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United States · Bill · HR

H.R. 6943 (110th)

To amend the Internal Revenue Code of 1986 to provide for a credit for algae derived fuels, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

18 September 2008

Last action

Status

Referred to the House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to allow an income and excise tax credit for the production of algae derived fuel and fuel mixtures. Defines "algae derived fuel" as a liquid hydrocarbon product that is derived from the biomass of algal organisms (single- or multi-cellular organisms that are inherently photosynthetic and aquatic). Terminates such credits after 2012.

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Documents

3 official files

Introduced in House (text)

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