Sec. 410. EXTENSION AND MODIFICATION OF SPECIAL ALLOWANCE FOR CELLULOSIC BIOFUEL PLANT PROPERTY
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## SEC. 410 EXTENSION AND MODIFICATION OF SPECIAL ALLOWANCE FOR CELLULOSIC BIOFUEL PLANT PROPERTY ###
(a)Extension ####
(1)In general Subparagraph
(D)of section 168(l)(2) is amended by striking “January 1, 2013” and inserting “January 1, 2014”. ####
(2)Effective date **[**[26 U.S.C. 168 note](/us/usc/t26/s168)**]** The amendment made by this subsection shall apply to property placed in service after December 31, 2012. ###
(b)Algae Treated as a Qualified Feedstock for Purposes of Bonus Depreciation for Biofuel Plant Property ####
(1)In general Subparagraph
(A)of section 168(l)(2) is amended by striking “solely to produce cellulosic biofuel” and inserting “solely to produce second generation biofuel (as defined in section 40(b)(6)(E))”. ####
(2)Conforming amendments **[**[26 U.S.C. 168](/us/usc/t26/s168)**]** Subsection
(l)of section 168, as amended by subsection (a), is amended— #####
(A)by striking “cellulosic biofuel” each place it appears in the text thereof and inserting “second generation biofuel”, #####
(B)by striking paragraph
(3)and redesignating paragraphs
(4)through
(8)as paragraphs
(3)through (7), respectively, #####
(C)by striking “Cellulosic” in the heading of such subsection and inserting “Second Generation”, and #####
(D)by striking “cellulosic” in the heading of paragraph
(2)and inserting “second generation”. ####
(3)Effective date **[**[26 U.S.C. 168 note](/us/usc/t26/s168)**]** The amendments made by this subsection shall apply to property placed in service after the date of the enactment of this Act.
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Sec. 410
EXTENSION AND MODIFICATION OF SPECIAL ALLOWANCE FOR CELLULOSIC BIOFUEL PLANT PROPERTY
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