HR 4181
114th Congress
House
Taxation
Alternative and renewable resources
Income tax credits
Motor fuels
Sales and excise taxes
Biodiesel Tax Incentive Reform and Extension Act of 2015
Introduced: December 3, 2015
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 3, 2015
Referred to the House Committee on Ways and Means.
Dec 3, 2015
Introduced in House
Plain-English summary
Biodiesel Tax Incentive Reform and Extension Act of 2015
This bill amends the Internal Revenue Code to revise the income and excise tax credits for biodiesel used as fuel to: (1) allow a $1.00 tax credit for each gallon of biodiesel produced, (2) provide for an increased income tax credit for small biodiesel producers, (3) revise the definitions of "biodiesel" and "eligible small biodiesel producer," (4) treat renewable diesel in the same manner as biodiesel for income tax purposes, and (5) extend the biodiesel income and excise tax credits through December 31, 2018.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1