Bills

HB 976: RELATING TO RENEWABLE FUEL.

  • Session Year: 2025-2026
  • House: House
  • Latest Version Date: 2025-02-13

Current Status:

In Progress

(2025-12-08: Carried over to 2026 Regular Session.)

Introduced

In Committee

First Chamber

In Committee

Second Chamber

Final Decking

Enacted

Version:

Amends the renewable fuels production tax credit by:  increasing the tax credit rate; specifying that the credit may be claimed for fuels that meet certain lifecycle greenhouse gas emissions and product transportation emissions thresholds; adding credit values for low lifecycle emissions renewable fuels and sustainable aviation fuels produced; allowing a taxpayer who previously claimed a credit to claim another credit for taxable years beginning after 12/31/2024; amending the credit period to be for a maximum period of ten consecutive years beginning from the effective date of this Act; and amending the required information in the certified statement.  Effective 7/1/3000.  (HD2)

Discussed in Hearing

House Standing Committee on Economic Development & Technology37MIN
Feb 12, 2025

House Standing Committee on Economic Development & Technology

House Standing Committee on Energy & Environmental Protection21MIN
Jan 28, 2025

House Standing Committee on Energy & Environmental Protection

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News Coverage:

HB 976: RELATING TO RENEWABLE FUEL. | Digital Democracy