HR 2448
Renewable Natural Gas Incentive Act of 2023
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- Passed House
- Passed Senate
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- Became Law
Bill overview
The Renewable Natural Gas Incentive Act of 2023 creates a tax credit for businesses and individuals who use renewable natural gas (RNG) as fuel for vehicles, boats, or aviation. The credit is equal to $1.00 per gallon of RNG or its gasoline gallon equivalent. The bill also establishes rules for blended RNG, clarifies certification requirements, and ensures that RNG is sourced within the United States to qualify for the credit, with a sunset provision of December 31, 2033.
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Primary sponsor
Cosponsors
Anthony D'Esposito
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