,,ii #aac? ,,congress #b;d ,session ,s4 #bhef ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,septemb] #ah1 #bjad ,mr4 ,m55dez 7= himself1 ,mr4 ,c>d91 & ,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 modify ! cr$it = production ( electricity f r5ewable res\rces = c]ta9 op5-loop biomass & tra% facilities plac$ 9 s]vice be=e ! date ( ! enactm5t ( ?is ,act4 #a4 ,special rule = c]ta9 facilities 7a7 ,9 g5]al ,section #de7;e7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ab7 ,special rule = c]ta9 qualifi$ facilities 7,a7 ,9 g5]al ,9 ! case ( electricity produc$ at a qualifi$ facility describ$ 9 p>agraph 7#c7 or 7#g7 ( subsection 7d7 & plac$ 9 s]vice be=e ! date ( ! enactm5t ( ?is p>agraph1 a taxpay] may elect to apply subsection 7a77#b77;,a77ii7 by sub/itut+ ! p]iod beg9n+ aft] ,decemb] #ca1 #bjac1 & end+ be=e ,janu>y #a1 #bjaf = ! #aj-ye> p]iod beg9n+ on ! date ! facility 0 orig9ally plac$ 9 s]vice4 7,b7 ,limitation ,no cr$it %all be all[$ "u subsection 7a7 to any taxpay] mak+ an election "u ?is p>agraph ) respect to electricity produc$ & sold at a facility dur+ any p]iod :i*1 :5 aggregat$ ) all o!r p]iods = :i* a cr$it is all[$ "u ?is section ) respect to electricity produc$ & sold at su* facility1 is 9 excess ( #aj ye>s4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all take effect on ,janu>y #a1 #bjad4