,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #beih  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,june #bh1 #bjac ,mr4 
,langev9 7= himself1 ,mr4 ,blum5au]1 &  
,mr4 ,wel*7 introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,ways &    
,means  ,a ,,bill  ,to am5d ! ,int]nal  
,rev5ue ,code ( #aihf to r$uce !        
depreciation recov]y p]iods = en]gy     
effici5t comm]cial build+s1 & = o!r     
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,build+ ,effici5tly ,act ( 
#bjac4  #b4 ,%ort] depreciation recov]y 
p]iods = en]gy effici5t build+s  7a7    
#be-,ye> recov]y p]iod = en]gy effici5t 
nonresid5tial real prop]ty  7#a7 ,9     
g5]al ,section #afh7;e77#c7 ( ! ,int]nal
 ,rev5ue ,code ( #aihf is am5d$ by      
ins]t+ aft] subp>agraph 7,f7 ! foll[+   
new subp>agraph3  7,g7 #be-ye> prop]ty  
,! t]m #be-ye> prop]ty means any        
qualifi$ en]gy effici5t nonresid5tial   
real prop]ty4  4  7#b7 ,qualifi$ en]gy  
effici5t nonresid5tial real prop]ty     
def9$ ,subsection 7i7 ( section #afh (  

su* ,code is am5d$ by add+ at ! end !   
foll[+3  7#bj7 ,qualifi$ en]gy effici5t 
nonresid5tial real prop]ty  7,a7 ,9     
g5]al ,! t]m qualifi$ en]gy effici5t    
nonresid5tial real prop]ty means a      
build+ :i* is nonresid5tial real prop]ty
 :i* is describ$ 9 subp>agraph 7,b71    
7,c71 or 7,d74  7,b7 ,new or recon/ruct$
 build+ ,a build+ is describ$ 9 ?is     
subp>agraph if--  7i7 ! c]tification    
requirem5ts ( subp>agraph 7,e7 ) respect
 to ! build+ are met1  7ii7 ! orig9al   
use ( ! build+ comm5ces ) ! taxpay]1 &  
7iii7 ! build+ is plac$ 9 s]vice aft] ! 
date ( ! enactm5t ( ?is p>agraph4  7,c7 
,improvem5ts to exi/+ build+ ,a build+  
is describ$ 9 ?is subp>agraph if1 only  
aft] improvem5ts are made to ! build+-- 
7i7 ! c]tification requirem5ts (        
subp>agraph 7,e7 ) respect to ! build+  
are met1  7ii7 ! orig9al use ( ! improv$
 build+ comm5ces ) ! taxpay]1  7iii7 !  
improv$ build+ is plac$ 9 s]vice aft] ! 
date ( ! enactm5t ( ?is p>agraph1 &     
7iv7 ! taxpay] elects to ! application (

 ?is p>agraph ) respect to ! build+4    
7,d7 ,build+s acquir$ by pur*ase ,a     
build+ is describ$ 9 ?is subp>agraph if 
! build+--  7i7 is acquir$ by pur*ase f 
an unrelat$ p]son1  7ii7 meets !        
c]tification requirem5ts ( subp>agraph  
7,e71 &  7iii7 is plac$ 9 s]vice aft] ! 
date ( ! enactm5t ( ?is p>agraph4  7,e7 
,c]tification requirem5ts ,! requirem5ts
 ( ?is subp>agraph are met if1 ) respect
 to a build+1 ! build+ is c]tifi$ 9     
accordance ) section #agi;,d7d77#f7 z   
be+ con/ruct$1 recon/ruct$1 or          
retr(itt$1 z ! case may be1 "u a plan   
design$ to r$uce en]gy & p[] consumption
 ( ! build+ by #dj p]c5t or m 9         
comp>ison to--  7i7 9 ! case a retr(its 
made to an exi/+ build+1 ! basel9e      
annual en]gy & p[] consumption ( !      
build+1 or  7ii7 9 any o!r case1 a      
ref]5ce build+ :i* meets ! m9imum       
requirem5ts ( ,/&>d #ij4a-bjjd us+      
me?ods ( calculation "u section         
#agi;,d7d77#b74  7,f7 ,basel9e annual   
en]gy & p[] consumption ,! basel9e      

