Lineage

Dec 19, 2014 Pub. L. 113–295 Enacted
Dec 19, 2014 Enrolled Bill See what changed
Dec 8, 2014viewing Placed on Calendar Senate Received; read the first time See what changed
Dec 3, 2014 Engrossed in House See what changed
Dec 1, 2014 Introduced in House Mr. Camp introduced the following bill; which was referred to the Committee on Ways and Means, and in addition to the Committees on Education and the Workforce and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned

H.R. 5771 — what changed

Tax Increase Prevention Act of 2014

From Engrossed in House to Placed on Calendar Senate. 1 section amended between Engrossed in House and Placed on Calendar Senate.

Sec. 160 Extension of excise tax credits relating to certain fuels

(a)

Excise tax credits and outlay payments for biodiesel and renewable diesel fuel mixtures—

(1)

Paragraph (6) of section 6426(c) is amended by striking “December 31, 2013” and inserting “December 31, 2014”.

(2)

Subparagraph (B) of section 6427(e)(6) is amended by striking “December 31, 2013” and inserting “December 31, 2014”.

(b)

Extension of alternative fuels excise tax credits—

(1)

changed In general— Sections 6426(d)(5) and 6426(e)(3) are each amended by striking “December 31, 2013” and inserting “December 31, 2014”.

(2)

Outlay payments for alternative fuels— Subparagraph (C) of section 6427(e)(6) is amended by striking “December 31, 2013” and inserting “December 31, 2014”.

(c)

Extension of alternative fuels excise tax credits relating to liquefied hydrogen—

(1)

In general— Sections 6426(d)(5) and 6426(e)(3), as amended by subsection (b), are each amended by striking “(September 30, 2014 in the case of any sale or use involving liquefied hydrogen)”.

(2)

Outlay payments for alternative fuels— Paragraph (6) of section 6427(e) is amended—

(A)

by striking “except as provided in subparagraph (D), any” in subparagraph (C), as amended by this Act, and inserting “any”,

(B)

by striking the comma at the end of subparagraph (C) and inserting “, and”, and

(C)

by striking subparagraph (D) and redesignating subparagraph (E) as subparagraph (D).

(d)

Effective dates—

(1)

In general— Except as provided in paragraph (2), the amendments made by this section shall apply to fuel sold or used after December 31, 2013.

(2)

Liquefied hydrogen— The amendments made by subsection (c) shall apply to fuel sold or used after September 30, 2014.

(e)

Special rule for certain periods during 2014— Notwithstanding any other provision of law, in the case of—

(1)

any biodiesel mixture credit properly determined under section 6426(c) of the Internal Revenue Code of 1986 for periods after December 31, 2013, and before the date of the enactment of this Act, and

(2)

any alternative fuel credit properly determined under section 6426(d) of such Code for such periods,

H.R. 5771 — what changed

Sec. 160 Extension of excise tax credits relating to certain fuels

Cite this provision

Incoming references