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- S.3491
S.3491: Qualifying Renewable Chemical Production Tax Credit Act of 2012
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about taxation
- Introduced Aug. 2, 2012
- Latest Major Action Aug. 2, 2012
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Qualifying Renewable Chemical Production Tax Credit Act of 2012 - Amends the Internal Revenue Code to allow a business-related tax credit for the production of renewable chemicals. Defines "renewable chemical" as any chemical that is: (1) produced in the United States from renewable biomass; (2) sold or used by the taxpayer as polymers, plastics, or formulated products or for the production of polymers, plastics, or formulated products; and...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| Aug. 2, 2012 |
Introduced in the Senate by Debbie Stabenow (D-Mich.) |