Search Results for keywords:"gasoline gallon equivalent"

Search Results: keywords:"gasoline gallon equivalent"

H. R. 2596 — To amend the Internal Revenue Code of 1986 to promote the increased use of renewable natural gas, to reduce greenhouse gas emissions and other harmful transportation-related emissions that contribute to poor air quality, and to increase job creation and economic opportunity throughout the United States.
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April 02, 2025
Status:Introduced in House
Congress:119
Words:1,622
The bill H. R. 2596, titled the “Renewable Natural Gas Incentive Act of 2025,” proposes changes to the Internal Revenue Code to encourage the use of renewable natural gas. It introduces a tax credit of $1.00 per gallon for renewable natural gas when used as fuel for vehicles,...
Simple Explanation
The Renewable Natural Gas Incentive Act of 2025 wants to help people use cleaner gas in cars and planes by giving them $1 back for every gallon of this special gas they use, which is good for the planet and can help create new jobs.

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