HR 549 · 119th CongressIn Committeecongress.gov ↗

To amend the Internal Revenue Code of 1986 to repeal the clean fuel production credit.

Road to The Floor

How it works

Introduced

In Committee

On The Floor

Passed a Chamber

Passed Congress

To President

Became Law

What this bill does

AI plain-language summary

This bill would end a tax credit that businesses can get for making clean fuel. Under current law, businesses can get this tax credit from 2025 to 2027 for producing and selling certain types of transportation fuel. The bill would stop this tax credit starting in 2025.

Introduced

January 16, 2025

Policy Area

Taxation

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