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Code · BILL · 118th Congress · H.R. 2902 (Introduced in House) — To amend the Internal Revenue Code of 1986 to repeal the alcohol fuels credit, the biodiesels fuel credit, the sustai... · Sec. 5

Sec. 5. Repeal of sustainable aviation fuel credit

86 words·~1 min read·/bill/118/hr/2902/ih/section-5·

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Section 40B is repealed. Section 38(b) is further amended by striking paragraph (35). Section 4101(a)(1) is further amended by striking , every person producing or importing sustainable aviation fuel (as defined in section 40B) . The table of sections for subpart D of part IV of subchapter A of chapter 1 of subtitle A is amended by striking the item relating to section 40. The amendments made by this section shall apply to fuel sold or used after the date of the enactment of this section.
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