Supporting Energy and Economic Development (SEED) Act
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Alignment with your views
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Summary
The Supporting Energy and Economic Development (SEED) Act amends the Internal Revenue Code to extend federal tax incentives for biodiesel and renewable diesel fuel production and use through 2029, five years beyond their current expiration date. The bill extends both income tax credits for biodiesel and renewable diesel producers and excise tax credits for these fuels used in taxable purposes. The bill includes provisions preventing double-dipping of benefits when fuels qualify for credits under section 45Z (a separate clean fuel credit).
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How your representatives voted
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