Bill117th CongressFiled Jun 24, 2021Taxation
S. 2262
Low Carbon Biofuel Credit Act
Bill journey · stage 2 of 5
Under committee review
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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jun 24, 2021)
Low Carbon Biofuel Credit Act
This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and no more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.
What just happenedJun 24, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Klobuchar, Amy [D-MN](D-MN)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees2actions1related bills
- Introduced in SenateJun 24, 2021
- Jun 24, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jun 24, 2021IntroReferral10000
Introduced in Senate