119-hr549

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

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Introduced:
Jan 16, 2025
Policy Area:
Taxation

Bill Statistics

3
Actions
0
Cosponsors
1
Summaries
1
Subjects
1
Text Versions
Yes
Full Text

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Latest Action

Jan 16, 2025
Referred to the House Committee on Ways and Means.

Summaries (1)

Introduced in House - Jan 16, 2025 00
<p>This bill repeals the business tax credit for clean fuel production beginning in 2025. (Under current law, the business tax credit for clean fuel production is available for the production and sale of qualified transportation fuel between 2025 and 2027.)</p>

Actions (3)

Referred to the House Committee on Ways and Means.
Type: IntroReferral | Source: House floor actions | Code: H11100
Jan 16, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: Intro-H
Jan 16, 2025
Introduced in House
Type: IntroReferral | Source: Library of Congress | Code: 1000
Jan 16, 2025

Subjects (1)

Taxation (Policy Area)

Text Versions (1)

Introduced in House

Jan 16, 2025

Full Bill Text

Length: 1,190 characters Version: Introduced in House Version Date: Jan 16, 2025 Last Updated: Nov 15, 2025 6:25 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 549 Introduced in House

(IH) ]

<DOC>

119th CONGRESS
1st Session
H. R. 549

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

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

January 16, 2025

Ms. Van Duyne 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 repeal the clean fuel
production credit.

Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.

(a) In General.--Part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 is amended by striking
section 45Z (and by striking the item relating to such section in the table of sections for such part).
by striking the item relating to such section in the table of sections
for such part).

(b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after December 31, 2024.
<all>