Biodiesel Tax Incentive Reform and Extension Act of 2015
This bill amends the Internal Revenue Code to: (1) extend through March 31, 2016, the income tax credit for biodiesel and renewable diesel used as fuel and the excise tax credit for biodiesel fuel mixtures, (2) allow through 2018 a new income and excise tax credit equal to $1.00 for each gallon of biodiesel produced, and (3) provide for an increased credit for small biodiesel producers.
Action Date | Type | Text | Source |
---|---|---|---|
2015-12-03 | IntroReferral | Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S8380-8381) | Senate |
2015-12-03 | IntroReferral | Introduced in Senate | Library of Congress |