FACTBOX: Biofuel provisions in US House energy bill

(Reuters) - The energy bill under debate in the U.S. House on Tuesday would extend the $1-a-gallon tax credit for biodiesel fuel for one year.

According to congressional staffers, the major items in the energy bill that apply to biofuels were:

-- Extending of the $1 a gallon biodiesel tax credit and the small biodiesel-producer credit of 10 cents a gallon for one year, to December 31, 2009.

-- Making the biodiesel credit available for fuel created from biomass without regard to the process. Diesel fuel created by co-processing biomass with other feedstocks, such as petroleum, will be eligible for 50-cent a gallon credit for alternative fuels.

-- Increasing the alternative refueling property credit to 50 percent, or maximum $50,000, for businesses that install alternative-fuel pumps and extending the credit through 2010. The credit now is 30 percent with a maximum of $30,000. The cap on alternative refueling property credit for individuals would be doubled to $2,000 and the credit would be available through 2017 for natural gas home refueling pumps.

-- Treating income from transportation through pipelines or storage of certain alternative fuels, such as ethanol, the same as income from transportation of oil and gas through pipelines.

(Reporting by Charles Abbott; editing by Jim Marshall)