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Bill > HR2089


US HR2089

US HR2089
Biodiesel Tax Credit Extension Act of 2019


summary

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

Introduced Session

116th Congress

Bill Summary

To amend the Internal Revenue Code of 1986 to extend for 2 years tax credits with respect to biodiesel and renewable diesel. This bill extends the following tax provisions through 2019: the income tax credit for biodiesel and renewable diesel used as fuel, the excise tax credit for biodiesel mixtures, and the payments that are equivalent to the excise tax credit for biodiesel mixtures.

AI Summary

This bill extends the following tax provisions through 2019: the income tax credit for biodiesel and renewable diesel used as fuel, the excise tax credit for biodiesel mixtures, and the payments that are equivalent to the excise tax credit for biodiesel mixtures. The bill also includes a special rule for 2018, providing guidance for a one-time submission of claims and requiring the Secretary of the Treasury to issue payment within 60 days of receiving the claim.

Committee Categories

Budget and Finance

Sponsors (66)

Abby Finkenauer (D)* Cindy Axne (D),  Don Bacon (R),  Jim Baird (R),  Mike Bost (R),  Anthony Brindisi (D),  Cheri Bustos (D),  Sean Casten (D),  David Cicilline (D),  Emanuel Cleaver (D),  Chris Collins (R),  James Comer (R),  Joe Courtney (D),  TJ Cox (D),  Angie Craig (D),  Danny Davis (D),  Rodney Davis (R),  Peter DeFazio (D),  Rosa DeLauro (D),  Suzan DelBene (D),  Mark DeSaulnier (D),  Michael Doyle (D),  Tom Emmer (R),  Veronica Escobar (D),  Jeff Fortenberry (R),  Bill Foster (D),  Tulsi Gabbard (D),  Ruben Gallego (D),  Michael Guest (R),  Brett Guthrie (R),  James Hagedorn (R),  Vicky Hartzler (R),  Jahana Hayes (D),  Kevin Hern (R),  Jim Himes (D),  Kendra Horn (D),  Dusty Johnson (R),  Mike Kelly (R),  Robin Kelly (D),  Trent Kelly (R),  Derek Kilmer (D),  Ron Kind (D),  Steve King (R),  Adam Kinzinger (R),  Ann Kuster (D),  Darin LaHood (R),  James Langevin (D),  John Larson (D),  David Loebsack (D),  Blaine Luetkemeyer (R),  Ben Ray Luján (D),  Roger Marshall (R),  Jerry McNerney (D),  Jimmy Panetta (D),  Bill Pascrell (D),  Greg Pence (R),  Scott Peters (D),  Collin Peterson (D),  Lucille Roybal-Allard (D),  David Scott (D),  Terri Sewell (D),  Adrian Smith (R),  Lauren Underwood (D),  Jackie Walorski (R),  Steve Watkins (R),  Frederica Wilson (D), 

Last Action

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

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