Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003
Committee on Finance. Ordered to be reported with an amendment in the nature of a substitute favorably.
Congressional Research Service
Official summary
Version 00 · Introduced in Senate · Jul 31, 2003
Volumetric Ethanol Excise Tax Credit (VEETC) Act of 2003 - Amends the Internal Revenue Code to establish, for a limited period of time: (1) a biodiesel fuels credit business credit; and (2) as a credit against the gasoline and diesel fuel excise tax, a credit equal to the sum of the alcohol fuel mixture credit plus the biodiesel mixture credit.
No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Aug 18, 2025. Consult Congress.gov for the current record.
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