H.R. 4254 · 117th Congress
Low Carbon Biofuel Act
- Stage
- In committee
- Sponsor
- Cynthia Axne
- Introduced
- 2021-06-30
- Latest action
- 2021-06-30 · Introduced in House
Summary
Low Carbon Biofuel Act
This bill allows certain taxpayers (defined by this bill as an oxygenate blender and a retailer) a new business-related income tax credit for the sale or blending of E15 gasoline (more than 13 and not more than 15 volume percent ethanol) and other fuels containing more than 15 volume percent ethanol.