Bill > S2353

Introduced Session

Biodiesel Tax Incentive Reform and Extension Act of 2015 This bill amends the Internal Revenue Code to: (1) extend through March 31, 2016, the income tax credit for biodiesel and renewable diesel used as fuel and the excise tax credit for biodiesel fuel mixtures, (2) allow through 2018 a new income and excise tax credit equal to $1.00 for each gallon of biodiesel produced, and (3) provide for an increased credit for small biodiesel producers.

Committee Categories

Chuck Grassley (R)*,  Maria Cantwell (D),  Martin Heinrich (D),  Pat Roberts (R), 

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381) (on 12/03/2015)

Official Document