,i  #aad? ,,congress  #a/ ,session  ,h4 
,r4 #djdj  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ag1 #bjae   
,mr4 ,blum5au] 7= himself1 ,ms4 ,edw>ds1
 ,mr4 ,mc,dermott1 ,mr4 ,pascrell1 ,mr4 
,honda1 ,mr4 ,van ,holl51 ,ms4          
,mc,collum1 ,mr4 ,l[5?al1 ,mr4 ,t$ ,lieu
 ( ,cali=nia1 ,mr4 ,higg9s1 ,mr4 ,neal1 
,ms4 ,l9da ,t4 ,sn*ez ( ,cali=nia1 ,ms4 
,lee1 ,mr4 ,quigley1 ,mr4 ,c>twright1   
,ms4 ,norton1 ,mr4 ,rangel1 ,mr4        
,huffman1 & ,mr4 ,grijalva7 introduc$ ! 
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to modify & ext5d c]ta9 tax       
inc5tives relat+ to en]gy4  #a4 ,%ort   
title1 etc  7a7 ,%ort title ,?is ,act   
may be cit$ z ! ,bridge to a ,clean     
,en]gy ,future ,act ( #bjae4  7b7       
,am5dm5t ( #aihf ,code ,except z o!rwise
 expressly provid$1 :5ev] 9 ?is ,act an 
am5dm5t or repeal is express$ 9 t]ms (  
an am5dm5t to1 or repeal (1 a section or
 o!r provision1 ! ref]5ce %all be       

consid]$ to be made to a section or o!r 
provision ( ! ,int]nal ,rev5ue ,code (  
#aihf4  7c7 ,table ( cont5ts ,! table ( 
cont5ts = ?is ,act is z foll[s3 ,sec4   
#a4 ,%ort title1 etc4 ,title            
,i--,ext5sion & ,modification ( ,en]gy  
,tax ,provisions ,sec4 #aja4 ,ext5sion &
 modification ( cr$it = nonbus9ess en]gy
 prop]ty4 ,sec4 #ajb4 ,ext5sion ( cr$it 
= new qualifi$ fuel cell motor vehicles4
 ,sec4 #ajc4 ,ext5sion ( cr$it =        
alt]native fuel vehicle refuel+ prop]ty4
 ,sec4 #ajd4 ,ext5sion ( second g5]ation
 bi(uel produc] cr$it4 ,sec4 #aje4      
,ext5sion & re=m ( biodiesel tax        
inc5tives4 ,sec4 #ajf4 ,ext5sion (      
cr$its ) respect to facilities produc+  
en]gy f c]ta9 r5ewable res\rces4 ,sec4  
#ajg4 ,ext5sion ( cr$it = en]gy-effici5t
 new homes4 ,sec4 #ajh4 ,ext5sion (     
special all[ance = second g5]ation      
bi(uel plant prop]ty4 ,sec4 #aji4       
,ext5sion & modification ( en]gy        
effici5t comm]cial build+s d$uction4    
,sec4 #aaj4 ,ext5sion ( special rule =  

sales or dispositions to implem5t ,,f]c 
or ,/ate electric re/ructur+ policy =   
qualifi$ electric utilities4 ,sec4 #aaa4
 ,ext5sion ( excise tax cr$its relat+ to
 alt]native fuels4 ,title               
,,ii--,additional ,provisions ,sec4     
#bja4 ,ext5sion ( en]gy cr$it = c]ta9   
prop]ty "u con/ruction4 ,sec4 #bjb4     
,modifications 9 cr$it = comb9$ heat &  
p[] sy/em prop]ty4 ,sec4 #bjc4 ,en]gy   
cr$it = wa/e heat to p[] prop]ty4 ,sec4 
#bjd4 ,inve/m5t tax cr$it = community   
w9d projects hav+ g5]ation capacity ( n 
m ?an #bj megawatts4 ,sec4 #bje4        
,ext5sion ( publicly trad$ p>tn]%ip     
own]%ip /ructure to en]gy p[] g5]ation  
projects1 transportation fuels1 & relat$
 en]gy activities4 ,sec4 #bjf4          
,additional advanc$ en]gy manufactur+   
cr$it allocations4 ,title ,,iii--,end+  
,oil & ,gas ,tax ,subsidies ,sec4 #cja4 
,amortization ( geological & geophysical
 exp5ditures4 ,sec4 #cjb4 ,produc+ oil &
 gas f m>g9al wells4 ,sec4 #cjc4        
,enhanc$ oil recov]y cr$it4 ,sec4 #cjd4 

,intangible drill+ & developm5t co/s 9 !
 case ( oil & gas wells4 ,sec4 #cje4    
,repeal ( p]c5tage depletion = oil & gas
 wells4 ,sec4 #cjf4 ,repeal ( d$uction =
 t]ti>y injectants4 ,sec4 #cjg4 ,repeal 
( exception to passive loss limitations 
= work+ int]e/s 9 oil & gas prop]ties4  
,sec4 #cjh4 ,d$uction = income          
attributable to dome/ic production      
activities n all[$ ) respect to oil &   
gas activities4 ,sec4 #cji4 ,prohibition
 on us+ la/-91 fir/-out acc\nt+ = oil & 
gas companies4 ,sec4 #caj4              
,modifications ( =eign tax cr$it rules  
applicable to dual capacity taxpay]s4   
,i ,ext5sion & ,modification ( ,en]gy   
,tax ,provisions  #aja4 ,ext5sion &     
modification ( cr$it = nonbus9ess en]gy 
prop]ty  7a7 ,9 g5]al ,p>agraph 7#b7 (  
section #be;,c7g7 is am5d$ by /rik+     
,decemb] #ca1 #bjad & ins]t+ ,decemb]   
#ca1 #bjaf4  7b7 ,updat$ ,en]gy ,/>     
requirem5ts = w9d[s1 doors1 skylights1 &
 ro(+  7#a7 ,9 g5]al ,p>agraph 7#a7 (   
section #be;,c7c7 is am5d$ by /rik+ :i* 

meets & all t foll[s ?r\gh requirem5ts74
  7#b7 ,en]gy effici5t build+ envelope  
compon5t ,subsection 7c7 ( section      
#be;,c is am5d$ by r$esignat+ p>agraphs 
7#b7 & 7#c7 z p>agraphs 7#c7 & 7#d71    
respectively1 & by ins]t+ aft] p>agraph 
7#a7 ! foll[+ new p>agraph3  7#b7 ,en]gy
 effici5t build+ envelope compon5t ,!   
t]m en]gy effici5t build+ envelope      
compon5t means a build+ envelope        
compon5t :i* meets-- 7,a7 applicable    
,en]gy ,/> program requirem5ts1 9 ! case
 ( a ro( or ro( products1  7,b7 v]sion  
#f4j ,en]gy ,/> program requirem5ts1 9 !
 case ( an ext]ior w9d[1 a skylight1 or 
an ext]ior door1 &  7,c7 ! prescriptive 
crit]ia = su* compon5t e/abli%$ by !    
#bjji ,int]national ,en]gy ,cons]vation 
,code1 z su* ,code 7includ+ supplem5ts7 
is 9 effect on ! date ( ! enactm5t ( !  
,am]ican ,recov]y & ,re9ve/m5t ,tax ,act
 ( #bjji1 9 ! case ( any o!r compon5t4  
4  7#c7 ,con=m+ am5dm5t ,subp>agraph    
7,d7 ( section #be;,c7c77#c71 z s       
r$esignat$1 is am5d$ to read z foll[s3  

7,d7 any ro( or ro( products :i* are    
in/all$ on a dwell+ unit & are          
specifically & prim>ily design$ to r$uce
 ! heat ga9 ( su* dwell+ unit4  4  7c7  
,sep>ate /&>ds = tankless & /orage wat] 
heat]s  7#a7 ,9 g5]al ,subp>agraph 7,d7 
( section #be;,c7d77#c7 is am5d$ by     
/rik+ :i* has ei!r & all t foll[s &     
ins]t+ 8:i* has ei!r--  7i7 9 ! case ( a
 /orage wat] heat]1 an en]gy factor ( at
 lea/ #j4hj or a !rmal effici5cy ( at   
lea/ #ij p]c5t1 &  7ii7 9 ! case ( any  
o!r wat] heat]1 an en]gy factor ( at    
lea/ #j4ij or a !rmal effici5cy ( at    
lea/ #ij p]c5t1 &  4  7#b7 ,/orage wat] 
heat]s ,p>agraph 7#c7 ( section         
#be;,c7d7 is am5d$ by add+ at ! end !   
foll[+ flu% s5t5ce3 ,= purposes (       
subp>agraph 7,d77i71 ! t]m /orage wat]  
heat] means a wat] heat] t has a wat]   
/orage capacity ( m ?an #bj gallons b n 
m ?an #ee gallons4 4  7d7 ,modification 
( te/+ /&>ds = biomass /oves            
,subp>agraph 7,e7 ( section             
#be;,c7d77#c7 is am5d$ by ins]t+ be=e ! 

