New Alternative Transportation to Give Americans Solutions Act of 2011 - Amends the Internal Revenue Code to: (1) allow an extension through 2016 of the tax credit for alternative fuel motor vehicles powered by compressed or liquefied natural gas and make Indian tribal governments eligible for such credit, (2) allow an offset against regular and alternative minimum tax (AMT) liabilities of tax credits for such vehicles and allow the transferability of such credits, (3) increase the tax credit for the purchase of such vehicles, (4) allow a new business-related tax credit for the production of such vehicles, and (5) extend through 2016 the tax credit for alternative fuel vehicle refueling property expenditures for property servicing such vehicles and allow an increased tax credit rate for such property.
Requires the Secretary of Energy (DOE) to provide funding to improve the performance and efficiency and integration of natural gas-powered motor vehicles and heavy-duty on-road vehicles. Authorizes the Secretary to make grants to manufacturers of light and heavy duty natural gas vehicles for the development of engines that reduce emissions, improve performance and efficiency, and lower cost.
Expresses the sense of Congress the the Environmental Protection Agency (EPA) should further streamline the process for certification of natural gas vehicle retrofit kits to promote energy security while still fulfilling the mission of the Clean Air Act.
Amends the Energy Policy Act of 1992 to allocate funds for vehicles that are repowered or converted to operate on an alternative fuel.
Allocates a federal share for the cost of acquiring vehicle-related equipment or facilities for complying with the Clean Air Act.
Directs the Secretary of Transportation to establish and administer a program to encourage the development of natural gas fueling infrastructure to be used by transit agencies.
Replaces excise tax rates for liquefied natural gas and compressed natural gas with the sum of the Highway Trust Fund and the Natural Gas Transportation Incentives financing rates.
[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1863 Introduced in Senate (IS)]
112th CONGRESS
1st Session
S. 1863
To amend the Internal Revenue Code of 1986 to encourage alternative
energy investments and job creation.
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
November 15, 2011
Mr. Menendez (for himself, Mr. Reid, Mr. Burr, and Mr. Chambliss)
introduced the following bill; which was read twice and referred to the
Committee on Finance
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to encourage alternative
energy investments and job creation.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE, ETC.
(a) Short Title.--This Act may be cited as the ``New Alternative
Transportation to Give Americans Solutions Act of 2011''.
(b) Amendment of 1986 Code.--Except as otherwise expressly
provided, whenever in this Act an amendment or repeal is expressed in
terms of an amendment to, or repeal of, a section or other provision,
the reference shall be considered to be made to a section or other
provision of the Internal Revenue Code of 1986.
(c) Table of Contents.--The table of contents for this Act is as
follows:
Sec. 1. Short title, etc.
TITLE I--PROMOTE THE PURCHASE AND USE OF NGVS WITH AN EMPHASIS ON
HEAVY-DUTY VEHICLES AND FLEET VEHICLES
Sec. 101. Extension and modification of new qualified alternative fuel
motor vehicle credit.
Sec. 102. Allowance of vehicle and infrastructure credits against
regular and minimum tax and transferability
of credits.
Sec. 103. Modification of credit for purchase of vehicles fueled by
compressed natural gas or liquefied natural
gas.
Sec. 104. Modification of definition of new qualified alternative fuel
motor vehicle.
Sec. 105. Providing for the treatment of property purchased by Indian
tribal governments.
TITLE II--PROMOTE PRODUCTION OF NGVS BY ORIGINAL EQUIPMENT
MANUFACTURERS
Sec. 201. Credit for producing vehicles fueled by natural gas or
liquified natural gas.
Sec. 202. Additional vehicles qualifying for the advanced technology
vehicles manufacturing incentive program.
TITLE III--INCENTIVIZE THE INSTALLATION OF NATURAL GAS FUEL PUMPS
Sec. 301. Extension and modification of alternative fuel vehicle
refueling property credit.
Sec. 302. Increase in credit for certain alternative fuel vehicle
refueling properties.
TITLE IV--NATURAL GAS VEHICLES
Sec. 401. Grants for natural gas vehicles research and development.
