,,ii  #aac? ,,congress  #a/ ,session    
,s4 #ajjg  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,may #bb1 #bjac ,mr4   
,k+ 7= himself & ,ms4 ,coll9s7 introduc$
 ! foll[+ bill2 :i* 0 read twice &      
ref]r$ to ! ,committee on ,f9ance  ,a   
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to include biomass heat+  
appliances = tax cr$its available =     
en]gy-effici5t build+ prop]ty & en]gy   
prop]ty4  #a4 ,%ort title ,?is ,act may 
be cit$ z ! ,biomass ,!rmal ,utilization
 ,act ( #bjac or ! ,,btu ,act ( #bjac4  
#b4 ,resid5tial en]gy-effici5t prop]ty  
cr$it = biomass fuel prop]ty exp5ditures
  7a7 ,all[ance ( cr$it ,subsection 7a7 
( section #be;,d ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$--  7#a7 by /rik+ 
& at ! end ( p>agraph 7#d71  7#b7 by    
/rik+ ! p]iod at ! end ( p>agraph 7#e7 &
 ins]t+ 1 &1 &  7#c7 by add+ at ! end ! 
foll[+ new p>agraph3  7#f7 #cj p]c5t ( !
 qualifi$ biomass fuel prop]ty          
exp5ditures made by ! taxpay] dur+ su*  
ye>4  4  7b7 ,qualifi$ biomass fuel     

prop]ty exp5ditures ,subsection 7d7 (   
section #be;,d ( ! ,int]nal ,rev5ue     
,code ( #aihf is am5d$ by add+ at ! end 
! foll[+ new p>agraph3  7#f7 ,qualifi$  
biomass fuel prop]ty exp5diture  7,a7 ,9
 g5]al ,! t]m qualifi$ biomass fuel     
prop]ty exp5diture means an exp5diture =
 prop]ty--  7i7 :i* uses ! burn+ (      
biomass fuel to heat a dwell+ unit      
locat$ 9 ! ,unit$ ,/ates & us$ z a      
resid5ce by ! taxpay]1 or to heat wat] =
 use 9 su* a dwell+ unit1 &  7ii7 :i*   
has a !rmal effici5cy rat+ ( at lea/ #ge
 p]c5t 7measur$ by ! high] heat+ value (
 ! fuel74  7,b7 ,biomass fuel ,=        
purposes ( ?is section1 ! t]m biomass   
fuel means any plant-d]iv$ fuel         
available on a r5ewable or recurr+      
basis1 includ+ agricultural crops &     
trees1 wood & wood wa/e & residues1     
plants 7includ+ aquatic plants71        
grasses1 residues1 & fib]s4 ,su* t]m    
includes d5sifi$ biomass fuels su* z    
wood pellets4  4  7c7 ,effective date ,!
 am5dm5ts made by ?is section %all apply

 to exp5ditures paid or incurr$ 9       
taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjac4  #c4 ,inve/m5t tax cr$it =       
biomass heat+ prop]ty  7a7 ,9 g5]al     
,subp>agraph 7,a7 ( section #dh7;a77#c7 
is am5d$ by /rik+ or at ! end ( clause  
7vi71 by ins]t+ or at ! end ( clause    
7vii71 & by ins]t+ aft] clause 7vii7 !  
foll[+ new clause3  7viii7 op5-loop     
biomass 7)9 ! mean+ ( section           
#de7;c77#c77 heat+ prop]ty1 includ+     
boil]s or furnaces :i* op]ate at !rmal  
output effici5cies ( n less ?an #fe     
p]c5t 7measur$ by ! high] heat+ value ( 
! fuel7 & :i* provide !rmal en]gy 9 ! =m
 ( heat1 hot wat]1 or /eam = space      
heat+1 air condition+1 dome/ic hot wat]1
 or indu/rial process heat1 b only )    
respect to p]iods end+ be=e ,janu>y #a1 
#bjag1  4  7b7 #cj p]c5t & #ae p]c5t    
cr$its  7#a7 ,9 g5]al ,subp>agraph 7,a7 
( section #dh7;a77#b7 is am5d$--  7,a7  
by r$esignat+ clause 7ii7 z clause      
7iii71  7,b7 by ins]t+ aft] clause 7i7 !
 foll[+ new clause3  7ii7 except z      

provid$ 9 clause 7i77,v71 #ae p]c5t 9 ! 
case ( en]gy prop]ty describ$ 9 p>agraph
 7#c77;,a77viii71 &  1 &  7,c7 by ins]t+
 or 7ii7 aft] clause 7i7 9 clause 7iii71
 z s r$esignat$4  7#b7 ,increas$ cr$it =
 great] effici5cy ,clause 7i7 ( section 
#dh7;a77#b77;,a7 is am5d$ by /rik+ & at 
! end ( subclause 7,,iii7 & by ins]t+   
aft] subclause 7,,iv7 ! foll[+ new      
subclause3  7,v7 en]gy prop]ty describ$ 
9 p>agraph 7#c77;,a77viii7 :i* op]ates  
at a !rmal output effici5cy ( n less ?an
 #hj p]c5t 7measur$ by ! high] heat+    
value ( ! fuel71  4  7c7 ,effective date
 ,! am5dm5ts made by ?is section %all   
apply to p]iods aft] ! date ( ! enactm5t
 ( ?is ,act1 9 taxable ye>s end+ aft]   
su* date1 "u rules simil> to ! rules (  
section #dh7m7 ( ! ,int]nal ,rev5ue     
,code ( #aihf 7z 9 effect on ! day be=e 
! date ( ! enactm5t ( ! ,rev5ue         
,reconciliation ,act ( #aiij74