,9 ! ,s5ate ( ! ,unit$ ,/ates1 ,augu/ #g 7legislative day1 ,augu/ #f71 #bjbb4 ,am5dm5t3 ,t ! bill f ! ,h\se ( ,repres5tatives 7,h4,r4 #ecgf7 entitl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad41 d pass ) ! foll[+ ,/rike all aft] ! enact+ clause & ins]t ! foll[+3 ,i ,committee on ,f9ance ,a ,deficit r$uction #ajjja4 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is subtitle an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( ! ,int]nal ,rev5ue ,code ( #aihf4 #a ,corporate tax re=m #ajaja4 ,corporate alt]native m9imum tax 7a7 ,imposition ( tax 7#a7 ,9 g5]al ,p>agraph 7#b7 ( section #ee7;b7 is am5d$ to read z foll[s3 7#b7 ,corporations 7,a7 ,applicable corporations ,9 ! case ( an applicable corporation1 ! t5tative m9imum tax = ! taxable ye> %all be ! excess (-- 7i7 #ae p]c5t ( ! adju/$ f9ancial /atem5t income = ! taxable ye> 7z det]m9$ "u section #ef;,a71 ov] 7ii7 ! corporate ,,amt =eign tax cr$it = ! taxable ye>4 7,b7 ,o!r corporations ,9 ! case ( any corporation :i* is n an applicable corporation1 ! t5tative m9imum tax = ! taxable ye> %all be z]o4 4 7#b7 ,applicable corporation ,section #ei is am5d$ by add+ at ! end ! foll[+ new subsection3 7k7 ,applicable corporation ,= purposes ( ?is "p-- 7#a7 ,applicable corporation def9$ 7,a7 ,9 g5]al ,! t]m applicable corporation means1 ) respect to any taxable ye>1 any corporation 7o!r ?an an ,s corporation1 a regulat$ inve/m5t company1 or a real e/ate inve/m5t tru/7 :i* meets ! av]age annual adju/$ f9ancial /atem5t income te/ ( subp>agraph 7,b7 = "o or m taxable ye>s :i*-- 7i7 are prior to su* taxable ye>1 & 7ii7 end aft] ,decemb] #ca1 #bjba4 7,b7 ,av]age annual adju/$ f9ancial /atem5t income te/ ,= purposes ( ?is subsection-- 7i7 a corporation meets ! av]age annual adju/$ f9ancial /atem5t income te/ = a taxable ye> if ! av]age annual adju/$ f9ancial /atem5t income ( su* corporation 7det]m9$ )\t reg>d to section #ef;,a7d77 = ! #c-taxable-ye> p]iod end+ ) su* taxable ye> exce$s #a1jjj1jjj1jjj1 & 7ii7 9 ! case ( a corporation describ$ 9 p>agraph 7#b71 su* corporation meets ! av]age annual adju/$ f9ancial /atem5t income te/ = a taxable ye> if-- 7,i7 ! corporation meets ! requirem5ts ( clause 7i7 = su* taxable ye> 7det]m9$ aft] ! application ( p>agraph 7#b771 & 7,,ii7 ! av]age annual adju/$ f9ancial /atem5t income ( su* corporation 7det]m9$ )\t reg>d to ! application ( p>agraph 7#b7 & )\t reg>d to section #ef;,a7d77 = ! #c-taxable-ye>-p]iod end+ ) su* taxable ye> is #ajj1jjj1jjj or m4 7,c7 ,exception ,not)/&+ subp>agraph 7,a71 ! t]m applicable corporation %all n include any corporation :i* o!rwise meets ! requirem5ts ( subp>agraph 7,a7 if-- 7i7 su* corporation-- 7,i7 has a *ange 9 own]%ip1 or 7,,ii7 has a specifi$ numb] 7to be det]m9$ by ! ,secret>y & :i* %all1 z appropriate1 take into acc\nt ! facts & circum/ances ( ! taxpay]7 ( consecutive taxable ye>s1 includ+ ! mo/ rec5t taxable ye>1 9 :i* ! corporation does n meet ! av]age annual adju/$ f9ancial /atem5t income te/ ( subp>agraph 7,b71 & 7ii7 ! ,secret>y det]m9es t x w\ld n be appropriate to cont9ue to treat su* corporation z an applicable corporation4 ,! prec$+ s5t5ce %all n apply to any corporation if1 aft] ! ,secret>y makes ! det]m9ation describ$ 9 clause 7ii71 su* corporation meets ! av]age annual adju/$ f9ancial /atem5t income te/ ( subp>agraph 7,b7 = any taxable ye> beg9n+ aft] ! fir/ taxable ye> = :i* su* det]m9ation applies4 7,d7 ,special rules = det]m9+ applicable corporation /atus 7i7 ,9 g5]al ,solely = purposes ( det]m9+ :e!r a corporation is an applicable corporation "u ?is p>agraph1 all adju/$ f9ancial /atem5t income ( p]sons treat$ z a s+le employ] ) su* corporation "u subsection 7a7 or 7b7 ( section #eb 7det]m9$ ) ! modifications describ$ 9 clause 7ii77 %all be treat$ z adju/$ f9ancial /atem5t income ( su* corporation1 & adju/$ f9ancial /atem5t income ( su* corporation %all be det]m9$ )\t reg>d to p>agraphs 7#b77;,d77i7 & 7#aa7 ( section #ef;,a7c74 7ii7 ,modifications ,= purposes ( ?is subp>agraph-- 7,i7 section #eb7;a7 %all be appli$ by sub/itut+ compon5t memb]s = memb]s1 & 7,,ii7 = purposes ( apply+ section #eb7;b71 ! t]m trade or bus9ess %all include any activity treat$ z a trade or bus9ess "u p>agraph 7#e7 or 7#f7 ( section #dfi7;c7 7det]m9$ )\t reg>d to ! phrase ,to ! ext5t provid$ 9 regulations 9 su* p>agraph 7#f774 7iii7 ,compon5t memb] ,= purposes ( ?is subp>agraph1 ! t]m compon5t memb] has ! mean+ giv5 su* t]m by section #aefc7;b71 except t ! det]m9ation %all be made )\t reg>d to section #aefc7;b77#b74 7,e7 ,o!r special rules 7i7 ,corporations 9 exi/5ce = less ?an #c ye>s ,if ! corporation 0 9 exi/5ce = less ?an #c-taxable ye>s1 subp>agraph 7,b7 %all be appli$ on ! basis ( ! p]iod dur+ :i* su* corporation 0 9 exi/5ce4 7ii7 ,%ort taxable ye>s ,adju/$ f9ancial /atem5t income = any taxable ye> ( less ?an #ab mon?s %all be annualiz$ by multiply+ ! adju/$ f9ancial /atem5t income = ! %ort p]iod by #ab & divid+ ! result by ! numb] ( mon?s 9 ! %ort p]iod4 7iii7 ,treatm5t ( pr$ecessors ,any ref]5ce 9 ?is subp>agraph to a corporation %all include a ref]5ce to any pr$ecessor ( su* corporation4 7#b7 ,special rule = =eign-p>5t$ mult9ational gr\ps 7,a7 ,9 g5]al ,if a corporation is a memb] ( a =eign-p>5t$ mult9ational gr\p = any taxable ye>1 !n1 solely = purposes ( det]m9+ :e!r su* corporation meets ! av]age annual adju/$ f9ancial /atem5t income te/ "u p>agraph 7#a77;,b77ii77,i7 = su* taxable ye>1 ! adju/$ f9ancial /atem5t income ( su* corporation = su* taxable ye> %all include ! adju/$ f9ancial /atem5t income ( all memb]s ( su* gr\p4 ,solely = purposes ( ?is subp>agraph1 adju/$ f9ancial /atem5t income %all be det]m9$ )\t reg>d to p>agraphs 7#b77;,d77i71 7#c71 7#d71 & 7#aa7 ( section #ef;,a7c74 7,b7 ,=eign-p>5t$ mult9ational gr\p ,= purposes ( subp>agraph 7,a71 ! t]m =eign-p>5t$ mult9ational gr\p means1 ) respect to any taxable ye>1 two or m entities if-- 7i7 at lea/ "o entity is a dome/ic corporation & ano!r entity is a =eign corporation1 7ii7 su* entities are includ$ 9 ! same applicable f9ancial /atem5t ) respect to su* ye>1 & 7iii7 ei!r-- 7,i7 ! common p>5t ( su* entities is a =eign corporation1 or 7,,ii7 if !re is no common p>5t1 ! entities are treat$ z hav+ a common p>5t :i* is a =eign corporation "u subp>agraph 7,d74 7,c7 ,=eign corporations engag$ 9 a trade or bus9ess )9 ! ,unit$ ,/ates ,= purposes ( ?is p>agraph1 if a =eign corporation is engag$ 9 a trade or bus9ess )9 ! ,unit$ ,/ates1 su* trade or bus9ess %all be treat$ z a sep>ate dome/ic corporation t is :olly own$ by ! =eign corporation4 7,d7 ,o!r rules ,! ,secret>y %all1 apply+ ! pr9ciples ( ?is section1 prescribe rules = ! application ( ?is p>agraph1 includ+ rules = ! det]m9ation (-- 7i7 ! entities 7if any7 :i* are to be to be treat$ "u subp>agraph 7,b77iii77,,ii7 z hav+ a common p>5t :i* is a =eign corporation1 7ii7 ! entities to be includ$ 9 a =eign-p>5t$ mult9ational gr\p1 & 7iii7 ! common p>5t ( a =eign-p>5t$ mult9ational gr\p4 7#c7 ,regulations or o!r guidance ,! ,secret>y %all provide regulations or o!r guidance = ! purposes ( c>ry+ out ?is subsection1 includ+ regulations or o!r guidance-- 7,a7 provid+ a simplifi$ me?od = det]m9+ :e!r a corporation meets ! requirem5ts ( p>agraph 7#a71 & '7,b7 address+ ! application ( ?is subsection to a corporation t exp]i5ces a *ange 9 own]%ip4 4 7#c7 ,r$uction = base erosion & anti-abuse tax ,section #ee7;a77#b7 is am5d$ by ins]t+ plus1 9 ! case ( an applicable corporation1 ! tax impos$ by section #ei;,a be=e ! p]iod at ! end4 7#d7 ,con=m+ am5dm5ts 7,a7 ,section #ee7;a7 is am5d$ by /rik+ ,9 ! case ( a taxpay] o!r ?an a corporation1 !re & ins]t+ ,!re4 7,b7 7i7 ,section #ee7;b77#a7 is am5d$-- 7,i7 by /rik+ s mu* z prec$es subp>agraph 7,a7 & ins]t+ ! foll[+3 7#a7 ,noncorporate taxpay]s ,9 ! case ( a taxpay] o!r ?an a corporation-- 1 & 7,,ii7 by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,alt]native m9imum taxable income ,! t]m alt]native m9imum taxable income means ! taxable income ( ! taxpay] = ! taxable ye>-- 7i7 det]m9$ ) ! adju/m5ts provid$ 9 section #ef & section #eh1 & 7ii7 increas$ by ! am\nt ( ! items ( tax pref]5ce describ$ 9 section #eg4 ,if a taxpay] is subject to ! regul> tax1 su* taxpay] %all be subject to ! tax impos$ by ?is section 7&1 if ! regul> tax is det]m9$ by ref]5ce to an am\nt o!r ?an taxable income1 su* am\nt %all be treat$ z ! taxable income ( su* taxpay] = purposes ( ! prec$+ s5t5ce74 4 7ii7 ,section #hfj;,e7a77#d7 is am5d$ by /rik+ #ee7;b77#b7 & ins]t+ #ee7;b77#a77;,d74 7iii7 ,section #hig7;a77#b77;,a77i7 is am5d$ by /rik+ #ee7;b77#b7 & ins]t+ #ee7;b77#a77;,d74 7,c7 ,section #aa7;d7 is am5d$ by /rik+ ! tax impos$ by subsection 7a7 & ins]t+ ! taxes impos$ by subsection 7a7 & section #ee4 7,d7 ,section #ab is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,= alt]native m9imum tax1 see section #ee4 4 7,e7 ,section #hhb7;a77#a7 is am5d$ by ins]t+ 1 #ee1 aft] section #aa4 7,f7 ,section #fdbe7;c77#a77;,a7 is am5d$ to read z foll[s3 7,a7 ! sum (-- 7i7 ! tax impos$ by section #aa or sub*apt] ,l ( *apt] #a1 :i*ev] is applicable1 plus 7ii7 ! tax impos$ by section #ee1 plus 7iii7 ! tax impos$ by section #ei;,a1 ov] 4 7,g7 ,section #ffee7;e77#b7 is am5d$ by ins]t+ 1 adju/$ f9ancial /atem5t income 7z def9$ 9 section #ef;,a71 be=e & modifi$ taxable income ea* place x appe>s 9 subp>agraphs 7,a77i7 & 7,b77i74 7,h7 ,section #ffee7;g77#a77;,a7 is am5d$ by r$esignat+ clauses 7ii7 & 7iii7 z clauses 7iii7 & 7iv71 respectively1 & by ins]t+ aft] clause 7i7 ! foll[+ new clause3 7ii7 ! tax impos$ by section #ee1 4 7b7 ,adju/$ f9ancial /atem5t income 7#a7 ,9 g5]al ,"p ,,vi ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] section #ef ! foll[+ new section3 #ef;,a4 ,adju/$ f9ancial /atem5t income 7a7 ,9 g5]al ,= purposes ( ?is "p1 ! t]m adju/$ f9ancial /atem5t income means1 ) respect to any corporation = any taxable ye>1 ! net income or loss ( ! taxpay] set =? on ! taxpay]'s applicable f9ancial /atem5t = su* taxable ye>1 adju/$ z provid$ 9 ?is section4 7b7 ,applicable f9ancial /atem5t ,= purposes ( ?is section1 ! t]m applicable f9ancial /atem5t means1 ) respect to any taxable ye>1 an applicable f9ancial /atem5t 7z def9$ 9 section #dea7;b77#c7 or z specifi$ by ! ,secret>y 9 regulations or o!r guidance7 :i* cov]s su* taxable ye>4 7c7 ,g5]al adju/m5ts 7#a7 ,/atem5ts cov]+ diff]5t taxable ye>s ,appropriate adju/m5ts %all be made 9 adju/$ f9ancial /atem5t income 9 any case 9 :i* an applicable f9ancial /atem5t cov]s a p]iod o!r ?an ! taxable ye>4 7#b7 ,special rules = relat$ entities 7,a7 ,consolidat$ f9ancial /atem5ts ,if ! f9ancial results ( a taxpay] are report$ on ! applicable f9ancial /atem5t = a gr\p ( entities1 rules simil> to ! rules ( section #dea7;b77#e7 %all apply4 7,b7 ,consolidat$ returns ,except z provid$ 9 regulations prescrib$ by ! ,secret>y1 if ! taxpay] is "p ( an affiliat$ gr\p ( corporations fil+ a consolidat$ return = any taxable ye>1 adju/$ f9ancial /atem5t income = su* gr\p = su* taxable ye> %all take into acc\nt items on ! gr\p's applicable f9ancial /atem5t :i* are prop]ly allocable to memb]s ( su* gr\p4 7,c7 ,treatm5t ( divid5ds & o!r am\nts ,9 ! case ( any corporation :i* is n includ$ on a consolidat$ return ) ! taxpay]1 adju/$ f9ancial /atem5t income ( ! taxpay] ) respect to su* o!r corporation %all be det]m9$ by only tak+ into acc\nt ! divid5ds receiv$ f su* o!r corporation 7r$uc$ to ! ext5t provid$ by ! ,secret>y 9 regulations or o!r guidance7 & o!r am\nts :i* are includible 9 gross income or d$uctible z a loss "u ?is *apt] 7o!r ?an am\nts requir$ to be includ$ "u sections #iea & #iea;,a or su* o!r am\nts z provid$ by ! ,secret>y7 ) respect to su* o!r corporation4 7,d7 ,treatm5t ( p>tn]%ips 7i7 ,9 g5]al ,except z provid$ by ! ,secret>y1 if ! taxpay] is a p>tn] 9 a p>tn]%ip1 adju/$ f9ancial /atem5t income ( ! taxpay] ) respect to su* p>tn]%ip %all be adju/$ to only take into acc\nt ! taxpay]'s di/ributive %>e ( adju/$ f9ancial /atem5t income ( su* p>tn]%ip4 7ii7 ,adju/$ f9ancial /atem5t income ( p>tn]%ips ,= ! purposes ( ?is "p1 ! adju/$ f9ancial /atem5t income ( a p>tn]%ip %all be ! p>tn]%ip's net income or loss set =? on su* p>tn]%ip's applicable f9ancial /atem5t 7adju/$ "u rules simil> to ! rules ( ?is section74 7#c7 ,adju/m5ts to take into acc\nt c]ta9 items ( =eign income 7,a7 ,9 g5]al ,if1 = any taxable ye>1 a taxpay] is a ,unit$ ,/ates %>ehold] ( "o or m controll$ =eign corporations1 ! adju/$ f9ancial /atem5t income ( su* taxpay] ) respect to su* controll$ =eign corporation 7z det]m9$ "u p>agraph 7#b77;,c77 %all be adju/$ to also take into acc\nt su* taxpay]'s pro rata %>e 7det]m9$ "u rules simil> to ! rules "u section #iea7;a77#b77 ( items tak5 into acc\nt 9 comput+ ! net income or loss set =? on ! applicable f9ancial /atem5t 7z adju/$ "u rules simil> to ^? t apply 9 det]m9+ adju/$ f9ancial /atem5t income7 ( ea* su* controll$ =eign corporation ) respect to :i* su* taxpay] is a ,unit$ ,/ates %>ehold]4 7,b7 ,negative adju/m5ts ,9 any case 9 :i* ! adju/m5t det]m9$ "u subp>agraph 7,a7 w\ld result 9 a negative adju/m5t = su* taxable ye>-- 7i7 no adju/m5t %all be made "u ?is p>agraph = su* taxable ye>1 & 7ii7 ! am\nt ( ! adju/m5t det]m9$ "u ?is p>agraph = ! succe$+ taxable ye> 7det]m9$ )\t reg>d to ?is p>agraph7 %all be r$uc$ by an am\nt equal to ! negative adju/m5t = su* taxable ye>4 7#d7 ,effectively connect$ income ,9 ! case ( a =eign corporation1 to det]m9e adju/$ f9ancial /atem5t income1 ! pr9ciples ( section #hhb %all apply4 7#e7 ,adju/m5ts = c]ta9 taxes ,adju/$ f9ancial /atem5t income %all be appropriately adju/$ to disreg>d any ,f$]al income taxes1 or income1 w> pr(its1 or excess pr(its taxes 7)9 ! mean+ ( section #ija7 ) respect to a =eign c\ntry or possession ( ! ,unit$ ,/ates1 :i* are tak5 into acc\nt on ! taxpay]'s applicable f9ancial /atem5t4 ,to ! ext5t provid$ by ! ,secret>y1 ! prec$+ s5t5ce %all n apply to income1 w> pr(its1 or excess pr(its taxes 7)9 ! mean+ ( section #ija7 t are impos$ by a =eign c\ntry or possession ( ! ,unit$ ,/ates & tak5 into acc\nt on ! taxpay]'s applicable f9ancial /atem5t if ! taxpay] does n *oose to h ! b5efits ( subp>t ,a ( "p ,,iii ( sub*apt] ,n = ! taxable ye>4 ,! ,secret>y %all prescribe su* regulations or o!r guidance z may be necess>y & appropriate to provide = ! prop] treatm5t ( curr5t & def]r$ taxes = purposes ( ?is p>agraph1 includ+ ! "t at :i* su* taxes are prop]ly tak5 into acc\nt4 7#f7 ,adju/m5t ) respect to disreg>d$ entities ,adju/$ f9ancial /atem5t income %all be adju/$ to take into acc\nt any adju/$ f9ancial /atem5t income ( a disreg>d$ entity own$ by ! taxpay]4 7#g7 ,special rule = coop]atives ,9 ! case ( a coop]ative to :i* section #acha applies1 ! adju/$ f9ancial /atem5t income 7det]m9$ )\t reg>d to ?is p>agraph7 %all be r$uc$ by ! am\nts ref]r$ to 9 section #achb7;b7 7relat+ to patronage divid5ds & p]-unit reta9 allocations7 to ! ext5t su* am\nts 7 n o!rwise tak5 into acc\nt 9 det]m9+ adju/$ f9ancial /atem5t income4 7#h7 ,rules = ,alaska ,native ,corporations ,adju/$ f9ancial /atem5t income %all be appropriately adju/$ to all[-- 7,a7 co/ recov]y & depletion attributable to prop]ty ! basis ( :i* is det]m9$ "u section #ba7;c7 ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afbj7;c771 & 7,b7 d$uctions = am\nts payable made pursuant to section #g7;i7 or section #g7;j7 ( su* ,act 7#dc ,u4,s4,c4 #afjf7;i7 & #afjf7;j77 only at su* "t z ! d$uctions are all[$ = tax purposes4 7#i7 ,am\nts attributable to elections = direct paym5t ( c]ta9 cr$its ,adju/$ f9ancial /atem5t income %all be appropriately adju/$ to disreg>d any am\nt treat$ z a paym5t aga9/ ! tax impos$ by subtitle ,a pursuant to an election "u section #dh;,d7d7 or #fdag1 to ! ext5t su* am\nt 0 n o!rwise tak5 into acc\nt "u p>agraph 7#e74 7#aj7 ,consi/5t treatm5t ( mortgage s]vic+ income ( taxpay] o!r ?an a regulat$ inve/m5t company 7,a7 ,9 g5]al ,adju/$ f9ancial /atem5t income %all be adju/$ s z n to include any item ( income 9 connection ) a mortgage s]vic+ contract any e>li] ?an :5 su* income is includ$ 9 gross income "u any o!r provision ( ?is *apt]4 7,b7 ,rules = am\nts n repres5t+ reasonable comp5sation ,! ,secret>y %all provide regulations to prev5t ! avoidance ( taxes impos$ by ?is *apt] ) respect to am\nts n repres5t+ reasonable comp5sation 7z det]m9$ by ! ,secret>y7 ) respect to a mortgage s]vic+ contract4 7#aa7 ,adju/m5t ) respect to def9$ b5efit p5sions 7,a7 ,9 g5]al ,except z o!rwise provid$ 9 rules prescrib$ by ! ,secret>y 9 regulations or o!r guidance1 adju/$ f9ancial /atem5t income %all be-- 7i7 adju/$ to disreg>d any am\nt ( income1 co/1 or exp5se t w\ld o!rwise be includ$ on ! applicable f9ancial /atem5t 9 connection ) any cov]$ b5efit plan1 7ii7 increas$ by any am\nt ( income 9 connection ) any su* cov]$ b5efit plan t is includ$ 9 ! gross income ( ! corporation "u any o!r provision ( ?is *apt]1 & 7iii7 r$uc$ by d$uctions all[$ "u any o!r provision ( ?is *apt] ) respect to any su* cov]$ b5efit plan4 7,b7 ,cov]$ b5efit plan ,= purposes ( ?is p>agraph1 ! t]m cov]$ b5efit plan means-- 7i7 a def9$ b5efit plan 7o!r ?an a multiemploy] plan describ$ 9 section #dad7;f77 if ! tru/ :i* is "p ( su* plan is an employees' tru/ describ$ 9 section #dja7;a7 :i* is exempt f tax "u section #eja7;a71 7ii7 any qualifi$ =eign plan 7z def9$ 9 section #djd;,a7e771 or 7iii7 any o!r def9$ b5efit plan :i* provides po/-employm5t b5efits o!r ?an p5sion b5efits4 7#ab7 ,tax-exempt entities ,9 ! case ( an organization subject to tax "u section #eaa1 adju/$ f9ancial /atem5t income %all be appropriately adju/$ to only take into acc\nt any adju/$ f9ancial /atem5t income-- 7,a7 ( an unrelat$ trade or bus9ess 7z def9$ 9 section #eac7 ( su* organization1 or 7,b7 d]iv$ f debt-f9anc$ prop]ty 7z def9$ 9 section #ead7 to ! ext5t t income f su* prop]ty is treat$ z unrelat$ bus9ess taxable income4 7#ac7 ,depreciation ,adju/$ f9ancial /atem5t income %all be-- 7,a7 r$uc$ by depreciation d$uctions all[$ "u section #afg ) respect to prop]ty to :i* section #afh applies to ! ext5t ( ! am\nt all[$ z d$uctions 9 comput+ taxable income = ! taxable ye>1 & 7,b7 appropriately adju/$-- 7i7 to disreg>d any am\nt ( depreciation exp5se t is tak5 into acc\nt on ! taxpay]'s applicable f9ancial /atem5t ) respect to su* prop]ty1 & 7ii7 to take into acc\nt any o!r item specifi$ by ! ,secret>y 9 ord] to provide t su* prop]ty is acc\nt$ = 9 ! same mann] z x is acc\nt$ = "u ?is *apt]4 7#ad7 ,qualifi$ wireless spectrum 7,a7 ,9 g5]al ,adju/$ f9ancial /atem5t income %all be-- 7i7 r$uc$ by amortization d$uctions all[$ "u section #aig ) respect to qualifi$ wireless spectrum to ! ext5t ( ! am\nt all[$ z d$uctions 9 comput+ taxable income = ! taxable ye>1 & 7ii7 appropriately adju/$-- 7,i7 to disreg>d any am\nt ( amortization exp5se t is tak5 into acc\nt on ! taxpay]'s applicable f9ancial /atem5t ) respect to su* qualifi$ wireless spectrum1 & 7,,ii7 to take into acc\nt any o!r item specifi$ by ! ,secret>y 9 ord] to provide t su* qualifi$ wireless spectrum is acc\nt$ = 9 ! same mann] z x is acc\nt$ = "u ?is *apt]4 7,b7 ,qualifi$ wireless spectrum ,= purposes ( ?is p>agraph1 ! t]m qualifi$ wireless spectrum means wireless spectrum :i*-- 7i7 is us$ 9 ! trade or bus9ess ( a wireless telecommunications c>ri]1 & 7ii7 0 acquir$ aft] ,decemb] #ca1 #bjjg1 & be=e ! date ( enactm5t ( ?is section4 7#ae7 ,secret>ial au?ority to adju/ items ,! ,secret>y %all issue regulations or o!r guidance to provide = su* adju/m5ts to adju/$ f9ancial /atem5t income z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is section1 includ+ adju/m5ts-- 7,a7 to prev5t ! omission or duplication ( any item1 & 7,b7 to c>ry out ! pr9ciples ( "p ,,ii ( sub*apt] ,c ( ?is *apt] 7relat+ to corporate liquidations71 "p ,,iii ( sub*apt] ,c ( ?is *apt] 7relat+ to corporate organizations & reorganizations71 & "p ,,ii ( sub*apt] ,k ( ?is *apt] 7relat+ to p>tn]%ip contributions & di/ributions74 7d7 ,d$uction = f9ancial /atem5t net op]at+ loss 7#a7 ,9 g5]al ,adju/$ f9ancial /atem5t income 7det]m9$ aft] application ( subsection 7c7 & )\t reg>d to ?is subsection7 %all be r$uc$ by an am\nt equal to ! less] (-- 7,a7 ! aggregate am\nt ( f9ancial /atem5t net op]at+ loss c>ryov]s to ! taxable ye>1 or 7,b7 #hj p]c5t ( adju/$ f9ancial /atem5t income comput$ )\t reg>d to ! d$uction all[able "u ?is subsection4 7#b7 ,f9ancial /atem5t net op]at+ loss c>ryov] ,a f9ancial /atem5t net op]at+ loss = any taxable ye> %all be a f9ancial /atem5t net op]at+ loss c>ryov] to ea* taxable ye> foll[+ ! taxable ye> ( ! loss4 ,! portion ( su* loss :i* %all be c>ri$ to subsequ5t taxable ye>s %all be ! am\nt ( su* loss rema9+ 7if any7 aft] ! application ( p>agraph 7#a74 7#c7 ,f9ancial /atem5t net op]at+ loss def9$ ,= purposes ( ?is subsection1 ! t]m f9ancial /atem5t net op]at+ loss means ! am\nt ( ! net loss 7if any7 set =? on ! corporation's applicable f9ancial /atem5t 7det]m9$ aft] application ( subsection 7c7 & )\t reg>d to ?is subsection7 = taxable ye>s end+ aft] ,decemb] #ca1 #bjai4 7e7 ,regulations & o!r guidance ,! ,secret>y %all provide = su* regulations & o!r guidance z necess>y to c>ry out ! purposes ( ?is section1 includ+ regulations & o!r guidance relat+ to ! effect ( ! rules ( ?is section on p>tn]%ips ) income tak5 into acc\nt by an applicable corporation4 4 7#b7 ,cl]ical am5dm5t ,! table ( sections = "p ,,vi ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] ! item relat+ to section #ef ! foll[+ new item3 ,sec4 #ef;,a4 ,adju/$ f9ancial /atem5t income4 4 7c7 ,corporate ,,amt =eign tax cr$it ,section #ei1 z am5d$ by ?is section1 is am5d$ by add+ at ! end ! foll[+ new subsection3 7l7 ,corporate ,,amt =eign tax cr$it 7#a7 ,9 g5]al ,= purposes ( ?is "p1 if an applicable corporation *ooses to h ! b5efits ( subp>t ,a ( "p ,,iii ( sub*apt] ,n = any taxable ye>1 ! corporate ,,amt =eign tax cr$it = ! taxable ye> ( ! applicable corporation is an am\nt equal to sum (-- 7,a7 ! less] (-- 7i7 ! aggregate ( ! applicable corporation's pro rata %>e 7z det]m9$ "u section #ef;,a7c77#c77 ( ! am\nt ( income1 w> pr(its1 & excess pr(its taxes 7)9 ! mean+ ( section #ija7 impos$ by any =eign c\ntry or possession ( ! ,unit$ ,/ates :i* are-- 7,i7 tak5 into acc\nt on ! applicable f9ancial /atem5t ( ea* controll$ =eign corporation ) respect to :i* ! applicable corporation is a ,unit$ ,/ates %>ehold]1 & 7,,ii7 paid or accru$ 7= ,f$]al income tax purposes7 by ea* su* controll$ =eign corporation1 or 7ii7 ! product ( ! am\nt ( ! adju/m5t "u section #ef;,a7c77#c7 & ! p]c5tage specifi$ 9 section #ee7;b77#b77;,a77i71 & 7,b7 9 ! case ( an applicable corporation t is a dome/ic corporation1 ! am\nt ( income1 w> pr(its1 & excess pr(its taxes 7)9 ! mean+ ( section #ija7 impos$ by any =eign c\ntry or possession ( ! ,unit$ ,/ates to ! ext5t su* taxes are-- 7i7 tak5 into acc\nt on ! applicable corporation's applicable f9ancial /atem5t1 & 7ii7 paid or accru$ 7= ,f$]al income tax purposes7 by ! applicable corporation4 7#b7 ,c>ryov] ( excess tax paid ,= any taxable ye> = :i* an applicable corporation *ooses to h ! b5efits ( subp>t ,a ( "p ,,iii ( sub*apt] ,n1 ! excess ( ! am\nt describ$ 9 p>agraph 7#a77;,a77i7 ov] ! am\nt describ$ 9 p>agraph 7#a77;,a77ii7 %all increase ! am\nt describ$ 9 p>agraph 7#a77;,a77i7 9 any ( ! fir/ #e succe$+ taxable ye>s to ! ext5t n tak5 into acc\nt 9 a prior taxable ye>4 7#c7 ,regulations or o!r guidance ,! ,secret>y %all provide = su* regulations or o!r guidance z is necess>y to c>ry out ! purposes ( ?is subsection4 4 7d7 ,treatm5t ( g5]al bus9ess cr$it ,section #ch7;c77#f77;,e7 is am5d$ to read z foll[s3 7,e7 ,corporations ,9 ! case ( a corporation-- 7i7 ! fir/ s5t5ce ( p>agraph 7#a7 %all be appli$ by sub/itut+ #be p]c5t ( ! taxpay]'s net income tax z exce$s #be1jjj = ! great] ( & all t foll[s1 7ii7 p>agraph 7#b77;,a7 %all be appli$ )\t reg>d to clause 7ii77,i7 !re(1 & 7iii7 p>agraph 7#d77;,a7 %all be appli$ )\t reg>d to clause 7ii77,i7 !re(4 4 7e7 ,cr$it = prior ye> m9imum tax liability 7#a7 ,9 g5]al ,section #ec7;e7 is am5d$ to read z foll[s3 7e7 ,application to applicable corporations ,9 ! case ( a corporation-- 7#a7 subsection 7b77#a7 %all be appli$ by sub/itut+ ! net m9imum tax = all prior taxable ye>s beg9n+ aft] #bjbb = ! adju/$ net m9imum tax impos$ = all prior taxable ye>s beg9n+ aft] #aihf1 & 7#b7 ! am\nt det]m9$ "u subsection 7c77#a7 %all be increas$ by ! am\nt ( tax impos$ "u section #ei;,a = ! taxable ye>4 4 7#b7 ,con=m+ am5dm5ts ,section #ec7;d7 is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ 1 except t 9 ! case & all t foll[s ?r\gh treat$ z z]o1 & 7,b7 by /rik+ p>agraph 7#c74 7f7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 #b ,excise tax on repur*ase ( corporate /ock #ajbja4 ,excise tax on repur*ase ( corporate /ock 7a7 ,9 g5]al ,subtitle ,d is am5d$ by ins]t+ aft] *apt] #cf ! foll[+ new *apt]3 #cg ,repur*ase ( corporate /ock ,sec4 #deja4 ,repur*ase ( corporate /ock4 #deja4 ,repur*ase ( corporate /ock 7a7 ,g5]al rule ,!re is h]eby impos$ on ea* cov]$ corporation a tax equal to #a p]c5t ( ! fair m>ket value ( any /ock ( ! corporation :i* is repur*as$ by su* corporation dur+ ! taxable ye>4 7b7 ,cov]$ corporation ,= purposes ( ?is section1 ! t]m cov]$ corporation means any dome/ic corporation ! /ock ( :i* is trad$ on an e/abli%$ securities m>ket 7)9 ! mean+ ( section #ggjd7;b77#a774 7c7 ,repur*ase ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m repur*ase means-- 7,a7 a r$emption )9 ! mean+ ( section #cag7;b7 ) reg>d to ! /ock ( a cov]$ corporation1 & 7,b7 any transaction det]m9$ by ! ,secret>y to be economically simil> to a transaction describ$ 9 subp>agraph 7,a74 7#b7 ,treatm5t ( pur*ases by specifi$ affiliates 7,a7 ,9 g5]al ,! acquisition ( /ock ( a cov]$ corporation by a specifi$ affiliate ( su* cov]$ corporation1 f a p]son :o is n ! cov]$ corporation or a specifi$ affiliate ( su* cov]$ corporation1 %all be treat$ z a repur*ase ( ! /ock ( ! cov]$ corporation by su* cov]$ corporation4 7,b7 ,specifi$ affiliate ,= purposes ( ?is section1 ! t]m specifi$ affiliate means1 ) respect to any corporation-- 7i7 any corporation m ?an #ej p]c5t ( ! /ock ( :i* is own$ 7by vote or by value71 directly or indirectly1 by su* corporation1 & 7ii7 any p>tn]%ip m ?an #ej p]c5t ( ! capital int]e/s or pr(its int]e/s ( :i* is held1 directly or indirectly1 by su* corporation4 7#c7 ,adju/m5t ,! am\nt tak5 into acc\nt "u subsection 7a7 ) respect to any /ock repur*as$ by a cov]$ corporation %all be r$uc$ by ! fair m>ket value ( any /ock issu$ by ! cov]$ corporation dur+ ! taxable ye>1 includ+ ! fair m>ket value ( any /ock issu$ or provid$ to employees ( su* cov]$ corporation or employees ( a specifi$ affiliate ( su* cov]$ corporation dur+ ! taxable ye>1 :e!r or n su* /ock is issu$ or provid$ 9 response to ! ex]cise ( an option to pur*ase su* /ock4 7d7 ,special rules = acquisition ( /ock ( c]ta9 =eign corporations 7#a7 ,9 g5]al ,9 ! case ( an acquisition ( /ock ( an applicable =eign corporation by a specifi$ affiliate ( su* corporation 7o!r ?an a =eign corporation or a =eign p>tn]%ip 7unless su* p>tn]%ip has a dome/ic entity z a direct or indirect p>tn]77 f a p]son :o is n ! applicable =eign corporation or a specifi$ affiliate ( su* applicable =eign corporation1 = purposes ( ?is section-- 7,a7 su* specifi$ affiliate %all be treat$ z a cov]$ corporation ) respect to su* acquisition1 7,b7 su* acquisition %all be treat$ z a repur*ase ( /ock ( a cov]$ corporation by su* cov]$ corporation1 & 7,c7 ! adju/m5t "u subsection 7c77#c7 %all be det]m9$ only ) respect to /ock issu$ or provid$ by su* specifi$ affiliate to employees ( ! specifi$ affiliate4 7#b7 ,surrogate =eign corporations ,9 ! case ( a repur*ase ( /ock ( a cov]$ surrogate =eign corporation by su* cov]$ surrogate =eign corporation1 or an acquisition ( /ock ( a cov]$ surrogate =eign corporation by a specifi$ affiliate ( su* corporation1 = purposes ( ?is section-- 7,a7 ! expatriat$ entity ) respect to su* cov]$ surrogate =eign corporation %all be treat$ z a cov]$ corporation ) respect to su* repur*ase or acquisition1 7,b7 su* repur*ase or acquisition %all be treat$ z a repur*ase ( /ock ( a cov]$ corporation by su* cov]$ corporation1 & 7,c7 ! adju/m5t "u subsection 7c77#c7 %all be det]m9$ only ) respect to /ock issu$ or provid$ by su* expatriat$ entity to employees ( ! expatriat$ entity4 7#c7 ,def9itions ,= purposes ( ?is subsection-- 7,a7 ,applicable =eign corporation ,! t]m applicable =eign corporation means any =eign corporation ! /ock ( :i* is trad$ on an e/abli%$ securities m>ket 7)9 ! mean+ ( section #ggjd7;b77#a774 7,b7 ,cov]$ surrogate =eign corporation ,! t]m cov]$ surrogate =eign corporation means any surrogate =eign corporation 7z det]m9$ "u section #ghgd7;a77#b77;,b7 by sub/itut+ ,septemb] #bj1 #bjba = ,m>* #d1 #bjjc ea* place x appe>s7 ! /ock ( :i* is trad$ on an e/abli%$ securities m>ket 7)9 ! mean+ ( section #ggjd7;b77#a771 b only ) respect to taxable ye>s :i* include any portion ( ! applicable p]iod ) respect to su* corporation "u section #ghgd7;d77#a74 7,c7 ,expatriat$ entity ,! t]m expatriat$ entity has ! mean+ giv5 su* t]m by section #ghgd7;a77#b77;,a74 7e7 ,exceptions ,subsection 7a7 %all n apply-- 7#a7 to ! ext5t t ! repur*ase is "p ( a reorganization 7)9 ! mean+ ( section #cfh7;a77 & no ga9 or loss is recogniz$ on su* repur*ase by ! %>ehold] "u *apt] #a by reason ( su* reorganization1 7#b7 9 any case 9 :i* ! /ock repur*as$ is1 or an am\nt ( /ock equal to ! value ( ! /ock repur*as$ is1 contribut$ to an employ]-sponsor$ retirem5t plan1 employee /ock own]%ip plan1 or simil> plan1 7#c7 9 any case 9 :i* ! total value ( ! /ock repur*as$ dur+ ! taxable ye> does n exce$ #a1jjj1jjj1 7#d7 "u regulations prescrib$ by ! ,secret>y1 9 cases 9 :i* ! repur*ase is by a deal] 9 securities 9 ! ord9>y c\rse ( bus9ess1 7#e7 to repur*ases by a regulat$ inve/m5t company 7z def9$ 9 section #hea7 or a real e/ate inve/m5t tru/1 or 7#f7 to ! ext5t t ! repur*ase is treat$ z a divid5d = purposes ( ?is title4 7f7 ,regulations & guidance ,! ,secret>y %all prescribe su* regulations & o!r guidance z are necess>y or appropriate to c>ry out1 & to prev5t ! avoidance (1 ! purposes ( ?is section1 includ+ regulations & o!r guidance-- 7#a7 to prev5t ! abuse ( ! exceptions provid$ by subsection 7e71 7#b7 to address special classes ( /ock & pref]r$ /ock1 & 7#c7 = ! application ( ! rules "u subsection 7d74 4 7b7 ,tax n d$uctible ,p>agraph 7#f7 ( section #bge7;a7 is am5d$ by ins]t+ #cg1 be=e #da4 7c7 ,cl]ical am5dm5t ,! table ( *apt]s = subtitle ,d is am5d$ by ins]t+ aft] ! item relat+ to *apt] #cf ! foll[+ new item3 ,*apt] #cg--,repur*ase ( corporate /ock 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to repur*ases 7)9 ! mean+ ( section #deja7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by ?is section7 ( /ock aft] ,decemb] #ca1 #bjbb4 #c ,fund+ ! ,int]nal ,rev5ue ,s]vice & ,improv+ ,taxpay] ,compliance #ajcja4 ,enhancem5t ( ,int]nal ,rev5ue ,s]vice res\rces ,9 g5]al ,! foll[+ sums are appropriat$1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 = ! fiscal ye> end+ ,septemb] #cj1 #bjbb3 7#a7 ,int]nal ,rev5ue ,s]vice 7,a7 ,9 g5]al 7i7 ,taxpay] s]vices ,= necess>y exp5ses ( ! ,int]nal ,rev5ue ,s]vice to provide taxpay] s]vices1 includ+ pre-fil+ assi/ance & education1 fil+ & acc\nt s]vices1 taxpay] advocacy s]vices1 & o!r s]vices z au?oriz$ by #e ,u4,s4,c4 #caji1 at su* rates z may be det]m9$ by ! ,commission]1 #c1aha1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7ii7 ,en=cem5t ,= necess>y exp5ses = tax en=cem5t activities ( ! ,int]nal ,rev5ue ,s]vice to det]m9e & collect ow$ taxes1 to provide legal & litigation support1 to conduct crim9al inve/igations 7includ+ inve/igative te*nology71 to provide digital asset monitor+ & compliance activities1 to en=ce crim9al /atutes relat$ to violations ( int]nal rev5ue laws & o!r f9ancial crimes1 to pur*ase & hire pass5g] motor vehicles 7#ca ,u4,s4,c4 #acdc7;b771 & to provide o!r s]vices z au?oriz$ by #e ,u4,s4,c4 #caji1 at su* rates z may be det]m9$ by ! ,commission]1 #de1fcg1djj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7iii7 ,op]ations support ,= necess>y exp5ses ( ! ,int]nal ,rev5ue ,s]vice to support taxpay] s]vices & en=cem5t programs1 includ+ r5t paym5ts2 facilities s]vices2 pr9t+2 po/age2 physical security2 headqu>t]s & o!r ,,irs-wide adm9i/ration activities2 rese>* & /ati/ics ( income2 telecommunications2 in=mation te*nology developm5t1 enhancem5t1 op]ations1 ma9t5ance1 & security2 ! hire ( pass5g] motor vehicles 7#ca ,u4,s4,c4 #acdc7;b772 ! op]ations ( ! ,int]nal ,rev5ue ,s]vice ,ov]sight ,bo>d2 & o!r s]vices z au?oriz$ by #e ,u4,s4,c4 #caji1 at su* rates z may be det]m9$ by ! ,commission]1 #be1cbf1djj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7iv7 ,bus9ess sy/ems mod]nization ,= necess>y exp5ses ( ! ,int]nal ,rev5ue ,s]vice's bus9ess sy/ems mod]nization program1 includ+ developm5t ( callback te*nology & o!r te*nology to provide a m p]sonaliz$ cu/om] s]vice b n includ+ ! op]ation & ma9t5ance ( legacy sy/ems1 #d1gej1gjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7,b7 ,task ,=ce to design an ,,irs-run free ,direct e,file tax return sy/em ,= necess>y exp5ses ( ! ,int]nal ,rev5ue ,s]vice to deliv] to ,congress1 )9 n9e mon?s foll[+ ! date ( ! enactm5t ( ?is ,act1 a report on 7,i7 ! co/ 7includ+ options = diff]5tial cov]age bas$ on taxpay] adju/$ gross income & return complexity7 ( develop+ & runn+ a free direct efile tax return sy/em1 includ+ co/s to build & adm9i/] ea* release1 ) a focus on multi-l+ual & mobile-fri5dly features & safegu>ds = taxpay] data2 7,,ii7 taxpay] op9ions1 expectations1 & level ( tru/1 bas$ on surveys1 = su* a free direct efile sy/em2 & 7,,iii7 ! op9ions ( an indep5d5t ?ird-p>ty on ! ov]all feasibility1 approa*1 s*$ule1 co/1 organizational design1 & ,int]nal ,rev5ue ,s]vice capacity to deliv] su* a direct efile tax return sy/em1 #ae1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbc3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7#b7 ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration ,= necess>y