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S.3080 - Imported Ethanol Parity Act

A bill to ensure parity between the temporary duty imposed on ethanol and tax credits provided on ethanol. view all titles (2)

All Bill Titles

  • Short: Imported Ethanol Parity Act as introduced.
  • Official: A bill to ensure parity between the temporary duty imposed on ethanol and tax credits provided on ethanol. as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
06/04/08
 
 
 
 
 
 
 

Official Summary

Imported Ethanol Parity 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 necessary actions to ensure t

Official Summary

Imported Ethanol Parity 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 necessary actions to ensure that the temporary duty imposed on ethanol is equal to, or lower than, any federal income or excise tax credit applicable to ethanol.

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