,i  #aaf? ,,congress  #b;d ,session  ,h4
 ,r4 #hecj  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,octob] #f1 #bjbj,mr4 
,c>bajal 7= himself & ,mr4 ,l[5?al7     
introduc$ ! foll[+ bill2 :i* 0 ref]r$ to
 ! ,committee on ,ways & ,means  ,a     
,,bill  ,to am5d ! ,int]nal ,rev5ue     
,code ( #aihf to provide = en]gy        
opportunity zones4  #a4 ,%ort title ,?is
 ,act may be cit$ z ! ,en]gy            
,opportunity ,zones ,act ( #bjbj4  #b4  
,opportunity zones  7a7 ,9 g5]al ,*apt] 
#a ( ! ,int]nal ,rev5ue ,code ( #aihf is
 am5d$ by ins]t+ be=e sub*apt] ,z !     
foll[+ new sub*apt]3  ,y ,en]gy         
,opportunity ,zones  ,sec4 #adjj,y-#a4  
,en]gy opportunity zones4  #adjj,y-#a4  
,en]gy opportunity zones  7a7           
,production tax cr$it ,9 ! case ( a     
qualifi$ en]gy opportunity zone         
facility1 section #de %all be adm9i/]$ z
 if-- 7#a7 subsection 7b77#e7 did n     
apply1  7#b7 #bjej 7 sub/itut$ = #bjba 9
 subsection 7d77#a71 &  7#c7 #bjej 7    
sub/itut$ = #bjba ea* place su* date    

appe>s 9 p>agraphs 7#b77;,a71           
7#c77;,a77i71 7#d77;,b71 7#f71 7#g71    
7#i71 & 7#aa77;,b7 ( subsection 7d74    
7b7 ,inve/m5t tax cr$it ,9 ! case (     
qualifi$ en]gy opportunity zone prop]ty1
 section #dh %all be adm9i/]$ z if--    
7#a7 #bjej 7 sub/itut$ = #bjbb 9        
p>agraphs 7#b77;,a77i77,,ii71           
7#c77;,a77ii71 & 7#c77;,a77vii7 (       
subsection 7a71  7#b7 #bjej 7 sub/itut$ 
= #bjba 9 subsection 7a77#e77;,c77ii71  
7#c7 p>agraphs 7#e77;,e71 7#f71 & 7#g7 (
 subsection 7a7 did n apply1  7#d7      
p>agraphs 7#a77;,d7 & 7#b77;,d7 (       
subsection 7c7 did n apply1  7#e7 #bjej 
7 sub/itut$ = #bjbb 9 subsection        
7c77#c77;,a77iv71 &  7#f7 subsection    
7c77#d77;,c7 did n apply4  7c7          
,def9itions ,= purposes ( ?is section-- 
7#a7 ,qualifi$ en]gy opportunity zone   
facility ,! t]m qualifi$ en]gy          
opportunity zone facility means any     
facility :i* is locat$ )9 an en]gy      
opportunity zone & ! con/ruction ( :i* 0
 subject to a project labor agreem5t4   

7#b7 ,qualifi$ en]gy opportunity zone   
prop]ty ,! t]m qualifi$ en]gy           
opportunity zone prop]ty means any      
prop]ty if-- 7,a7 su* prop]ty is locat$ 
)9 an en]gy opportunity zone1  7,b7 !   
con/ruction ( su* prop]ty 0 subject to a
 project labor agreem5t1 &  7,c7 all    
labor]s & me*anics employ$ by any       
contractor or subcontractor 9 !         
con/ruction ( su* prop]ty 7 paid wages  
at rates n less ?an ^? prevail+ on      
simil> con/ruction 9 ! locality z       
det]m9$ by ! ,secret>y ( ,labor "u      
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code 7commonly ref]r$ to 
z ! 8,davis-,bacon ,act074  7#c7 ,en]gy 
opportunity zone def9$ ,! t]m en]gy     
opportunity zone means-- 7,a7 any area  
:i* is )9 #abj miles (-- 7i7 a nucle>   
p[] plant1 or a facility :i* utilizes   
coal to g5]ate electricity1 :i* 7aft] ! 
date :i* is #aj ye>s be=e ! date ( !    
enactm5t ( ?is section7 ceases op]ation1
 or  7ii7 a nucle> p[] plant :i* is     
s*$ul$ to cease op]ation n lat] ?an #f  

