ICGA Statement on Release of 45Z Clean Fuel Production Tax Credit

BLOOMINGTON, Ill. – Upon the U.S. Treasury’s release of the long-awaited proposed final regulation for the 45Z Clean Fuel Production Tax Credit, IL Corn is pleased to see acknowledgement of future opportunities for farmer participation. Whether or not farmers can participate hinges on the timeliness of the final rule as 2026 management decisions are already made and planning for the 2027 crop will begin soon. 

IL Corn Growers Association President and Illinois farmer Mark Bunselmeyer issued the following statement: 

“In today’s challenging farm economy, farmers need durable market signals and opportunities to build a positive balance sheet. When crafted appropriately, this tax policy can help. I would urge the USDA to finalize its guidance and Treasury to promptly adopt the language, because our members need opportunities to consider changes to their on-farm management that will result in financial gain. 

“ICGA looks forward to continued engagement with agency officials regarding this rule and submitting formal comments to the docket.” 

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About the IL Corn Growers Association 

IL Corn Growers Association is a state-based organization that represents the interests of corn farmers in Illinois, maintaining a high profile on issues in Washington, DC, and Springfield, IL. Through grassroots advocacy, ICGA creates a future for Illinois farmers in which they can operate freely, responsibly, and successfully. In order to fulfill this mission, the organization conducts governmental affairs activities at all levels, market development projects, and educational and member service programs. For further information regarding their work and involvement, visit their website www.ilcorn.org.