,,ii  #aadth ,,congress  #b;d ,session  
,s4 #cafi  ,,in ,,the ,,senate ,,of     
,,the ,,united ,,states  ,july #ab1     
#bjaf ,mr4 ,alexander introduced the    
following bill2 which was read twice and
 referred to the ,committee on ,finance 
,a ,,bill  ,to support basic energy     
research and eliminate the wind         
production tax credit4  #a4 ,findings   
,congress finds that-- 7#a7 wind energy 
is a mature technology2  7#b7 the wind  
production tax credit has been in effect
 for #bd years and has been extended #aj
 times2  7#c7 wind subsidies can distort
 the electricity market and make other  
sources of electric power less cost     
competitive2  7#d7 between #bjjh and    
#bjad1 the wind production tax credit   
cost taxpayers #g1cjj1jjj1jjj2  7#e7 for
 wind turbine construction started in   
#bjag1 #bjah1 and #bjai1 the wind       
production tax credit would cost        
taxpayers #h1ajj1jjj1jjj over #aj years2
 and  7#f7 doubling the amount of funds 
available for basic energy research     

activities would-- 7,a7 increase        
innovation in energy technologies2 and  
7,b7 produce clean1 reliable1 and       
affordable energy4  #b4 ,increased      
funding authorization for the ,office of
 ,science of the ,department of ,energy 
,section #iga7;b7 of the ,energy ,policy
 ,act of #bjje 7#db ,u4,s4,c4           
#afcaa7;b77 is amended--  7#a7 in       
paragraph 7#f71 by striking and at the  
end2  7#b7 in paragraph 7#g71 by        
striking the period at the end and      
inserting a semicolon2 and  7#c7 by     
adding at the end the following3  7#h7  
#h1ebd1jjj1jjj for fiscal year #bjag2   
7#i7 #h1icf1jjj1jjj for fiscal year     
#bjah2 and  7#aj7 #i1cgg1jjj1jjj for    
fiscal year #bjai4  4  #c4 ,termination 
of credit for electricity produced from 
wind  7a7 ,in general ,paragraph 7#a7 of
 section #de7;d7 of the ,internal       
,revenue ,code of #aihf is amended by   
striking #bjbj and inserting #bjag4  7b7
 ,conforming amendments  7#a7           
,subsection 7b7 of section #de of the   

,internal ,revenue ,code of #aihf is    
amended by striking paragraph 7#e74     
7#b7 ,clause 7ii7 of section            
#dh7;a77#e77;,c7 of such ,code is       
amended by striking 7,january #a1 #bjbj1
 in the case of any facility which is   
described in paragraph 7#a7 of section  
#de7;d774  7#c7 ,paragraph 7#e7 of      
section #dh7;a7 of such ,code is amended
 by striking subparagraph 7,e74  7c7    
,effective date  7#a7 ,in general       
,except as provided in paragraph 7#b71  
the amendments made by this section     
shall apply to electricity produced and 
sold in taxable years beginning after   
the date of the enactment of this ,act4 
7#b7 ,treatment as energy property ,the 
amendments made by paragraphs 7#b7 and  
7#c7 of subsection 7b7 shall apply to   
property placed in service in taxable   
years beginning after the date of the   
enactment of this ,act4