ye>s aft] ! date ( ! enactm5t ( ?is     
section1 &  7,b7 any o!r area t c       
reasonably demon/rate h[ *anges 9 !     
nucle> or coal economy h result$ 7or are
 anticipat$ to result7 9 job losses 9   
su* area4  7#d7 ,project labor agreem5t 
,! t]m project labor agreem5t means a   
pre-hire collective b>ga9+ agreem5t ) "o
 or m labor organizations t e/abli%es ! 
t]ms & conditions ( employm5t = a       
specific con/ruction project & :i* is an
 agreem5t describ$ 9 section #h7;f7 ( ! 
,national ,labor ,relations ,act 7#bf   
,u4,s4,c4 #aeh7;f774  4  7b7 ,cl]ical   
am5dm5t ,! table ( sub*apt]s = *apt] #a 
( su* ,code is am5d$ by ins]t+ be=e !   
item relat+ to sub*apt] ,z ! foll[+ new 
item3  ,sub*apt] ,y--,en]gy ,opportunity
 ,zones  4  7c7 ,effective date  7#a7 ,9
 g5]al ,except z provid$ 9 p>agraph     
7#b71 ! am5dm5ts made by ?is section    
%all apply to prop]ty plac$ 9 s]vice    
aft] ! date ( ! enactm5t ( ?is ,act4    
7#b7 ,application ( progress exp5diture 
rules ,s mu* ( ! am5dm5ts made by ?is   

section z relate to section #dh ( !     
,int]nal ,rev5ue ,code ( #aihf %all     
apply to p]iods aft] ! date ( ! enactm5t
 ( ?is ,act "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  #c4     
,en]gy cr$it = qualifi$ (f%ore w9d      
facilities & en]gy /orage  7a7 ,9 g5]al 
,section #dh ( ! ,int]nal ,rev5ue ,code 
( #aihf is am5d$-- 7#a7 9 subsection    
7a7-- 7,a7 9 p>agraph 7#b77;,a77i7-- 7i7
 9 subclause 7,,ii71 by /rik+ p>agraph  
7#c77;,a77i7 & ins]t+ clause 7i7 or 7ix7
 ( p>agraph 7#c77;,a71 &  7ii7 by /rik+ 
& at ! end ( subclause 7,,iii71 &  7iii7
 by add+ at ! end ! foll[+ new          
subclause3  7,v7 qualifi$ (f%ore w9d    
prop]ty1 &  1 &  7,b7 9 p>agraph        
7#c77;,a7-- 7i7 9 clause 7vi71 by /rik+ 
or at ! end1 &  7ii7 by add+ at ! end ! 
foll[+ new clause3  7viii7 qualifi$     
(f%ore w9d prop]ty1 b only ) respect to 
prop]ty ! con/ruction ( :i* beg9s be=e  

