U.S. Congress - H.R.2359 Imported Ethanol Parity Act
H.R.2359 - Imported Ethanol Parity Act
To ensure parity between the temporary duty imposed on ethanol and tax credits provided on ethanol. view all titles (2)
All Bill Titles
- Short: Imported Ethanol Parity Act as introduced.
- Official: To ensure parity between the temporary duty imposed on ethanol and tax credits provided on ethanol. as introduced.
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Official Summary
5/12/2009--Introduced.Imported Ethanol Parity Act - Requires the President to: (1) reduce semiannually the temporary duty imposed on ethanol by an amount equal to the reduction in any federal income or excise tax credit for alcohol and ethanol blends used as fuel; and (2) take other necessOfficial Summary
5/12/2009--Introduced.Imported Ethanol Parity Act - Requires the President to:(1) reduce semiannually the temporary duty imposed on ethanol by an amount equal to the reduction in any federal income or excise tax credit for alcohol and ethanol blends used as fuel; and
(2) take other necessary actions to ensure that the combined temporary duty and any other duty imposed on ethanol is equal to, or lower than, any federal income or excise tax credit applicable to ethanol.
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