Sec. 402. Sense of the Congress regarding EPA certification of NGV
retrofit kits.
Sec. 403. Amendment to section 508 of the Energy Policy Act of 1992.
TITLE V--TRANSIT SYSTEMS
Sec. 501. Federal share of costs for equipment for compliance with
Clean Air Act.
Sec. 502. Natural gas transit infrastructure investment.
TITLE VI--USER FEES
Sec. 601. User fees.
TITLE I--PROMOTE THE PURCHASE AND USE OF NGVS WITH AN EMPHASIS ON
HEAVY-DUTY VEHICLES AND FLEET VEHICLES
SEC. 101. EXTENSION AND MODIFICATION OF NEW QUALIFIED ALTERNATIVE FUEL
MOTOR VEHICLE CREDIT.
(a) In General.--Paragraph (4) of section 30B(k) is amended by
inserting ``(December 31, 2016, in the case of a vehicle powered by
compressed or liquefied natural gas)'' before the period at the end.
(b) Effective Date.--The amendment made by subsection (a) shall
apply to property placed in service after the date of the enactment of
this Act.
SEC. 102. ALLOWANCE OF VEHICLE AND INFRASTRUCTURE CREDITS AGAINST
REGULAR AND MINIMUM TAX AND TRANSFERABILITY OF CREDITS.
(a) Business Credits.--Subparagraph (B) of section 38(c)(4) is
amended by striking ``and'' at the end of clause (viii), by striking
the period at the end of clause (ix) and inserting a comma, and by
inserting after clause (ix) the following new clauses:
``(x) the portion of the credit determined
under section 30B which is attributable to the
application of subsection (e)(3) thereof with
respect to new qualified alternative fuel motor
vehicles which are capable of being powered by
compressed or liquefied natural gas, and
``(xi) the portion of the credit determined
under section 30C which is attributable to the
application of subsection (b) thereof with
respect to refueling property which is used to
store and or dispense compressed or liquefied
natural gas.''.
(b) Personal Credits.--
(1) New qualified alternative fuel motor vehicles.--
Subsection (g) of section 30B is amended by adding at the end
the following new paragraph:
``(3) Special rule relating to certain new qualified
alternative fuel motor vehicles.--In the case of the portion of
the credit determined under subsection (a) which is
attributable to the application of subsection (e)(3) with
respect to new qualified alternative fuel motor vehicles which
are capable of being powered by compressed or liquefied natural
gas--
``(A) paragraph (2) shall (after the application of
paragraph (1)) be applied separately with respect to
such portion, and
``(B) in lieu of the limitation determined under
paragraph (2), such limitation shall not exceed the
excess (if any) of--
``(i) the sum of the regular tax liability
(as defined in section 26(b)) plus the
tentative minimum tax for the taxable year,
reduced by
``(ii) the sum of the credits allowable
under subpart A and sections 27 and 30.''.
(2) Alternative fuel vehicle refueling properties.--
Subsection (d) of section 30C is amended by adding at the end
the following new paragraph:
``(3) Special rule relating to certain alternative fuel
vehicle refueling properties.--In the case of the portion of
the credit determined under subsection (a) with respect to
refueling property which is used to store and or dispense
compressed or liquefied natural gas and which is attributable
to the application of subsection (b)--
``(A) paragraph (2) shall (after the application of
paragraph (1)) be applied separately with respect to
such portion, and
``(B) in lieu of the limitation determined under
paragraph (2), such limitation shall not exceed the
excess (if any) of--
``(i) the sum of the regular tax liability
(as defined in section 26(b)) plus the
tentative minimum tax for the taxable year,
reduced by
``(ii) the sum of the credits allowable
under subpart A and sections 27, 30, and the
portion of the credit determined under section
30B which is attributable to the application of
subsection (e)(3) thereof.''.