,janu>y #a1 #bjej1 or  7ix7 any equipm5t
 if-- 7,i7 su* equipm5t receives1 /ores1
 & deliv]s en]gy us+ batt]ies1 compress$
 air1 pump$ hydrop[]1 hydrog5 /orage    
7includ+ hydrolysis71 !rmal en]gy       
/orage1 reg5]ative fuel cells1 fly:eels1
 capacitors1 sup]conduct+ magnets1 or   
o!r te*nologies id5tifi$ by ! ,secret>y 
9 consultation ) ! ,secret>y ( ,en]gy1  
7,,ii7 su* equipm5t has a capacity ( n  
less ?an #e megawatt h\rs1  7,,iii7 su* 
equipm5t is locat$ 9 an en]gy           
opportunity zone 7z def9$ 9 section     
#adjj,y-#a71  7,,iv7 ! con/ruction ( su*
 equipm5t 0 subject to a project labor  
agreem5t 7z def9$ 9 section #adjj,y-#a71
 &  7,v7 all labor]s & me*anics employ$ 
by any contractor or subcontractor 9 !  
con/ruction ( su* equipm5t 7 paid wages 
at rates n less ?an ^? prevail+ on      
simil> con/ruction 9 ! locality z       
det]m9$ by ! ,secret>y ( ,labor "u      
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code 7commonly ref]r$ to 
z ! 8,davis-,bacon ,act074  1 &  7#b7 9 

subsection 7c71 by add+ at ! end !      
foll[+ new p>agraph3  7#e7 ,qualifi$    
(f%ore w9d prop]ty  7,a7 ,9 g5]al ,! t]m
 qualifi$ (f%ore w9d prop]ty means an   
(f%ore facility1 o!r ?an qualifi$ small 
w9d en]gy prop]ty1 if-- 7i7 su* facility
 uses w9d to produce electricity1  7ii7 
su* facility is locat$ n f>!r ?an #ej   
miles f ! b\nd>y ( an en]gy opportunity 
zone 7z def9$ 9 section #adjj,y-#a71    
7iii7 ! con/ruction ( su* facility 0    
subject to a project labor agreem5t 7z  
def9$ 9 section #adjj,y-#a71 &  7iv7 all
 labor]s & me*anics employ$ by any      
contractor or subcontractor 9 !         
con/ruction ( su* facility 7 paid wages 
at rates n less ?an ^? prevail+ on      
simil> con/ruction 9 ! locality z       
det]m9$ by ! ,secret>y ( ,labor "u      
sub*apt] ,,iv ( *apt] #ca ( title #dj1  
,unit$ ,/ates ,code 7commonly ref]r$ to 
z ! 8,davis-,bacon ,act074  7,b7 ,(f%ore
 facility ,! t]m (f%ore facility means  
any facility locat$ 9 ! inl& navigable  
wat]s ( ! ,unit$ ,/ates1 includ+ !      

,great ,lakes1 or 9 ! coa/al wat]s ( !  
,unit$ ,/ates1 includ+ ! t]ritorial seas
 ( ! ,unit$ ,/ates1 ! exclusive economic
 zone ( ! ,unit$ ,/ates1 & ! out]       
,cont95tal ,%elf ( ! ,unit$ ,/ates4  4  
7b7 ,effective date ,! am5dm5ts made by 
?is section %all apply to p]iods aft] ! 
date ( ! enactm5t ( ?is ,act "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  #d4 ,improvem5ts to cr$it =    
nonbus9ess en]gy prop]ty  7a7 ,ext5sion 
( cr$it  7#a7 ,9 g5]al ,section         
#be;,c7g77#b7 ( ! ,int]nal ,rev5ue ,code
 ( #aihf is am5d$ by /rik+ ,decemb] #ca1
 #bjbj & ins]t+ ,decemb] #ca1 #bjej4    
7#b7 ,effective date ,! am5dm5ts made by
 ?is subsection %all apply to prop]ty   
plac$ 9 s]vice aft] ,decemb] #ca1 #bjbj4
  7b7 ,o!r improvem5ts  7#a7 ,9 g5]al   
,section #be;,c ( ! ,int]nal ,rev5ue    
,code ( #aihf is am5d$-- 7,a7 9         
subsection 7a77#a71 by /rik+ #aj p]c5t &

