US HB4070 | 2009-2010 | 111th Congress
Status
Sponsorship: Bipartisan Bill
Status: Introduced on November 16 2009 - 25% progression, died in committee
Action: 2009-11-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 16 2009 - 25% progression, died in committee
Action: 2009-11-16 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel.
Sponsors
| Rep. Todd Akin [R-MO] | Rep. Leonard Boswell [D-IA] | Rep. Bruce Braley [D-IA] | Rep. Mark Critz [D-PA] |
| Rep. Kathleen Dahlkemper [D-PA] | Rep. Jo Emerson [R-MO] | Rep. Sam Graves [R-MO] | Rep. Phil Hare [D-IL] |
| Rep. Stephanie Herseth Sandlin [D-SD] | Sen. Mazie Hirono [D-HI] | Rep. Tim Holden [D-PA] | Rep. Lynn Jenkins [R-KS] |
| Rep. Timothy Johnson [R-IL] | Rep. Steve King [R-IA] | Rep. Tom Latham [R-IA] | Rep. David Loebsack [D-IA] |
| Rep. Blaine Luetkemeyer [R-MO] | Rep. Donald Manzullo [R-IL] | Rep. Betsy Markey [D-CO] | Rep. Mike McIntyre [D-NC] |
| Rep. Jeff Miller [R-FL] | Rep. Dennis Moore [D-KS] | Sen. Jerry Moran [R-KS] | Rep. Tim Murphy [R-PA] |
| Rep. Collin Peterson [D-MN] | Rep. Todd Platts [R-PA] | Rep. Jared Polis [D-CO] | Rep. Earl Pomeroy [D-ND] |
| Rep. Aaron Schock [R-IL] | Rep. David Scott [D-GA] | Rep. Joe Sestak [D-PA] | Rep. Carol Shea-Porter [D-NH] |
| Rep. John Shimkus [R-IL] | Rep. Ike Skelton [D-MO] | Rep. Mark Souder [R-IN] | Rep. Bennie Thompson [D-MS] |
| Rep. Glenn Thompson [R-PA] | Rep. Todd Tiahrt [R-KS] | Rep. Timothy Walz [D-MN] |
History
| Date | Chamber | Action |
|---|---|---|
| 2009-11-16 | Referred to the House Committee on Ways and Means. |
Same As/Similar To
SB1589 (Related) 2009-08-06 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S9000-9001)
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/111th-congress/house-bill/4070/all-info |
| Text | https://www.congress.gov/111/bills/hr4070/BILLS-111hr4070ih.pdf |
