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TX HB405
Bill
Status
4/30/2025
Primary Sponsor
Richard Hayes
Click for details
AI Summary
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Reenacts provisions establishing a fee of 3.2 cents per gallon on fuel ethanol, renewable diesel, and per MMBtu of renewable methane produced at registered plants in Texas
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Imposes a lower fee of 1.6 cents per gallon on biodiesel production at registered plants
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Provides grants of 20 cents per gallon for fuel ethanol, renewable diesel, and per MMBtu of renewable methane produced at registered plants
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Establishes grants of 10 cents per gallon for biodiesel produced at registered plants, available for 10 years from the date production begins
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Takes effect immediately with two-thirds legislative approval, otherwise becomes effective September 1, 2025
Legislative Description
Relating to fees on and grants for fuel ethanol, renewable methane, biodiesel, and renewable diesel.
Fees & Other Nontax Revenue
Last Action
Referred to Economic Development
5/5/2025