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IL HR0843

Resolution

Status

Passed

2/16/2010

Primary Sponsor

Darlene Senger

Click for details

Origin

House of Representatives

96th General Assembly

AI Summary

  • Urges the U.S. Congress to quickly enact legislation extending federal tax incentives for domestic biodiesel production that expired on December 31, 2009.

  • Notes that over 170 companies have invested millions in U.S. biodiesel manufacturing plants with approximately 2.7 billion gallons annual production capacity.

  • States that only 15% of biodiesel plants were operating in early 2010 due to concerns about the availability of a $1 per gallon blenders' excise tax credit.

  • Cites a December 2009 study warning that eliminating the credit would substantially harm biodiesel production and result in job losses, increased reliance on foreign oil, and compromised energy security.

  • Directs delivery of the resolution to the President of the United States and each member of the Illinois congressional delegation.

Legislative Description

URGE-EXTEND BIODIESEL CREDITS

Last Action

Resolution Adopted

2/16/2010

Committee Referrals

Agriculture & Conservation2/3/2010
Rules2/1/2010

Full Bill Text

No bill text available