Ethanol Subsidy and Tariff Repeal Act - Amends the Internal Revenue Code to advance the termination date of the income and excise tax credits for alcohol fuel mixtures (ethanol) from December 31, 2011, to the later of June 30, 2011, or the enactment of this Act.
Amends the Harmonized Tariff Schedule of the United States to allow, on or after June 30, 2011, duty-free treatment for ethyl alcohol or any mixture containing ethyl alcohol (ethanol).
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