[Congressional Bills 110th Congress]
[From the U.S. Government Publishing Office]
[S. 872 Introduced in Senate (IS)]







110th CONGRESS
  1st Session
                                 S. 872

  To amend the Internal Revenue Code of 1986 to extend the excise tax 
            provisions and income tax credit for biodiesel.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             March 14, 2007

  Mrs. Lincoln (for herself and Mr. Coleman) introduced the following 
  bill; which was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
  To amend the Internal Revenue Code of 1986 to extend the excise tax 
            provisions and income tax credit for biodiesel.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF EXCISE TAX PROVISIONS AND INCOME TAX CREDIT FOR 
              BIODIESEL.

    (a) In General.--Sections 40A(g), 6426(c)(6), and 6427(e)(5)(B) of 
the Internal Revenue Code of 1986 are each amended by striking ``2008'' 
and inserting ``2017''.
    (b) Effective Date.--The amendments made by this section shall take 
effect on the date of the enactment of this Act.
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