Source: http://taxtv.com/code/00040-USCODE-2011-title26-subtitleA-chap1-subchapA-partIV-subpartD-sec40A/
Timestamp: 2017-06-28 02:11:17
Document Index: 362053708

Matched Legal Cases: ['§40', '§40', '§40', '§302', '§1344', '§412', '§15321', '§4', '§15321', '§202', '§701', '§202', '§202', '§202', '§202', '§202', '§202', '§202', '§202', '§202', '§1346', '§1345', '§1345', '§1345', '§1345', '§1345', '§1344', '§701', '§202', '§1344', '§1345', '§1346', '§40']

IRC §40A. Biodiesel and renewable diesel used as fuel - TaxTV.com
IRC §40A. Biodiesel and renewable diesel used as fuel
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The term “qualified biodiesel mixture” means a mixture of biodiesel and diesel fuel (as defined in section 4083(a)(3)), determined without regard to any use of kerosene, which—
(B) the requirements of the American Society of Testing and Materials D67 .
Such term shall not include any liquid with respect to which a credit may be determined under section 40. Such term does not include any fuel derived from coprocessing biomass with a feedstock which is not biomass. For purposes of this paragraph, the term “biomass” has the meaning given such term by section 45K(c)(3).
This section shall not apply to any sale or use after December 31, 2011.
(Added Pub. L. 108–357, title III, §302(a), Oct. 22, 2004, 118 Stat. 1463; amended Pub. L. 109–58, title XIII, §§1344(a), 1345(a)–(d), 1346(a), (b)(1), Aug. 8, 2005, 119 Stat. 1052–1055; Pub. L. 109–135, title IV, §412(h), Dec. 21, 2005, 119 Stat. 2637; Pub. L. 110–234, title XV, §15321(f), May 22, 2008, 122 Stat. 1 4; Pub. L. 110–246, §4(a), title XV, §15321(f), June 18, 2008, 122 Stat. 1664, 2276; Pub. L. 110–343, div. B, title II, §§202(a), (b)(1), (b)(3)–(f), 203(b), Oct. 3, 2008, 122 Stat. 3832, 3833; Pub. L. 111–312, title VII, §701(a), Dec. 17, 2010, 124 Stat. 3310.)
2008—Subsec. (b)(1)(A), (2)(A). Pub. L. 110–343, §202(b)(1), substituted “$1.00” for “50 cents”.
Subsec. (b)(3) to (5). Pub. L. 110–343, §202(b)(3)(A), redesignated pars. (4) and (5) as (3) and (4), respectively, and struck out heading and text of former par. (3). Text read as follows: “In the case of any biodiesel which is agri-biodiesel, paragraphs (1)(A) and (2)(A) shall be applied by substituting ‘$1.00’ for ‘50 cents’.”
Subsec. (d)(2). Pub. L. 110–343, §202(f), substituted “mustard seeds, and camelina” for “and mustard seeds”.
Subsec. (d)(3)(C)(ii). Pub. L. 110–343, §202(b)(3)(D), substituted “subsection (b)(4)(B)” for “subsection (b)(5)(B)”.
Subsec. (e)(2), (3). Pub. L. 110–343, §202(b)(3)(C), substituted “subsection (b)(4)(C)” for “subsection (b)(5)(C)”.
Subsec. (f)(3). Pub. L. 110–343, §202(d), in introductory provisions, struck out “(as defined in section 45K(c)(3))” after “derived from biomass” and, in concluding provisions, inserted at end “Such term does not include any fuel derived from coprocessing biomass with a feedstock which is not biomass. For purposes of this paragraph, the term ‘biomass’ has the meaning given such term by section 45K(c)(3).”
Pub. L. 110–343, §202(c)(1), (2), in introductory provisions, substituted “liquid fuel” for “diesel fuel” and struck out “using a thermal depolymerization process” before “which meets—”.
Subsec. (f)(3)(B). Pub. L. 110–343, §202(c)(3), inserted “, or other equivalent standard approved by the Secretary” before period at end.
Subsec. (g). Pub. L. 110–343, §202(a), substituted “December 31, 2009” for “December 31, 2008”.
2005—Pub. L. 109–58, §1346(b)(1), inserted “and renewable diesel” after “Biodiesel” in section catchline.
Subsec. (a). Pub. L. 109–58, §1345(a), reenacted heading without change and amended text of subsec. (a) generally. Prior to amendment, text read as follows: “For purposes of section 38, the biodiesel fuels credit determined under this section for the taxable year is an amount equal to the sum of—
Subsec. (b). Pub. L. 109–58, §1345(d)(2), substituted “, biodiesel credit, and small agri-biodiesel producer credit” for “and biodiesel credit” in heading.
Subsec. (b)(4). Pub. L. 109–58, §1345(d)(1), substituted “paragraph (1) or (2) of subsection (a)” for “this section”.
Subsec. (b)(5)(B). Pub. L. 109–135 struck out “(determined without regard to the last sentence of subsection (d)(2))” after “any agri-biodiesel” in introductory provisions.
Subsec. (d)(3)(C),(D). Pub. L. 109–58, §1345(d)(3), added subpar. (C) and redesignated former subpar. (C) as (D). The words following “subsection (b)(5)(B),” in subpar. (C) are shown as a flush provision notwithstanding directory language showing them as part of cl. (ii), to reflect the probable intent of Congress.
Subsec. (e). Pub. L. 109–58, §1345(c), added subsec. (e). The words following “subparagraph (A) for the taxable year,” in subsec. (e)(6)(B)(iii) are shown as a flush provision notwithstanding directory language showing them as part of subcl. (II), to reflect the probable intent of Congress. Former subsec. (e) redesignated (f).
Pub. L. 109–58, §1344(a), substituted “2008” for “2006”.
Pub. L. 111–312, title VII, §701(d), Dec. 17, 2010, 124 Stat. 3310, provided that: “The amendments made by this section [amending this section and sections 6426 and 6427 of this title] shall apply to fuel sold or used after December 31, 2009.”
Pub. L. 110–343, div. B, title II, §202(g), Oct. 3, 2008, 122 Stat. 3833, provided that:
Pub. L. 109–58, title XIII, §1344(b), Aug. 8, 2005, 119 Stat. 1052, provided that: “The amendments made by this section [amending this section and sections 6426 and 6427 of this title] shall take effect on the date of the enactment of this Act [Aug. 8, 2005].”
Pub. L. 109–58, title XIII, §1345(e), Aug. 8, 2005, 119 Stat. 1055, provided that: “The amendments made by this section [amending this section] shall apply to taxable years ending after the date of the enactment of this Act [Aug. 8, 2005].”
Pub. L. 109–58, title XIII, §1346(c), Aug. 8, 2005, 119 Stat. 1056, provided that: “The amendment made by subsection (a) [amending this section] shall apply with respect to fuel sold or used after December 31, 2005.”
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