(c) Credits May Be Transferred.--
(1) Vehicle credits.--Subsection (h) of section 30B is
amended by adding at the end the following new paragraph:
``(11) Transferability of credit.--
``(A) In general.--Except as provided in
subparagraph (B), a taxpayer who places in service any
new qualified alternative fuel motor vehicle which is
capable of being powered by compressed or liquefied
natural gas may transfer the credit allowed under this
section by reason of subsection (e) with respect to
such vehicle through an assignment to the manufacturer,
seller or lessee of such vehicle. Such transfer may be
revoked only with the consent of the Secretary.
``(B) Regulations.--The Secretary shall prescribe
such regulations as necessary to ensure that any credit
transferred under subparagraph (A) is claimed once and
not reassigned by such other person.''.
(2) Infrastructure credit.--Subsection (e) of section 30C
is amended by adding at the end the following new paragraph:
``(7) Transferability of credit.--
``(A) In general.--Except as provided in
subparagraph (B), a taxpayer who places in service any
qualified alternative fuel vehicle refueling property
relating to compressed or liquefied natural gas may
transfer the credit allowed under this section with
respect to such property through an assignment to the
manufacturer, seller or lessee of such property. Such
transfer may be revoked only with the consent of the
Secretary.
``(B) Regulations.--The Secretary shall prescribe
such regulations as necessary to ensure that any credit
transferred under subparagraph (A) is claimed once and
not reassigned by such other person.''.
(d) Effective Date.--The amendments made by this section shall
apply with respect to property placed in service after the date of the
enactment of this Act.
SEC. 103. MODIFICATION OF CREDIT FOR PURCHASE OF VEHICLES FUELED BY
COMPRESSED NATURAL GAS OR LIQUEFIED NATURAL GAS.
(a) Increase in Credit.--Paragraph (2) of section 30B(e) is amended
to read as follows:
``(2) Applicable percentage.--For purposes of paragraph
(1), the applicable percentage with respect to any new
qualified alternative fuel motor vehicle is--
``(A) except as provided in subparagraphs (B) and
(C)--
``(i) 50 percent, plus
``(ii) 30 percent, if such vehicle--
``(I) has received a certificate of
conformity under the Clean Air Act and
meets or exceeds the most stringent
standard available for certification
under the Clean Air Act for that make
and model year vehicle (other than a
zero emission standard), or
``(II) has received an order
certifying the vehicle as meeting the
same requirements as vehicles which may
be sold or leased in California and
meets or exceeds the most stringent
standard available for certification
under the State laws of California
(enacted in accordance with a waiver
granted under section 209(b) of the
Clean Air Act) for that make and model
year vehicle (other than a zero
emission standard),
``(B) 80 percent, in the case of dedicated vehicles
that are only capable of operating on compressed or
liquefied natural gas, dual-fuel vehicles that are only
capable of operating on a mixture of no less than 90
percent compressed or liquefied natural gas, and a bi-
fuel vehicle that is capable of operating a minimum of
85 percent of its total range on compressed or
liquefied natural gas, and
``(C) 50 percent, in the case of vehicles described
subclause (II) or (III) of subsection (e)(4)(A)(i) and
which are not otherwise described in subparagraph (B).
For purposes of the preceding sentence, in the case of any new
qualified alternative fuel motor vehicle which weighs more than
14,000 pounds gross vehicle weight rating, the most stringent
standard available shall be such standard available for
certification on the date of the enactment of the Energy Tax
Incentives Act of 2005.''.
(b) Increased Incentive for Natural Gas Vehicles.--Subsection (e)
of section 30B is amended by adding at the end the following new
paragraph:
``(6) Credit values for natural gas vehicles.--In the case
of new qualified alternative fuel motor vehicles with respect
to vehicles powered by compressed or liquefied natural gas, the
maximum tax credit value shall be--
``(A) $7,500 if such vehicle has a gross vehicle
weight rating of not more than 8,500 pounds,
``(B) $16,000 if such vehicle has a gross vehicle
weight rating of more than 8,500 pounds but not more
than 14,000 pounds,
``(C) $40,000 if such vehicle has a gross vehicle
weight rating of more than 14,000 pounds but not more
than 26,000 pounds, and
``(D) $64,000 if such vehicle has a gross vehicle
weight rating of more than 26,000 pounds.''.
