S 240 · 108th Congress 2003–2005, ended

A bill to amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.

Introduced Jan 29, 2003 Originated Senate Sponsor Peter Fitzgerald R-IL

Latest action · Jan 29, 2003 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1746)

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.

IntroducedJan 29, 2003
Passed SenateNot reached
Passed HouseNot reached
To the PresidentNot reached
Became lawNot reached

Summary

Amends the Internal Revenue Code respecting the small ethanol producer credit to: (1) authorize credit allocation among a cooperative's patrons; (2) increase the gallon capacity for eligible producers; (3) make the credit a non-passive income credit; and (4) remove the credit from the alcohol fuel credit gross income inclusion.

Cosponsors 7

Members who signed on, in the order they did. Signatures ran from Jan 29, 2003 to Mar 21, 2003; 3 are original cosponsors, there from the day it was introduced.

Seat	Cosponsor		Signed on
R-NE	Chuck Hagel	Original	Jan 29, 2003
D-SD	Tim Johnson	Original	Jan 29, 2003
D-IA	Tom Harkin	Original	Jan 29, 2003
R-MO	Jim Talent		Feb 4, 2003
D-IL	Richard J. Durbin		Feb 5, 2003
D-MN	Mark Dayton		Mar 21, 2003
R-MN	Norm Coleman		Mar 21, 2003

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

Chamber	Committee	What it did
Senate	Finance Committee	Referred Jan 29, 2003

Actions 3

Everything that happened, newest first.

Jan 29, 2003Introduced in Senate
Jan 29, 2003Sponsor introductory remarks on measure. (CR S1745-1746)
Jan 29, 2003Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1746)

In the Congressional Record 1

Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.

Where	In the Record	Members	Date
Senate	Debate and remarks S1745Text printed S1746	Peter Fitzgerald R-IL (text)	Jan 29, 2003

Related bills 1

Companion bills and other measures the record links to this one.

Bill	Title	Relationship	Latest action
HR 465	To amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.	Identical bill	Jan 29, 2003

Titles 1

Every title it has carried, official and short, at each stage.

Official Title as Introduced: A bill to amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.

Subjects

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

Text 1

Each version as it was printed, newest first.

Jan 29, 2003Introduced in Senate

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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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.