118th Congress · HOUSE BILLBILL

H.R. 2448 — Renewable Natural Gas Incentive Act of 2023

“To amend the Internal Revenue Code of 1986 to promote the increased use of renewable natural gas, to reduce greenhouse gas emissions and other harmful transportation-related emissions that contribute to poor air quality, and to increase job creation and economic opportunity throughout the United States.”

Taxation

Introduced Mar 30, 2023

Last action Mar 30, 2023

Pipeline · Bill → Law

Step 1

Introduced

Mar 30, 2023

Step 2

Referred

Mar 30, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows a tax credit through 2033 equal to $1 times the number of gallons of renewable natural gas or gasoline gallon equivalent of nonliquid renewable natural gas for use as a fuel in a motor vehicle or motorboat or for use as a fuel in aviation.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Mar 30, 2023

Introduced in House

Mar 30, 2023

Referred to the House Committee on Ways and Means.