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- Cost Estimate
As introduced on December 13, 2019
- Cost Estimate
As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 24, 2019
- Cost Estimate
As ordered reported by the House Committee on Small Business on May 1, 2019
- Report
Using Biofuel Tax Credits to Achieve Energy and Environmental Policy Goals
- Blog Post
The federal government supports the use of biofuels—transportation fuel produced usually from renewable plant matter, such as corn—in the pursuit of national energy, environmental, and agricultural policy goals. Tax credits encourage the production and sale of biofuels in the United States, while federal mandates specify minimum amounts and types of biofuel usage each year through 2022. Tax credits effectively lower the private costs of producing biofuels relative to the costs of producing their substitutes, gasoline and diesel fuel.
- Data and Technical Information