,,ii  #aae? ,,congress  #a/ ,session    
,s4 #bcj  ,,9 ,,! ,,s5ate ,,( ,,!       
,,unit$ ,,/ates  ,janu>y #bd1 #bjag,mr4 
,cassidy introduc$ ! foll[+ bill2 :i* 0 
read twice & ref]r$ to ! ,committee on  
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to all[ a cr$it   
aga9/ income tax = facilities us+ a     
qualifi$ me?ane conv]sion te*nology to  
provide transportation fuels & *emicals4
  #a4 ,%ort title ,?is ,act may be cit$ 
z ! ,capitaliz+ on ,am]ican ,me?ane ,act
 ( #bjag4  #b4 ,inc5tives = innovative  
fuel production ?r\gh qualifi$ me?ane   
conv]sion te*nology  7a7 ,inclusion (   
qualifi$ me?ane conv]sion te*nology 9   
gasification project cr$it  7#a7 ,9     
g5]al ,p>agraph 7#b7 ( section #dh;,b7c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ to read z foll[s3  7#b7           
,gasification te*nology ,! t]m          
gasification te*nology means-- 7,a7 any 
process :i* conv]ts a solid or liquid   
product f coal1 petroleum residue1      
biomass1 or o!r mat]ials :i* are recov]$

 = _! en]gy or fe$/ock value into a     
syn!sis gas compos$ prim>ily ( c>bon    
monoxide & hydrog5 = direct use or      
subsequ5t *emical or physical conv]sion1
 &  7,b7 any qualifi$ me?ane conv]sion  
te*nology4  4  7#b7 ,qualifi$ me?ane    
conv]sion te*nology ,subsection 7c7 (   
section #dh;,b ( su* ,code is am5d$ by  
add+ at ! end ! foll[+ new p>agraph3    
7#i7 ,qualifi$ me?ane conv]sion         
te*nology  7,a7 ,9 g5]al ,! t]m qualifi$
 me?ane conv]sion te*nology means a     
process consi/+ ( ! molecul> conv]sion (
 a fuel consi/+ pr9cipally ( me?ane into
 hydroc>bons1 & ! subsequ5t use ( su*   
hydroc>bons1 if su* hydroc>bons are     
pr9cipally int5d$ to be us$--  7i7 to   
replace or r$uce ! quantity ( petroleum 
pres5t 9 a fuel us$ 9 motor vehicles1   
motor vehicle eng9es1 nonroad vehicles1 
nonroad eng9es1 or aircraft if--  7,i7 !
 lifecycle gre5h\se gas emissions       
associat$ ) ! production & combu/ion is1
 on an ongo+ basis1 n m ?an su*         
emissions f ! equival5t conv5tional fuel

 produc$ f conv5tional petroleum s\rces1
  7,,ii7 ! sulfur conc5tration is n m   
?an #b p>ts p] million1 &  7,,iii7 su*  
production is at a facility :i*1 dur+ ! 
taxable ye>1 has an annual total        
production capacity ( n m ?an           
#aej1jjj1jjj gallons ( liquid           
transportation fuel1 or  7ii7 = !       
production ( *emicals 7)9 ! mean+ (     
p>agraph 7#g77;,a774  7,b7 ,prim>y      
purpose ( facility ,if a facility uses  
qualifi$ me?ane conv]sion te*nology to  
produce bo? fuels & *emicals1 !         
requirem5ts describ$ 9 subp>agraph      
7,a77i7 %all apply only if ! prim>y use 
( ! facility is to produce fuels4  7,c7 
,exclusion ,! t]m qualifi$ me?ane       
conv]sion te*nology does n include      
te*nology t is "p ( a facility !        
con/ruction ( :i* beg9s aft] ,septemb]  
#cj1 #bjbg4  4  7#c7 ,increase 9 cr$it  
available = me?ane conv]sion projects   
7,a7 ,9 g5]al ,p>agraph 7#a7 ( section  
#dh;,b7d7 ( su* ,code is am5d$ by /rik+ 
plus at ! end ( subp>agraph 7,a71 by    

/rik+ ! p]iod at ! end ( subp>agraph    
7,b7 & ins]t+ 1 plus1 & by add+ at ! end
 ! foll[+ new subp>agraph3  7,c7        
#ejj1jjj1jjj = qualify+ gasification    
projects t rely prim>ily on qualifi$    
me?ane conv]sion te*nology4  ,no        
qualify+ gasification project %all      
receive m ?an #ajj1jjj1jjj "u ! program4
 4  7,b7 ,p]iod ( issuance ,p>agraph    
7#b7 ( section #dh;,b7d7 ( su* ,code is 
am5d$ to read z foll[s3  7#b7 ,p]iod (  
issuance  7,a7 ,9 g5]al ,a c]tificate ( 
eligibility "u subp>agraphs 7,a7 & 7,b7 
( p>agraph 7#a7 may be issu$ only be=e  
,octob] #a1 #bjbg4  7,b7 ,qualifi$      
me?ane conv]sion te*nology ,a c]tificate
 ( eligibility "u subp>agraph 7,c7 (    
p>agraph 7#a7 may be issu$ only dur+ !  
#aj-;fiscal-ye> p]iod beg9n+ on ! fir/  
,octob] #a :i* is on or aft] ! date ( ! 
enactm5t ( ?is p>agraph4  4  7,c7       
,selection priorities ,p>agraph 7#d7 (  
section #dh;,b7d7 ( su* ,code is am5d$  
to read z foll[s3  7#d7 ,selection      
priorities  7,a7 ,9 g5]al ,9 det]m9+ :i*

 qualify+ gasification projects1 o!r ?an
 projects us+ qualifi$ me?ane conv]sion 
te*nology1 to c]tify "u ?is section1 !  
,secret>y %all--  7i7 give highe/       
priority to projects ) ! greate/        
sep>ation & seque/ration p]c5tage (     
total c>bon dioxide emissions1 &  7ii7  
give high priority to applicant         
p>ticipants :o h a rese>* p>tn]%ip ) an 
eligible educational in/itution 7z def9$
 9 section #ebi7;e77#e774  7,b7         
,*emicals projects us+ qualifi$ me?ane  
conv]sion te*nology ,9 det]m9+ :i*      
qualify+ gasification projects t produce
 *emicals us+ qualifi$ me?ane conv]sion 
te*nology to c]tify "u ?is section1 !   
,secret>y %all give priority to projects
 involv+ a production process t has     
significant environm5tal b5efits ov] !  
production ( ! same *emical f petroleum 
products4  4  7b7 ,inclusion ( qualifi$ 
me?ane conv]sion te*nology 9 alt]native 
fuel cr$it ,p>agraph 7#b7 ( section     
#fdbf7;d7 ( ! ,int]nal ,rev5ue ,code (  
#aihf is am5d$ by /rik+ & at ! end (    

subp>agraph 7,f71 by /rik+ ! p]iod at ! 
end ( subp>agraph 7,g7 & ins]t+ 1 &1 &  
by add+ at ! end ! foll[+ new           
subp>agraph3  7,h7 liquid fuel produc$  
?r\gh qualifi$ me?ane conv]sion         
te*nology 7z def9$ 9 section            
#dh;,b7c77#i77;,a77 at a facility !     
con/ruction ( :i* beg9s be=e ,octob] #a1
 #bjbg4  4  7c7 ,effective date ,!      
am5dm5ts made by ?is section %all take  
effect on ! date ( ! enactm5t ( ?is     
,act4