US SB1250 | 2009-2010 | 111th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on June 11 2009 - 25% progression, died in chamber
Action: 2009-06-11 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557)
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 11 2009 - 25% progression, died in chamber
Action: 2009-06-11 - Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557)
Text: Latest bill text (Introduced) [PDF]
Summary
Algae-based Renewable Fuel Promotion Act of 2009 - Amends the Internal Revenue Code to: (1) expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and (2) allow accelerated depreciation of property used to produce algae-based biofuel. Defines "algae-based biofuel" as any liquid fuel which is produced from the biomass of an algal organism (i.e., an organism that is primarily aquatic and classified as a non-vascular plant).
Title
Algae-based Renewable Fuel Promotion Act of 2009
Sponsors
Sen. Michael Bennet [D-CO] | Sen. Jeff Bingaman [D-NM] | Sen. Sam Brownback [R-KS] | Sen. Benjamin Cardin [D-MD] |
Sen. Mike Crapo [R-ID] | Sen. Mel Martinez [R-FL] | Sen. Bill Nelson [D-FL] |
History
Date | Chamber | Action |
---|---|---|
2009-06-11 | Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557) | |
2009-06-11 | Sponsor introductory remarks on measure. (CR S6556-6557) |
Same As/Similar To
HB3460 (Related) 2009-09-08 - Referred to the Subcommittee on Energy and Environment.
HB4168 (Same As) 2010-11-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 639.
HB4168 (Same As) 2010-11-15 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 639.
Subjects
Alternative and renewable resources
Business investment and capital
Income tax credits
Income tax deductions
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/senate-bill/1250/all-info |
Text | https://www.congress.gov/111/bills/s1250/BILLS-111s1250is.pdf |