credit Section 40A is repealed, and requires repeal of sustainable aviation fuel credit Section 40B is repealed.

Policy Domains

Transportation Airlines Foreign Policy

Whole bill

Identified Gains
  • Aviation operators and passengers affected by the bill
  • Transportation operators and users affected by the bill
  • Foreign businesses and cross-border trade participants affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Aviation operators and passengers affected by the bill: , , , , , ,
Transportation operators and users affected by the bill: ,
Foreign businesses and cross-border trade participants affected by the bill: ,
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Federal, state, or local agencies responsible for implementing the clause: , , , , , ,

Legislative Progress

Introduced
Introduced Committee Passed
Apr 26, 2023

Mr. Perry (for himself, Mr. Gosar, Mr. Burlison, and Mr. …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Transportation Airlines Foreign Policy

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