3.0.0 3264 2023-01-11T13:37:25Z 2023-01-11T13:37:25Z House HR 2017-07-17 115 [Congressional Record Volume 163, Number 120 (Monday, July 17, 2017)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mrs. BLACK:H.R. 3264.Congress has the power to enact this legislation pursuantto the following:a) Article I, section 1, to exercise all legislativepowers vested in Congress as granted in the Constitution;b) Article I, section 8, clause 1, which states that,``The Congress shall have Power To lay and collect Taxes,Duties, Imposts and Excises, to pay the Debts and provide forthe common Defence and general Welfare of the UnitedStates'';c) Article I, section 8, clause 18, which gives Congressthe authority ``To make all Laws which shall be necessary andproper for carrying into Execution the foregoing Powers, andall other Powers vested by this Constitution in theGovernment of the United States, or in any Department orOfficer thereof''; andd) Amendment XVI, providing that ``The Congress shall havepower to lay and collect taxes on incomes, from whateversource derived, without apportionment among the severalStates, and without regard to any census or enumeration.''[Page H5920]]]> hswm00 Ways and Means Committee House Standing Referred to 2017-07-17T16:01:30Z 2017-07-17 Referred to the House Committee on Ways and Means. IntroReferral H11100 2 House floor actions hswm00 Ways and Means Committee 2017-07-17 Introduced in House IntroReferral Intro-H 9 Library of Congress 2017-07-17 Introduced in House IntroReferral 1000 9 Library of Congress B001273 Rep. Black, Diane [R-TN-6] Diane Black R TN 6 N K000188 Rep. Kind, Ron [D-WI-3] RON KIND D WI 3 2017-07-17 True V000129 Rep. Valadao, David G. [R-CA-21] David Valadao R CA G. 21 2017-07-17 True C001059 Rep. Costa, Jim [D-CA-16] Jim Costa D CA 16 2017-07-17 True R000486 Rep. Roybal-Allard, Lucille [D-CA-40] LUCILLE ROYBAL-ALLARD D CA 40 2017-12-15 False Taxation Alternative and renewable resources Income tax credits Motor fuels Sales and excise taxes Taxation 00 2017-07-17 Introduced in House 2017-12-15T20:08:13Z Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017

This bill amends the Internal Revenue Code to extend and modify the tax credits for biodiesel, renewable diesel, and alternative fuels.

The bill extends through 2021: (1) the income tax credit for biodiesel and renewable diesel used as fuel, (2) the excise tax credit for biodiesel mixtures, (3) the excise tax credit for alternative fuels, (4) the excise tax credit for alternative fuel mixtures, and (5) the payments that are equivalent to the excise tax credits for biodiesel mixtures and alternative fuels.

Beginning in 2019, the bill phases down the credits for biodiesel, biodiesel mixtures, alternative fuels, and alternative fuel mixtures by reducing the credits by specified amounts.

]]> Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017 Display Title Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017 Official Title as Introduced To amend the Internal Revenue Code of 1986 to extend and modify certain tax incentives for biodiesel, renewable diesel, and alternative fuels. Introduced in House IH Short Titles as Introduced Biodiesel, Renewable Diesel, and Alternative Fuels Extension Act of 2017 Introduced in House 2017-07-17T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115hr3264ih/xml/BILLS-115hr3264ih.xml 2017-07-17 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.