,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #biga  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,augu/ #a1 #bjac ,mr4 
,tonko introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to enc\rage ! deploym5t (
 highly effici5t comb9$ heat & p[]      
prop]ty1 & = o!r purposes4  #a4 ,%ort   
title ,?is ,act may be cit$ z !         
,innovative ,en]gy ,sy/ems ,act ( #bjac4
  #b4 ,inve/m5t tax cr$it = highly      
effici5t comb9$ heat & p[] sy/em prop]ty
  7a7 ,9 g5]al ,clause 7i7 ( section    
#dh7;a77#b77;,a7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by /rik+ & at !  
end ( subclause 7,,iii71 by r$esignat+  
subclause 7,,iv7 z subclause 7,v71 & by 
ins]t+ aft] subclause 7,,iii7 ! foll[+  
new subclause3  7,,iv7 en]gy prop]ty    
describ$ 9 p>agraph 7#c77;,a77viii71 &  
4  7b7 ,treat$ z en]gy prop]ty          
,subp>agraph 7,a7 ( section #dh7;a77#c7 
( su* ,code is am5d$ by /rik+ or at !   
end ( clause 7vi71 by ins]t+ or at ! end

 ( clause 7vii71 & by add+ at ! end !   
foll[+ new clause3  7viii7 highly       
effici5t comb9$ heat & p[] sy/em        
prop]ty1  4  7c7 ,highly effici5t comb9$
 heat & p[] sy/em prop]ty ,subsection   
7c7 ( section #dh ( su* ,code is am5d$  
by add+ at ! end ! foll[+ new p>agraph3 
7#e7 ,highly effici5t comb9$ heat & p[] 
sy/em prop]ty  7,a7 ,highly effici5t    
comb9$ heat & p[] sy/em prop]ty ,! t]m  
highly effici5t comb9$ heat & p[] sy/em 
prop]ty means prop]ty at an indu/rial1  
comm]cial1 or in/itutional facility     
compris+ a sy/em :i*--  7i7 uses ! same 
en]gy s\rce = ! simultane\s or sequ5tial
 g5]ation ( electrical p[]1 me*anical   
%aft p[]1 or bo?1 9 comb9ation ) !      
g5]ation ( /eam or o!r =ms ( useful     
!rmal en]gy 7includ+ heat+ & cool+      
applications71  7ii7 has a sy/em design 
t provides an en]gy effici5cy p]c5tage (
 at lea/ #gj p]c5t1 &  7iii7 is plac$ 9 
s]vice be=e ,janu>y #a1 #bjag4  7,b7    
,limitation  7i7 ,9 g5]al ,9 ! case (   
highly effici5t comb9$ heat & p[] sy/em 

prop]ty ) an electrical capacity 9      
excess ( ! applicable capacity1 ! cr$it 
"u subsection 7a77#a7 7det]m9$ )\t reg>d
 to ?is p>agraph7 ) respect to su*      
prop]ty = ! taxable ye> 9 :i* su*       
prop]ty 0 plac$ 9 s]vice %all n exce$ ! 
am\nt :i* be>s ! same ratio to su* cr$it
 z ! applicable capacity be>s to !      
capacity ( su* prop]ty4  7ii7           
,applicable capacity ,= purposes (      
clause 7i71 ! t]m applicable capacity   
means #be megawatts or a me*anical en]gy
 capacity ( m ?an #cd1jjj horsep[] or an
 equival5t comb9ation ( electrical &    
me*anical capacities4  7,c7             
,in/itutional facility ,! t]m           
in/itutional facility means a hospital  
or a facility ( an educational          
organization describ$ 9 section         
#agj7;b77#a77;,a77ii74  7,d7 ,comm]cial 
facility ,! t]m comm]cial facility %all 
n include any facility ( a utility4  4  
7d7 ,effective date ,! am5dm5ts made by 
?is section %all apply to prop]ty plac$ 
9 s]vice aft] ! date ( ! enactm5t ( ?is 

,act4