HR 6943
110th Congress
House
Taxation
Alternative and renewable resources
Income tax credits
Motor fuels
Sales and excise taxes
To amend the Internal Revenue Code of 1986 to provide for a credit for algae derived fuels, and for other purposes.
Introduced: September 18, 2008
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 18, 2008
Referred to the House Committee on Ways and Means.
Sep 18, 2008
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to allow an income and excise tax credit for the production of algae derived fuel and fuel mixtures. Defines "algae derived fuel" as a liquid hydrocarbon product that is derived from the biomass of algal organisms (single- or multi-cellular organisms that are inherently photosynthetic and aquatic). Terminates such credits after 2012.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1