To amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.

Summary

Amends the Internal Revenue Code respecting the small ethanol producer credit to: (1) authorize credit allocation among a cooperative's patrons; (2) increase the gallon capacity for eligible producers; (3) make the credit a non-passive income credit; and (4) remove the credit from the alcohol fuel credit gross income inclusion.

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Timeline

1. 29 January 2003

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 29 January 2003

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 January 2003

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 29 January 2003 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 January 2003

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 January 2003

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 29 January 2003

  Open at official source

Sponsors

• Steve King · R · Sponsor
• Rep. Pomeroy, Earl [D-ND-At Large] · D · Sponsor
• JOHN SHIMKUS · R · Sponsor
• Michael Simpson · R · Sponsor
• Rep. Rehberg, Denny [R-MT-At Large] · R · Sponsor
• Rep. Weller, Jerry [R-IL-11] · R · Sponsor
• Rep. LaHood, Ray [R-IL-18] · R · Sponsor
• Rep. Kennedy, Mark R. [R-MN-6] · R · Sponsor
• Rep. Latham, Tom [R-IA-3] · R · Sponsor
• Jerry Moran · R · Sponsor
• Rep. Bereuter, Doug [R-NE-1] · R · Sponsor
• Sam Graves · R · Sponsor
• Rep. Emerson, Jo Ann [R-MO-8] · R · Sponsor
• Sen. Blunt, Roy [R-MO] · R · Sponsor
• Rep. Johnson, Timothy V. [R-IL-15] · R · Sponsor
• Rep. Whitfield, Ed [R-KY-1] · R · Cosponsor
• Rep. Green, Mark [R-WI-8] · R · Cosponsor
• Rep. Lewis, Ron [R-KY-2] · R · Cosponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
• Rep. Skelton, Ike [D-MO-4] · D · Cosponsor
• Rep. Kline, John [R-MN-2] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1986 to allow allocation of small ethanol producer credit to patrons of cooperative, and for other purposes.