 ins]t+ #ae p]c5t1  7,b7 9 subsection   
7b7-- 7i7 9 p>agraph 7#a7-- 7,i7 by     
/rik+ #ejj & ins]t+ #a1bjj1 &  7,,ii7 by
 /rik+ ,decemb] #ca1 #bjje & ins]t+     
,decemb] #ca1 #bjai1 &  7ii7 by /rik+   
p>agraphs 7#b7 & 7#c7 & ins]t+ ! foll[+3
  7#b7 ,limitation on insulation mat]ial
 or sy/em ,9 ! case ( am\nts paid or    
incurr$ = compon5ts describ$ 9          
subsection 7c77#c77;,a7 by any taxpay] =
 any taxable ye>1 ! cr$it all[$ "u ?is  
section ) respect to su* am\nts = su*   
ye> %all n exce$ ! excess 7if any7 (    
#fjj ov] ! aggregate cr$its all[$ "u ?is
 section ) respect to su* am\nts = all  
prior taxable ye>s end+ aft] ,decemb]   
#ca1 #bjai4  7#c7 ,limitation on w9d[s  
7,a7 ,9 g5]al  7i7 ,en]gy ,/> ,mo/      
effici5t ,9 ! case ( am\nts paid or     
incurr$ by any taxpay] = any taxable ye>
 = compon5ts describ$ 9 subsection      
7c77#c77;,b7 :i* meet ! mo/ effici5t    
c]tification "u applicable ,en]gy ,/>   
program requirem5ts1 ! cr$it all[$ "u   
?is section ) respect to su* am\nts =   

su* ye> %all n exce$ ! excess 7if any7 (
 #fjj ov] ! aggregate cr$its all[$ "u   
?is section ) respect to su* am\nts =   
all prior taxable ye>s end+ aft]        
,decemb] #ca1 #bjai4  7ii7 ,en]gy ,/> ,9
 ! case ( am\nts paid or incurr$ by any 
taxpay] = any taxable ye> = compon5ts   
describ$ 9 subsection 7c77#c77;,b7 :i* d
 n meet ! mo/ effici5t c]tification "u  
applicable ,en]gy ,/> program           
requirem5ts1 ! cr$it all[$ "u ?is       
section ) respect to su* am\nts = su*   
ye> %all n exce$ ! excess 7if any7 (    
#bjj ov] ! aggregate cr$its all[$ "u ?is
 section ) respect to su* am\nts = all  
prior taxable ye>s end+ aft] ,decemb]   
#ca1 #bjai4  7,b7 ,election  7i7 ,9     
g5]al ,= purposes ( any am\nts paid or  
incurr$ by any taxpay] = compon5ts      
describ$ 9 subsection 7c77#c77;,b71 !   
cr$it all[$ "u ?is section %all only be 
all[$ = compon5ts describ$ 9 clause 7i7 
( subp>agraph 7,a7 or clause 7ii7 ( su* 
subp>agraph1 b n bo?1 z elect$ by !     
taxpay] dur+ ! fir/ taxable ye> 9 :i*   

su* cr$it is be+ claim$ by ! taxpay]4   
7ii7 ,irrevocability ,! ,secret>y %all1 
?r\gh su* rules1 regulations1 &         
proc$ures z are det]m9$ appropriate1    
e/abli% proc$ures = mak+ an election "u 
?is subp>agraph1 :i* %all require t--   
7,i7 any election made by ! taxpay] %all
 be irrevocable1 &  7,,ii7 su* election 
%all rema9 9 effect = all subsequ5t     
taxable ye>s4  7#d7 ,limitation on doors
 ,9 ! case ( am\nts paid or incurr$ =   
compon5ts describ$ 9 subsection         
7c77#c77;,c7 by any taxpay] = any       
taxable ye>1 ! cr$it all[$ "u ?is       
section ) respect to su* am\nts = su*   
ye> %all n exce$-- 7,a7 ! excess 7if    
any7 ( #ejj ov] ! aggregate cr$its all[$
 "u ?is section ) respect to su* am\nts 
= all prior taxable ye>s end+ aft]      
,decemb] #ca1 #bjai1 or  7,b7 #bej = ea*
 ext]ior door4  7#e7 ,limitation on     
resid5tial en]gy prop]ty exp5ditures ,! 
am\nt ( ! cr$it all[$ "u ?is section by 
reason ( subsection 7a77#b7 %all n      
exce$-- 7,a7 9 ! case ( any             

