Topical Terminology > VEETC
1 Definition
VEETC
For VEETC we have a term and definition in Ethanol.
VEETC (Ethanol) 
Stands for Volumetric Ethanol Excise Tax Credit, 2004 federal legislation that strengthened the nations commitment to renewable fuels by extending tax incentives for ethanol and biodiesel, improving flexibility for petroleum companies to blend ethanol, and ensuring that Highway Trust Fund revenues are not adversely affected by increased ethanol use.
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