S.1277 - Biodiesel Tax Incentive Reform and Extension Act of 2011

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

  • Official: A bill to amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel. as introduced.
  • Short: Biodiesel Tax Incentive Reform and Extension Act of 2011 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: 6
  • Past Seven Days: 14
  • All-Time: 2,117
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
06/22/11
 
 
 
 
 
 
 

Sponsor

Senator

Maria Cantwell

D-WA

View Co-Sponsors (9)

Committees

Official Summary

6/23/2011--Introduced.Biodiesel Tax Incentive Reform and Extension Act of 2011 - 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 inco

Official Summary

6/23/2011--Introduced.Biodiesel Tax Incentive Reform and Extension Act of 2011 - 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

Organizations Supporting S.1277

  • National Biodiesel Board
  • South Dakota Soybean Association

Organizations Opposing S.1277

  • None via MapLight at this time.
See the money trail behind this bill for more info on how campaign contributions may be influencing senators' and representatives' votes.



Latest Letters to Congress

See All Letters (3)
 


Vote on This Bill

100% Users Support Bill

1 in favor / 0 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC
Save to Notebook Make A Bill Widget

OpenCongress is a free and open-source project of the Participatory Politics Foundation, a 501(c)3 non-profit organization with a mission to increase civic engagement. The non-profit Sunlight Foundation is the Founding and Primary Supporter of OpenCongress.