To amend the Internal Revenue Code of 1986 to allow the volumetric excise tax credit for liquid fuel derived from natural gas through the Fischer-Tropsch process.
Sponsored By: Representative Boustany, Charles W., Jr. [R-LA-3]
Unknown
Summary
This bill amends the Internal Revenue Code to allow an alternative fuel excise tax credit for liquid fuel derived from natural gas through the Fischer-Tropsch process. The Fischer-Tropsch process is a collection of chemical reactions that converts a mixture of carbon monoxide and hydrogen into liquid hydrocarbons.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Boustany, Charles W., Jr. [R-LA-3]
LA • R
Cosponsors
Rep. Abraham, Ralph Lee [R-LA-5]
LA • R
Sponsored 11/18/2015
Rep. Graves, Garret [R-LA-6]
LA • R
Sponsored 12/10/2015
Roll Call Votes
No roll call votes available for this bill.
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