,i  #aafth ,,congress  #ast ,session    
,h4 ,r4 #eafe  ,,in ,,the ,,house ,,of  
,,representatives  ,november #ai1       
#bjai,mr4 ,brendan ,f4 ,boyle of        
,pennsylvania 7for himself1 ,ms4        
,snchez1 ,mr4 ,suozzi1 ,mr4 ,panetta1   
,mr4 ,blumenauer1 ,mr4 ,gomez1 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
 extend the advanced energy project     
credit4  #a4 ,short title ,this ,act may
 be cited as the ,innovative ,energy    
,manufacturing ,act of #bjai4  #b4      
,extension of the advanced energy       
project credit  7a7 ,in general ,section
 #dh;,c of the ,internal ,revenue ,code 
of #aihf is amended by redesignating    
subsection 7e7 as subsection 7f7 and by 
inserting after subsection 7d7 the      
following new subsection3  7e7          
,additional allocations  7#a7 ,in       
general ,not later than #ahj days after 
the date of enactment of this paragraph1

 the ,secretary1 after consultation with
 the ,secretary of ,energy1 shall       
establish a program to designate amounts
 of qualifying advanced project credit  
limitation to qualifying advanced energy
 projects4  7#b7 ,annual limitation     
7,a7 ,in general ,the amount of         
qualifying advanced project credit      
limitation that may be designated under 
this subsection during any calendar year
 shall not exceed the annual credit     
limitation with respect to such year4   
7,b7 ,annual credit limitation ,for     
purposes of this subsection1 the term   
annual credit limitation means          
#b1ejj1jjj1jjj for each of calendar     
years #bjbj1 #bjba1 #bjbb1 #bjbc1 and   
#bjbd1 and zero thereafter4  7,c7       
,carryover of unused limitation ,if the 
annual credit limitation for any        
calendar year exceeds the aggregate     
amount designated for such year under   
this subsection1 such limitation for the
 succeeding calendar year shall be      
increased by the amount of such excess4 

,no amount may be carried under the     
preceding sentence to any calendar year 
after #bjbd4  7#c7 ,placed in service   
deadline ,no credit shall be determined 
under subsection 7a7 with respect to any
 property which is placed in service    
after the date that is #d years after   
the date of the designation under this  
subsection relating to such property4   
7#d7 ,selection criteria ,selection     
criteria similar to those in subsection 
7d77#c7 shall apply1 except that in     
determining designations under this     
subsection1 the ,secretary1 after       
consultation with the ,secretary of     
,energy1 shall give the highest priority
 to projects which manufacture 7other   
than assembly of components7 property   
described in a subclause of subsection  
7c77#a77;,a77i7 7or components thereof74
  7#e7 ,disclosure of designations      
,rules similar to the rules of          
subsection 7d77#e7 shall apply for      
purposes of this subsection4  4  7b7    
,effective date ,the amendment made by  

this section shall take effect on the   
date of the enactment of this ,act4  7c7
 ,progress report ,during the #cj-;day  
period ending on ,december #ca1 #bjbe1  
the ,secretary of the ,treasury 7or the 
,secretary's delegate71 after           
consultation with the ,secretary of     
,labor1 shall submit a report to        
,congress on the domestic job creation1 
and wages associated with such jobs1    
attributable to the amendment made by   
this section4