0
0
0
Biodiesel Renewable Fuels Act
1/16/2023, 4:47 PM
Congressional Summary of S 1058
Biodiesel Renewable Fuels Act - Amends the Internal Revenue Code to: (1) allow a tax credit of between 3 and 20 cents per gallon for soy or specified vegetable based biodiesel fuel mixtures; and (2) make corresponding reductions to motor fuel excise taxes.
Read the Full Bill
Current Status of Bill S 1058
Bill S 1058 is currently in the status of Bill Introduced since June 19, 2001. Bill S 1058 was introduced during Congress 107 and was introduced to the Senate on June 19, 2001. Bill S 1058's most recent activity was Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S6451-6452) as of June 19, 2001
Bipartisan Support of Bill S 1058
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
9Democrat Cosponsors
6Republican Cosponsors
3Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 1058
Primary Policy Focus
TaxationPotential Impact Areas
- Agriculture and Food
- Alternative fuels
- Biomass energy
- Business income tax
- Commerce
- Diesel motor
- Economics and Public Finance
- Energy
- Energy tax credits
- Federal aid highway program
- Gasoline tax
- Government trust funds
- Income tax
- Oils and fats
- Oilseeds
- Tax rates
- Transportation and Public Works
Alternate Title(s) of Bill S 1058
Biodiesel Renewable Fuels Act
A bill to amend the Internal Revenue Code of 1986 to provide tax relief for farmers and the producers of biodiesel, and for other purposes.
Biodiesel Renewable Fuels Act
Comments
Sponsors and Cosponsors of S 1058
Latest Bills
Recover COVID Unemployment Fraud in Banks Act
Bill HR 8873May 30, 2026
No Aid for Ghost Students Act of 2026
Bill HR 7892May 30, 2026
Preventing Waste, Fraud, and Abuse in TANF Act
Bill HR 8872May 30, 2026
Student Aid Fraud Oversight and Accountability Act of 2026
Bill HR 7891May 30, 2026
Prove It Act
Bill HR 1163May 30, 2026
CONNECT Act
Bill HR 7995May 30, 2026
Foster Youth Workforce Opportunity Act
Bill HR 7343May 30, 2026
Foster Youth Postsecondary Education Access and Success Act
Bill HR 7463May 30, 2026
Fresh Starts for Foster Youth Act
Bill HR 7529May 30, 2026
Support for Expectant and Parenting Foster Youth Act
Bill HR 7655May 30, 2026