Biodiesel Tax Incentive Reform and Extension Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in senate (Dec 3, 2015)
Biodiesel Tax Incentive Reform and Extension Act of 2015
This bill amends the Internal Revenue Code to: (1) extend through March 31, 2016, the income tax credit for biodiesel and renewable diesel used as fuel and the excise tax credit for biodiesel fuel mixtures, (2) allow through 2018 a new income and excise tax credit equal to $1.00 for each gallon of biodiesel produced, and (3) provide for an increased credit for small biodiesel producers.
What just happenedDec 3, 2015
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381)
Who’s behind it
- Introduced in SenateDec 3, 2015
- Dec 3, 2015IntroReferral
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381)
Finance Committee - Dec 3, 2015IntroReferral10000
Introduced in Senate