Domestic Energy Promotion Act of 2011

Summary

Domestic Energy Promotion Act of 2011 - Amends the Internal Revenue Code to: (1) reduce the volumetric ethanol excise tax credit (VEETC) to 20 cents per gallon in 2012 and 15 cents per gallon in 2013; (2) link the amount of such credit to the price of crude oil for calendar quarters beginning after 2013; (3) modify the rates of the income tax credit for alcohol used as fuel and extend such credit through 2016; and (4) extend through 2016 the alternative fuel refueling property tax credit, the cellulosic producers' tax credit, and the special depreciation allowance for cellulosic biofuel plant property. Amends the Harmonized Tariff Schedule of the United States to reduce by specified amounts through 2016 the additional duties on ethyl alcohol blends (ethanol) used as fuel.

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Timeline

1. 4 May 2011

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 4 May 2011

   Introduced

   Sponsor introductory remarks on measure. (CR S2688)

   Source: IntroReferral

3. 4 May 2011

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 4 May 2011 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 May 2011

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 May 2011

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 4 May 2011

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Sen. Grassley, Chuck [R-IA] · R · Sponsor
• Sen. Conrad, Kent [D-ND] · D · Sponsor
• Sen. Johanns, Mike [R-NE] · R · Sponsor
• Sen. Klobuchar, Amy [D-MN] · D · Sponsor
• Sen. Franken, Al [D-MN] · D · Sponsor
• Sen. Johnson, Tim [D-SD] · D · Sponsor
• Sen. Harkin, Tom [D-IA] · D · Sponsor
• Sen. Nelson, Ben [D-NE] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to ← Ethanol Reform and Deficit Reduction Act
• related to ← Fulfilling U.S. Energy Leadership Act of 2011