Bill Details
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This bill would extend a federal tax credit for certain biogas equipment for one more year. In simple terms, it gives businesses and farms a longer window to start building eligible biogas projects and still qualify for the energy credit. The change is meant to support continued investment in biogas systems, which can help turn organic waste into usable energy.
- The current deadline would be moved from December 31, 2024, to December 31, 2025.
- The new deadline would apply to projects whose construction begins after December 31, 2024.
- The bill changes a part of the federal tax code that covers energy credits for qualified biogas property.
- The bill’s goal is to encourage more development of biogas projects by keeping the tax benefit available longer.
Official Summaries
Agricultural Environmental Stewardship Act of 2025
This bill extends for one year the energy investment tax credit for qualified biogas property (property that converts biomass into methane and captures the gas for sale or productive use).
Under the bill, the energy investment tax credit (as part of the general business tax credit) is allowed for investments in qualified biogas property for which construction begins on or before December 31, 2025. (Under current law, to qualify for the tax credit, construction of qualified biogas property must begin on or before December 31, 2024.)
Current Full Text
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 536 Introduced in House (IH)]
<DOC>
119th CONGRESS
1st Session
H. R. 536
To amend the Internal Revenue Code of 1986 to extend the energy credit
for qualified biogas property.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
January 16, 2025
Ms. Scholten (for herself and Mr. Valadao) introduced the following
bill; which was referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to extend the energy credit
for qualified biogas property.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Agricultural Environmental
Stewardship Act of 2025''.
SEC. 2. EXTENSION OF ENERGY CREDIT FOR QUALIFIED BIOGAS PROPERTY.
(a) In General.--Section 48(c)(7)(C) of the Internal Revenue Code
of 1986 is amended by striking ``December 31, 2024'' and inserting
``December 31, 2025''.
(b) Effective Date.--The amendment made by this section shall apply
to property the construction of which begins after December 31, 2024.
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