To amend the Internal Revenue Code of 1986 to extend and modify the alternative fuel and alternative fuel mixture credits.

Bill: 114-hr-6228
Sponsor: full_name: Rep. Boustany, Charles W., Jr. [R-LA-3]
Introduced: 2016-09-28
Policy area: Taxation
Subjects: Alternative and renewable resources

Land use and conservation

Motor fuels

Sales and excise taxes
Latest action: action_date: 2016-09-28
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2016-09-28
action_desc: Introduced in House
text: <p>This bill amends the Internal Revenue Code to extend through 2021: (1) the excise tax credit for alternative fuel, (2) the excise tax credit for alternative fuel mixtures, and (3) the payments that are equivalent to the alternative fuel excise tax credit. </p> <p>The bill also allows the alternative fuel excise tax credit to be used for fuel sold by the taxpayer for use as fuel in qualified landscaping equipment. Qualifying landscaping equipment is: (1) used in landscaping or similar activities, (2) powered by an engine capable of running only on alternative fuel, and (3) is not designed primarily for carrying or towing persons or loads from one place to another.</p>

tv_txt: I 114th CONGRESS 2d Session H. R. 6228 IN THE HOUSE OF REPRESENTATIVES September 28, 2016 Mr. Boustany 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 and modify the alternative fuel and alternative fuel mixture credits.

1. Extension and modification of alternative fuel and alternative fuel mixture credits (a) Extension and alternative fuel and alternative fuel mixture credits (1) Alternative fuel credit Section 6426(d)(5) of the Internal Revenue Code of 1986 is amended by striking December 31, 2016 and inserting December 31, 2021 . (2) Alternative fuel mixture credit Section 6426(e)(3) of such Code is amended by striking December 31, 2016 and inserting December 31, 2021 . (3) Outlay payments for alternative fuels Section 6427(e)(6)(C) is amended by striking December 31, 2016 and inserting December 31, 2021 . (b) Alternative fuel credit allowed for fuel used in qualifying landscape equipment (1) In general Section 6426(d)(1) of such Code is amended by inserting sold by the taxpayer for use as fuel in qualifying landscape equipment, after in aviation, . (2) Qualifying landscape equipment Section 6426(d) of such Code, as amended by subsection (a)(1), is amended by redesignating paragraphs (4) and (5) as paragraphs (5) and (6), respectively, and by inserting after paragraph (3) the following new paragraph: (4) Qualifying landscape equipment For purposes of this subsection, the term qualifying landscape equipment means any equipment which— (A) is of a type used in landscaping or similar activities, (B) is powered by an engine capable of running only on alternative fuel, and (C) is not designed primarily for carrying or towing persons or loads from one place to another. . (c) Effective date The amendments made by this section shall apply to fuel sold or used after December 31, 2016.