Amends the Internal Revenue Code respecting the small ethanol producer credit to: (1) authorize credit allocation among a cooperative's patrons; (2) increase the gallon capacity for eligible producers; (3) make the credit a non-passive income credit; and (4) remove the credit from the alcohol fuel credit gross income inclusion.
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Legislative Actions
Introduced in Senate
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2898-2899)
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