[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2361 Introduced in House (IH)]







110th CONGRESS
  1st Session
                                H. R. 2361

 To amend the Internal Revenue Code of 1986 to disallow the credit for 
renewable diesel in the case of fuel coproduced with petroleum, natural 
                        gas, or coal feedstocks.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 17, 2007

 Mr. Doggett (for himself, Mr. Hulshof, Mr. Larson of Connecticut, Mr. 
   Andrews, Mr. Becerra, Mr. Bishop of New York, Mr. Blumenauer, Mr. 
Braley of Iowa, Ms. Corrine Brown of Florida, Mr. Carnahan, Ms. Carson, 
   Ms. Clarke, Mr. Clay, Mr. Cleaver, Mr. Conyers, Mr. Crowley, Mr. 
 DeFazio, Ms. DeLauro, Mr. Ellison, Mr. Emanuel, Mr. Farr, Mr. Filner, 
 Mr. Fortenberry, Mr. Grijalva, Mr. Hare, Mr. Hinchey, Mr. Inslee, Ms. 
  Kaptur, Ms. Kilpatrick, Mr. Kind, Ms. Lee, Mr. Levin, Mr. Lewis of 
 Georgia, Mr. Lipinski, Mr. Loebsack, Mr. McDermott, Mr. McGovern, Mr. 
 McNulty, Mr. Oberstar, Mr. Pascrell, Ms. Schwartz, Ms. Slaughter, Ms. 
    Solis, Mr. Stark, Ms. Sutton, Mr. Tierney, Mr. Van Hollen, Ms. 
 Velazquez, Ms. Watson, Mr. Welch of Vermont, Mr. Waxman, Ms. Waters, 
 Mrs. Capps, Ms. Schakowsky, and Ms. Woolsey) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to disallow the credit for 
renewable diesel in the case of fuel coproduced with petroleum, natural 
                        gas, or coal feedstocks.

    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 ``Responsible Renewable Energy Tax 
Credit Act of 2007''.

SEC. 2. DISALLOWANCE OF RENEWABLE DIESEL CREDIT FOR FUEL COPRODUCED 
              WITH CERTAIN FEEDSTOCKS.

    (a) Coproduction With Petroleum Feedstock.--Paragraph (3) of 
section 40A(f) of the Internal Revenue Code of 1986 (defining renewable 
diesel) is amended by adding at the end the following flush sentence:
        ``Such term does not include any fuel derived from coprocessing 
        biomass with a feedstock which is not biomass. For purposes of 
        this paragraph, the term `biomass' has the meaning given such 
        term by section 45K(c)(3).''.
    (b) Conforming Amendment.--Section 40A(f)(3) of such Code is 
amended by striking ``(as defined in section 45K(c)(3))''.
    (c) Effective Date.--The amendments made by this section shall 
apply to fuel produced after June 30, 2007.
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