Biodiesel Tax Credit Extension Act of 2021
This bill extends the income and excise tax credits for biodiesel and renewable diesel used as fuel through 2025.
To amend the Internal Revenue Code of 1986 to extend for 3 years tax 
        credits with respect to biodiesel and renewable diesel.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Biodiesel Tax Credit Extension Act 
of 2021''.

SEC. 2. BIODIESEL AND RENEWABLE DIESEL.

    (a) Income Tax Credit.--
            (1) In general.--Section 40A(g) of the Internal Revenue 
        Code of 1986 is amended by striking ``2022'' and inserting 
        ``2025''.
            (2) Effective date.--The amendment made by this subsection 
        shall apply to fuel sold or used after December 31, 2022.
    (b) Excise Tax Incentives.--
            (1) Termination.--
                    (A) In general.--Section 6426(c)(6) of such Code is 
                amended by striking ``2022'' and inserting ``2025''.
                    (B) Payments.--Section 6427(e)(6)(B) of such Code 
                is amended by striking ``2022'' and inserting ``2025''.
            (2) Effective date.--The amendments made by this subsection 
        shall apply to fuel sold or used after December 31, 2022.
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Biodiesel Tax Credit Extension Act of 2021
To amend the Internal Revenue Code of 1986 to extend for 3 years tax credits with respect to biodiesel and renewable diesel.
Biodiesel Tax Credit Extension Act of 2021
Rep. Axne, Cynthia