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- S.162
S.162: National Fuels Initiative
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about congress
- Introduced Jan. 4, 2007
- Latest Major Action Jan. 4, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
National Fuels Initiative - Amends the Internal Revenue Code to modify the alcohol fuels tax credit and the alternative fuel tax credit by calculating such rates based on a formula related to the average price of a barrel of oil. Sets tax credit rates for alcohol fuels, qualified alcohol fuel mixtures, and alternative fuels sold or used before January 1, 2011. Extends such credits. Sets forth sunset provisions terminating the small ethanol...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Jan. 4, 2007 |
Introduced in the Senate by Richard G. Lugar (R-Ind.) |