S.2762 - A bill to encourage the use of indigenous feedstock from the Caribbean Basin region with respect to ethyl alcohol for fuel use.108th Congress (2003-2004)
Summary: S.2762 — 108th Congress (2003-2004)
Introduced in Senate (07/22/2004)
Amends the Tax Reform Act of 1986 with respect to duty-free treatment for ethyl alcohol and mixtures of it for fuel use if they are indigenous products of a U.S. insular possession or Caribbean Basin Initiative beneficiary country. Revises the formula for the local feedstock requirement and the definition of base quantity.