US HB2231 | 2011-2012 | 112th Congress

Status

Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on June 16 2011 - 25% progression, died in committee
Action: 2011-06-16 - Referred to House Budget
Pending: House Budget Committee
Text: Latest bill text (Introduced) [PDF]

Summary

Ethanol Modernization and Deficit Reduction Act - Amends the Internal Revenue Code to advance the termination date of the income and excise tax credits for ethanol from December 31, 2011, to June 30, 2011; (2) extend the tax credit for alternative fuel vehicle refueling property expenditures and the cellulosic biofuel producer tax credit; (3) extend the bonus depreciation allowance for cellulosic biofuel plant property; and (4) revise the definition of cellulosic biofuel for purposes of the cellulosic biofuel producer tax credit. Exempts the budgetary effects of this Act from PAYGO scorecard requirements under the Statutory Pay-As-You-Go Act of 2010.

Tracking Information

Register now for our free OneVote public service or GAITS Pro trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Monitor Legislation or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Ethanol Modernization and Deficit Reduction Act

Sponsors


History

DateChamberAction
2011-06-16HouseReferred to House Budget
2011-06-16HouseReferred to House Ways and Means
2011-06-16HouseReferred 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.

Same As/Similar To

SB1185 (Related) 2011-06-13 - Read twice and referred to the Committee on Finance.
SB1220 (Related) 2011-06-16 - Read twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

feedback