American Renewable Fuel and Job Creation Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 4, 2017)
American Renewable Fuel and Job Creation Act of 2017
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 the income tax credit for certain small biodiesel producers, and (3) extends the credits through 2020.
What just happenedMay 4, 2017
Referred to the House Committee on Ways and Means.
Who’s behind it
- Introduced in HouseMay 4, 2017
- May 4, 2017IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 4, 2017IntroReferralIntro-H
Introduced in House
- May 4, 2017IntroReferral1000
Introduced in House