en]gy-effici5t build+ prop]ty-- 7i7 =   
any item ( prop]ty describ$ 9           
subp>agraph 7,a71 7,b71 or 7,c7 (       
subsection 7d77#c71 #fjj1 &  7ii7 = any 
item ( prop]ty describ$ 9 subp>agraph   
7,d7 or 7,e7 ( su* subsection1 #djj1 &  
7,b7 9 ! case ( any qualifi$ natural    
gas1 propane1 or oil furnace or hot wat]
 boil] 7z def9$ 9 subsection 7d77#d771  
an am\nt equal to-- 7i7 #fjj = a hot    
wat] boil]1 &  7ii7 9 ! case ( a        
furnace1 an am\nt equal to ! sum (--    
7,i7 #cjj1 plus  7,,ii7 if ! taxpay] is 
conv]t+ f a non-cond5s+ furnace to a    
cond5s+ furnace1 #cjj4  1  7,c7 9       
subsection 7c7-- 7i7 9 p>agraph 7#b7--  
7,i7 by /rik+ subp>agraphs 7,a7 & 7,b7 &
 ins]t+ ! foll[+3  7,a7 applicable      
,en]gy ,/> program requirem5ts1 9 ! case
 ( an ext]ior w9d[1 a skylight1 or an   
ext]ior door1 &  1  7,,ii7 by r$esignat+
 subp>agraph 7,c7 z subp>agraph 7,b71 & 
7,,iii7 9 subp>agraph 7,b71 z s         
r$esignat$1 by /rik+ #bjji ,int]national
 & all t foll[s ?r\gh ,act ( #bjji &    

ins]t+ #bjae ,,iecc 7z def9$ 9 section  
#de,l7b77#e771  7ii7 9 p>agraph 7#c7--  
7,i7 9 subp>agraph 7,b71 by add+ & at ! 
end1  7,,ii7 9 subp>agraph 7,c71 by     
/rik+ 1 & & ins]t+ a p]iod1 &  7,,iii7  
by /rik+ subp>agraph 7,d71 &  7iii7 by  
add+ at ! end ! foll[+ new p>agraph3    
7#e7 ,labor co/s ,! t]m qualifi$ en]gy  
effici5cy improvem5ts includes          
exp5ditures = labor co/s prop]ly        
allocable to ! onsite prep>ation1       
assembly1 or orig9al in/allation ( any  
en]gy effici5t build+ envelope compon5t4
  1  7,d7 9 subsection 7d7-- 7i7 9      
p>agraph 7#b77;,a7-- 7,i7 9 clause 7i71 
by add+ or at ! end1  7,,ii7 9 clause   
7ii71 by /rik+ 1 or & ins]t+ a p]iod1 & 
7,,iii7 by /rik+ clause 7iii71  7ii7 9  
p>agraph 7#c7-- 7,i7 by /rik+           
subp>agraph 7,a7 & ins]t+ ! foll[+3     
7,a7 an electric heat pump wat] heat]   
:i*1 9 ! /&>d ,dep>tm5t ( ,en]gy te/    
proc$ure1 yields a uni=m en]gy factor ( 
at lea/ #c4j1  1  7,,ii7 9 subp>agraph  
7,b71 by /rik+ ,janu>y #a1 #bjji &      

