Us Congress 2025-2026 Regular Session

Us Congress House Bill HB536

Introduced
1/16/25  

Caption

Agricultural Environmental Stewardship Act of 2025

Impact

If enacted, HB 536 would significantly impact energy regulations related to biogas production, effectively supporting sustainability initiatives within the agricultural sector. Through the extension of the energy credit, the bill is likely to bolster the financial feasibility of biogas projects, which can provide farmers with an additional revenue stream and contribute to reducing greenhouse gas emissions. Such incentives align with broader governmental goals of transitioning towards cleaner energy sources while simultaneously supporting agricultural innovations.

Summary

House Bill 536, officially titled the ‘Agricultural Environmental Stewardship Act of 2025,’ aims to amend the Internal Revenue Code by extending the energy credit for qualified biogas property. This bill seeks to incentivize the development and construction of facilities that generate biogas, which is considered a renewable energy source. By extending the energy credit deadline from December 31, 2024, to December 31, 2025, the bill encourages investment in biogas facilities and reinforces the government’s commitment to promoting environmentally-friendly agricultural practices.

Contention

While the bill aims to promote renewable energy and sustainable farming practices, it may face scrutiny and debate about the potential impacts on federal revenues and the prioritization of agricultural funding. Some lawmakers may question whether extending such tax credits serves the greater public good or disproportionately advantages certain agricultural entities. Furthermore, there may be discussions regarding how these credits will be monitored and if they lead to tangible environmental benefits, thus sparking various points of contention in legislative sessions.

Congress_id

119-HR-536

Policy_area

Taxation

Introduced_date

2025-01-16

Companion Bills

No companion bills found.

Similar Bills

No similar bills found.