H.R. 8497In committeeJobs & the economy
Bill extends biodiesel tax credits through 2029
Data as of July 11, 2026
Congress would extend biodiesel and renewable diesel tax breaks through 2029, but businesses could not use those breaks and the newer 45Z clean fuel credit on the same fuel.45-second read · 4 questions answered below
Decoded
What does this do?
This bill extends federal tax breaks for biodiesel and renewable diesel fuel through 2029. Those breaks had been set to expire after 2024. It also adds a rule that prevents anyone from claiming both these tax breaks and a separate clean fuel tax credit, known as the 45Z credit, for the same batch of fuel.
Who does it affect?
Fuel producers, blenders, and distributors who work with biodiesel and renewable diesel are most directly affected. Farmers and other suppliers who provide raw materials like vegetable oils, animal fats, or recycled grease are also affected.
Why does it matter?
Without the extension, these tax breaks would have ended after 2024. The new rule means businesses must choose between two available tax credits rather than using both at once for the same fuel.
Where does it stand?
- Introduced
- House committee — You are here
- House vote
- Senate
- President's desk
Right now: a House committee is reviewing it. If the Senate changes it, it goes back to the House before reaching the President.
AI-drafted summary. Verify it against the official text before you act on it.
Three steps: where you stand, your script, the call.
Make the callSee how a call works
Official title
Supporting Energy and Economic Development (SEED) Act
- Introduced:
- April 27, 2026
- Latest action:
- April 27, 2026
Referred to the House Committee on Ways and Means.
Read the official bill on Congress.govMake the call
Three steps: where you stand, your script, the call.