,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #ehgc  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,decemb] #aa1 #bjad   
,mr4 ,huffman introduc$ ! foll[+ bill2  
:i* 0 ref]r$ to ! ,committee on ,ways & 
,means1 & 9 addition to ! ,committee on 
,en]gy & ,comm]ce1 = a p]iod to be      
subsequ5tly det]m9$ by ! ,speak]1 9 ea* 
case = consid]ation ( su* provisions z  
fall )9 ! jurisdiction ( ! committee    
conc]n$  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide =      
repeal+ ! gas tax & e/abli%+ a c>bon tax
 on highway fuels1 & = o!r purposes4    
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,gas ,tax ,replacem5t ,act ( #bjad4   
#b4 ,repeal ( excise tax on gasol9e &   
diesel fuel  7a7 ,manufactur]s tax      
,section #djha7;a77#b77;,a7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf is am5d$--  7#a7 
9 clause 7i7 by /rik+ #ah4c c5ts p]     
gallon & ins]t+ #j c5ts p] gallon1 &    
7#b7 9 clause 7ii7 by /rik+ #bd4c c5ts  
p] gallon & ins]t+ #j c5ts p] gallon4   
7b7 ,retail tax ,section #djda7;a7 ( !  

,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ p>agraph 7#a74  7c7 ,con=m+    
am5dm5ts  7#a7 ,section #djha ( !       
,int]nal ,rev5ue ,code ( #aihf is       
am5d$--  7,a7 9 subsection 7a77#b7 by   
/rik+ subp>agraph 7,d71  7,b7 by /rik+  
subsection 7c71 &  7,c7 9 subsection 7d7
 by /rik+ p>agraph 7#a74  7#b7 ,section 
#djda ( ! ,int]nal ,rev5ue ,code ( #aihf
 is am5d$--  7,a7 by am5d+ ! head+ (    
subsection 7a7 to read z foll[s3        
,special motor fuels1 &  7,b7 9         
subsection 7a77#b77;,b77i7 by /rik+ !   
rate ( tax specifi$ 9 section           
#djha7;a77#b77;,a77i7 :i* is 9 effect at
 ! "t ( su* sale or use1 & ins]t+ #ah4c 
c5ts p] gallon4  7d7 ,effective date ,! 
am5dm5ts made by ?is section %all apply 
to fuel sold or us$ aft] ,decemb] #ca1  
#bjae4  #c4 ,c>bon ,tax on ,highway     
,fuels  7a7 ,9 g5]al ,p>agraph 7#a7 (   
section #dfaa7;c7 ( ! ,int]nal ,rev5ue  
,code ( #aihf is am5d$ by /rik+ & at !  
end ( subp>agraph 7,a71 by /rik+ ! p]iod
 at ! end ( subp>agraph 7,b7 & ins]t+ 1 

&1 & by ins]t+ aft] subp>agraph 7,b7 !  
foll[+ new subp>agraph3  7,c7 ! c>bon   
dioxide equival5t rate4  4  7b7 ,rates  
7#a7 ,9 g5]al ,p>agraph 7#b7 ( section  
#dfaa7;c7 ( ! ,int]nal ,rev5ue ,code (  
#aihf is am5d$ by /rik+ & at ! end (    
subp>agraph 7,a71 by /rik+ ! p]iod at ! 
end ( subp>agraph 7,b7 & ins]t+ 1 &1 &  
by ins]t+ aft] subp>agraph 7,b7 ! foll[+
 new subp>agraph3  7,c7 ! c>bon dioxide 
equival5t rate is--  7i7 #ej p] metric  
ton 7or portion !re(7 ( total life-cycle
 emissions ( c>bon dioxide1 &  7ii7 an  
equival5t am\nt p] metric ton 7or       
portion !re(7 ( total life-cycle        
emissions ( any o!r gre5h\se gas det]m9$
 on a ratio ( ! am\nt su* o!r gre5h\se  
gas p] metric ton z ! am\nt ( c>bon     
dioxide p] metric ton1  9 ! crude oil or
 petroleum product 7z ! case may be7    
subject to tax "u subsection 7a7 :i* is 
to be ref9$ into gasol9e or diesel fuel4
  ,= purposes ( subp>agraph 7,c71 total 
life-cycle emissions ( c>bon dioxide &  
o!r gre5h\se gases %all be det]m9$ by ! 

