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- S.3188
S.3188: Biodiesel Tax Incentive Reform and Extension Act of 2016
About This Bill
- Introduced July 13, 2016
- Latest Major Action July 13, 2016
Bill Sponsor
Bill Cosponsors
17 (12 Democrats, 5 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 |
|---|---|
| July 13, 2016 |
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5085)
|
| July 13, 2016 |
Introduced in the Senate by Charles E. Grassley (R-Iowa) |