,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #bicb  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,april #ag1 #bjbe,mr4 
,g>cia ( ,cali=nia 7= himself & ,mr4    
,ob]nolte7 introduc$ ! foll[+ bill2 :i* 
0 ref]r$ to ! ,committee on ,ways &     
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to e/abli% a tax  
cr$it = ! production ( aviation gasol9e 
t is free ( tetra-e?yl-lead4  #a4 ,%ort 
title ,?is ,act may be cit$ z ! ,cutt+  
,lead ,exposure & ,aviation ,relief     
,skies ,act or ! ,,cle> ,skies ,act4    
#b4 ,aviation gasol9e production 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;,,bb4 ,aviation gasol9e production  
cr$it  7a7 ,am\nt ( cr$it  7#a7 ,9 g5]al
 ,= purposes ( section #ch1 ! aviation  
gasol9e production cr$it det]m9$ "u ?is 
section = ! taxable ye> is an am\nt     
equal to ! product (-- 7,a7 ! numb] (   
gallons ( qualifi$ aviation gasol9e     

produc$ by ! taxpay] & sold by ! taxpay]
 9 ! mann] describ$ 9 p>agraph 7#e7 dur+
 ! taxable ye>1 multipli$ by  7,b7 !    
applicable am\nt ) respect to su*       
gasol9e4  7#b7 ,applicable am\nt ,!     
applicable am\nt "u ?is p>agraph is     
equal to-- 7,a7 9 ! case ( qualifi$     
aviation gasol9e sold dur+ cal5d> ye>   
#bjbf1 #a4be1  7,b7 9 ! case ( qualifi$ 
aviation gasol9e sold dur+ cal5d> ye>   
#bjbg1 #a4bj1  7,c7 9 ! case ( qualifi$ 
aviation gasol9e sold dur+ cal5d> ye>   
#bjbh1 #a4ae1  7,d7 9 ! case ( qualifi$ 
aviation gasol9e sold dur+ cal5d> ye>   
#bjbi1 #a4aj1 &  7,e7 9 ! case (        
qualifi$ aviation gasol9e sold dur+     
cal5d> ye> #bjcj1 #a4je4  7#c7 ,qualifi$
 aviation gasol9e ,= purposes ( ?is     
section1 ! t]m qualifi$ aviation gasol9e
 means aviation gasol9e-- 7,a7 :i* is-- 
7i7 def9$ 9 section #dcf4aja ( title    
#aj1 ,code ( ,f$]al ,regulations1  7ii7 
free f tetra-e?yl-lead1 &  7iii7 produc$
 by ! taxpay] 9 ! ,unit$ ,/ates1  7,b7  
:i* meets ! requirem5ts ( any aviation  

fuel /&>ds promulgat$ pursuant to       
section #ddgad ( title #di1 ,unit$      
,/ates ,code1 &  7,c7 ! transf] ( :i* to
 ! fuel tank ( an aircraft occurs 9 !   
,unit$ ,/ates4  7#d7 ,sale ,= purposes (
 p>agraph 7#a71 ! qualifi$ aviation     
gasol9e is sold 9 a mann] describ$ 9 ?is
 p>agraph if su* gasol9e is sold by !   
taxpay] to an unrelat$ p]son-- 7,a7 =   
use by su* p]son 9 a trade or bus9ess1  
or  7,b7 :o sells su* fuel at retail to 
ano!r p]son & places su* fuel 9 ! fuel  
tank ( su* o!r p]son4  7b7 ,regi/ration 
( qualifi$ aviation gasol9e produc]s ,no
 cr$it %all be all[$ "u ?is section )   
respect to any aviation gasol9e unless !
 produc] ( su* fuel-- 7#a7 is regi/]$ ) 
! ,secret>y "u section #daja1 &  7#b7   
provides c]tification 79 su* =m or mann]
 z ! ,secret>y %all prescribe aft]      
consultation ) ! ,secret>y (            
,transportation7 demon/rat+ t su*       
gasol9e is qualifi$ aviation gasol9e4   
7c7 ,regulations & guidance ,n lat] ?an 
#ahj days aft] ! date ( ! enactm5t ( ?is

