[Congressional Record Volume 162, Number 56 (Wednesday, April 13, 2016)]
[Senate]
[Page S2032]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 3688. Mr. FRANKEN (for himself and Mr. Grassley) submitted an 
amendment intended to be proposed to amendment SA 3679 proposed by Mr. 
McConnell (for Mr. Thune (for himself and Mr. Nelson)) to the bill H.R. 
636, to amend the Internal Revenue Code of 1986 to permanently extend 
increased expensing limitations, and for other purposes; which was 
ordered to lie on the table; as follows:

       At the appropriate place, insert the following:

     SEC. ___. EXTENSION OF ADVANCED BIOFUEL TAX INCENTIVES.

       (a) Extension of Second Generation Biofuel Producer 
     Credit.--
       (1) In general.--Section 40(b)(6)(J)(i) of the Internal 
     Revenue Code of 1986 is amended by striking ``January 1, 
     2017'' and inserting ``January 1, 2020''.
       (2) Effective date.--The amendment made by this subsection 
     shall apply to qualified second generation biofuel production 
     after the date of the enactment of this Act.
       (b) Extension of Special Allowance for Second Generation 
     Biofuel Plant Property.--
       (1) In general.--Section 168(l)(2)(D) of the Internal 
     Revenue Code of 1986 is amended by striking ``January 1, 
     2017'' and inserting ``January 1, 2020''.
       (2) Effective date.--The amendment made by this subsection 
     shall apply to property placed in service after the date of 
     the enactment of this Act.
       (c) Extension of Excise Tax Incentives for Alternative 
     Fuels.--
       (1) In general.--Section 6426 of the Internal Revenue Code 
     of 1986 is amended--
       (A) in subsection (d)(5), by striking ``December 31, 2016'' 
     and inserting ``December 31, 2019'', and
       (B) in subsection (e)(3), by striking ``December 31, 2016'' 
     and inserting ``December 31, 2019''.
       (2) Payments.--Section 6427(e)(6)(C) of such Code is 
     amended by striking ``December 31, 2016'' and inserting 
     ``December 31, 2019''.
       (3) Effective date.--The amendments made by this paragraph 
     shall apply to fuel sold or used after the date of the 
     enactment of this Act.
       (d) Extension of Credit for Alternative Fuel Vehicle 
     Refueling Property.--
       (1) In general.--Section 30C(g) of the Internal Revenue 
     Code of 1986 is amended by striking ``December 31, 2016'' and 
     inserting ``December 31, 2019''.
       (2) Effective date.--The amendment made by this subsection 
     shall apply to property placed in service after the date of 
     the enactment of this Act.
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