Renewable Chemicals Act of 2023

[AI summary unavailable — showing source text] [Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.R. 6532 Introduced in House (IH)] <DOC> 118th CONGRESS 1st Session H. R. 6532 To amend the Internal Revenue Code of 1986 to provide credits for the production of renewable chemicals and investments in renewable chemical production facilities, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES November 30, 2023 Mr. Pascrell (for himself and Mr. Fitzpatrick) introduced the following bill; which was referred to the Committee on Ways and Means _______________________________________________________________________ A BILL To amend the Internal Revenue Code of 1986 to provide credits for the production of renewable chemicals and investments in renewable chemical production facilities, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Renewable Chemicals Act of 2023''. SEC. 2. CREDITS FOR PRODUCTION OF RENEWABLE CHEMICALS AND INVESTMENTS IN RENEWABLE CHEMICAL PRODUCTION FACILITIES. (a)…