Source: https://irc.bloombergtax.com/public/uscode/doc/irc/section_40
Timestamp: 2020-06-01 23:29:08
Document Index: 706400240

Matched Legal Cases: ['§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40', '§ 40']

Internal Revenue Code, § 40. Alcohol, Etc. Used As Fuel
I.R.C. § 40(a) General Rule —
For purposes of section 38, the alcohol fuels credit determined under this section for the taxable year is an amount equal to the sum of—
I.R.C. § 40(a)(1) —
I.R.C. § 40(a)(2) —
I.R.C. § 40(a)(3) —
I.R.C. § 40(a)(4) —
I.R.C. § 40(b) Definition Of Alcohol Mixture Credit, Alcohol Credit, And Small Ethanol Producer Credit —
For purposes of this section, and except as provided in subsection (h)—
I.R.C. § 40(b)(1) Alcohol Mixture Credit
I.R.C. § 40(b)(1)(A) In General —
I.R.C. § 40(b)(1)(B) Qualified Mixture —
The term “qualified mixture” means a mixture of alcohol and gasoline or of alcohol and a special fuel which—
I.R.C. § 40(b)(1)(B)(i) —
I.R.C. § 40(b)(1)(B)(ii) —
I.R.C. § 40(b)(1)(C) Sale Or Use Must Be In Trade Or Business, Etc. —
Alcohol used in the production of a qualified mixture shall be taken into account—
I.R.C. § 40(b)(1)(C)(i) —
I.R.C. § 40(b)(1)(C)(ii) —
I.R.C. § 40(b)(1)(D) Casual Off-Farm Production Not Eligible —
I.R.C. § 40(b)(2) Alcohol Credit
I.R.C. § 40(b)(2)(A) In General —
The alcohol credit of any taxpayer for any taxable year is 60 cents for each gallon of alcohol which is not in a mixture with gasoline or a special fuel (other than any denaturant) and which during the taxable year—
I.R.C. § 40(b)(2)(A)(i) —
I.R.C. § 40(b)(2)(A)(ii) —
I.R.C. § 40(b)(2)(B) User Credit Not To Apply To Alcohol Sold At Retail —
I.R.C. § 40(b)(3) Smaller Credit For Lower Proof Alcohol —
In the case of any alcohol with a proof which is at least 150 but less than 190, paragraphs (1)(A) and (2)(A) shall be applied by substituting “45 cents” for “60 cents”.
I.R.C. § 40(b)(4) Small Ethanol Producer Credit
I.R.C. § 40(b)(4)(A) In General —
I.R.C. § 40(b)(4)(B) Qualified Ethanol Fuel Production —
For purposes of this paragraph, the term “qualified ethanol fuel production” means any alcohol which is ethanol which is produced by an eligible small ethanol producer, and which during the taxable year—
I.R.C. § 40(b)(4)(B)(i) —
I.R.C. § 40(b)(4)(B)(i)(I) —
I.R.C. § 40(b)(4)(B)(i)(II) —
I.R.C. § 40(b)(4)(B)(i)(III) —
I.R.C. § 40(b)(4)(B)(ii) —
I.R.C. § 40(b)(4)(C) Limitation —
I.R.C. § 40(b)(4)(D) Additional Distillation Excluded —
I.R.C. § 40(b)(5) Adding Of Denaturants Not Treated As Mixture —
I.R.C. § 40(b)(6) Second Generation Biofuel Producer Credit
I.R.C. § 40(b)(6)(A) In General —
I.R.C. § 40(b)(6)(B) Applicable Amount —
For purposes of subparagraph (A), the applicable amount means $1.01, except that such amount shall, in the case of second generation biofuel which is alcohol, be reduced by the sum of—
I.R.C. § 40(b)(6)(B)(i) —
the amount of the credit in effect for such alcohol under subsection (b)(1) (without regard to subsection (b)(3)) at the time of the qualified second generation biofuel production, plus
I.R.C. § 40(b)(6)(B)(ii) —
I.R.C. § 40(b)(6)(C) Qualified Second Generation Biofuel Production —
For purposes of this section, the term “qualified second generation biofuel production” means any second generation biofuel which is produced by the taxpayer, and which during the taxable year—
I.R.C. § 40(b)(6)(C)(i) —
I.R.C. § 40(b)(6)(C)(i)(I) —
I.R.C. § 40(b)(6)(C)(i)(II) —
I.R.C. § 40(b)(6)(C)(i)(III) —
I.R.C. § 40(b)(6)(C)(ii) —
I.R.C. § 40(b)(6)(D) Qualified Second Generation Biofuel Mixture —
For purposes of this paragraph, the term “qualified second generation biofuel mixture” means a mixture of second generation biofuel and gasoline or of second generation biofuel and a special fuel which—
I.R.C. § 40(b)(6)(D)(i) —
I.R.C. § 40(b)(6)(D)(ii) —
I.R.C. § 40(b)(6)(E) Second Generation Biofuel —
I.R.C. § 40(b)(6)(E)(i) In General —
The term “second generation biofuel” means any liquid fuel which—
I.R.C. § 40(b)(6)(E)(i)(I) —
I.R.C. § 40(b)(6)(E)(i)(II) —
meets the registration requirements for fuels and fuel additives established by the Environmental Protection Agency under section 211 of the Clean Air Act ( 42 U.S.C. 7545 ).
