,,ii #aacth ,,congress #ast ,session ,s4 #fef ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,march #bb1 #bjac ,mr4 ,casey introduced the following bill2 which was read twice and referred to the ,committee on ,finance ,a ,,bill ,to promote the domestic development and deployment of natural gas and clean energy technologies4 #a4 ,short title ,this ,act may be cited as the ,natural ,gas ,energy and ,alternatives ,rewards ,act or the ,,ngear ,act4 #b4 ,purpose ,the purpose of this ,act is to establish clean energy policies that-- 7#a7 provide market certainty to drive private and commercial capital investment in clean energy options2 7#b7 promote clean energy technologies that will-- 7,a7 lead to increased production1 diversity1 and dissemination of energy generation2 and 7,b7 enable the ,united ,states to bridge the gap from foreign energy imports to secure1 domestically produced energy2 and 7#c7 contain clean energy incentives that will-- 7,a7 provide for ongoing increases in energy demands2 7,b7 support the growth of jobs and businesses in ,america2 and 7,c7 reduce vehicular petroleum use and emissions4 #c4 ,extension of alternative fuels excise tax credits 7a7 ,in general ,sections #fdbf7;d77#e7 and #fdbf7;e77#c7 of the ,internal ,revenue ,code of #aihf are each amended by striking ,december #ca1 #bjac 7,september #cj1 #bjad1 in the case of any sale or use involving liquefied hydrogen7 and inserting ,december #ca1 #bjaf4 7b7 ,conforming amendments for direct payments ,paragraph 7#f7 of section #fdbg7;e7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 by adding and at the end of subparagraph 7,b71 and 7#b7 by striking subparagraphs 7,c7 and 7,d7 and inserting the following new subparagraph3 7,c7 any alternative fuel or alternative fuel mixture 7as defined in subsection 7d77#b7 or 7e77#c7 of section #fdbf7 sold or used after ,december #ca1 #bjaf4 4 7c7 ,effective date ,the amendments made by this section shall apply to fuel sold or used after ,december #ca1 #bjac4 #d4 ,extension and modification of alternative fuel vehicle refueling property credit 7a7 ,in general ,paragraph 7#a7 of section #cj;,c7g7 of the ,internal ,revenue ,code of #aihf is amended to read as follows3 7#a7 in the case of property of a character subject to an allowance for depreciation1 after ,december #ca1 #bjaf1 and 4 7b7 ,effective date ,the amendment made by this section shall apply to property placed in service after ,december #ca1 #bjac4 #e4 ,natural ,gas ,energy and ,alternatives ,rebates ,program ,section #djj;,,cc of the ,energy ,policy and ,conservation ,act 7#db ,u4,s4,c4 #fcgd;b7 is amended to read as follows3 #djj;,,cc4 ,alternative fuels bus program 7a7 ,definitions ,in this section3 7#a7 ,alternative fuel ,the term alternative fuel means natural gas1 liquid petroleum gas1 hydrogen1 or fuel cell4 7#b7 ,alternatively fueled bus ,the term alternatively fueled bus means-- 7,a7 a school bus 7as defined in section #cij4e of title #di1 ,code of ,federal ,regulations7 that operates on alternative fuel2 7,b7 a multifunction school activity bus 7as defined in section #ega4c of title #di1 ,code of ,federal ,regulations7 that operates on alternative fuel2 or 7,c7 a motor vehicle that-- 7i7 provides public transportation 7as defined in section #ecjb7;a77#aj7 of title #di1 ,united ,states ,code72 and 7ii7 operates on alternative fuel4 7#c7 ,eligible entity ,the term eligible entity means-- 7,a7 a public or private entity providing transportation exclusively for school students1 personnel1 and equipment2 or 7,b7 a public entity providing mass transit services to the public4 7b7 ,rebate program 7#a7 ,in general ,the ,secretary of ,transportation shall establish the ,natural ,gas ,energy and ,alternatives ,rebates ,program 7referred to in this section as the ,,ngear ,program7 to subsidize the purchase of alternatively fueled buses by eligible entities4 7#b7 ,amounts ,an eligible entity that purchases an alternatively fueled bus during the period beginning on the date of the enactment of the ,,ngear ,act and ending on ,december #ca1 #bjaf1 is eligible to receive a rebate from the ,department of ,transportation in an amount equal to the lesser of-- 7,a7 #cj percent of the purchase price of the alternatively fueled bus2 or 7,b7 #ae1jjj4 7#c7 ,application ,eligible entities desiring a rebate under this subsection shall submit an application to the ,secretary of ,transportation that contains copies of relevant sales invoices and any additional information that the ,secretary of ,transportation may require4 4