ins]t+ ! date ( enactm5t ( ! ,home      
,en]gy ,sav+s ,act1  7,,iii7 9          
subp>agraph 7,c71 by /rik+ ,janu>y #a1  
#bjji & ins]t+ ! date ( enactm5t ( !    
,home ,en]gy ,sav+s ,act1  7,,iv7 by    
/rik+ subp>agraph 7,d7 & ins]t+ !       
foll[+3  7,d7 a natural gas1 propane1 or
 oil wat] heat] :i*1 9 ! /&>d ,dep>tm5t 
( ,en]gy te/ proc$ure1 yields-- 7i7 9 ! 
case ( a /orage tank wat] heat]-- 7,i7 9
 ! case ( a m$ium-draw wat] heat]1 a    
uni=m en]gy factor ( n less ?an #j4gh1 &
  7,,ii7 9 ! case ( a high-draw wat]    
heat]1 a uni=m en]gy factor ( n less ?an
 #j4hj1 &  7ii7 9 ! case ( a tankless   
wat] heat]-- 7,i7 9 ! case ( a          
m$ium-draw wat] heat]1 a uni=m en]gy    
factor ( n less ?an #j4hg1 &  7,,ii7 9 !
 case ( a high-draw wat] heat]1 a uni=m 
en]gy factor ( n less ?an #j4ij1 &  1 & 
7,v7 9 subp>agraph 7,e71 by /rik+ ( at  
lea/ #ge p]c5t & ins]t+ ! foll[+3 7z    
det]m9$ pursuant to ! applicable li/    
publi%$ by ! ,environm5tal ,protection  
,ag5cy = c]tifi$ wood /oves1 hydronic   

heat]s1 or =c$-air furnaces7 ( at lea/--
 7i7 9 ! case ( any /ove plac$ 9 s]vice 
be=e ,janu>y #a1 #bjba1 #gc p]c5t1 &    
7ii7 9 ! case ( any /ove plac$ 9 s]vice 
aft] ,decemb] #ca1 #bjbj1 #ge p]c5t4  1 
7iii7 9 p>agraph 7#d71 by /rik+ n less  
?an #ie & ins]t+ ! foll[+3 n less ?an-- 
7,a7 9 ! case ( a furnace1 #ig p]c5t1 & 
7,b7 9 ! case ( a hot wat] boil]1 #ie   
p]c5t4  1  7iv7 by /rik+ p>agraph 7#e71 
&  7v7 by r$esignat+ p>agraph 7#f7 z    
p>agraph 7#e71 &  7,e7 9 subsection 7e71
 by add+ ! foll[+ new p>agraphs at !    
end3  7#d7 ,in/allation /&>ds ,! t]ms   
en]gy effici5t build+ envelope compon5t 
& qualifi$ en]gy prop]ty %all n include 
any compon5ts or prop]ty :i* are n      
in/all$ accord+ to any applicable ,air  
,condition+ ,contractors ( ,am]ica      
,quality ,in/allation /&>ds :i* are 9   
effect at ! "t t su* compon5ts or       
prop]ty are plac$ 9 s]vice4  7#e7       
,replacem5t ( t]m9at$ /&>ds ,9 ! case ( 
any /&>d1 requirem5t1 or crit]ia        
applicable to any en]gy effici5t build+ 

envelope compon5t or qualifi$ en]gy     
prop]ty :i* is t]m9at$ aft] ! date (    
enactm5t ( ! ,home ,en]gy ,sav+s ,act1 !
 ,secret>y1 9 consultation ) ! ,secret>y
 ( ,en]gy1 %all id5tify a simil> /&>d1  
requirem5t1 or crit]ia = purposes (     
det]m9+ ! eligibility ( any su* compon5t
 or prop]ty = purposes ( cr$it all[$ "u 
?is section4  4  7#b7 ,effective date ,!
 am5dm5ts made by ?is subsection %all   
apply to prop]ty plac$ 9 s]vice aft]    
,decemb] #ca1 #bjai4  7c7 ,p]iodic      
report to ,congress reg>d+ improv$ /&>ds
 ,n lat] ?an #e ye>s aft] ! date ( !    
enactm5t ( ?is ,act 7& ea* #e ye>s      
!reaft] until ! t]m9ation ( ! cr$it     
det]m9$ "u section #be;,c ( ! ,int]nal  
,rev5ue ,code ( #aihf71 ! ,secret>y (   
,en]gy1 aft] consultation ) ! ,secret>y 
( ,treasury1 %all submit a writt5 report
 to ,congress evaluat+ ! effectiv5ess ( 
su* cr$it4 ,su* report %all include--   
7#a7 an evaluation ( ea* /&>d us$ "u su*
 section 9 det]m9+ ! eligibility (      
prop]ty = cr$it "u su* section includ+  

