# 119-hr-8497: Supporting Energy and Economic Development (SEED) Act

119-hr-8497, Supporting Energy and Economic Development (SEED) Act, is a 119th Congress bill sponsored by Rep. Carey, Mike [R-OH-15] (R-OH); status introduced; PRIA reads it as touching household money (as of 2026-09-21).

- Canonical: https://policyrisk.com/legislation/119-hr-8497
- As of: 2026-09-21
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-8497
- Congress: 119
- Title: Supporting Energy and Economic Development (SEED) Act
- Status: introduced
- Introduced: 2026-04-27
- Sponsor: Rep. Carey, Mike [R-OH-15] (R-OH)
- Cosponsors: 17
- Policy area: Taxation
- Touches household money: yes
- Last recorded action: 2026-09-21

## Summary

**This bill extends federal incentives for biodiesel and renewable diesel through 2029.** It also prevents a single fuel from claiming overlapping federal credits under related sections of the tax code.

## Cosponsors (17)

- Rep. Correa, J. Luis [D-CA-46] (D-CA), 2026-04-27T00:00:00.000Z
- Rep. Kelly, Mike [R-PA-16] (R-PA), 2026-04-27T00:00:00.000Z
- Rep. Carbajal, Salud O. [D-CA-24] (D-CA), 2026-04-27T00:00:00.000Z
- Rep. LaHood, Darin [R-IL-16] (R-IL), 2026-04-27T00:00:00.000Z
- Rep. Costa, Jim [D-CA-21] (D-CA), 2026-04-27T00:00:00.000Z
- Rep. Tenney, Claudia [R-NY-24] (R-NY), 2026-04-27T00:00:00.000Z
- Rep. Miller-Meeks, Mariannette [R-IA-1] (R-IA), 2026-04-27T00:00:00.000Z
- Rep. Johnson, Dusty [R-SD-At Large] (R-SD), 2026-04-27T00:00:00.000Z
- Rep. Hinson, Ashley [R-IA-2] (R-IA), 2026-04-27T00:00:00.000Z
- Rep. Mann, Tracey [R-KS-1] (R-KS), 2026-04-27T00:00:00.000Z
- Rep. Garbarino, Andrew R. [R-NY-2] (R-NY), 2026-05-12T00:00:00.000Z
- Rep. Bost, Mike [R-IL-12] (R-IL), 2026-05-12T00:00:00.000Z
- Rep. Finstad, Brad [R-MN-1] (R-MN), 2026-05-12T00:00:00.000Z
- Rep. Feenstra, Randy [R-IA-4] (R-IA), 2026-05-19T00:00:00.000Z
- Rep. Moore, Blake D. [R-UT-1] (R-UT), 2026-06-03T00:00:00.000Z
- Rep. Tonko, Paul [D-NY-20] (D-NY), 2026-07-16T00:00:00.000Z
- Rep. Budzinski, Nikki [D-IL-13] (D-IL), 2026-09-14T00:00:00.000Z

## Provisions PRIA read

- More tax credits for biodiesel producers: benefit, medium. If enacted, the bill would let eligible biodiesel and renewable diesel producers, blenders, and sellers claim existing income and excise tax credits through 2029. It would also extend payments for fuels not used for taxable purposes through 2029. These extensions would apply only to fuel sold or us…
- No double tax credits on fuels: cost, medium. If enacted, the bill would bar a fuel from receiving both the section 45Z(a) credit and the biodiesel or renewable diesel income or excise credits in the same taxable year. For any fuel with a section 45Z(a) credit, the amount determined under section 40A or section 6426(c) for that fuel would be z…

## Related bills

- 119-hr-1262: Mikaela Naylon Give Kids a Chance Act
- 119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act
- 119-hr-2725: Affordable Housing Credit Improvement Act of 2025
- 119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025
- 119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act
- 119-hr-452: Miracle on Ice Congressional Gold Medal Act

## Sources
- [119-hr-8497 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/8497)

## Related
- [119-hr-1262: Mikaela Naylon Give Kids a Chance Act](https://policyrisk.com/legislation/119-hr-1262)
- [119-hr-842: Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage A…](https://policyrisk.com/legislation/119-hr-842)
- [119-hr-2725: Affordable Housing Credit Improvement Act of 2025](https://policyrisk.com/legislation/119-hr-2725)
- [119-hr-3514: Improving Seniors’ Timely Access to Care Act of 2025](https://policyrisk.com/legislation/119-hr-3514)
- [119-hr-4382: America’s Olympic and Paralympic Games Commemorative Coins Act](https://policyrisk.com/legislation/119-hr-4382)
- [119-hr-452: Miracle on Ice Congressional Gold Medal Act](https://policyrisk.com/legislation/119-hr-452)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-8497 (as of 2026-09-21).