US SB1250 | 2009-2010 | 111th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on June 11 2009 - 25% progression, died in chamber
Action: 2009-06-11 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557)
Text: Latest bill text (Introduced) [PDF]

Summary

Algae-based Renewable Fuel Promotion Act of 2009 - Amends the Internal Revenue Code to: (1) expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and (2) allow accelerated depreciation of property used to produce algae-based biofuel. Defines "algae-based biofuel" as any liquid fuel which is produced from the biomass of an algal organism (i.e., an organism that is primarily aquatic and classified as a non-vascular plant).

Tracking Information

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Title

Algae-based Renewable Fuel Promotion Act of 2009

Sponsors


History

DateChamberAction
2009-06-11 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557)
2009-06-11 Sponsor introductory remarks on measure. (CR S6556-6557)

Same As/Similar To

HB3460 (Related) 2009-09-08 - Referred to the Subcommittee on Energy and Environment.
HB4168 (Same As) 2010-11-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 639.

Subjects


US Congress State Sources


Bill Comments

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