US SB748 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Democrat 3)
Status: Introduced on April 6 2011 - 25% progression, died in committee
Action: 2011-04-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on April 6 2011 - 25% progression, died in committee
Action: 2011-04-06 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Algae-Based Renewable Fuel Promotion Act of 2011 - Amends the Internal Revenue Code to modify the definition of "cellulosic biofuel" for purposes of the cellulosic biofuel producer tax credit and the special depreciation allowance to mean any liquid fuel which is derived solely by, or from, qualified feedstocks. Defines "qualified feedstocks" as any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis and any cultivated algae, cyanobacteria, or lemna.
Title
Algae-Based Renewable Fuel Promotion Act of 2011
Sponsors
| Sen. Bill Nelson [D-FL] | Sen. Jeff Bingaman [D-NM] | Sen. John Kerry [D-MA] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-04-06 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
SB2204 (Related) 2012-03-29 - Cloture on the measure not invoked in Senate by Yea-Nay Vote. 51 - 47. Record Vote Number: 63. (consideration: CR S2199; text: CR S2199)
Subjects
Alternative and renewable resources
Business investment and capital
Income tax credits
Income tax deductions
Taxation
Business investment and capital
Income tax credits
Income tax deductions
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/senate-bill/748/all-info |
| Text | https://www.congress.gov/112/bills/s748/BILLS-112s748is.pdf |
