,i #aafth ,,congress #b;d ,session ,h4 ,r4 #hcei ,,in ,,the ,,house ,,of ,,representatives ,september #bc1 #bjbj,mr4 ,marchant 7for himself and ,mr4 ,perry7 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 repeal the credit for electricity produced from certain renewable resources1 and for other purposes4 #a4 ,short title ,this ,act may be cited as the ,,ptc ,elimination ,act4 #b4 ,repeal of credit for electricity produced from certain renewable resources 7a7 ,repeal of credit 7#a7 ,in general ,subpart ,d of part ,,iv of subchapter ,a of chapter #a of the ,internal ,revenue ,code of #aihf is amended by striking section #de 7and by striking the item relating to such section in the table of sections for such subpart74 7#b7 ,conforming amendments 7,a7 ,section #ch of such ,code is amended-- 7i7 in subsection 7b71 by striking paragraph 7#h71 and 7ii7 in subsection 7c77#d77;,b71 by striking clauses 7iv7 and 7v74 7,b7 ,section #de;,j of such ,code is amended by adding at the end the following new subsection3 7g7 ,references to section #de ,any reference in this section to any provision of section #de shall be treated as a reference to such provision as in effect immediately before its repeal4 4 7,c7 ,section #de,k7g77#b7 of such ,code is amended by striking subparagraph 7,e74 7,d7 ,section #dh of such ,code is amended by adding at the end the following new subsection3 7e7 ,references to section #de ,any reference in this section to any provision of section #de shall be treated as a reference to such provision as in effect immediately before its repeal4 4 7,e7 ,section #ee7;c77#a7 of such ,code is amended by striking #de7;e77#aa77;,c714 7,f7 ,section #ei;,a7b77#d7 of such ,code is amended by inserting and at the end of subparagraph 7,a7 and by striking subparagraph 7,b74 7#c7 ,effective date ,the amendments made by this subsection shall apply to electricity produced and sold after ,december #ca1 #bjcd4 7b7 ,sense of ,congress regarding further extension ,it is the sense of the ,congress that the credit under section #de of the ,internal ,revenue ,code of #aihf should be allowed to expire and should not be extended beyond the termination dates specified in such section as of the date of the enactment of this ,act4