To amend the Internal Revenue Code of 1986 to extend the energy credit for qualified biogas property.
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 creates extends the energy tax credit deadline for qualified biogas property from December 31, 2024 to December 31, 2025, allowing property whose construction begins after December 31, 2024 to qualify for the credit. It relies on tax credits. The main policy areas are Energy, Agriculture, Environment, and Trade.
Who Benefits and How
Biogas facility operators and developers constructing facilities in 2025 could gain revenue opportunities, Dairy and livestock farms implementing biogas systems could see lower costs, and Agricultural operations installing anaerobic digesters for biogas production could see lower costs.
Who Bears the Burden and How
Federal taxpayers (through reduced tax revenue) could face higher costs.
Key Provisions
- Creates extends the energy tax credit deadline for qualified biogas property from December 31, 2024 to December 31, 2025, allowing property whose construction begins after December 31, 2024 to qualify for the credit.
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 creates extends the energy tax credit deadline for qualified biogas property from December 31, 2024 to December 31, 2025, allowing property whose construction begins after December 31, 2024 to qualify for the credit.
Key Policy Areas
Energy, Agriculture, Environment, Trade
Primary Purpose
The bill creates extends the energy tax credit deadline for qualified biogas property from December 31, 2024 to December 31, 2025, allowing property whose construction begins after December 31, 2024 to qualify for the credit.
Policy Domains
Section 1 - Short Title
Identified Gains
- Biogas facility operators and developers constructing facilities in 2025
- Dairy and livestock farms implementing biogas systems
- Agricultural operations installing anaerobic digesters for biogas production
- Waste management companies building organic waste-to-energy facilities
- Renewable energy investors and project financiers
Identified Costs
- Federal taxpayers (through reduced tax revenue)
Sponsors
Legislative Progress
IntroducedMs. Scholten (for herself and Mr. Valadao) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Biogas facility operators and developers constructing facilities in 2025
Agricultural operations installing anaerobic digesters for biogas production
Dairy and livestock farms implementing biogas systems
Waste management companies building organic waste-to-energy facilities
Renewable energy investors and project financiers
Equipment manufacturers for biogas and anaerobic digestion systems
Federal taxpayers (through reduced tax revenue)
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_secretary"
- → Secretary of the Treasury (implicitly, via IRC administration)
Key Definitions
Terms defined in this bill
Property eligible for energy credit under Internal Revenue Code Section 48(c)(7), which pertains to biogas facilities that convert organic waste into renewable energy
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