S. 5583Senate119th Congress (2025-2027)In Committee

Small Agri-Biodiesel Producer Credit Extension Act

A bill to amend the Internal Revenue Code of 1986 to extend the small agri-biodiesel producer credit.

Introduced September 29, 2026

AI-Generated Summary

Updated October 9, 2026 at 3:41 AM UTC

The Small Agri‑Biodiesel Producer Credit Extension Act updates the tax code to keep alive a credit that helps small producers of biodiesel made from agricultural feedstocks. The bill simply pushes the credit’s expiration date forward, allowing eligible producers to claim the credit through the end of 2029. It affects small agribusinesses that produce biodiesel and the taxpayers who claim the credit.

Key Provisions

  • Amends Section 40A(g) of the Internal Revenue Code, changing the credit’s expiration from December 31, 2026 to December 31, 2029.

Legislative Activity

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1 earlier action
SenateIntro Referral Latest Action

Read twice and referred to the Committee on Finance.

September 29, 2026

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SenateIntro Referral

Introduced in Senate

September 29, 2026

SenateIntro Referral

Read twice and referred to the Committee on Finance.

September 29, 2026

Bill Text

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Introduced in SenateIssued September 29, 2026

II

119th CONGRESS

2d Session

S. 5583

IN THE SENATE OF THE UNITED STATES

September 29, 2026

Mr. Grassley (for himself and Ms. Klobuchar) introduced the following bill; which was read twice and referred to the Committee on Finance

A BILL

To amend the Internal Revenue Code of 1986 to extend the small agri-biodiesel producer credit.

1.

Short title

This Act may be cited as the Small Agri-Biodiesel Producer Credit Extension Act.

2.

Extension of small agri-biodiesel producer credit

Section 40A(g) of the Internal Revenue Code of 1986 is amended by striking December 31, 2026 and inserting December 31, 2029.