,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy pursuant to section  
#d ( ! ,gas ,tax ,replacem5t ,act (     
#bjad4 4  7#b7 ,adju/m5t = inflation    
,section #dfaa7;c7 ( ! ,int]nal ,rev5ue 
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+3  7#c7 ,c>bon dioxide equival5t
 rate inflation adju/m5t  7,a7 ,9 g5]al 
,9 ! case ( any cal5d> ye> aft] #bjad1 !
 doll> am\nt 9 p>agraph 7#b77;,c7 %all  
be increas$ by an am\nt equal to--  7i7 
su* doll> am\nt1 multipli$ by  7ii7 !   
co/-(-liv+ adju/m5t det]m9$ "u section  
#a7;f77#c7 = ! cal5d> ye>1 det]m9$ by   
sub/itut+ 8cal5d> ye> #bjac0 = 8cal5d>  
ye> #aiib0 9 subp>agraph 7,b7 !re(4     
7,b7 ,r\nd+ ,if any am\nt z increas$ "u 
subp>agraph 7,a7 is n a multiple ( #a1  
su* am\nt %all be r\nd$ to ! ne>e/      
multiple ( #a4  4  7c7 ,alt]native fuels
 produc] excise tax  7#a7 ,9 g5]al      
,sub*apt] ,a ( *apt] #ch ( ! ,int]nal   
,rev5ue ,code ( #aihf is am5d$ by ins]t+
 aft] section #dfaa ! foll[+3  #dfaa;,a4
 ,c]ta9 alt]native fuels  7a7 ,g5]al    

,rule ,!re is h]eby impos$ a tax at !   
rate specifi$ 9 subsection 7b7 on--     
7#a7 me?anol1 e?anol1 & biodiesel       
produc$ 9 ! ,unit$ ,/ates by ! produc]  
!re(1 &  7#b7 me?anol1 e?anol1 &        
biodiesel1 & any bl5d$ product !re(1    
ent]$ into ! ,unit$ ,/ates =            
consumption1 use1 or w>eh\s+4  7b7 ,rate
 ( tax ,! rate ( ! tax impos$ by ?is    
section is--  7#a7 #ej p] metric ton 7or
 portion !re(7 ( total life-cycle       
emissions ( c>bon dioxide1 &  7#b7 an   
equival5t am\nt p] metric ton 7or       
portion !re(7 ( total life-cycle        
emissions ( any o!r gre5h\se gas det]m9$
 on a ratio ( ! am\nt su* o!r gre5h\se  
gas p] metric ton z ! am\nt ( c>bon     
dioxide p] metric ton1  9 me?anol1      
e?anol1 & biodiesel1 & any bl5d$ product
 !re(1 produc$ or ent]$ into 9 ! ,unit$ 
,/ates4 ,= purposes ( ! prec$+ s5t5ce1  
total life-cycle emissions ( c>bon      
dioxide & o!r gre5h\se gases %all be    
det]m9$ by ! ,adm9i/rator ( !           
,environm5tal ,protection ,ag5cy        

pursuant to section #d ( ! ,gas ,tax    
,replacem5t ,act ( #bjad4  7c7 ,p]sons  
liable = tax  7#a7 ,unit$ ,/ates        
production ,! tax impos$ by subsection  
7a77#a7 %all be paid by ! produc] ( !   
product on :i* su* tax is impos$4  7#b7 
,import$ products ,! tax impos$ by      
subsection 7a77#b7 %all be paid by !    
p]son ent]+ ! product = consumption1    
use1 or w>eh\s+4  4  7#b7 ,cl]ical      
am5dm5t ,! table ( sections = sub*apt]  
,a ( *apt] #ch ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by ins]t+ aft] ! 
item relat+ to section #dfaa ! foll[+   
new item3  ,sec4 #dfaa;,a4 ,c]ta9       
alt]native fuels4  4  7d7 ,cr$its &     
paym5ts = nontaxable uses  7#a7 ,gasol9e
 us$ on f>ms ,section #fdbj ( ! ,int]nal
 ,rev5ue ,code ( #aihf is am5d$ by      
ins]t+ aft] subsection 7g7 ! foll[+3    
7h7 ,special rule = c>bon dioxide       
equival5t rate ( tax ,= purposes ( ?is  
section1 a gallon ( gasol9e ref9$ f a   
b>rel ( crude oil or petroleum product  
on :i* tax 0 impos$ "u section #dfaa at 

