Restrict 45Z tax credit eligibility to domestically sourced feedstocks and extend the credit through 2034.

In April 2025, Budzinski co-led the introduction of the Farm First Fuel Incentives Act, which would restrict the eligibility of the 45Z tax credit to domestically sourced feedstocks and extend the credit through 2034.

Budzinski backed legislation to limit 45Z benefits to domestic feedstocks and lengthen the credit through 2034.

Budzinski Celebrates 45Z Tax Credit Proposal as Leading Advocate — Providing Certainty for Illinois Growers and Producers
primary · press_release · model gpt-5.4-mini

unverified · Source version 54663 · locator unknown

The credit is for clean transportation fuel produced domestically and sold between January 1, 2025 and December 31, 2029. Additionally, to qualify for the credit, any clean transportation fuel produced after December 31, 2025 must be exclusively derived from feedstocks either produced or grown in the United States, Mexico, or Canada.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Current IRS guidance shows the 45Z credit has been extended only through 2029 and feedstock eligibility is limited to the United States, Mexico, or Canada. This partially satisfies the commitment but falls short of a 2034 extension and is broader than U.S.-only domestic sourcing.

partial same_term

Clean Fuel Production Credit | Internal Revenue Service
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unverified · Source version 54665 · locator unknown

Mr. Mann (for himself, Ms. Kaptur, and Ms. Budzinski) introduced the following bill; which was referred to the Committee on Ways and Means. Section 45Z(g) of the Internal Revenue Code of 1986 is amended by striking ``December 31, 2027'' and inserting ``December 31, 2034''.

Unverified model/legacy excerpt; not proof. AI summary (separate from source): Official introduced bill text documents Budzinski's concrete effort on the exact 2034 extension vehicle, but the bill was referred to committee rather than enacted as written.

unresolved same_term A for effort

H.R. 2867 Introduced in House - Farmer First Fuel Incentives Act
secondary · model gpt-5.5 · confidence 90%