US HB3235 | 2009-2010 | 111th Congress

Status

Spectrum: Bipartisan Bill
Status: Introduced on July 16 2009 - 25% progression, died in committee
Action: 2009-07-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

American Commercial Ethanol Fairness Act of 2009- Amends the Internal Revenue Code to expand the tax credit for alcohol used as fuel to include ethanol used in tetra ethyl ortho silicate (TEOS) production. Allows taxpayers a credit for 45 cents per gallon of alcohol which is ethanol used in the production of TEOS. Requires that the TEOS be manufactured in the United States and sold in a trade or business of the taxpayer.

Tracking Information

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Title

American Commercial Ethanol Fairness Act of 2009

Sponsors


History

DateChamberAction
2009-07-16 Referred to the House Committee on Ways and Means.

Subjects


US Congress State Sources


Bill Comments

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