SA 3713. Mr. HARKIN submitted an amendment intended to be proposed to amendment SA 3500 proposed by Mr. HARKIN (for himself, Mr. CHAMBLISS, Mr. BAUCUS, and Mr. GRASSLEY) to the bill H.R. 2419, to provide for the continuation of agricultural programs through fiscal year 2012, and for other purposes; which was ordered to lie on the table; as follows:


On page 1491, between lines 11 and 12, insert the following:
SEC. 12319. CERTAIN INCOME AND GAINS RELATING TO ALCOHOL FUELS AND MIXTURES, BIODIESEL FUELS AND MIXTURES, AND ALTERNATIVE FUELS AND MIXTURES TREATED AS QUALIFYING INCOME FOR PUBLICLY TRADED PARTNERSHIPS.
(a) In General.--Subparagraph (E) of section 7704(d)(1) (defining qualifying income) is amended by inserting ``, or the transportation or storage of any fuel described in subsection (b), (c), (d), or (e) of section 6426, any alcohol fuel as defined in section 6426(b)(4)(A) (including any neat alcohol fuel), or any biodiesel fuel as defined in section 40A(d)(1)(A) (including neat biodiesel fuel)'' after ``timber''.
(b) Effective Date.--The amendment made by this section shall take effect on the date of the enactment of this Act, in taxable years ending after such date.


(As printed in the Congressional Record for the Senate on Nov 15, 2007.)