S 4408·Federal·senate
Supporting Energy and Economic Development (SEED) Act
In CommitteeFiled Apr 28, 2026
Sponsor: Sen. Blackburn, Marsha [R-TN] (R)
Latest Action
Read twice and referred to the Committee on Finance.
Apr 28, 2026
Summary
The SEED Act amends the tax code to keep income and excise tax credits for biodiesel and renewable diesel alive beyond the current 2024 deadline, extending them until either the law’s enactment or Dec. 31, 2029. It also blocks producers from claiming overlapping credits for the same fuel. The change aims to encourage continued production and use of low‑carbon diesel fuels.
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