To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel.
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced; (2) provide for an increased income tax credit for small biodiesel producers; (3) revise the definitions of "biodiesel" and "small biodiesel producer"; (4) treat renewable diesel in the same manner as biodiesel for income tax purposes; and (5) treat biodiesel as a taxable fuel for excise tax purposes. Extends the biodiesel income and excise tax credits through December 31, 2014.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 4070: To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel.. 111th Congress. Open America. https://openamerica.io/bill/111-HR-4070/
"H.R. 4070: To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel.." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-4070/.
H.R. 4070, 111th Cong. (2026), https://openamerica.io/bill/111-HR-4070/.
[H.R. 4070: To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel.](https://openamerica.io/bill/111-HR-4070/)