I.R.C. § 40(b)(6)(E)(ii) Exclusion Of Low-Proof Alcohol —
The term “second generation biofuel” shall not include any alcohol with a proof of less than 150. The determination of the proof of any alcohol shall be made without regard to any added denaturants.
I.R.C. § 40(b)(6)(E)(iii) Exclusion Of Certain Fuels —
The term “second generation biofuel” shall not include any fuel if–-
I.R.C. § 40(b)(6)(E)(iii)(I) —
I.R.C. § 40(b)(6)(E)(iii)(II) —
I.R.C. § 40(b)(6)(E)(iii)(III) —
I.R.C. § 40(b)(6)(F) Qualified Feedstock —
For purposes of this paragraph, the term “qualified feedstock” means—
I.R.C. § 40(b)(6)(F)(i) —
I.R.C. § 40(b)(6)(F)(ii) —
I.R.C. § 40(b)(6)(G) Special Rules For Algae —
I.R.C. § 40(b)(6)(G)(i) —
I.R.C. § 40(b)(6)(G)(ii) —
I.R.C. § 40(b)(6)(G)(iii) —
I.R.C. § 40(b)(6)(H) Allocation Of Second Generation Biofuel Producer Credit To Patrons Of Cooperative —
I.R.C. § 40(b)(6)(I) Registration Requirement —
I.R.C. § 40(b)(6)(J) Application Of Paragraph
I.R.C. § 40(b)(6)(J)(i) In General —
I.R.C. § 40(b)(6)(J)(ii) No Carryover To Certain Years After Expiration —
I.R.C. § 40(c) Coordination With Exemption From Excise Tax —
I.R.C. § 40(d) Definitions And Special Rules —
I.R.C. § 40(d)(1) Alcohol Defined
I.R.C. § 40(d)(1)(A) In General —
The term “alcohol” includes methanol and ethanol but does not include—
I.R.C. § 40(d)(1)(A)(i) —
I.R.C. § 40(d)(1)(A)(ii) —
I.R.C. § 40(d)(1)(B) Determination Of Proof —
I.R.C. § 40(d)(2) Special Fuel Defined —
The term “special fuel” includes any liquid fuel (other than gasoline) which is suitable for use in an internal combustion engine.
I.R.C. § 40(d)(3) Mixture Or Alcohol Not Used As A Fuel, Etc.
I.R.C. § 40(d)(3)(A) Mixtures —
I.R.C. § 40(d)(3)(A)(i) —
I.R.C. § 40(d)(3)(A)(ii) —
I.R.C. § 40(d)(3)(A)(ii)(I) —
I.R.C. § 40(d)(3)(A)(ii)(II) —
without separation, uses the mixture other than as a fuel, then there is hereby imposed on such person a tax equal to 60 cents a gallon (45 cents in the case of alcohol with a proof less than 190) for each gallon of alcohol in such mixture.
I.R.C. § 40(d)(3)(B) Alcohol —
I.R.C. § 40(d)(3)(B)(i) —
I.R.C. § 40(d)(3)(B)(ii) —
any person mixes such alcohol or uses such alcohol other than as a fuel, then there is hereby imposed on such person a tax equal to 60 cents a gallon (45 cents in the case of alcohol with a proof less than 190) for each gallon of such alcohol.
I.R.C. § 40(d)(3)(C) Small Ethanol Producer Credit —
I.R.C. § 40(d)(3)(C)(i) —
I.R.C. § 40(d)(3)(C)(ii) —
any person does not use such fuel for a purpose described in subsection (b)(4)(B), then there is hereby imposed on such person a tax equal to 10 cents a gallon for each gallon of such alcohol.
I.R.C. § 40(d)(3)(D) Second Generation Biofuel Producer Credit —
I.R.C. § 40(d)(3)(D)(i) —
I.R.C. § 40(d)(3)(D)(ii) —
any person does not use such fuel for a purpose described in subsection (b)(6)(C), then there is hereby imposed on such person a tax equal to the applicable amount (as defined in subsection (b)(6)(B)) for each gallon of such second generation biofuel.
I.R.C. § 40(d)(3)(E) Applicable Laws —
I.R.C. § 40(d)(4) Volume Of Alcohol —
I.R.C. § 40(d)(5) Pass-Thru In The Case Of Estates And Trusts —
I.R.C. § 40(d)(6) Special Rule For Second Generation Biofuel Producer Credit —
No second generation biofuel producer credit shall be determined under subsection (a) with respect to any second generation biofuel unless such second generation biofuel is produced in the United States and used as a fuel in the United States. For purposes of this subsection, the term “United States” includes any possession of the United States.
