US HB5142 | 2009-2010 | 111th Congress

Status

Spectrum: Moderate Partisan Bill (Democrat 51-6)
Status: Introduced on April 26 2010 - 25% progression, died in chamber
Action: 2010-12-21 - Rule H. Res. 1781 passed House.
Text: Latest bill text (Introduced) [PDF]

Summary

Grow a Renewable Energy Economy Now--Jumpstart Other Biofuels Act of 2010 - Amends the Internal Revenue Code to: (1) allow a 30% energy tax credit for investments in qualified cellulosic and algae-based biofuel facilities; (2) extend through 2016 the special depreciation allowance for qualified cellulosic biofuel plant property; (3) include algae-based biofuel within the definition of cellulosic biofuel for purposes of the cellulosic biofuel producer tax credit; (4) exclude from the definition of cellulosic biofuel any processed fuel with an acid number greater than 25; (5) extend through 2016 the cellulosic biofuel producer tax credit; and (6) allow a direct payment of 30% of the basis of cellulosic and algae-based biofuel facility property.

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

Grow a Renewable Energy Economy Now--Jumpstart Other Biofuels Act of 2010

Sponsors


History

DateChamberAction
2010-12-21 Rule H. Res. 1781 passed House.
2010-12-21 Rules Committee Resolution H. Res. 1781 Reported to House. Rule provides for consideration of H.R. 5116, H.R. 2751 and H.R. 5142. Providing for consideration of the Senate amendment to H.R. 5116, consideration of the Senate amendments to H.R. 2751, and consideration of the Senate amendment H.R. 2142
2010-04-26 Referred to the House Committee on Ways and Means.

Same As/Similar To

HR1781 (Related) 2010-12-21 - Motion to reconsider laid on the table Agreed to without objection.

Subjects


US Congress State Sources


Bill Comments

feedback