Lawmakers Introduce Bill To Extend Clean Fuel Production Act
Congressman Brad Schneider (IL-10), alongside Reps. Dan Kildee (MI-08) and Julia Brownley (CA-26), introduced the Expanding Clean Fuel Production Act, which seeks to extend the Section 45Z Clean Fuel Production Credit (CFPC) by an additional ten years, pushing its expiration to 2037. The bill aims to bolster investments in clean fuel production technologies, particularly Sustainable Aviation Fuel (SAF), to help reduce greenhouse gas emissions in the transportation sector.
The current CFPC, established under the Inflation Reduction Act, is set to expire at the end of 2027. By extending the credit, the legislation would provide long-term certainty for biofuel producers, spurring continued innovation and investment in the U.S. renewable fuels sector.