(c) Effective Date.--The amendment made by this section shall apply
to property placed in service after the date of the enactment of this
Act.
SEC. 104. MODIFICATION OF DEFINITION OF NEW QUALIFIED ALTERNATIVE FUEL
MOTOR VEHICLE.
(a) In General.--Clause (i) of section 30B(e)(4)(A) is amended to
read as follows:
``(i) which--
``(I) is a dedicated vehicle that
is only capable of operating on an
alternative fuel,
``(II) is a bi-fuel vehicle that is
capable of operating on compressed or
liquefied natural gas and gasoline or
diesel fuel, or
``(III) is a duel-fuel vehicle that
is capable of operating on a mixture of
compressed or liquefied natural gas and
gasoline or diesel fuel.''.
(b) Conversions and Repowers.--Paragraph (4) of section 30B(e) is
amended by adding at the end the following new subparagraph:
``(C) Conversions and repowers.--
``(i) In general.--The term `new qualified
alternative fuel motor vehicle' includes the
conversion or repower of a new or used vehicle
so that it is capable of operating on an
alternative fuel as it was not previously
capable of operating on an alternative fuel.
``(ii) Treatment as new.--A vehicle which
has been converted to operate on an alternative
fuel shall be treated as new on the date of
such conversion for purposes of this section.
``(iii) Rule of construction.--In the case
of a used vehicle which is converted or
repowered, nothing in this section shall be
construed to require that the motor vehicle be
acquired in the year the credit is claimed
under this section with respect to such
vehicle.''.
(c) Effective Date.--The amendments made by this section shall
apply to property placed in service after the date of the enactment of
this Act.
SEC. 105. PROVIDING FOR THE TREATMENT OF PROPERTY PURCHASED BY INDIAN
TRIBAL GOVERNMENTS.
(a) In General.--Paragraph (6) of section 30B(h) and paragraph (2)
of section 30C(e) are both amended by inserting ``, or an Indian Tribal
Government'' after ``section 50(b)''.
(b) Effective Date.--The amendments made by this section shall
apply to property placed in service after the date of the enactment of
this Act.
TITLE II--PROMOTE PRODUCTION OF NGVS BY ORIGINAL EQUIPMENT
MANUFACTURERS
SEC. 201. CREDIT FOR PRODUCING VEHICLES FUELED BY NATURAL GAS OR
LIQUIFIED NATURAL GAS.
(a) In General.--Subpart D of part IV of subchapter A of chapter 1
is amended by inserting after section 45R the following new section:
``SEC. 45S. PRODUCTION OF VEHICLES FUELED BY NATURAL GAS OR LIQUIFIED
NATURAL GAS.
``(a) In General.--For purposes of section 38, in the case of a
taxpayer who is an original manufacturer of natural gas vehicles, the
natural gas vehicle credit determined under this section for any
taxable year with respect to each eligible natural gas vehicle produced
by the taxpayer during such year is an amount equal to the lesser of--
``(1) 10 percent of the manufacturer's basis in such
vehicle, or
``(2) $4,000.
``(b) Aggregate Credit Allowed.--The aggregate amount of credit
allowed under subsection (a) with respect to a taxpayer for any taxable
year shall not exceed $200,000,000 reduced by the amount of the credit
allowed under subsection (a) to the taxpayer (or any predecessor) for
all prior taxable years.
``(c) Definitions.--For the purposes of this section--
``(1) Eligible natural gas vehicle.--The term `eligible
natural gas vehicle' means a motor vehicle (as defined in
section 30B(h)(1)) that is capable of operating on natural gas
and is described in 30B(e)(4)(A).
``(2) Manufacturer.--The term `manufacturer' has the
meaning given such term in regulations prescribed by the
Administrator of the Environmental Protection Agency for
purposes of title II of the Clean Air Act (42 U.S.C. 7521 et
seq.).
``(d) Special Rules.--For purposes of this section--
``(1) In general.--Rules similar to the rules of
subsections (c), (d), and (e) of section 52 shall apply.
