HR 4168 · 111th Congress · Taxation

Algae-based Renewable Fuel Promotion Act of 2010

Introduced 2009-12-01· Sponsored by Rep. Teague, Harry [D-NM-2]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 639.(2010-11-15)

Plain Language Summary

[AI summary unavailable — showing source text] 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).…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 4168, Algae-Based Renewable Fuel Promotion Act of 2010

Sep 28, 2010

<p>Pay-as-you-go table for the bill as transmitted to CBO on September 28, 2010</p>

Full CBO report ↗

H.R. 4168, Algae-Based Renewable Fuel Promotion Act of 2010

Sep 28, 2010

Pay-as-you-go table for the bill as transmitted to CBO on September 28, 2010

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (13)

10 Democrats3 Republicans