p]iod ! foll[+3 1 :5 te/$ us+ ! high]   
heat+ value ( ! fuel & 9 accordance ) ! 
,canadian ,/&>ds ,adm9i/ration ,b#dae4a 
te/ protocol4  7e7 ,sep>ate /&>d = oil  
hot wat] boil]s ,p>agraph 7#d7 ( section
 #be;,c7d7 is am5d$ by /rik+ #ie &      
ins]t+ #ie 7#ij 9 ! case ( an oil hot   
wat] boil]74  7f7 ,in/allation co/s =   
qualifi$ en]gy effici5cy improvem5ts    
,p>agraph 7#a7 ( subsection 7c7 (       
section #be;,c is am5d$ by add+ at ! end
 ! foll[+ flu% s5t5ce3  ,su* t]m        
includes exp5ditures = labor co/s       
prop]ly allocable to ! onsite           
prep>ation1 assembly1 or orig9al        
in/allation ( ! compon5t4 4  7g7        
,effective date ,! am5dm5ts made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ,decemb] #ca1 #bjad4  #ajb4 
,ext5sion ( cr$it = new qualifi$ fuel   
cell motor vehicles  7a7 ,9 g5]al       
,p>agraph 7#a7 ( section #cj;,b7k7 is   
am5d$ by /rik+ ,decemb] #ca1 #bjad &    
ins]t+ ,decemb] #ca1 #bjaf4  7b7        
,effective date ,! am5dm5t made by ?is  

section %all apply to prop]ty pur*as$   
aft] ,decemb] #ca1 #bjad4  #ajc4        
,ext5sion ( cr$it = alt]native fuel     
vehicle refuel+ prop]ty  7a7 ,9 g5]al   
,subsection 7g7 ( section #cj;,c is     
am5d$ by /rik+ ,decemb] #ca1 #bjad &    
ins]t+ ,decemb] #ca1 #bjaf4  7b7        
,effective date ,! am5dm5t made by ?is  
section %all apply to prop]ty plac$ 9   
s]vice aft] ,decemb] #ca1 #bjad4  #ajd4 
,ext5sion ( second g5]ation bi(uel      
produc] cr$it  7a7 ,9 g5]al ,clause 7i7 
( section #dj7;b77#f77;,j7 is am5d$ by  
/rik+ ,janu>y #a1 #bjae & ins]t+ ,janu>y
 #a1 #bjag4  7b7 ,effective date ,!     
am5dm5t made by ?is subsection %all     
apply to qualifi$ second g5]ation bi(uel
 production aft] ,decemb] #ca1 #bjad4   
#aje4 ,ext5sion & re=m ( biodiesel tax  
inc5tives  7a7 ,income tax cr$it  7#a7  
,ext5sion  7,a7 ,cr$its = biodiesel &   
r5ewable diesel us$ z fuel ,subsection  
7g7 ( section #dj;,a is am5d$ by /rik+  
,decemb] #ca1 #bjad & ins]t+ ,decemb]   
#ca1 #bjaf4  7,b7 ,effective date ,!    

am5dm5t made by ?is p>agraph %all apply 
to fuel sold or us$ aft] ,decemb] #ca1  
#bjad4  7#b7 ,re=m ( income tax cr$it   
7,a7 ,9 g5]al ,s mu* ( section #dj;,a z 
prec$es subsection 7c7 is am5d$ to read 
z foll[s3  #dj;,a4 ,biodiesel fuels     
cr$it  7a7 ,9 g5]al ,= purposes (       
section #ch1 9 ! case ( an eligible     
taxpay]1 ! biodiesel fuels cr$it det]m9$
 "u ?is section = ! taxable ye> is #a4jj
 = ea* gallon ( biodiesel produc$ by !  
taxpay] :i* dur+ ! taxable ye>--  7#a7  
is sold by ! produc] ( su* biodiesel to 
ano!r p]son-- 7,a7 = use by su* o!r     
p]son's trade or bus9ess z a fuel or 9 !
 production ( a biodiesel mixture 7o!r  
?an casual (f-f>m production71 or  7,b7 
:o sells su* biodiesel at retail to     
ano!r p]son & places su* biodiesel 9 !  
fuel tank ( su* o!r p]son1 or  7#b7 is  
us$ by su* produc] = any purpose        
describ$ 9 p>agraph 7#a74  7b7 ,increas$
 cr$it = small produc]s  7#a7 ,9 g5]al  
,9 ! case ( any eligible small biodiesel
 produc]1 subsection 7a7 %all be appli$ 

by increas+ ! doll> am\nt conta9$ !re9  
by #aj c5ts4  7#b7 ,limitation ,p>agraph
 7#a7 %all only apply ) respect to !    
fir/ #ae1jjj1jjj gallons ( biodiesel    
produc$ by any eligible small biodiesel 
produc] dur+ any taxable ye>4  4  7,b7  
,def9itions & special rules ,section    
#dj;,a7d7 is am5d$ by /rik+ all t foll[s
 p>agraph 7#a7 & ins]t+ ! foll[+3  7#b7 
,eligible taxpay]  7,a7 ,9 g5]al ,! t]m 
eligible taxpay] means1 ) respect to any
 gallon ( biodiesel1 ! produc] ( su*    
gallon if su* produc] has paid ! tax    
impos$ by section #djha on su*          
biodiesel4  7,b7 ,special rule =        
eligible discretion>y bl5d]s ,= purposes
 ( ?is section 7o!r ?an subsection 7b771
 an eligible discretion>y bl5d] %all be 
treat$ z ! produc] ( any gallon (       
biodiesel :i* is us$ to make a qualifi$ 
biodiesel mixture if--  7i7 ! produc] ( 
su* biodiesel 7det]m9$ )\t reg>d to ?is 
subp>agraph7-- 7,i7 did n pay ! tax     
impos$ "u section #djha ) respect to su*
 gallon1 &  7,,ii7 assigns ! cr$it all[$

 "u ?is section to ! eligible           
discretion>y bl5d] 9 su* =m & mann] z   
provid$ by ! ,secret>y1 &  7ii7 su*     
eligible discretion>y bl5d] pays ! tax  
impos$ "u section #djha ) respect to su*
 gallon4  ,= purposes ( ! prec$+ s5t5ce1
 an eligible discretion>y bl5d] %all be 
treat$ z produc+ a gallon ( biodiesel 9 
! taxable ye> 9 :i* ! sale or use ( !   
qualifi$ biodiesel mixture occurs4  7,c7
 ,eligible discretion>y bl5d] ,=        
purposes ( subp>agraph 7,b71 ! t]m      
eligible discretion>y bl5d] means any   
p]son :o-- 7i7 is regi/]$ "u section    
#daja z a bl5d] ( qualifi$ biodiesel    
mixtures1 &  7ii7 has us$ #aj1jjj1jjj or
 m gallons ( biodiesel 9 ! production ( 
qualifi$ biodiesel mixtures 9 ! prec$+  
taxable ye>4  7#c7 ,biodiesel mixture2  
qualifi$ biodiesel mixture  7,a7        
,biodiesel mixture ,! t]m biodiesel     
mixture means a mixture :i* consi/s (   
biodiesel & diesel fuel 7z def9$ 9      
section #djhc7;a77#c771 det]m9$ )\t     
reg>d to any use ( k]os5e4  7,b7        

,qualifi$ biodiesel mixture  7i7 ,9     
g5]al ,! t]m qualifi$ biodiesel mixture 
means a biodiesel mixture :i* is produc$
 by an eligible discretion>y bl5d] &--  
7,i7 sold by su* eligible discretion>y  
bl5d] to any p]son = use z a fuel1 or   
7,,ii7 us$ by su* eligible discretion>y 
bl5d] z a fuel4  7ii7 ,sale or use mu/  
be 9 trade or bus9ess1 etc ,a biodiesel 
mixture %all n be treat$ z a qualifi$   
biodiesel mixture unless ! sale or use  
describ$ 9 clause 7i7 is 9 a trade or   
bus9ess ( ! eligible discretion>y bl5d]4
  7#d7 ,biodiesel n us$ = a qualifi$    
purpose ,if-- 7,a7 any cr$it 0 det]m9$ )
 respect to any biodiesel "u ?is        
section1 &  7,b7 any p]son uses su*     
biodiesel = a purpose n describ$ 9      
subsection 7a71  !n !re is h]eby impos$ 
on su* p]son a tax equal to ! product ( 
! rate applicable "u subsection 7a7 & ! 
numb] ( gallons ( su* biodiesel4  7#e7  
,pass-?ru 9 ! case ( e/ates & tru/s ,"u 
regulations prescrib$ by ! ,secret>y1   
rules simil> to ! rules ( subsection 7d7

