IndianaSB 254First Regular Session 124th General Assembly (2025)SenateWALLET

Biofuel tax credits.

Sponsored By: Brian Buchanan (Republican)

Failed

Summary

Provides tax credits for: (1) the sale of higher ethanol blend; and (2) the: (A) sale of blended biodiesel or renewable diesel; and (B) blending of biodiesel or renewable diesel. Specifies the amount of the tax credit for higher ethanol blend. Limits the total amount of higher ethanol blend tax credits that may be awarded in a state fiscal year to $10,000. Specifies the amount of the tax credit for blended biodiesel or renewable diesel. Limits the total amount of blended biodiesel or renewable diesel tax credits that may be awarded in a state fiscal year to $10,000.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Brian Buchanan

    Republican • Senate

Cosponsors

  • Brett Clark

    Republican • Senate

  • Greg Walker

    Republican • Senate

  • Kendell Culp

    Republican • House

  • Linda Rogers

    Republican • Senate

  • Lonnie Randolph

    Democratic • Senate

Roll Call Votes

All Roll Calls

Yes: 46 • No: 3

Senate vote • 2/10/2025

Third reading: passed

Yes: 46 • No: 3

Actions Timeline

  1. First reading: referred to Committee on Ways and Means

    3/3/2025House
  2. Referred to the House

    2/11/2025Senate
  3. Third reading: passed; Roll Call 86: yeas 46, nays 3

    2/10/2025Senate
  4. House sponsor: Representative Culp

    2/10/2025Senate
  5. Senator Clark added as second author

    2/6/2025Senate
  6. Senator Rogers added as third author

    2/6/2025Senate
  7. Second reading: ordered engrossed

    2/6/2025Senate
  8. Senator Randolph added as coauthor

    2/6/2025Senate
  9. Senator Walker G added as coauthor

    2/6/2025Senate
  10. Committee report: amend do pass, adopted

    2/4/2025Senate
  11. Authored by Senator Buchanan

    1/13/2025Senate
  12. First reading: referred to Committee on Tax and Fiscal Policy

    1/13/2025Senate

Bill Text

  • Introduced Senate Bill (S)

  • Senate Bill (H)

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