HR 2238

112th CONGRESS
1st Session

H. R. 2238

To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

June 16, 2011

Mr. SCHOCK (for himself and Mr. PETERSON) introduced the following bill; which was referred to the Committee on Ways and Means


\
A BILL

To amend the Internal Revenue Code of 1986 to modify the incentives for the production of biodiesel, and for other purposes.

SECTION 1. REFORM OF BIODIESEL INCOME TAX INCENTIVES.

`SEC. 40A. BIODIESEL PRODUCTION.

SEC. 2. REFORM OF BIODIESEL EXCISE TAX INCENTIVES.

SEC. 3. BIODIESEL TREATED AS TAXABLE FUEL.

SEC. 4. COMPREHENSIVE STUDY OF ENERGY TAX PREFERENCES FOR RENEWABLE ENERGY AND FOSSIL FUELS.

END