,i  #aacth ,,congress  #ast ,session    
,h4 ,r4 #beci  ,,in ,,the ,,house ,,of  
,,representatives  ,june #bg1 #bjac ,ms4
 ,schakowsky 7for herself1 ,mr4 ,braley 
of ,iowa1 ,mr4 ,cartwright1 ,mr4        
,delaney1 ,mr4 ,ellison1 ,mr4 ,grijalva1
 ,mr4 ,hastings of ,florida1 ,mr4 ,holt1
 ,mr4 ,huffman1 ,ms4 ,lee of            
,california1 ,mr4 ,loebsack1 ,ms4       
,lofgren1 ,ms4 ,mc,collum1 ,mr4 ,george 
,miller of ,california1 ,mr4 ,moran1    
,mr4 ,pocan1 ,mr4 ,takano1 and ,ms4     
,wilson of ,florida7 introduced the     
following bill2 which was referred to   
the ,committee on ,ways and ,means  ,a  
,,bill  ,to amend the ,internal ,revenue
 ,code of #aihf to extend certain       
provisions of the renewable energy      
credit1 and for other purposes4  #a4    
,short title ,this ,act may be cited as 
the ,prioritizing ,energy ,efficient    
,renewables ,act of #bjac4  #b4 ,certain
 provisions of renewable energy credit  
made permanent  7a7 ,wind ,paragraph    
7#a7 of section #de7;d7 of the ,internal

 ,revenue ,code of #aihf is amended by  
striking 1 and the construction of which
 begins before ,january #a1 #bjad4  7b7 
,geothermal ,paragraph 7#d77;,b7 of     
section #de7;d7 of such ,code is amended
 by striking the construction of which  
begins before ,january #a1 #bjad and    
inserting is originally placed in       
service after ,october #bb1 #bjjd4  7c7 
,hydropower ,paragraph 7#i77;,a7 of     
section #de7;d7 of such ,code is amended
 by striking and before ,january #a1    
#bjad both places it appears in clauses 
7i7 and 7ii74  7d7 ,marine ,paragraph   
7#aa77;,b7 of section #de;d of such     
,code is amended by striking and the    
construction of which begins before     
,january #a1 #bjad4  7e7 ,conforming    
amendment ,section #de7;d77#i7 of such  
,code is amended by striking            
subparagraph 7,c74  7f7 ,effective date 
,the amendments made by this section    
shall apply to property placed in       
service after ,december #ca1 #bjac4  #c4
 ,repeal of deduction for intangible    

drilling and development costs in the   
case of oil and gas wells  7a7 ,in      
general ,subsection 7c7 of section #bfc 
of the ,internal ,revenue ,code of #aihf
 is amended by adding at the end the    
following new sentence3 ,this subsection
 shall not apply to amounts paid or     
incurred in any taxable year beginning  
after ,december #ca1 #bjac1 by a        
taxpayer in the case of oil and gas     
wells44  7b7 ,effective date ,the       
amendment made by this section shall    
apply to amounts paid or incurred in    
taxable years beginning after ,december 
#ca1 #bjac4  #d4 ,repeal of deduction   
for oil and gas income attributable to  
domestic production activities  7a7 ,in 
general ,section #aii7;c77#d77;,b7 of   
the ,internal ,revenue ,code of #aihf is
 amended by striking and at the end of  
clause 7ii71 by striking the period at  
the end of clause 7iii7 and inserting 1 
and1 and by inserting after clause 7iii7
 the following3  7iv7 the production1   
refining1 transportation1 or            

distribution of oil1 natural gas1 or any
 primary product 7within the meaning of 
section #ibg7;a77#b77;,c71 as in effect 
before its repeal74  4  7b7 ,conforming 
amendment ,section #aii7;d7 of such     
,code is amended by striking paragraph  
7#i74  7c7 ,effective date ,the         
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjac4  #e4 ,repeal of   
percentage depletion for oil and gas    
7a7 ,in general ,section #faa7;a7 of the
 ,internal ,revenue ,code of #aihf is   
amended by striking oil and gas wells4  
7b7 ,conforming amendments  7#a7        
,section #fac of such ,code is amended  
by adding at the end the following3  7f7
 ,termination relating to oil and gas   
,this section shall not apply with      
respect to any oil or gas well in       
taxable years beginning after ,december 
#ca1 #bjac4  4  7#b7 ,part ,i of        
subchapter ,i of chapter #a of the      
,internal ,revenue ,code of #aihf is    
amended by striking section #fac;,a 7and

 by striking the item relating to such  
section in the table of sections for    
such part74  7c7 ,effective date ,the   
amendments made by this section shall   
apply to taxable years beginning after  
,december #ca1 #bjac4