116th CONGRESS 1st Session |
To amend the Internal Revenue Code of 1986 to make permanent the second generation biofuel producer credit.
April 3, 2019
Mrs. Axne (for herself and Ms. Finkenauer) introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to make permanent the second generation biofuel producer credit.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. Second generation biofuel producer credit.
(a) In general.—Section 40(b)(6) of the Internal Revenue Code of 1986 is amended by striking subparagraph (J).
(b) Effective date.—The amendment made by this section shall apply to qualified second generation biofuel production after December 31, 2017.