HR 3264 — Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017
Last action — Referred to the House Committee on Ways and Means.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
This bill died with 115th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.
In plain language
This bill extends tax incentives for biodiesel, renewable diesel, and alternative fuels.
The bill extends and modifies existing tax incentives for biodiesel and renewable fuels through 2021. It includes a phasedown of credits starting in 2019.
What this means for you
- Small Business: This bill may benefit small businesses involved in the production and sale of biodiesel and alternative fuels.
Summary
Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017 This bill amends the Internal Revenue Code to extend and modify the tax credits for biodiesel, renewable diesel, and alternative fuels. The bill extends through 2021: (1) the income tax credit for biodiesel and renewable diesel used as fuel, (2) the excise tax credit for biodiesel mixtures, (3) the excise tax credit for alternative fuels, (4) the excise tax credit for alternative fuel mixtures, and (5) the payments that are equivalent to the excise tax credits for biodiesel mixtures and alternative fuels. Beginning in 2019, the bill phases down the credits for biodiesel, biodiesel mixtures, alternative fuels, and alternative fuel mixtures by reducing the credits by specified amounts.
Bill Text
- Introduced Introduced in House Current html July 17, 2017
AI-generated reading aid from the bill's amendatory text — verify against the official bill.
This bill extends the tax incentives for biodiesel, renewable diesel, and alternative fuels through 2021 and modifies the amounts for certain credits starting in 2019.
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Section 40A
December 31, 2016→ December 31, 2021Extends the income tax credit deadline for biodiesel and renewable diesel to December 31, 2021.
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Section 40A
$1.00→ $0.75 for taxable years beginning in 2019, and $0.50 for taxable years beginning after 2019Phases down the tax credit amount for biodiesel and renewable diesel starting in 2019.
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Section 6426(c)
December 31, 2016→ December 31, 2021Extends the excise tax credit for fuels to December 31, 2021.
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Section 6427(e)(6)
December 31, 2016→ December 31, 2021Extends the payments deadline for alternative fuels excise tax credits to December 31, 2021.
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Section 6426(c)
the period at the end→ ($0.75 for fuel sold or used in 2019 and $0.50 for fuel sold or used after 2019)Adds a phasedown provision for the excise tax credit for fuels beginning in 2019.
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Section 6426(d)
December 31, 2016→ December 31, 2021Extends the alternative fuels excise tax credits to December 31, 2021.
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Section 6427(e)(6)
December 31, 2016→ December 31, 2021Extends the outlay payments deadline for alternative fuels to December 31, 2021.
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Section 6426(d)
50 cents→ (37.5 cents for fuel sold or used in 2019 and 25 cents for fuel sold or used after 2019)Phases down the alternative fuel credit amount starting in 2019.
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Section 6426(e)
50 cents→ (37.5 cents for fuel sold or used in 2019 and 25 cents for fuel sold or used after 2019)Phases down the alternative fuel mixture credit amount starting in 2019.
Action History
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Introduced in House
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Introduced in House
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Referred to the House Committee on Ways and Means.
Sponsors
- Diane Black · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 546 not signed on
Sponsors (1)
- Black, Diane Republican
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.
Subjects
Frequently asked questions
- What does HR 3264 do?
- Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017 This bill amends the Internal Revenue Code to extend and modify the tax credits for biodiesel, renewable diesel, and alternative fuels. The bill extends through 2021: (1) the income tax credit for biodiesel and renewable diesel used as fuel, (2) the excise tax credit for biodiesel mixtures, (3) the excise tax credit for alternative fuels, (4) the excise tax credit for alternative fuel mixtures, and (5) the payments that are equivalent to the excise tax credits for biodiesel mixtures and alternative fuels. Beginning in 2019, the bill phases down the credits for biodiesel, biodiesel mixtures, alternative fuels, and alternative fuel mixtures by reducing the credits by specified amounts.
- Who sponsors HR 3264?
- HR 3264 is sponsored by Black, Diane (Republican).
- What is the current status of HR 3264?
- This bill died with 115th Congress. It reached “In Committee” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
- Where can I track HR 3264?
- Track HR 3264 free on One Click Politics — get push/email alerts when it moves.
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Last checked for changes 3 months ago · updated continuously
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