Sausage casings bulletin, January 10, 2025
Runner market commentary
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Draft regulations for the Clean Fuel Production Credit (CFPC), part of the Inflation Reduction Act (IRA), were released on Friday January 10 by the US Treasury Department and the Internal Revenue Service (IRS).
These rules outline the implementation of the 45Z tax credit, which replaces the $1-per-gallon Blenders Tax Credit that expired at the end of 2024.
The Treasury Department is requesting public comments by April 10.
The released guidance provides new clarity for transportation fuels seeking CFPC eligibility, with notable...