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119th CONGRESS
1st Session |
To amend the Internal Revenue Code of 1986 to repeal the clean fuel production credit.
Ms. Van Duyne introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to repeal the clean fuel production credit.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Repeal of clean fuel production credit.
(a) In general.—Part IV of subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by striking section 45Z (and by striking the item relating to such section in the table of sections for such part).
(b) Effective date.—The amendment made by this section shall apply to taxable years beginning after December 31, 2024.