S. 2262 · 117th Congress · Senate

Low Carbon Biofuel Credit Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Jun 24, 21
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

Low Carbon Biofuel Credit Act

This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and no more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.

Action Timeline

2
  1. JUN 24, 2021IntroReferral

    Introduced in Senate

  2. JUN 24, 2021IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jun 24, 2021

Active