S 1741 · 118th Congress
No Fuel Credits for Batteries Act of 2023
# No Fuel Credits for Batteries Act of 2023 This bill would eliminate a tax credit that currently allows fuel producers to claim credits for blending batteries into their fuel supply. Right now, under existing tax law, companies that produce fuel can receive tax credits when they incorporate certain renewable or al…
- Sponsor
- Grassley, Chuck (R-IA)
- Introduced
- 2023-05-18
- Policy area
- Energy
- Latest action
- Read twice and referred to the Committee on Environment and Public Works.
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