US SB2353 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on December 3 2015 - 25% progression, died in committee
Action: 2015-12-03 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 3 2015 - 25% progression, died in committee
Action: 2015-12-03 - Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381)
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Biodiesel Tax Incentive Reform and Extension Act of 2015 This bill amends the Internal Revenue Code to: (1) extend through March 31, 2016, the income tax credit for biodiesel and renewable diesel used as fuel and the excise tax credit for biodiesel fuel mixtures, (2) allow through 2018 a new income and excise tax credit equal to $1.00 for each gallon of biodiesel produced, and (3) provide for an increased credit for small biodiesel producers.
Title
Biodiesel Tax Incentive Reform and Extension Act of 2015
Sponsors
| Sen. Chuck Grassley [R-IA] | Sen. Maria Cantwell [D-WA] | Sen. Martin Heinrich [D-NM] | Sen. Pat Roberts [R-KS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2015-12-03 | Senate | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381) |
Same As/Similar To
HB4181 (Related) 2015-12-03 - Referred to the House Committee on Ways and Means.
HB5240 (Related) 2016-05-13 - Referred to the House Committee on Ways and Means.
HB5240 (Related) 2016-05-13 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/senate-bill/2353/all-info |
| Text | https://www.congress.gov/114/bills/s2353/BILLS-114s2353is.pdf |