exp5ses ( ! ,treasury ,inspector ,g5]al = ,tax ,adm9i/ration 9 c>ry+ out ! ,inspector ,g5]al ,act ( #aigh1 z am5d$1 includ+ pur*ase & hire ( pass5g] motor vehicles 7#ca ,u4,s4,c4 #acdc7;b772 & s]vices au?oriz$ by #e ,u4,s4,c4 #caji1 at su* rates z may be det]m9$ by ! ,inspector ,g5]al = ,tax ,adm9i/ration1 #djc1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7#c7 ,(fice ( ,tax ,policy ,= necess>y exp5ses ( ! ,(fice ( ,tax ,policy ( ! ,dep>tm5t ( ! ,treasury to c>ry out functions relat$ to promulgat+ regulations "u ! ,int]nal ,rev5ue ,code ( #aihf1 #ajd1ecc1hjc1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7#d7 ,unit$ ,/ates ,tax ,c\rt ,= necess>y exp5ses ( ! ,unit$ ,/ates ,tax ,c\rt1 includ+ contract report+ & o!r s]vices z au?oriz$ by #e ,u4,s4,c4 #caji2 #aec1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 7#e7 ,treasury dep>tm5tal (fices ,= necess>y exp5ses ( ! ,dep>tm5tal ,(fices ( ! ,dep>tm5t ( ! ,treasury to provide = ov]sight & implem5tation support = actions by ! ,int]nal ,rev5ue ,s]vice to implem5t ?is ,act & ! am5dm5ts made by ?is ,act1 #ej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca3 ,provid$1 ,t ^! am\nts %all be 9 addition to am\nts o!rwise available = su* purposes4 ,b ,prescription ,drug ,pric+ ,re=m #a ,l[]+ ,prices ,?r\gh ,drug ,price ,negotiation #aajja4 ,provid+ = l[] prices = c]ta9 high-pric$ s+le s\rce drugs 7a7 ,program ,to l[] prices = c]ta9 high-,pric$ s+le s\rce drugs ,title ,,xi ( ! ,social ,security ,act is am5d$ by add+ aft] section #aahd 7#db ,u4,s4,c4 #acbj;e-#c7 ! foll[+ new "p3 ,e ,price ,negotiation ,program to ,l[] ,prices = ,c]ta9 ,high-,pric$ ,s+le ,s\rce ,drugs #aaia4 ,e/abli%m5t ( program 7a7 ,9 g5]al ,! ,secret>y %all e/abli% a ,drug ,price ,negotiation ,program 79 ?is "p ref]r$ to z ! program74 ,"u ! program1 ) respect to ea* price applicability p]iod1 ! ,secret>y %all-- 7#a7 publi% a li/ ( select$ drugs 9 accordance ) section #aaib2 7#b7 ent] into agreem5ts ) manufactur]s ( select$ drugs ) respect to su* p]iod1 9 accordance ) section #aaic2 7#c7 negotiate &1 if applicable1 r5egotiate maximum fair prices = su* select$ drugs1 9 accordance ) section #aaid2 7#d7 c>ry out ! publication & adm9i/rative duties & compliance monitor+ 9 accordance ) sections #aaie & #aaif4 7b7 ,def9itions relat+ to tim+ ,= purposes ( ?is "p3 7#a7 ,initial price applicability ye> ,! t]m initial price applicability ye> means a ye> 7beg9n+ ) #bjbf74 7#b7 ,price applicability p]iod ,! t]m price applicability p]iod means1 ) respect to a qualify+ s+le s\rce drug1 ! p]iod beg9n+ ) ! fir/ initial price applicability ye> ) respect to :i* su* drug is a select$ drug & end+ ) ! la/ ye> dur+ :i* ! drug is a select$ drug4 7#c7 ,select$ drug publication date ,! t]m select$ drug publication date means1 ) respect to ea* initial price applicability ye>1 ,febru>y #a ( ! ye> t beg9s #b ye>s prior to su* ye>4 7#d7 ,negotiation p]iod ,! t]m negotiation p]iod means1 ) respect to an initial price applicability ye> ) respect to a select$ drug1 ! p]iod-- 7,a7 beg9n+ on ! soon] (-- 7i7 ! date on :i* ! manufactur] ( ! drug & ! ,secret>y ent] into an agreem5t "u section #aaic ) respect to su* drug2 or 7ii7 ,febru>y #bh foll[+ ! select$ drug publication date ) respect to su* select$ drug2 & 7,b7 end+ on ,novemb] #a ( ! ye> t beg9s #b ye>s prior to ! initial price applicability ye>4 7c7 ,o!r def9itions ,= purposes ( ?is "p3 7#a7 ,manufactur] ,! t]m manufactur] has ! mean+ giv5 t t]m 9 section #ahdg;,a7c77#f77;,a74 7#b7 ,maximum fair price eligible individual ,! t]m maximum fair price eligible individual means1 ) respect to a select$ drug-- 7,a7 9 ! case su* drug is disp5s$ to ! individual at a ph>macy1 by a mail ord] s]vice1 or by ano!r disp5s]1 an individual :o is enroll$ 9 a prescription drug plan "u "p ,d ( title ,,xviii or an ,,ma-,,pd plan "u "p ,c ( su* title if cov]age is provid$ "u su* plan = su* select$ drug2 & 7,b7 9 ! case su* drug is furni%$ or adm9i/]$ to ! individual by a hospital1 physician1 or o!r provid] ( s]vices or suppli]1 an individual :o is enroll$ "u "p ,b ( title ,,xviii1 includ+ an individual :o is enroll$ 9 an ,,ma plan "u "p ,c ( su* title1 if paym5t may be made "u "p ,b = su* select$ drug4 7#c7 ,maximum fair price ,! t]m maximum fair price means1 ) respect to a ye> dur+ a price applicability p]iod & ) respect to a select$ drug 7z def9$ 9 section #aaib7;c77 ) respect to su* p]iod1 ! price negotiat$ pursuant to section #aaid1 & updat$ pursuant to section #aaie7;b71 z applicable1 = su* drug & ye>4 7#d7 ,ref]5ce product ,! t]m ref]5ce product has ! mean+ giv5 su* t]m 9 section #cea7;i7 ( ! ,public ,heal? ,s]vice ,act4 7#e7 ,total exp5ditures ,! t]m total exp5ditures includes1 9 ! case ( exp5ditures ) respect to "p ,d ( title ,,xviii1 ! total gross cov]$ prescription drug co/s 7z def9$ 9 section #ahfj;,d-#ae7;b77#c774 ,! t]m total exp5ditures excludes1 9 ! case ( exp5ditures ) respect to "p ,b ( su* title1 exp5ditures = a drug or biological product t are bundl$ or packag$ into ! paym5t = ano!r s]vice4 7#f7 ,unit ,! t]m unit means1 ) respect to a drug or biological product1 ! l[e/ id5tifiable am\nt 7su* z a capsule or tablet1 milligram ( molecules1 or grams7 ( ! drug or biological product t is disp5s$ or furni%$4 7d7 ,tim+ = initial price applicability ye> #bjbf ,not)/&+ ! provisions ( ?is "p1 9 ! case ( initial price applicability ye> #bjbf1 ! foll[+ rules %all apply = purposes ( implem5t+ ! program3 7#a7 ,subsection 7b77#c7 %all be appli$ by sub/itut+ ,septemb] #a1 #bjbc = 1 ) respect to ea* initial price applicability ye>1 ,febru>y #a ( ! ye> t beg9s #b ye>s prior to su* ye>4 7#b7 ,subsection 7b77#d7 %all be appli$-- 7,a7 9 subp>agraph 7,a77ii71 by sub/itut+ ,octob] #a1 #bjbc = ,febru>y #bh foll[+ ! select$ drug publication date ) respect to su* select$ drug2 & 7,b7 9 subp>agraph 7,b71 by sub/itut+ ,augu/ #a1 #bjbd = ,novemb] #a ( ! ye> t beg9s #b ye>s prior to ! initial price applicability ye>4 7#c7 ,section #aaib %all be appli$-- 7,a7 9 subsection 7b77#a77;,a71 by sub/itut+ dur+ ! p]iod beg9n+ on ,june #a1 #bjbb1 & end+ on ,may #ca1 #bjbc = dur+ ! mo/ rec5t p]iod ( #ab mon?s prior to ! select$ drug publication date 7b end+ n lat] ?an ,octob] #ca ( ! ye> prior to ! ye> ( su* drug publication date71 ) respect to su* ye>1 = :i* data are available2 & 7,b7 9 subsection 7d77#a77;,a71 by sub/itut+ dur+ ! p]iod beg9n+ on ,june #a1 #bjbb1 & end+ on ,may #ca1 #bjbc = dur+ ! mo/ rec5t p]iod = :i* data are available ( at lea/ #ab mon?s prior to ! select$ drug publication date 7b end+ no lat] ?an ,octob] #ca ( ! ye> prior to ! ye> ( su* drug publication date71 ) respect to su* ye>4 7#d7 ,section #aaic7;a7 %all be appli$ by sub/itut+ ,octob] #a1 #bjbc = ,febru>y #bh foll[+ ! select$ drug publication date ) respect to su* select$ drug4 7#e7 ,section #aaid7;b77#b7 %all be appli$-- 7,a7 9 subp>agraph 7,a71 by sub/itut+ ,octob] #b1 #bjbc = ,m>* #a ( ! ye> ( ! select$ drug publication date1 ) respect to ! select$ drug2 7,b7 9 subp>agraph 7,b71 by sub/itut+ ,febru>y #a1 #bjbd = ! ,june #a foll[+ ! select$ drug publication date2 & 7,c7 9 subp>agraph 7,e71 by sub/itut+ ,augu/ #a1 #bjbd = ! fir/ day ( ,novemb] foll[+ ! select$ drug publication date1 ) respect to ! initial price applicability ye> 4 7#f7 ,section #aaie7;a77#a7 %all be appli$ by sub/itut+ ,septemb] #a1 #bjbd = ,novemb] #cj ( ! ye> t is #b ye>s prior to su* initial price applicability ye>4 #aaib4 ,selection ( negotiation-eligible drugs z select$ drugs 7a7 ,9 g5]al ,n lat] ?an ! select$ drug publication date ) respect to an initial price applicability ye>1 9 accordance ) subsection 7b71 ! ,secret>y %all select & publi% a li/ (-- 7#a7 ) respect to ! initial price applicability ye> #bjbf1 #aj negotiation-eligible drugs describ$ 9 subp>agraph 7,a7 ( subsection 7d77#a71 b n subp>agraph 7,b7 ( su* subsection1 ) respect to su* ye> 7or1 all 7if su* numb] is less ?an #aj7 su* negotiation-eligible drugs ) respect to su* ye>72 7#b7 ) respect to ! initial price applicability ye> #bjbg1 #ae negotiation-eligible drugs describ$ 9 subp>agraph 7,a7 ( subsection 7d77#a71 b n subp>agraph 7,b7 ( su* subsection1 ) respect to su* ye> 7or1 all 7if su* numb] is less ?an #ae7 su* negotiation-eligible drugs ) respect to su* ye>72 7#c7 ) respect to ! initial price applicability ye> #bjbh1 #ae negotiation-eligible drugs describ$ 9 subp>agraph 7,a7 or 7,b7 ( subsection 7d77#a7 ) respect to su* ye> 7or1 all 7if su* numb] is less ?an #ae7 su* negotiation-eligible drugs ) respect to su* ye>72 & 7#d7 ) respect to ! initial price applicability ye> #bjbi or a subsequ5t ye>1 #bj negotiation-eligible drugs describ$ 9 subp>agraph 7,a7 or 7,b7 ( subsection 7d77#a71 ) respect to su* ye> 7or1 all 7if su* numb] is less ?an #bj7 su* negotiation-eligible drugs ) respect to su* ye>74 ,subject to subsection 7c77#b7 & section #aaid7;f77#e71 ea* drug publi%$ on ! li/ pursuant to ! previ\s s5t5ce %all be subject to ! negotiation process "u section #aaid = ! negotiation p]iod ) respect to su* initial price applicability ye> 7& ! r5egotiation process "u su* section z applicable = any subsequ5t ye> dur+ ! applicable price applicability p]iod74 7b7 ,selection ( drugs 7#a7 ,9 g5]al ,9 c>ry+ out subsection 7a71 subject to p>agraph 7#b71 ! ,secret>y %all1 ) respect to an initial price applicability ye>1 d ! foll[+3 7,a7 ,rank negotiation-eligible drugs describ$ 9 subsection 7d77#a7 accord+ to ! total exp5ditures = su* drugs "u p>ts ,b & ,d ( title ,,xviii1 z det]m9$ by ! ,secret>y1 dur+ ! mo/ rec5t p]iod ( #ab mon?s prior to ! select$ drug publication date 7b end+ n lat] ?an ,octob] #ca ( ! ye> prior to ! ye> ( su* drug publication date71 ) respect to su* ye>1 = :i* data are available1 ) ! negotiation-eligible drugs ) ! highe/ total exp5ditures be+ rank$ ! highe/4 7,b7 ,select f su* rank$ drugs ) respect to su* ye> ! negotiation-eligible drugs ) ! highe/ su* rank+s4 7#b7 ,high sp5d "p ,d drugs = #bjbf & #bjbg ,) respect to ! initial price applicability ye> #bjbf & ) respect to ! initial price applicability ye> #bjbg1 ! ,secret>y %all apply p>agraph 7#a7 z if ! ref]5ce to negotiation-eligible drugs describ$ 9 subsection 7d77#a7 7 a ref]5ce to negotiation-eligible drugs describ$ 9 subsection 7d77#a77;,a7 & z if ! ref]5ce to total exp5ditures = su* drugs "u p>ts ,b & ,d ( title ,,xviii 7 a ref]5ce to total exp5ditures = su* drugs "u "p ,d ( title ,,xviii4 7c7 ,select$ drug 7#a7 ,9 g5]al ,= purposes ( ?is "p1 9 accordance ) subsection 7e77#b7 & subject to p>agraph 7#b71 ea* negotiation-eligible drug includ$ on ! li/ publi%$ "u subsection 7a7 ) respect to an initial price applicability ye> %all be ref]r$ to z a select$ drug ) respect to su* ye> & ea* subsequ5t ye> beg9n+ be=e ! fir/ ye> t beg9s at lea/ #i mon?s aft] ! date on :i* ! ,secret>y det]m9es at lea/ "o drug or biological product-- 7,a7 is approv$ or lic5s$ 7z applicable7-- 7i7 "u section #eje7;j7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act us+ su* drug z ! li/$ drug2 or 7ii7 "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act us+ su* drug z ! ref]5ce product2 & 7,b7 is m>ket$ pursuant to su* approval or lic5sure4 7#b7 ,cl>ification ,a negotiation-eligible drug-- 7,a7 t is includ$ on ! li/ publi%$ "u subsection 7a7 ) respect to an initial price applicability ye>2 & 7,b7 = :i* ! ,secret>y makes a det]m9ation describ$ 9 p>agraph 7#a7 be=e or dur+ ! negotiation p]iod ) respect to su* initial price applicability ye>2 %all n be subject to ! negotiation process "u section #aaid ) respect to su* negotiation p]iod & %all cont9ue to be consid]$ a select$ drug "u ?is "p ) respect to ! numb] ( negotiation-eligible drugs publi%$ on ! li/ "u subsection 7a7 ) respect to su* initial price applicability ye>4 7d7 ,negotiation-,eligible drug 7#a7 ,9 g5]al ,= purposes ( ?is "p1 subject to p>agraph 7#b71 ! t]m negotiation-eligible drug means1 ) respect to ! select$ drug publication date ) respect to an initial price applicability ye>1 a qualify+ s+le s\rce drug1 z def9$ 9 subsection 7e71 t is describ$ 9 ei!r ( ! foll[+ subp>agraphs 7or1 ) respect to ! initial price applicability ye> #bjbf or #bjbg1 t is describ$ 9 subp>agraph 7,a773 7,a7 ,"p ,d high sp5d drugs ,! qualify+ s+le s\rce drug is1 det]m9$ 9 accordance ) subsection 7e77#b71 among ! #ej qualify+ s+le s\rce drugs ) ! highe/ total exp5ditures "u "p ,d ( title ,,xviii1 z det]m9$ by ! ,secret>y 9 accordance ) p>agraph 7#c71 dur+ ! mo/ rec5t #ab-mon? p]iod = :i* data are available prior to su* select$ drug publication date 7b end+ no lat] ?an ,octob] #ca ( ! ye> prior to ! ye> ( su* drug publication date74 7,b7 ,"p ,b high sp5d drugs ,! qualify+ s+le s\rce drug is1 det]m9$ 9 accordance ) subsection 7e77#b71 among ! #ej qualify+ s+le s\rce drugs ) ! highe/ total exp5ditures "u "p ,b ( title ,,xviii1 z det]m9$ by ! ,secret>y 9 accordance ) p>agraph 7#c71 dur+ su* mo/ rec5t #ab-mon? p]iod1 z describ$ 9 subp>agraph 7,a74 7#b7 ,exception = small biote* drugs 7,a7 ,9 g5]al ,subject to subp>agraph 7,c71 ! t]m negotiation-eligible drug %all n include1 ) respect to ! initial price applicability ye>s #bjbf1 #bjbg1 & #bjbh1 a qualify+ s+le s\rce drug t meets ei!r ( ! foll[+3 7i7 ,"p ,d drugs ,! total exp5ditures = ! qualify+ s+le s\rce drug "u "p ,d ( title ,,xviii1 z det]m9$ by ! ,secret>y 9 accordance ) p>agraph 7#c77;,b71 dur+ #bjba-- 7,i7 are equal to or less ?an #a p]c5t ( ! total exp5ditures "u su* "p ,d1 z s det]m9$1 = all cov]$ "p ,d drugs 7z def9$ 9 section #ahfj;,d-#b7;e77 dur+ su* ye>2 & 7,,ii7 are equal to at lea/ #hj p]c5t ( ! total exp5ditures "u su* "p ,d1 z s det]m9$1 = all cov]$ "p ,d drugs = :i* ! manufactur] ( ! drug has an agreem5t 9 effect "u section #ahfj;,d-#ad;,a dur+ su* ye>4 7ii7 ,"p ,b drugs ,! total exp5ditures = ! qualify+ s+le s\rce drug "u "p ,b ( title ,,xviii1 z det]m9$ by ! ,secret>y 9 accordance ) p>agraph 7#c77;,b71 dur+ #bjba-- 7,i7 are equal to or less ?an #a p]c5t ( ! total exp5ditures "u su* "p ,b1 z s det]m9$1 = all qualify+ s+le s\rce drugs = :i* paym5t may be made "u su* "p ,b dur+ su* ye>2 & 7,,ii7 are equal to at lea/ #hj p]c5t ( ! total exp5ditures "u su* "p ,b1 z s det]m9$1 = all qualify+ s+le s\rce drugs ( ! manufactur] = :i* paym5t may be made "u su* "p ,b dur+ su* ye>4 7,b7 ,cl>ifications relat+ to manufactur]s 7i7 ,aggregation rule ,all p]sons treat$ z a s+le employ] "u subsection 7a7 or 7b7 ( section #eb ( ! ,int]nal ,rev5ue ,code ( #aihf %all be treat$ z "o manufactur] = purposes ( ?is p>agraph4 7ii7 ,limitation ,a drug %all n be consid]$ to be a qualify+ s+le s\rce drug describ$ 9 clause 7i7 or 7ii7 ( subp>agraph 7,a7 if ! manufactur] ( su* drug is acquir$ aft] #bjba by ano!r manufactur] t does n meet ! def9ition ( a specifi$ manufactur] "u section #ahfj;,d-#ad;,c7g77#d77;,b77ii71 effective at ! beg9n+ ( ! plan ye> imm$iately foll[+ su* acquisition or1 9 ! case ( an acquisition be=e #bjbe1 effective ,janu>y #a1 #bjbe4 7,c7 ,drugs n includ$ z small biote* drugs ,a new =mulation1 su* z an ext5d$ release =mulation1 ( a qualify+ s+le s\rce drug %all n be consid]$ a qualify+ s+le s\rce drug describ$ 9 subp>agraph 7,a74 7#c7 ,cl>ifications & det]m9ations 7,a7 ,previ\sly select$ drugs & small biote* drugs exclud$ ,9 apply+ subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#a71 ! ,secret>y %all n consid] or c\nt-- 7i7 drugs t are already select$ drugs2 & 7ii7 = initial price applicability ye>s #bjbf1 #bjbg1 & #bjbh1 qualify+ s+le s\rce drugs describ$ 9 p>agraph 7#b77;,a74 7,b7 ,use ( data ,9 det]m9+ :e!r a qualify+ s+le s\rce drug satisfies any ( ! crit]ia describ$ 9 p>agraph 7#a7 or 7#b71 ! ,secret>y %all use data t is aggregat$ across dosage =ms & /r5g?s ( ! drug1 includ+ new =mulations ( ! drug1 su* z an ext5d$ release =mulation1 & n bas$ on ! specific =mulation or package size or package type ( ! drug4 7e7 ,qualify+ s+le s\rce drug 7#a7 ,9 g5]al ,= purposes ( ?is "p1 ! t]m qualify+ s+le s\rce drug means1 ) respect to an initial price applicability ye>1 subject to p>agraphs 7#b7 & 7#c71 a cov]$ "p ,d drug 7z def9$ 9 section #ahfj;,d-#b7;e77 t is describ$ 9 any ( ! foll[+ or a drug or biological product = :i* paym5t may be made "u "p ,b ( title ,,xviii t is describ$ 9 any ( ! foll[+3 7,a7 ,drug products ,a drug-- 7i7 t is approv$ "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act & is m>ket$ pursuant to su* approval2 7ii7 = :i*1 z ( ! select$ drug publication date ) respect to su* initial price applicability ye>1 at lea/ #g ye>s w h elaps$ s9ce ! date ( su* approval2 & 7iii7 t is n ! li/$ drug = any drug t is approv$ & m>ket$ "u section #eje7;j7 ( su* ,act4 7,b7 ,biological products ,a biological product-- 7i7 t is lic5s$ "u section #cea7;a7 ( ! ,public ,heal? ,s]vice ,act & is m>ket$ "u section #cea ( su* ,act2 7ii7 = :i*1 z ( ! select$ drug publication date ) respect to su* initial price applicability ye>1 at lea/ #aa ye>s w h elaps$ s9ce ! date ( su* lic5sure2 & 7iii7 t is n ! ref]5ce product = any biological product t is lic5s$ & m>ket$ "u section #cea7k7 ( su* ,act4 7#b7 ,treatm5t ( au?oriz$ g5]ic drugs 7,a7 ,9 g5]al ,9 ! case ( a qualify+ s+le s\rce drug describ$ 9 subp>agraph 7,a7 or 7,b7 ( p>agraph 7#a7 t is ! li/$ drug 7z su* t]m is us$ 9 section #eje7;j7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act7 or a product describ$ 9 clause 7ii7 ( subp>agraph 7,b71 ) respect to an au?oriz$ g5]ic drug1 9 apply+ ! provisions ( ?is "p1 su* au?oriz$ g5]ic drug & su* li/$ drug or su* product %all be treat$ z ! same qualify+ s+le s\rce drug4 7,b7 ,au?oriz$ g5]ic drug def9$ ,= purposes ( ?is p>agraph1 ! t]m au?oriz$ g5]ic drug means-- 7i7 9 ! case ( a drug1 an au?oriz$ g5]ic drug 7z su* t]m is def9$ 9 section #eje7t77#c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act72 & 7ii7 9 ! case ( a biological product1 a product t-- 7,i7 has be5 lic5s$ "u section #cea7;a7 ( su* ,act2 & 7,,ii7 is m>ket$1 sold1 or di/ribut$ directly or indirectly to retail class ( trade "u a diff]5t label+1 packag+ 7o!r ?an repackag+ z ! ref]5ce product 9 bli/] packs1 unit doses1 or simil> packag+ = use 9 in/itutions71 product code1 label] code1 trade "n1 or trade m>k ?an ! ref]5ce product4 7#c7 ,exclusions ,9 ?is "p1 ! t]m qualify+ s+le s\rce drug does n include any ( ! foll[+3 7,a7 ,c]ta9 orphan drugs ,a drug t is designat$ z a drug = only "o r>e disease or condition "u section #ebf ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act & = :i* ! only approv$ indication 7or indications7 is = su* disease or condition4 7,b7 ,l[ sp5d ,m$ic>e drugs ,a drug or biological product ) respect to :i* ! total exp5ditures "u p>ts ,b & ,d ( title ,,xviii1 z det]m9$ by ! ,secret>y 9 accordance ) subsection 7d77#c77;,b7-- 7i7 ) respect to initial price applicability ye> #bjbf1 is less ?an1 dur+ ! p]iod beg9n+ on ,june #a1 #bjbb1 & end+ on ,may #ca1 #bjbc1 #bjj1jjj1jjj2 7ii7 ) respect to initial price applicability ye> #bjbg1 is less ?an1 dur+ ! mo/ rec5t #ab-mon? p]iod applicable "u subp>agraphs 7,a7 & 7,b7 ( subsection 7d77#a7 = su* ye>1 ! doll> am\nt specifi$ 9 clause 7i7 increas$ by ! annual p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 = ! p]iod beg9n+ on ,june #a1 #bjbc1 & end+ on ,septemb] #cj1 #bjbd2 or 7iii7 ) respect to a subsequ5t initial price applicability ye>1 is less ?an1 dur+ ! mo/ rec5t #ab-mon? p]iod applicable "u subp>agraphs 7,a7 & 7,b7 ( subsection 7d77#a7 = su* ye>1 ! doll> am\nt specifi$ 9 ?is subp>agraph = ! previ\s initial price applicability ye> increas$ by ! annual p]c5tage increase 9 su* consum] price index = ! #ab-mon? p]iod end+ on ,septemb] #cj ( ! ye> prior to ! ye> ( ! select$ drug publication date ) respect to su* subsequ5t initial price applicability ye>4 7,c7 ,plasma-d]iv$ products ,a biological product t is d]iv$ f human :ole blood or plasma4 #aaic4 ,manufactur] agreem5ts 7a7 ,9 g5]al ,= purposes ( section #aaia7;a77#b71 ! ,secret>y %all ent] into agreem5ts ) manufactur]s ( select$ drugs ) respect to a price applicability p]iod1 by n lat] ?an ,febru>y #bh foll[+ ! select$ drug publication date ) respect to su* select$ drug1 "u :i*-- 7#a7 dur+ ! negotiation p]iod = ! initial price applicability ye> = ! select$ drug1 ! ,secret>y & ! manufactur]1 9 accordance ) section #aaid1 negotiate to det]m9e 7&1 by n lat] ?an ! la/ date ( su* p]iod1 agree to7 a maximum fair price = su* select$ drug ( ! manufactur] 9 ord] = ! manufactur] to provide access to su* price-- 7,a7 to maximum fair price eligible individuals :o ) respect to su* drug are describ$ 9 subp>agraph 7,a7 ( section #aaia7;c77#b7 & are disp5s$ su* drug 7& to ph>macies1 mail ord] s]vices1 & o!r disp5s]s1 ) respect to su* maximum fair price eligible individuals :o are disp5s$ su* drugs7 dur+1 subject to p>agraph 7#b71 ! price applicability p]iod2 & 7,b7 to hospitals1 physicians1 & o!r provid]s ( s]vices & suppli]s ) respect to maximum fair price eligible individuals :o ) respect to su* drug are describ$ 9 subp>agraph 7,b7 ( su* section & are furni%$ or adm9i/]$ su* drug dur+1 subject to p>agraph 7#b71 ! price applicability p]iod2 7#b7 ! ,secret>y & ! manufactur] %all1 9 accordance ) section #aaid1 r5egotiate 7&1 by n lat] ?an ! la/ date ( ! p]iod ( r5egotiation1 agree to7 ! maximum fair price = su* drug1 9 ord] = ! manufactur] to provide access to su* maximum fair price 7z s r5egotiat$7-- 7,a7 to maximum fair price eligible individuals :o ) respect to su* drug are describ$ 9 subp>agraph 7,a7 ( section #aaia7;c77#b7 & are disp5s$ su* drug 7& to ph>macies1 mail ord] s]vices1 & o!r disp5s]s1 ) respect to su* maximum fair price eligible individuals :o are disp5s$ su* drugs7 dur+ any ye> dur+ ! price applicability p]iod 7beg9n+ aft] su* r5egotiation7 ) respect to su* select$ drug2 & 7,b7 to hospitals1 physicians1 & o!r provid]s ( s]vices & suppli]s ) respect to maximum fair price eligible individuals :o ) respect to su* drug are describ$ 9 subp>agraph 7,b7 ( su* section & are furni%$ or adm9i/]$ su* drug dur+ any ye> describ$ 9 subp>agraph 7,a72 7#c7 subject to subsection 7d71 access to ! maximum fair price 7includ+ z r5egotiat$ pursuant to p>agraph 7#b771 ) respect to su* a select$ drug1 %all be provid$ by ! manufactur] to-- 7,a7 maximum fair price eligible individuals1 :o ) respect to su* drug are describ$ 9 subp>agraph 7,a7 ( section #aaia7;c77#b71 at ! ph>macy1 mail ord] s]vice1 or o!r disp5s] at ! po9t-(-sale ( su* drug 7& %all be provid$ by ! manufactur] to ! ph>macy1 mail ord] s]vice1 or o!r disp5s]1 ) respect to su* maximum fair price eligible individuals :o are disp5s$ su* drugs71 z describ$ 9 p>agraph 7#a77;,a7 or 7#b77;,a71 z applicable2 & 7,b7 hospitals1 physicians1 & o!r provid]s ( s]vices & suppli]s ) respect to maximum fair price eligible individuals :o ) respect to su* drug are describ$ 9 subp>agraph 7,b7 ( su* section & are furni%$ or adm9i/]$ su* drug1 z describ$ 9 p>agraph 7#a77;,b7 or 7#b77;,b71 z applicable2 7#d7 ! manufactur] submits to ! ,secret>y1 9 a =m & mann] specifi$ by ! ,secret>y1 = ! negotiation p]iod = ! price applicability p]iod 7&1 if applicable1 be=e any p]iod ( r5egotiation pursuant to section #aaid7;f77 ) respect to su* drug-- 7,a7 in=mation on ! non-,f$]al av]age manufactur] price 7z def9$ 9 section #habf7;h77#e7 ( title #ch1 ,unit$ ,/ates ,code7 = ! drug = ! applicable ye> or p]iod2 & 7,b7 in=mation t ! ,secret>y requires to c>ry out ! negotiation 7or r5egotiation process7 "u ?is "p2 & 7#e7 ! manufactur] complies ) requirem5ts det]m9$ by ! ,secret>y to be necess>y = purposes ( adm9i/]+ ! program & monitor+ compliance ) ! program4 7b7 ,agreem5t 9 effect until drug is no long] a select$ drug ,an agreem5t ent]$ into "u ?is section %all be effective1 ) respect to a select$ drug1 until su* drug is no long] consid]$ a select$ drug "u section #aaib7;c74 7c7 ,confid5tiality ( in=mation ,in=mation submitt$ to ! ,secret>y "u ?is "p by a manufactur] ( a select$ drug t is propriet>y in=mation ( su* manufactur] 7z det]m9$ by ! ,secret>y7 %all be us$ only by ! ,secret>y or disclos$ to & us$ by ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates = purposes ( c>ry+ out ?is "p4 7d7 ,nonduplication ) #cdj;,b ceil+ price ,"u an agreem5t ent]$ into "u ?is section1 ! manufactur] ( a select$ drug-- 7#a7 %all n be requir$ to provide access to ! maximum fair price "u subsection 7a77#c71 ) respect to su* select$ drug & maximum fair price eligible individuals :o are eligible to be furni%$1 adm9i/]$1 or disp5s$ su* select$ drug at a cov]$ entity describ$ 9 section #cdj;,b7a77#d7 ( ! ,public ,heal? ,s]vice ,act1 to su* cov]$ entity if su* select$ drug is subject to an agreem5t describ$ 9 section #cdj;,b7a77#a7 ( su* ,act & ! ceil+ price 7def9$ 9 section #cdj;,b7a77#a7 ( su* ,act7 is l[] ?an ! maximum fair price = su* select$ drug2 & 7#b7 %all be requir$ to provide access to ! maximum fair price to su* cov]$ entity ) respect to maximum fair price eligible individuals :o are eligible to be furni%$1 adm9i/]$1 or disp5s$ su* select$ drug at su* entity at su* ceil+ price 9 a nonduplicat$ am\nt to ! ceil+ price if su* maximum fair price is bel[ ! ceil+ price = su* select$ drug4 #aaid4 ,negotiation & r5egotiation process 7a7 ,9 g5]al ,= purposes ( ?is "p1 "u an agreem5t "u section #aaic betwe5 ! ,secret>y & a manufactur] ( a select$ drug 7or select$ drugs71 ) respect to ! p]iod = :i* su* agreem5t is 9 effect & 9 accordance ) subsections 7b71 7c71 & 7d71 ! ,secret>y & ! manufactur]-- 7#a7 %all dur+ ! negotiation p]iod ) respect to su* drug1 9 accordance ) ?is section1 negotiate a maximum fair price = su* drug = ! purpose describ$ 9 section #aaic7;a77#a72 & 7#b7 r5egotiate1 9 accordance ) ! process specifi$ pursuant to subsection 7f71 su* maximum fair price = su* drug = ! purpose describ$ 9 section #aaic7;a77#b7 if su* drug is a r5egotiation-eligible drug "u su* subsection4 7b7 ,negotiation process requirem5ts 7#a7 ,me?odology & process ,! ,secret>y %all develop & use a consi/5t me?odology & process1 9 accordance ) p>agraph 7#b71 = negotiations "u subsection 7a7 t aims to a*ieve ! l[e/ maximum fair price = ea* select$ drug4 7#b7 ,specific elem5ts ( negotiation process ,z "p ( ! negotiation process "u ?is section1 ) respect to a select$ drug & ! negotiation p]iod ) respect to ! initial price applicability ye> ) respect to su* drug1 ! foll[+ %all apply3 7,a7 ,submission ( in=mation ,n lat] ?an ,m>* #a ( ! ye> ( ! select$ drug publication date1 ) respect to ! select$ drug1 ! manufactur] ( ! drug %all submit to ! ,secret>y1 9 accordance ) section #aaic7;a77#d71 ! in=mation describ$ 9 su* section4 7,b7 ,initial (f] by ,secret>y ,n lat] ?an ! ,june #a foll[+ ! select$ drug publication date1 ! ,secret>y %all provide ! manufactur] ( ! select$ drug ) a writt5 initial (f] t conta9s ! ,secret>y's proposal = ! maximum fair price ( ! drug & a concise ju/ification bas$ on ! factors describ$ 9 section #aaid7;e7 t 7 us$ 9 develop+ su* (f]4 7,c7 ,response to initial (f] 7i7 ,9 g5]al ,n lat] ?an #cj days aft] ! date ( receipt ( an initial (f] "u subp>agraph 7,b71 ! manufactur] %all ei!r accept su* (f] or propose a c\nt](f] to su* (f]4 7ii7 ,c\nt](f] requirem5ts ,if a manufactur] proposes a c\nt](f]1 su* c\nt](f]-- 7,i7 %all be 9 writ+2 & 7,,ii7 %all be ju/ifi$ bas$ on ! factors describ$ 9 subsection 7e74 7,d7 ,response to c\nt](f] ,aft] receiv+ a c\nt](f] "u subp>agraph 7,c71 ! ,secret>y %all respond 9 writ+ to su* c\nt](f]4 7,e7 ,deadl9e ,all negotiations betwe5 ! ,secret>y & ! manufactur] ( ! select$ drug %all end prior to ! fir/ day ( ,novemb] foll[+ ! select$ drug publication date1 ) respect to ! initial price applicability ye>4 7,f7 ,limitations on (f] am\nt ,9 negotiat+ ! maximum fair price ( a select$ drug1 ) respect to ! initial price applicability ye> = ! select$ drug1 &1 z applicable1 9 r5egotiat+ ! maximum fair price = su* drug1 ) respect to a subsequ5t ye> dur+ ! price applicability p]iod = su* drug1 ! ,secret>y %all n (f] 7or agree to a c\nt](f] =7 a maximum fair price = ! select$ drug t-- 7i7 exce$s ! ceil+ det]m9$ "u subsection 7c7 = ! select$ drug & ye>2 or 7ii7 z applicable1 is less ?an ! floor det]m9$ "u subsection 7d7 = ! select$ drug & ye>4 7c7 ,ceil+ = maximum fair price 7#a7 ,g5]al ceil+ 7,a7 ,9 g5]al ,! maximum fair price negotiat$ "u ?is section = a select$ drug1 ) respect to ! fir/ initial price applicability ye> ( ! price applicability p]iod ) respect to su* drug1 %all n exce$ ! l[] ( ! am\nt "u subp>agraph 7,b7 or ! am\nt "u subp>agraph 7,c74 7,b7 ,subp>agraph 7,b7 am\nt ,an am\nt equal to ! foll[+3 7i7 ,cov]$ "p ,d drug ,9 ! case ( a cov]$ "p ,d drug 7z def9$ 9 section #ahfj;,d-#b7;e771 ! sum ( ! plan specific enrollm5t weight$ am\nts = ea* prescription drug plan or ,,ma-,,pd plan 7z det]m9$ "u p>agraph 7#b774 7ii7 ,"p ,b drug or biological ,9 ! case ( a drug or biological product = :i* paym5t may be made "u "p ,b ( title ,,xviii1 ! paym5t am\nt "u section #ahdg;,a7b77#d7 = ! drug or biological product = ! ye> prior to ! ye> ( ! select$ drug publication date ) respect to ! initial price applicability ye> = ! drug or biological product4 7,c7 ,subp>agraph 7,c7 am\nt ,an am\nt equal to ! applicable p]c5t describ$ 9 p>agraph 7#c71 ) respect to su* drug1 ( ! foll[+3 7i7 ,initial price applicability ye> #bjbf ,9 ! case ( a select$ drug ) respect to :i* su* initial price applicability ye> is #bjbf1 ! av]age non-,f$]al av]age manufactur] price = su* drug = #bjba 7or1 9 ! case t !re is n an av]age non-,f$]al av]age manufactur] price available = su* drug = #bjba1 = ! fir/ full ye> foll[+ ! m>ket entry = su* drug71 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 f ,septemb] #bjba 7or ,decemb] ( su* fir/ full ye> foll[+ ! m>ket entry71 z applicable1 to ,septemb] ( ! ye> prior to ! ye> ( ! select$ drug publication date ) respect to su* initial price applicability ye>4 7ii7 ,initial price applicability ye> #bjbg & subsequ5t ye>s ,9 ! case ( a select$ drug ) respect to :i* su* initial price applicability ye> is #bjbg or a subsequ5t ye>1 ! l[] (-- 7,i7 ! av]age non-,f$]al av]age manufactur] price = su* drug = #bjba 7or1 9 ! case t !re is n an av]age non-,f$]al av]age manufactur] price available = su* drug = #bjba1 = ! fir/ full ye> foll[+ ! m>ket entry = su* drug71 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 f ,septemb] #bjba 7or ,decemb] ( su* fir/ full ye> foll[+ ! m>ket entry71 z applicable1 to ,septemb] ( ! ye> prior to ! ye> ( ! select$ drug publication date ) respect to su* initial price applicability ye>2 or 7,,ii7 ! av]age non-,f$]al av]age manufactur] price = su* drug = ! ye> prior to ! select$ drug publication date ) respect to su* initial price applicability ye>4 7#b7 ,plan specific enrollm5t weight$ am\nt ,= purposes ( p>agraph 7#a77;,b77i71 ! plan specific enrollm5t weight$ am\nt = a prescription drug plan or an ,,ma-,,pd plan ) respect to a cov]$ ,"p ,d drug is an am\nt equal to ! product (-- 7,a7 ! negotiat$ price ( ! drug "u su* plan "u "p ,d ( title ,,xviii1 net ( all price concessions receiv$ by su* plan or ph>macy b5efit manag]s on behalf ( su* plan1 = ! mo/ rec5t ye> = :i* data is available2 & 7,b7 a fraction-- 7i7 ! num]ator ( :i* is ! total numb] ( individuals enroll$ 9 su* plan 9 su* ye>2 & 7ii7 ! d5om9ator ( :i* is ! total numb] ( individuals enroll$ 9 a prescription drug plan or an ,,ma-,,pd plan 9 su* ye>4 7#c7 ,applicable p]c5t describ$ ,= purposes ( ?is subsection1 ! applicable p]c5t describ$ 9 ?is p>agraph is ! foll[+3 7,a7 ,%ort-monopoly drugs & vacc9es ,) respect to a select$ drug 7o!r ?an an ext5d$-monopoly drug & a long-monopoly drug71 #ge p]c5t4 7,b7 ,ext5d$-monopoly drugs ,) respect to an ext5d$-monopoly drug1 #fe p]c5t4 7,c7 ,long-monopoly drugs ,) respect to a long-monopoly drug1 #dj p]c5t4 7#d7 ,ext5d$-monopoly drug def9$ 7,a7 ,9 g5]al ,9 ?is "p1 subject to subp>agraph 7,b71 ! t]m ext5d$-monopoly drug means1 ) respect to an initial price applicability ye>1 a select$ drug = :i* at lea/ #ab ye>s1 b few] ?an #af ye>s1 h elaps$ s9ce ! date ( approval ( su* drug "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act or s9ce ! date ( lic5sure ( su* drug "u section #cea7;a7 ( ! ,public ,heal? ,s]vice ,act1 z applicable4 7,b7 ,exclusions ,! t]m ext5d$-monopoly drug %all n include any ( ! foll[+3 7i7 ,a vacc9e t is lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act & m>ket$ pursuant to su* section4 7ii7 ,a select$ drug = :i* a manufactur] _h an agreem5t "u ?is "p ) ! ,secret>y ) respect to an initial price applicability ye> t is be=e #bjcj4 7,c7 ,cl>ification ,no?