United States 119th Congress Status: In Committee 1 D cosponsors

S 692 — Sustainable Vessel Fuel Act

Last action — Read twice and referred to the Committee on Finance.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the Senate. Introduced February 24, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 16% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (1 D).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

Bill Text

How this bill changes current law

6 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill modifies the clean fuel production credit to include a special rate for sustainable vessel fuel.

  • Section 45Z(a)(3)

    and sustainable vessel fuel

    Adds sustainable vessel fuel to the heading of the clean fuel production credit.

  • Section 45Z(a)(3)(A)

    sustainable aviation fuel → sustainable aviation fuel or sustainable vessel fuel

    Expands the types of fuel eligible for the credit to include sustainable vessel fuel.

  • Section 45Z(a)(3)(B)

    this subparagraph (A) → this section

    Clarifies references within the statute related to eligibility under the clean fuel production credit.

  • Section 45Z(d)(5)

    Sustainable vessel fuel.--(i) In general.--The term 'transportation fuel' shall include sustainable vessel fuel which satisfies the requirement under subparagraph (A)(iii). (ii) Definition.--The term 'sustainable vessel fuel' means liquid fuel which--(I) is suitable for use as a fuel in a commercial vessel or ferry (as such terms are defined in section 4462(a)(4)) and is sold for such use, (II) is not derived from palm fatty acid distillates or petroleum, (III) as determined pursuant to subsection (b)(1), has an emissions rate of zero, and (IV) satisfies the requirements of any standards which have been identified by the Secretary pursuant to clause (iii). (iii) Standards.--The Secretary shall identify any standards as are established by the American Society for Testing and Materials (or similar standards organization) with respect to liquid fuel described in subclauses (I) through (III) of clause (ii) which the Secretary determines appropriate to carry out the purposes of this subparagraph.

    Defines sustainable vessel fuel and includes it as a type of transportation fuel eligible for the clean fuel production credit.

  • Section 45Z(g)

    December 31, 2027 → (or, in the case of transportation fuel which is sustainable vessel fuel, December 31, 2035)

    Extends the termination date for the clean fuel production credit for sustainable vessel fuel to December 31, 2035.

  • The amendments made by this section shall apply to fuel produced after December 31, 2025.

    Establishes an effective date for the new provisions related to sustainable vessel fuel.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Finance.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation environment energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 692?
S 692 is sponsored by Hirono, Mazie K. (Democratic).
What is the current status of S 692?
This bill is in committee in the Senate. Introduced February 24, 2025. It must pass committee before a floor vote.
Where can I track S 692?
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Last checked for changes 3 months ago · updated continuously

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