[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3472 Introduced in House (IH)]

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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.


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                    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.
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