[Congressional Bills 118th Congress]
[From the U.S. Government Publishing Office]
[S. 2242 Introduced in Senate (IS)]

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118th CONGRESS
  1st Session
                                S. 2242

    To amend the Clean Air Act to require the Administrator of the 
 Environmental Protection Agency to make available for sale renewable 
                 fuel credits, and for other purposes.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             July 11, 2023

 Mr. Casey (for himself and Mr. Coons) introduced the following bill; 
 which was read twice and referred to the Committee on Environment and 
                              Public Works

_______________________________________________________________________

                                 A BILL


 
    To amend the Clean Air Act to require the Administrator of the 
 Environmental Protection Agency to make available for sale renewable 
                 fuel credits, and for other purposes.

    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 ``Safeguarding Domestic Energy 
Production and Independence Act of 2023''.

SEC. 2. RENEWABLE FUEL COST CONTAINMENT CREDITS.

    Section 211(o)(7) of the Clean Air Act (42 U.S.C. 7545(o)(7)) is 
amended by adding at the end the following:
                    ``(G) Conventional biofuel.--
                            ``(i) Conventional biofuel waiver 
                        credits.--
                                    ``(I) In general.--The 
                                Administrator shall make available for 
                                sale renewable fuel credits to any 
                                person with a renewable volume 
                                obligation under paragraph (2) at a 
                                price of not more than $0.20 per 
                                credit.
                                    ``(II) Adjustments for inflation.--
                                As determined appropriate by the 
                                Administrator, the price referred to in 
                                subclause (I) shall be adjusted for 
                                inflation.
                            ``(ii) Use of credits.--A renewable fuel 
                        credit sold under this paragraph--
                                    ``(I) shall only be used for the 
                                purpose of complying with the 
                                requirement under paragraph (2) for the 
                                year for which the credit was sold; and
                                    ``(II) may not--
                                            ``(aa) be resold or 
                                        transferred to another person; 
                                        or
                                            ``(bb) be used to fulfill 
                                        the cellulosic biofuel, 
                                        biomass-based diesel, or 
                                        advanced biofuel requirements 
                                        under paragraph (2).
                            ``(iii) Use of revenues.--Revenues from the 
                        sale of renewable fuel credits under this 
                        subparagraph shall be allocated in accordance 
                        with the following:
                                    ``(I) \1/3\ shall be made available 
                                to the Administrator to provide grants 
                                and technical assistance to any person 
                                with a renewable volume obligation 
                                under paragraph (2) and partners of 
                                those persons for purposes of 
                                supporting investments in advanced 
                                biofuels.
                                    ``(II) \1/3\ shall be made 
                                available to the Secretary of 
                                Agriculture to provide financial and 
                                technical assistance to agricultural 
                                producers for voluntary investments in 
                                alternative crops and diversified 
                                cropping systems.
                                    ``(III) \1/3\ shall be deposited 
                                into the Habitat and Wildlife 
                                Restoration Fund established by clause 
                                (iv)(I).
                            ``(iv) Habitat and wildlife restoration 
                        fund.--
                                    ``(I) Establishment.--There is 
                                established in the Treasury a fund, to 
                                be known as the `Habitat and Wildlife 
                                Restoration Fund' (referred to in this 
                                subparagraph as the `Fund').
                                    ``(II) Amounts.--The Fund shall 
                                consist of--
                                            ``(aa) amounts deposited in 
                                        the Fund under clause 
                                        (iii)(III); and
                                            ``(bb) any amounts 
                                        appropriated to the Fund.
                                    ``(III) Uses.--
                                            ``(aa) In general.--Amounts 
                                        in the Fund shall be available, 
                                        without further appropriation, 
                                        to the Secretary of the 
                                        Interior, acting in 
                                        consultation with the Secretary 
                                        of Agriculture, for existing 
                                        programs, the purposes of which 
                                        are to protect, conserve, or 
                                        restore the types of habitat 
                                        and wildlife that are most 
                                        impacted by the conversion of 
                                        native habitat to crop 
                                        production, including 
                                        grasslands, wetlands, forests, 
                                        and adjacent waterways in areas 
                                        that have experienced 
                                        significant expansion of corn 
                                        and soy production since 
                                        January 1, 2007.
                                            ``(bb) Agreement.--The 
                                        Secretary of the Interior and 
                                        the Secretary of Agriculture 
                                        shall jointly enter into an 
                                        agreement with the National 
                                        Fish and Wildlife Foundation to 
                                        cooperatively manage amounts in 
                                        the Fund in accordance with the 
                                        National Fish and Wildlife 
                                        Foundation Establishment Act 
                                        (16 U.S.C. 3701 et seq.).''.
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