HR 2231

112th CONGRESS
1st Session

H. R. 2231

To amend the Internal Revenue Code of 1986 to terminate the ethanol tax credits, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

June 16, 2011

Mrs. NOEM (for herself, Mr. BERG, and Mr. SCHOCK) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned


A BILL

To amend the Internal Revenue Code of 1986 to terminate the ethanol tax credits, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. TERMINATION OF ETHANOL TAX CREDITS.

SEC. 3. EXTENSION AND MODIFICATION OF ALTERNATIVE FUEL VEHICLE REFUELING PROPERTY CREDIT.

SEC. 4. EXTENSION OF CELLULOSIC BIOFUEL PRODUCER CREDIT THROUGH 2014.

SEC. 5. EXTENSION OF SPECIAL DEPRECIATION ALLOWANCE FOR CELLULOSIC BIOFUEL PLANT PROPERTY.

SEC. 6. ALGAE TREATED AS A QUALIFIED FEEDSTOCK FOR PURPOSES OF THE CELLULOSIC BIOFUEL PRODUCER CREDIT, ETC.

SEC. 7. BUDGETARY EFFECTS.

END