To amend the Internal Revenue Code of 1986 to eliminate tax subsidies for ethanol fuel.
Last action on Oct 12, 2001Referred to the House Committee on Ways and Means.
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Summary
Amends the Internal Revenue Code to: (1) repeal the credit for alcohol used as fuel; (2) tax fuel alcohol to the same extent as gasoline and diesel fuel; and (3) repeal specified incentives for alcohol fuels.
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