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United States · Bill · HR

H.R. 5343 (111th)

Advanced Biofuel Investment Act of 2010

referredUnited States· United States Congress· EN

Introduced

19 May 2010

Last action

Status

Referred to the Subcommittee on Trade.

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Advanced Biofuel Investment Act of 2010 - Amends the Internal Revenue Code to allow a 30% energy tax credit for investment in qualified advanced biofuel production property. Defines "qualified advanced biofuel production property" as property used to produce biofuel which meets the definition of advanced biofuel in the Farm Security and Rural Investment Act of 2002 and has lifecycle greenhouse gas emissions that are at least 50% less than baseline lifecycle greenhouse gas emissions required by the Clean Air Act. Terminates such credit after 2015. Amends the American Recovery and Reinvestment tax Act of 2009 to allow investors in qualified advanced biofuel production property a grant in lieu of a tax credit for investment in such property.

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Documents

3 official files

Introduced in House (text)

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