HR311Referred to Committee

Restoring Fuel Market Freedom Act of 2025

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2025-01-09
Introduced
2
Cosponsors
HR
Type

Sponsor

Scott Perry
Scott Perry
Republican · PA · Representative
Votes with party: 85.9% (548 recorded votes)

Full profile: /officials/P000605

Source: Congress.gov · FEC

Cosponsors (2)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Referred to the House Committee on Ways and Means.

2025-01-09

Source: Congress.gov

Committee Activity

Currently in

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Plain-English Summary

Restoring Fuel Market Freedom Act of 2025 This bill repeals multiple fuel-related federal tax credits and the credit or refund of federal fuel excise taxes paid on certain fuels used for nontaxable purposes. Specifically, the bill repeals the business tax credit for clean fuel production (tax credit for the production of clean fuels produced after 2024 and sold before 2028); business tax credit for second-generation biofuel producers (tax credit for the production before 2025 of fuel derived from qualified feedstocks that meets certain other requirements); business tax credit for biodiesel fuels (tax credit for biodiesel fuel sold or used before 2025); business tax credit for sustainable aviation fuel (tax credit for sustainable aviation fuel sold or used before 2025); and tax credit for alcohol fuel, biodiesel, and alternative fuel mixtures (tax credit for alcohol fuel, biodiesel, and alternative fuel mixtures sold or used before 2025). Finally, the bill repeals expired provisions that allow a credit or refund of excise taxes paid on alcohol, biodiesel, alternative fuel, or sustainable aviation fuel that is used for nontaxable purposes.

Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.

Subjects

Taxation
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