HR 4254 · 117th Congress · Taxation

Low Carbon Biofuel Act

Introduced 2021-06-30· Sponsored by Rep. Axne, Cynthia [D-IA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-06-30)

Plain Language Summary

[AI summary unavailable — showing source text] Low Carbon Biofuel Act This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer ) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and not more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.…

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

Cosponsors (3)

2 Democrats1 Republican
Rep. Smith, Adrian [R-NE-3]NE
Rep. Bustos, Cheri [D-IL-17]IL
Rep. Craig, Angie [D-MN-2]MN