3.0.0 5435 2023-01-11T13:20:06Z 2023-01-11T13:20:06Z House H HR 2010-05-27 111 hswm00 Ways and Means Committee House Standing Referred to 2010-05-27T14:09:46Z 2010-05-27 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2010-05-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2010-05-27 Introduced in House IntroReferral 1000 9 Library of Congress B001259 Rep. Braley, Bruce L. [D-IA-1] Bruce Braley D IA L. 1 N Taxation Alternative and renewable resources Electric power generation and transmission Income tax credits Income tax deductions Oil and gas Sales and excise taxes Tariffs Taxation 00 2010-05-27 Introduced in House 2010-06-09T22:10:58Z Big Oil Accountability Act of 2010 - Amends the Internal Revenue Code to extend through 2015: (1) the tax credit for biodiesel and renewable diesel used as fuel and the excise tax credit for biodiesel and renewable diesel fuel mixtures; (2) the tax credit for alcohol used as fuel, the cellulosic biofuel producer credit, and the credit amount for ethanol blenders; (3) the excise tax credit for alcohol fuel mixtures; and (4) the tax credit for the production of electricity from certain renewable resources (e.g., biomass, geothermal or solar energy facilities, and hydropower facilities).

Amends the Harmonized Tariff Schedule of the United States to extend until 2016 the additional tariff on ethyl alcohol blends (ethanol) used as fuel.

Denies a tax deduction for income attributable to the domestic production, refining, processing, transportation, or distribution of oil (or any primary products thereof).

]]> Big Oil Accountability Act of 2010 Display Title Big Oil Accountability Act of 2010 Official Title as Introduced To amend the Internal Revenue Code of 1986 to extend certain renewable fuel, and energy, tax incentives, and to deny the deduction for income attributable to domestic production of oil, or primary products thereof. Introduced in House IH Short Titles as Introduced Big Oil Accountability Act of 2010 Introduced in House 2010-05-27T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr5435ih/xml/BILLS-111hr5435ih.xml 2010-05-27 Referred to the House Committee on Ways and Means. 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.