! c>bon dioxide equival5t rate "u       
subsection 7c77#a77;,c7 !re( & us$ = a  
purpose describ$ 9 subsection 7a7--     
7#a7 %all be treat$ z a gallon ( gasol9e
 to :i* ?is section applies1 &  7#b7 !  
rate at :i* tax 0 impos$ "u section     
#dfaa ) respect to su* gallon %all be ! 
same fraction ( s mu* ( ! tax impos$ "u 
section #dfaa z is attributable to      
subsection 7c77#a77;,c7 !re( on su*     
b>rel z ! fraction ( su* gallon ( gas is
 ( ! :ole b>rel4  4  7#b7 ,gasol9e us$ =
 c]ta9 nonhighway purposes1 etc ,section
 #fdba ( ! ,int]nal ,rev5ue ,code (     
#aihf is am5d$ by r$esignat+ subsection 
7j7 z subsection 7k7 & by ins]t+ aft]   
subsection 7i7 ! foll[+3  7j7 ,special  
rule = c>bon dioxide equival5t rate (   
tax ,= purposes ( ?is section1 9 ! case 
( a gallon ( gasol9e ref9$ f a b>rel (  
crude oil or petroleum product on :i*   
tax 0 impos$ "u section #dfaa at ! c>bon
 dioxide equival5t rate "u subsection   
7c77#a77;,c7 !re(--  7#a7 if su* gallon 
is us$ = a purpose describ$ 9 subsection

 7a7 or 7b7 or is sold = a purpose      
describ$ 9 subsection 7c71 su* gallon   
%all be treat$ z a gallon ( gasol9e to  
:i* ?is section applies1 &  7#b7 ! rate 
at :i* tax 0 impos$ "u section #dfaa )  
respect to su* gallon %all be ! same    
fraction ( s mu* ( ! tax impos$ "u      
section #dfaa z is attributable to      
subsection 7c77#a77;,c7 !re( on su*     
b>rel z ! fraction ( su* gallon ( gas is
 ( ! :ole b>rel4  4  7#c7 ,cr$it =      
alcohol fuel1 biodiesel1 & alt]native   
fuel mixtures ,section #fdbf7;a7 ( !    
,int]nal ,rev5ue ,code ( #aihf is am5d$ 
by /rik+ & at ! end ( p>agraph 7#a71 by 
/rik+ ! p]iod at ! end ( p>agraph 7#b7 &
 ins]t+ a comma1 & by ins]t+ aft]       
p>agraph 7#b7 ! foll[+3  7#c7 aga9/ s   
mu* ( ! tax impos$ by section #dfaa z is
 attributable to ! c>bon dioxide        
equival5t rate ( tax "u subsection      
7c77#a77;,c7 an am\nt equal to ! cr$it  
describ$ 9 subsection 7c71 det]m9$ on ! 
same fraction ( ! am\nt ( su* tax z !   
numb] ( gallons ( diesel us$ by !       

taxpay] 9 produc+ any biodiesel mixture 
= sale or use 9 a trade or bus9ess ( !  
taxpay]1 &  7#d7 aga9/ ! tax impos$ by  
section #dfaa;,a an am\nt equal to ! sum
 ( ! cr$its describ$ 9 subsections 7b71 
7c71 & 7e71 det]m9$ on ! same fraction (
 ! am\nt ( su* tax z ! numb] ( gallons (
 alcohol1 biodiesel1 or alt]native fuel 
us$ by ! taxpay] 9 produc+ any fuel     
mixture ( taxable fuel4  4  7#d7 ,fuels 
n us$ = taxable purposes ,section #fdbg 
( ! ,int]nal ,rev5ue ,code ( #aihf is   
am5d$ by r$esignat+ subsection 7p7 z    
subsection 7q7 & by ins]t+ aft]         
subsection 7o7 ! foll[+3  7p7 ,special  
rule = c>bon dioxide equival5t rate ,=  
purposes ( ?is section1 9 ! case ( a    
gallon ( fuel ref9$ f a b>rel ( crude   
oil or petroleum product on :i* tax 0   
impos$ "u section #dfaa at ! c>bon      
dioxide equival5t rate ( tax "u         
subsection 7c77#a77;,c7 !re(1 or produc$
 f me?anol1 e?anol1 or biodiesel on :i* 
tax 0 impos$ "u section #dfaa;,a1 if !  
sale or use ( su* fuel w\ld give rise to

