Rep. Scholten Introduces Extension of Tax Credit for Qualified Biogas Properties
Congresswoman Hillary Scholten (D-MI) and Congressman David Valadao (R-CA) have introduced the Agricultural Environmental Stewardship Act of 2025 to extend the Section 48 investment tax credit for qualified biogas properties.
The Inflation Reduction Act extended Sec. 48 ITC through December 31, 2024, to support the deployment of certain clean energy technologies. However, the Department of Treasury’s final rulemaking was not released until December 4, 2024–27 days before the expiration of the tax credit.