- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Senate Committee on Environment and Public WorksIntroducedDecember 12th, 2013
- senate Committees
What is it?
The bill would eliminate the corn ethanol mandate within the Renewable Fuel Standard (RFS), which requires annual increases in the amount of renewable fuel that must be blended into the total volume of gasoline refined and consumed in the United States. The bill would not affect non-corn ethanol biofuels. Currently, 44% of corn grown in the U.S. is used for fuel.
The bill would impact how much corn is required to be in the national fuel supply (currently capped at 10%). This, in turn, has the possibility of impacting corn futures, food and feed prices, and investment in alternative biofuels.
A CBO cost is currently unavailable.