I.R.C. § 40(d)(7) Limitation To Alcohol With Connection To The United States —
No credit shall be determined under this section with respect to any alcohol which is produced outside the United States for use as a fuel outside the United States. For purposes of this paragraph, the term “United States” includes any possession of the United States.
I.R.C. § 40(e) Termination
I.R.C. § 40(e)(1) In General —
This section shall not apply to any sale or use—
I.R.C. § 40(e)(1)(A) —
for any period after December 31, 2011, or
I.R.C. § 40(e)(1)(B) —
for any period before January 1, 2012, during which the rates of tax under section 4081(a)(2)(A) are 4.3 cents per gallon.
I.R.C. § 40(e)(2) No Carryovers To Certain Years After Expiration —
I.R.C. § 40(e)(3) Exception For Second Generation Biofuel Producer Credit —
I.R.C. § 40(f) Election To Have Alcohol Fuels Credit Not Apply
I.R.C. § 40(f)(1) In General —
I.R.C. § 40(f)(2) Time For Making Election —
I.R.C. § 40(f)(3) Manner Of Making Election —
I.R.C. § 40(g) Definitions And Special Rules For Eligible Small Ethanol Producer Credit —
I.R.C. § 40(g)(1) Eligible Small Ethanol Producer —
The term “eligible small ethanol producer” means a person who, at all times during the taxable year, has a productive capacity for alcohol (as defined in subsection (d)(1)(A) without regard to clauses (i) and (ii)) not in excess of 60,000,000 gallons.
I.R.C. § 40(g)(2) Aggregation Rule —
I.R.C. § 40(g)(3) Partnership, S Corporations, And Other Pass-Thru Entities —
I.R.C. § 40(g)(4) Allocation —
I.R.C. § 40(g)(5) Regulations —
I.R.C. § 40(g)(5)(A) —
I.R.C. § 40(g)(5)(B) —
I.R.C. § 40(g)(6) Allocation Of Small Ethanol Producer Credit To Patrons Of Cooperative
I.R.C. § 40(g)(6)(A) Election To Allocate
I.R.C. § 40(g)(6)(A)(i) In General —
I.R.C. § 40(g)(6)(A)(ii) Form And Effect Of Election —
I.R.C. § 40(g)(6)(B) Treatment Of Organizations And Patrons
I.R.C. § 40(g)(6)(B)(i) Organizations —
I.R.C. § 40(g)(6)(B)(ii) Patrons —
I.R.C. § 40(g)(6)(B)(iii) Special Rules For Decrease In Credits For Taxable Year —
I.R.C. § 40(g)(6)(B)(iii)(I) —
I.R.C. § 40(g)(6)(B)(iii)(II) —
I.R.C. § 40(h) Reduced Credit For Ethanol Blenders
I.R.C. § 40(h)(1) In General —
In the case of any alcohol mixture credit or alcohol credit with respect to any sale or use of alcohol which is ethanol during calendar years 2001 through 2011—
I.R.C. § 40(h)(1)(A) —
subsections (b)(1)(A) and (b)(2)(A) shall be applied by substituting “the blender amount” for “60 cents”,
I.R.C. § 40(h)(1)(B) —
subsection (b)(3) shall be applied by substituting “the low-proof blender amount” for “45 cents” and “the blender amount” for “60 cents”, and
I.R.C. § 40(h)(1)(C) —
subparagraphs (A) and (B) of subsection (d)(3) shall be applied by substituting “the blender amount” for “60 cents” and “the low-proof blender amount” for “45 cents”.
I.R.C. § 40(h)(2) Amounts —
In the case of any sale or    The blender amount    The low-proof blender    use during calendar year:            is:                amount is:    2001 or 2002                        53 cents               39.26 cents   2003 or 2004                        52 cents               38.52 cents   2005, 2006, 2007, or 2008           51 cents               37.78 cents   2009 through 2011                   45 cents               33.33 cents.
I.R.C. § 40(h)(3) Reduction Delayed Until Annual Production Or Importation Of 7,500,000,000 Gallons
I.R.C. § 40(h)(3)(A) In General —
In the case of any calendar year beginning after 2008, if the Secretary makes a determination described in subparagraph (B) with respect to all preceding calendar years beginning after 2007, the last row in the table in paragraph (2) shall be applied by substituting “51 cents” for “45 cents”.
