S.530 - A bill to modify certain subsidies for ethanol production, and for other purposes.

view all titles (1)

All Bill Titles

  • Official: A bill to modify certain subsidies for ethanol production, and for other purposes. 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: 2
  • All-Time: 1,251
 
Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
03/08/11
 
 
 
 
 
 
 

Official Summary

3/9/2011--Introduced.Amends the Internal Revenue Code to limit, after June 30, 2011, the eligibility for the income and excise tax credits for alcohol used as fuel to ethanol that qualifies as an advanced biofuel under the Clean Air Act. Requires the President to: (1) reduce semiannually t

Official Summary

3/9/2011--Introduced.Amends the Internal Revenue Code to limit, after June 30, 2011, the eligibility for the income and excise tax credits for alcohol used as fuel to ethanol that qualifies as an advanced biofuel under the Clean Air 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 actions necessary 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.

...Read the Rest




Vote on This Bill

0% Users Support Bill

0 in favor / 2 opposed
 

Send Your Senator a Letter

about this bill Support Oppose Tracking
Track with MyOC

Top-Rated Comments