To amend the Internal Revenue Code of 1986 to extend for one year the credit for biodiesel and renewable diesel used as fuel.

Bill: 114-hr-6358
Sponsor: full_name: Rep. Grayson, Alan [D-FL-9]
Introduced: 2016-11-17
Policy area: Taxation
Latest action: action_date: 2016-11-17
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2016-11-17
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code to extend through December 31, 2017, the income tax credit for biodiesel and renewable diesel used as fuel.</p>

tv_txt: I 114th CONGRESS 2d Session H. R. 6358 IN THE HOUSE OF REPRESENTATIVES November 17, 2016 Mr. Grayson 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 extend for one year the credit for biodiesel and renewable diesel used as fuel.

1. Extension of credit for biodiesel and renewable diesel used as fuel (a) In general Subsection (g) of section 40A of the Internal Revenue Code of 1986 is amended by striking December 31, 2016 and inserting December 31, 2017 . (b) Effective date The amendment made by this section shall apply to fuel sold or used after December 31, 2016.