H.R.4168 - Algae-based Renewable Fuel Promotion Act of 2010111th Congress (2009-2010)
| Sponsor: | Rep. Teague, Harry [D-NM-2] (Introduced 12/01/2009) |
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| Committees: | House - Ways and Means |
| Latest Action: | 11/15/2010 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 639. (All Actions) |
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This bill has the status Passed House
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- Introduced
- Passed House
Subject — Policy Area:
- Taxation
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Summary (2)
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Text (4)
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Actions (9)
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Titles (3)
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Amendments (0)
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Cosponsors (13)
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Committees (1)
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Related Bills (1)
Summary: H.R.4168 — 111th Congress (2009-2010)All Bill Information (Except Text)
Bill summaries are authored by CRS.
Shown Here:
Passed House amended (09/28/2010)
Algae-based Renewable Fuel Promotion Act of 2010 - Amends the Internal Revenue Code to modify the definition of "cellulosic biofuel" for purposes of the cellulosic biofuel producer tax credit and the special depreciation allowance to mean any liquid fuel which is derived solely from qualified feedstocks. Defines "qualified feedstocks" as any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis and any cultivated algae, cyanobacteria, or lemna.
Provides for compliance of the budgetary effects of this Act with the Statutory Pay-As-You-Go Act of 2010.