Extends biodiesel and renewable diesel incentives under the Internal Revenue Code.

The Supporting Energy and Economic Development (SEED) Act amends the Internal Revenue Code to extend the biodiesel mixture credit and biodiesel credit until December 31, 2029. It also extends the excise tax credit for biodiesel mixtures and renewable diesel mixtures until December 31, 2029. The amendments apply to fuel sold or used on or after the date of enactment of this Act.

Extends biodiesel and renewable diesel incentives under the Internal Revenue Code.

The Supporting Energy and Economic Development (SEED) Act amends the Internal Revenue Code to extend the biodiesel mixture credit and biodiesel credit until December 31, 2029. It also extends the excise tax credit for biodiesel mixtures and renewable diesel mixtures until December 31, 2029. The amendments apply to fuel sold or used on or after the date of enactment of this Act.