3.0.0 2680 2023-01-13T04:48:34Z 2023-01-13T04:48:34Z Senate S S 2006-04-27 109 ssfi00 Finance Committee Senate Standing Referred to 2006-04-27T23:16:08Z 2006-04-27 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2006-04-27 Introduced in Senate IntroReferral 10000 9 Library of Congress C001057 Sen. Coleman, Norm [R-MN] Norm Coleman R MN N T000024 Sen. Talent, Jim [R-MO] JIM TALENT R MO 2006-04-27 True L000035 Sen. Lincoln, Blanche L. [D-AR] BLANCHE LINCOLN D AR LAMBERT 2006-04-27 True Energy Administrative procedure Agricultural credit Agriculture and Food Alcohol as fuel Alternative energy sources Biomass energy Commerce Diesel motor Economics and Public Finance Energy prices Environmental Protection Environmental Protection Agency Federal aid to transportation Finance and Financial Sector Fines (Penalties) Fuel consumption Government Operations and Politics Government lending Government publicity Government trust funds Hydrogen Income tax Law Liquefied natural gas Liquefied petroleum gas Marketing Motor vehicle pollution control Natural gas Service stations Tax credits Taxation Transportation and Public Works Energy 00 2006-04-27 Introduced in Senate 2006-05-26T19:32:21Z Transforming Energy Now Act of 2006 - Amends the Clean Air Act to establish a 10% minimum renewable fuel requirement for motor vehicle fuel sold in the United States after 2015.

Amends the Internal Revenue Code to increase from 30 to 50% the tax credit rate for alternative fuel vehicle refueling property costs (service stations capable of dispensing alternative fuels to retail consumers).

Establishes in the Treasury the Alternative Fueling Infrastructure Trust Fund to provide grants to increase the number of retail service stations dispensing alternative transportation fuels. Directs the Secretary of Transportation to transfer 90% of civil penalties for noncompliance with automobile fuel economy standards to the Trust Fund to finance such grant program.

Amends the Consolidated Farm and Rural Development Act to provide low-interest loans to build service stations which dispense E-85 (85% ethanol content) fuel to retail consumers.

]]> Transforming Energy Now Act of 2006 Display Title Transforming Energy Now Act of 2006 Official Title as Introduced A bill to facilitate the increased use of alternative fuels for motor vehicles, and for other purposes. Introduced in Senate IS Short Titles as Introduced Transforming Energy Now Act of 2006 Introduced in Senate 2006-04-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-109s2680is/xml/BILLS-109s2680is.xml 2006-04-27 Read twice and referred to the Committee on Finance. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.