``(2) Controlled groups.--
``(A) In general.--All persons treated as a single
employer under subsection (a) or (b) of section 52 or
subsection (m) or (o) of section 414 shall be treated
as a single producer.
``(B) Inclusion of foreign corporations.--For
purposes of subparagraph (A), in applying subsections
(a) and (b) of section 52 to this section, section 1563
shall be applied without regard to subsection (b)(2)(C)
thereof.
``(C) Verification.--No amount shall be allowed as
a credit under subsection (a) with respect to which the
taxpayer has not submitted such information or
certification as the Secretary, in consultation with
the Secretary of Energy, determines necessary.
``(e) Termination.--This section shall not apply to any vehicle
produced after December 31, 2016.''.
(b) Credit To Be Part of Business Credit.--Section 38(b) is amended
by striking ``plus'' at the end of paragraph (35), by striking the
period at the end of paragraph (36) and inserting ``, plus'', and by
adding at the end the following:
``(37) the natural gas vehicle credit determined under
section 45S(a).''.
(c) Conforming Amendment.--The table of sections for subpart D of
part IV of subchapter A of chapter 1 is amended by inserting after the
item relating to section 45R the following new item:
``Sec. 45S. Production of vehicles fueled by natural gas or liquefied
natural gas.''.
(d) Effective Date.--The amendments made by this section shall
apply to vehicles produced after December 31, 2011.
SEC. 202. ADDITIONAL VEHICLES QUALIFYING FOR THE ADVANCED TECHNOLOGY
VEHICLES MANUFACTURING INCENTIVE PROGRAM.
(a) In General.--Notwithstanding any other provision of law, a
covered vehicle (as defined in subsection (b)) shall be considered an
advanced technology vehicle for purposes of the advanced technology
vehicle incentive program established under section 136 of the Energy
Independence and Security Act of 2007 (42 U.S.C. 17013), and
manufacturers and component suppliers of such covered vehicles shall be
eligible for an award under such section.
(b) Definitions.--As used in this section--
(1) the term ``covered vehicle'' means a light-duty vehicle
or a medium-duty or heavy-duty truck or bus that is only
capable of operating on compressed or liquefied natural gas, a
bi-fueled motor vehicle that is capable of achieving a minimum
of 85 percent of its total range with compressed or liquefied
natural gas, or a dual-fuel vehicle that operates on a mixture
of natural gas and gasoline or diesel fuel but is not capable
of operating on a mixture of less than 75 percent natural gas;
(2) the term ``bi-fuel vehicle'' means a vehicle that is
capable of operating on compressed or liquefied natural gas and
gasoline or diesel fuel; and
(3) the term ``dual-fuel vehicle'' means a vehicle that is
capable of operating on a mixture of compressed or liquefied
natural gas and gasoline or diesel fuel.
TITLE III--INCENTIVIZE THE INSTALLATION OF NATURAL GAS FUEL PUMPS
SEC. 301. EXTENSION AND MODIFICATION OF ALTERNATIVE FUEL VEHICLE
REFUELING PROPERTY CREDIT.
(a) In General.--Subsection (g) of section 30C is amended by
striking ``and'' at the end of paragraph (1), by redesignating
paragraph (2) as paragraph (3), and by inserting after paragraph (1)
the following new paragraph:
``(2) in the case of property relating to compressed or
liquefied natural gas, after December 31, 2016, and''.
(b) Effective Date.--The amendments made by subsection (a) shall
apply to property placed in service after the date of the enactment of
this Act.
SEC. 302. INCREASE IN CREDIT FOR CERTAIN ALTERNATIVE FUEL VEHICLE
REFUELING PROPERTIES.
(a) In General.--Subsection (b) of section 30C is amended to read
as follows:
``(b) Limitation.--The credit allowed under subsection (a) with
respect to all qualified alternative fuel vehicle refueling property
placed in service by the taxpayer during the taxable year at a location
shall not exceed--
``(1) except as provided in paragraph (2), $30,000 in the
case of a property of a character subject to an allowance for
depreciation,
``(2) in the case of compressed natural gas property and
liquefied natural gas property which is of a character subject
to an allowance for depreciation, the lesser of--
``(A) 50 percent of such cost, or
``(B) $100,000, and
``(3) $2,000 in any other case.''.
