HR 2232
104th Congress
House
Taxation
Agricultural cooperatives
Alcohol
Alcohol as fuel
Commerce
Cooperative societies
Energy
Energy industries
Energy policy
Energy tax credits
Income tax
Small business
Tax administration
To amend the Internal Revenue Code of 1986 to allow the small ethanol producer credit to be allocated to patrons of a cooperative in certain cases.
Introduced: August 4, 1995
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 5, 1995
Sponsor introductory remarks on measure. (CR E1676)
Aug 4, 1995
Referred to the House Committee on Ways and Means.
Aug 4, 1995
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow a cooperative organization to elect to apportion pro rata any portion of the small ethanol producer credit among patrons on the basis of the quantity or value of business done with or for the patrons for the taxable year. Provides for the treatment of the organization and the patrons.
What's happening now
Sponsor introductory remarks on measure. (CR E1676)
Committees of jurisdiction
1
Cosponsors
1