Summary: S.1548 — 108th Congress (2003-2004)All Information (Except Text)

There is one summary for S.1548. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (07/31/2003)

Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003 - Amends the Internal Revenue Code to establish, for a limited period of time: (1) a biodiesel fuels credit business credit; and (2) as a credit against the gasoline and diesel fuel excise tax, a credit equal to the sum of the alcohol fuel mixture credit plus the biodiesel mixture credit.