S.1277: Biodiesel Tax Incentive Reform and Extension Act of 2011

About This Bill

Bill Summary

Biodiesel Tax Incentive Reform and Extension Act of 2011 - Amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced; (2) provide for an increased income tax credit for small biodiesel producers; (3) revise the definitions of "biodiesel" and "small biodiesel producer"; (4) treat renewable diesel in the same manner as biodiesel...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 2 statements associated with S.1277.

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
June 23, 2011

Introduced in the Senate by Maria Cantwell (D-Wash.)

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