S 1548
108th Congress
Senate
Taxation
Agriculture and Food
Alcohol as fuel
Biomass energy
Diesel motor
Energy
Excise tax
Oils and fats
Oilseeds
Tax credits
Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 2003
Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.
Jul 31, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10681-10683)
Jul 31, 2003
Sponsor introductory remarks on measure. (CR S10680-10681)
Jul 31, 2003
Introduced in Senate
Plain-English summary
Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003 - Amends the Internal Revenue Code to establish, for a limited period of time: (1) a biodiesel fuels credit business credit; and (2) as a credit against the gasoline and diesel fuel excise tax, a credit equal to the sum of the alcohol fuel mixture credit plus the biodiesel mixture credit.
What's happening now
Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.
Committees of jurisdiction
1