What does Preamble of Supporting Energy and Economic Development (SEED) Act do?

This bill aims to amend the Internal Revenue Code of 1986 The amendment extends biodiesel and renewable diesel incentives The bill has other purposes beyond the specified amendments

What does SHORT TITLE. of Supporting Energy and Economic Development (SEED) Act do?

This bill is formally titled the Supporting Energy and Economic Development (SEED) Act.

What does EXTENSION OF BIODIESEL AND RENEWABLE DIESEL INCENTIVES. of Supporting Energy and Economic Development (SEED) Act do?

This section extends biodiesel and renewable diesel incentives. The income tax credit for biodiesel mixture and biodiesel is amended to apply after December 31, 2024, and before the date of the enactment of the SEED Act, or after December 31, 2029. The excise tax incentives for fuels used for taxable purposes are amended to apply after December 31, 2024, and before the date of the enactment of the SEED Act, or after December 31, 2029. The amendments made by this section apply to fuel sold or used on or after the date of the enactment of this Act. Denial of double benefit is established for fuels with respect to which a credit is allowed under section 45Z(a)

Back to bills

Supporting Energy and Economic Development (SEED) Act

Last updated: 4/28/2026 · Introduced: 4/28/2026

Author: Marsha Blackburn (R-TN)

TL;DR (AI)

The bill extends income and excise tax credits for biodiesel and renewable diesel production and use.
These incentives will apply retroactively to fuel sold or used after the bill's enactment, and extend through 2029.
The bill prevents producers from receiving double benefits for biodiesel fuels already claiming credits under existing tax provisions.

119th Congressin committeeOfficial page

Verified Votes

No verified votes yet.

Community Votes

No community votes yet. Be the first!

Voting as guest · Sign in for verified votes

Other Sections

Includes provisions on preamble, short title., and 1 more.

3 sections

Click "Show details" to explore individual sections. Use the community vote above or visit All Sections to vote per section.

Read official text

Want the full experience?

Create a free account to cast verified votes on each section, get a personalized summary, and track your voting history.

Create Free Account