Sustainable Advanced Biofuel Refiners applaud biofuel provisions of “big, beautiful bill”

In Missouri, the Sustainable Advanced Biofuel Refiners (SABR) Coalition, a national biodiesel trade association made up of over 70 organizational members throughout the biodiesel value chain, applauds the biofuel provisions added to the Senate budget-reconciliation legislation known as the “big, beautiful bill.” Introduced on June 28, the Senate version of the tax bill includes provisions for an immediate extension of the Section 40A Small Agri-Biodiesel Producer Tax Credit. The value of the credit increases from 10 cents to 20 cents per gallon on the first 15 million gallons. It also makes the credit transferable so that pass-through entities such as limited liability companies (LLCs) and S corporations can access the credit and monetize it. This is important transitional relief to biodiesel producers, many of which have shut down this year since the biodiesel blenders tax credit (BTC) expired on Dec. 31, 2024, while the industry awaits implementing regulations for its replacement, the Clean Fuel Production Credit (Section 45Z).