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United States · Bill · HR

H.R. 5142 (111th)

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

passedUnited States· United States Congress· EN

Introduced

26 April 2010

Last action

Status

Rule H. Res. 1781 passed House.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

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.

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Documents

3 official files

Introduced in House (text)

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