Federal tax provisions relating to the production and consumption of alcohol fuels

This report is an outline of those provisions of the Federal tax code which provide incentives for the production, sale, and consumption of alcohol fuels. nTo promote the production and use of alcohol fuels, under present Federal tax law there is an exemption from the gasoline excise taxes, three types of income tax credits (the blender's fuel credit, the alternative fuel production credit, and the business energy investment tax credit), and an exemption on interest income on industrial development bonds.,Abstract -- Introduction -- Exemption from Manufacturer's Excise Tax on Gasoline and Special Motor Fuels -- the Alcohol Fuels (Blender's) Tax Credit -- The Alternative Fuels Production Tax Credit -- The Business Energy Investment Tax Credits. Alternative Energy Property ; Biomass Property -- Tax-Exempt Interest on Industrial Development Bonds.,Salvatore Lazzari, Analyst in Taxation and Fiscal Policy, Economics Division.,CRS 84-682 E,"June 28, 1984.",SuDoc# LC 14. 18/3