+ 9 subp>agraph 7,b77ii7 %all limit ! transition ( a select$ drug describ$ 9 p>agraph 7#c77;,a7 to a long-monopoly drug if ! select$ drug meets ! def9ition ( a long-monopoly drug4 7#e7 ,long-monopoly drug def9$ 7,a7 ,9 g5]al ,9 ?is "p1 subject to subp>agraph 7,b71 ! t]m long-monopoly drug means1 ) respect to an initial price applicability ye>1 a select$ drug = :i* at lea/ #af ye>s h elaps$ s9ce ! date ( approval ( su* drug "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act or s9ce ! date ( lic5sure ( su* drug "u section #cea7;a7 ( ! ,public ,heal? ,s]vice ,act1 z applicable4 7,b7 ,exclusion ,! t]m long-monopoly drug %all n include a vacc9e t is lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act & m>ket$ pursuant to su* section4 7#f7 ,av]age non-,f$]al av]age manufactur] price ,9 ?is "p1 ! t]m av]age non-,f$]al av]age manufactur] price means ! av]age ( ! non-,f$]al av]age manufactur] price 7z def9$ 9 section #habf7;h77#e7 ( title #ch1 ,unit$ ,/ates ,code7 = ! #d cal5d> qu>t]s ( ! ye> involv$4 7d7 ,tempor>y floor = small biote* drugs ,9 ! case ( a select$ drug t is a qualify+ s+le s\rce drug describ$ 9 section #aaib7;d77#b7 & ) respect to :i* ! fir/ initial price applicability ye> ( ! price applicability p]iod ) respect to su* drug is #bjbi or #bjcj1 ! maximum fair price negotiat$ "u ?is section = su* drug = su* initial price applicability ye> may n be less ?an #ff p]c5t ( ! av]age non-,f$]al av]age manufactur] price = su* drug 7z def9$ 9 subsection 7c77#f77 = #bjba 7or1 9 ! case t !re is n an av]age non-,f$]al av]age manufactur] price available = su* drug = #bjba1 = ! fir/ full ye> foll[+ ! m>ket entry = su* drug71 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 f ,septemb] #bjba 7or ,decemb] ( su* fir/ full ye> foll[+ ! m>ket entry71 z applicable1 to ,septemb] ( ! ye> prior to ! select$ drug publication date ) respect to ! initial price applicability ye>4 7e7 ,factors ,= purposes ( negotiat+ ! maximum fair price ( a select$ drug "u ?is "p ) ! manufactur] ( ! drug1 ! ,secret>y %all consid] ! foll[+ factors1 z applicable to ! drug1 z ! basis = det]m9+ ! (f]s & c\nt](f]s "u subsection 7b7 = ! drug3 7#a7 ,manufactur]-specific data ,! foll[+ data1 ) respect to su* select$ drug1 z submitt$ by ! manufactur]3 7,a7 ,rese>* & developm5t co/s ( ! manufactur] = ! drug & ! ext5t to :i* ! manufactur] has rec\p$ rese>* & developm5t co/s4 7,b7 ,curr5t unit co/s ( production & di/ribution ( ! drug4 7,c7 ,prior ,f$]al f9ancial support = novel !rapeutic discov]y & developm5t ) respect to ! drug4 7,d7 ,data on p5d+ & approv$ pat5t applications1 exclusivities recogniz$ by ! ,food & ,drug ,adm9i/ration1 & applications & approvals "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act or section #cea7;a7 ( ! ,public ,heal? ,s]vice ,act = ! drug4 7,e7 ,m>ket data & rev5ue & sales volume data = ! drug 9 ! ,unit$ ,/ates4 7#b7 ,evid5ce ab\t alt]native treatm5ts ,! foll[+ evid5ce1 z available1 ) respect to su* select$ drug & !rapeutic alt]natives to su* drug3 7,a7 ,! ext5t to :i* su* drug repres5ts a !rapeutic advance z comp>$ to exi/+ !rapeutic alt]natives & ! co/s ( su* exi/+ !rapeutic alt]natives4 7,b7 ,prescrib+ in=mation approv$ by ! ,food & ,drug ,adm9i/ration = su* drug & !rapeutic alt]natives to su* drug4 7,c7 ,comp>ative effectiv5ess ( su* drug & !rapeutic alt]natives to su* drug1 tak+ into consid]ation ! effects ( su* drug & !rapeutic alt]natives to su* drug on specific populations1 su* z individuals ) disabilities1 ! eld]ly1 ! t]m9ally ill1 *ildr51 & o!r pati5t populations4 7,d7 ,! ext5t to :i* su* drug & !rapeutic alt]natives to su* drug address unmet m$ical ne$s = a condition = :i* treatm5t or diagnosis is n address$ adequately by available !rapy4 ,9 us+ evid5ce describ$ 9 subp>agraph 7,c71 ! ,secret>y %all n use evid5ce f comp>ative cl9ical effectiv5ess rese>* 9 a mann] t treats ext5d+ ! life ( an eld]ly1 disabl$1 or t]m9ally ill individual z ( l[] value ?an ext5d+ ! life ( an individual :o is y\ng]1 nondisabl$1 or n t]m9ally ill4 7f7 ,r5egotiation process 7#a7 ,9 g5]al ,9 ! case ( a r5egotiation-eligible drug 7z def9$ 9 p>agraph 7#b77 t is select$ "u p>agraph 7#c71 ! ,secret>y %all provide = a process ( r5egotiation 7= ye>s 7beg9n+ ) #bjbh7 dur+ ! price applicability p]iod1 ) respect to su* drug7 ( ! maximum fair price = su* drug consi/5t ) p>agraph 7#d74 7#b7 ,r5egotiation-eligible drug def9$ ,9 ?is section1 ! t]m r5egotiation-eligible drug means a select$ drug t is any ( ! foll[+3 7,a7 ,addition ( new indication ,a select$ drug = :i* a new indication is add$ to ! drug4 7,b7 ,*ange ( /atus to an ext5d$-monopoly drug ,a select$ drug t-- 7i7 is n an ext5d$-monopoly or a long-monopoly drug2 & 7ii7 = :i* !re is a *ange 9 /atus to t ( an ext5d$-monopoly drug4 7,c7 ,*ange ( /atus to a long-monopoly drug ,a select$ drug t-- 7i7 is n a long-monopoly drug2 & 7ii7 = :i* !re is a *ange 9 /atus to t ( a long-monopoly drug4 7,d7 ,mat]ial *anges ,a select$ drug = :i* ! ,secret>y det]m9es !re has be5 a mat]ial *ange ( any ( ! factors describ$ 9 p>agraph 7#a7 or 7#b7 ( subsection 7e74 7#c7 ,selection ( drugs = r5egotiation ,= ea* ye> 7beg9n+ ) #bjbh71 ! ,secret>y %all select among r5egotiation-eligible drugs = r5egotiation z foll[s3 7,a7 ,all ext5d$-monopoly negotiation-eligible drugs ,! ,secret>y %all select all r5egotiation-eligible drugs describ$ 9 p>agraph 7#b77;,b74 7,b7 ,all long-monopoly negotiation-eligible drugs ,! ,secret>y %all select all r5egotiation-eligible drugs describ$ 9 p>agraph 7#b77;,c74 7,c7 ,rema9+ drugs ,among ! rema9+ r5egotiation-eligible drugs describ$ 9 subp>agraphs 7,a7 & 7,d7 ( p>agraph 7#b71 ! ,secret>y %all select r5egotiation-eligible drugs = :i* ! ,secret>y expects r5egotiation is likely to result 9 a significant *ange 9 ! maximum fair price o!rwise negotiat$4 7#d7 ,r5egotiation process 7,a7 ,9 g5]al ,! ,secret>y %all specify ! process = r5egotiation ( maximum fair prices ) ! manufactur] ( a r5egotiation-eligible drug select$ = r5egotiation "u ?is subsection4 7,b7 ,consi/5t ) negotiation process ,! process specifi$ "u subp>agraph 7,a7 %all1 to ! ext5t practicable1 be consi/5t ) ! me?odology & process e/abli%$ "u subsection 7b7 & 9 accordance ) subsections 7c71 7d71 & 7e71 & = purposes ( apply+ subsections 7c77#a77;,a7 & 7d71 ! ref]5ce to ! fir/ initial price applicability ye> ( ! price applicability p]iod ) respect to su* drug %all be treat$ z ! fir/ initial price applicability ye> ( su* p]iod = :i* ! maximum fair price e/abli%$ pursuant to su* r5egotiation applies1 includ+ = apply+ subsection 7c77#c77;,b7 9 ! case ( r5egotiation-eligible drugs describ$ 9 p>agraph 7#c77;,a7 ( ?is subsection & subsection 7c77#c77;,c7 9 ! case ( r5egotiation-eligible drugs describ$ 9 p>agraph 7#c77;,b7 ( ?is subsection4 7#e7 ,cl>ification ,a r5egotiation-eligible drug = :i* ! ,secret>y makes a det]m9ation describ$ 9 section #aaib7;c77#a7 be=e or dur+ ! p]iod ( r5egotiation %all n be subject to ! r5egotiation process "u ?is section4 7g7 ,cl>ification ,! maximum fair price = a select$ drug describ$ 9 subp>agraph 7,a7 or 7,b7 ( p>agraph 7#a7 %all take effect no lat] ?an ! fir/ day ( ! fir/ cal5d> qu>t] t beg9s aft] ! date describ$ 9 subp>agraph 7,a7 or 7,b71 z applicable4 #aaie4 ,publication ( maximum fair prices 7a7 ,9 g5]al ,) respect to an initial price applicability ye> & a select$ drug ) respect to su* ye>-- 7#a7 n lat] ?an ,novemb] #cj ( ! ye> t is #b ye>s prior to su* initial price applicability ye>1 ! ,secret>y %all publi% ! maximum fair price = su* drug negotiat$ ) ! manufactur] ( su* drug "u ?is "p2 & 7#b7 n lat] ?an ,m>* #a ( ! ye> prior to su* initial price applicability ye>1 ! ,secret>y %all publi%1 subject to section #aaic7;c71 ! explanation = ! maximum fair price ) respect to ! factors z appli$ "u section #aaid7;e7 = su* drug describ$ 9 p>agraph 7#a74 7b7 ,updates 7#a7 ,subsequ5t ye> maximum fair prices ,= a select$ drug1 = ea* ye> subsequ5t to ! fir/ initial price applicability ye> ( ! price applicability p]iod ) respect to su* drug1 ) respect to :i* an agreem5t = su* drug is 9 effect "u section #aaic1 n lat] ?an ,novemb] #cj ( ! ye> t is #b ye>s prior to su* subsequ5t ye>1 ! ,secret>y %all publi% ! maximum fair price applicable to su* drug & ye>1 :i* %all be-- 7,a7 subject to subp>agraph 7,b71 ! am\nt equal to ! maximum fair price publi%$ = su* drug = ! previ\s ye>1 increas$ by ! annual p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 = ! #ab-mon? p]iod end+ ) ! ,july imm$iately prec$+ su* ,novemb] #cj2 or 7,b7 9 ! case ! maximum fair price = su* drug 0 r5egotiat$1 = ! fir/ ye> = :i* su* price z s r5egotiat$ applies1 su* r5egotiat$ maximum fair price4 7#b7 ,prices negotiat$ aft] deadl9e ,9 ! case ( a select$ drug ) respect to an initial price applicability ye> = :i* ! maximum fair price is det]m9$ "u ?is "p aft] ! date ( publication "u ?is section1 ! ,secret>y %all publi% su* maximum fair price by n lat] ?an #cj days aft] ! date su* maximum price is s det]m9$4 #aaif4 ,adm9i/rative duties & compliance monitor+ 7a7 ,adm9i/rative duties ,= purposes ( section #aaia7;a77#d71 ! adm9i/rative duties describ$ 9 ?is section are ! foll[+3 7#a7 ,! e/abli%m5t ( proc$ures to ensure t ! maximum fair price = a select$ drug is appli$ be=e-- 7,a7 any cov]age or f9ancial assi/ance "u o!r heal? b5efit plans or programs t provide cov]age or f9ancial assi/ance = ! pur*ase or provision ( prescription drug cov]age on behalf ( maximum fair price eligible individuals2 & 7,b7 any o!r disc\nts4 7#b7 ,! e/abli%m5t ( proc$ures to compute & apply ! maximum fair price across diff]5t /r5g?s & dosage =ms ( a select$ drug & n bas$ on ! specific =mulation or package size or package type ( su* drug4 7#c7 ,! e/abli%m5t ( proc$ures to c>ry out ! provisions ( ?is "p1 z applicable1 ) respect to-- 7,a7 maximum fair price eligible individuals :o are enroll$ 9 a prescription drug plan "u "p ,d ( title ,,xviii or an ,,ma-,,pd plan "u "p ,c ( su* title2 & 7,b7 maximum fair price eligible individuals :o are enroll$ "u "p ,b ( su* title1 includ+ :o are enroll$ 9 an ,,ma plan "u "p ,c ( su* title4 7#d7 ,! e/abli%m5t ( a negotiation process & r5egotiation process 9 accordance ) section #aaid4 7#e7 ,! e/abli%m5t ( a process = manufactur]s to submit in=mation describ$ 9 section #aaid7;b77#b77;,a74 7#f7 ,! %>+ ) ! ,secret>y ( ! ,treasury ( su* in=mation z is necess>y to det]m9e ! tax impos$ by section #ejjj;,d ( ! ,int]nal ,rev5ue ,code ( #aihf1 includ+ ! application ( su* tax to a manufactur]1 produc]1 or import] or ! det]m9ation ( any date describ$ 9 section #ejjj;,d7c77#a7 ( su* ,code4 ,= purposes ( ! prec$+ s5t5ce1 su* in=mation %all include-- 7,a7 ! date on :i* ! ,secret>y receives notification ( any t]m9ation ( an agreem5t "u ! ,m$ic>e cov]age gap disc\nt program "u section #ahfj;,d-#ad;,a & ! date on :i* any subsequ5t agreem5t "u su* program is ent]$ into2 7,b7 ! date on :i* ! ,secret>y receives notification ( any t]m9ation ( an agreem5t "u ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c & ! date on :i* any subsequ5t agreem5t "u su* program is ent]$ into2 & 7,c7 ! date on :i* ! ,secret>y receives notification ( any t]m9ation ( a rebate agreem5t describ$ 9 section #aibg7;b7 & ! date on :i* any subsequ5t rebate agreem5t describ$ 9 su* section is ent]$ into4 7#g7 ,! e/abli%m5t ( proc$ures = purposes ( apply+ section #aaib7;d77#b77;,b74 7b7 ,compliance monitor+ ,! ,secret>y %all monitor compliance by a manufactur] ) ! t]ms ( an agreem5t "u section #aaic & e/abli% a me*anism ?r\gh :i* violations ( su* t]ms %all be report$4 #aaig4 ,civil monet>y p5alties 7a7 ,violations relat+ to (f]+ ( maximum fair price ,any manufactur] ( a select$ drug t has ent]$ into an agreem5t "u section #aaic1 ) respect to a ye> dur+ ! price applicability p]iod ) respect to su* drug1 t does n provide access to a price t is equal to or less ?an ! maximum fair price = su* drug = su* ye>-- 7#a7 to a maximum fair price eligible individual :o ) respect to su* drug is describ$ 9 subp>agraph 7,a7 ( section #aaia7;c77#b7 & :o is disp5s$ su* drug dur+ su* ye> 7& to ph>macies1 mail ord] s]vices1 & o!r disp5s]s1 ) respect to su* maximum fair price eligible individuals :o are disp5s$ su* drugs72 or 7#b7 to a hospital1 physician1 or o!r provid] ( s]vices or suppli] ) respect to maximum fair price eligible individuals :o ) respect to su* drug is describ$ 9 subp>agraph 7,b7 ( su* section & is furni%$ or adm9i/]$ su* drug by su* hospital1 physician1 or provid] or suppli] dur+ su* ye>2 %all be subject to a civil monet>y p5alty equal to t5 times ! am\nt equal to ! product ( ! numb] ( units ( su* drug s furni%$1 disp5s$1 or adm9i/]$ dur+ su* ye> & ! diff]5ce betwe5 ! price = su* drug made available = su* ye> by su* manufactur] ) respect to su* individual or hospital1 physician1 provid] ( s]vices1 or suppli] & ! maximum fair price = su* drug = su* ye>4 7b7 ,violations ( c]ta9 t]ms ( agreem5t ,any manufactur] ( a select$ drug t has ent]$ into an agreem5t "u section #aaic1 ) respect to a ye> dur+ ! price applicability p]iod ) respect to su* drug1 t is 9 violation ( a requirem5t impos$ pursuant to section #aaic7;a77#e71 includ+ ! requirem5t to submit in=mation pursuant to section #aaic7;a77#d71 %all be subject to a civil monet>y p5alty equal to #a1jjj1jjj = ea* day ( su* violation4 7c7 ,false in=mation ,any manufactur] t kn[+ly provides false in=mation pursuant to section #aaif7;a77#g7 %all be subject to a civil monet>y p5alty equal to #ajj1jjj1jjj = ea* item ( su* false in=mation4 7d7 ,application ,! provisions ( section #aabh;,a 7o!r ?an subsections 7a7 & 7b77 %all apply to a civil monet>y p5alty "u ?is section 9 ! same mann] z su* provisions apply to a p5alty or proce$+ "u section #aabh;,a7a74 #aaih4 ,limitation on adm9i/rative & judicial review ,!re %all be no adm9i/rative or judicial review ( any ( ! foll[+3 7#a7 ,! det]m9ation ( a unit1 ) respect to a drug or biological product1 pursuant to section #aaia7;c77#f74 7#b7 ,! selection ( drugs "u section #aaib7;b71 ! det]m9ation ( negotiation-eligible drugs "u section #aaib7;d71 & ! det]m9ation ( qualify+ s+le s\rce drugs "u section #aaib7;e74 7#c7 ,! det]m9ation ( a maximum fair price "u subsection 7b7 or 7f7 ( section #aaid4 7#d7 ,! det]m9ation ( r5egotiation-eligible drugs "u section #aaid7;f77#b7 & ! selection ( r5egotiation-eligible drugs "u section #aaid7;f77#c74 4 7b7 ,application ( maximum fair prices & con=m+ am5dm5ts 7#a7 ,"u ,m$ic>e 7,a7 ,application to paym5ts "u "p ,b ,section #ahdg;,a7b77#a77;,b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7b77#a77;,b77 is am5d$ by ins]t+ or 9 ! case ( su* a drug or biological product t is a select$ drug 7z ref]r$ to 9 section #aaib7;c771 ) respect to a price applicability p]iod 7z def9$ 9 section #aaia7;b77#b771 #ajf p]c5t ( ! maximum fair price 7z def9$ 9 section #aaia7;c77#c77 applicable = su* drug & a ye> dur+ su* p]iod aft] p>agraph 7#d74 7,b7 ,application "u ,,ma ( co/-%>+ = "p ,b drugs bas$ (f ( negotiat$ price ,section #aheb7;a77#a77;,b77iv7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#bb7;a77#a77;,b77iv77 is am5d$-- 7i7 by r$esignat+ subclause 7,,vii7 z subclause 7,,viii72 & 7ii7 by ins]t+ aft] subclause 7,,vi7 ! foll[+ subclause3 7,,vii7 ,a drug or biological product t is a select$ drug 7z ref]r$ to 9 section #aaib7;c774 4 7,c7 ,exception to "p ,d non-int]f]5ce ,section #ahfj;,d-#aa7;i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaa7;i77 is am5d$-- 7i7 9 p>agraph 7#a71 by /rik+ & at ! end2 7ii7 9 p>agraph 7#b71 by /rik+ or in/itute a price /ructure = ! reimbursem5t ( cov]$ "p ,d drugs4 & ins]t+ 1 except z provid$ "u section #ahfj;,d-#d7;b77#c77l72 &2 & 7iii7 by add+ at ! end ! foll[+ new p>agraph3 7#c7 may n in/itute a price /ructure = ! reimbursem5t ( cov]$ "p ,d drugs1 except z provid$ "u "p ,e ( title ,,xi4 4 7,d7 ,application z negotiat$ price "u "p ,d ,section #ahfj;,d-#b7;d77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;d77#a77 is am5d$-- 7i7 9 subp>agraph 7,b71 by ins]t+ 1 subject to subp>agraph 7,d71 aft] negotiat$ prices2 & 7ii7 by add+ at ! end ! foll[+ new subp>agraph3 7,d7 ,application ( maximum fair price = select$ drugs ,9 apply+ ?is section1 9 ! case ( a cov]$ "p ,d drug t is a select$ drug 7z ref]r$ to 9 section #aaib7;c771 ) respect to a price applicability p]iod 7z def9$ 9 section #aaia7;b77#b771 ! negotiat$ prices us$ = paym5t 7z describ$ 9 ?is subsection7 %all be no great] ?an ! maximum fair price 7z def9$ 9 section #aaia7;c77#c77 = su* drug & = ea* ye> dur+ su* p]iod plus any disp5s+ fees = su* drug4 4 7,e7 ,cov]age ( select$ drugs ,section #ahfj;,d-#d7;b77#c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajd7;b77#c77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,i7 ,requir$ inclusion ( select$ drugs 7i7 ,9 g5]al ,= #bjbf & ea* subsequ5t ye>1 ! ,,pdp sponsor (f]+ a prescription drug plan %all include ea* cov]$ "p ,d drug t is a select$ drug "u section #aaib = :i* a maximum fair price 7z def9$ 9 section #aaia7;c77#c77 is 9 effect ) respect to ! ye>4 7ii7 ,cl>ification ,no?