I 111th CONGRESS 2d Session H. R. 6541 IN THE HOUSE OF REPRESENTATIVES December 17, 2010 Mr. Flake introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committee on Energy and Commerce, 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 repeal certain incentives and subsidies for renewable fuels.

1.

Short title

This Act may be cited as the Remove Incentives for Producing Ethanol Act of 2010 or the RIPE Act of 2010.

2.

Repeal of renewable fuel standard

Section 211(o) of the Clean Air Act (42 U.S.C. 7545(o)) is repealed.

3.

Immediate termination of excise tax credit for alcohol fuel mixtures

Sections 6426(b)(6) and 6427(e)(6)(A) of the Internal Revenue Code of 1986 are each amended by striking December 31, 2010 and inserting the date of the enactment of the RIPE Act of 2010.

4.

Immediate termination of income tax credit for alcohol used as fuel

Paragraph (1) of section 40(e) of the Internal Revenue Code of 1986 is amended by striking any sale or use— and all that follows and inserting any sale or use for any period after the date of the enactment of the RIPE Act of 2010..

5.

Removal of tariffs on ethanol

(a)

Duty-Free treatment

Chapter 98 of the Harmonized Tariff Schedule of the United States is amended by adding at the end the following new subchapter: Subchapter XXIIIAlternative Fuels Heading/SubheadingArticle Description Rates of Duty 1 2 GeneralSpecial 9823.01.01Ethyl alcohol (provided for in subheadings 2207.10.60 and 2207.20) or any mixture containing such ethyl alcohol (provided for in heading 2710 or 2824) if such ethyl alcohol or mixture is to be used as a fuel or in producing a mixture of gasoline and alcohol, a mixture of a special fuel and alcohol, or any other mixture to be used as fuel (including motor fuel provided for in subheading 2710.11.15, 2710.19.15 or 2710.19.21), or is suitable for any such usesFreeFree20% . (b)

Conforming amendments

Subchapter I of chapter 99 of the Harmonized Tariff Schedule of the United States is amended— (1)by striking heading 9901.00.50; and (2)by striking U.S. notes 2 and 3. (c)

Effective date

The amendments made by this section apply to goods entered, or withdrawn from warehouse for consumption, on or after the 15th day after the date of the enactment of this Act.