HR 517 · 110th Congress · Taxation

Independence from Oil with Agriculture Act of 2007

Introduced 2007-01-17· Sponsored by Rep. Davis, Jo Ann [R-VA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Energy and Air Quality.(2007-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Independence from Oil with Agriculture Act of 2007 - Amends the Internal Revenue Code to delete provisions that terminate tax credits after a certain time (thus extending such credits) for: (1) alcohol fuels; (2) biodiesel fuels; (3) alcohol fuel mixtures; (4) biodiesel mixtures; (5) electricity produced from wind and open-loop or close-loop biomass facilities; and (6) alternative fuel vehicle refueling property. Amends the Clean Air Act to: (1) increase the applicable volume of renewable fuel for calendar years 2008-2012 that must be part of gasoline in the United States (except in noncontiguous states or territories); and (2) increase the number of gallons of renewable fuel in the calculation used to determine the required volume of renewable fuel in gasoline for calendar years 2013 and thereafter.…

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