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- H.R.7249
H.R.7249: Renewable Power for Agriculture Incentive Program Act of 2008
About This Bill
- Introduced Oct. 2, 2008
- Latest Major Action Oct. 2, 2008
Bill Sponsor
Bill Summary
Renewable Power for Agriculture Incentive Program Act of 2008 - Amends the Internal Revenue Code to allow a business-related tax credit for excessive fuel costs for creditable fuel (i.e., fossil fuel or electricity) used by a taxpayer in the trade or business of farming. Defines "excessive fuel cost" as the excess amount paid for creditable fuel over the adjusted base price for such fuel (the average price for such fuel on September 6, 2004,...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Ways and Means.
|
|
| Oct. 2, 2008 |
Introduced in the House by Rush Holt (D-N.J.) |