HR 4374
111th Congress
House
Taxation
Alternative and renewable resources
Electric power generation and transmission
Income tax credits
Renewable Biomass Fairness Act
Introduced: December 16, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 16, 2009
Referred to the House Committee on Ways and Means.
Dec 16, 2009
Introduced in House
Plain-English summary
Renewable Biomass Fairness Act - Amends the Internal Revenue Code to: (1) extend through 2018 the tax credit for production of electricity from closed and open-loop biomass facilities; (2) eliminate the reduction in the rate of such credit for electricity produced from open-loop biomass; (3) extend to 10 years the credit period for open-loop biomass facilities; and (4) amend the definition of "cellulosic biofuel" for purposes of the tax credit for alcohol used as fuel to exclude any fuel if more than 4% of such fuel is any combination of water and sediment or if the ash content of such fuel is more than 1%.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1