Biodiesel Tax Incentive Reform and Extension Act of 2016
Sponsored By: Representative Noem, Kristi L. [R-SD-At Large]
Unknown
Summary
Biodiesel Tax Incentive Reform and Extension Act of 2016 This bill amends the Internal Revenue Code to modify and extend: (1) the income tax credit for biodiesel and renewable diesel used as fuel, and (2) the excise tax credit for biodiesel fuel mixtures. The bill: (1) makes the credits available to domestic producers of the fuels rather than the policy under current law of providing a mixture credit to the blender of the fuel, (2) increases the income tax credit for certain small biodiesel producers, and (3) extends the credits through 2019.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Noem, Kristi L. [R-SD-At Large]
SD • R
Cosponsors
Rep. Pascrell, Bill, Jr. [D-NJ-9]
NJ • D
Sponsored 5/13/2016
COLLIN PETERSON
MN • D
Sponsored 5/13/2016
Rep. Loebsack, David [D-IA-2]
IA • D
Sponsored 5/13/2016
Rep. Smith, Adrian [R-NE-3]
NE • R
Sponsored 5/13/2016
Rep. Blum, Rod [R-IA-1]
IA • R
Sponsored 5/13/2016
Rep. Smith, Jason [R-MO-8]
MO • R
Sponsored 5/13/2016
Rep. Takai, Mark [D-HI-1]
HI • D
Sponsored 5/25/2016
Rep. Bishop, Sanford D. [D-GA-2]
GA • D
Sponsored 5/25/2016
Rep. Kuster, Ann M. [D-NH-2]
NH • D
Sponsored 5/25/2016
Rep. King, Steve [R-IA-4]
IA • R
Sponsored 5/26/2016
Rep. Young, David [R-IA-3]
IA • R
Sponsored 5/26/2016
Rep. Guthrie, Brett [R-KY-2]
KY • R
Sponsored 5/26/2016
Rep. Luetkemeyer, Blaine [R-MO-3]
MO • R
Sponsored 7/14/2016
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 9/6/2016
Rep. Cicilline, David N. [D-RI-1]
RI • D
Sponsored 9/6/2016
Rep. Graves, Sam [R-MO-6]
MO • R
Sponsored 11/17/2016
Rep. Walz, Timothy J. [D-MN-1]
MN • D
Sponsored 11/17/2016
Rep. Bustos, Cheri [D-IL-17]
IL • D
Sponsored 11/17/2016
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov