Legislators
Bills
Statements
Lobbying
Travel
- Bills
- H.R.5240
H.R.5240: Biodiesel Tax Incentive Reform and Extension Act of 2016
About This Bill
- Introduced May 13, 2016
- Latest Major Action May 13, 2016
Bill Sponsor
Bill Cosponsors
18 (9 Democrats, 9 Republicans)
Bill Summary
Biodiesel Tax Incentive Reform and Extension Act of 2016 This bill amends the Internal Revenue Code to modify and extend: (1) the income tax credit for biodiesel and renewable diesel used as fuel, and (2) the excise tax credit for biodiesel fuel mixtures. The bill: (1) makes the credits available to domestic producers of the fuels rather than the policy under current law of providing a mixture credit to the blender of the fuel, (2) increases...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
May 13, 2016 |
Referred to the House Committee on Ways and Means.
|
May 13, 2016 |
Introduced in the House by Kristi Noem (R-S.D.) |