110 HR 6131 IH: To provide incentives for the production and use of U.S. House of Representatives 2008-05-22 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I 110th CONGRESS 2d Session H. R. 6131 IN THE HOUSE OF REPRESENTATIVES May 22, 2008 Mr. Sullivan (for himself, Mr. Barton of Texas, Mr. Hall of Texas, Mr. Upton, Mr. Deal of Georgia, Mr. Whitfield of Kentucky, Mr. Shimkus, Mr. Shadegg, Mr. Pickering, Mr. Blunt, Mr. Buyer, Mr. Radanovich, Mrs. Bono Mack, Mr. Walden of Oregon, Mr. Terry, Mr. Rogers of Michigan, Mrs. Myrick, Mr. Burgess, Mrs. Blackburn, Mr. Gallegly, Mr. Pearce, Mr. McCaul of Texas, Mr. Kuhl of New York, and Mr. Issa) introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Armed Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned A BILL To provide incentives for the production and use of unconventional aviation fuels.

1.

Excise tax credit for unconventional aviation fuel mixtures

(a)

In general

Section 6426 of the Internal Revenue Code of 1986 is amended by redesignating subsections (f), (g), and (h) as subsections (g), (h), and (i), respectively, and by inserting after subsection (e) the following new subsection: (f)

Unconventional aviation fuel mixture credit

(1)

In general

For purposes of this section, the unconventional aviation fuel mixture credit is the product of 50 cents and the number of gallons of unconventional aviation fuel used by the taxpayer in producing any unconventional aviation fuel mixture for sale or use in a trade or business of the taxpayer. (2)

Unconventional aviation fuel mixture

For purposes of this subsection, the term unconventional aviation fuel mixture means an aviation-grade fuel consisting of a mixture of unconventional fuel and aviation-grade kerosene which— (A)is sold by the taxpayer producing such mixture to any person for use as an aviation fuel, or (B)is used as an aviation fuel by the taxpayer producing such mixture. (3)

Unconventional fuel

For purposes of this subsection, the term unconventional fuel means any liquid fuel derived from coal and any oil produced from shale. (4)

Denial of double benefit

No credit shall be determined under subsection (b), (c), or (e) with respect to any unconventional aviation fuel mixture. (5)

Termination

This subsection shall not apply to any sale or use for any period after December 31, 2016. . (b)

Conforming amendment

Paragraph (1) of section 6426(a) of such Code is amended by striking and (e) and inserting (e), and (f). (c)

Effective date

The amendments made by this subsection shall apply to any sale or use after the date of the enactment of this Act.

2.

Long-term procurement of coal-to-liquid fuel by Department of Defense

Section 2922d of title 10, United States Code, is amended— (1)in subsection (b), by inserting after covered fuel the following: or any liquid fuel derived from coal; and (2)in subsection (d)— (A)by inserting after covered fuel the following: or any liquid fuel derived from coal; and (B)by striking 1 or more years and inserting up to 25 years.