,,ii  #aag? ,,congress  #a/ ,session    
,s4 #bbfg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,june #bd1 #bjba,ms4   
,klobu*> 7= h]self & ,ms4 ,ern/7        
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to provide a tax  
cr$it = ! production ( flexible fuel    
vehicles1 & to am5d title #di1 ,unit$   
,/ates ,code1 to re/ore c]ta9 flexible  
fuel vehicle cr$its4  #a4 ,%ort title   
,?is ,act may be cit$ z ! ,clean ,fuels 
,vehicle ,act ( #bjba4  #b4 ,flexible   
fuel vehicle production tax cr$it  7a7  
,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt]
 ,a ( *apt] #a ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new section3  #de,u4 ,flexible 
fuel vehicle production cr$it  7a7 ,9   
g5]al ,= purposes ( section #ch1 9 !    
case ( a manufactur]1 ! flexible fuel   
vehicle production cr$it = any taxable  
ye> %all be an am\nt equal to ! product 
(-- 7#a7 #bjj1 &  7#b7 ! numb] (        

qualifi$ flexible fuel vehicles-- 7,a7  
produc$ by ! taxpay]1 &  7,b7 sold by ! 
taxpay] to an unrelat$ p]son 9 ! ,unit$ 
,/ates dur+ ! taxable ye>4  7b7         
,limitation ,! numb] ( qualifi$ flexible
 fuel vehicles tak5 into acc\nt = any   
taxable ye> %all n exce$ #be p]c5t ( !  
sum (-- 7#a7 ! total numb] ( light duty 
vehicles produc$ = model ye>s end+ 9 su*
 taxable ye>1 plus  7#b7 ! total numb] (
 light duty trucks produc$ = model ye>s 
end+ 9 su* taxable ye>4  7c7 ,qualifi$  
flexible fuel vehicle ,= purposes ( ?is 
section-- 7#a7 ,9 g5]al ,! t]m qualifi$ 
flexible fuel vehicle means a motor     
vehicle-- 7,a7 :i* is eng9e]$ & design$ 
to be op]at$-- 7i7 on a petroleum fuel &
 on a me?anol or e?anol fuel1 or  7ii7  
on any mixture ( ! petroleum fuel &     
me?anol or e?anol1 &  7,b7 :i* meets !  
requirem5ts = a flexible fuel vehicle z 
are prescrib$ by ! ,adm9i/rator ( !     
,environm5tal ,protection ,ag5cy =      
purposes ( title ( ! adm9i/ration (     
title ,,ii ( ! ,clean ,air ,act 7#db    

,u4,s4,c4 #geba et seq474  7#b7 ,motor  
vehicle ,! t]m motor vehicle means any  
vehicle :i* is manufactur$ prim>ily =   
use on public /reets1 roads1 & highways 
7n includ+ a vehicle op]at$ exclusively 
on a rail or rails7 & :i* has at lea/ #d
 :eels4  7d7 ,o!r def9itions & rules    
7#a7 ,manufactur]2 o!r t]ms ,! t]ms     
manufactur]1 light duty vehicle1 light  
duty truck1 & model ye> h ! mean+s giv5 
su* t]ms 9 regulations prescrib$ by !   
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy = purposes ( !       
adm9i/ration ( title ,,ii ( ! ,clean    
,air ,act 7#db ,u4,s4,c4 #geba et seq474
  7#b7 ,relat$ p]sons ,p]sons %all be   
treat$ z relat$ to ea* o!r if su* p]sons
 w\ld be treat$ z a s+le employ] "u !   
regulations prescrib$ "u section        
#eb7;b74 ,9 ! case ( a corporation :i*  
is a memb] ( an affiliat$ gr\p (        
corporations fil+ a consolidat$ return1 
su* corporation %all be treat$ z sell+ a
 vehicle to an unrelat$ p]son if su*    
vehicle is sold to su* a p]son by ano!r 

memb] ( su* gr\p4  7e7 ,t]m9ation ,?is  
section %all n apply to any flexible    
fuel vehicle produc$ = any model ye>    
end+ aft] #bjca4  4  7b7 ,"p ( g5]al    
bus9ess cr$it ,section #ch7;b7 ( su*    
,code is am5d$ by /rik+ plus at ! end ( 
p>agraph 7#cb71 by /rik+ ! p]iod at !   
end ( p>agraph 7#cc7 & ins]t+ 1 plus1 & 
by add+ at ! end ! foll[+ new p>agraph3 
7#cd7 ! flexible fuel vehicle production
 cr$it det]m9$ "u section #de,u7a74  4  
7c7 ,cl]ical am5dm5t ,! table ( sections
 = subp>t ,d ( "p ,,iv ( sub*apt] ,a (  
*apt] #a is am5d$ by add+ at ! end !    
foll[+ new item3  ,sec4 #de,u4 ,flexible
 fuel vehicle production cr$it4  4  7d7 
,effective date ,! am5dm5ts made by ?is 
section %all apply to vehicles produc$ &
 sold aft] ! date ( ! enactm5t ( ?is    
,act1 9 taxable ye>s end+ aft] su* date4
  #c4 ,re/oration ( c]ta9 flexible fuel 
vehicle cr$its  7a7 ,re/oration (       
manufactur+ inc5tives = dual fuel$      
automobiles ,section #cbije7;b7 ( title 
#di1 ,unit$ ,/ates ,code1 is am5d$1 9 ! 

matt] prec$+ p>agraph 7#a71 by /rik+ 9  
model ye>s #aiic ?r\gh #bjai4  7b7      
,repeal ( maximum fuel economy increase 
= alt]native fuel automobiles  7#a7 ,9  
g5]al ,section #cbijf ( title #di1      
,unit$ ,/ates ,code1 is repeal$4  7#b7  
,cl]ical am5dm5t ,! analysis = *apt]    
#cbi ( "p ,c ( subtitle ,,vi ( title    
#di1 ,unit$ ,/ates ,code1 is am5d$ by   
/rik+ ! item relat+ to section #cbijf4  
7c7 ,te/+ proc$ures "u ! ,clean ,air    
,act ,section #bjf ( ! ,clean ,air ,act 
7#db ,u4,s4,c4 #gebe7 is am5d$-- 7#a7 9 
subsection 7h71 by /rik+ subsection 7a7 
& 7b7 ( ?is section & ins]t+ subsections
 7a7 & 7b72 &  7#b7 by add+ at ! end !  
foll[+3  7i7 ,n lat] ?an #ahj days aft] 
! date ( enactm5t ( ?is subsection1 !   
,adm9i/rator %all review ! regulations  
"u subsections 7a7 & 7b7 relat+ to !    
te/+ ( motor vehicles & motor vehicle   
eng9es to ensure su* te/+ is 9          
accordance ) section #cbije7;b7 ( title 
#di1 ,unit$ ,/ates ,code4  4  7d7       
,con=m+ am5dm5ts  7#a7 ,section         

#cbija7;c77#a7 ( title #di1 ,unit$      
,/ates ,code1 is am5d$1 9 ! fir/ s5t5ce1
 by /rik+ "u sections #cbije & #cbijf ( 
?is title & ins]t+ "u section #cbije4   
7#b7 ,section #cbije ( title #di1 ,unit$
 ,/ates ,code1 is am5d$ by /rik+        
subsection 7g74  7#c7 ,section          
#cbijh7;g77#c7 ( title #di1 ,unit$      
,/ates ,code1 is am5d$ by /rik+ ! second
 s5t5ce4