,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #eaed  ,,in ,,the ,,house ,,of  
,,representatives  ,november #ai1       
#bjai,mr4 ,horsford 7for himself1 ,mr4  
,higgins of ,new ,york1 ,ms4 ,snchez1   
,mr4 ,suozzi1 ,mr4 ,beyer1 ,mr4         
,panetta1 ,ms4 ,del,bene1 ,mr4          
,blumenauer1 and ,ms4 ,moore7 introduced
 the following bill2 which was referred 
to the ,committee on ,ways and ,means   
,a ,,bill  ,to amend the ,internal      
,revenue ,code of #aihf to include      
geothermal energy in the #cj percent    
energy credit4  #a4 ,short title ,this  
,act may be cited as the ,geothermal    
,energy ,opportunity ,act of #bjai or   
the ,,geo ,act of #bjai4  #b4 ,inclusion
 of geothermal in #cj percent energy    
credit  7a7 ,in general ,section        
#dh7;a77#b77;,a77i77,,ii7 of the        
,internal ,revenue ,code of #aihf are   
each amended by striking paragraph      
7#c77;,a77i7 and inserting clause 7i7 or
 7iii7 of paragraph 7#c77;,a74  7b7     
,phaseout ,section #dh7;a7 of such ,code

 is amended by adding at the end the    
following new paragraph3  7#h7 ,phaseout
 for geothermal  7,a7 ,in general       
,subject to subparagraph 7,b71 in the   
case of any energy property described in
 paragraph 7#c77;,a77iii7 the           
construction of which begins before     
,january #a1 #bjbg1 the energy          
percentage determined under paragraph   
7#b7 shall be equal to--  7i7 in the    
case of any property the construction of
 which begins after ,december #ca1      
#bjbd1 and before ,january #a1 #bjbf1   
#bf percent1 and  7ii7 in the case of   
any property the construction of which  
begins after ,december #ca1 #bjbe1 and  
before ,january #a1 #bjbg1 #bb percent4 
7,b7 ,placed in service deadline ,in the
 case of any energy property described  
in paragraph 7#c77;,a77iii7 the         
construction of which begins before     
,january #a1 #bjbg1 and which is not    
placed in service before ,january #a1   
#bjbi1 the energy percentage determined 
under paragraph 7#b7 shall be equal to  

#aj percent4  4  7c7 ,effective date    
,the amendments made by this section    
shall apply to periods after ,december  
#ca1 #bjai1 under rules similar to the  
rules of section #dh7m7 as in effect on 
the day before the date of the enactment
 of the ,revenue ,reconciliation ,act of
 #aiij4