I.R.C. § 40(h)(3)(B) Determination —
(Added by Pub. L. 96-223, title II, Sec. 232(b)(1), Apr. 2, 1980, 94 Stat. 273, Sec. 44E, and amended Pub. L. 97-34, title II Sec. 207(c)(3), Aug. 13, 1981, 95 Stat. 225; Pub. L. 97-354, Sec. 5(a)(2), Oct. 19, 1982, 96 Stat. 1692; Pub. L. 97-424, title V, Sec. 511(b)(2), (d)(3), Jan. 6, 1983, 96 Stat. 2170, 2171; renumbered Sec. 40 and amended Pub. L. 98-369, div. A, title IV, Sec. 471(c), 474(k), 474(m)(1), title IX, Sec. 912(c), (f), 913(b), July 18, 1984, 98 Stat. 826, 832, 1007, 1008; Pub. L. 100-203, title X, Sec. 10502(d)(1), Dec. 22, 1987, 101 Stat. 1330-444; Pub. L. 101-508, title XI, Sec. 11502(a)-(f), Nov. 5, 1990, 104 Stat. 1388-480 to 1388-482; Pub. L. 104-188, title I, Sec. 1703(j), Aug. 20, 1996, 110 Stat. 1755; Pub. L. 105-178, title IX, Sec. 9003(a)(3), (b)(1), June 9, 1998, 112 Stat. 107; Pub. L. 108-357, title III, Sec. 301(c), 313(a), Oct. 22, 2004, 118 Stat 1418; Pub. L. 109-58, title XIII, Sec. 1347, Aug. 8, 2005, 119 Stat. 594; Pub. L. 110-246, title XV, Sec. 15321, 15331, 15332, June 18, 2008, 122 Stat. 1651; Pub. L. 110-343, Div. B, Sec. 203(a), Oct. 3, 2008, 122 Stat. 3765; Pub. L. 111-152, Sec. 1408(a), Mar. 30, 2010, 124 Stat. 1029; Pub. L. 111-240, title II, Sec. 2121(a), Sept. 27, 2010, 124 Stat. 2504; Pub. L. 111-312, Sec. 708, Dec. 17, 2010, 124 Stat. 3296; Pub. L. 112-240, title IV, Sec. 404, Jan. 2, 2013, 126 Stat. 2313; Pub. L. 113-295, Div. A, title I, Sec. 152(a), Dec. 19, 2014, 128 Stat. 4010; Pub. L. 114-113, Div. Q, title I, Sec. 184(a); Pub. L. 115-123, Div. D, title I, Sec. 40406(a), Feb. 9, 2018, 132 Stat. 64; Pub. L. 115-141, Div. U, title IV, Sec. 401(a)(9), Mar. 23, 2018, 132 Stat. 348; Pub. L. 116-94, Div. Q, title I, Sec. 122(a), Dec. 20, 2019.)
2019 - Subsec. (b)(6)(J)(i). Pub. L. 116-94, Div. Q, Sec. 122(a), amended clause (i) by substituting “January 1, 2021” for “January 1, 2018”.
2018 - Subsec. (g)(2). Pub. L. 115-141, Div. U, Sec. 401(a)(9), amended par. (2) by substituting “AGGREGATION” for “AGGREGRATION” in the heading.
Subsec. (b)(6)(J)(i). Pub. L. 115-123, Sec. 40406(a), amended clause (i) by substituting “January 1, 2018” for “January 1, 2017”.
2015 - Subsec. (b)(6)(J)(i). Pub. L. 114-113, Div. Q, Sec. 184(a), amended clause (i) by substituting “January 1, 2017” for “January 1, 2015”.
2014 - Subsec. (b)(6)(J)(i). Pub. L. 113-295, Div. A, Sec. 152(a), amended clause (i) by substituting “January 1, 2015” for “January 1, 2014”.
2013 - Sec. 40. Pub. L. 112-240, Sec. 404(b)(3)(A)(i), amended Sec. 40 by substituting “second generation biofuel” for “cellulosic biofuel” each place it appeared.
Subsec. (b)(6). Pub. L. 112-240, Sec. 404(b)(3)(A)(ii), amended par. (6) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (b)(6)(C). Pub. L. 112-240, Sec. 404(b)(3)(A)(iii), amended subpar. (C) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (b)(6)(D). Pub. L. 112-240, Sec. 404(b)(3)(A)(iii), amended subpar. (D) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (b)(6)(E). Pub. L. 112-240, Sec. 404(b)(3)(A)(ii), amended subpar. (E) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (b)(6)(E)(i)(I). Pub. L. 112-240, Sec. 404(b)(1), amended subclause (I). Before amendment, it read as follows:
“(I) is produced from any lignocellulosic or hemicellulosic matter that is available on a renewable or recurring basis, and”.
Subsec. (b)(6)(E)(ii). Pub. L. 112-240, Sec. 404(b)(3)(B), amended clause (ii) by substituting “The term ‘second generation biofuel' shall not” for “Such term shall not”.
Subsec. (b)(6)(H). Pub. L. 112-240, Sec. 404(a)(1), amended subpar. (H) (before redesignation). Before amendment, it read as follows:
“(H) Allocation Of Cellulosic Biofuel Producer Credit To Patrons Of Cooperative.—Rules similar to the rules under subsection (g)(6) shall apply for purposes of this paragraph.”