 ( section #eb %all apply4  7#f7        
,limitation to biodiesel ) connection to
 ! unit$ /ates ,no cr$it %all be det]m9$
 "u subsection 7a7 ) respect to         
biodiesel unless su* biodiesel is       
produc$ 9 ! ,unit$ ,/ates4 ,= purposes (
 ?is p>agraph1 ! t]m ,unit$ ,/ates      
includes any possession ( ! ,unit$      
,/ates4  4  7,c7 ,rules = small         
biodiesel produc]s  7i7 ,9 g5]al        
,section #dj;,a7e7 is am5d$-- 7,i7 by   
/rik+ agri-biodiesel ea* place x appe>s 
9 p>agraphs 7#a7 & 7#e77;,a7 & ins]t+   
biodiesel1  7,,ii7 by /rik+ subsection  
7b77#d77;,c7 ea* place x appe>s 9       
p>agraphs 7#b7 & 7#c7 & ins]t+          
subsection 7b77#b71 &  7,,iii7 by /rik+ 
subsection 7a77#c7 ea* place x appe>s 9 
p>agraphs 7#e77;,a71 7#f77;,a77i71 &    
7#f77;,b77i7 & ins]t+ subsection 7b74   
7ii7 ,! head+ = subsection 7e7 ( section
 #dj;,a is am5d$ by /rik+ agri-biodiesel
 & ins]t+ biodiesel4  7iii7 ,! head+s = 
p>agraphs 7#a7 & 7#f7 ( section         
#dj;,a7e7 are ea* am5d$ by /rik+        

agri-biodiesel & ins]t+ biodiesel4  7,d7
 ,con=m+ am5dm5ts relat$ to r5ewable    
diesel ,section #dj;,a7f7 is am5d$-- 7i7
 by /rik+ ,subsection 7b77#d7 & ins]t+  
,subsection 7b71 &  7ii7 by /rik+       
p>agraph 7#d7 & ins]t+ ! foll[+3  7#d7  
,c]ta9 aviation fuel ,except z provid$ 9
 ! la/ #c s5t5ces ( p>agraph 7#c71 ! t]m
 r5ewable diesel %all include fuel d]iv$
 f biomass :i* meets ! requirem5ts ( a  
,dep>tm5t ( ,def5se specification =     
milit>y jet fuel or an ,am]ican ,society
 = ,te/+ & ,mat]ials specification =    
aviation turb9e fuel4  4  7,e7          
,regi/ration ( eligible discretion>y    
bl5d]s ,section #daja7;a77#a7 is am5d$--
 7i7 by /rik+ & be=e e p]son produc+    
second g5]ation bi(uel1 &  7ii7 by      
ins]t+ 1 & e p]son produc+ qualifi$     
biodiesel mixtures 7z def9$ 9 section   
#dj;,a7d77#c77 #aj1jjj1jjj or m gallons 
p] ye> aft] section #dj7;b77#f77;,e774  
7,f7 ,cl]ical am5dm5t ,! table (        
sections = subp>t ,d ( "p ,,iv (        
sub*apt] ,a ( *apt] #a is am5d$ by /rik+

 ! item relat+ to section #dj;,a &      
ins]t+ ! foll[+ new item3  ,sec4 #dj;,a4
 ,biodiesel fuels cr$it4  4  7,g7       
,effective date ,! am5dm5ts made by ?is 
p>agraph %all apply to fuel sold or us$ 
aft] ,decemb] #ca1 #bjae4  7b7 ,excise  
tax inc5tives  7#a7 ,ext5sion  7,a7 ,9  
g5]al ,p>agraph 7#f7 ( section #fdbf7;c7
 is am5d$ by /rik+ ,decemb] #ca1 #bjad &
 ins]t+ ,decemb] #ca1 #bjaf4  7,b7      
,paym5ts ,subp>agraph 7,b7 ( section    
#fdbg7;e77#f7 is am5d$ by /rik+ ,decemb]
 #ca1 #bjad & ins]t+ ,decemb] #ca1      
#bjaf4  7,c7 ,effective date ,! am5dm5ts
 made by ?is p>agraph %all apply to fuel
 sold or us$ aft] ,decemb] #ca1 #bjad4  
7,d7 ,special rule = c]ta9 p]iods dur+  
#bjae ,not)/&+ any o!r provision ( law1 
9 ! case ( any biodiesel mixture cr$it  
prop]ly det]m9$ "u section #fdbf7;c7 ( !
 ,int]nal ,rev5ue ,code ( #aihf = p]iods
 aft] ,decemb] #ca1 #bjad1 & on or be=e 
! la/ day ( ! fir/ cal5d> qu>t] end+    
aft] ! date ( ! enactm5t ( ?is ,act1 su*
 cr$it %all be all[$1 & any refund or   

paym5t attributable to su* cr$it        
7includ+ any paym5t "u section #fdbg7;e7
 ( su* ,code7 %all be made1 only 9 su*  
mann] z ! ,secret>y ( ! ,treasury 7or ! 
,secret>y's delegate7 %all provide4 ,su*
 ,secret>y %all issue guidance )9 #cj   
days aft] ! date ( ! enactm5t ( ?is ,act
 provid+ = a "o-"t submission ( claims  
cov]+ p]iods describ$ 9 ! prec$+ s5t5ce4
 ,su* guidance %all provide = a         
#ahj-;day p]iod = ! submission ( su*    
claims 79 su* mann] z prescrib$ by su*  
,secret>y7 to beg9 n lat] ?an #cj days  
aft] su* guidance is issu$4 ,su* claims 
%all be paid by su* ,secret>y n lat] ?an
 #fj days aft] receipt4 ,if su*         
,secret>y has n paid pursuant to a claim
 fil$ "u ?is subsection )9 #fj days aft]
 ! date ( ! fil+ ( su* claim1 ! claim   
%all be paid ) int]e/ f su* date det]m9$
 by us+ ! ov]paym5t rate & me?od "u     
section #ffba ( su* ,code4  7#b7 ,re=m (
 excise tax cr$it  7,a7 ,9 g5]al        
,subsection 7c7 ( section #fdbf is      
am5d$-- 7i7 by /rik+ all t prec$es      

p>agraph 7#f7 & ins]t+ ! foll[+3  7c7   
,biodiesel production cr$it  7#a7 ,9    
g5]al ,= purposes ( ?is section1 9 !    
case ( an eligible taxpay]1 ! biodiesel 
production cr$it is #a4jj = ea* gallon (
 biodiesel produc$ by ! taxpay] & :i*-- 
7,a7 is sold by su* produc] to ano!r    
p]son-- 7i7 = use by su* o!r p]son's    
trade or bus9ess z a fuel or 9 !        
production ( a biodiesel mixture 7o!r   
?an casual (f-f>m production71 or  7ii7 
:o sells su* biodiesel at retail to     
ano!r p]son & places su* biodiesel 9 !  
fuel tank ( su* o!r p]son1 or  7,b7 is  
us$ by su* produc] = any purpose        
describ$ 9 subp>agraph 7,a74  7#b7      
,special rule = eligible discretion>y   
bl5d]s ,= purposes ( ?is subsection &   
section #fdbg7;e77#c71 an eligible      
discretion>y bl5d] %all be treat$ z !   
produc] ( any gallon ( biodiesel :i* is 
us$ to make a qualifi$ biodiesel mixture
 if--  7,a7 ! produc] ( su* biodiesel   
7det]m9$ )\t reg>d to ?is subp>agraph7--
 7i7 did n pay ! tax impos$ "u section  

#djha ) respect to su* gallon1 &  7ii7  
assigns ! cr$it all[$ "u ?is section to 
! eligible discretion>y bl5d] 9 su* =m &
 mann] z provid$ by ! ,secret>y1 &  7,b7
 su* eligible discretion>y bl5d] pays ! 
tax impos$ "u section #djha ) respect to
 su* gallon4  ,= purposes ( ! prec$+    
s5t5ce1 an eligible discretion>y bl5d]  
%all n be treat$ z produc+ a gallon (   
biodiesel be=e ! date on :i* ! sale or  
use ( ! qualifi$ biodiesel mixture      
occurs4  7#c7 ,def9itions ,any t]m us$ 9
 ?is subsection :i* is also us$ 9       
section #dj;,a %all h ! mean+ giv5 su*  
t]m by section #dj;,a4  1 &  7ii7 by    
r$esignat+ p>agraph 7#f71 z am5d$ by    
p>agraph 7#a77;,a71 z p>agraph 7#d74    
7,b7 ,produc] regi/ration requirem5t    
,subsection 7a7 ( section #fdbf is am5d$
 by /rik+ subsections 7d7 & 7e7 9 ! flu%
 s5t5ce at ! end & ins]t+ subsections   
7c71 7d71 & 7e74  7,c7 ,recapture  7i7  
,9 g5]al ,subsection 7f7 ( section #fdbf
 is am5d$-- 7,i7 by /rik+ or biodiesel  
ea* place x appe>s 9 subp>agraphs 7,a7 &

