HR 2460 - Eliminating the RFS and Its Destructive Outcomes Act

Summary

This bill, titled the "Eliminating the RFS and Its Destructive Outcomes Act," aims to repeal the Renewable Fuel Standard (RFS) program. The RFS is a federal policy that requires transportation fuel sold in the U.S. to contain a minimum volume of renewable fuels, such as corn-based ethanol.

Key Provisions

The main provisions of the bill include:

1. Repeal of the Renewable Fuel Standard: The bill would completely eliminate the RFS program, removing the federal mandate for blending renewable fuels into the nation's transportation fuel supply.

2. Termination of RFS Compliance Requirements: The bill would end the requirement for oil refiners and importers to meet annual renewable fuel volume obligations under the RFS.

3. Removal of RFS-Related Regulations: All regulations and enforcement mechanisms related to the RFS would be rescinded, eliminating the compliance burden on fuel producers and distributors.

Affected Stakeholders

The primary stakeholders affected by this bill would be:

• Oil and Fuel Refiners: The repeal of the RFS would eliminate the blending requirements and associated compliance costs for these companies.
• Corn and Biofuel Producers: The loss of the RFS mandate could significantly reduce demand and prices for corn-based ethanol and other renewable fuels.
• Consumers: The changes could impact fuel prices and availability, with potential effects on transportation costs for individuals and businesses.

Procedural and Timeline Aspects

The bill was introduced in the U.S. House of Representatives on March 27, 2025. If passed, the provisions would take effect immediately upon the bill becoming law, with no additional phase-in or transition period specified.