Subsec. (b)(6)(F)-(J). Pub. L. 112-240, Sec. 404(b)(2), redesignated subpar. (F)-(H) as subpar. (H)-(J), respectively, and add a new subpar. (F) and (G).
Subsec. (b)(6)(H). Pub. L. 112-240, Sec. 404(b)(3)(A)(iii), amended subpar. (H), after redesignation, by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (d)(3)(D). Pub. L. 112-240, Sec. 404(b)(3)(A)(ii), amended subpar. (D) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (d)(6). Pub. L. 112-240, Sec. 404(b)(3)(A)(iii), amended par. (6) by substituting “Second Generation” for “Cellulosic” in the heading.
Subsec. (e)(2). Pub. L. 112-240, Sec. 404(a)(2), amended par. (2) by striking “or subsection (b)(6)(H)”.
Subsec. (e)(3). Pub. L. 112-240, Sec. 404(b)(3)(A)(iii), amended par. (3) by substituting “Second Generation” for “Cellulosic” in the heading.
2010 - Subsec. (e)(1)(A). Pub. L. 111-312, Sec. 708(a)(1)(A), amended subpar. (A) by substituting “December 31, 2011” for “December 31, 2010”.
Subsec. (e)(1)(B). Pub. L. 111-312, Sec. 708(a)(1)(B), amended subpar. (B) by substituting “January 1, 2012” for “January 1, 2011”.
Subsec. (h). Pub. L. 111-312, Sec. 708(a)(2), amended subsec. (h) by substituting “2011” for “2010” both places it appeared.
Subsec. (b)(6)(E)(iii). Pub. L. 111-240, Sec. 2121(a), amended clause (iii) by striking “or” at the end of subclause (I); by substituting “, or” for the period at the end of subclause (II); by adding subclause (III); and by substituting “Certain” for “Unprocessed” in the heading.
Subsec. (b)(6)(E)(iii). Pub. L. 111-152, Sec. 1408(a), amended subpar. (E) by adding clause (iii).
2008 - Subsec. (d)(7). Pub. L. 110-343, Div. B, Sec. 203(a), amended subsec. (d) by adding par. (7).
Sec. 40. Pub. L. 110-246, Sec. 15321(b)(3)(B), amended the heading of Sec. 40 by inserting “, Etc.,” after “Alcohol”.
Subsec. (a). Pub. L. 110-246, Sec. 15321(a), amended subsec. (a) by striking “plus” at the end of par. (1); by striking “plus” at the end of par. (2); by substituting “, plus” for the period at the end of par. (3); and by adding par. (4).
Subsec. (b)(4)(C). Pub. L. 110-246, Sec. 15321(e), amended subpar. (C) by inserting “(determined without regard to any qualified cellulosic biofuel production)” after “15,000,000 gallons”.
Subsec. (b)(6). Pub. L. 110-246, Sec. 15321(b)(1), amended subsec. (b) by adding par. (6).
Subsec. (d)(3)(C). Pub. L. 110-246, Sec. 15321(c)(2)(A), amended the heading for subpar. (C) by substituting “Small Ethanol Producer” for “Producer”.
Subsec. (d)(3)(D)-(E). Pub. L. 110-246, Sec. 15321(c)(1), amended par. (3) by redesignating subpar. (D) as subpar. (E) and by adding a new subpar. (D).
Subsec. (d)(3)(E). Pub. L. 110-246, Sec. 15321(c)(2)(B), amended subpar. (E), as redesignated, by substituting “(C), or (D)” for “or (C)”.
Subsec. (d)(4). Pub. L. 110-246, Sec. 15332(a), amended par. (4) by substituting “2 percent” for “5 percent”.
Subsec. (d)(6). Pub. L. 110-246, Sec. 15321(d), amended subsec. (d) by adding par. (6).
Subsec. (e)(2). Pub. L. 110-246, Sec. 15321(b)(2)(A), amended par. (2) by inserting “or subsection (b)(6)(H)” after “by reason of paragraph (1)”.
Subsec. (e)(3). Pub. L. 110-246, Sec. 15321(b)(2)(B), amended subsec. (e) by adding par. (3).
Subsec. (h)(2). Pub. L. 110-246, Sec. 15331(a)(1), amended the table in par. (2) by substituting “, 2006, 2007, or 2008” for “through 2010” in the first column; by striking the period at the end of the third row; and by adding the last row.
Subsec. (h)(3). Pub. L. 110-246, Sec. 15331(a)(2), amended subsec. (h) by adding par. (3).
2005 - Subsec. (g). Pub. L. 109-58, Sec. 1347(a), amended subsec. (g) by substituting “60,000,000” for “30,000,000" each place it appeared.
Subsec. (g)(6)(A)(ii). Pub. L. 109-58, Sec. 1347(b), amended clause (ii) by adding the sentence at the end.
2004 - Subsec. (c). Pub. L. 108-357, Sec. 301(c)(1), amended subsec. (c) by substituting “section 4041(b)(2), section 6426, or section 6427(e)” for “subsection (b)(2), (k), or (m) of section 4041, section 4081(c), or section 4091(c)”.
