S.1250 - Algae-based Renewable Fuel Promotion Act of 2009

A bill to amend the Internal Revenue Code of 1986 to expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer credit and the special allowance for cellulosic biofuel plant property. view all titles (2)

All Bill Titles

  • Short: Algae-based Renewable Fuel Promotion Act of 2009 as introduced.
  • Official: A bill to amend the Internal Revenue Code of 1986 to expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer credit and the special allowance for cellulosic biofuel plant property. as introduced.

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06/10/09
 
 
 
 
 
 
 

Official Summary

6/11/2009--Introduced.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

Official Summary

6/11/2009--Introduced.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).

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Recent Blog Coverage

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06/30/11
Higher education - U.S. Congress - OpenCongress

S.1250 - Growing Education Achievement Training Academies for Teachers and Principals Act. A bill to create and expand innovative teacher and principal preparation programs known as teacher and principal preparation academies. ... OpenCongress syndication

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06/21/11
S.1250: Growing Education Achievement Training ... - OpenCongress

Official government data, breaking news and blog coverage, public comments and user community for S.1250 Growing Education Achievement Training Academies for Teachers and Principals Act. ... Or, if you know of a news article about this bill to display here

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11/22/10
Algae Fuel Inches Toward Price Parity with Oil « Heliae

The Algae-Based Renewable Fuel Promotion Act, S.1250, introduced in the Senate last year, would expand the $1.01 per gallon cellulosic production credit that expires at the end of 2012 to algae producers. ...

Source: Heliae
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