Ask AI
H.R. 4254

Low Carbon Biofuel Act

Low Carbon Biofuel 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 not more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.

Referred to the House Committee on Ways and Means.

Rep. Axne, Cynthia [D-IA-3](D-IA)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees3actions1related bills
  1. IntroReferralH11100

    Referred to the House Committee on Ways and Means.

    Ways and Means Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

Low Carbon Biofuel Act — Informed