S.530: A bill to modify certain subsidies for ethanol production, and for other purposes.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about energy
  • Introduced March 9, 2011
  • Latest Major Action March 10, 2011

Bill Cosponsors

3 (2 Democrats, 1 Republican)

Bill Summary

Amends the Internal Revenue Code to limit, after June 30, 2011, the eligibility for the income and excise tax credits for alcohol used as fuel to ethanol that qualifies as an advanced biofuel under the Clean Air Act. Requires the President to: (1) reduce semiannually the temporary duty imposed on ethanol by an amount equal to the reduction in any federal income or excise tax credit for alcohol and ethanol blends used as fuel; and (2) take...

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Sponsor introductory remarks on measure.
March 9, 2011

Introduced in the Senate by Dianne Feinstein (D-Calif.)

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