HR 4415 · 96th Congress · Taxation
Alcohol Fuel Act of 1979
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-06-11)
Plain Language Summary
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Alcohol Fuel Act of 1979 - Amends the Internal Revenue Code to allow a taxpayer to elect an income tax deduction with respect to the amortization, based on a 60 month period, of any qualified facility producing alcohol from coal, wood, waste, or agricultural products for primary use as a motor fuel.…
Summarized by Claude AI · Non-partisan · For informational purposes only