Sec. 8. Repeal of incentives for biodiesel, renewable diesel, and alternative fuels

364 words·~2 min read·/bill/119/s/1721/is/section-8

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Subpart D of part IV of subchapter A of chapter 1 is amended by striking section 40A (and by striking the item relating to such section in the table of sections for such subpart). Section 38(b) is amended by striking paragraph (17). Section 87 is amended— in paragraph (1), by adding and at the end, by striking paragraph (2), and by redesignating paragraph

(3)as paragraph (2). Section 196(c) is amended by striking paragraph (11). Section 4101(a)(1) is amended by inserting (as in effect on the day before the enactment of the after Energy Freedom Act ) section 40A(d)(1) . Section 4104(a)(1) is amended by striking 34, 40, and 40A, and inserting 34 and 40 . Section 7704(d)(1)(E) is amended by inserting (as in effect on the day before the enactment of the after Energy Freedom Act ) section 40A(d)(1) . Subchapter B of chapter 65 is amended by striking section 6426 (and by striking the item relating to such section in the table of sections for such subpart). Section 40(c) is amended by striking , section 6426, . Section 4101(a)(1) is amended by inserting (as in effect on the day before the enactment of the after Energy Freedom Act ) section 6426(b)(4)(A) . Section 4104(a)(2) is amended by striking , 6426, . Section 7704(d)(1)(E) is amended by striking any fuel described in subsection (b), (c), (d), or

(e)of section 6426, or any alcohol fuel defined in section 6426(b)(4)(A) and inserting any fuel described in subsection (b), (c), (d), or

(e)of section 6426 (as in effect on the day before the enactment of the . Energy Freedom Act ), or any alcohol fuel defined in section 6426(b)(4)(A) (as in effect on the day before the enactment of the Energy Freedom Act ) Section 9503(b)(1) is amended by striking taxes received under sections 4041 and 4081 shall be determined without reduction for credits under section 6426 and . Section 6427 is amended— by striking subsection (e), and in subsection (i), by striking paragraph (3). Section 40(c), as amended by subsection (b), is amended by striking or section 6427(e) . Section 4104(a)(2), as amended by subsection (b), is amended by striking or 6427(e) .