,i #aaeth ,,congress #ast ,session ,h4 ,r4 #cbfd ,,in ,,the ,,house ,,of ,,representatives ,july #ag1 #bjag,mrs4 ,black 7for herself1 ,mr4 ,kind1 ,mr4 ,valadao1 and ,mr4 ,costa7 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 extend and modify certain tax incentives for biodiesel1 renewable diesel1 and alternative fuels4 #a4 ,short title ,this ,act may be cited as the ,biodiesel1 ,renewable ,diesel1 and ,alternative ,fuels ,extension ,act of #bjag4 #b4 ,extension of biodiesel and renewable diesel incentives 7a7 ,income tax credit 7#a7 ,extension ,subsection 7g7 of section #dj;,a of the ,internal ,revenue ,code of #aihf is amended by striking ,december #ca1 #bjaf and inserting ,december #ca1 #bjba4 7#b7 ,phasedown ,subsection 7b7 of section #dj;,a of such ,code is amended by adding at the end the following3 7#e7 ,phasedown ,in the case of taxable years beginning after #bjah1 paragraphs 7#a77;,a7 and 7#b77;,a7 shall each be applied by substituting for #a4jj the following3 7,a7 #j4ge for taxable years beginning in #bjai1 and 7,b7 #j4ej for taxable years beginning after #bjai4 4 7b7 ,excise tax incentives 7#a7 ,credit ,paragraph 7#f7 of section #fdbf7;c7 of such ,code is amended by striking ,december #ca1 #bjaf and inserting ,december #ca1 #bjba4 7#b7 ,payments ,subparagraph 7,b7 of section #fdbg7;e77#f7 of such ,code is amended by striking ,december #ca1 #bjaf and inserting ,december #ca1 #bjba4 7#c7 ,phasedown ,paragraph 7#b7 of section #fdbf7;c7 of such ,code is amended by inserting before the period at the end the following3 7#j4ge for fuel sold or used in #bjai and #j4ej for fuel sold or used after #bjai74 7c7 ,effective date ,the amendments made by this section shall apply to fuel sold or used after ,december #ca1 #bjaf4 #c4 ,extension of excise tax credits relating to alternative fuels 7a7 ,extension of alternative fuels excise tax credits 7#a7 ,in general ,paragraph 7#e7 of section #fdbf7;d7 and paragraph 7#c7 of section #fdbf7;e7 of the ,internal ,revenue ,code of #aihf are each amended by striking ,december #ca1 #bjaf and inserting ,december #ca1 #bjba4 7#b7 ,outlay payments for alternative fuels ,subparagraph 7,c7 of section #fdbg7;e77#f7 of such ,code is amended by striking ,december #ca1 #bjaf and inserting ,december #ca1 #bjba4 7#c7 ,phasedown 7,a7 ,alternative fuel credit ,paragraph 7#a7 of section #fdbf7;d7 of such ,code is amended by inserting 7#cg4e cents for fuel sold or used in #bjai and #be cents for fuel sold or used after #bjai7 after #ej cents4 7,b7 ,alternative fuel mixture credit ,paragraph 7#a7 of section #fdbf7;e7 of such ,code is amended by inserting 7#cg4e cents for fuel sold or used in #bjai and #be cents for fuel sold or used after #bjai7 after #ej cents4 7b7 ,effective date ,the amendments made by this section shall apply to fuel sold or used after ,december #ca1 #bjaf4