[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5994 Introduced in House (IH)]

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114th CONGRESS
  2d Session
                                H. R. 5994

  To amend the Internal Revenue Code of 1986 to extend biodiesel and 
                      renewable diesel incentives.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           September 12, 2016

  Mrs. Black 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 extend biodiesel and 
                      renewable diesel incentives.

    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 ``Biodiesel and Renewable Diesel 
Incentive Extension Act of 2016''.

SEC. 2. EXTENSION OF BIODIESEL AND RENEWABLE DIESEL INCENTIVES.

    (a) Income Tax Credit.--Subsection (g) of section 40A of the 
Internal Revenue Code of 1986 is amended by striking ``December 31, 
2016'' and inserting ``December 31, 2018''.
    (b) Excise Tax Incentives.--
            (1) In general.--Section 6426(c)(6) of such Code is amended 
        by striking ``December 31, 2016'' and inserting ``December 31, 
        2018''.
            (2) Payments.--Section 6427(e)(6)(B) of such Code is 
        amended by striking ``December 31, 2016'' and inserting 
        ``December 31, 2018''.
    (c) Effective Date.--The amendments made by this section shall 
apply to fuel sold or used after December 31, 2016.
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