House Passes Tax Cut Bill with Ethanol Tariff Extension
On December 16, 2010, the House passed H.R. 4853, the Middle Class Tax Relief Act, by a vote of 81 to 19. According to a press report, the bill extends the tariff on imported ethanol through 2011. The Senate passed…
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H.R. 4853 on December 15, 2010, and the President is expected to soon sign it into law.