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Clean Fuel Production Credit (Section 45Z / Section 70521)

Illinois — state program$0.20 or $1.00
Extends and modifies the Section 45Z Clean Fuel Production Credit for fuel sold before January 1, 2030. Applicable amounts are $0.20 or $1.00 per gallon for transportation fuel produced after December 31, 2025. Includes provisions for sustainable aviation fuel (SAF) and small agri-biodiesel producers.

Program details

Type
tax-credit
Amount
$0.20 or $1.00
Eligibility
Producers of qualifying transportation fuel; fuel must be exclusively derived from feedstock produced or grown in the United States, Mexico, or Canada for fuel produced after Dec. 31, 2025. Credit cannot be claimed by specified foreign entities (for taxable years beginning after July 4, 2025) or foreign-influenced entities (for taxable years beginning after July 4, 2027).
Status
open
Administrator
IRS
Source: Illinois — state program. Confirm current terms with the administering agency before applying.

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