+ 9 clause 7i7 %all be con/ru$ z prohibit+ a ,,pdp sponsor f remov+ su* a select$ drug f a =mul>y if su* removal w\ld be p]mitt$ "u section #dbc4abj7;b77#e77;iv7 ( title #db1 ,code ( ,f$]al ,regulations 7or any successor regulation74 4 7,f7 ,in=mation f prescription drug plans & ,,ma-,,pd plans requir$ 7i7 ,prescription drug plans ,section #ahfj;,d-#ab7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aab7;b77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,provision ( in=mation relat$ to maximum fair prices ,ea* contract ent]$ into ) a ,,pdp sponsor "u ?is "p ) respect to a prescription drug plan (f]$ by su* sponsor %all require ! sponsor to provide in=mation to ! ,secret>y z reque/$ by ! ,secret>y = purposes ( c>ry+ out section #aaid4 4 7ii7 ,,ma-,,pd plans ,section #aheg7;f77#c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#bg7;f77#c77 is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,provision ( in=mation relat$ to maximum fair prices ,section #ahfj;,d-#ab7;b77#h74 4 7,g7 ,conditions = cov]age 7i7 ,m$ic>e "p ,d ,section #ahfj;,d-#dc7;c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aec7;c77 is am5d$-- 7,i7 by r$esignat+ p>agraphs 7#a7 & 7#b7 z subp>agraphs 7,a7 & 7,b71 respectively2 7,,ii7 by /rik+ agreem5ts4--,subsection & ins]t+ ! foll[+3 8agreem5ts4-- 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 subsection 2 & 7,,iii7 by add+ at ! end ! foll[+ new p>agraph3 7#b7 ,exception ,p>agraph 7#a77;,a7 %all n apply to a cov]$ "p ,d drug ( a manufactur] = any p]iod describ$ 9 section #ejjj;,d7c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to ! manufactur]4 4 7ii7 ,m$icaid & ,m$ic>e "p ,b ,section #aibg7;a77#c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;a77#c77 is am5d$ by add+ at ! end ! foll[+ new s5t5ce3 ,! prec$+ s5t5ce %all n apply to a s+le s\rce drug or innovator multiple s\rce drug ( a manufactur] = any p]iod describ$ 9 section #ejjj;,d7c77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf ) respect to ! manufactur]44 7,h7 ,disclosure ( in=mation "u ,m$ic>e "p ,d 7i7 ,contract requirem5ts ,section #ahfj;,d-#ab7;b77#c77;,d77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aab7;b77#c77;,d77i77 is am5d$ by ins]t+ 1 or c>ry+ out "p ,e ( title ,,xi aft] appropriate74 7ii7 ,subsidies ,section #ahfj;,d-#ae7;f77#b77;,a77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aae7;f77#b77;,a77i77 is am5d$ by ins]t+ or "p ,e ( title ,,xi aft] ?is section4 7#b7 ,drug price negotiation program prices includ$ 9 be/ price ,section #aibg7;c77#a77;,c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;c77#a77;,c77 is am5d$-- 7,a7 9 clause 7i77,,vi71 by /rik+ any prices *>g$ & ins]t+ subject to clause 7ii77,v71 any prices *>g$2 & 7,b7 9 clause 7ii7-- 7i7 9 subclause 7,,iii71 by /rik+ 2 & at ! end2 7ii7 9 subclause 7,,iv71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iii7 by add+ at ! end ! foll[+ new subclause3 7,v7 9 ! case ( a rebate p]iod & a cov]$ outpati5t drug t is a select$ drug 7z ref]r$ to 9 section #aaib7;c77 dur+ su* rebate p]iod1 %all be inclusive ( ! maximum fair price 7z def9$ 9 section #aaia7;c77#c77 = su* drug ) respect to su* p]iod4 4 7#c7 ,maximum fair prices exclud$ f av]age manufactur] price ,section #aibg7k77#a77;,b77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7k77#a77;,b77i77 is am5d$-- 7,a7 9 subclause 7,,iv7 by /rik+ 2 & at ! end2 7,b7 9 subclause 7,v7 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new subclause3 7,,vi7 any r$uction 9 price paid dur+ ! rebate p]iod to ! manufactur] = a drug by reason ( application ( "p ,e ( title ,,xi4 4 7c7 ,implem5tation = #bjbf ?r\gh #bjbh ,! ,secret>y ( ,heal? & ,human ,s]vices %all implem5t ?is section1 includ+ ! am5dm5ts made by ?is section1 = #bjbf1 #bjbg1 & #bjbh by program in/ruction or o!r =ms ( program guidance4 #aajjb4 ,special rule to delay selection & negotiation ( biologics = biosimil> m>ket entry 7a7 ,9 g5]al ,"p ,e ( title ,,xi ( ! ,social ,security ,act1 z add$ by section #aajja1 is am5d$-- 7#a7 9 section #aaib-- 7,a7 9 subsection 7a71 9 ! flu% matt] foll[+ p>agraph 7#d71 by ins]t+ & subsection 7b77#c7 aft] ! previ\s s5t5ce2 7,b7 9 subsection 7b7-- 7i7 9 p>agraph 7#a71 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 ,9 ! case ( a biological product = :i* ! inclusion ( ! biological product z a select$ drug on a li/ publi%$ "u subsection 7a7 has be5 delay$ "u subsection 7f77#b71 remove su* biological product f ! rank+s "u subp>agraph 7,a7 be=e mak+ ! selections "u subp>agraph 7,b74 2 & 7ii7 by add+ at ! end ! foll[+ new p>agraph3 7#c7 ,inclusion ( delay$ biological products ,pursuant to subp>agraphs 7,b77ii77,i7 & 7,c77i7 ( subsection 7f77#b71 ! ,secret>y %all select & include on ! li/ publi%$ "u subsection 7a7 ! biological products describ$ 9 su* subp>agraphs4 ,su* biological products %all c\nt t[>ds ! requir$ numb] ( drugs to be select$ "u subsection 7a77#a74 2 & 7,c7 by add+ at ! end ! foll[+ new subsection3 7f7 ,special rule ,to delay selection & negotiation ( biologics = biosimil> m>ket entry 7#a7 ,application 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 9 ! case ( a biological product t w\ld 7b = ?is subsection7 be an ext5d$-monopoly drug 7z def9$ 9 section #aaid7;c77#d77 includ$ z a select$ drug on ! li/ publi%$ "u subsection 7a7 ) respect to an initial price applicability ye>1 ! rules describ$ 9 p>agraph 7#b7 %all apply if ! ,secret>y det]m9es t !re is a high likelihood 7z describ$ 9 p>agraph 7#c77 t a biosimil> biological product 7= :i* su* biological product w be ! ref]5ce product7 w be lic5s$ & m>ket$ "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act be=e ! date t is #b ye>s aft] ! select$ drug publication date ) respect to su* initial price applicability ye>4 7,b7 ,reque/ requir$ 7i7 ,9 g5]al ,! ,secret>y %all n provide = a delay "u-- 7,i7 p>agraph 7#b77;,a7 unless a reque/ is made = su* a delay by a manufactur] ( a biosimil> biological product prior to ! select$ drug publication date = ! li/ publi%$ "u subsection 7a7 ) respect to ! initial price applicability ye> = :i* ! biological product may h be5 includ$ z a select$ drug on su* li/ b = subp>agraph 7#b77;,a72 or 7,,ii7 p>agraph 7#b77;,b77iii7 unless a reque/ is made = su* a delay by su* a manufactur] prior to ! select$ drug publication date = ! li/ publi%$ "u subsection 7a7 ) respect to ! initial price applicability ye> t is #a ye> aft] ! initial price applicability ye> = :i* ! biological product describ$ 9 subsection 7a7 w\ld h be5 includ$ z a select$ drug on su* li/ b = p>agraph 7#b77;,a74 7ii7 ,in=mation & docum5ts 7,i7 ,9 g5]al ,a reque/ made "u clause 7i7 %all be submitt$ to ! ,secret>y by su* manufactur] at a "t & 9 a =m & mann] specifi$ by ! ,secret>y1 & conta9-- 7aa7 in=mation & docum5ts necess>y = ! ,secret>y to make det]m9ations "u ?is subsection1 z specifi$ by ! ,secret>y & includ+1 to ! ext5t available1 items describ$ 9 subclause 7,,iii72 & 7bb7 all agreem5ts relat$ to ! biosimil> biological product fil$ ) ! ,f$]al ,trade ,commission or ! ,assi/ant ,attorney ,g5]al pursuant to subsections 7a7 & 7c7 ( section #aaab ( ! ,m$ic>e ,prescription ,drug1 ,improvem5t1 & ,mod]nization ,act ( #bjjc4 7,,ii7 ,additional in=mation & docum5ts ,aft] ! ,secret>y has review$ ! reque/ & mat]ials submitt$ "u subclause 7,i71 ! manufactur] %all submit any additional in=mation & docum5ts reque/$ by ! ,secret>y necess>y to make det]m9ations "u ?is subsection4 7,,iii7 ,items describ$ ,! items describ$ 9 ?is clause are ! foll[+3 7aa7 ,! manufactur+ s*$ule = su* biosimil> biological product submitt$ to ! ,food & ,drug ,adm9i/ration dur+ its review ( ! application "u su* section #cea7k74 7bb7 ,disclosures 79 fil+s by ! manufactur] ( su* biosimil> biological product ) ! ,securities & ,ex*ange ,commission requir$ "u section #ab7;b71 #ab7;g71 #ac7;a71 or #ae7;d7 ( ! ,securities ,ex*ange ,act ( #aicd ab\t capital inve/m5t1 rev5ue expectations1 & actions tak5 by ! manufactur] t are typical ( ! normal c\rse ( bus9ess 9 ! ye> 7or ! #b ye>s1 z applicable7 be=e m>ket+ ( a biosimil> biological product7 t p]ta9 to ! m>ket+ ( su* biosimil> biological product1 or comp>able docum5tation t is di/ribut$ to ! %>ehold]s ( privately held companies4 7,c7 ,aggregation rule 7i7 ,9 g5]al ,all p]sons treat$ z a s+le employ] "u subsection 7a7 or 7b7 ( section #eb ( ! ,int]nal ,rev5ue ,code ( #aihf1 or 9 a p>tn]%ip1 %all be treat$ z "o manufactur] = purposes ( p>agraph 7#b77;,d77iv74 7ii7 ,p>tn]%ip def9$ ,9 clause 7i71 ! t]m p>tn]%ip means a syndicate1 gr\p1 pool1 jo9t v5ture1 or o!r organization ?r\gh or by means ( :i* any bus9ess1 f9ancial op]ation1 or v5ture is c>ri$ on by ! manufactur] ( ! biological product & ! manufactur] ( ! biosimil> biological product4 7#b7 ,rules describ$ ,! rules describ$ 9 ?is p>agraph are ! foll[+3 7,a7 ,delay$ selection & negotiation = #a ye> ,if a det]m9ation ( high likelihood is made "u p>agraph 7#c71 ! ,secret>y %all delay ! inclusion ( ! biological product z a select$ drug on ! li/ publi%$ "u subsection 7a7 until su* li/ is publi%$ ) respect to ! initial price applicability ye> t is #a ye> aft] ! initial price applicability ye> = :i* ! biological product w\ld h be5 includ$ z a select$ drug on su* li/4 7,b7 ,if n lic5s$ & m>ket$ dur+ ! initial delay 7i7 ,9 g5]al ,if1 dur+ ! "t p]iod betwe5 ! select$ drug publication date on :i* ! biological product w\ld h be5 includ$ on ! li/ z a select$ drug pursuant to subsection 7a7 b = subp>agraph 7,a7 & ! select$ drug publication date ) respect to ! initial price applicability ye> t is #a ye> aft] ! initial price applicability ye> = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/1 ! ,secret>y det]m9es t ! biosimil> biological product = :i* ! manufactur] submitt$ ! reque/ "u p>agraph 7#a77;,b77i77,,ii7 7& = :i* ! ,secret>y previ\sly made a high likelihood det]m9ation "u p>agraph 7#c77 has n be5 lic5s$ & m>ket$ "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act1 ! ,secret>y %all1 at ! reque/ ( su* manufactur]-- 7,i7 reevaluate :e!r !re is a high likelihood 7z describ$ 9 p>agraph 7#c77 t su* biosimil> biological product w be lic5s$ & m>ket$ "u su* section #cea7k7 be=e ! date t is #b ye>s aft] ! select$ drug publication date = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/ publi%$ b = subp>agraph 7,a72 & 7,,ii7 evaluate :e!r1 on ! basis ( cle> & conv9c+ evid5ce1 ! manufactur] ( su* biosimil> biological product has made a significant am\nt ( progress 7z det]m9$ by ! ,secret>y7 t[>ds bo? su* lic5sure & ! m>ket+ ( su* biosimil> biological product 7bas$ on in=mation f items describ$ 9 subclauses 7,i77bb7 & 7,,ii7 ( p>agraph 7#a77;,b77ii77 s9ce ! receipt by ! ,secret>y ( ! reque/ made by su* manufactur] "u p>agraph 7#a77;,b77i77,i74 7ii7 ,selection & negotiation ,if ! ,secret>y det]m9es t !re is n a high likelihood t su* biosimil> biological product w be lic5s$ & m>ket$ z describ$ 9 clause 7i77,i7 or !re has n be5 a significant am\nt ( progress z describ$ 9 clause 7i77,,ii7-- 7,i7 ! ,secret>y %all include ! biological product z a select$ drug on ! li/ publi%$ "u subsection 7a7 ) respect to ! initial price applicability ye> t is #a ye> aft] ! initial price applicability ye> = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/ b = subp>agraph 7,a72 & 7,,ii7 ! manufactur] ( su* biological product %all pay a rebate "u p>agraph 7#d7 ) respect to ! ye> = :i* su* manufactur] w\ld h provid$ access to a maximum fair price = su* biological product b = subp>agraph 7,a74 7iii7 ,second #a-ye> delay ,if ! ,secret>y det]m9es t !re is a high likelihood t su* biosimil> biological product w be lic5s$ & m>ket$ 7z describ$ 9 clause 7i77,i77 & a significant am\nt ( progress has be5 made by ! manufactur] ( su* biosimil> biological product t[>ds su* lic5sure & m>ket+ 7z describ$ 9 clause 7i77,,ii771 ! ,secret>y %all delay ! inclusion ( ! biological product z a select$ drug on ! li/ publi%$ "u subsection 7a7 until ! select$ drug publication date ( su* li/ ) respect to ! initial price applicability ye> t is #b ye>s aft] ! initial price applicability ye> = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/ b = ?is subsection4 7,c7 ,if n lic5s$ & m>ket$ dur+ ! ye> two delay ,if1 dur+ ! "t p]iod betwe5 ! select$ drug publication date ( ! li/ = :i* ! biological product w\ld h be5 includ$ z a select$ drug b = subp>agraph 7,b77iii7 & ! select$ drug publication date ) respect to ! initial price applicability ye> t is #b ye>s aft] ! initial price applicability ye> = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/ b = ?is subsection1 ! ,secret>y det]m9es t su* biosimil> biological product has n be5 lic5s$ & m>ket$-- 7i7 ! ,secret>y %all include su* biological product z a select$ drug on su* li/ ) respect to ! initial price applicability ye> t is #b ye>s aft] ! initial price applicability ye> = :i* su* biological product w\ld h be5 includ$ z a select$ drug on su* li/2 & 7ii7 ! manufactur] ( su* biological product %all pay a rebate "u p>agraph 7#d7 ) respect to ! ye>s = :i* su* manufactur] w\ld h provid$ access to a maximum fair price = su* biological product b = ?is subsection4 7,d7 ,limitations on delays 7i7 ,limit$ to #b ye>s ,9 no case %all ! ,secret>y delay ! inclusion ( a biological product on ! li/ publi%$ "u subsection 7a7 = m ?an #b ye>s4 7ii7 ,exclusion ( biological products t transition$ to a long-monopoly drug dur+ ! delay ,9 ! case ( a biological product = :i* ! inclusion on ! li/ publi%$ pursuant to subsection 7a7 0 delay$ by #a ye> "u subp>agraph 7,a7 & = :i* !re w\ld h be5 a *ange 9 /atus to a long-monopoly drug 7z def9$ 9 section #aaid7;c77#e77 if su* biological product _h be5 a select$ drug1 9 no case may ! ,secret>y provide = a second #a-ye> delay "u subp>agraph 7,b77iii74 7iii7 ,exclusion ( biological products if m ?an #a ye> s9ce lic5sure ,9 no case %all ! ,secret>y delay ! inclusion ( a biological product on ! li/ publi%$ "u subsection 7a7 if m ?an #a ye> has elaps$ s9ce ! biosimil> biological product has be5 lic5s$ "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act & m>ket+ has n comm5c$ = su* biosimil> biological product4 7iv7 ,c]ta9 manufactur]s ( biosimil> biological products exclud$ ,9 no case %all ! ,secret>y delay ! inclusion ( a biological product z a select$ drug on ! li/ publi%$ "u subsection 7a7 if ,secret>y det]m9$ t ! manufactur] ( ! biosimil> biological product describ$ 9 p>agraph 7#a77;,a7-- 7,i7 is ! same z ! manufactur] ( ! ref]5ce product describ$ 9 su* p>agraph or is treat$ z be+ ! same pursuant to p>agraph 7#a77;,c72 or 7,,ii7 has1 bas$ on in=mation f items describ$ 9 p>agraph 7#a77;,b77ii77,i77bb71 ent]$ into any agreem5t describ$ 9 su* p>agraph ) ! manufactur] ( ! ref]5ce product describ$ 9 p>agraph 7#a77;,a7 t-- 7aa7 requires or inc5tivizes ! manufactur] ( ! biosimil> biological product to submit a reque/ describ$ 9 p>agraph 7#a77;,b72 or 7bb7 re/ricts ! quantity 7ei!r directly or indirectly7 ( ! biosimil> biological product t may be sold 9 ! ,unit$ ,/ates ov] a specifi$ p]iod ( "t4 7#c7 ,high likelihood ,= purposes ( ?is subsection1 !re is a high likelihood describ$ 9 p>agraph 7#a7 or p>agraph 7#b71 z applicable1 if ! ,secret>y f9ds t-- 7,a7 an application = lic5sure "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act = ! biosimil> biological product has be5 accept$ = review or approv$ by ! ,food & ,drug ,adm9i/ration2 & 7,b7 in=mation f items describ$ 9 sub clauses 7,i77bb7 & 7,,iii7 ( p>agraph 7#a77;,b77ii7 submitt$ to ! ,secret>y by ! manufactur] reque/+ a delay "u su* p>agraph provides cle> & conv9c+ evid5ce t su* biosimil> biological product w1 )9 ! "t p]iod specifi$ "u p>agraph 7#a77;,a7 or 7#b77;,b77i77,i71 be m>ket$4 7#d7 ,rebate 7,a7 ,9 g5]al ,= purposes ( subp>agraphs 7,b77ii77,,ii7 & 7,c77ii7 ( p>agraph 7#b71 9 ! case ( a biological product = :i* ! inclusion on ! li/ "u subsection 7a7 0 delay$ "u ?is subsection & = :i* ! ,secret>y has negotiat$ & ent]$ into an agreem5t "u section #aaic ) respect to su* biological product1 ! manufactur] %all be requir$ to pay a rebate to ! ,secret>y at su* "t & 9 su* mann] z det]m9$ by ! ,secret>y4 7,b7 ,am\nt ,subject to subp>agraph 7,c71 ! am\nt ( ! rebate "u subp>agraph 7,a7 ) respect to a biological product %all be equal to ! e/imat$ am\nt-- 7i7 9 ! case ( a biological product t is a cov]$ "p ,d drug 7z def9$ 9 section #ahfj;,d-#b7;e771 t is ! sum ( ! products (-- 7,i7 #ge p]c5t ( ! am\nt by :i*-- 7aa7 ! av]age manufactur] price1 z report$ by ! manufactur] ( su* cov]$ "p ,d drug "u section #aibg 7or1 if n report$ by su* manufactur] "u section #aibg1 z report$ by su* manufactur] to ! ,secret>y pursuant to ! agreem5t "u section #aaic7;a77 = su* biological product1 ) respect to ea* ( ! cal5d> qu>t]s ( ! price applicability p]iod t w\ld h appli$ b = ?is subsection2 exce$s 7bb7 9 ! initial price applicability ye> t w\ld h appli$ b = a delay "u-- 7,,aa7 p>agraph 7#b77;,a71 ! maximum fair price negotiat$ "u section #aaid = su* biological product "u su* agreem5t2 or 7,,bb7 p>agraph 7#b77;,b77iii71 su* maximum fair price1 increas$ z describ$ 9 section #aaie7;b77#a77;,a72 & 7,,ii7 ! numb] ( units disp5s$ "u "p ,d ( title ,,xviii = su* cov]$ "p ,d drug dur+ ea* su* cal5d> qu>t] ( su* price applicability p]iod2 & 7ii7 9 ! case ( a biological product = :i* paym5t may be made "u "p ,b ( title ,,xviii1 t is ! sum ( ! products (-- 7,i7 #hj p]c5t ( ! am\nt by :i*-- 7aa7 ! paym5t am\nt = su* biological product "u section #ahdg;,a7b71 ) respect to ea* ( ! cal5d> qu>t]s ( ! price applicability p]iod t w\ld h appli$ b = ?is subsection2 exce$s 7bb7 9 ! initial price applicability ye> t w\ld h appli$ b = a delay "u-- 7,,aa7 p>agraph 7#b77;,a71 ! maximum fair price negotiat$ "u section #aaid = su* biological product "u su* agreem5t2 or 7,,bb7 p>agraph 7#b77;,b77iii71 su* maximum fair price1 increas$ z describ$ 9 section #aaie7;b77#a77;,a72 & 7,,ii7 ! numb] ( units 7exclud+ units t are packag$ into ! paym5t am\nt = an item or s]vice & are n sep>ately payable "u su* "p ,b7 ( ! bill+ & paym5t code ( su* biological product adm9i/]$ or furni%$ "u su* "p ,b dur+ ea* su* cal5d> qu>t] ( su* price applicability p]iod4 7,c7 ,special rule = delay$ biological products t are long-monopoly drugs 7i7 ,9 g5]al ,9 ! case ( a biological product ) respect to :i* a rebate is requir$ to be paid "u ?is p>agraph1 if su* biological product qualifies z a long-monopoly drug 7z def9$ 9 section #aaid7;c77#e77 at ! "t ( its inclusion on ! li/ publi%$ "u subsection 7a71 9 det]m9+ ! am\nt ( ! rebate = su* biological product "u subp>agraph 7,b71 ! am\nt describ$ 9 clause 7ii7 %all be sub/itut$ = ! maximum fair