S.1185: Ethanol Reform and Deficit Reduction Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced June 13, 2011
  • Latest Major Action June 13, 2011

Bill Sponsor

Bill Summary

Ethanol Reform and Deficit Reduction Act - Amends the Internal Revenue Code to: (1) link the amount of  the volumetric ethanol excise tax credit (VEETC) for calendar quarters beginning after June 30, 2011, to the average price of crude oil in a calendar quarter, (2) modify the rates of the income tax credit for alcohol used as fuel and extend such credit through 2014, (3) extend the alternative fuel refueling property tax credit and the...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.1185.

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
June 13, 2011

Introduced in the Senate by John Thune (R-S.D.)

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