To amend the Internal Revenue Code of 1986 to eliminate tax subsidies for ethanol fuel.

Fact Sheet API

Bill Number

HR 3116

Introduced

Oct 12, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Alcohol Alcohol as fuel Alcohol tax Aviation fuels Business income tax Commerce Energy Energy tax credits Excise tax Gasoline tax Income tax Methanol Motor vehicles Natural gas Tax rates Taxation Transportation and Public Works

Full Text

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Votes

Summary

Amends the Internal Revenue Code to: (1) repeal the credit for alcohol used as fuel; (2) tax fuel alcohol to the same extent as gasoline and diesel fuel; and (3) repeal specified incentives for alcohol fuels.

Actions

Oct 12, 2001

Referred to the House Committee on Ways and Means.
Oct 12, 2001

Introduced in House

Amendments

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