To amend the Internal Revenue Code of 1986 to establish tax credits for the production of, and investment in, certain renewable materials.

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 8137 Introduced in House (IH)] <DOC> 119th CONGRESS 2d Session H. R. 8137 To amend the Internal Revenue Code of 1986 to establish tax credits for the production of, and investment in, certain renewable materials. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES March 27, 2026 Mrs. Fischbach (for herself and Ms. Budzinski) 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 establish tax credits for the production of, and investment in, certain renewable materials. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. CREDIT FOR RENEWABLE MATERIALS PRODUCTION. (a) In General.--Subpart D of part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by adding at the end the following new section: ``SEC. 45BB. RENEWABLE MATERIALS PRODUCTION CREDIT. ``(a) Allowance of Credit.--For purposes of…