price describ$ 9 clause 7i77,i7 or 7ii77,i7 ( su* subp>agraph 7,b71 z applicable4 7ii7 ,am\nt describ$ ,! am\nt describ$ 9 ?is clause is an am\nt equal to #fe p]c5t ( ! av]age non-,f$]al av]age manufactur] price = ! biological product = #bjba 7or1 9 ! case t !re is n an av]age non-,f$]al av]age manufactur] price available = su* biological product = #bjba1 = ! fir/ full ye> foll[+ ! m>ket entry = su* biological product71 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7all items2 ,unit$ ,/ates city av]age7 f ,septemb] #bjba 7or ,decemb] ( su* fir/ full ye> foll[+ ! m>ket entry71 z applicable1 to ,septemb] ( ! ye> prior to ! select$ drug publication date ) respect to ! initial price applicability ye> t w\ld h appli$ b = ?is subsection4 7,d7 ,rebate deposits ,am\nts paid z rebates "u ?is p>agraph %all be deposit$ into-- 7i7 9 ! case paym5t is made = su* biological product "u "p ,b ( title ,,xviii1 ! ,f$]al ,supplem5t>y ,m$ical ,insurance ,tru/ ,fund e/abli%$ "u section #ahda2 & 7ii7 9 ! case su* biological product is a cov]$ "p ,d drug 7z def9$ 9 section #ahfj;,d-#b7;e771 ! ,m$ic>e ,prescription ,drug ,acc\nt "u section #ahfj;,d-#af 9 su* ,tru/ ,fund4 7#e7 ,def9itions ( biosimil> biological product ,9 ?is subsection1 ! t]m biosimil> biological product has ! mean+ giv5 su* t]m 9 section #ahdg;,a7c77#f74 2 7#b7 9 section #aaic7;a77#d7-- 7,a7 9 ! matt] prec$+ subp>agraph 7,a71 by ins]t+ 1 & = section #aaib7;f71 aft] section #aaid7;f772 7,b7 9 subp>agraph 7,a71 by /rik+ & at ! end2 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 in=mation t ! ,secret>y requires to c>ry out section #aaib7;f71 includ+ rebates "u p>agraph 7#d7 ( su* section2 & 2 7#c7 9 section #aaif7;a77#g71 by /rik+ section #aaib7;d77#b77;,b7 & ins]t+ subsections 7d77#b77;,b7 & 7f77#a77;,c7 ( section #aaib2 7#d7 9 section #aaig-- 7,a7 by r$esignat+ subsections 7b71 7c71 & 7d7 z subsections 7c71 7d71 & 7e71 respectively2 & 7,b7 by ins]t+ aft] subsection 7a7 ! foll[+ new subsection3 7b7 ,violations relat+ to provid+ rebates ,any manufactur] t fails to comply ) ! rebate requirem5ts "u section #aaib7;f77#d7 %all be subject to a civil monet>y p5alty equal to #aj times ! am\nt ( ! rebate ! manufactur] fail$ to pay "u su* section4 2 & 7#e7 9 section #aaih7;b77#b71 by ins]t+ ! application ( section #aaib7;f71 aft] section #aaib7;e74 7b7 ,con=m+ am5dm5ts = disclosure ( c]ta9 in=mation ,section #aibg7;b77#c77;,d77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;b77#c77;,d77i77 is am5d$ by /rik+ or to c>ry out section #ahdg;,b & ins]t+ or to c>ry out section #ahdg;,b or section #aaib7;f71 includ+ rebates "u p>agraph 7#d7 ( su* section4 7c7 ,implem5tation = #bjbf ?r\gh #bjbh ,! ,secret>y ( ,heal? & ,human ,s]vices %all implem5t ?is section1 includ+ ! am5dm5ts made by ?is section1 = #bjbf1 #bjbg1 & #bjbh by program in/ruction or o!r =ms ( program guidance4 #aajjc4 ,excise tax impos$ on drug manufactur]s dur+ noncompliance p]iods 7a7 ,9 g5]al ,subtitle ,d ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new *apt]3 #ej;,a ,designat$ ,drugs ,sec4 #ejjj;,d4 ,designat$ drugs dur+ noncompliance p]iods4 #ejjj;,d4 ,designat$ drugs dur+ noncompliance p]iods 7a7 ,9 g5]al ,!re is h]eby impos$ on ! sale by ! manufactur]1 produc]1 or import] ( any designat$ drug dur+ a day describ$ 9 subsection 7b7 a tax 9 an am\nt su* t ! applicable p]c5tage is equal to ! ratio (-- 7#a7 su* tax1 divid$ by 7#b7 ! sum ( su* tax & ! price = :i* s sold4 7b7 ,noncompliance p]iods ,a day is describ$ 9 ?is subsection ) respect to a designat$ drug if x is a day dur+ "o ( ! foll[+ p]iods3 7#a7 ,! p]iod beg9n+ on ! ,m>* #a/ 7or1 9 ! case ( initial price applicability ye> #bjbf1 ! ,octob] #bnd7 imm$iately foll[+ ! date on :i* su* drug is includ$ on ! li/ publi%$ "u section #aaib7;a7 ( ! ,social ,security ,act & end+ on ! e>li] (-- 7,a7 ! fir/ date on :i* ! manufactur] ( su* designat$ drug has 9 place an agreem5t describ$ 9 section #aaic7;a7 ( su* ,act ) respect to su* drug1 or 7,b7 ! date t ! ,secret>y ( ,heal? & ,human ,s]vices has made a det]m9ation describ$ 9 section #aaib7;c77#a7 ( su* ,act ) respect to su* designat$ drug4 7#b7 ,! p]iod beg9n+ on ! ,novemb] #bnd imm$iately foll[+ ! ,m>* #a/ describ$ 9 p>agraph 7#a7 7or1 9 ! case ( initial price applicability ye> #bjbf1 ! ,augu/ #bnd imm$iately foll[+ ! ,octob] #bnd describ$ 9 su* p>agraph7 & end+ on ! e>li] (-- 7,a7 ! fir/ date on :i* ! manufactur] ( su* designat$ drug & ! ,secret>y ( ,heal? & ,human ,s]vices h agre$ to a maximum fair price "u an agreem5t describ$ 9 section #aaic7;a7 ( ! ,social ,security ,act1 or 7,b7 ! date t ! ,secret>y ( ,heal? & ,human ,s]vices has made a det]m9ation describ$ 9 section #aaib7;c77#a7 ( su* ,act ) respect to su* designat$ drug4 7#c7 ,9 ! case ( any designat$ drug :i* is a select$ drug 7z def9$ 9 section #aaib7;c7 ( ! ,social ,security ,act7 t ! ,secret>y ( ,heal? & ,human ,s]vices has select$ = r5egotiation "u section #aaid7;f7 ( su* ,act1 ! p]iod beg9n+ on ! ,novemb] #bnd ( ! ye> t beg9s #b ye>s prior to ! fir/ initial price applicability ye> ( ! price applicability p]iod = :i* ! maximum fair price e/abli%$ pursuant to su* r5egotiation applies & end+ on ! e>li] (-- 7,a7 ! fir/ date on :i* ! manufactur] ( su* designat$ drug has agre$ to a r5egotiat$ maximum fair price "u su* agreem5t1 or 7,b7 ! date t ! ,secret>y ( ,heal? & ,human ,s]vices has made a det]m9ation describ$ 9 section #aaib7;c77#a7 ( su* ,act ) respect to su* designat$ drug4 7#d7 ,) respect to in=mation t is requir$ to be submitt$ to ! ,secret>y ( ,heal? & ,human ,s]vices "u an agreem5t describ$ 9 section #aaic7;a7 ( ! ,social ,security ,act1 ! p]iod beg9n+ on ! date on :i* su* ,secret>y c]tifies t su* in=mation is ov]due & end+ on ! date t su* in=mation is s submitt$4 7c7 ,susp5sion ( tax 7#a7 ,9 g5]al ,a day %all n be tak5 into acc\nt z a day dur+ a p]iod describ$ 9 subsection 7b7 if su* day is also a day dur+ ! p]iod-- 7,a7 beg9n+ on ! fir/ date on :i*-- 7i7 ! notice ( t]m9ations ( all applicable agreem5ts ( ! manufactur] h be5 receiv$ by ! ,secret>y ( ,heal? & ,human ,s]vices1 & 7ii7 none ( ! drugs ( ! manufactur] ( ! designat$ drug are cov]$ by an agreem5t "u section #ahfj;,d-#ad;,a or #ahfj;,d-#ad;,c ( ! ,social ,security ,act1 & 7,b7 end+ on ! la/ day ( ,febru>y foll[+ ! e>li] (-- 7i7 ! fir/ day aft] ! date describ$ 9 subp>agraph 7,a7 on :i* ! manufactur] ent]s into any subsequ5t applicable agreem5t1 or 7ii7 ! fir/ date any drug ( ! manufactur] ( ! designat$ drug is cov]$ by an agreem5t "u section #ahfj;,d-#ad;,a or #ahfj;,d-#ad;,c ( ! ,social ,security ,act4 7#b7 ,applicable agreem5t ,= purposes ( ?is subsection1 ! t]m applicable agreem5t means ! foll[+3 7,a7 ,an agreem5t "u-- 7i7 ! ,m$ic>e cov]age gap disc\nt program "u section #ahfj;,d-#ad;,a ( ! ,social ,security ,act1 or 7ii7 ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c ( su* ,act4 7,b7 ,a rebate agreem5t describ$ 9 section #aibg7;b7 ( su* ,act4 7d7 ,applicable p]c5tage ,= purposes ( ?is section1 ! t]m applicable p]c5tage means-- 7#a7 9 ! case ( sales ( a designat$ drug dur+ ! fir/ #ij days describ$ 9 subsection 7b7 ) respect to su* drug1 #fe p]c5t1 7#b7 9 ! case ( sales ( su* drug dur+ ! #ia/ day ?r\gh ! #ahj? day describ$ 9 subsection 7b7 ) respect to su* drug1 #ge p]c5t1 7#c7 9 ! case ( sales ( su* drug dur+ ! #aha/ day ?r\gh ! #bgj? day describ$ 9 subsection 7b7 ) respect to su* drug1 #he p]c5t1 & 7#d7 9 ! case ( sales ( su* drug dur+ any subsequ5t day1 #ie p]c5t4 7e7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,designat$ drug ,! t]m designat$ drug means any negotiation-eligible drug 7z def9$ 9 section #aaib7;d7 ( ! ,social ,security ,act7 includ$ on ! li/ publi%$ "u section #aaib7;a7 ( su* ,act :i* is manufactur$ or produc$ 9 ! ,unit$ ,/ates or ent]$ into ! ,unit$ ,/ates = consumption1 use1 or w>eh\s+4 7#b7 ,unit$ ,/ates ,! t]m ,unit$ ,/ates has ! mean+ giv5 su* t]m by section #dfab7;a77#d74 7#c7 ,o!r t]ms ,! t]ms initial price applicability ye>1 price applicability p]iod1 & maximum fair price h ! mean+ giv5 su* t]ms 9 section #aaia ( ! ,social ,security ,act4 7f7 ,special rules 7#a7 ,coord9ation ) rules = possessions ( ! ,unit$ ,/ates ,rules simil> to ! rules ( p>agraphs 7#b7 & 7#d7 ( section #dacb7;c7 %all apply = purposes ( ?is section4 7#b7 ,anti-,abuse rule ,9 ! case ( a sale :i* 0 tim$ = ! purpose ( avoid+ ! tax impos$ by ?is section1 ! ,secret>y may treat su* sale z occurr+ dur+ a day describ$ 9 subsection 7b74 7g7 ,exports ,rules simil> to ! rules ( section #dffb7;e7 7o!r ?an section #dffb7;e77#b77;,a77ii77,,ii77 %all apply = purposes ( ?is *apt]4 7h7 ,regulations ,! ,secret>y %all prescribe su* regulations & o!r guidance z may be necess>y to c>ry out ?is section4 4 7b7 ,no d$uction = excise tax paym5ts ,section #bge7;a77#f7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ #ej;,a1 aft] #df14 7c7 ,cl]ical am5dm5t ,! table ( *apt]s = subtitle ,d ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new item3 ,*apt] #ej;,a--,designat$ ,drugs 4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to sales aft] ! date ( ! enactm5t ( ?is ,act4 #aajjd4 ,fund+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1jjj1jjj1jjj = fiscal ye> #bjbb1 to rema9 available until exp5d$1 to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is "p4 #b ,prescription ,drug ,inflation ,rebates #aaaja4 ,m$ic>e "p ,b rebate by manufactur]s 7a7 ,9 g5]al ,section #ahdg;,a ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7 is am5d$ by r$esignat+ subsection 7i7 z subsection 7j7 & by ins]t+ aft] subsection 7h7 ! foll[+ subsection3 7i7 ,rebate by manufactur]s = s+le s\rce drugs & biologicals ) prices increas+ fa/] ?an inflation 7#a7 ,requirem5ts 7,a7 ,secret>ial provision ( in=mation ,n lat] ?an #f mon?s aft] ! end ( ea* cal5d> qu>t] beg9n+ on or aft] ,janu>y #a1 #bjbc1 ! ,secret>y %all1 = ea* "p ,b rebatable drug1 report to ea* manufactur] ( su* "p ,b rebatable drug ! foll[+ = su* cal5d> qu>t]3 7i7 ,in=mation on ! total numb] ( units ( ! bill+ & paym5t code describ$ 9 subp>agraph 7,a77i7 ( p>agraph 7#c7 ) respect to su* drug & cal5d> qu>t]4 7ii7 ,in=mation on ! am\nt 7if any7 ( ! excess av]age sales price increase describ$ 9 subp>agraph 7,a77ii7 ( su* p>agraph = su* drug & cal5d> qu>t]4 7iii7 ,! rebate am\nt specifi$ "u su* p>agraph = su* "p ,b rebatable drug & cal5d> qu>t]4 7,b7 ,manufactur] requirem5t ,= ea* cal5d> qu>t] beg9n+ on or aft] ,janu>y #a1 #bjbc1 ! manufactur] ( a "p ,b rebatable drug %all1 = su* drug1 n lat] ?an #cj days aft] ! date ( receipt f ! ,secret>y ( ! in=mation describ$ 9 subp>agraph 7,a7 = su* cal5d> qu>t]1 provide to ! ,secret>y a rebate t is equal to ! am\nt specifi$ 9 p>agraph 7#c7 = su* drug = su* cal5d> qu>t]4 7,c7 ,transition rule = report+ ,! ,secret>y may1 = ea* "p ,b rebatable drug1 delay ! timeframe = report+ ! in=mation describ$ 9 subp>agraph 7,a7 = cal5d> qu>t]s beg9n+ 9 #bjbc & #bjbd until n lat] ?an ,septemb] #cj1 #bjbe4 7#b7 ,"p ,b rebatable drug def9$ 7,a7 ,9 g5]al ,9 ?is subsection1 ! t]m "p ,b rebatable drug means a s+le s\rce drug or biological 7z def9$ 9 subp>agraph 7,d7 ( subsection 7c77#f771 includ+ a biosimil> biological product 7z def9$ 9 subp>agraph 7,h7 ( su* subsection7 b exclud+ a qualify+ biosimil> biological product 7z def9$ 9 subsection 7b77#h77;,b77iii771 = :i* paym5t is made "u ?is "p1 except su* t]m %all n include su* a drug or biological-- 7i7 if1 z det]m9$ by ! ,secret>y1 ! av]age total all[$ *>ges = su* drug or biological "u ?is "p = a ye> p] individual t uses su* a drug or biological are less ?an1 subject to subp>agraph 7,b71 #ajj2 or 7ii7 t is a vacc9e describ$ 9 subp>agraph 7,a7 or 7,b7 ( section #ahfa7s77#aj74 7,b7 ,increase ,! doll> am\nt appli$ "u subp>agraph 7,a77i7-- 7i7 = #bjbd1 %all be ! doll> am\nt specifi$ "u su* subp>agraph = #bjbc1 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! #ab-mon? p]iod end+ ) ,june ( ! previ\s ye>2 & 7ii7 = a subsequ5t ye>1 %all be ! doll> am\nt specifi$ 9 ?is clause 7or clause 7i77 = ! previ\s ye> 7)\t application ( subp>agraph 7,c771 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! #ab-mon? p]iod end+ ) ,june ( ! previ\s ye>4 7,c7 ,r\nd+ ,any doll> am\nt det]m9$ "u subp>agraph 7,b7 t is n a multiple ( #aj %all be r\nd$ to ! ne>e/ multiple ( #aj4 7#c7 ,rebate am\nt 7,a7 ,9 g5]al ,= purposes ( p>agraph 7#a71 ! am\nt specifi$ 9 ?is p>agraph = a "p ,b rebatable drug assign$ to a bill+ & paym5t code = a cal5d> qu>t] is1 subject to subp>agraphs 7,b7 & 7,g7 & p>agraph 7#d71 ! e/imat$ am\nt equal to ! product (-- 7i7 ! total numb] ( units det]m9$ "u subp>agraph 7,b7 = ! bill+ & paym5t code ( su* drug2 & 7ii7 ! am\nt 7if any7 by :i*-- 7,i7 ! am\nt equal to-- 7aa7 9 ! case ( a "p ,b rebatable drug describ$ 9 p>agraph 7#a77;,b7 ( subsection 7b71 #ajf p]c5t ( ! am\nt det]m9$ "u p>agraph 7#d7 ( su* section = su* drug dur+ ! cal5d> qu>t]2 or 7bb7 9 ! case ( a "p ,b rebatable drug describ$ 9 p>agraph 7#a77;,c7 ( su* subsection1 ! paym5t am\nt "u su* p>agraph = su* drug dur+ ! cal5d> qu>t]2 exce$s 7,,ii7 ! inflation-adju/$ paym5t am\nt det]m9$ "u subp>agraph 7,c7 = su* "p ,b rebatable drug dur+ ! cal5d> qu>t]4 7,b7 ,total numb] ( units ,= purposes ( subp>agraph 7,a77i71 ! total numb] ( units = ! bill+ & paym5t code ) respect to a "p ,b rebatable drug furni%$ dur+ a cal5d> qu>t] describ$ 9 subp>agraph 7,a7 is equal to-- 7i7 ! numb] ( units = ! bill+ & paym5t code ( su* drug furni%$ dur+ su* cal5d> qu>t]1 m9us 7ii7 ! numb] ( units = su* bill+ & paym5t code ( su* drug furni%$ dur+ su* cal5d> qu>t]-- 7,i7 ) respect to :i* ! manufactur] provides a disc\nt "u ! program "u section #cdj;,b ( ! ,public ,heal? ,s]vice ,act or a rebate "u section #aibg2 or 7,,ii7 t are packag$ into ! paym5t am\nt = an item or s]vice & are n sep>ately payable4 7,c7 ,det]m9ation ( inflation-adju/$ paym5t am\nt ,! inflation-adju/$ paym5t am\nt det]m9$ "u ?is subp>agraph = a "p ,b rebatable drug = a cal5d> qu>t] is-- 7i7 ! paym5t am\nt = ! bill+ & paym5t code = su* drug 9 ! paym5t am\nt b5*m>k qu>t] 7z def9$ 9 subp>agraph 7,d772 increas$ by 7ii7 ! p]c5tage by :i* ! rebate p]iod ,,cpi-,u 7z def9$ 9 subp>agraph 7,f77 = ! cal5d> qu>t] exce$s ! b5*m>k p]iod ,,cpi-,u 7z def9$ 9 subp>agraph 7,e774 7,d7 ,paym5t am\nt b5*m>k qu>t] ,! t]m paym5t am\nt b5*m>k qu>t] means ! cal5d> qu>t] beg9n+ ,july #a1 #bjba4 7,e7 ,b5*m>k p]iod ,,cpi-,u ,! t]m b5*m>k p]iod ,,cpi-,u means ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ,janu>y #bjba4 7,f7 ,rebate p]iod ,,cpi-,u ,! t]m rebate p]iod ,,cpi-,u means1 ) respect to a cal5d> qu>t] describ$ 9 subp>agraph 7,c71 ! great] ( ! b5*m>k p]iod ,,cpi-,u & ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! fir/ mon? ( ! cal5d> qu>t] t is two cal5d> qu>t]s prior to su* describ$ cal5d> qu>t]4 7,g7 ,r$uction or waiv] = %ortages & sev]e supply *a9 disruptions ,! ,secret>y %all r$uce or waive ! am\nt "u subp>agraph 7,a7 ) respect to a "p ,b rebatable drug & a cal5d> qu>t]-- 7i7 9 ! case ( a "p ,b rebatable drug t is describ$ z curr5tly 9 %ortage on ! %ortage li/ 9 effect "u section #ejf;,e ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act at any po9t dur+ ! cal5d> qu>t]2 or 7ii7 9 ! case ( a biosimil> biological product1 :5 ! ,secret>y det]m9es !re is a sev]e supply *a9 disruption dur+ ! cal5d> qu>t]1 su* z t caus$ by a natural disa/] or o!r unique or unexpect$ ev5t4 7#d7 ,special treatm5t ( c]ta9 drugs & exemption 7,a7 ,subsequ5tly approv$ drugs ,9 ! case ( a "p ,b rebatable drug fir/ approv$ or lic5s$ by ! ,food & ,drug ,adm9i/ration aft] ,decemb] #a1 #bjbj1 clause 7i7 ( p>agraph 7#c77;,c7 %all be appli$ z if ! t]m paym5t am\nt b5*m>k qu>t] 7 def9$ "u p>agraph 7#c77;,d7 z ! ?ird full cal5d> qu>t] aft] ! day on :i* ! drug 0 fir/ m>ket$ & clause 7ii7 ( p>agraph 7#c77;,c7 %all be appli$ z if ! t]m b5*m>k p]iod ,,cpi-,u 7 def9$ "u p>agraph 7#c77;,e7 z if ! ref]5ce to ,janu>y #bjba "u su* p>agraph 7 a ref]5ce to ! fir/ mon? ( ! fir/ full cal5d> qu>t] aft] ! day on :i* ! drug 0 fir/ m>ket$4 7,b7 ,timel9e = provision ( rebates = subsequ5tly approv$ drugs ,9 ! case ( a "p ,b rebatable drug fir/ approv$ or lic5s$ by ! ,food & ,drug ,adm9i/ration aft] ,decemb] #a1 #bjbj1 p>agraph 7#a77;,b7 %all be appli$ z if ! ref]5ce to ,janu>y #a1 #bjbc "u su* p>agraph 7 a ref]5ce to ! lat] ( ! #f? full cal5d> qu>t] aft] ! day on :i* ! drug 0 fir/ m>ket$ or ,janu>y #a1 #bjbc4 7,c7 ,select$ drugs ,9 ! case ( a "p ,b rebatable drug t is a select$ drug 7z def9$ 9 section #aaib7;c77 ) respect to a price applicability p]iod 7z def9$ 9 section #aaia7;b77#b771 9 ! case su* drug is no long] consid]$ to be a select$ drug "u section #aaib7;c71 = ea* applicable p]iod 7z def9$ "u subsection 7g77#g77 beg9n+ aft] ! price applicability p]iod ) respect to su* drug1 clause 7i7 ( p>agraph 7#c77;,c7 %all be appli$ z if ! t]m paym5t am\nt b5*m>k qu>t] 7 def9$ "u p>agraph 7#c77;,d7 z ! cal5d> qu>t] beg9n+ ,janu>y #a ( ! la/ ye> dur+ su* price applicability p]iod ) respect to su* select$ drug & clause 7ii7 ( p>agraph 7#c77;,c7 %all be appli$ z if ! t]m b5*m>k