EXTENSION OF PROVISIONS RELATED TO ALCOHOL USED AS FUEL.

SEC. 708. EXTENSION OF PROVISIONS RELATED TO ALCOHOL USED AS FUEL.(a) Extension of Income Tax Credit for Alcohol Used as Fuel.—(1) In general.—Paragraph (1) of section 40(e) is amended—(A) by striking “December 31, 2010” in subparagraph (A) and inserting “December 31, 2011”, and(B) by striking “January 1, 2011” in subparagraph (B) and inserting “January 1, 2012”.(2) Reduced amount for ethanol blenders.—Subsection (h) of section 40 is amended by striking “2010” both places it appears and inserting “2011”.(3) Effective date.—The amendments made by this subsection shall apply to periods after December 31, 2010.(b) Extension of Excise Tax Credit for Alcohol Used as Fuel.—(1) In general.—Paragraph (6) of section 6426(b) is amended by striking “December 31, 2010” and inserting “December 31, 2011”.(2) Effective date.—The amendment made by this subsection shall apply to periods after December 31, 2010.(c) Extension of Payment for Alcohol Fuel Mixture.—(1) In general.—Subparagraph (A) of section 6427(e)(6) is amended by striking “December 31, 2010” and inserting “December 31, 2011”.(2) Effective date.—The amendment made by this subsection shall apply to sales and uses after December 31, 2010.(d) Extension of Additional Duties on Ethanol.—(1) In general.—Headings 9901.00.50 and 9901.00.52 of the Harmonized Tariff Schedule of the United States are each amended in the effective period column by striking “1/1/2011” and inserting “1/1/2012”.(2) Effective date.—The amendments made by this subsection shall take effect on January 1, 2011.