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H.R. 6134, The Renewable Fuel Adjustment Act of 2008
- This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.
Comparing revision saved on May 23, 2008, 19:30:23 (webmaster), with revision saved on September 11, 2008, 19:33:34 (webmaster):
H.R. 6134 would restore certain fuels provisions enacted by section 1501 of the Energy Policy Act of 2005.
== Detailed Summary ==
<summary>
(Log inRenewable Fuel Adjustment Act of 2008 - Repeals specified amendments made to editrenewable fuel program provisions of the wikiClear Air Act by the Energy Independence and beSecurity Act of 2007, including the firstrenewable fuel standards and related definitions prescribed by such Act.
Requires the President to provide a detailed summaryrecommend changes to renewable fuel standards based upon the findings of the bill!)National Academy of Sciences (NAS) study of the impact of the renewable fuel program on producers of feed grains, livestock, food, forest products, and energy when the Secretary of Energy submits it to Congress.
Requires the Secretary to enter into an arrangement with NAS to assess the impact of federal and state requirements to use ethanol on such producers and producers of other consumer goods.
Amends the Internal Revenue Code to provide for reductions in the ethanol blender credits for ethanol derived from corn kernels, soybeans, or any other substances that are suitable for human food or livestock feed consumption.
</summary>
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== Status of the Legislation ==
<status>
Latest Major Action: 5/22/2008: Referred to House committee. Status: Referred to the Committee on Energy and Commerce, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
</status>
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== Points in Favor ==
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== Points Against ==
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