S.884 - Domestic Energy Promotion Act of 2011

A bill to amend the Internal Revenue Code of 1986 to provide for a variable VEETC rate based on the price of crude oil, and for other purposes. view all titles (2)

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  • Official: A bill to amend the Internal Revenue Code of 1986 to provide for a variable VEETC rate based on the price of crude oil, and for other purposes. as introduced.
  • Short: Domestic Energy Promotion Act of 2011 as introduced.

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  • james568 05/19/2011 3:43pm
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    Have any ethanol production tax credit phased out over time if the ethanol is produced from any source

    1 – suitable for human consuption or

    2 – with greater market value as animal feed if the ethanol subsidy did not exist

    Food and fuel should not compete for the same limited resources.


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