 7,b77i7 ( p>agraph 7#a71  7,,ii7 by    
/rik+ or biodiesel mixture 9 p>agraph   
7#a77;,a71 &  7,,iii7 by r$esignat+     
p>agraph 7#b7 z p>agraph 7#c7 & by      
ins]t+ aft] p>agraph 7#a7 ! foll[+ new  
p>agraph3  7#b7 ,biodiesel ,if any cr$it
 0 det]m9$ "u ?is section or paid       
pursuant to section #fdbg7;e7 ) respect 
to ! production ( any biodiesel & any   
p]son uses su* biodiesel = a purpose n  
describ$ 9 subsection 7c77#a71 !n !re is
 h]eby impos$ on su* p]son a tax equal  
to #a = ea* gallon ( su* biodiesel4  4  
7ii7 ,con=m+ am5dm5ts  7,i7 ,p>agraph   
7#c7 ( section #fdbf7;f71 z r$esignat$  
by clause 7i77,,iii71 is am5d$ by ins]t+
 or 7#b7 aft] p>agraph 7#a74  7,,ii7 ,! 
head+ = p>agraph 7#a7 ( section         
#fdbf7;f7 is am5d$ by /rik+ ,imposition 
( tax & ins]t+ ,9 g5]al4  7,d7          
,limitation ,section #fdbf7;i7 is       
am5d$-- 7i7 9 p>agraph 7#b7--  7,i7 by  
/rik+ biodiesel or1 &  7,,ii7 by /rik+  
,biodiesel & 9 ! head+1 &  7ii7 by      
ins]t+ aft] p>agraph 7#b7 ! foll[+ new  

p>agraph3  7#c7 ,biodiesel ,no cr$it    
%all be det]m9$ "u ?is section ) respect
 to biodiesel unless su* biodiesel is   
produc$ 9 ! ,unit$ ,/ates4  4  7,e7     
,cl]ical am5dm5ts  7i7 ,! head+ (       
section #fdbf is am5d$ by /rik+ alcohol 
fuel1 biodiesel1 & alt]native fuel      
mixtures & ins]t+ alcohol fuel mixtures1
 biodiesel production1 & alt]native fuel
 mixtures4  7ii7 ,! item relat+ to      
section #fdbf 9 ! table ( sections =    
sub*apt] ,b ( *apt] #fe is am5d$ by     
/rik+ alcohol fuel1 biodiesel1 &        
alt]native fuel mixtures & ins]t+       
alcohol fuel mixtures1 biodiesel        
production1 & alt]native fuel mixtures4 
7,f7 ,effective date ,! am5dm5ts made by
 ?is p>agraph %all apply to fuel sold or
 us$ aft] ,decemb] #ca1 #bjae4  7#c7    
,re=m ( excise paym5ts ( cr$it  7,a7 ,9 
g5]al ,subsection 7e7 ( section #fdbg1 z
 am5d$ by p>agraph 7#a77;,b71 is am5d$--
  7i7 by /rik+ or ! biodiesel mixture   
cr$it 9 p>agraph 7#a71  7ii7 by         
r$esignat+ p>agraphs 7#c7 ?r\gh 7#f7 z  

p>agraphs 7#d7 ?r\gh 7#g71 respectively1
 & by ins]t+ aft] p>agraph 7#b7 ! foll[+
 new p>agraph3  7#c7 ,biodiesel         
production cr$it ,if any p]son produces 
biodiesel & sells or uses su* biodiesel 
z provid$ 9 section #fdbf7;c77#a71 !    
,secret>y %all pay 7)\t int]e/7 to su*  
p]son an am\nt equal to ! biodiesel     
production cr$it ) respect to su*       
biodiesel4  1  7iii7 by /rik+ p>agraph  
7#a7 or 7#b7 ea* place x appe>s 9       
p>agraphs 7#d7 & 7#f71 z r$esignat$ by  
p>agraph 7#b71 & ins]t+ p>agraph 7#a71  
7#b71 or 7#c71  7iv7 by /rik+ alt]native
 fuel ea* place x appe>s 9 p>agraphs    
7#d7 & 7#f71 z r$esignat$ by p>agraph   
7#b71 & ins]t+ fuel1 &  7v7 by /rik+    
biodiesel mixture 7z def9$ 9 section    
#fdbf7;c77#c77 9 p>agraph 7#g77;,b71 z s
 r$esignat$1 & ins]t+ biodiesel 7)9 !   
mean+ ( section #dj;,a74  7,b7          
,effective date ,! am5dm5ts made by ?is 
p>agraph %all apply to fuel sold or us$ 
aft] ,decemb] #ca1 #bjae4  7c7 ,treatm5t
 ( biodiesel z a taxable fuel  7#a7 ,9  

g5]al  7,a7 ,taxable fuel includes      
biodiesel ,p>agraph 7#a7 ( section      
#djhc7;a7 is am5d$ by /rik+ & at ! end (
 subp>agraph 7,b71 by /rik+ ! p]iod at !
 end ( subp>agraph 7,c7 & ins]t+ 1 &1 & 
by add+ at ! end ! foll[+ new           
subp>agraph3  7,d7 biodiesel4  4  7,b7  
,biodiesel def9$ ,subsection 7a7 (      
section #djhc is am5d$ by add+ at ! end 
! foll[+ new p>agraph3  7#d7 ,biodiesel 
,! t]m biodiesel has ! mean+ giv5 su*   
t]m "u section #dj;,a7d77#a71 det]m9$   
)\t reg>d to ! la/ s5t5ce !re(4  4  7#b7
 ,biodiesel production facilities treat$
 z ref9]ies  7,a7 ,9 g5]al ,subsection  
7a7 ( section #djha is am5d$ by add+ at 
! end ! foll[+ new p>agraph3  7#e7      
,biodiesel production facilities & bl5d+
 facilities treat$ z ref9]ies ,=        
purposes ( ?is "p--  7,a7 any facility  
:i* is us$ to produce biodiesel1 &  7,b7
 any biodiesel bl5d+ facility1  %all be 
treat$ z a ref9]y ) respect to          
biodiesel4  4  7,b7 ,biodiesel bl5d+    
facility def9$ ,section #djhc is am5d$  

by add+ at ! end ! foll[+ new           
subsection3  7e7 ,biodiesel bl5d+       
facility ,= purposes ( ?is subp>t1 ! t]m
 biodiesel bl5d+ facility means any     
facility t is op]at$ by an eligible     
discretion>y bl5d] 7z def9$ 9 section   
#dj;,a7d77#b77;,c774  4  7,c7 ,bulk     
transf]s ,subp>agraph 7,b7 ( section    
#djha7;a77#a7 is am5d$ by add+ at ! end 
! foll[+ new clause3  7iii7 ,special    
rules = biodiesel ,! tax impos$ by ?is  
p>agraph %all n apply to ! removal or   
entry ( biodiesel to any ref9]y or      
t]m9al if ! p]son remov+ or ent]+ !     
biodiesel & ! op]ator ( ! ref9]y or     
t]m9al are regi/]$ "u section #daja4  4 
7#c7 ,rate ( tax ,subp>agraph 7,a77iii7 
( section #djha7;a77#b7 is am5d$ by     
/rik+ diesel fuel or k]os5e & ins]t+    
diesel fuel1 k]os5e1 or biodiesel4  7#d7
 ,exemptions  7,a7 ,9 g5]al ,section    
#djhb is am5d$ by /rik+ diesel fuel &   
k]os5e ea* place x appe>s 9 subsections 
7a71 7c71 & 7g7 & ins]t+ diesel fuel1   
k]os5e1 & biodiesel4  7,b7 ,con=m+      

am5dm5t ,subp>agraph 7,a7 ( section     
#djhb7;d77#a7 is am5d$ by ins]t+        
biodiesel1 aft] diesel fuel14  7#e7 ,o!r
 con=m+ am5dm5ts  7,a7 ,! head+ =       
p>agraph 7#a7 ( section #djda7;a7 is    
am5d$ by /rik+ diesel fuel & k]os5e &   
ins]t+ diesel fuel1 k]os5e1 & biodiesel4
  7,b7 ,p>agraph 7#b7 ( section         
#fdaf7;b7 is am5d$ by /rik+ diesel fuel 
or k]os5e & ins]t+ diesel fuel1 k]os5e1 
or biodiesel4  7,c7 ,section #fdbg7l7 is
 am5d$--  7i7 by /rik+ diesel fuel or   
k]os5e ea* place x appe>s 9 p>agraphs   
7#a7 & 7#e77;,a7 & ins]t+ diesel fuel1  
k]os5e1 or biodiesel1  7ii7 by /rik+    
diesel fuel & k]os5e 9 ! head+ & ins]t+ 
diesel fuel1 k]os5e1 & biodiesel1 &     
7iii7 by /rik+ diesel fuel or k]os5e 9 !
 head+ ( p>agraph 7#e7 & ins]t+ diesel  
fuel1 k]os5e1 or biodiesel4  7,d7       
,section #fgae7;c77#a7 is am5d$ by /rik+
 diesel fuel or k]os5e & ins]t+ diesel  
fuel1 k]os5e1 or biodiesel4  7#f7       
,effective date ,! am5dm5ts made by ?is 
subsection %all apply to biodiesel sold 