 a paym5t "u ?is section b = ! fact t   
su* fuel 0 tax$ "u section #dfaa or     
#dfaa;,a & n section #djda or #djha--   
7#a7 ?is section %all be appli$ z if su*
 fuel _h be5 tax$ "u section #djda or   
#djha1 &  7#b7 ! rate at :i* tax 0      
impos$ "u section #dfaa or #dfaa;,a )   
respect to su* fuel %all be--  7,a7 9 ! 
case ( tax impos$ "u section            
#dfaa7;c77#a77;,c71 ! same fraction (   
su* tax on su* b>rel z ! fraction ( a   
gallon ( su* fuel is ( ! :ole b>rel1 &  
7,b7 9 ! case ( tax impos$ "u section   
#dfaa;,a1 ! same fraction ( ! am\nt (   
su* tax z ! am\nt ( fuel giv+ rise to a 
paym5t "u ?is section4  4  7e7          
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ,janu>y #a1 
#bjaf4  #d4 ,life-cycle emissions  7a7  
,c>bon dioxide emissions report ,n lat] 
?an ! fir/  occurr+ at lea/ #a ye> aft] 
! date ( enactm5t ( ?is ,act1 !         
,adm9i/rator %all transmit to ! ,int]nal
 ,rev5ue ,s]vice & make public a report 
on ! total life-cycle emissions ( c>bon 

dioxide = ea* cov]$ transportation fuel1
 express$ 9 tons ( c>bon dioxide        
emissions p] b>rel ( fuel or an         
appropriate alt]nate measure4 ,su*      
report %all take into acc\nt ! diff]5ces
 9 c>bon dioxide emissions p] b>rel (   
fuel across diff]5t regions & c\ntries  
due to means ( res\rce extraction &     
production1 transportation1 & o!r       
factors1 ) ea* cov]$ transportation fuel
 be+ z regionally specific z det]m9$ by 
! ,adm9i/rator4  7b7 ,addition ( cov]$  
transportation fuel ,! ,adm9i/rator     
%all--  7#a7 f "t to "t det]m9e :i*     
transportation fuels h a*iev$ a         
suffici5t %>e ( ! on-road transportation
 fuel m>ket to w>rant be+ consid]$ a    
cov]$ transportation fuel1 &  7#b7      
update ! report transmitt$ "u subsection
 7a71 & transmit su* updat$ report to   
,congress1 ) ! specifications on ! total
 life-cycle emissions ( c>bon dioxide & 
o!r gre5h\se gases = ea* fuel newly     
det]m9$ "u p>agraph 7#a7 to be consid]$ 
a cov]$ transportation fuel4  7c7       

,def9itions ,9 ?is section3  7#a7       
,adm9i/rator ,! t]m ,adm9i/rator means !
 ,adm9i/rator ( ! ,environm5tal         
,protection ,ag5cy4  7#b7 ,bi(uel ,! t]m
 bi(uel means ! bi(uel compon5t ( a     
transportation fuel4  7#c7 ,cov]$       
transportation fuel ,! t]m cov]$        
transportation fuel means gasol9e1      
diesel fuel1 bi(uel1 & any o!r fuel !   
,adm9i/rator det]m9es has a*iev$ a      
suffici5t %>e ( ! on-road transportation
 fuel m>ket to w>rant regulation "u ?is 
section4  7#d7 ,gre5h\se gas ,! t]m     
gre5h\se gas has ! same mean+ giv5 ! t]m
 9 section #baa7o77#a7 ( ! ,clean ,air  
,act 7#db ,u4,s4,c4 #gede7o77#a774  7#e7
 ,life-cycle emissions ,! t]m life-cycle
 emissions means emissions f all        
activities includ$ 9 ! production1      
transport1 /orage1 & use ( a fuel1      
includ+ l& use *anges1 means ( res\rce  
extraction & production1 transportation 
sy/ems1 & leakages4