New Fair Deal Busting America's Rigid Outdated & Needless Subsidies Act of 2013
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New Fair Deal Busting America's Rigid Outdated & Needless Subsidies Act of 2013 - Amends the Internal Revenue Code to repeal: (1) the excise tax credits for alcohol fuel, biodiesel, and alternative fuel mixtures; (2) the tax credits for the purchase of alternative motor vehicles and new qualified plug-in electric drive motor vehicles; (3) the alternative fuel vehicle refueling property tax credit; (4) the income tax credits for alcohol, biodiesel, and renewable diesel used as fuel; (5) the enhanced oil recovery tax credit and the tax credit for producing oil and gas from marginal wells; (6) the tax credits for producing electricity from renewable resources and from advanced nuclear power facilities; (7) the tax credit for carbon dioxide sequestration; (8) the energy tax credit; and (9) the tax credits for investment in qualifying advanced coal projects and qualifying gasification projects.
Directs the Secretary of the Treasury to prescribe a flat income tax rate for corporations, in lieu of the existing marginal tax rates, based upon the overall revenue savings from the repeal of energy tax expenditures by this Act.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 1569: New Fair Deal Busting America's Rigid Outdated & Needless Subsidies Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-1569/
"H.R. 1569: New Fair Deal Busting America's Rigid Outdated & Needless Subsidies Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-1569/.
H.R. 1569, 113th Cong. (2026), https://openamerica.io/bill/113-HR-1569/.
[H.R. 1569: New Fair Deal Busting America's Rigid Outdated & Needless Subsidies Act of 2013](https://openamerica.io/bill/113-HR-1569/)