HR 4843 · 107th Congress 2001–2003, ended

To amend the Internal Revenue Code of 1986 to provide tax incentives for the use of biodiesel as a fuel.

Fact sheet

Latest action · Jun 4, 2002 Referred to the Subcommittee on Conservation, Credit, Rural Development and Research.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMay 23, 2002
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Amends the Internal Revenue Code to establish a credit to promote the production and usage of biodiesel fuel. Requires a taxpayer to obtain a certification from the producer of the biodiesel which identifies the product produced in order to utilize the credit. Imposes a tax for biodiesel not used as fuel, but for which a credit was granted. Reduces motor fuel excise taxes on biodiesel mixtures.

Provides for transfers of funds from the Commodity Credit Corporation to the Highway Trust Fund in amounts equivalent to the reductions that would occur but for this Act.

Cosponsors 88

Members who signed on, in the order they did. Signatures ran from May 23, 2002 to Oct 16, 2002, with 11 there on the day it was introduced.

SeatCosponsorSigned on
D-MNCollin C. PetersonOriginalMay 23, 2002
D-NDEarl PomeroyOriginalMay 23, 2002
R-IAGreg GanskeOriginalMay 23, 2002
R-ILJerry WellerOriginalMay 23, 2002
R-IAJim NussleOriginalMay 23, 2002
R-MOJo Ann EmersonOriginalMay 23, 2002
D-TNJohn S. TannerOriginalMay 23, 2002
D-IALeonard L. BoswellOriginalMay 23, 2002
R-MNMark R. KennedyOriginalMay 23, 2002
R-KYRon LewisOriginalMay 23, 2002
R-MOSam GravesOriginalMay 23, 2002
R-ILJohn ShimkusJun 4, 2002
D-ARMarion BerryJun 4, 2002
R-IATom LathamJun 4, 2002
R-MNGil GutknechtJun 6, 2002

Actions 3

Everything that happened, newest first.

  1. Jun 4, 2002Referred to the Subcommittee on Conservation, Credit, Rural Development and Research.
  2. May 23, 2002Introduced in House
  3. May 23, 2002Referred to the Committee on Ways and Means, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.