or us$ aft] ,decemb] #ca1 #bjae4  #ajf4 
,ext5sion ( cr$its ) respect to         
facilities produc+ en]gy f c]ta9        
r5ewable res\rces  7a7 ,9 g5]al ,!      
foll[+ provisions ( section #de7;d7 are 
ea* am5d$ by /rik+ ,janu>y #a1 #bjae ea*
 place x appe>s & ins]t+ ,janu>y #a1    
#bjag3 7#a7 ,p>agraph 7#a74  7#b7       
,p>agraph 7#b77;,a74  7#c7 ,p>agraph    
7#c77;,a74  7#d7 ,p>agraph 7#d77;,b74   
7#e7 ,p>agraph 7#f74  7#f7 ,p>agraph    
7#g74  7#g7 ,p>agraph 7#i74  7#h7       
,p>agraph 7#aa77;,b74  7b7 ,ext5sion (  
election ,to treat qualifi$ facilities z
 en]gy prop]ty ,clause 7ii7 ( section   
#dh7;a77#e77;,c7 is am5d$ by /rik+      
,janu>y #a1 #bjae & ins]t+ ,janu>y #a1  
#bjag4  7c7 ,effective dates ,! am5dm5ts
 made by ?is section %all take effect on
 ,janu>y #a1 #bjae4  #ajg4 ,ext5sion (  
cr$it = en]gy-effici5t new homes  7a7 ,9
 g5]al ,subsection 7g7 ( section #de,l  
is am5d$ by /rik+ ,decemb] #ca1 #bjad & 
ins]t+ ,decemb] #ca1 #bjaf4  7b7        
,effective date ,! am5dm5t made by ?is  

section %all apply to homes acquir$ aft]
 ,decemb] #ca1 #bjad4  #ajh4 ,ext5sion (
 special all[ance = second g5]ation     
bi(uel plant prop]ty  7a7 ,9 g5]al      
,subp>agraph 7,d7 ( section #afh7l77#b7 
is am5d$ by /rik+ ,janu>y #a1 #bjae &   
ins]t+ ,janu>y #a1 #bjag4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to prop]ty plac$ 9   
s]vice aft] ,decemb] #ca1 #bjad4  #aji4 
,ext5sion & modification ( en]gy        
effici5t comm]cial build+s d$uction  7a7
 ,9 g5]al ,subsection 7h7 ( section     
#agi;,d is am5d$ by /rik+ ,decemb] #ca1 
#bjad & ins]t+ ,decemb] #ca1 #bjaf4  7b7
 ,allocations to ,indian tribal         
gov]nm5ts ,p>agraph 7#d7 ( section      
#agi;,d7d7 is am5d$ by /rik+ or local & 
ins]t+ local1 or ,indian tribal4  7c7   
,allocations to c]ta9 nonpr(it          
organizations  7#a7 ,9 g5]al ,p>agraph  
7#d7 ( section #agi;,d7d71 z am5d$ by   
subsection 7b71 is am5d$ by ins]t+ or by
 an organization t is describ$ 9 section
 #eja7;c77#c7 & exempt f tax "u section 

#eja7;a71 aft] political subdivision    
!re(14  7#b7 ,cl]ical am5dm5t ,! head+ (
 p>agraph 7#d7 ( section #agi;,d7d7 is  
am5d$ by ins]t+ & prop]ty held by c]ta9 
non-pr(its aft] public prop]ty4  7d7    
,updat$ ,,a%rae /&>ds = #bjaf  7#a7 ,9  
g5]al ,p>agraph 7#a7 ( section          
#agi;,d7c7 is am5d$ by /rik+ ,/&>d      
#ij4a-bjja ea* place x appe>s & ins]t+  
,/&>d #ij4a-bjjg4  7#b7 ,con=m+ am5dm5ts
  7,a7 ,p>agraph 7#b7 ( section         
#agi;,d7c7 is am5d$ to read z foll[s3   
7#b7 ,/&>d #ij4a-bjjg ,! t]m ,/&>d      
#ij4a-bjjg means ,/&>d #ij4a-bjjg ( !   
,am]ican ,society ( ,heat+1 ,refrig]at+1
 & ,air ,condition+ ,eng9e]s & !        
,illum9at+ ,eng9e]+ ,society ( ,nor?    
,am]ica 7z 9 effect on ! day be=e ! date
 ( ! adoption ( ,/&>d #ij4a-bjaj ( su*  
,societies74  4  7,b7 ,subsection 7f7 ( 
section #agi;,d is am5d$ by /rik+ ,/&>d 
#ij4a-bjja ea* place x appe>s 9         
p>agraphs 7#a7 & 7#b77;,c77i7 & ins]t+  
,/&>d #ij4a-bjjg4  7,c7 ,p>agraph 7#a7 (
 section #agi;,d7f7 is am5d$--  7i7 by  

/rik+ ,table #i4c4a4a & ins]t+ ,table   
#i4e4a1 &  7ii7 by /rik+ ,table #i4c4a4b
 & ins]t+ ,table #i4f4a4  7#c7          
,effective date ,! am5dm5ts made by ?is 
subsection %all apply to prop]ty plac$ 9
 s]vice aft] ,decemb] #ca1 #bjae4  7e7  
,effective date ,except z provid$ 9     
subsection 7d77#c71 ! am5dm5ts made by  
?is section %all apply to prop]ty plac$ 
9 s]vice aft] ,decemb] #ca1 #bjad4      
#aaj4 ,ext5sion ( special rule = sales  
or dispositions to implem5t ,,f]c or    
,/ate electric re/ructur+ policy =      
qualifi$ electric utilities  7a7 ,9     
g5]al ,p>agraph 7#c7 ( section #dea7;i7 
is am5d$ by /rik+ ,janu>y #a1 #bjae &   
ins]t+ ,janu>y #a1 #bjag4  7b7          
,effective date ,! am5dm5t made by ?is  
section %all apply to dispositions aft] 
,decemb] #ca1 #bjad4  #aaa4 ,ext5sion ( 
excise tax cr$its relat+ to alt]native  
fuels  7a7 ,ext5sion ( alt]native fuels 
excise tax cr$its  7#a7 ,9 g5]al        
,sections #fdbf7;d77#e7 & #fdbf7;e77#c7 
are ea* am5d$ by /rik+ ,decemb] #ca1    

#bjad & ins]t+ ,decemb] #ca1 #bjaf4     
7#b7 ,outlay paym5ts = alt]native fuels 
,subp>agraph 7,c7 ( section             
#fdbg7;e77#g71 z r$esignat$ by section  
#f7;b77#c77;,a77ii71 is am5d$ by /rik+  
,decemb] #ca1 #bjad & ins]t+ ,decemb]   
#ca1 #bjaf4  7b7 ,effective date ,!     
am5dm5ts made by ?is section %all apply 
to fuel sold or us$ aft] ,decemb] #ca1  
#bjad4  7c7 ,special rule = c]ta9 p]iods
 dur+ #bjae ,not)/&+ any o!r provision (
 law1 9 ! case ( any alt]native fuel    
cr$it prop]ly det]m9$ "u section        
#fdbf7;d7 ( su* ,code = su* p]iods1 su* 
cr$it %all be all[$1 & any refund or    
paym5t attributable to su* cr$it        
7includ+ any paym5t "u section #fdbg7;e7
 ( su* ,code7 %all be made1 only 9 su*  
mann] z ! ,secret>y ( ! ,treasury 7or ! 
,secret>y's delegate7 %all provide4 ,su*
 ,secret>y %all issue guidance )9 #cj   
days aft] ! date ( ! enactm5t ( ?is ,act
 provid+ = a "o-"t submission ( claims  
cov]+ p]iods describ$ 9 ! prec$+ s5t5ce4
 ,su* guidance %all provide = a         