Subsec. (d)(4). Pub. L. 108-357, Sec. 301(c)(2), amended par. (4). Prior to amendment it read as follows:
“(4) Volume of alcohol
“For purposes of determining--
“(A) under subsection (a) the number of gallons of alcohol with respect to which a credit is allowable under subsection (a), or
“(B) under section 4041(k) or 4081(c) the percentage of any mixture which consists of alcohol, the volume of alcohol shall include the volume of any denaturant (including gasoline) which is added under any formulas approved by the Secretary to the extent that such denaturants do not exceed 5 percent of the volume of such alcohol (including denaturants).”
Subsec. (e)(1). Pub. L. 108-357, Sec. 301(c)(3), amended subpar. (A) by substituting “2010” for “2007” and amended subpar. (B) by substituting “2011” for “2008”.
Subsec. (g)(6). Pub. L. 108-357, Sec. 313(a), added par. (6).
Subsec. (h)(1). Pub. L. 108-357, Sec. 301(c)(4), amended par. (1) by substituting “2010” for “2007”.
Subsec. (h)(2). Pub. L. 108-357, Sec. 301(c)(4), amended the table in subpar. (B) by substituting “through 2010” for “, 2006, or 2007”.
1998 - Subsec. (e)(1). Pub. L. 105-178, Sec. 9003(a)(3) amended paragraph (1) by substituting “December 31, 2007” for “December 31, 2000” and substituting “January 1, 2008” for “January 1, 2001”.
Subsec. (h). Pub. L. 105-178, Sec. 9003(b)(1) amended subsec. (h). Prior to amendment it read as follows:
“(h) REDUCED CREDIT FOR ETHANOL BLENDERS.-- In the case of any alcohol mixture credit or alcohol credit with respect to any alcohol which is ethanol--
“(1) subsections (b)(1)(A) and (b)(2)(A) shall be applied by substituting ‘54 cents’ for ‘60 cents’;
“(2) subsection (b)(3) shall be applied by substituting ‘40 cents’ for ‘45 cents’ and ‘54 cents’ for ‘60 cents’; and
“(3) subparagraphs (A) and (B) of subsection (d)(3) shall be applied by substituting ‘54 cents’ for ‘60 cents’ and ‘40 cents’ for ‘45 cents’.”
1996 - Subsec. (e)(1)(B). Pub. L. 104-188, Sec. 1703(j) amended subpar. (B) to read as above. Before amendment, subpar. (B) read as:
“(B) for any period before January 1, 2001, during which the Highway Trust Fund financing rate under section 4081(a)(2) is not in effect.”
1990 - Subsec. (a)(2). Pub. L. 101-508, Sec. 11502(a)(1), substituted ‘, plus’ for period at end.
Subsec. (a)(3). Pub. L. 101-508, Sec. 11502(a)(2), added par. (3).
Subsec. (b). Pub. L. 101-508, Sec. 11502(e)(2), which directed the insertion of ‘, and except as provided in subsection (h)’ in introductory provisions without specifying the location of such insertion, was executed after ‘section’ to reflect the probable intent of Congress.
Pub. L. 101-508, Sec. 11502(b)(3), substituted ‘, alcohol credit, and small ethanol producer credit’ for ‘and alcohol credit’ in heading.
Subsec. (b)(4), (5). Pub. L. 101-508, Sec. 11502(b)(1), (2), added par. (4) and redesignated former par. (4) as (5).
Subsec. (d)(3)(C), (D). Pub. L. 101-508, Sec. 11502(d)(1), (2), added subpar. (C), redesignated former subpar. (C) as (D), and substituted ‘subparagraph (A), (B), or (C)’ for ‘subparagraph (A) or (B)’.
Subsec. (e). Pub. L. 101-508, Sec. 11502(f), amended subsec. (e) generally, substituting present provisions for provisions prohibiting the applicability of this section to any sale or use after Dec. 31, 1992, and prohibiting carryovers to any taxable year beginning after Dec. 31, 1994.
Subsec. (g). Pub. L. 101-508, Sec. 11502(c), added subsec. (g).
Subsec. (h). Pub. L. 101-508, Sec. 11502(e)(1), added subsec. (h).
1987 - Subsec. (c). Pub. L. 100-203, Sec. 10502(d)(1), substituted ‘, section 4081(c), or section 4091(c)’ for ‘or section 4081(c)’.
1984 - Pub. L. 98-369, Sec. 471(c), renumbered section 44E of this title as this section.
Subsec. (a). Pub. L. 98-369, Sec. 474(k)(1), substituted ‘For purposes of section 38, the alcohol fuels credit determined under this section for the taxable year is an amount equal to the sum of’ for ‘There shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the sum of’ in introductory provisions.
Subsec. (b)(1)(A), (2)(A). Pub. L. 98-369, Sec. 912(c)(1), substituted ‘60 cents’ for ‘50 cents’.
