[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 10104 Introduced in House (IH)]

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118th CONGRESS
  2d Session
                               H. R. 10104

To amend the Internal Revenue Code of 1986 to prevent a double benefit 
    with respect to second generation biofuels under the clean fuel 
   production credit and the alcohol fuels credit and to extend the 
   application of alcohol fuels credit with respect to such biofuels.


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                    IN THE HOUSE OF REPRESENTATIVES

                            November 8, 2024

Mrs. Miller-Meeks (for herself, Ms. Davids of Kansas, and Mr. Stauber) 
 introduced the following bill; which was referred to the Committee on 
                             Ways and Means

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                                 A BILL


 
To amend the Internal Revenue Code of 1986 to prevent a double benefit 
    with respect to second generation biofuels under the clean fuel 
   production credit and the alcohol fuels credit and to extend the 
   application of alcohol fuels credit with respect to such biofuels.

    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 ``Second Generation Biofuel Producer 
Credit Extension Act of 2024''.

SEC. 2. EXTENSION OF ALCOHOL FUEL CREDIT WITH RESPECT TO SECOND 
              GENERATION BIOFUEL PRODUCTION AND COORDINATION WITH CLEAN 
              FUEL PRODUCTION CREDIT.

    (a) Coordination With Clean Fuel Production Credit.--Section 40(b) 
of the Internal Revenue Code of 1986 is amended by redesignating 
paragraph (6) as paragraph (7) and by inserting after paragraph (5) the 
following new paragraph:
            ``(6) Coordination with clean fuel production credit.--No 
        credit shall be determined under this paragraph with respect to 
        fuel with respect to which a credit was allowed under section 
        45Z(a).''.
    (b) Extension.--Section 40(b)(7)(J)(i) of such Code (as so 
redesignated) is amended by striking ``January 1, 2025'' and inserting 
``January 1, 2026''.
    (c) Effective Date.--The amendments made by this section shall 
apply to qualified second generation biofuel production after December 
31, 2024.
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