HR 1636
107th Congress
House
Taxation
Agricultural cooperatives
Agriculture and Food
Alcohol as fuel
Business income tax
Commerce
Cooperative societies
Energy
Energy tax credits
Income tax
Minimum tax
Tax exclusion
To amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 25, 2001
Sponsor introductory remarks on measure. (CR H3511)
Apr 26, 2001
Referred to the House Committee on Ways and Means.
Apr 26, 2001
Introduced in House
Plain-English summary
Amends the Internal Revenue Code respecting the small ethanol producer credit to: (1) authorize credit allocation among a cooperative's patrons; (2) increase the gallon capacity for eligible producers; (3) make the credit a non-passive income credit; and (4) remove the credit from the alcohol fuel credit gross income inclusion.
What's happening now
Sponsor introductory remarks on measure. (CR H3511)
Committees of jurisdiction
1