:e!r relevant high] indu/ry /&>ds h be5 
develop$1 &  7#b7 recomm5dations 7if    
any7 = high] /&>ds :i* w\ld supplem5t or
 replace su* curr5t /&>ds & an analysis 
( h[ su* high] /&>ds w\ld be expect$ to 
improve ! effectiv5ess ( su* cr$it4  #e4
 ,improvem5ts to new en]gy effici5t home
 cr$it  7a7 ,ext5sion ( cr$it  7#a7 ,9  
g5]al ,section #de,l7g7 ( ! ,int]nal    
,rev5ue ,code ( #aihf is am5d$ by /rik+ 
,decemb] #ca1 #bjbj & ins]t+ ,decemb]   
#ca1 #bjej4  7#b7 ,effective date ,!    
am5dm5ts made by ?is subsection %all    
apply to qualifi$ new en]gy effici5t    
homes acquir$ aft] ,decemb] #ca1 #bjbj4 
7b7 ,updat+ new en]gy effici5t home     
cr$it  7#a7 ,9 g5]al ,section #de,l ( ! 
,int]nal ,rev5ue ,code ( #aihf is       
am5d$-- 7,a7 9 subsection 7a77#b7-- 7i7 
9 subp>agraph 7,a71 by /rik+ #b1jjj &   
ins]t+ #b1ejj2 &  7ii7 9 subp>agraph    
7,b71 by ins]t+ or 7#d7 aft] p>agraph   
7#c72  7,b7 9 subsection 7b7-- 7i7 9    
p>agraph 7#b77;,b71 by /rik+ ?is section
 & ins]t+ ! ,new ,home ,en]gy ,effici5cy

 ,act2 &  7ii7 by add+ at ! end !       
foll[+3  7#e7 #bjah ,,iecc  7,a7 ,9     
g5]al ,! t]m #bjah ,,iecc means ! #bjah 
,int]national ,en]gy ,cons]vation ,code1
 z su* ,code 7includ+ supplem5ts7 is 9  
effect on ! date ( ! enactm5t ( ! ,new  
,home ,en]gy ,effici5cy ,act4  7,b7     
,special rule ,= purposes ( subsection  
7c77#a77;,b77i77,i71 9 det]m9+ :e!r a   
dwell+ unit has be5 con/ruct$ 9         
accordance ) ! /&>ds ( *apt] #d ( !     
#bjah ,,iecc by a*iev+ a level ( en]gy  
effici5cy :i* meets ,section ,r#djf4d   
7,n#aajf4d7 ( su* ,code1 su* det]m9ation
 %all be made )\t acc\nt+ = on-site     
en]gy g5]ation4  2 &  7,c7 by /rik+     
subsection 7c7 & ins]t+ ! foll[+3  7c7  
,en]gy sav+ requirem5ts ,a dwell+ unit  
meets ! en]gy sav+ requirem5ts ( ?is    
subsection if su* unit-- 7#a7 7,a7 is   
c]tifi$-- 7i7 to h a level ( annual     
heat+ & cool+ en]gy consumption :i* is  
at lea/ #fj p]c5t bel[ ! annual level ( 
heat+ & cool+ en]gy consumption ( a     
comp>able dwell+ unit-- 7,i7 :i* is     

