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S. 306

BillFederalSenateIn Committee
Biogas Production Incentive Act of 2009
About This Bill
Committee
Latest Action · January 22, 2009
Read twice and referred to the Committee on Finance.
Congress
111th (2009–2011)
Introduced
January 22, 2009
Cosponsors (14)
7D 7R
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Summary

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Biogas Production Incentive Act of 2009 - Amends the Internal Revenue Code to allow a business tax credit for the production, sale, or use of biogas. Defines "biogas" as a gas that is derived by processing qualified energy feedstock (i.e., manure of agricultural livestock and other organic agricultural or food industry byproduct waste material) in an anaerobic digester and that contains at least 50% methane. Allows such credit to offset alternative minimum tax (AMT) liability.

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