Biodiesel Tax Incentive Reform and Extension Act of 2015
Latest action · Dec 3, 2015 Referred to the House Committee on Ways and Means.
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.
- IntroducedDec 3, 2015
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Biodiesel Tax Incentive Reform and Extension Act of 2015
This bill 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 "eligible small biodiesel producer," (4) treat renewable diesel in the same manner as biodiesel for income tax purposes, and (5) extend the biodiesel income and excise tax credits through December 31, 2018.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Dec 3, 2015 to Dec 9, 2015, with 2 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NJ | Bill Pascrell, Jr. | Original | Dec 3, 2015 |
| R-IA | Rod Blum | Original | Dec 3, 2015 |
| R-NE | Adrian Smith | Dec 9, 2015 | |
| R-KY | Brett Guthrie | Dec 9, 2015 | |
| R-IL | Rodney Davis | Dec 9, 2015 |
Actions 2
Everything that happened, newest first.
- Dec 3, 2015Introduced in House
- Dec 3, 2015Referred to the House Committee on Ways and Means.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2353 | Biodiesel Tax Incentive Reform and Extension Act of 2015 | Related bill | Dec 3, 2015 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Dec 3, 2015Introduced in House
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.