Farmer First Fuel Incentives Act amends the Internal Revenue Code to prohibit foreign feedstocks for clean fuel production credits.
The Farmer First Fuel Incentives Act amends the Internal Revenue Code to prohibit the use of foreign feedstocks for purposes of the clean fuel production credit. This change applies to transportation fuel sold after December 31, 2024. The bill also adjusts the lifecycle greenhouse gas emissions to exclude any emissions attributed to indirect land use change, based on regulations or methodologies determined by the Secretary in consultation with the Administrator of the Environmental Protection Agency and the Secretary of Agriculture.
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