,i #aaf? ,,congress #a/ ,session ,h4 ,r4 #eafg ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,novemb] #ai1 #bjai,mr4 ,lewis 7= himself1 ,mr4 ,evans1 ,mr4 ,gomez1 ,mr4 ,suozzi1 ,ms4 ,sewell ( ,alabama1 ,ms4 ,sn*ez1 ,mr4 ,danny ,k4 ,davis ( ,ill9ois1 ,ms4 ,moore1 ,mr4 ,panetta1 ,mr4 ,br5dan ,f4 ,boyle ( ,p5nsylvania1 ,mr4 ,blum5au]1 ,ms4 ,del,bene1 & ,ms4 ,judy ,*u ( ,cali=nia7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to provide a cr$it = qualifi$ environm5tal ju/ice programs4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,creat+ ,opportunities 9 ,rese>* = ,environm5tal ,ju/ice ,act ( #bjai or ! ,,core ,ju/ice ,act ( #bjai4 #b4 ,qualifi$ environm5tal ju/ice program cr$it 7a7 ,9 g5]al ,subp>t ,c ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #cf;,c4 ,qualifi$ environm5tal ju/ice programs 7a7 ,all[ance ( cr$it ,9 ! case ( an eligible educational in/itution1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by ?is subtitle = any taxable ye> an am\nt equal to ! applicable p]c5tage ( ! am\nts paid or incurr$ by su* taxpay] dur+ su* taxable ye> :i* are necess>y = a qualifi$ environm5tal ju/ice program4 7b7 ,qualifi$ environm5tal ju/ice program ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m qualifi$ environm5tal ju/ice program means a program conduct$ by "o or m eligible educational in/itutions t is design$ to address1 or improve data ab\t1 qualifi$ environm5tal /ressors = ! prim>y purpose ( improv+1 or facilitat+ ! improvem5t (1 heal? & economic outcomes ( individuals resid+ 9 l[-income areas or areas populat$ disproportionately by racial or e?nic m9orities4 7#b7 ,qualifi$ environm5tal /ressor ,! t]m qualifi$ environm5tal /ressor means1 ) respect to an area1 a contam9ation ( ! air1 wat]1 soil1 or food ) respect to su* area or a *ange relative to hi/orical norms ( ! wea!r conditions ( su* area4 7c7 ,eligible educational in/itution ,= purposes ( ?is section1 ! t]m eligible educational in/itution means an in/itution ( high] education 7z su* t]m is def9$ 9 section #aja or #ajb7;c7 ( ! ,high] ,education ,act ( #aife7 t is eligible to p>ticipate 9 a program "u title ,,iv ( su* ,act4 7d7 ,applicable p]c5tage ,= purposes ( ?is section1 ! t]m applicable p]c5tage means-- 7#a7 9 ! case ( a program involv+ mat]ial p>ticipation ( faculty & /ud5ts ( an in/itution describ$ 9 section #cga7;a7 ( ! ,high] ,education ,act ( #aife1 #cj p]c5t 1 & 7#b7 9 all o!r cases1 #bj p]c5t4 7e7 ,cr$it allocation 7#a7 ,allocation 7,a7 ,9 g5]al ,! ,secret>y %all allocate cr$it doll> am\nts "u ?is section to eligible educational in/itutions1 = qualifi$ environm5tal ju/ice programs1 t-- 7i7 submit applications at su* "t & 9 su* mann] z ! ,secret>y may provide1 & 7ii7 are select$ by ! ,secret>y "u subp>agraph 7,b74 7,b7 ,selection crit]ia ,! ,secret>y1 aft] consultation ) ! ,secret>y ( ,en]gy1 ! ,secret>y ( ,education1 ! ,secret>y ( ,heal? & ,human ,s]vices1 & ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 %all select applications on ! basis ( ! foll[+ crit]ia3 7i7 ,! ext5t ( p>ticipation ( faculty & /ud5ts ( an in/itution describ$ 9 section #cga7;a7 ( ! ,high] ,education ,act ( #aife4 7ii7 ,! ext5t ( ! expect$ effect on ! heal? or economic outcomes ( individuals resid+ 9 areas )9 ! ,unit$ ,/ates t are l[-income areas or areas populat$ disproportionately by racial or e?nic m9orities4 7iii7 ,! creation or significant expansion ( qualifi$ environm5tal ju/ice programs4 7#b7 ,limitations 7,a7 ,9 g5]al ,! am\nt ( ! cr$it det]m9$ "u ?is section = any taxable ye> to any eligible educational in/itution = any qualifi$ environm5tal ju/ice program %all n exce$ ! excess (-- 7i7 ! cr$it doll> am\nt allocat$ to su* in/itution = su* program "u ?is subsection1 ov] 7ii7 ! cr$its previ\sly claim$ by su* in/itution = su* program "u ?is section4 7,b7 ,five-ye> limitation ,no am\nts paid or incurr$ aft] ! #e-ye> p]iod beg9n+ on ! date a cr$it doll> am\nt is allocat$ to an eligible educational in/itution = a qualifi$ environm5tal ju/ice program %all be tak5 into acc\nt "u subsection 7a7 ) respect to su* in/itution = su* program4 7,c7 ,allocation limitation ,! total am\nt ( cr$its t may be allocat$ "u ! program %all n exce$-- 7i7 #a1jjj1jjj1jjj = ea* ( #bjbj1 #bjba1 #bjbb1 #bjbc1 & #bjbd1 & 7ii7 #j = ea* subsequ5t ye>4 7f7 ,requirem5ts 7#a7 ,9 g5]al ,an eligible educational in/itution t has be5 allocat$ cr$it doll> am\nts "u ?is section = a qualifi$ environm5tal ju/ice project = a taxable ye> %all-- 7,a7 make publicly available ! application submitt$ to ! ,secret>y "u subsection 7e7 ) respect to su* project1 & 7,b7 submit an annual report to ! ,secret>y t describes ! am\nts paid or incurr$ =1 & expect$ impact (1 su* project4 7#b7 ,failure to comply ,9 ! case ( an eligible educations in/itution t has fail$ to comply ) ! requirem5ts ( ?is subsection1 ! cr$it doll> am\nt allocat$ to su* in/itution "u ?is section is deem$ to be #j4 7g7 ,public disclosure ,! ,secret>y1 ^u mak+ an allocation ( cr$it doll> am\nts "u ?is section1 %all publicly disclose-- 7#a7 ! id5tity ( ! eligible educational in/itution receiv+ ! allocation1 & 7#b7 ! am\nt ( su* allocation4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #fbaa7;b77#d77;,a7 ( su* ,code is am5d$ by ins]t+ #cf;,c1 aft] #cf;,b14 7#b7 ,p>agraph 7#b7 ( section #acbd7;b7 ( title #ca1 ,unit$ ,/ates ,code1 is am5d$ by ins]t+ #cf;,c1 aft] #cf;,b14 7c7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,c ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] ! item relat+ to section #cf;,b ! foll[+ new item3 ,sec4 #cf;,c4 ,qualifi$ environm5tal ju/ice programs4 4 7d7 ,effective date ,! am5dm5ts made by ?is subsection %all take effect on ! date ( ! enactm5t ( ?is ,act4