Subsec. (b)(3). Pub. L. 98-369, Sec. 912(c), substituted ‘45 cents’ for ‘37.5 cents’ and ‘60 cents’ for ‘50 cents’.
Subsec. (c). Pub. L. 98-369, Sec. 913(b), substituted ‘(b)(2), (k), or (m)’ for ‘(b)(2) or (k)’.
Pub. L. 98-369, Sec. 474(k)(2), substituted ‘the credit determined under this section’ for ‘the credit allowable under this section’.
Subsec. (d)(1)(A)(i). Pub. L. 98-369, Sec. 912(f), substituted ‘coal (including peat)’ for ‘coal’.
Subsec. (d)(3)(A). Pub. L. 98-369, Sec. 912(c), substituted ‘60 cents’ for ‘50 cents’ and ‘45 cents’ for ‘37.5 cents’.
Subsec. (d)(3)(A)(i). Pub. L. 98-369, Sec. 474(k)(3), substituted ‘credit was determined’ for ‘credit was allowable’.
Subsec. (d)(3)(B). Pub. L. 98-369, Sec. 912(c), substituted ‘60 cents’ for ‘50 cents’ and ‘45 cents’ for ‘37.5 cents’.
Subsec. (d)(3)(B)(i). Pub. L. 98-369, Sec. 474(k)(3), substituted ‘credit was determined’ for ‘credit was allowable’.
Subsec. (e). Pub. L. 98-369, Sec. 474(k)(4), redesignated subsec. (f) as (e). Former subsec. (e), which had placed a limitation based on the amount of tax, was struck out.
Subsec. (e)(2). Pub. L. 98-369, Sec. 474(k)(5), substituted ‘section 39 by reason of this section (treating the amount allowed by reason of this section as the first amount allowed by this subpart)’ for ‘subsection (e)(2)’.
Subsec. (f). Pub. L. 98-369, Sec. 474(k)(6), added subsec. (f).
Former subsec. (f) redesignated (e).
1983 - Subsec. (b)(1)(A), (2)(A). Pub. L. 97-424, Sec. 511(d)(3)(A), substituted ‘50 cents’ for ‘40 cents’.
Subsec. (b)(3). Pub. L. 97-424, Sec. 511(d)(3), substituted ‘50 cents’ for ‘40 cents’ and ‘37.5 cents’ for ‘30 cents’.
Subsec. (c). Pub. L. 97-424, Sec. 511(b)(2), substituted ‘subsection (b)(2) or (k) of section 4041 or section 4081(c)’ for ‘section 4041(k) or 4081(c)’ after ‘reason of the application of’.
Subsec. (d)(3)(A), (B). Pub. L. 97-424, Sec. 511(d)(3), substituted ‘50 cents’ for ‘40 cents’ and ‘37.5 cents’ for ‘30 cents’.
1982 - Subsec. (d)(5). Pub. L. 97-354, Sec. 5(a)(2), substituted ‘Pass-thru in the case of estates and trusts’ for ‘Pass-through in the case of subchapter S corporations, etc.’ in par. heading, and substituted provisions relating to the applicability of rules similar to rules of subsec. (d) of section 52 for provisions relating to the applicability of rules similar to rules of subsecs. (d) and (e) of section 52.
1981 - Subsec. (e)(2)(A). Pub. L. 97-34, Sec. 207(c)(3), substituted ‘15’ for ‘7’ in two places, and ‘14’ for ‘6’ in one place.
Amendments by Pub. L. 116-94, Div. Q, Sec. 122(a), applicable to qualified second generation biofuel production after December 31, 2017.
Amendment by Pub. L. 115-141, Div. U, Sec. 401(a)(9), effective March 23, 2018.
Amendment by Pub. L. 115-123, Sec. 40406(a), effective for qualified second generation biofuel production after December 31, 2016.
Amendment by Pub. L. 114-113, Div. Q, Sec. 184(a), effective for qualified second generation biofuel production after December 31, 2014.
Amendment by Pub. L. 113-295, Div. A, Sec. 152(a), effective for qualified second generation biofuel production after December 31, 2013.
Amendments by section 404(a) of Pub. L. 112-240 effective as if included in section 15321(b) of the Heartland, Habitat, and Horticulture Act of 2008 [Pub. L. 110-246, effective for fuel produced after December 31, 2008].
Amendments by section 404(b) of Pub. L. 112-240 effective for fuels sold or used on or after the date of enactment of this Act [Enacted: Jan. 2, 2013].
Amendments by section 708(a) of Pub. L. 111-312 effective for periods after December 31, 2010.
Amendments by section 2121(a) of Pub. L. 111-240 effective for fuels sold or used on or after January 1, 2010.
Amendment by section 1408 of Pub. L. 111-152 effective for fuels sold or used on or after January 1, 2010.
Amendment by section 203(a) of Div. B of Pub. L. 110-343 effective for claims for credit or payment made on or after May 15, 2008.
