Waiting for 45Z Tax Credit Guidance

Uncertainty surrounds the 45Z Clean Fuel Production Tax Credit. The Renewable Fuels Association Senior Vice President for Government and Public Affairs Troy Bredenkamp remains upbeat. “We are hopeful that they (Biden Administration) will put out an interim guidance for some type of proposed rule, something that may include the safe harbor agreement and something that would clearly give those participants some protections from a tax credit perspective that it wouldn’t be able to be clawed back, at least in the year 2025.”