,i #aagth ,,congress #ast ,session ,h4 ,r4 #cibj ,,in ,,the ,,house ,,of ,,representatives ,june #ae1 #bjba,mr4 ,suozzi 7for himself1 ,mr4 ,cole1 ,mr4 ,rodney ,davis of ,illinois1 and ,mr4 ,tonko7 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 provide tax credit parity for geothermal heat pump property4 #a4 ,short title ,this ,act may be cited as the ,groundsource ,exchange ,tax ,parity ,act or the ,,get ,parity ,act4 #b4 ,investment tax credit parity for geothermal heat pump property 7a7 ,in general ,section #dh7;a7 of the ,internal ,revenue ,code of #aihf is amended-- 7#a7 in paragraph 7#b77;,a71 by striking paragraphs 7#f7 and 7#g7 and inserting paragraphs 7#f71 7#g71 and 7#h71 7#b7 in paragraph 7#b77;,a77i71 by striking and at the end of subclause 7,,iv7 and by adding at the end the following new subclause3 7,,vi7 energy property described in clause 7vii7 of paragraph 7#c77;,a71 and 1 7#c7 in paragraph 7#c77;,a77vii71 by striking 1 but only with respect to property the construction of which begins before ,january #a1 #bjbd1 and 7#d7 by adding at the end the following new paragraph3 7#h7 ,phasedown for geothermal heat pump property ,in the case of any energy property described in clause 7vii7 of paragraph 7#c77;,a71 the energy percentage determined under paragraph 7#b7 shall be equal to-- 7,a7 in the case of any property the construction of which begins after ,december #ca1 #bjbj1 and before ,january #a1 #bjbc1 #bf percent1 7,b7 in the case of any property the construction of which begins after ,december #ca1 #bjbb1 and before ,january #a1 #bjbd1 #bb percent1 and 7,c7 in the case of any property the construction of which begins after ,december #ca1 #bjbc1 #aj percent4 4 7b7 ,effective date ,the amendments made by this section shall apply to property the construction of which begins after ,december #ca1 #bjbj4