Algae-based Renewable Fuel Promotion Act of 2009
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Algae-based Renewable Fuel Promotion Act of 2009 - Amends the Internal Revenue Code to: (1) expand the definition of cellulosic biofuel to include algae-based biofuel for purposes of the cellulosic biofuel producer tax credit; and (2) allow accelerated depreciation of property used to produce algae-based biofuel. Defines "algae-based biofuel" as any liquid fuel which is produced from the biomass of an algal organism (i.e., an organism that is primarily aquatic and classified as a non-vascular plant).
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6557)
- Introduced in Senate Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). S. 1250: Algae-based Renewable Fuel Promotion Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-S-1250/
"S. 1250: Algae-based Renewable Fuel Promotion Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-S-1250/.
S. 1250, 111th Cong. (2026), https://openamerica.io/bill/111-S-1250/.
[S. 1250: Algae-based Renewable Fuel Promotion Act of 2009](https://openamerica.io/bill/111-S-1250/)