S 306 · 111th Congress · Taxation

Biogas Production Incentive Act of 2009

Introduced 2009-01-22· Sponsored by Sen. Nelson, Ben [D-NE]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2009-01-22)

Plain Language Summary

[AI summary unavailable — showing source text] Biogas Production Incentive Act of 2009 - Amends the Internal Revenue Code to allow a business tax credit for the production, sale, or use of biogas. Defines "biogas" as a gas that is derived by processing qualified energy feedstock (i.e., manure of agricultural livestock and other organic agricultural or food industry byproduct waste material) in an anaerobic digester and that contains at least 50% methane. Allows such credit to offset alternative minimum tax (AMT) liability.…

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

Cosponsors (14)

7 Democrats7 Republicans