Sen. Marshall: 45Z Tax Credit Now Limits Eligibility for Biofuel Made from Imported Waste Oils

U.S. Senator Roger Marshall of Kansas discusses expected changes to the 45Z tax credit and what they could mean for agriculture and rural America.

WASHINGTON, D.C. (RFD NEWS) — The U.S. Treasury Department is expected to publish updated guidance on the 45Z tax credit on Wednesday. The revised guidance prioritizes North American feedstocks and limits eligibility for imported waste oils such as cooking oil and tallow. It also removes the indirect land use penalty, which the American Soybean Association has previously identified as a significant barrier.

Senator Roger Marshall (R-KS) joined us on Wednesday’s Market Day Report to share his perspective on the new guidance and highlight the potential benefits of the tax credit — not only for farmers and biofuel producers, but also for rural communities.

In his interview with RFD NEWS, Sen. Marshall discussed the details of the revisions and how they reflect priorities he has supported for U.S. agriculture. He also addressed how long the industry has waited for updated guidance, discussed the certainty the changes could bring to producers, and outlined what comes next in the process as the guidance is finalized.

Finally, Marshall shared a message for Kansas cattle producers as NCBA’s CattleCon gets underway in Nashville.

Related Stories
RealAg Radio’s Shaun Haney shares insights from new Real Agri-Studies research surrounding the relationship between farmers and their lenders and what it reveals about the current farm economy.
Farm Bureau economist Dr. Faith Parum explains how geopolitical dynamics in the Middle East could further tighten fertilizer movement, increase fuel costs, and complicate planting decisions for U.S. farmers this spring.
Farm CPA Paul Nieffer explains the Farmer Bridge Assistance payment limits, provides clarity on new legislation, and offers advice for producers considering business structure adjustments.
Missouri Farm Bureau President Garrett Hawkins discusses the potential impact of data center growth on farmland, the Landowner Fairness Act, and key priorities for Missouri farmers heading into planting season.
Dr. David Anderson with Texas A&M University AgriLife Extension discusses how geopolitical tensions and the Middle East, along with export disruptions in the Chinese market, will shape cattle markets in the months ahead.
A man accused of orchestrating a nationwide cattle investment fraud scheme has been arrested in California after being on the FBI’s wanted list.

Marion is a digital content manager for RFD News and FarmHER + RanchHER. She started working for Rural Media Group in May 2022, bringing a decade of digital experience in broadcast media and some cooking experience to the team.

LATEST STORIES BY THIS AUTHOR:

Farmer Ed Bell shares how AGRAbility helped him return to his family’s strawberry farm and inspire resilience, legacy, and hope in rural life.
Weskan Grain CEO Will Bramblett discusses the antitrust lawsuit filed by grain farmers and agribusinesses, and its potential implications on rail competition and market access.
RealAg Radio host Shaun Haney shares insight into Canada’s trade push in Mexico and what it could signal for agriculture and the USMCA moving forward.
Jim Rothermich with the American Society of Farm Managers and Rural Appraisers joined us to share the latest on farmland real estate markets across the Midwest.
Lawmakers request information from CEO Scott Stump over sponsorship concerns and potential implications for the organization’s nonprofit status.
Roger McEowen with the Washburn School of Law reviews key highlights from the House Agriculture Committee’s latest farm bill proposal.