HR 2383 · 115th Congress · Taxation

American Renewable Fuel and Job Creation Act of 2017

Introduced 2017-05-04· Sponsored by Rep. Noem, Kristi L. [R-SD-At Large]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2017-05-04)

Plain Language Summary

[AI summary unavailable — showing source text] American Renewable Fuel and Job Creation Act of 2017 This bill amends the Internal Revenue Code to modify and extend: (1) the income tax credit for biodiesel and renewable diesel used as fuel, and (2) the excise tax credit for biodiesel fuel mixtures. The bill: (1) makes the credits available to domestic producers of the fuels rather than the policy under current law of providing a mixture credit to the blender of the fuel, (2) increases the income tax credit for certain small biodiesel producers, and (3) extends the credits through 2020.…

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

Cosponsors (18)

7 Democrats11 Republicans