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United States · Bill · S

S. 1548 (108th)

Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003

reportedUnited States· United States Congress· EN

Introduced

31 July 2003

Last action

17 September 2003 · Reported

Status

Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.

Sponsors

Sen. Grassley, Chuck [R-IA], Sen. Baucus, Max [D-MT], Sen. Frist, William H. [R-TN], Sen. Daschle, Thomas A. [D-SD], Sen. Domenici, Pete V. [R-NM], Sen. Bingaman, Jeff [D-NM], Sen. Inhofe, James M. [R-OK], Sen. Jeffords, James M. [I-VT], Sen. Thomas, Craig [R-WY], Sen. Voinovich, George V. [R-OH], Sen. Conrad, Kent [D-ND], Sen. Lincoln, Blanche L. [D-AR], Sen. Coleman, Norm [R-MN], Sen. Dorgan, Byron L. [D-ND], Sen. Bond, Christopher S. [R-MO], Sen. Harkin, Tom [D-IA], Sen. Dayton, Mark [D-MN], Sen. Durbin, Richard J. [D-IL], Sen. Talent, Jim [R-MO], Sen. Nelson, Ben [D-NE], Sen. Brownback, Sam [R-KS], Sen. DeWine, Mike [R-OH], Sen. Cochran, Thad [R-MS], Sen. Johnson, Tim [D-SD], Sen. Craig, Larry E. [R-ID], Sen. Crapo, Mike [R-ID], Sen. Burns, Conrad R. [R-MT], Sen. Murkowski, Lisa [R-AK], Sen. Lugar, Richard G. [R-IN], Sen. Stevens, Ted [R-AK], Sen. Hagel, Chuck [R-NE], Sen. Fitzgerald, Peter [R-IL]

Subjects

Taxation

Source updated

18 August 2025

Taxation

Official sourceDownload fileView documentsShare

Summary

Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003 - Amends the Internal Revenue Code to establish, for a limited period of time: (1) a biodiesel fuels credit business credit; and (2) as a credit against the gasoline and diesel fuel excise tax, a credit equal to the sum of the alcohol fuel mixture credit plus the biodiesel mixture credit.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 31 July 2003

    Introduced

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR 8/1/2003 S10681-10683)

    Source: IntroReferral

  2. 31 July 2003

    Introduced

    Sponsor introductory remarks on measure. (CR S10680-10681)

    Source: IntroReferral

  3. 31 July 2003

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 17 September 2003

    Reported

    Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 31 July 2003

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 31 July 2003

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 31 July 2003

    Open at official source

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Sponsors

Related records

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Sources

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