Biodiesel Tax Incentive Reform and Extension Act of 2011
Latest action · Jun 23, 2011 Read twice and referred to the Committee on Finance.
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.
- IntroducedJun 23, 2011
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Biodiesel Tax Incentive Reform and Extension Act of 2011 - Amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced; (2) provide for an increased income tax credit for small biodiesel producers; (3) revise the definitions of "biodiesel" and "small biodiesel producer"; (4) treat renewable diesel in the same manner as biodiesel for income tax purposes; and (5) treat biodiesel as a taxable fuel for excise tax purposes. Extends the biodiesel income and excise tax credits through December 31, 2014.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from Jun 23, 2011 to Jan 31, 2012, with 6 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-MN | Al Franken | Original | Jun 23, 2011 |
| D-MN | Amy Klobuchar | Original | Jun 23, 2011 |
| R-IA | Chuck Grassley | Original | Jun 23, 2011 |
| D-WA | Patty Murray | Original | Jun 23, 2011 |
| R-MO | Roy Blunt | Original | Jun 23, 2011 |
| D-IA | Tom Harkin | Original | Jun 23, 2011 |
| D-SD | Tim Johnson | Nov 15, 2011 | |
| R-SD | John Thune | Nov 18, 2011 | |
| D-NH | Jeanne Shaheen | Jan 31, 2012 |
Actions 2
Everything that happened, newest first.
- Jun 23, 2011Introduced in Senate
- Jun 23, 2011Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 684 | To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel. | Related bill | Feb 14, 2011 |
| HR 2238 | To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel, and for other purposes. | Related bill | Jun 16, 2011 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Jun 23, 2011Introduced in Senate
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.