,i  #aaf? ,,congress  #a/ ,session  ,h4 
,r4 #ecge  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,decemb] #aj1         
#bjai,ms4 ,gabb>d 7= h]self & ,mr4      
,case7 introduc$ ! foll[+ bill2 :i* 0   
ref]r$ to ! ,committee on ,ways & ,means
  ,a ,,bill  ,to am5d ! ,int]nal ,rev5ue
 ,code ( #aihf to all[ ! en]gy cr$it =  
c]ta9 ocean !rmal en]gy equipm5t4  #a4  
,%ort title2 f9d+s  7a7 ,%ort title ,?is
 ,act may be cit$ z ! ,e4 ,coop] ,br[n  
,ocean ,clean ,en]gy ,act ( #bjai4  7b7 
,f9d+s relat$ to ,ocean ,!rmal ,en]gy   
,conv]sion ,congress f9ds ! foll[+ )    
respect to ocean !rmal en]gy conv]sion  
7,,otec73  7#a7 ,,otec is a clean en]gy 
te*nology t produces en]gy by us+       
temp]ature diff]5tials betwe5 cool] deep
 & w>m surface seawat]s4  7#b7 ,,otec   
te*nology has ! pot5tial to produce     
massive levels ( clean en]gy to g5]ate  
electricity4  7#c7 ,deploym5t ( ,,otec  
te*nology w r$uce gre5h\se gases &      
reliance on fossil fuels4  7#d7 ,9      
tropical & subtropical remote locations1

 electricity is exp5sive to g5]ate4 ,p[]
 g5]at$ f ,,otec te*nology w be         
inexp5sive :5 comp>$ to ! unit co/ ( p[]
 f a traditional oil bas$ electrical    
g5]ation sy/em4  7#e7 ,,otec g5]at$     
en]gy w\ld r$uce op]ational co/s =      
remote milit>y bases su* z ,kwajale9 &  
,diego ,g>cia24  7#f7 ,! ,unit$ ,/ates  
became involv$ 9 ,,otec rese>* 9 #aigd )
 ! e/abli%m5t ( ! ,natural ,en]gy       
,laboratory ( ,hawaii ,au?ority4 ,!     
laboratory is "o ( ! _w's lead+ te/     
facilities = ,,otec te*nology4 ,! ,unit$
 ,/ates ,navy support$ ! developm5t ( a 
#aje k,w demon/ration ,,otec plant at ! 
laboratory site4 ,?is facility became   
op]ational 9 #bjae & supplies           
electricity to ! local electricity grid4
  7#g7 ,9 c]ta9 regions1 on%ore ,,otec  
plants are also feasible & !y c be      
configur$ to support seawat] or lake    
wat] air condition+ 7,,swac_/,,lwac7    
sy/ems = refrig]ation & cool+1          
agriculture1 & desal9ation sy/ems = wat]
 purification4  7#h7 ,economic b5efits (

 ,,otec include r$uc$ fuel imports1     
/able utilities pric+1 r$uc$ capital    
exp5se to p[] companies & gov]nm5ts1 &  
significant en]gy co/s sav+s4  7#i7     
,social b5efits ( ,,otec include & an   
ability to produce fre%wat] & promotion 
( aquaculture4  7c7 ,f9d+s relat$ to    
seawat] air condition+ ,congress f9ds ! 
foll[+ ) respect to seawat] air         
condition+ 7,,swac73  7#a7 ,,swac is an 
alt]nate-en]gy sy/em t uses ! cold wat] 
f ! deep ocean 7& 9 "s cases a deep     
lake7 to cool build+s4  7#b7 ,,swac 0   
develop$ z a second>y b5efit 9 !        
developm5t ( ocean !rmal en]gy conv]sion
 7,,otec7 & c be us$ 9 conjunction ) an 
,,otec sy/em or z a /&alone alt]nate    
en]gy sy/em4  7#c7 ,! basic process     
involves wat] t is pump$ f a deep       
cold-wat] s\rce 7ocean or lake7 & !n    
pass$ ?r\gh a heat ex*ang]4 ,a          
clos$-loop fre%wat] wat] di/ribution    
sy/em is pump$ ?r\gh a heat ex*ang]     
cool+ ! wat] & ! cool$ wat] is di/ribut$
 ?r\gh\t a build+ or gr\p ( build+s     

7i4e41 a di/rict cool+ sy/em74  7#d7 ,! 
,,swac te*nology has be5 prov5          
successful ) l>ge sy/ems at ,cornell    
,univ]sity1 ,toronto1 ,canada1 & !      
,natural ,en]gy ,au?ority ( ,hawaii     
7,,nelha74  7#e7 ,environm5tal b5efits (
 ,,swac include be+ a clean1 r5ewable   
s\rce ( en]gy1 decreas$ reliance on     
fossil fuels = cool+1 & r$uction 9      
gre5h\se gas emissions4  7#f7 ,economic 
b5efits ( ,,swac include /able long-t]m 
en]gy co/s & indep5d5ce f m>ket tr5ds1  
r$uc$ op]at+ co/s 7includ+ l[] co/s 9   
fuel1 fre%wat]1 equipm5t1 & equipm5t    
ma9t5ance71 & be+ a co/-effective &     
attractive en]gy te*nology inve/m5t4    
#b4 ,en]gy cr$it = c]ta9 ocean !rmal    
en]gy prop]ty  7a7 ,9 g5]al ,section    
#dh7;a77#c77;,a7 ( ! ,int]nal ,rev5ue   
,code ( #aihf is am5d$ by /rik+ or at ! 
end ( clause 7vi71 by add+ or at ! end (
 clause 7vii71 & by add+ at ! end !     
foll[+ new clause3  7viii7 equipm5t :i* 
conv]ts ocean !rmal en]gy to usable     
en]gy or :i* uses ocean wat] z a !rmal  

en]gy s9k to cool a /ructure1  4  7b7   
#ae-,p]c5t cr$it ,section               
#dh7;a77#b77;,a7 ( su* ,code is am5d$-- 
7#a7 by /rik+ & at ! end ( clause       
7i77,,iv72  7#b7 by r$esignat+ clause   
7ii7 z clause 7iii72  7#c7 by /rik+ any 
en]gy prop]ty to :i* clause 7i7 does n  
apply 9 clause 7iii7 7z s r$esignat$7 & 
ins]t+ any o!r en]gy prop]ty2 &  7#d7 by
 ins]t+ aft] clause 7i7 ! foll[+ new    
clause3  7ii7 #ae p]c5t 9 ! case ( any  
en]gy prop]ty describ$ 9 p>agraph       
7#c77;,a77viii71 &  4  7c7 ,effective   
date ,! am5dm5ts made by ?is section    
%all apply to p]iods aft] ,decemb] #ca1 
#bjai1 "u rules simil> to ! rules (     
section #dh7m7 ( ! ,int]nal ,rev5ue     
,code ( #aihf 7z 9 effect on ! day be=e 
! date ( ! enactm5t ( ! ,rev5ue         
,reconciliation ,act ( #aiij74