[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2307 Introduced in House (IH)]
112th CONGRESS
1st Session
H. R. 2307
To repeal the tax credits for ethanol blenders, to repeal the tariff on
imported ethanol, and for other purposes.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
June 23, 2011
Mr. Herger (for himself, Mr. Crowley, Mr. Sam Johnson of Texas, Mr.
Stark, Mr. Nunes, Mr. Blumenauer, Mr. Flake, Mr. Costa, Mrs. Bono Mack,
Mr. Larsen of Washington, Mr. Goodlatte, Mr. Matheson, Mr. Lance, Mr.
Welch, and Mr. Womack) introduced the following bill; which was
referred to the Committee on Ways and Means
_______________________________________________________________________
A BILL
To repeal the tax credits for ethanol blenders, to repeal the tariff on
imported ethanol, and for other purposes.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Ethanol Subsidy Repeal Act''.
SEC. 2. REPEAL OF TAX SUBSIDIES FOR ETHANOL BLENDERS.
(a) Income Tax Credit.--Subsection (h) of section 40 of the
Internal Revenue Code of 1986 is amended to read as follows:
``(h) Repeal of Credit for Ethanol Blenders.--In the case of any
alcohol mixture credit or alcohol credit with respect to any sale or
use of alcohol which is ethanol--
``(1) subsections (b)(1)(A), (b)(2)(A), (d)(3)(A), and
(d)(3)(B) shall each be applied by substituting `0 cents' for
`60 cents', and
``(2) subsections (b)(3), (d)(3)(A), and (d)(3)(B) shall
each be applied by substituting `0 cents' for `45 cents'.''.
(b) Excise Tax Credit.--
(1) In general.--Subparagraph (A) of section 6426(b)(4) of
such Code (as in effect prior to redesignation by paragraph
(2)) is amended--
(A) by striking ``and ethanol'' in the matter
preceding clause (i),
(B) by striking ``or'' at the end of clause (i),
(C) by striking the period at the end of clause
(ii) and inserting ``, or'', and
(D) by inserting after clause (ii) the following
new clause:
``(iii) ethanol.''.
(2) Conforming amendments.--Subsection (b) of section 6426
of such Code is amended--
(A) by striking ``the applicable amount and'' in
paragraph (1) and inserting ``60 cents multiplied by'',
(B) by striking paragraph (2), and
(C) by redesignating paragraphs (3) through (6) as
paragraphs (2) through (5), respectively.
(c) Effective Date.--The amendments made by this section shall
apply to fuel produced, and sold or used, after the date of the
enactment of this Act.
SEC. 3. REMOVAL OF TARIFFS ON ETHANOL.
(a) Duty-Free Treatment.--Chapter 98 of the Harmonized Tariff
Schedule of the United States is amended by adding at the end the
following new subchapter:
``Subchapter XXIII
Alternative Fuels
----------------------------------------------------------------------------------------------------------------
Rates of Duty
---------------------------------------------------------------------
Heading/Subheading Article Description 1
----------------------------------------------- 2
General Special
----------------------------------------------------------------------------------------------------------------
9823.01.01 Ethyl alcohol Free Free 20%''.
(provided for in
subheadings
2207.10.60 and
2207.20) or any
mixture containing
such ethyl alcohol
(provided for in
heading 2710 or 3824)
if such ethyl alcohol
or mixture is to be
used as a fuel or in
producing a mixture
of gasoline and
alcohol, a mixture of
a special fuel and
alcohol, or any other
mixture to be used as
fuel (including motor
fuel provided for in
subheading
2710.11.15,
2710.19.15 or
2710.19.21), or is
suitable for any such
uses.................
----------------------------------------------------------------------------------------------------------------
(b) Conforming Amendments.--Subchapter I of chapter 99 of the
Harmonized Tariff Schedule of the United States is amended--
(1) by striking heading 9901.00.50; and
(2) by striking U.S. notes 2 and 3.
(c) Effective Date.--The amendments made by this section apply to
goods entered, or withdrawn from warehouse for consumption, on or after
the date of the enactment of this Act.
<all>