(b) Effective Date.--The amendment made by this section shall apply
to property placed in service in taxable years beginning after December
31, 2011.
TITLE IV--NATURAL GAS VEHICLES
SEC. 401. GRANTS FOR NATURAL GAS VEHICLES RESEARCH AND DEVELOPMENT.
(a) Research, Development and Demonstration Programs.--The
Secretary shall provide funding to improve the performance and
efficiency and integration of natural gas powered motor vehicles and
heavy-duty on-road vehicles as part of any programs funded pursuant to
section 911 of the Energy Policy Act of 2005 (42 U.S.C. 16191) and also
with respect to funding for heavy-duty engines pursuant to section 754
of the Energy Policy Act of 2005 (42 U.S.C. 16102).
(b) In General.--The Secretary of Energy may make grants to
original equipment manufacturers of light-duty and heavy-duty natural
gas vehicles for the development of engines that reduce emissions,
improve performance and efficiency, and lower cost.
SEC. 402. SENSE OF THE CONGRESS REGARDING EPA CERTIFICATION OF NGV
RETROFIT KITS.
It is the sense of the Congress that the Environmental Protection
Agency should further streamline the process for certification of
natural gas vehicle retrofit kits to promote energy security while
still fulfilling the mission of the Clean Air Act.
SEC. 403. AMENDMENT TO SECTION 508 OF THE ENERGY POLICY ACT OF 1992.
(a) Repower or Converted Alternative Fueled Vehicles Defined.--
Subsection (a) of section 508 of the Energy Policy Act of 1992 (42
U.S.C. 13258) is amended by adding at the end the following new
paragraph:
``(6) Repowered or converted.--The term `repowered or
converted' means modified with a certified or approved engine
or aftermarket system so that the vehicle is capable of
operating on an alternative fuel.''.
(b) Allocation of Credits.--Subsection (b) of section 508 of the
Energy Policy Act of 1992 (42 U.S.C. 13258) is amended by adding at the
end the following new paragraph:
``(3) Repowered or converted vehicles.--Not later than
January 1, 2012, the Secretary shall allocate credits to fleets
or covered persons that repower or convert an existing vehicle
so that it is capable of operating on an alternative fuel. In
the case of any medium-duty or heavy-duty vehicle that is
repowered or converted, the Secretary shall allocate additional
credits for such vehicles if the Secretary determines that such
vehicles displace more petroleum than light-duty alternative
fueled vehicles. The Secretary shall include a requirement that
such vehicles remain in the fleet for a period of no less than
2 years in order to continue to qualify for credit. The
Secretary also shall extend the flexibility afforded in this
section to Federal fleets subject to the purchase provisions
contained in section 303 of this Act.''.
TITLE V--TRANSIT SYSTEMS
SEC. 501. FEDERAL SHARE OF COSTS FOR EQUIPMENT FOR COMPLIANCE WITH
CLEAN AIR ACT.
Section 5323(i) of title 49, United States Code, is amended--
(1) in paragraph (1)--
(A) in the paragraph heading, by striking ``and
clean air act'';
(B) in the first sentence, by striking ``or
vehicle-related'' and all that follows through ``Clean
Air Act''; and
(C) by striking ``those Acts'' each place it
appears and inserting ``the Americans with Disabilities
Act of 1990 (42 U.S.C. 12101 et seq.)'';
(2) by redesignating paragraph (2) as paragraph (3); and
(3) by inserting after paragraph (1) the following:
``(2) Equipment for compliance with clean air act.--
``(A) In general.--A grant for a project to be
assisted under this chapter that involves acquiring
vehicle-related equipment or facilities (including
clean fuel or alternative fuel vehicle-related
equipment or facilities) for purposes of complying with
or maintaining compliance with the Clean Air Act (42
U.S.C. 7401 et seq.) shall be made for--
``(i) 100 percent of the net project cost
of the equipment or facilities attributable to
compliance with that Act for any amounts of not
more than $75,000; and
``(ii) 90 percent of the net project cost
of the equipment or facilities attributable to
compliance with that Act for any amounts of
more than $75,000.
