Biodiesel Tax Credit Extension Act of 2024

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [S. 5582 Introduced in Senate (IS)] <DOC> 118th CONGRESS 2d Session S. 5582 To amend the Internal Revenue Code of 1986 to extend the biodiesel fuels credit and the biodiesel mixture credit. _______________________________________________________________________ IN THE SENATE OF THE UNITED STATES December 18 (legislative day, December 16), 2024 Mr. Tillis (for himself, Mr. Ricketts, Mr. Grassley, Mrs. Fischer, and Ms. Ernst) introduced the following bill; which was read twice and referred to the Committee on Finance _______________________________________________________________________ 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 2024''. SEC. 2. EXTENSION OF BIODIESEL AND RENEWABLE DIESEL CREDIT AND BIODIESEL MIXTURE CREDIT. (a) Extension of Biodiesel and Renewable Diesel Credit.-- (1) In general.--Section 40A(g) of the…