,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #dcag  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,septemb] #ab1        
#bjai,mr4 ,langev9 7= himself & ,mr4    
,wel*7 introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to ext5d & exp& ! new    
en]gy effici5t home cr$it1 to ext5d !   
en]gy effici5t comm]cial build+s        
d$uction1 to elim9ate ! basis r$uction =
 l[-income h\s+ prop]ties receiv+ c]ta9 
en]gy b5efits1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,build+ ,effici5tly ,act ( #bjai4  #b4  
,ext5sion & expansion ( new en]gy       
effici5t home cr$it  7a7 ,ext5sion (    
cr$it ,section #de,l7g7 ( ! ,int]nal    
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
,decemb] #ca1 #bjag & ins]t+ ,decemb]   
#ca1 #bjbj4  7b7 ,cr$it = qualifi$ en]gy
 effici5t r5tal prop]ty ,p>agraph 7#b7 (
 section #de,l7a7 ( su* ,code is am5d$  
by /rik+ & at ! end ( subp>agraph 7,a71 
by /rik+ ! p]iod at ! end ( subp>agraph 

7,b7 & ins]t+ 1 &1 & by add+ at ! end ! 
foll[+3  7,c7 9 lieu ( subp>agraphs 7,a7
 & 7,b71 9 ! case ( qualifi$ new en]gy  
effici5t home t is a qualifi$ en]gy     
effici5t resid5tial r5tal prop]ty1 #c4c 
p]c5t ( ! co/ ( con/ruction ( su*       
prop]ty1 r$uc$ by any exp5diture n tak5 
into acc\nt "u ?is section by reason (  
subsection 7f74  4  7c7 ,qualifi$ en]gy 
effici5t resid5tial r5tal prop]ty def9$ 
,subsection 7b7 ( section #de,l ( su*   
,code is am5d$ by add+ at ! end !       
foll[+3  7#e7 ,qualifi$ en]gy effici5t  
resid5tial r5tal prop]ty  7,a7 ,9 g5]al 
,! t]m qualifi$ en]gy effici5t          
resid5tial real prop]ty means a build+  
:i* is resid5tial r5tal prop]ty :i* is  
describ$ 9 subp>agraph 7,b71 7,c71 or   
7,d74  7,b7 ,new or recon/ruct$ build+  
,a build+ is describ$ 9 ?is subp>agraph 
if-- 7i7 ! c]tification requirem5ts (   
subp>agraph 7,e7 ) respect to ! build+  
are met1  7ii7 ! orig9al use ( :i*      
comm5ces ) ! taxpay]1 &  7iii7 ! build+ 
is plac$ 9 s]vice aft] ! date ( !       

enactm5t ( ! ,build+ ,effici5tly ,act ( 
#bjai4  7,c7 ,improvem5ts to exi/+      
build+ ,a build+ is describ$ 9 ?is      
subp>agraph if1 only aft] improvem5ts   
are made to ! build+-- 7i7 !            
c]tification requirem5ts ( subp>agraph  
7,e7 ) respect to ! build+ are met1     
7ii7 ! orig9al use ( ! improv$ build+   
comm5ces ) ! taxpay]1  7iii7 ! improv$  
build+ is plac$ 9 s]vice aft] ! date ( !
 enactm5t ( ! ,build+ ,effici5tly ,act (
 #bjai1 &  7iv7 ! taxpay] elects to !   
application ( ?is p>agraph ) respect to 
! build+4  7,d7 ,build+s acquir$ by     
pur*ase ,a build+ is describ$ 9 ?is     
subp>agraph if ! build+--  7i7 is       
acquir$ by pur*ase f an unrelat$ p]son1 
7ii7 meets ! c]tification requirem5ts ( 
subp>agraph 7,e71 &  7iii7 is plac$ 9   
s]vice aft] ! date ( ! enactm5t ( !     
,build+ ,effici5tly ,act ( #bjai4  7,e7 
,c]tification requirem5ts ,! requirem5ts
 ( ?is subp>agraph are met if1 ) respect
 to a build+1 ! build+ is c]tifi$ 9     
accordance ) subsection 7d7 z be+       

