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United States · Bill · S

S. 1942 (107th)

Biodiesel Promotion Act of 2002

openUnited States· United States Congress· EN

Introduced

13 February 2002

Last action

14 February 2002 · Introduced

Status

Sponsor introductory remarks on measure. (CR S845)

Sponsors

Sen. Lincoln, Blanche L. [D-AR], Sen. Dayton, Mark [D-MN], Rep. Johnson, Tim [D-SD-At Large]

Subjects

Taxation

Source updated

19 August 2025

Taxation

Summary

Biodiesel Promotion Act of 2002 - Amends the Internal Revenue Code to establish, until December 31, 2012, a credit to promote the production and usage of biodiesel fuel. Imposes a tax for biodiesel not used as fuel, but for which a credit was granted. Reduces motor fuel excise taxes on biodiesel mixtures. Provides for transfers of funds from the Commodity Credit Corporation to the Highway Trust Fund in amounts equivalent to the reductions that would occur but for this Act.

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

Timeline

  1. 13 February 2002

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 13 February 2002

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 14 February 2002

    Introduced

    Sponsor introductory remarks on measure. (CR S845)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

View fileDownload file

Sponsors

Related records

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Sources

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