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Code · BILL · 119th Congress · H.R. 6900 (Introduced in House) — To amend the Internal Revenue Code of 1986 to address the nation’s cost-of-living crisis. · Sec. 21007

Sec. 21007. Reinstatement of special rate for sustainable aviation fuel

186 words·~1 min read·/bill/119/hr/6900/ih/section-21007·

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Section 45Z(a)(3) is amended to read as follows: In the case of a transportation fuel which is sustainable aviation fuel, paragraph
(2)shall be applied— in the case of fuel produced at a qualified facility described in paragraph (2)(A), by substituting 35 cents for 20 cents , and in the case of fuel produced at a qualified facility described in paragraph (2)(B), by substituting $1.75 for $1.00 . For purposes of subparagraph (A), the term sustainable aviation fuel means liquid fuel, the portion of which is not kerosene, which is sold for use in an aircraft and which— meets the requirements of— ASTM International Standard D7566, or the Fischer Tropsch provisions of ASTM International Standard D1655, Annex A1, and is not derived from palm fatty acid distillates or petroleum. . Section 45Z(c)(1) is amended by striking and the $1.00 amount in subsection (a)(2)(B) and inserting the $1.00 amount in subsection (a)(2)(B), the 35 cent amount in subsection (a)(3)(A)(i), and the $1.75 amount in subsection (a)(3)(A)(ii) . The amendments made by this section shall take effect as if included in section 70521 of Public Law 119–21 .
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Sec. 21007
Reinstatement of special rate for sustainable aviation fuel
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