Amendments by section 15321 of Pub. L. 110-246 effective for fuel produced after December 31, 2008.
Amendments by section 15331(a) of Pub. L. 110-246 effective on the date of the enactment of this Act [Effective date: May 22, 2008]. Note that the original provisions of Pub. L. 110-246 were enacted as Pub. L. 110-234 on May 22, 2008, but were repealed by Pub. L. 110-246, Sec. 4, effective May 22, 2008. Sec. 4 of Pub. L. 110-246 provided that:
Amendments by section 15332(a) of Pub. L. 110-246 effective for fuel sold or used after December 31, 2008.
Amendments by section 1347 of Pub. L. 109-58 effective for taxable years ending after the date of the enactment of this Act [Enacted: Aug. 8, 2005].
Amendments by section 301(c)(1) and (2) of Pub. L. 108-357 effective for fuel sold or used after December 31, 2004.
Amendments by section 301(c)(3) and (4) of Pub. L. 108-357 effective on the date of the enactment of this Act [Enacted: Oct. 22, 2004].
Amendment by section 313(a) of Pub. L. 108-357 effective for taxable years ending after the date of the enactment of this Act [Oct. 22, 2004].
Amendment by section 9003(a) of Pub. L. 105-178 effective June 9, 1998.
Amendment by section 9003(b) of Pub. L. 105-178 effective on January 1, 2001.
Section 1703(o) of Pub. L. 104-188, provided that: “Any amendment made by this section shall take effect as if included in the provision of the Revenue Reconciliation Act of 1993 to which such amendment relates.”
Section 11502(h) of Pub. L. 101-508 provided that:
‘(1) Except as provided in paragraph (2), the amendments made by this section (amending this section) shall apply to alcohol produced, and sold or used, in taxable years beginning after December 31, 1990.
‘(2) The amendments made by subsection (g) (amending provisions not classified to the Code) shall apply to articles entered or withdrawn from warehouse on or after January 1, 1991.’
Section 10502(e) of Pub. L. 100-203 provided that: ‘The amendments made by this section (enacting sections 4091 to 4093 of this title, amending this section and sections 4041, 4081, 4101, 4221, 6206, 6416, 6421, 6427, 6652, 9502, 9503, and 9508 of this title, and enacting provisions set out as notes under sections 4091 and 9502 of this title) shall apply to sales after March 31, 1988.’
Amendment by section 474(k) of Pub. L. 98-369 applicable to taxable years beginning after Dec. 31, 1983, and to carrybacks from such years, see section 475(a) of Pub. L. 98-369, set out as a note under section 21 of this title.
Section 912(g) of Pub. L. 98-369 provided that: ‘The amendments made by this section (amending this section and sections 4041, 4081, and 6427 of this title) shall take effect on January 1, 1985.’
Amendment by section 913(b) of Pub. L. 98-369 effective Aug. 1, 1984, see section 913(c) of Pub. L. 98-369, set out as a note under section 4041 of this title.
Amendments by section 511(b)(2), (d)(3) of Pub. L. 97-424 effective Apr. 1, 1983, see section 511(h) of Pub. L. 97-424, set out as a note under section 4041 of this title.
Section 102(d)(2) of Pub. L. 97-448 provided that: “The amendments made by Sec. 207(c)(3) shall not apply to any amount that, under the law in effect on Jan. 11, 1983, could not be carried to a tax year ending in 1981.”
Section 202(e) of Pub. L. 97-448, amended the effective date of Sec. 44E(d)(4)(B), as added by Pub. L. 96-223, Sec. 232(b)(1), effective April 2, 1980.
Amendment by Pub. L. 97-34 applicable to unused credit years ending after Sept. 30, 1980, see section 209(c)(2)(C) of Pub. L. 97-34, set out as an Effective Date note under section 168 of this title.
Section 232(h)(1), (4) of Pub. L. 96-223, as amended by Pub. L. 97-448, title II, Sec. 202(e), Jan. 12, 1983, 96 Stat. 2396, provided that:
‘(1) The amendments made by subsections (b) and (c) (enacting sections 44E (now 40) and 86 of this title and amending sections 55, 381, 383, 4081, and 6096 of this title) shall apply to sales or uses after September 30, 1980, in taxable years ending after such date.
‘(4) Notwithstanding paragraph (1), the provisions of section 44E(d)(4)(B) (now 40(d)(4)(B)) of such Code, as added by this section, shall take effect on April 2, 1980.’
A prior section 40, added Pub. L. 92-178, title VI, Sec. 601(a), Dec. 10, 1971, 85 Stat. 553, and amended Pub. L. 94-455, title XIX, Sec. 1906(b)(13)(A), Oct. 4, 1976, 90 Stat. 1834, which related to the allowance as a credit of expenses of work incentive programs, was repealed by Pub. L. 98-369, div. A, title IV, Sec. 474(m)(1), July 18, 1984, 98 Stat. 833.
Another prior section 40 was renumbered section 35 of this title.