S.1589 - Biodiesel Tax Incentive Reform and Extension Act of 2009
A bill to amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel. view all titles (2)
All Bill Titles
- Short: Biodiesel Tax Incentive Reform and Extension Act of 2009 as introduced.
- Official: A bill to amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel. as introduced.
This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.
Bill's Views
- Today: 1
- Past Seven Days: 17
- All-Time: 3,368
|
|
|
|
|
|
|
|
Committees
Official Summary
8/6/2009--Introduced.Biodiesel Tax Incentive Reform and Extension Act of 2009 - Amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced; (2) provide for an increased incomOfficial Summary
8/6/2009--Introduced.Biodiesel Tax Incentive Reform and Extension Act of 2009 - Amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to:(1) allow a $1.00 tax credit for each gallon of biodiesel produced;
(2) provide for an increased income tax credit for small biodiesel producers;
(3) revise the definitions of "biodiesel" and "small biodiesel producer";
(4) treat renewable diesel in the same manner as biodiesel for income tax purposes; and
(5) treat biodiesel as a taxable fuel for excise tax purposes. Extends the biodiesel income and excise tax credits through December 31, 2014.
...Read the Rest

U.S. Congress - S.1589 Biodiesel Tax Incentive Reform and Extension Act of 2009