annual en]gy & p[] consumption ( any    
build+ %all be det]m9$ by us+--  7i7 a  
build+ en]gy p]=mance b5*m>k+ tool      
designat$ = purposes ( ?is p>agraph by !
 ,adm9i/rator ( ! ,environm5tal         
,protection ,ag5cy1 :i* is bas$ ^u en]gy
 & p[] consumption data dur+ ! #a-ye>   
p]iod end+ on ! date on :i* retr(its "u 
! plan are plac$ 9 s]vice1 or  7ii7 su* 
o!r me?ods ( calculation z c]tifi$ by ! 
,secret>y 9 accordance ) #agi;,d7d77#c74
  7,g7 ,/&>d #ij4a-bjjd ,! t]m ,/&>d    
#ij4a-bjjd means ,/&>d #ij4a-bjjd ( !   
,am]ican ,society ( ,heat+1 ,refrig]at+1
 & ,air ,condition+ ,eng9e]s & !        
,illum9at+ ,eng9e]+ ,society ( ,nor?    
,am]ica 7z 9 effect on ,july #cj1       
#bjab74  7,h7 ,relat$ p]sons ,= purposes
 ( subp>agraph 7,d71 a p]son is relat$  
to ano!r p]son if--  7i7 ! p]sons are   
memb]s ( an affiliat$ gr\p 7z def9$ 9   
section #aejd71 or  7ii7 ! p]sons h a   
relation%ip describ$ 9 subsection 7b7 ( 
section #bfg2 except t1 = purposes ( ?is
 clause1 ! phrase #hj p]c5t or m %all be

 sub/itut$ = ! phrase m ?an #ej p]c5t   
ea* place x appe>s 9 su* subsection &   
rules simil> to ! rules ( subsections   
7c7 & 7e7 7o!r ?an p>agraphs 7#d7 & 7#e7
 !re(7 %all apply4  7,i7 ,d5ial ( d\ble 
b5efit ,if ?is section applies to a     
build+ by reason ( subsection           
7e77#c77;,g71 ! d$uction "u section     
#agi;,d %all n be all[$4  4  7b7        
#bj-,ye> recov]y p]iod = en]gy effici5t 
resid5tial r5tal prop]ty  7#a7 ,9 g5]al 
,subp>agraph 7,f7 ( section #afh7;e77#c7
 ( su* ,code 7relat+ to #bj-ye> prop]ty7
 is am5d$ to read z foll[s3  7,f7       
#bj-ye> prop]ty ,! t]m #bj-ye> prop]ty  
means--  7i7 initial cle>+ & grad+ l&   
improvem5ts ) respect to any electric   
utility transmission & di/ribution      
plant1 &  7ii7 any qualifi$ en]gy       
effici5t resid5tial r5tal prop]ty4  4   
7#b7 ,qualifi$ en]gy effici5t resid5tial
 r5tal prop]ty def9$ ,subsection 7i7 (  
section #afh ( su* ,code1 z am5d$ by    
subsection 7a71 is am5d$ by add+ at !   
end ! foll[+3  7#ba7 ,qualifi$ en]gy    

effici5t resid5tial r5tal prop]ty  7,a7 
,9 g5]al ,! t]m qualifi$ en]gy effici5t 
nonresid5tial real prop]ty means a      
build+ :i* is resid5tial r5tal prop]ty  
:i* is describ$ 9 subp>agraph 7,b71     
7,c71 or 7,d74  7,b7 ,new or recon/ruct$
 build+ ,a build+ is describ$ 9 ?is     
subp>agraph if--  7i7 ! c]tification    
requirem5ts ( subp>agraph 7,e7 ) respect
 to ! build+ are met1  7ii7 ! orig9al   
use ( :i* comm5ces ) ! taxpay]1 &  7iii7
 ! build+ is plac$ 9 s]vice aft] ! date 
( ! enactm5t ( ?is p>agraph4  7,c7      
,improvem5ts to exi/+ build+ ,a build+  
is describ$ 9 ?is subp>agraph if1 only  
aft] improvem5ts are made to ! build+-- 
7i7 ! c]tification requirem5ts (        
subp>agraph 7,e7 ) respect to ! build+  
are met1  7ii7 ! orig9al use ( ! improv$
 build+ comm5ces ) ! taxpay]1  7iii7 !  
improv$ build+ is plac$ 9 s]vice aft] ! 
date ( ! enactm5t ( ?is p>agraph1 &     
7iv7 ! taxpay] elects to ! application (
 ?is p>agraph ) respect to ! build+4    
7,d7 ,build+s acquir$ by pur*ase ,a     

