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- S.907
S.907: Investment in Value-Added Agriculture Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced May 17, 2001
- Latest Major Action May 17, 2001
Bill Sponsor
Bill Summary
Investment in Value-Added Agriculture Act - Amends the Internal Revenue Code to extend the alcohol motor fuel excise tax credit.Authorizes the pro rata allocation of the small ethanol producer credit among patrons of a qualifying cooperative organization. Increases the size of a qualifying producer. Revises such credit respecting: (1) carryback and carryforward; (2) passive activity; (3) minimum tax; and (4) income inclusion...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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| May 17, 2001 |
Introduced in the Senate by Jean Carnahan (D-Mo.) |