,,ii #aad? ,,congress #b;d ,session ,s4 #cbfd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,july #ad1 #bjaf ,mr4 ,m55dez 7= himself1 ,ms4 ,/ab5[1 ,mr4 ,c>d91 ,ms4 ,coll9s1 ,mr4 ,k+1 ,ms4 ,ayotte1 ,ms4 ,klobu*>1 & ,mrs4 ,fe9/e97 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$it = production ( electricity f r5ewable res\rces to all[ a cr$it = c]ta9 op5-loop biomass & tra% facilities plac$ 9 s]vice be=e ! date ( ! enactm5t ( ?is ,act & to modify ! def9ition ( municipal solid wa/e4 #a4 ,special rule = c]ta9 facilities g5]at+ electricity f biomass & municipal solid wa/e 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 #bjaf1 & end+ be=e ,janu>y #a1 #bjah = ! #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 #bjag4 #b4 ,modification to def9ition ( municipal solid wa/e 7a7 ,9 g5]al ,p>agraph 7#f7 ( section #de7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ to read z foll[s3 7#f7 ,municipal solid wa/e 7,a7 ,9 g5]al ,! t]m municipal solid wa/e has ! mean+ giv5 ! t]m solid wa/e "u section #b7bg7 ( ! ,solid ,wa/e ,disposal ,act 7#db ,u4,s4,c4 #fijc71 except t su* t]m does n include-- 7i7 pap] :i* is commonly recycl$ & :i* has be5 segregat$ f o!r solid wa/e 7z s def9$71 or 7ii7 solid wa/e 7z s def9$7 :i* is collect$ z "p ( a sy/em :i* comm+les commonly recycl$ pap] ) o!r solid wa/e :i* is n commonly recycl$ at any po9t f ! "t ( collection ?r\gh any mat]ials recov]y4 7,b7 ,special rule ) respect to incid5tal & residual wa/e ,subp>agraph 7,a77ii7 %all n apply to-- 7i7 solid wa/e 7z s def9$7 :i* only conta9s an incid5tal am\nt ( commonly recycl$ pap]1 & 7ii7 solid wa/e 7z s def9$7 :i* is residual wa/e g5]at$ at a mat]ials recov]y facility t receives & processes only pap] & o!r recyclable mat]ials conta9+ no m ?an an incid5tal am\nt ( non-recyclable solid wa/e4 7,c7 ,no effect on exi/+ processes ,no?+ 9 subp>agraph 7,a7 %all be int]pret$ to require a ,/ate or a political subdivision ( a ,/ate1 directly or indirectly1 to *ange ! sy/ems1 processes1 or equipm5t x uses to collect1 treat1 dispose1 or o!rwise use municipal solid wa/e1 )9 ! mean+ ( ! ,solid ,wa/e ,disposal ,act 7#db ,u4,s4,c4 #fijc et seq471 nor require a *ange to ! regulations t implem5t subtitle ,d ( su* ,act 7#db ,u4,s4,c4 #fija et seq474 4 7b7 ,rules ) respect to electricity produc$ f solid wa/e ,subsection 7e7 ( section #de ( ! ,int]nal ,rev5ue ,code ( #aihf1 z am5d$ by ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ac7 ,s\rce ( municipal solid wa/e fe$/ock ,9 ! case ( a qualifi$ facility t produces electricity bo? f municipal solid wa/e & o!r solid wa/e t is n a qualifi$ en]gy res\rce-- 7,a7 su* facility %all be consid]$ a qualifi$ facility if x o!rwise meets ! requirem5ts ( subsection 7d71 & 7,b7 subsection 7a7 %all only apply to t portion ( ! electricity produc$ f municipal solid wa/e4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ! date ( ! enactm5t ( ?is ,act4