S 1058 · 107th Congress · Taxation

Biodiesel Renewable Fuels Act

Introduced 2001-06-19· Sponsored by Sen. Hutchinson, Tim [R-AR]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6451-6452)(2001-06-19)

Plain Language Summary

[AI summary unavailable — showing source text] Biodiesel Renewable Fuels Act - Amends the Internal Revenue Code to: (1) allow a tax credit of between 3 and 20 cents per gallon for soy or specified vegetable based biodiesel fuel mixtures; and (2) make corresponding reductions to motor fuel excise taxes.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (9)

6 Democrats3 Republicans