,i  #aac? ,,congress  #b;d ,session  ,h4
 ,r4 #dgdj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,may #bb1 #bjad ,mr4  
,re$ 7= himself1 ,mr4 ,pascrell1 ,mr4   
,nunes1 & ,mr4 ,l>son ( ,connecticut7   
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to modify ! depreciation  
recov]y p]iod = en]gy-effici5t cool ro( 
sy/ems4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,ro(+ ,effici5cy ,jobs ,act 
( #bjad4  #b4 ,depreciation recov]y     
p]iod = c]ta9 ro( sy/ems  7a7 #bj-,ye>  
recov]y p]iod  7#a7 ,9 g5]al            
,subp>agraph 7,f7 ( section #afh7;e77#c7
 ( ! ,int]nal ,rev5ue ,code ( #aihf     
7relat+ to classification ( c]ta9       
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 cool ro( replacem5t      

prop]ty4  4  7#b7 ,qualifi$             
en]gy-effici5t cool ro( replacem5t      
prop]ty ,section #afh7;e7 ( su* ,code is
 am5d$ by add+ at ! end ! foll[+ new    
p>agraph3  7#i7 ,qualifi$ en]gy-effici5t
 cool ro( replacem5t prop]ty  7,a7 ,9   
g5]al ,! t]m qualifi$ en]gy-effici5t    
cool ro( replacem5t prop]ty means any   
ro( sy/em--  7i7 :i* is plac$ 9 s]vice--
  7,i7 above condition$ or semiheat$    
space on an eligible comm]cial build+1 &
  7,,ii7 aft] ! date ( ! enactm5t ( ?is 
p>agraph1  7ii7 :i* replaces an exi/+   
ro( sy/em1  7iii7 :i* is a l[-slope ro( 
7a slope equal to or less !n #b3ab71    
7iv7 :i* includes--  7,i7 insulation :i*
 meets or exce$s ! m9imum prescriptive  
requirem5ts 9 tables ,a-#a to ,a-#i 9 ! 
,normative ,app5dix ,a ( ,,a%rae ,/&>d  
#ahi4a-bjaa1 &  7,,ii7 9 ! case ( an    
eligible comm]cial build+ locat$ 9 a    
climate zone o!r ?an climate zone #f1   
#g1 or #h 7z specifi$ 9 ,,a%rae ,/&>d   
#ahi4a-bjaa71 a prim>y ro( cov]+ :i* has
 a cool ro( surface4  7,b7 ,cool ro(    

surface ,! t]m cool ro( surface means a 
ro( ! ext]ior surface ( :i*--  7i7 has a
 #c-ye>-ag$ sol> reflectance ( at lea/  
#j4ee & a #c-ye>-ag$ !rmal emittance (  
at lea/ #j4ge1 z det]m9$ 9 accordance ) 
! ,cool ,ro( ,rat+ ,c\ncil ,,crrc-#a    
,product ,rat+ ,program1 or  7ii7 has a 
#c-ye>-ag$ sol> reflectance index       
7,,sri7 ( at lea/ #fd1 z det]m9$ 9      
accordance ) ,,a/m ,/&>d ,e#aihj1       
det]m9$--  7,i7 us+ a m$ium-w9d-spe$    
convection coeffici5t ( #ab ,w_/m#b,k1 &
  7,,ii7 us+ ! values = #c-ye>-ag$ sol> 
reflectance & #c-ye>-ag$ !rmal emittance
 det]m9$ 9 accordance ) ! ,cool ,ro(    
,rat+ ,c\ncil ,,crrc-#a ,product ,rat+  
,program4  7,c7 ,ro( sy/em ,! t]m ro(   
sy/em means a sy/em ( ro( compon5ts1    
includ+ ro( insulation & a membrane or  
prim>y ro( cov]+1 b n includ+ ! ro(     
deck1 design$ to wea!r-pro( & improve ! 
!rmal resi/ance ( a build+4  7,d7       
,comm]cial build+ ,! t]m comm]cial      
build+ means any build+ :i*--  7i7 is )9
 ! scope ( ,,a%rae ,/&>d #ij4a-bjaj1    

7ii7 is locat$ 9 ! ,unit$ ,/ates1  7iii7
 ) respect to :i* depreciation 7or      
amortization 9 lieu ( depreciation7 is  
all[able1 &  7iv7 0 plac$ 9 s]vice prior
 to ! ro( sy/em replacem5t4  7,e7       
,,a%rae ,! t]m ,,a%rae means ! ,am]ican 
,society ( ,heat+1 ,refrig]at+ &        
,air-,condition+ ,eng9e]s4  4  7b7      
,requirem5t ,to use /raight l9e me?od   
,p>agraph 7#c7 ( section #afh7;b7 ( su* 
,code is am5d$ by add+ at ! end ! foll[+
 new subp>agraph3  7,j7 ,any qualifi$   
en]gy-effici5t cool ro( replacem5t      
prop]ty4  4  7c7 ,alt]native sy/em ,!   
table conta9$ 9 section                 
#afh7;g77#c77;,b7 ( su* ,code is am5d$  
by /rik+ ! la/ item & ins]t+ ! foll[+   
new items3  7,f77i7#be 7,f77ii7#bg4e4 4 
7d7 ,depreciation rules = c]ta9 qualifi$
 en]gy-,effici5t cool ro( replacem5t    
prop]ty = purposes ( comput+ ! e>n+s &  
pr(its ( a real e/ate inve/m5t tru/     
7#a7 ,9 g5]al ,p>agraph 7#c7 ( section  
#cab7k7 ( su* ,code is am5d$ by add+ at 
! end ! foll[+ new subp>agraph3  7,c7   

,treatm5t ( qualifi$ en]gy effici5t cool
 ro( replacem5t prop]ty ,9 ! case ( any 
qualifi$ en]gy-effici5t cool ro(        
replacem5t prop]ty 7)9 ! mean+ ( section
 #afh7;e77#i771 ! adju/m5t =            
depreciation to e>n+s & pr(its ( a real 
e/ate inve/m5t tru/ = any taxable ye>   
%all be det]m9$ "u ! alt]native         
depreciation me?od 7)9 ! mean+ ( section
 #afh7;g77#b771 except t ! recov]y p]iod
 %all be #bj ye>s4  4  7#b7 ,con=m+     
am5dm5t ,subp>agraph 7,a7 ( section     
#cab7k77#c7 ( su* ,code is am5d$ by     
/rik+ subp>agraph 7,b71 & ins]t+        
subp>agraphs 7,b7 & 7,c714  7e7         
,effective date ,! am5dm5ts made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ! date ( ! enactm5t ( ?is   
,act4