con/ruct$1 recon/ruct$1 or retr(itt$1 z 
! case may be1 "u a plan design$ to     
r$uce en]gy & p[] consumption ( ! build+
 by #dj p]c5t or m 9 comp>ison to--  7i7
 9 ! case ( retr(its made to an exi/+   
build+1 ! basel9e annual en]gy & p[]    
consumption ( ! build+1 or  7ii7 9 any  
o!r case1 a ref]5ce build+ :i* meets !  
m9imum requirem5ts ( ! ,int]national    
,en]gy ,cons]vation ,code #bjah us+     
me?ods ( calculation "u subsection 7d74 
7,f7 ,basel9e annual en]gy & p[]        
consumption ,! basel9e annual en]gy &   
p[] consumption ( any build+ %all be    
det]m9$ by us+-- 7i7 a build+ en]gy     
p]=mance b5*m>k+ tool designat$ =       
purposes ( ?is p>agraph by !            
,adm9i/rator ( ! ,environm5tal          
,protection ,ag5cy1 :i* is bas$ ^u en]gy
 & p[] consumption data dur+ ! #a-ye>   
p]iod end+ on ! date on :i* retr(its "u 
! plan are plac$ 9 s]vice1 or  7ii7 su* 
o!r me?ods ( calculation z c]tifi$ by ! 
,secret>y 9 accordance ) subsection 7d74
  7,g7 ,relat$ p]sons ,= purposes (     

subp>agraph 7,d71 a p]son is relat$ to  
ano!r p]son if--  7i7 ! p]sons are      
memb]s ( an affiliat$ gr\p 7z def9$ 9   
section #aejd71 or  7ii7 ! p]sons h a   
relation%ip describ$ 9 subsection 7b7 ( 
section #bfg2 except t1 = purposes ( ?is
 clause1 ! phrase #hj p]c5t or m %all be
 sub/itut$ = ! phrase m ?an #ej p]c5t   
ea* place x appe>s 9 su* subsection &   
rules simil> to ! rules ( subsections   
7c7 & 7e7 7o!r ?an p>agraphs 7#d7 & 7#e7
 !re(7 %all apply4  4  7d7 ,con=m+      
am5dm5t ,section #de,l7d7 is am5d$ by   
/rik+ subsection 7c7 bo? places x appe>s
 & ins]t+ subsection 7b77#e7 or 7c74    
7e7 ,effective ,dates  7#a7 ,ext5sion ,!
 am5dm5t made by subsection 7a7 %all    
apply to prop]ty plac$ 9 s]vice aft]    
,decemb] #ca1 #bjag4  7#b7 ,qualifi$    
en]gy effici5t r5tal prop]ty ,! am5dm5ts
 made by subsections 7b71 7c71 & 7d7    
%all apply to prop]ty plac$ 9 s]vice    
aft] ! date ( ! enactm5t ( ?is ,act1 9  
taxable ye>s end+ aft] su* date4  #c4   
,ext5sion ( en]gy effici5t comm]cial    

build+s d$uction  7a7 ,9 g5]al ,section 
#agi;,d7h7 ( ! ,int]nal ,rev5ue ,code ( 
#aihf is am5d$ by /rik+ ,decemb] #ca1   
#bjag & ins]t+ ,decemb] #ca1 #bjbj4  7b7
 ,effective date ,! am5dm5t made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ,decemb] #ca1 #bjag4  #d4   
,elim9ation ( basis r$uction = l[-income
 h\s+ prop]ties receiv+ c]ta9 en]gy     
b5efits  7a7 ,new en]gy effici5t home   
cr$it ,subsection 7e7 ( section #de,l ( 
! ,int]nal ,rev5ue ,code ( #aihf is     
am5d$-- 7#a7 by /rik+ adju/m5t4--,=     
purposes & ins]t+ 8adju/m5t4--  7#a7 ,9 
g5]al ,= purposes  2 &  7#b7 by add+ at 
! end ! foll[+ new p>agraph3  7#b7      
,exception = l[-income h\s+ prop]ties   
,p>agraph 7#a7 %all n apply to any      
prop]ty ) respect to :i* a cr$it is     
all[$ "u section #db4  4  7b7 ,en]gy    
effici5t comm]cial build+s d$uction     
,subsection 7e7 ( section #agi;,d ( !   
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7#a7 by /rik+ r$uction4--,=     
purposes & ins]t+ 8r$uction4--  7#a7 ,9 

g5]al ,= purposes  2 &  7#b7 by add+ at 
! end ! foll[+ new p>agraph3  7#b7      
,exception = l[-income h\s+ prop]ties   
,p>agraph 7#a7 %all n apply to any      
prop]ty ) respect to :i* a cr$it is     
all[$ "u section #db4  4  7c7 ,en]gy    
cr$it ,p>agraph 7#c7 ( section #ej7;c7 (
 ! ,int]nal ,rev5ue ,code ( #aihf is    
am5d$-- 7#a7 by /rik+ & at ! end (      
subp>agraph 7,a72  7#b7 by /rik+ ! p]iod
 at ! end ( subp>agraph 7,b7 & ins]t+ 1 
&2 &  7#c7 by add+ at ! end ! foll[+ new
 subp>agraph3  7,c7 p>agraph 7#a7 %all n
 apply to any prop]ty ) respect to :i* a
 cr$it is all[$ "u section #db4  4  7d7 
,effective date ,! am5dm5ts made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ! date ( ! enactm5t ( ?is   
,act1 9 taxable ye>s end+ aft] su* date4