I 
111TH CONGRESS 
2D SESSION 
H. R. 5435 
To amend the Internal Revenue Code of 1986 to extend certain renewable 
fuel, and energy, tax incentives, and to deny the deduction for income 
attributable to domestic production of oil, or primary products thereof. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 27, 2010 
Mr. BRALEY of Iowa introduced the following bill; which was referred to the 
Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to extend 
certain renewable fuel, and energy, tax incentives, and 
to deny the deduction for income attributable to domestic 
production of oil, or primary products thereof. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Big Oil Accountability 
Act of 2010’’. 
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SEC. 2. EXTENSION OF BIODIESEL AND RENEWABLE DIE-
SEL INCENTIVES. 
(a) CREDITS FOR BIODIESEL AND RENEWABLE DIE-
SEL USED AS FUEL.—Subsection (g) of section 40A of 
the Internal Revenue Code of 1986 is amended by striking 
‘‘December 31, 2009’’ and inserting ‘‘December 31, 
2015’’. 
(b) EXCISE TAX CREDITS AND OUTLAY PAYMENTS 
FOR BIODIESEL AND RENEWABLE DIESEL FUEL MIX-
TURES.— 
(1) Paragraph (6) of section 6426(c) of such 
Code is amended by striking ‘‘December 31, 2009’’ 
and inserting ‘‘December 31, 2015’’. 
(2) Subparagraph (B) of section 6427(e)(6) is 
amended by striking ‘‘December 31, 2009’’ and in-
serting ‘‘December 31, 2015’’. 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to fuel sold or used after December 
31, 2009. 
SEC. 3. EXTENSION OF INCOME TAX CREDIT FOR ALCOHOL 
USED AS FUEL. 
(a) IN GENERAL.—Paragraph (1) of section 40(e) of 
the Internal Revenue Code of 1986 is amended— 
(1) by striking ‘‘December 31, 2010’’ in sub-
paragraph (A) and inserting ‘‘December 31, 2015’’, 
and 
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(2) by striking ‘‘January 1, 2011’’ in subpara-
graph (B) and inserting ‘‘January 1, 2016’’. 
(b) CELLULOSIC BIOFUEL.—Subparagraph (H) of 
section 40(b)(6) of such Code is amended by striking 
‘‘January 1, 2013’’ and inserting ‘‘January 1, 2016’’. 
(c) REDUCED AMOUNT FOR ETHANOL BLENDERS.— 
Paragraph (2) of section 40(h) of such Code is amended 
by striking ‘‘2010’’ and inserting ‘‘2015’’. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall take effect on the date of the enactment 
of this Act. 
SEC. 4. EXTENSION OF EXCISE TAX CREDIT FOR ALCOHOL 
USED AS FUEL. 
(a) IN GENERAL.—Paragraph (6) of section 6426(b) 
of the Internal Revenue Code of 1986 is amended by strik-
ing ‘‘December 31, 2010’’ and inserting ‘‘December 31, 
2015’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall take effect on the date of the enactment 
of this Act. 
SEC. 5. EXTENSION OF CREDIT FOR ELECTRICITY PRO-
DUCED 
FROM 
CERTAIN 
RENEWABLE 
RE-
SOURCES. 
Subsection (d) of section 45 of the Internal Revenue 
Code of 1986 is amended— 
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(1) by striking ‘‘2013’’ in paragraph (1) and in-
serting ‘‘2016’’, and 
(2) by striking ‘‘2014’’ each place it appears in 
paragraphs (2), (3), (4), (6), (7), (9), and (11) and 
inserting ‘‘2016’’. 
SEC. 6. EXTENSION OF ADDITIONAL DUTIES ON ETHANOL. 
Headings 9901.00.50 and 9901.00.52 of the Har-
monized Tariff Schedule of the United States are each 
amended in the effective period column by striking ‘‘1/1/ 
2011’’ and inserting ‘‘1/1/2016’’. 
SEC. 7. DENIAL OF DEDUCTION FOR INCOME ATTRIB-
UTABLE TO DOMESTIC PRODUCTION OF OIL 
OR PRIMARY PRODUCTS THEREOF. 
(a) IN GENERAL.— 
(1) DENIAL
OF
DEDUCTION.—Subparagraph 
(B) of section 199(c)(4) of the Internal Revenue 
Code of 1986 is amended by striking ‘‘or’’ at the 
end of clause (ii), by striking the period at the end 
of clause (iii) and inserting ‘‘, or’’, and by inserting 
after clause (iii) the following new clause: 
‘‘(iv) the production, refining, proc-
essing, transportation, or distribution of oil 
(or any primary product thereof).’’. 
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(2) PRIMARY
PRODUCT
DEFINED.—Section 
199(c)(4)(B) of such Code is amended by adding at 
the end the following flush sentence: 
‘‘For purposes of clause (iv), the term ‘primary product’ 
has the same meaning as when used in section 
927(a)(2)(C), as in effect before its repeal.’’. 
(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2010. 
Æ 
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