build+ is describ$ 9 ?is subp>agraph if 
! build+--  7i7 is acquir$ by pur*ase f 
an unrelat$ p]son1  7ii7 meets !        
c]tification requirem5ts ( subp>agraph  
7,e71 &  7iii7 is plac$ 9 s]vice aft] ! 
date ( ! enactm5t ( ?is p>agraph4  7,e7 
,c]tification requirem5ts ,! requirem5ts
 ( ?is subp>agraph are met if1 ) respect
 to a build+1 ! build+ is c]tifi$ 9     
accordance ) section #de,l7d7 z be+     
con/ruct$1 recon/ruct$1 or retr(itt$1 z 
! case may be1 "u a plan design$ to     
r$uce en]gy & p[] consumption ( ! build+
 by #dj p]c5t or m 9 comp>ison to--  7i7
 9 ! case a retr(its made to an exi/+   
build+1 ! basel9e annual en]gy & p[]    
consumption ( ! build+1 or  7ii7 9 any  
o!r case1 a ref]5ce build+ :i* meets !  
m9imum requirem5ts ( ! ,int]national    
,en]gy ,cons]vation ,code #bjjd us+     
me?ods ( calculation "u section         
#de,l7d74  7,f7 ,basel9e annual en]gy & 
p[] consumption ,! basel9e annual en]gy 
& p[] consumption ( any build+ %all be  
det]m9$ by us+--  7i7 a build+ en]gy    

p]=mance b5*m>k+ tool designat$ =       
purposes ( ?is p>agraph by !            
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy1 :i* is bas$ ^u en]gy
 & p[] consumption data dur+ ! #a-ye>   
p]iod end+ on ! date on :i* retr(its "u 
! plan are plac$ 9 s]vice1 or  7ii7 su* 
o!r me?ods ( calculation z c]tifi$ by ! 
,secret>y 9 accordance ) #de,l7d74  7,g7
 ,relat$ p]sons ,= purposes (           
subp>agraph 7,d71 a p]son is relat$ to  
ano!r p]son if--  7i7 ! p]sons are      
memb]s ( an affiliat$ gr\p 7z def9$ 9   
section #aejd71 or  7ii7 ! p]sons h a   
relation%ip describ$ 9 subsection 7b7 ( 
section #bfg2 except t1 = purposes ( ?is
 clause1 ! phrase #hj p]c5t or m %all be
 sub/itut$ = ! phrase m ?an #ej p]c5t   
ea* place x appe>s 9 su* subsection &   
rules simil> to ! rules ( subsections   
7c7 & 7e7 7o!r ?an p>agraphs 7#d7 & 7#e7
 !re(7 %all apply4  7,h7 ,d5ial ( d\ble 
b5efit ,if ?is section applies to a     
build+ by reason ( subsection           
7e77#c77;,f77ii71 ! d$uction "u section 

#agi;,d %all n be all[$4  4  7c7 ,con=m+
 am5dm5ts  7#a7 ,! table conta9$ 9      
section #afh7;c7 ( su* ,code is am5d$ by
 ins]t+ aft] ! item relat+ to #bj-ye>   
prop]ty ! foll[+ new item3  #be-ye>     
prop]ty#be ye>s  4  7#b7 ,! table       
conta9$ 9 section #dfg7;e77#c77;,a7 (   
su* ,code is am5d$--  7,a7 by ins]t+ :i*
 is n #be-ye> prop]ty aft] nonresid5tial
 real prop]ty1 &  7,b7 by ins]t+ aft] ! 
item relat+ to resid5tial r5tal prop]ty 
& nonresid5tial real prop]ty ! foll[+   
new item3  #be-ye> prop]ty#ai ye>s4  4  
7#c7 ,clauses 7iv71 7v71 & 7ix7 (       
section #afh7;e77#c77;,e7 ( su* ,code   
are ea* am5d$ by ins]t+ 7n describ$ 9   
subp>agraph 7,g77 aft] prop]ty4  7d7    
,requirem5t ,to use /raight l9e me?od   
,p>agraph 7#c7 ( section #afh7;b7 ( su* 
,code 7relat+ to prop]ty to :i* /raight 
l9e me?od applies7 is am5d$ by          
r$esignat+ subp>agraphs 7,f71 7,g71     
7,h71 & 7,i7 z subp>agraphs 7,g71 7,h71 
7,i71 & 7,j71 respectively1 & by ins]t+ 
aft] subp>agraph 7,e7 ! foll[+ new      

subp>agraph3  7,f7 ,prop]ty describ$ 9  
subsection 7e77#c77;,f77ii7 or          
subsection 7e77#c77;,g74  4  7e7        
,alt]native sy/em ,! table conta9$ 9    
section #afh7;g77#c77;,b7 ( su* ,code is
 am5d$ by /rik+ ! item relat+ to        
subp>agraph 7,f7 & ins]t+ ! foll[+ new  
items3  7,f77i7#be   7,f77ii7#bj        
7,g7#be  4  7f7 ,effective ,date ,!     
am5dm5ts made by ?is section %all apply 
to prop]ty plac$ 9 s]vice aft] ,decemb] 
#ca1 #bjab4