Biodiesel Tax Incentive Reform and Extension Act of 2015
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Dec 3, 2015)
Biodiesel Tax Incentive Reform and Extension Act of 2015
This bill amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced, (2) provide for an increased income tax credit for small biodiesel producers, (3) revise the definitions of "biodiesel" and "eligible small biodiesel producer," (4) treat renewable diesel in the same manner as biodiesel for income tax purposes, and (5) extend the biodiesel income and excise tax credits through December 31, 2018.
What just happenedDec 3, 2015
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseDec 3, 2015
- Dec 3, 2015IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - Dec 3, 2015IntroReferralIntro-H
Introduced in House
- Dec 3, 2015IntroReferral1000
Introduced in House