[Congressional Record Volume 171, Number 112 (Saturday, June 28, 2025)]
[Senate]
[Page S4003]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2529. Mr. GRASSLEY submitted an amendment intended to be proposed
to amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill
H.R. 1, to provide for reconciliation pursuant to title II of H. Con.
Res. 14; which was ordered to lie on the table; as follows:
On page 582, strike line 20 and all that follows through
page 583, line 14, and insert the following:
(e) Preventing Double Credit.--Section 45Z(d)(5) is
amended--
(1) in subparagraph (A)--
(A) in clause (ii), by striking ``and'' at the end,
(B) in clause (iii), by striking the period at the end and
inserting ``, and'', and
(C) by adding at the end the following new clause:
``(iv) subject to subparagraph (C), is not produced from a
fuel for which a credit under this section is allowable.'',
and
(2) by adding at the end the following new subparagraphs:
``(C) Special rule.--In the case of any alcohol fuel
produced by a taxpayer, if such taxpayer--
``(i) sells such fuel to an unrelated person for use by
such person in the production of sustainable aviation fuel,
``(ii) makes an election (in such form and manner as the
Secretary shall designate) under this subparagraph that such
taxpayer will not claim a credit under this section with
respect to the fuel described in clause (i), and
``(iii) provides written notice of such election to the
producer of the sustainable aviation fuel,
subparagraph (A)(iv) shall not apply with respect to such
sustainable aviation fuel.
``(D) Regulations and guidance.--The Secretary shall issue
such regulations or other guidance as the Secretary
determines necessary to carry out the purposes of
subparagraphs (A)(iv) and (C).''.
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