3.0.0 2262 2022-12-31T05:26:02Z 2022-12-31T05:26:02Z Senate S 2021-06-24 117 ssfi00 Finance Committee Senate Standing Referred to 2021-06-24T18:49:11Z Low Carbon Biofuel Act 117 4254 HR 2021-06-30 Referred to the House Committee on Ways and Means. Related bill CRS 2021-06-24 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. IntroReferral 2021-06-24 Introduced in Senate IntroReferral 10000 9 Library of Congress K000367 Sen. Klobuchar, Amy [D-MN] Amy Klobuchar D MN N T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2021-06-24 True B001230 Sen. Baldwin, Tammy [D-WI] Tammy Baldwin D WI 2021-07-13 False S001203 Sen. Smith, Tina [D-MN] Tina Smith D MN 2021-07-13 False Taxation Taxation 00 2021-06-24 Introduced in Senate 2021-08-03T15:24:34Z 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.

]]> Low Carbon Biofuel Credit Act Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to establish an income tax credit for the sale or blending of certain fuels containing ethanol. Introduced in Senate IS Display Title Low Carbon Biofuel Credit Act Short Title(s) as Introduced Low Carbon Biofuel Credit Act Introduced in Senate IS Introduced in Senate 2021-06-24T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-117s2262is/xml/BILLS-117s2262is.xml 2021-06-24 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.