SENATE 2262117th CongressRead twice and referred to the Committee on Finance.
Low Carbon Biofuel Credit Act
- Last Action
- 6/24/2021
Actions
- 2021-06-24Read twice and referred to the Committee on Finance.
- 2021-06-24Introduced in Senate
CRS Summary
As of 2021-06-24 (00)
Low Carbon Biofuel Credit Act
This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and no more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.
Cosponsors (3)
- John Thune (R-SD)
- Tammy Baldwin (D-WI)
- Tina Smith (D-MN)
Sourced from Congress.gov (public domain).
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