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S 1185 112th Congress Senate

Ethanol Reform and Deficit Reduction Act

Official title: A bill to amend the Internal Revenue Code of 1986 to provide for a variable VEETC rate based on the price of crude oil, and for other purposes.

Introduced: June 13, 2011 Introduced by: Thune, John Republican · South Dakota See on congress.gov
Taxation Alternative and renewable resourcesBusiness investment and capitalEnergy pricesIncome tax credits
More subjectsShow fewer subjects
Income tax deductionsMotor fuelsOil and gasSales and excise taxes
This bill died when the 112th Congress ended
It never became law before the 112th Congress (2011–2012) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2011
Read twice and referred to the Committee on Finance.
Jun 13, 2011
Sponsor introductory remarks on measure. (CR S3734)
Jun 13, 2011
Introduced in Senate
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 Latest action June 13, 2011

Read twice and referred to the Committee on Finance.

 Plain-English summary Congressional Research Service

Ethanol Reform and Deficit Reduction Act - Amends the Internal Revenue Code to: (1) link the amount of  the volumetric ethanol excise tax credit (VEETC) for calendar quarters beginning after June 30, 2011, to the average price of crude oil in a calendar quarter, (2) modify the rates of the income tax credit for alcohol used as fuel and extend such credit through 2014, (3) extend the alternative fuel refueling property tax credit and the special depreciation allowance for cellulosic biofuel plant property, and (4) make permanent the cellulosic biofuel producer tax credit.

Modifies the definition of "cellulosic biofuel" for purposes of the cellulosic biofuel producer tax credit and the special depreciation allowance to mean any liquid fuel that is derived solely by or from qualified feedstocks. Defines "qualified feedstocks" as any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis and any cultivated algae, cyanobacteria, or lemna.

 Related & companion bills 2
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. 1185: Ethanol Reform and Deficit Reduction Act. 112th Congress. Open America. https://openamerica.io/bill/112-S-1185/
MLA
"S. 1185: Ethanol Reform and Deficit Reduction Act." 112th Congress, 2026, Open America, https://openamerica.io/bill/112-S-1185/.
Bluebook (legal)
S. 1185, 112th Cong. (2026), https://openamerica.io/bill/112-S-1185/.
Markdown link
[S. 1185: Ethanol Reform and Deficit Reduction Act](https://openamerica.io/bill/112-S-1185/)
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