While the Democrats Manager's Amendment to H.R. 3962 (see post below) contains many anticipated revisions to the reform legisation, TheHill.com points out that the Manager's Amendment includes at least one section, entitled "Second Generation Biofuel Producer Credit" (see page 14 of the Amendment), which one may not expect to see in a health reform bill.
The Second Generation Biofuel provision is based on a bill introduced by Rep. Chris Van Hollen (D-Md.) (The Second Generation Biofuel Producer Tax Credit Act of 2009 (H.R. 3985)). The following is a statement posted yesterday (November 3rd) on Rep. Van Hollen's website:
“The Second Generation Biofuel Producer Tax Credit Act will modernize the existing cellulosic biofuel tax credit while ensuring that taxpayers get the biggest bang for their renewable energy buck by making clear that only qualified, non-food feedstocks capable of powering America’s energy future are able to claim the credit.
“In addition to supporting homegrown renewable energy, it is my hope that this legislation will be added to the Manager’s Amendment for the House health care reform package making its way to the floor this week so that the savings generated by these improvements can help pay for health care for all Americans.”