 section1 ! ,secret>y %all1 aft]        
consultation ) ! ,secret>y (            
,transportation1 prescribe su*          
regulations & guidance z are necess>y to
 c>ry out ! purposes ( ?is section4  7d7
 ,t]m9ation ,?is section %all n apply to
 any sale aft] ,decemb] #ca1 #bjcj4  4  
7b7 ,cr$it made "p ( g5]al bus9ess cr$it
 ,section #ch7;b7 ( su* ,code is am5d$  
by /rik+ plus at ! end ( p>agraph 7#dj71
 by /rik+ ! p]iod at ! end ( p>agraph   
7#da7 & ins]t+ 1 plus1 & by ins]t+ aft] 
p>agraph 7#da7 ! foll[+ new p>agraph3   
7#db7 ! aviation gasol9e production     
cr$it det]m9$ "u section #de;,,bb4  4   
7c7 ,c]tification ( produc]s ,section   
#daja7;a77#a7 ( su* ,code is am5d$ by   
/rik+ & e p]son produc+ second g5]ation 
bi(uel 7z def9$ 9 section               
#dj7;b77#f77;,e77 & ins]t+ e p]son      
produc+ second g5]ation bi(uel 7z def9$ 
9 section #dj7;b77#f77;,e771 & e p]son  
produc+ qualifi$ aviation gasol9e 7z    
def9$ 9 section #de;,,bb7a77#d774  7d7  
,qualifi$ aviation gasol9e tax$ z       

aviation gasol9e ,section               
#djha7;a77#b77;,a77ii7 ( su* ,code is   
am5d$ by ins]t+ 7includ+ qualifi$       
aviation gasol9e z def9$ 9 section      
#de;,,bb7a77#d77 aft] aviation gasol9e4 
7e7 ,cl]ical am5dm5t ,! table ( sections
 = subp>t ,d ( sub*apt] ,a ( *apt] #a ( 
su* ,code is am5d$ by ins]t+ aft] ! item
 relat+ to section #de;,,aa ! foll[+ new
 item3  ,sec4 #de;,,bb4 ,aviation       
gasol9e cr$it4  4  7f7 ,effective date  
,! am5dm5ts made by ?is section %all    
apply to fuel sold or us$ aft] ,decemb] 
#ca1 #bjbe4  #c4 ,,gao ,/udy  7a7 ,/udy 
,! ,comptroll] ,g5]al ( ! ,unit$ ,/ates 
%all c>ry out a /udy relat+ to ! price (
 unlead$ aviation gas1 includ+-- 7#a7 ! 
price diff]5tial ( lead$ aviation gas at
 ! consum] po9t ( sale z comp>$ )       
unlead$ aviation gas1 includ+ unlead$   
aviation gas at diff]5t octane levels1  
7#b7 ! major driv]s ( ! price diff]5tial
 betwe5 lead$ & unlead$ gas1 includ+    
rese>* & developm5t1 ref9+1             
transportation & deliv]y & /orage1  7#c7

 :e!r ! aviation gasol9e cr$it "u       
section #de;,,bb ( ! ,int]nal ,rev5ue   
,code ( #aihf 7z add$ by section #a7    
results 9 co/ sav+s t are pass$ along to
 ! end-us] consum]1  7#d7               
recomm5dations1 if any1 = *anges to su* 
cr$it to ensure ! highe/ am\nt ( co/    
sav+s is pass$ along to ! end-us]       
consum]1 &  7#e7 ! am\nt & p]c5tage (   
unlead$ aviation gas 9 ! ov]all aviation
 gas m>ket & future m>ket projections = 
su* am\nt & p]c5tage4  7b7 ,report ,n   
lat] ?an "o ye> aft] ! date ( ! enactm5t
 ( ?is ,act1 ! ,comptroll] ,g5]al ( !   
,unit$ ,/ates %all issue a report to    
,congress describ+ ! f9d+s &            
det]m9ations made 9 c>ry+ out ! /udy    
requir$ "u subsection 7a74