Expanding Clean Fuel Production Act of 2024

The Expanding Clean Fuel Production Act of 2024 extends an existing tax credit for clean fuel producers by changing the expiration date from December 31, 2027, to December 31, 2037. This directly affects businesses producing eligible clean fuels, such as renewable diesel or sustainable aviation fuel, by allowing them to continue claiming the tax credit for a decade longer. The key provision modifies Section 45Z(g) of the Internal Revenue Code to adjust the credit's end date, maintaining the same eligibility rules. The change applies to fuel sold after December 31, 2027, providing long-term certainty for these producers.