Amends the Internal Revenue Code to permit a small business refiner: (1) to expense a portion of the costs of complying with the Highway Diesel Fuel Sulfur Control Requirements of the Environmental Protection Agency; and (2) a limited tax credit for every gallon of 15 parts per million or less sulfur diesel produced at a facility by such small business refiner.
Actions
Jul 16, 2001
Referred to the House Committee on Ways and Means.
Jul 16, 2001
Sponsor introductory remarks on measure. (CR E1336-1337)