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- S.1980
S.1980: Renewable Chemicals Act of 2017
About This Bill
- Introduced Oct. 18, 2017
- Latest Major Action Oct. 18, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (3 Democrats, 1 Independent Democrat, 1 Republican)
Bill Version
- Introduced in Senate - Oct. 18, 2017
Bill Summary
Renewable Chemicals Act of 2017 This bill amends the Internal Revenue Code to allow: (1) a business-related tax credit for the production of renewable chemicals, and (2) a tax credit for investment in renewable chemical production facilities. The bill defines "renewable chemical" as any chemical that: (1) is produced in the United States from renewable biomass; (2) is sold or used for the production of chemical products, polymers, plastics, or...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 18, 2017 |
Read twice and referred to the Committee on Finance.
|
| Oct. 18, 2017 |
Introduced in the Senate by Debbie Stabenow (D-Mich.) |