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HR 311In committeeTaxeshouse

Restoring Fuel Market Freedom Act of 2025

Introduced Jan 9, 2025 by Rep. Scott Perry

IntroducedCommitteeFloorCongressLaw

It's waiting on a committee vote to reach the full chamber. Most bills never leave this stage.

Latest action · Jan 9, 2025
Referred to the House Committee on Ways and Means.
Read it on Congress.gov
What it does

This bill repeals multiple fuel-related federal tax credits and the credit or refund of federal fuel excise taxes paid on certain fuels used for nontaxable purposes.

Specifically, the bill repeals the

business tax credit for clean fuel production (tax credit for the production of clean fuels produced after 2024 and sold before 2028);

business tax credit for second-generation biofuel producers (tax credit for the production before 2025 of fuel derived from qualified feedstocks that meets certain other requirements);

Read the full summary on Congress.gov

Summary by the Congressional Research Service.

Roll-call votes

No floor votes yet — it hasn't reached the floor of either chamber.