Biodiesel Tax Credit Extension Act of 2025

# Biodiesel Tax Credit Extension Act of 2025 - Summary **What the Bill Would Do** This bill would extend the federal tax credit for biodiesel fuel production. Biodiesel is a renewable fuel made from agricultural products like soybean oil and animal fats that can be blended with or used instead of traditional petroleum diesel. The tax credit incentivizes companies to produce biodiesel by reducing the federal taxes they owe based on the amount they produce. **Who It Affects** The bill primarily benefits biodiesel producers and refineries, as well as farmers who supply the raw materials for biodiesel production. Consumers may indirectly benefit if tax incentives help lower biodiesel fuel prices or increase availability.

The bill also affects federal tax revenue, since extended credits reduce government income. **Current Status** As of now, the bill (HR 3137) is in committee, meaning it has not yet been debated or voted on by the full House of Representatives. It was introduced by Representative Mike Carey (R-OH) in the 119th Congress. The specific expiration date of the current credit and the proposed extension timeline are not detailed in the information provided.