Used Oil Re-Refining Tax Credit Act of 2010

Summary

Used Oil Re-Refining Tax Credit Act of 2010 - Amends the Internal Revenue Code to allow a tax credit for 30% of the investment in a project to process qualifying re-refined lubricating oil from used oil. Defines "qualifying re-refined lubricating oil" as a base oil which meets the American Society of Testing and Materials standard for hydrocarbon lubricating base oil (ASTM D6074) and which is manufactured from used lubricating oil. Directs the Secretary of the Treasury, in consultation with the Secretary of Energy, to establish a qualifying used oil re-refining project program for the deployment of used oil re-refining technologies.

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Timeline

1. 29 September 2010

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 29 September 2010

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 September 2010

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

• Introduced in House · 29 September 2010 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 29 September 2010

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 29 September 2010

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 29 September 2010

  Open at official source

Sponsors

• Rep. Etheridge, Bob [D-NC-2] · D · Sponsor
• · hswm00 · Standing

Related records

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