Treasury Urged to Finish Clean Fuel Credit Rules by Lawmakers

The Treasury Department should take swift action to finalize clean fuel production rules to address unresolved pieces of July’s GOP tax law for the biofuels industry, a bipartisan group of House lawmakers said in a letter.

The letter, led by Rep. Tracey Mann (R-Kan.) and signed by a bipartisan mix of over two dozen lawmakers, called on Treasury Secretary Scott Bessent to finalize the implementation rules for the Section 45Z credit that prioritizes North American feedstocks.

“This lack of clarity has left capital stranded, stalling investments that are essential for fueling American jobs and strengthening our domestic energy sector,” the ...