,i #aadth ,,congress #ast ,session ,h4 ,r4 #ccba ,,in ,,the ,,house ,,of ,,representatives ,july #bi1 #bjae ,mr4 ,boustany introduced the following bill2 which was referred to the ,committee on ,ways and ,means ,a ,,bill ,to amend the ,internal ,revenue ,code of #aihf to allow the volumetric excise tax credit for liquid fuel derived from natural gas through the ,fischer-,tropsch process4 #a4 ,volumetric excise tax credit for liquid fuel derived from natural gas through ,fischer-,tropsch process 7a7 ,in general ,section #fdbf7;d77#b77;,e7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by inserting or at the end1 7#b7 by striking liquid fuel which meets and inserting the following3 liquid fuel which-- 7i7 meets 1 and 7#c7 by adding at the end1 as amended by the preceding provisions of this section1 the following new clause3 7ii7 is derived from natural gas through such process1 4 7b7 ,effective date ,the amendments made by this section shall apply to any sale or use for any period after the date of the enactment of this ,act4