``(B) Costs.--The Secretary shall have discretion
to determine, through practicable administrative
procedures, the costs of equipment or facilities
attributable to compliance with the Clean Air Act (42
U.S.C. 7401 et seq.).''.
SEC. 502. NATURAL GAS TRANSIT INFRASTRUCTURE INVESTMENT.
(a) Establishment.--The Secretary of Transportation shall establish
and administer a program to encourage the development of natural gas
fueling infrastructure to be used by transit agencies.
(b) Use.--Funding provided under the program may be used for the
purpose of building new or expanded fueling facilities, if the
expansion is for the purposes of fueling additional buses with natural
gas.
(c) Competitive Grants.--The Secretary shall--
(1) administer the funding providing under the program on a
competitive basis; and
(2) award funding after an evaluation of project proposals
that includes--
(A) the overall quantity of petroleum to be
displaced over the life of the proposed project;
(B) the amount of private funding or local funding
that is available to offset the cost of the project;
and
(C) the technical and economical feasibility of the
project.
(d) Authorization of Appropriations.--There is authorized to be
appropriated to carry out this section $100,000,000, to remain
available until expended.
TITLE VI--USER FEES
SEC. 601. USER FEES.
(a) Liquefied Natural Gas.--Clause (ii) of section 4041(a)(2)(B) is
amended by striking ``24.3 cents per gallon'' and inserting ``the sum
of the Highway Trust Fund financing rate and the Natural Gas
Transportation Incentives financing rate''.
(b) Compressed Natural Gas.--The second sentence of subparagraph
(A) of section 4041(a)(3) is amended by striking ``18.3 cents per
energy equivalent of a gallon of gasoline'' and inserting ``the sum of
the Highway Trust Fund financing rate and the Natural Gas
Transportation Incentives financing rate''.
(c) Highway Trust Fund Financing Rate and Natural Gas
Transportation Incentives Financing Rate.--Subsection (a) of section
4041 is amended by adding at the end the following new paragraph:
``(4) Highway trust fund financing rate and natural gas
transportation incentives financing rate.--For purposes of this
title--
``(A) Highway trust fund financing rate.--The term
`Highway Trust Fund financing rate' means--
``(i) with respect to liquefied natural
gas, 24.3 cents per gallon, and
``(ii) with respect to compressed natural
gas, 18.3 cents per energy equivalent of a
gallon of gasoline.
``(B) Natural gas transportation incentives
financing rate.--
``(i) In general.--The term `Natural Gas
Transportation Incentives financing rate'
means--
``(I) with respect to liquefied
natural gas, the applicable amount per
gallon, and
``(II) with respect to compressed
natural gas, the applicable amount per
energy equivalent of a gallon of
gasoline.
``(ii) Applicable amount.--For purposes of
clause (i), the applicable amount shall be
determined in accordance with the following
table:
------------------------------------------------------------------------
Applicable
``Calendar year amount
------------------------------------------------------------------------
2014....................................................... 2.5 cents
2015....................................................... 2.5 cents
2016....................................................... 5 cents
2017....................................................... 5 cents
2018....................................................... 10 cents
2019....................................................... 10 cents
2020....................................................... 12.5 cents
2021....................................................... 12.5 cents
2022 and thereafter........................................ zero.
------------------------------------------------------------------------
``(iii) Exemption for fuel dispensed from
certain property.--In the case of liquefied
natural gas or compressed natural gas dispensed
from property for which a credit under section
30C(b)(3) would be allowable, the applicable
amount for any calendar year is zero.''.
(d) Natural Gas Transportation Incentives Financing Rate Deposited
in General Fund.--Paragraph (4) of section 9503 is amended by striking
``or'' at the end of subparagraph (C), by striking the period at the
end of subparagraph (D)(iii) and inserting ``or'', and by adding at the
end the following new subparagraph:
``(E) section 4041 to the extent attributable to
the Natural Gas Transportation Incentives financing
rate.''.
<all>
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