#ahj-;day p]iod = ! submission ( su*    
claims 79 su* mann] z prescrib$ by su*  
,secret>y7 to beg9 n lat] ?an #cj days  
aft] su* guidance is issu$4 ,su* claims 
%all be paid by su* ,secret>y n lat] ?an
 #fj days aft] receipt4 ,if su*         
,secret>y has n paid pursuant to a claim
 fil$ "u ?is subsection )9 #fj days aft]
 ! date ( ! fil+ ( su* claim1 ! claim   
%all be paid ) int]e/ f su* date det]m9$
 by us+ ! ov]paym5t rate & me?od "u     
section #ffba ( su* ,code4  ,,ii        
,additional ,provisions  #bja4 ,ext5sion
 ( en]gy cr$it = c]ta9 prop]ty "u       
con/ruction  7a7 ,sol> en]gy prop]ty    
,p>agraphs 7#b77;,a77i77,,ii7 &         
7#c77;,a77ii7 ( section #dh7;a7 are ea* 
am5d$ by /rik+ p]iods end+ & ins]t+     
prop]ty ! con/ruction ( :i* beg9s4  7b7 
,qualifi$ fuel cell prop]ty ,section    
#dh7;c77#a77;,d7 is am5d$ by /rik+ = any
 p]iod aft] ,decemb] #ca1 #bjaf & ins]t+
 ! con/ruction ( :i* does n beg9 be=e   
,janu>y #a1 #bjag4  7c7 ,qualifi$       
microturb9e prop]ty ,section            

#dh7;c77#b77;,d7 is am5d$ by /rik+ = any
 p]iod aft] ,decemb] #ca1 #bjaf & ins]t+
 ! con/ruction ( :i* does n beg9 be=e   
,janu>y #a1 #bjag4  7d7 ,comb9$ heat &  
p[] sy/em prop]ty ,section              
#dh7;c77#c77;,a77iv7 is am5d$ by /rik+  
:i* is plac$ 9 s]vice & ins]t+          
con/ruction ( :i* beg9s4  7e7 ,qualifi$ 
small w9d en]gy prop]ty ,section        
#dh7;c77#d77;,c7 is am5d$ by /rik+ = any
 p]iod aft] ,decemb] #ca1 #bjaf & ins]t+
 ! con/ruction ( :i* does n beg9 be=e   
,janu>y #a1 #bjag4  7f7 ,!rmal en]gy    
prop]ty ,section #dh7;a77#c77;,a77vii7  
is am5d$ by /rik+ p]iods end+ & ins]t+  
prop]ty ! con/ruction ( :i* beg9s4  7g7 
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ! date ( !  
enactm5t ( ?is ,act4  #bjb4             
,modifications 9 cr$it = comb9$ heat &  
p[] sy/em prop]ty  7a7 ,increas$ en]gy  
p]c5tage ,section #dh7;a77#b77;,a77i7 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;,a77v71 &  4  
7b7 ,modification ( c]ta9 capacity      
limitations ,section #dh7;c77#c77;,b7 is
 am5d$--  7#a7 by /rik+ #ae megawatts 9 
clause 7ii7 & ins]t+ #be megawatts1     
7#b7 by /rik+ #bj1jjj horsep[] 9 clause 
7ii7 & ins]t+ #cd1jjj horsep[]1 &  7#c7 
by /rik+ clause 7iii74  7c7 ,effective  
date ,! am5dm5ts made by ?is section    
%all apply to p]iods aft] ! date ( !    
enactm5t ( ?is ,act1 "u rules simil> to 
! rules ( section #dh7m7 ( ! ,int]nal   
,rev5ue ,code ( #aihf 7z 9 effect on !  
day be=e ! date ( ! enactm5t ( ! ,rev5ue
 ,reconciliation ,act ( #aiij74  #bjc4  
,en]gy cr$it = wa/e heat to p[] prop]ty 
7a7 ,9 g5]al ,section #dh7;a77#c77;,a7  
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 wa/e heat to p[]        
prop]ty1  4  7b7 ,wa/e heat ,to p[]     
prop]ty ,section #dh7;c7 is am5d$ by    

add+ at ! end ! foll[+ new p>agraph3    
7#e7 ,wa/e heat to p[] prop]ty  7,a7    
,wa/e heat to p[] prop]ty ,! t]m wa/e   
heat to p[] prop]ty means prop]ty       
compris+ a sy/em :i* g5]ates electricity
 ?r\gh ! recov]y ( a qualifi$ wa/e heat 
res\rce4  7,b7 ,qualifi$ wa/e heat      
res\rce def9$ ,! t]m qualifi$ wa/e heat 
res\rce means-- 7i7 exhau/ heat or fl>$ 
gas f any indu/rial process1  7ii7 wa/e 
gas or indu/rial tail gas t w\ld o!rwise
 be fl>$1 inc9]at$1 or v5t$1  7iii7 a   
pressure drop 9 any gas = an indu/rial  
or comm]cial process1 or  7iv7 su* o!r  
=ms ( wa/e heat res\rces z ! ,secret>y  
may det]m9e4  7,c7 ,exception ,! t]m    
qualifi$ wa/e heat res\rce does n       
include any heat res\rce f a process ^: 
prim>y purpose is ! g5]ation (          
electricity utiliz+ a fossil fuel or    
nucle> en]gy4  7,d7 ,t]m9ation ,! t]m   
wa/e heat to p[] prop]ty %all n include 
any prop]ty plac$ 9 s]vice aft] ,decemb]
 #ca1 #bjaf4  4  7c7 ,increas$ en]gy    
p]c5tage ,section #dh7;a77#b77;,a77i71 z

 am5d$ by section #bja1 is am5d$ by     
/rik+ & at ! end ( subclause 7,,iv7 & by
 ins]t+ aft] subclause 7,v7 ! foll[+ new
 subclause3  7,,vi7 en]gy prop]ty       
describ$ 9 p>agraph 7#c77;,a77viii71 &  
4  7d7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to p]iods aft]
 ! date ( ! enactm5t ( ?is ,act1 "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  #bjd4 ,inve/m5t tax     
cr$it = community w9d projects hav+     
g5]ation capacity ( n m ?an #bj         
megawatts  7a7 ,9 g5]al ,p>agraph 7#d7 (
 section #dh7;c7 is am5d$-- 7#a7 by     
/rik+ subp>agraph 7,a7 & ins]t+ ! foll[+
 new subp>agraph3  7,a7 ,9 g5]al ,! t]m 
qualifi$ small w9d en]gy prop]ty means--
 7i7 prop]ty :i* uses a qualify+ small  
w9d turb9e to g5]ate electricity1 or    
7ii7 prop]ty :i* uses #a or m w9d       
turb9es ) an aggregate nameplate        
capacity ( m ?an #ajj kil[atts b n m ?an

 #bj megawatts4  1 &  7#b7 by r$esignat+
 subp>agraph 7,c7 z subp>agraph 7,d7 &  
by ins]t+ aft] subp>agraph 7,b7 ! foll[+
 new subp>agraph3  7,c7 ,regulations ,! 
,secret>y %all prescribe su* regulations
 z may be appropriate to prev5t improp] 
division ( prop]ty to attempt to meet ! 
limitation "u subp>agraph 7,a77ii74  4  
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to prop]ty plac$ 
9 s]vice aft] ! date ( ! enactm5t ( ?is 
,act4  #bje4 ,ext5sion ( publicly trad$ 
p>tn]%ip own]%ip /ructure to en]gy p[]  
g5]ation projects1 transportation fuels1
 & relat$ en]gy activities  7a7 ,9 g5]al
 ,subp>agraph 7,e7 ( section            
#ggjd7;d77#a7 is am5d$-- 7#a7 by /rik+  
income & ga9s d]iv$ f ! exploration &   
ins]t+  income & ga9s d]iv$ f ! foll[+3 
7i7 ,m9]als1 natural res\rces1 etc ,!   
exploration  1  7#b7 by ins]t+ or be=e  
indu/rial s\rce1  7#c7 by ins]t+ a p]iod
 aft] c>bon dioxide1 &  7#d7 by /rik+ 1 
or ! transportation or /orage & all t   
foll[s & ins]t+ ! foll[+3  7ii7         

,r5ewable en]gy ,! g5]ation ( electric  
p[] 7includ+ ! leas+ ( tangible p]sonal 
prop]ty us$ = su* g5]ation7 exclusively 
utiliz+ any res\rce describ$ 9 section  
#de7;c77#a7 or en]gy prop]ty describ$ 9 
section #dh 7det]m9$ )\t reg>d to any   
t]m9ation date71 or 9 ! case ( a        
facility describ$ 9 p>agraph 7#c7 or    
7#g7 ( section #de7;d7 7det]m9$ )\t     
reg>d to any plac$ 9 s]vice date or date
 by :i* con/ruction ( ! facility is     
requir$ to beg971 ! accept+ or process+ 
( su* res\rce4  7iii7 ,electricity      
/orage devices ,! receipt & sale (      
electric p[] t has be5 /or$ 9 a device  
directly connect$ to ! grid4  4  7b7    
,effective date ,! am5dm5ts made by ?is 
section %all take effect on ! date ( !  
enactm5t ( ?is ,act1 9 taxable ye>s end+
 aft] su* date4  #bjf4 ,additional      
advanc$ en]gy manufactur+ cr$it         
allocations  7a7 ,additional allocation 
( cr$its ,section #dh;,c7d7 is am5d$ by 
add+ at ! end ! foll[+3  7#f7           
,additional allocation  7,a7 ,9 g5]al ,9

