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Bill > HR2059


US HR2059

US HR2059
To amend the Internal Revenue Code of 1986 to make permanent the second generation biofuel producer credit.


summary

Introduced
04/03/2019
In Committee
04/03/2019
Crossed Over
Passed
Dead
12/31/2020

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to make permanent the second generation biofuel producer credit. This bill permanently extends the second generation biofuel producer tax credit. (Under current law, the tax credit expired at the end of 2017.)

AI Summary

This bill permanently extends the second generation biofuel producer tax credit. (Under current law, the tax credit expired at the end of 2017.) The bill amends the Internal Revenue Code of 1986 to remove the expiration date for the second generation biofuel producer credit, making it a permanent tax incentive for producing biofuel from certain non-corn feedstocks.

Committee Categories

Budget and Finance

Sponsors (2)

Last Action

Referred to the House Committee on Ways and Means. (on 04/03/2019)

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