con/ruct$ 9 accordance ) ! /&>ds ( *apt]
 #d ( ! #bjjf ,int]national ,en]gy      
,cons]vation ,code1 z su* ,code 7includ+
 supplem5ts7 is 9 effect on ,janu>y #a1 
#bjjf1 &  7,,ii7 = :i* ! heat+ & cool+  
equipm5t effici5cies correspond to !    
m9imum all[$ "u ! regulations e/abli%$  
by ! ,dep>tm5t ( ,en]gy pursuant to !   
,national ,appliance ,en]gy ,cons]vation
 ,act ( #aihg & 9 effect at ! "t (      
completion ( con/ruction1 &  7ii7 to h  
build+ envelope compon5t improvem5ts    
acc\nt = at lea/ #a_/e ( su* #fj p]c5t1 
or  7,b7 is c]tifi$-- 7i7 to h a level (
 annual en]gy consumption :i* is at lea/
 #ae p]c5t bel[ ! annual level ( en]gy  
consumption ( a comp>able dwell+ unit-- 
7,i7 :i* is con/ruct$ 9 accordance ) !  
/&>ds ( *apt] #d ( ! #bjah ,,iecc1 &    
7,,ii7 :i* meets ! requirem5ts describ$ 
9 subp>agraph 7,a77i77,,ii71 &  7ii7 to 
h build+ envelope compon5t improvem5ts  
acc\nt = at lea/ #a_/e ( su* #ae p]c5t1 
7#b7 is a manufactur$ home :i*-- 7,a7   
con=ms to ,f$]al ,manufactur$ ,home     

,con/ruction & ,safety ,/&>ds 7"p #cbhj 
( title #bd1 ,code ( ,f$]al             
,regulations71 &  7,b7 meets !          
requirem5ts describ$ 9 subp>agraph 7,a7 
or 7,b7 ( p>agraph 7#a71  7#c7 meets !  
requirem5ts e/abli%$ by ! ,adm9i/rator (
 ! ,environm5tal ,protection ,ag5cy "u !
 ,en]gy ,/> ,label$ ,homes program1 or  
7#d7 is a manufactur$ home :i*-- 7,a7   
con=ms to ! /&>ds describ$ 9 p>agraph   
7#b77;,a71 &  7,b7 meets ! requirem5ts  
describ$ 9 p>agraph 7#c74  4  7#b7      
,effective date ,! am5dm5ts made by ?is 
subsection %all apply to qualifi$ new   
en]gy effici5t homes acquir$ aft]       
,decemb] #ca1 #bjbj4  7c7 ,p]iodic      
report to ,congress reg>d+ improv$ /&>ds
 ,n lat] ?an #e ye>s aft] ! date ( !    
enactm5t ( ?is ,act 7& ea* #e ye>s      
!reaft] until ! t]m9ation ( ! cr$it     
det]m9$ "u section #de,l ( ! ,int]nal   
,rev5ue ,code ( #aihf71 ! ,secret>y (   
,en]gy1 aft] consultation ) ! ,secret>y 
( ,treasury1 %all submit a writt5 report
 to ,congress evaluat+ ! effectiv5ess ( 

su* cr$it4 ,su* report %all include--   
7#a7 an evaluation ( ea* /&>d us$ "u su*
 section 9 det]m9+ ! eligibility (      
prop]ty = cr$it "u su* section includ+  
:e!r relevant high] indu/ry /&>ds h be5 
develop$1 &  7#b7 recomm5dations 7if    
any7 = high] /&>ds :i* w\ld supplem5t or
 replace su* curr5t /&>ds & an analysis 
( h[ su* high] /&>ds w\ld be expect$ to 
improve ! effectiv5ess ( su* cr$it4  #f4
 ,ext5sion en]gy effici5t comm]cial     
build+s d$uction  7a7 ,9 g5]al ,section 
#agi;,d7h7 ( ! ,int]nal ,rev5ue ,code ( 
#aihf is am5d$ by /rik+ ,decemb] #ca1   
#bjbj & ins]t+ ,decemb] #ca1 #bjej4  7b7
 ,effective date ,! am5dm5t made by ?is 
section %all apply to prop]ty plac$ 9   
s]vice aft] ,decemb] #ca1 #bjbj4