Page:United States Statutes at Large Volume 98 Part 1.djvu/1055

 PUBLIC LAW 98-369—JULY 18, 1984

98 STAT. 1007

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(i) by striking out "and (e)" in clause (i) and inserting in lieu thereof "(e), and (g)", and (ii) by striking out "fuel used" each place it appears and inserting in lieu thereof "fuel used (or a qualified diesel powered highway vehicle purchased)". (E) Subsection (k)(2) of section 6427 (as so redesignated) is amended by striking out "(g)(2)" and inserting in lieu gn... thereof "(h)(2)". (F) Subsection (m) of section 6427 (as so redesignated) is amended by striking out "and (d)" each place it appears and fim ' inserting in lieu thereof "(d), and (g)". (G) Sections 7210, 7603, 76G4(b), 7604(c)(2), 7605(a), sV ' g. 7609(c)(1), and 7610(c) are each amended by striking out "6427(h)(2)" each place it appears and inserting in lieu thereof "6427(i)(2)". (e) EFFECTIVE DATE.—The amendments made by this section shall take effect on August 1, 1984.

Ante, p. 1005.

26 USC 7210, 7603-7605,7609, 26 USC 6427 note.

SEC. 912. DECREASE IN TAX IMPOSED ON GASOHOL. (a) AMENDMENT OF SECTION 4041.—Paragraph (1) of section 4041(k) 26 USC 4041, j^^? (relating to fuels containing alcohol) is amended to read as follows: "(1) IN GENERAL.—Under regulations prescribed by the Secretary, in the case of the sale or use of any liquid at least 10 percent of which consists of alcohol (as defined in section u. 4081(c)(3))— •••' -' -^ ^ "(A) subsection (a)(1) shall be applied by substituting '9 ^ " J,, 1,, cents' for '15 cents', and "(B) subsection (a)(2) shall be applied by substituting '3 cents' for '9 cents', and T' < •' ^ «^Q ^^ ^^^ shall be imposed by subsection (c).". Ob) AMENDMENTS OF SECTION 4081.—Subsection (c) of section 4081 26 USC 4081. (relating to imposition of tax on petroleum products), as amended by title VII of this Act, is amended— (A) by striking out "4 cents" each place it appears and inserting in lieu thereof "3 cents", (B) by striking out "4% cents" and inserting in lieu thereof " 3 % cents", and (C) by striking out "4% cents" and inserting in lieu thereof " 5 % cents". (c) CREDIT FOR ALCOHOL USED AS A FUEL.—Section 40 (relating to

Ante, p. 826.

alcohol used as a fuel) (as amended by title IV of this Act) is amended— (1) by striking out "50 cents" each place it appears and inserting in lieu thereof "60 cents", and (2) by striking out "37.5 cents" each place it appears and inserting in lieu thereof "45 cents". (d) AMENDMENT OF SECTION 6427.—Paragraph (1) of section 6427(f) 26 USC 6427. (relating to gasoline used to produce certain alcohol fuels) is amended by striking out "4% cents" and inserting in lieu thereof " 5 % cents"'. (e) TARIFF IMPORTED FOR USE AS A FUEL.—Item 901.50 of the Tariff Schedules of the United States (19 U.S.C. 1202) is amended by striking out "50 cents per gal." each place it appears and inserting in lieu thereof "60 cents per gal.". if) DEFINITION OF ALCOHOL.—Sections 40(d)(l)(A)(i) (as amended by Ante, p. 826. title IV of this Act) and 4081(c)(3) (defining alcohol) are each 26 USC 4081.

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