US Congress Senate Bill 2021 (Prior Session Legislation)

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Spectrum: Moderate Partisan Bill (Democrat 4-1)
Status: Introduced on February 12 2014 - 25% progression, died in committee
Action: 2014-02-12 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Biodiesel Tax Incentive Reform and Extension Act of 2014 - 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, 2017.

Biodiesel Tax Incentive Reform and Extension Act of 2014

Sen. Maria Cantwell [D-WA]	Sen. Al Franken [D-MN]	Sen. Chuck Grassley [R-IA]	Sen. Amy Klobuchar [D-MN]
Sen. Jeanne Shaheen [D-NH]

Date	Chamber	Action
2014-02-12	Senate	Read twice and referred to the Committee on Finance.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/senate-bill/2021/all-info
Text	https://www.congress.gov/113/bills/s2021/BILLS-113s2021is.pdf