Summary: H.R.3321 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3321. Bill summaries are authored by CRS.

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Introduced in House (07/29/2015)

This bill amends the Internal Revenue Code to allow an alternative fuel excise tax credit for liquid fuel derived from natural gas through the Fischer-Tropsch process. The Fischer-Tropsch process is a collection of chemical reactions that converts a mixture of carbon monoxide and hydrogen into liquid hydrocarbons.