,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #eaee  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,novemb] #ai1         
#bjai,mr4 ,s*neid] 7= himself1 ,mr4     
,suozzi1 ,ms4 ,sn*ez1 ,mr4 ,danny ,k4   
,davis ( ,ill9ois1 ,mr4 ,bey]1 ,mr4     
,panetta1 ,mr4 ,blum5au]1 & ,ms4 ,moore7
 introduc$ ! foll[+ bill2 :i* 0 ref]r$  
to ! ,committee on ,ways & ,means  ,a   
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to include wa/e en]gy     
recov]y prop]ty 9 ! en]gy cr$it4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,wa/e ,heat to ,p[] ,inve/m5t ,tax      
,cr$it ,act ( #bjai4  #b4 ,inclusion (  
wa/e en]gy recov]y prop]ty 9 en]gy cr$it
  7a7 ,9 g5]al ,section #dh7;a77#c77;,a7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$ by /rik+ or at ! end ( clause     
7vi71 by add+ or at ! end ( clause      
7vii71 & by add+ at ! end ! foll[+ new  
clause3  7viii7 wa/e en]gy recov]y      
prop]ty1  4  7b7 ,application ( #cj     
p]c5t cr$it ,section #dh7;a77#b77;,a77i7
 ( su* ,code is am5d$ by /rik+ & at !   

end ( subclauses 7,,iii7 & add+ at ! end
 ! foll[+ new subclause3  7,v7 wa/e     
en]gy recov]y prop]ty1 &  4  7c7        
,phase\t ,section #dh7;a7 ( su* ,code is
 am5d$ by add+ at ! end ! foll[+ new    
p>agraph3  7#h7 ,phase\t = wa/e en]gy   
recov]y prop]ty  7,a7 ,9 g5]al ,subject 
to subp>agraph 7,b71 9 ! case ( any wa/e
 en]gy recov]y prop]ty1 ! en]gy p]c5tage
 det]m9$ "u p>agraph 7#b7 %all be equal 
to--  7i7 9 ! case ( any prop]ty !      
con/ruction ( :i* beg9s aft] ,decemb]   
#ca1 #bjbd1 & be=e ,janu>y #a1 #bjbf1   
#bf p]c5t1 &  7ii7 9 ! case ( any       
prop]ty ! con/ruction ( :i* beg9s aft]  
,decemb] #ca1 #bjbe1 & be=e ,janu>y #a1 
#bjbg1 #bb p]c5t4  7,b7 ,plac$ 9 s]vice 
deadl9e ,9 ! case ( any en]gy prop]ty   
describ$ 9 subp>agraph 7,a7 :i* is n    
plac$ 9 s]vice be=e ,janu>y #a1 #bjbi1 !
 en]gy p]c5tage det]m9$ "u p>agraph 7#b7
 %all be equal to #j p]c5t4  4  7d7     
,def9itions ,section #dh7;c7 ( su* ,code
 is am5d$ by add+ at ! end ! foll[+ new 
p>agraph3  7#e7 ,wa/e en]gy recov]y     

prop]ty  7,a7 ,9 g5]al ,! t]m wa/e en]gy
 recov]y prop]ty means prop]ty t g5]ates
 electricity solely f heat f build+s or 
equipm5t if ! prim>y purpose ( su*      
build+ or equipm5t is n ! g5]ation (    
electricity4  7,b7 ,capacity limitation 
,! t]m wa/e en]gy recov]y prop]ty %all n
 include any prop]ty :i* has a capacity 
9 excess ( #ej megawatts4  7,c7 ,no     
d\ble b5efit ,any wa/e en]gy recov]y    
prop]ty 7det]m9$ )\t reg>d to ?is       
subp>agraph7 :i* is "p ( a sy/em :i* is 
a comb9$ heat & p[] sy/em prop]ty %all n
 be treat$ z wa/e en]gy recov]y prop]ty 
= purposes ( ?is section unless !       
taxpay] elects to n treat su* sy/em z a 
comb9$ heat & p[] sy/em prop]ty =       
purposes ( ?is section4  7,d7 ,t]m9ation
 ,! t]m wa/e en]gy recov]y prop]ty %all 
n include any prop]ty ! con/ruction (   
:i* does n beg9 be=e ,janu>y #a1 #bjbg4 
4  7e7 ,effective date ,! am5dm5ts made 
by ?is section %all apply to p]iods aft]
 ,decemb] #ca1 #bjai1 "u rules simil> to
 ! rules ( section #dh7m7 z 9 effect on 

! day be=e ! date ( ! enactm5t ( !      
,rev5ue ,reconciliation ,act ( #aiij4