 addition to cr$its allocat$ "u p>agraph
 7#a71 ! ,secret>y1 9 consultation ) !  
,secret>y ( ,en]gy1 is au?oriz$ to      
conduct an additional program to consid]
 & aw>d c]tifications = qualifi$        
inve/m5ts eligible = cr$its "u ?is      
section to qualify+ advanc$ en]gy       
project sponsors pursuant to            
applications f su* sponsors receiv$ aft]
 ,decemb] #ca1 #bjae4  7,b7 ,limitation 
,! total am\nt ( cr$its t may be        
allocat$ "u subp>agraph 7,a7 %all n     
exce$ #b1gjj1jjj1jjj4  7,c7             
,modifications to applicable rules ,=   
purposes ( ?is p>agraph-- 7i7           
,application p]iod ,! #b-ye> p]iod      
describ$ 9 p>agraph 7#b7 %all beg9 on   
,janu>y #a1 #bjaf4  7ii7 ,reallocation  
,! #d-ye> p]iod describ$ 9 p>agraph 7#d7
 %all beg9 ! date ( ! enactm5t ( ?is    
p>agraph4  4  7b7 ,effective date ,!    
am5dm5t made by subsection 7a7 %all     
apply to p]iods beg9n+ aft] ,decemb]    
#ca1 #bjae4  ,,iii ,end+ ,oil & ,gas    
,tax ,subsidies  #cja4 ,amortization (  

geological & geophysical exp5ditures    
7a7 ,9 g5]al ,section #afg7;h7 is       
am5d$--  7#a7 by /rik+ #bd-mon? p]iod 9 
p>agraph 7#a7 & ins]t+ #g-ye> p]iod1 &  
7#b7 by /rik+ p>agraph 7#e74  7b7       
,effective date ,! am5dm5t made by ?is  
section %all apply to am\nts paid or    
incurr$ 9 taxable ye>s beg9n+ aft]      
,decemb] #ca1 #bjae4  #cjb4 ,produc+ oil
 & gas f m>g9al wells  7a7 ,9 g5]al     
,subp>t ,d ( "p ,,iv ( sub*apt] ,a (    
*apt] #a is am5d$ by /rik+ section      
#de;,i 7& by /rik+ ! item relat+ to su* 
section 9 ! table ( sections = su*      
subp>t74  7b7 ,con=m+ am5dm5t ,section  
#ch7;b7 is am5d$ by /rik+ p>agraph      
7#ai74  7c7 ,effective date ,! am5dm5t  
made by subsection 7a7 %all apply to    
cr$its det]m9$ = taxable ye>s beg9n+    
aft] ,decemb] #ca1 #bjae4  #cjc4        
,enhanc$ oil recov]y cr$it  7a7 ,9 g5]al
 ,subp>t ,d ( "p ,,iv ( sub*apt] ,a (   
*apt] #a is am5d$ by /rik+ section #dc  
7& by /rik+ ! item relat+ to su* section
 9 ! table ( sections = su* subp>t74    

7b7 ,con=m+ am5dm5t ,section #ch7;b7 is 
am5d$ by /rik+ p>agraph 7#f74  7c7      
,effective date ,! am5dm5ts made by ?is 
section %all apply to am\nts paid or    
incurr$ 9 taxable ye>s beg9n+ aft]      
,decemb] #ca1 #bjae4  #cjd4 ,intangible 
drill+ & developm5t co/s 9 ! case ( oil 
& gas wells  7a7 ,9 g5]al ,subsection   
7c7 ( section #bfc is am5d$ by add+ at !
 end ! foll[+ new s5t5ce3 ,?is          
subsection %all n apply to am\nts paid  
or incurr$ by a taxpay] ) respect to an 
oil or gas well aft] ,decemb] #ca1      
#bjae44  7b7 ,effective date ,! am5dm5t 
made by ?is section %all apply to am\nts
 paid or incurr$ 9 taxable ye>s beg9n+  
aft] ,decemb] #ca1 #bjae4  #cje4 ,repeal
 ( p]c5tage depletion = oil & gas wells 
7a7 ,9 g5]al ,"p ,i ( sub*apt] ,i (     
*apt] #a is am5d$ by /rik+ section      
#fac;,a 7& ! table ( sections ( su* "p  
is am5d$ by /rik+ ! item relat+ to su*  
section74  7b7 ,con=m+ am5dm5ts  7#a7   
,subsection 7d7 ( section #de;,h is     
am5d$-- 7,a7 by /rik+ ,= purposes ?is   

section & ins]t+ ! foll[+3  7#a7 ,9     
g5]al ,= purposes ( ?is section  1  7,b7
 by /rik+ 7)9 ! mean+ ( section         
#fac;,a7d77#c771 &  7,c7 by add+ at !   
end ! foll[+ new p>agraph3  7#b7 ,relat$
 p]son ,= purposes ( ?is subsection1 a  
p]son is a relat$ p]son ) respect to !  
taxpay] if a significant own]%ip int]e/ 
9 ei!r ! taxpay] or su* p]son is held by
 ! o!r1 or if a ?ird p]son has a        
significant own]%ip int]e/ 9 bo? !      
taxpay] & su* p]son4 ,= purposes ( !    
prec$+ s5t5ce1 ! t]m significant own]%ip
 int]e/ means--  7,a7 ) respect to any  
corporation1 #e p]c5t or m 9 value ( !  
out/&+ /ock ( su* corporation1  7,b7 )  
respect to a p>tn]%ip1 #e p]c5t or m    
int]e/ 9 ! pr(its or capital ( su*      
p>tn]%ip1 &  7,c7 ) respect to an e/ate 
or tru/1 #e p]c5t or m ( ! b5eficial    
int]e/s 9 su* e/ate or tru/4  ,=        
purposes ( det]m9+ a significant own]%ip
 int]e/1 an int]e/ own$ by or = a       
corporation1 p>tn]%ip1 tru/1 or e/ate   
%all be consid]$ z own$ directly bo? by 

itself & proportionately by its         
%>ehold]s1 p>tn]s1 or b5efici>ies1 z !  
case may be4  4  7#b7 ,section          
#ef7;g77#d77;,f7 is am5d$ to read z     
foll[s3  7,f7 ,depletion ,! all[ance =  
depletion ) respect to any prop]ty plac$
 9 s]vice 9 a taxable ye> beg9n+ aft]   
,decemb] #ca1 #aihi1 %all be co/        
depletion det]m9$ "u section #faa4  4   
7#c7 ,section #eg7;a77#a7 is am5d$ by   
/rik+ ! la/ s5t5ce4  7#d7 ,section      
#bia7;b77#d7 is am5d$ by add+ at ! end !
 foll[+3 ,any ref]5ce 9 ! prec$+ s5t5ce 
to section #fac;,a %all be treat$ z a   
ref]5ce to su* section z 9 effect prior 
to ! date ( ! enactm5t ( ! ,bridge to a 
,clean ,en]gy ,future ,act ( #bjae44    
7#e7 ,section #fac7;d7 is am5d$ by /rik+
 ,except z provid$ 9 section #fac;,a1 9 
! case ( & ins]t+ ,9 ! case (4  7#f7    
,section #fac7;e7 is am5d$--  7,a7 by   
/rik+ or section #fac;,a 9 p>agraph     
7#b71 &  7,b7 by /rik+ any am\nt        
describ$ 9 section #fac;,a7d77#e7 9     
p>agraph 7#c7 & ins]t+ any lease bonus1 

advance royalty1 or o!r am\nt payable   
)\t reg>d to production f prop]ty4  7#g7
 ,section #gje7;a7 is am5d$-- 7,a7 by   
ins]t+ & at ! end ( p>agraph 7#a77;,c71 
7,b7 by /rik+ 2 & at ! end ( p>agraph   
7#b77;,b7 & ins]t+ a p]iod1 &  7,c7 by  
/rik+ p>agraph 7#c74  7#h7 ,section #ggf
 is am5d$ by /rik+ subsection 7a7 & by  
r$esignat+ subsection 7b7 z subsection  
7a74  7#i7 ,section #ied7;g77#b77;,d7 is
 am5d$ by ins]t+ 7z 9 effect be=e ! date
 ( ! enactm5t ( ! ,bridge to a ,clean   
,en]gy ,future ,act ( #bjae7 aft]       
section #fac;,a4  7#aj7 ,section        
#iic7;c77#b77;,c7 is am5d$ by /rik+     
section #fac or #fac;,a & ins]t+ section
 #fac 7det]m9$ )\t reg>d to subsection  
7d7 !re(74  7#aa7 ,section              
#abjb7;e77#c77;,d7 is am5d$ by /rik+    
section #fac or #fac;,a & ins]t+ section
 #fac 7det]m9$ )\t reg>d to subsection  
7d7 !re(74  7#ab7 ,section #acfg7;a77#b7
 is am5d$ by ins]t+ & at ! end (        
subp>agraph 7,c71 by /rik+ 1 & at ! end 
( subp>agraph 7,d7 & ins]t+ a p]iod1 &  

