IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoTax or social insurance relief
President Obama on December 17, 2010 signed into law the 'Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act' (H.R.4853), after the Senate approved the bill by a vote of 81-19 (December 15), followed by a House vote of 277-148 (on December 17).
Section 708 of the bill grants a one-year extension of domestic ethanol subsidies and tariffs on imported ethanol. The subsidies and tariffs were due to expire at the end of 2010, but have been extended through the end of 2011.
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