[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[H.R. 9787 Introduced in House (IH)]
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118th CONGRESS
2d Session
H. R. 9787
To amend the Internal Revenue Code of 1986 to prohibit the use of
foreign feedstocks for purposes of the clean fuel production credit,
and for other purposes.
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IN THE HOUSE OF REPRESENTATIVES
September 24, 2024
Mr. Mann (for himself, Ms. Kaptur, Mr. Comer, Ms. Budzinski, and Mr.
Bacon) 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 prohibit the use of
foreign feedstocks for purposes of the clean fuel production credit,
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 ``Farmer First Fuel Incentives Act''.
SEC. 2. PROHIBITION ON FOREIGN FEEDSTOCKS FOR CLEAN FUEL PRODUCTION
CREDIT.
(a) Prohibition on Foreign Feedstocks.--Section 45Z(f)(1)(A) of the
Internal Revenue Code of 1986 is amended--
(1) in clause (i)(II)(bb), by striking ``and'' at the end,
(2) in clause (ii), by striking the period at the end and
inserting ``, and'', and
(3) by adding at the end the following new clause:
``(iii) such fuel is derived from a
feedstock which was produced or grown in the
United States.''.
(b) Effective Date.--The amendments made by this section shall
apply to transportation fuel sold after December 31, 2024.
SEC. 3. EXTENSION OF CLEAN FUEL PRODUCTION CREDIT.
Section 45Z(g) of the Internal Revenue Code of 1986 is amended by
striking ``December 31, 2027'' and inserting ``December 31, 2034''.
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