by /rik+ subp>agraph 7,e74  7#ac7       
,section #addf7;c7 is am5d$ by /rik+    
p>agraph 7#b7 & by r$esignat+ p>agraph  
7#c7 z p>agraph 7#b74  7c7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to prop]ty plac$ 9 s]vice    
aft] ,decemb] #ca1 #bjae4  #cjf4 ,repeal
 ( d$uction = t]ti>y injectants  7a7 ,9 
g5]al ,"p ,,vi ( sub*apt] ,b ( *apt] #a 
is am5d$ by /rik+ section #aic 7& !     
table ( sections ( su* subp>t is am5d$  
by /rik+ ! item relat+ to su* section74 
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjae4  #cjg4 
,repeal ( exception to passive loss     
limitations = work+ int]e/s 9 oil & gas 
prop]ties  7a7 ,9 g5]al ,section        
#dfi7;c77#c7 is am5d$ by add+ at ! end !
 foll[+ new subp>agraph3  7,c7          
,t]m9ation ,subp>agraph 7,a7 %all n     
apply ) respect to any taxable ye>      
beg9n+ aft] ! date ( ! enactm5t ( ?is   
,act4  4  7b7 ,effective date ,! am5dm5t
 made by ?is section %all apply to      

taxable ye>s beg9n+ aft] ,decemb] #ca1  
#bjae4  #cjh4 ,d$uction = income        
attributable to dome/ic production      
activities n all[$ ) respect to oil &   
gas activities  7a7 ,9 g5]al ,section   
#aii7;c77#d77;,b7 is am5d$ by /rik+ & at
 ! end ( clause 7ii71 by /rik+ ! p]iod  
at ! end ( clause 7iii7 & ins]t+ 1 &1 & 
by ins]t+ aft] clause 7iii7 ! foll[+ new
 clause3  7iv7 ! production1 ref9+1     
process+1 transportation1 or di/ribution
 ( oil1 gas1 or any prim>y product !re(4
  4  7b7 ,con=m+ am5dm5t ,section       
#aii7;d7 is am5d$ by /rik+ p>agraph 7#i7
 & by r$esignat+ p>agraph 7#aj7 z       
p>agraph 7#i74  7c7 ,effective date ,!  
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ aft] ,decemb]    
#ca1 #bjae4  #cji4 ,prohibition on us+  
la/-91 fir/-out acc\nt+ = oil & gas     
companies  7a7 ,9 g5]al ,section #dgb is
 am5d$ by add+ at ! end ! foll[+ new    
subsection3  7h7 ,oil & gas companies   
7#a7 ,9 g5]al ,not)/&+ any o!r provision
 ( ?is section1 a major integrat$ oil   

company may n use ! me?od provid$ 9     
subsection 7b7 9 inv5tory+ ( any goods4 
7#b7 ,major integrat$ oil company ,=    
purposes ( ?is subsection1 ! t]m major  
integrat$ oil company means1 ) respect  
to any taxable ye>1 a produc] ( crude   
oil-- 7,a7 :i* has an av]age daily      
worldwide production ( crude oil ( at   
lea/ #ejj1jjj b>rels = ! taxable ye>1   
7,b7 :i* has gross receipts 9 excess (  
#a1jjj1jjj1jjj = ! taxable ye>1 &  7,c7 
! av]age daily ref9]y runs ( ! taxpay] &
 relat$ p]sons = ! taxable ye> exce$    
#ge1jjj b>rels4  7#c7 ,special rules    
7,a7 ,crude production & gross receipts 
,= purposes ( subp>agraphs 7,a7 & 7,b7 (
 p>agraph 7#b7-- 7i7 ,controll$ gr\ps & 
common control ,all p]sons treat$ z a   
s+le employ] "u subsections 7a7 & 7b7 ( 
section #eb %all be treat$ z #a p]son4  
7ii7 ,%ort taxable ye>s ,9 ! case ( a   
%ort taxable ye>1 ! rule "u section     
#ddh7;c77#c77;,b7 %all apply4  7,b7     
,av]age daily ref9]y runs ,= purposes ( 
p>agraph 7#b77;,c7--  7i7 ,9 g5]al ,!   

av]age daily ref9]y runs = any taxable  
ye> %all be det]m9$ by divid+ !         
aggregate ref9]y runs = ! taxable ye> by
 ! numb] ( days 9 ! taxable ye>4  7ii7  
,relat$ p]sons ,a p]son is a relat$     
p]son ) respect to ! taxpay] if a       
significant own]%ip int]e/ 9 ei!r !     
taxpay] or su* p]son is held by ! o!r1  
or if a ?ird p]son has a significant    
own]%ip int]e/ 9 bo? ! taxpay] & su*    
p]son4  7iii7 ,significant own]%ip      
int]e/ ,= purposes ( clause 7ii71 ! t]m 
significant own]%ip int]e/ means-- 7,i7 
) respect to any corporation1 #ae p]c5t 
or m 9 value ( ! out/&+ /ock ( su*      
corporation1  7,,ii7 ) respect to a     
p>tn]%ip1 #ae p]c5t or m int]e/ 9 !     
pr(its or capital ( su* p>tn]%ip1 &     
7,,iii7 ) respect to an e/ate or tru/1  
#ae p]c5t or m ( ! b5eficial int]e/s 9  
su* e/ate or tru/4  ,= purposes (       
det]m9+ a significant own]%ip int]e/1 an
 int]e/ own$ by or = a corporation1     
p>tn]%ip1 tru/1 or e/ate %all be        
consid]$ z own$ directly bo? by itself &

 proportionately by its %>ehold]s1      
p>tn]s1 or b5efici>ies1 z ! case may be4
  4  7b7 ,effective date & special rule 
7#a7 ,9 g5]al ,! am5dm5t made by        
subsection 7a7 %all apply to taxable    
ye>s beg9n+ aft] ,decemb] #ca1 #bjae4   
7#b7 ,*ange 9 me?od ( acc\nt+ ,9 ! case 
( any taxpay] requir$ by ! am5dm5t made 
by ?is section to *ange its me?od (     
acc\nt+ = its fir/ taxable ye> beg9n+   
aft] ! date ( ! enactm5t ( ?is ,act--   
7,a7 su* *ange %all be treat$ z initiat$
 by ! taxpay]1  7,b7 su* *ange %all be  
treat$ z made ) ! cons5t ( ! ,secret>y (
 ! ,treasury1 &  7,c7 ! net am\nt ( !   
adju/m5ts requir$ to be tak5 into acc\nt
 by ! taxpay] "u section #dha ( !       
,int]nal ,rev5ue ,code ( #aihf %all be  
tak5 into acc\nt ratably ov] a p]iod 7n 
great] ?an #h taxable ye>s7 beg9n+ ) su*
 fir/ taxable ye>4  #caj4 ,modifications
 ( =eign tax cr$it rules applicable to  
dual capacity taxpay]s  7a7 ,9 g5]al    
,section #ija is am5d$ by r$esignat+    
subsection 7n7 z subsection 7o7 & by    

ins]t+ aft] subsection 7m7 ! foll[+ new 
subsection3  7n7 ,special rules relat+  
to dual capacity taxpay]s  7#a7 ,g5]al  
rule ,not)/&+ any o!r provision ( ?is   
*apt]1 any am\nt paid or accru$ by a    
dual capacity taxpay] to a =eign c\ntry 
or possession ( ! ,unit$ ,/ates = any   
p]iod ) respect to comb9$ =eign oil &   
gas income 7z def9$ 9 section           
#ijg7;b77#a77 %all n be consid]$ a tax  
to ! ext5t su* am\nt exce$s ! am\nt     
7det]m9$ 9 accordance ) regulations7 :i*
 w\ld h be5 requir$ to be paid if !     
taxpay] 7 n a dual capacity taxpay]4    
7#b7 ,dual capacity taxpay] ,= purposes 
( ?is subsection1 ! t]m dual capacity   
taxpay] means1 ) respect to any =eign   
c\ntry or possession ( ! ,unit$ ,/ates1 
a p]son :o-- 7,a7 is subject to a levy (
 su* c\ntry or possession1 &  7,b7      
receives 7or w receive7 directly or     
indirectly a specific economic b5efit 7z
 det]m9$ 9 accordance ) regulations7 f  
su* c\ntry or possession4  4  7b7       
,effective date  7#a7 ,9 g5]al ,!       

am5dm5ts made by ?is section %all apply 
to taxes paid or accru$ 9 taxable ye>s  
beg9n+ aft] ,decemb] #ca1 #bjae4  7#b7  
,contr>y treaty obligations upheld ,!   
am5dm5ts made by ?is section %all n     
apply to ! ext5t contr>y to any treaty  
obligation ( ! ,unit$ ,/ates4