p]iod ,,cpi-,u 7 def9$ "u p>agraph 7#c77;,e7 z if ! ref]5ce to ,janu>y #bjba "u su* p>agraph 7 a ref]5ce to ! ,july ( ! ye> prec$+ su* la/ ye>4 7#e7 ,application to b5efici>y co9surance ,9 ! case ( a "p ,b rebatable drug furni%$ on or aft] ,april #a1 #bjbc1 if ! paym5t am\nt describ$ 9 p>agraph 7#c77;,a77ii77,i7 7or1 9 ! case ( a "p ,b rebatable drug t is a select$ drug 7z def9$ 9 section #aaib7;c771 ! paym5t am\nt describ$ 9 subsection 7b77#a77;,b7 = su* drug7 = a cal5d> qu>t] exce$s ! inflation adju/$ paym5t = su* qu>t]-- 7,a7 9 comput+ ! am\nt ( any co9surance applicable "u ?is "p to an individual to :om su* drug is furni%$1 ! computation ( su* co9surance %all be equal to #bj p]c5t ( ! inflation-adju/$ paym5t am\nt det]m9$ "u p>agraph 7#c77;,c7 = su* "p ,b rebatable drug2 & 7,b7 ! am\nt ( su* co9surance = su* cal5d> qu>t]1 z comput$ "u subp>agraph 7,a71 %all be appli$ z a p]c5t1 z det]m9$ by ! ,secret>y1 to ! paym5t am\nt t w\ld o!rwise apply "u subp>agraphs 7,b7 or 7,c7 ( subsection 7b77#a74 7#f7 ,rebate deposits ,am\nts paid z rebates "u p>agraph 7#a77;,b7 %all be deposit$ into ! ,f$]al ,supplem5t>y ,m$ical ,insurance ,tru/ ,fund e/abli%$ "u section #ahda4 7#g7 ,civil money p5alty ,if a manufactur] ( a "p ,b rebatable drug has fail$ to comply ) ! requirem5ts "u p>agraph 7#a77;,b7 = su* drug = a cal5d> qu>t]1 ! manufactur] %all be subject to1 9 accordance ) a process e/abli%$ by ! ,secret>y pursuant to regulations1 a civil money p5alty 9 an am\nt equal to at lea/ #abe p]c5t ( ! am\nt specifi$ 9 p>agraph 7#c7 = su* drug = su* cal5d> qu>t]4 ,! provisions ( section #aabh;,a 7o!r ?an subsections 7a7 7) respect to am\nts ( p5alties or additional assessm5ts7 & 7b77 %all apply to a civil money p5alty "u ?is p>agraph 9 ! same mann] z su* provisions apply to a p5alty or proce$+ "u section #aabh;,a7a74 7#h7 ,limitation on adm9i/rative or judicial review ,!re %all be no adm9i/rative or judicial review ( any ( ! foll[+3 7,a7 ,! det]m9ation ( units "u ?is subsection4 7,b7 ,! det]m9ation ( :e!r a drug is a "p ,b rebatable drug "u ?is subsection4 7,c7 ,! calculation ( ! rebate am\nt "u ?is subsection4 7,d7 ,! computation ( co9surance "u p>agraph 7#e7 ( ?is subsection4 7,e7 ,! computation ( am\nts paid "u section #ahcc7;a77#a77;,,ee74 4 7b7 ,am\nts payable2 co/-,%>+ ,section #ahcc ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciel7 is am5d$-- 7#a7 9 subsection 7a77#a7-- 7,a7 9 subp>agraph 7,g71 by ins]t+ 1 subject to subsection 7i77#i71 aft] ! am\nts paid2 7,b7 9 subp>agraph 7,s71 by /rik+ ) respect to & ins]t+ subject to subp>agraph 7,,ee71 ) respect to2 7,c7 by /rik+ & 7,,dd7 & ins]t+ 7,,dd72 & 7,d7 by ins]t+ be=e ! semicolon at ! end ! foll[+3 1 & 7,,ee7 ) respect to a "p ,b rebatable drug 7z def9$ 9 p>agraph 7#b7 ( section #ahdg;,a7i77 furni%$ on or aft] ,april #a1 #bjbc1 = :i* ! paym5t am\nt = a cal5d> qu>t] "u p>agraph 7#c77;,a77ii77,i7 ( su* section 7or1 9 ! case ( a "p ,b rebatable drug t is a select$ drug 7z def9$ 9 section #aaib7;c7 = :i*1 ! paym5t am\nt describ$ 9 section #ahdg;,a7b77#a77;,b77 = su* drug = su* qu>t] exce$s ! inflation-adju/$ paym5t "u p>agraph 7#c77;,a77ii77,,ii7 ( su* section = su* qu>t]1 ! am\nts paid %all be equal to ! p]c5t ( ! paym5t am\nt "u p>agraph 7#c77;,a77ii77,i7 ( su* section or section #ahdg;,a7b77#a77;,b71 z applicable1 t equals ! diff]5ce betwe5 7i7 #ajj p]c5t1 & 7ii7 ! p]c5t appli$ "u section #ahdg;,a7i77#e77;,b72 7#b7 9 subsection 7i71 by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,9 ! case ( a "p ,b rebatable drug 7z def9$ 9 p>agraph 7#b7 ( section #ahdg;,a7i77 = :i* paym5t "u ?is subsection is n packag$ into a paym5t = a s]vice furni%$ on or aft] ,april #a1 #bjbc1 "u ! revis$ paym5t sy/em "u ?is subsection1 9 lieu ( calculation ( co9surance & ! am\nt ( paym5t o!rwise applicable "u ?is subsection1 ! provisions ( section #ahdg;,a7i77#e7 & p>agraph 7#a77;,,ee7 ( subsection 7a71 %all1 z det]m9$ appropriate by ! ,secret>y1 apply "u ?is subsection 9 ! same mann] z su* provisions ( section #ahdg;,a7i77#e7 & subsection 7a7 apply "u su* section & subsection4 2 & 7#c7 9 subsection 7t77#h71 by add+ at ! end ! foll[+ new subp>agraph3 7,f7 ,"p ,b rebatable drugs ,9 ! case ( a "p ,b rebatable drug 7z def9$ 9 p>agraph 7#b7 ( section #ahdg;,a7i71 except if su* drug does n h a copaym5t am\nt z a result ( application ( subp>agraph 7,e77 = :i* paym5t "u ?is "p is n packag$ into a paym5t = a cov]$ ,,opd s]vice 7or gr\p ( s]vices7 furni%$ on or aft] ,april #a1 #bjbc1 & ! paym5t = su* drug "u ?is subsection is ! same z ! am\nt = a cal5d> qu>t] "u p>agraph 7#c77;,a77ii77,i7 ( section #ahdg;,a7i71 "u ! sy/em "u ?is subsection1 9 lieu ( calculation ( ! copaym5t am\nt & ! am\nt ( paym5t o!rwise applicable "u ?is subsection 7o!r ?an ! application ( ! limitation describ$ 9 subp>agraph 7,c771 ! provisions ( section #ahdg;,a7i77#e7 & p>agraph 7#a77;,,ee7 ( subsection 7a71 %all1 z det]m9$ appropriate by ! ,secret>y1 apply "u ?is subsection 9 ! same mann] z su* provisions ( section #ahdg;,a7i77#e7 & subsection 7a7 apply "u su* section & subsection4 4 7c7 ,con=m+ am5dm5ts 7#a7 ,to "p ,b ,,asp calculation ,section #ahdg;,a7c77#c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7c77#c77 is am5d$ by ins]t+ subsection 7i7 or be=e section #aibg4 7#b7 ,exclud+ "p ,b drug inflation rebate f be/ price ,section #aibg7;c77#a77;,c77ii77,i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;c77#a77;,c77ii77,i77 is am5d$ by ins]t+ or section #ahdg;,a7i7 aft] ?is section4 7#c7 ,coord9ation ) ,m$icaid rebate in=mation disclosure ,section #aibg7;b77#c77;,d77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;b77#c77;,d77i77 is am5d$ by ins]t+ & ! rebate aft] ! paym5t am\nt4 7#d7 ,exclud+ "p ,b drug inflation rebates f av]age manufactur] price ,section #aibg7k77#a77;,b77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7k77#a77;,b77i771 z am5d$ by section #aajja7;b77#c71 is am5d$-- 7,a7 9 subclause 7,v71 by /rik+ & at ! end2 7,b7 9 subclause 7,,vi71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7,c7 by add+ at ! end ! foll[+ new subclause3 7,,vii7 rebates paid by manufactur]s "u section #ahdg;,a7i72 & 4 7d7 ,fund+ ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #hj1jjj1jjj = fiscal ye> #bjbb1 includ+ #ab1ejj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 fiscal ye> #bjbb1 & #g1ejj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 ea* ( fiscal ye>s #bjbc ?r\gh #bjca1 to rema9 available until exp5d$4 #aaajb4 ,m$ic>e "p ,d rebate by manufactur]s 7a7 ,9 g5]al ,"p ,d ( title ,,xviii ( ! ,social ,security ,act is am5d$ by ins]t+ aft] section #ahfj;,d-#ad;,a 7#db ,u4,s4,c4 #aciew-#aad;a7 ! foll[+ new section3 #ahfj;,d-#ad;,b4 ,manufactur] rebate = c]ta9 drugs ) prices increas+ fa/] ?an inflation 7a7 ,requirem5ts 7#a7 ,secret>ial provision ( in=mation ,n lat] ?an #i mon?s aft] ! end ( ea* applicable p]iod 7z def9$ 9 subsection 7g77#g771 subject to p>agraph 7#c71 ! ,secret>y %all1 = ea* "p ,d rebatable drug1 report to ea* manufactur] ( su* "p ,d rebatable drug ! foll[+ = su* p]iod3 7,a7 ,! am\nt 7if any7 ( ! excess annual manufactur] price increase describ$ 9 subsection 7b77#a77;,a77ii7 = ea* dosage =m & /r5g? ) respect to su* drug & p]iod4 7,b7 ,! rebate am\nt specifi$ "u subsection 7b7 = ea* dosage =m & /r5g? ) respect to su* drug & p]iod4 7#b7 ,manufactur] requirem5ts ,= ea* applicable p]iod1 ! manufactur] ( a "p ,d rebatable drug1 = ea* dosage =m & /r5g? ) respect to su* drug1 n lat] ?an #cj days aft] ! date ( receipt f ! ,secret>y ( ! in=mation describ$ 9 p>agraph 7#a7 = su* p]iod1 %all provide to ! ,secret>y a rebate t is equal to ! am\nt specifi$ 9 subsection 7b7 = su* dosage =m & /r5g? ) respect to su* drug = su* p]iod4 7#c7 ,transition rule = report+ ,! ,secret>y may1 = ea* rebatable cov]$ "p ,d drug1 delay ! timeframe = report+ ! in=mation & rebate am\nt describ$ 9 subp>agraphs 7,a7 & 7,b7 ( su* p>agraph = ! applicable p]iods beg9n+ ,octob] #a1 #bjbb1 & ,octob] #a1 #bjbc1 until n lat] ?an ,decemb] #ca1 #bjbe4 7b7 ,rebate am\nt 7#a7 ,9 g5]al 7,a7 ,calculation ,= purposes ( ?is section1 ! am\nt specifi$ 9 ?is subsection = a dosage =m & /r5g? ) respect to a "p ,d rebatable drug & applicable p]iod is1 subject to subp>agraph 7,c71 p>agraph 7#e77;,b71 & p>agraph 7#f71 ! e/imat$ am\nt equal to ! product (-- 7i7 subject to subp>agraph 7,b7 ( ?is p>agraph1 ! total numb] ( units ( su* dosage =m & /r5g? = ea* rebatable cov]$ "p ,d drug disp5s$ "u ?is "p dur+ ! applicable p]iod2 & 7ii7 ! am\nt 7if any7 by :i*-- 7,i7 ! annual manufactur] price 7z det]m9$ 9 p>agraph 7#b77 paid = su* dosage =m & /r5g? ) respect to su* "p ,d rebatable drug = ! p]iod2 exce$s 7,,ii7 ! inflation-adju/$ paym5t am\nt det]m9$ "u p>agraph 7#c7 = su* dosage =m & /r5g? ) respect to su* "p ,d rebatable drug = ! p]iod4 7,b7 ,exclud$ units ,= purposes ( subp>agraph 7,a77i71 beg9n+ ) plan ye> #bjbf1 ! ,secret>y %all exclude f ! total numb] ( units = a dosage =m & /r5g? ) respect to a "p ,d rebatable drug1 ) respect to an applicable p]iod1 units ( ea* dosage =m & /r5g? ( su* "p ,d rebatable drug = :i* ! manufactur] provides a disc\nt "u ! program "u section #cdj;,b ( ! ,public ,heal? ,s]vice ,act4 7,c7 ,r$uction or waiv] = %ortages & sev]e supply *a9 disruptions ,! ,secret>y %all r$uce or waive ! am\nt "u subp>agraph 7,a7 ) respect to a "p ,d rebatable drug & an applicable p]iod-- 7i7 9 ! case ( a "p ,d rebatable drug t is describ$ z curr5tly 9 %ortage on ! %ortage li/ 9 effect "u section #ejf;,e ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act at any po9t dur+ ! applicable p]iod2 7ii7 9 ! case ( a g5]ic "p ,d rebatable drug 7describ$ 9 subsection 7g77#a77;,c77ii77 or a biosimil> 7def9$ z a biological product lic5s$ "u section #cea7k7 ( ! ,public ,heal? ,s]vice ,act71 :5 ! ,secret>y det]m9es !re is a sev]e supply *a9 disruption dur+ ! applicable p]iod1 su* z t caus$ by a natural disa/] or o!r unique or unexpect$ ev5t2 & 7iii7 9 ! case ( a g5]ic ,"p ,d rebatable drug 7z s describ$71 if ! ,secret>y det]m9es t )\t su* r$uction or waiv]1 ! drug is likely to be describ$ z 9 %ortage on su* %ortage li/ dur+ a subsequ5t applicable p]iod4 7#b7 ,det]m9ation ( annual manufactur] price ,! annual manufactur] price det]m9$ "u ?is p>agraph = a dosage =m & /r5g?1 ) respect to a "p ,d rebatable drug & an applicable p]iod1 is ! sum ( ! products (-- 7,a7 ! av]age manufactur] price 7z def9$ 9 subsection 7g77#f77 ( su* dosage =m & /r5g?1 z calculat$ = a unit ( su* drug1 ) respect to ea* ( ! cal5d> qu>t]s ( su* p]iod2 & 7,b7 ! ratio (-- 7i7 ! total numb] ( units ( su* dosage =m & /r5g? report$ "u section #aibg ) respect to ea* su* cal5d> qu>t] ( su* p]iod2 to 7ii7 ! total numb] ( units ( su* dosage =m & /r5g? report$ "u section #aibg ) respect to su* p]iod1 z det]m9$ by ! ,secret>y4 7#c7 ,det]m9ation ( inflation-adju/$ paym5t am\nt ,! inflation-adju/$ paym5t am\nt det]m9$ "u ?is p>agraph = a dosage =m & /r5g? ) respect to a "p ,d rebatable drug = an applicable p]iod1 subject to p>agraph 7#e71 is-- 7,a7 ! b5*m>k p]iod manufactur] price det]m9$ "u p>agraph 7#d7 = su* dosage =m & /r5g? ) respect to su* drug & p]iod2 increas$ by 7,b7 ! p]c5tage by :i* ! applicable p]iod ,,cpi-,u 7z def9$ 9 subsection 7g77#e77 = ! p]iod exce$s ! b5*m>k p]iod ,,cpi-,u 7z def9$ 9 subsection 7g77#d774 7#d7 ,det]m9ation ( b5*m>k p]iod manufactur] price ,! b5*m>k p]iod manufactur] price det]m9$ "u ?is p>agraph = a dosage =m & /r5g?1 ) respect to a "p ,d rebatable drug & an applicable p]iod1 is ! sum ( ! products (-- 7,a7 ! av]age manufactur] price 7z def9$ 9 subsection 7g77#f77 ( su* dosage =m & /r5g?1 z calculat$ = a unit ( su* drug1 ) respect to ea* ( ! cal5d> qu>t]s ( ! paym5t am\nt b5*m>k p]iod 7z def9$ 9 subsection 7g77#c772 & 7,b7 ! ratio (-- 7i7 ! total numb] ( units report$ "u section #aibg ( su* dosage =m & /r5g? ) respect to ea* su* cal5d> qu>t] ( su* paym5t am\nt b5*m>k p]iod2 to 7ii7 ! total numb] ( units report$ "u section #aibg ( su* dosage =m & /r5g? ) respect to su* paym5t am\nt b5*m>k p]iod4 7#e7 ,special treatm5t ( c]ta9 drugs & exemption 7,a7 ,subsequ5tly approv$ drugs ,9 ! case ( a "p ,d rebatable drug fir/ approv$ or lic5s$ by ! ,food & ,drug ,adm9i/ration aft] ,octob] #a1 #bjba1 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#d7 %all be appli$ z if ! t]m paym5t am\nt b5*m>k p]iod 7 def9$ "u subsection 7g77#c7 z ! fir/ cal5d> ye> beg9n+ aft] ! day on :i* ! drug 0 fir/ m>ket$ & subp>agraph 7,b7 ( p>agraph 7#c7 %all be appli$ z if ! t]m b5*m>k p]iod ,,cpi-,u 7 def9$ "u subsection 7g77#d7 z if ! ref]5ce to ,janu>y #bjba "u su* subsection 7 a ref]5ce to ,janu>y ( ! fir/ ye> beg9n+ aft] ! date on :i* ! drug 0 fir/ m>ket$4 7,b7 ,treatm5t ( new =mulations 7i7 ,9 g5]al ,9 ! case ( a "p ,d rebatable drug t is a l9e ext5sion ( a "p ,d rebatable drug t is an oral solid dosage =m1 ! ,secret>y %all e/abli% a =mula = det]m9+ ! rebate am\nt "u p>agraph 7#a7 & ! inflation adju/$ paym5t am\nt "u p>agraph 7#c7 ) respect to su* "p ,d rebatable drug & an applicable p]iod1 consi/5t ) ! =mula appli$ "u subsection 7c77#b77;,c7 ( section #aibg = det]m9+ a rebate obligation = a rebate p]iod "u su* section4 7ii7 ,l9e ext5sion def9$ ,9 ?is subp>agraph1 ! t]m l9e ext5sion means1 ) respect to a "p ,d rebatable drug1 a new =mulation ( ! drug1 su* z an ext5d$ release =mulation1 b does n include an abuse-det]r5t =mulation ( ! drug 7z det]m9$ by ! ,secret>y71 reg>dless ( :e!r su* abuse-det]r5t =mulation is an ext5d$ release =mulation4 7,c7 ,select$ drugs ,9 ! case ( a "p ,d rebatable drug t is a select$ drug 7z def9$ 9 section #aaib7;c77 ) respect to a price applicability p]iod 7z def9$ 9 section #aaia7;b77#b771 9 ! case su* drug is no long] consid]$ to be a select$ drug "u section #aaib7;c71 = ea* applicable p]iod 7z def9$ "u subsection 7g77#g77 beg9n+ aft] ! price applicability p]iod ) respect to su* drug1 subp>agraphs 7,a7 & 7,b7 ( p>agraph 7#d7 %all be appli$ z if ! t]m paym5t am\nt b5*m>k p]iod 7 def9$ "u subsection 7g77#c7 z ! la/ ye> beg9n+ dur+ su* price applicability p]iod ) respect to su* select$ drug & subp>agraph 7,b7 ( p>agraph 7#c7 %all be appli$ z if ! t]m b5*m>k p]iod ,,cpi-,u 7 def9$ "u subsection 7g77#d7 z if ! ref]5ce to ,janu>y #bjba "u su* subsection 7 a ref]5ce to ,janu>y ( ! la/ ye> beg9n+ dur+ su* price applicability p]iod ) respect to su* drug4 7#f7 ,reconciliation 9 case ( revis$ in=mation ,! ,secret>y %all provide = a me?od & process "u :i*1 9 ! case :]e a ,,pdp sponsor ( a prescription drug plan or an ,,ma organization (f]+ an ,,ma-,,pd plan submits revisions to ! numb] ( units ( a rebatable cov]$ "p ,d drug disp5s$1 ! ,secret>y det]m9es1 pursuant to su* revisions1 adju/m5ts1 if any1 to ! calculation ( ! am\nt specifi$ 9 ?is subsection = a dosage =m & /r5g? ) respect to su* "p ,d rebatable drug & an applicable p]iod & reconciles any ov]paym5ts or und]paym5ts 9 am\nts paid z rebates "u ?is subsection4 ,any id5tifi$ und]paym5t %all be rectifi$ by ! manufactur] n lat] ?an #cj days aft] ! date ( receipt f ! ,secret>y ( in=mation on su* und]paym5t4 7c7 ,rebate deposits ,am\nts paid z rebates "u subsection 7b7 %all be deposit$ into ! ,m$ic>e ,prescription ,drug ,acc\nt 9 ! ,f$]al ,supplem5t>y ,m$ical ,insurance ,tru/ ,fund e/abli%$ "u section #ahda4 7d7 ,in=mation ,= purposes ( c>ry+ out ?is section1 ! ,secret>y %all use in=mation submitt$ by-- 7#a7 manufactur]s "u section #aibg7;b77#c72 7#b7 ,/ates "u section #aibg7;b77#b77;,a72 & 7#c7 ,,pdp sponsors ( prescription drug plans & ,,ma organization (f]+ ,,ma-,,pd plans "u ?is "p4 7e7 ,civil money p5alty ,if a manufactur] ( a "p ,d rebatable drug has fail$ to comply ) ! requirem5t "u subsection 7a77#b7 ) respect to su* drug = an applicable p]iod1 ! manufactur] %all be subject to a civil money p5alty 9 an am\nt equal to #abe p]c5t ( ! am\nt specifi$ 9 subsection 7b7 = su* drug = su* p]iod4 ,! provisions ( section #aabh;,a 7o!r ?an subsections 7a7 7) respect to am\nts ( p5alties or additional assessm5ts7 & 7b77 %all apply to a civil money p5alty "u ?is subsection 9 ! same mann] z su* provisions apply to a p5alty or proce$+ "u section #aabh;,a7a74 7f7 ,limitation on adm9i/rative or judicial review ,!re %all be no adm9i/rative or judicial review ( any ( ! foll[+3 7#a7 ,! det]m9ation ( units "u ?is section4 7#b7 ,! det]m9ation ( :e!r a drug is a "p ,d rebatable drug "u ?is section4 7#c7 ,! calculation ( ! rebate am\nt "u ?is section4 7g7 ,def9itions ,9 ?is section3 7#a7 ,"p d rebatable drug 7,a7 ,9 g5]al ,except z provid$ 9 subp>agraph 7,b71 ! t]m "p ,d rebatable drug means1 ) respect to an applicable p]iod1 a drug or biological describ$ 9 subp>agraph 7,c7 t is a cov]$ "p ,d drug 7z su* t]m is def9$ "u section #ahfj;,d-#b7;e774 7,b7 ,exclusion 7i7 ,9 g5]al ,su* t]m %all1 ) respect to an applicable p]iod1 n include a drug or biological if ! av]age annual total co/ "u ?is "p = su* p]iod p] individual :o uses su* a drug or biological1 z det]m9$ by ! ,secret>y1 is less ?an1 subject to clause 7ii71 #ajj1 z det]m9$ by ! ,secret>y us+ ! mo/ rec5t data available or1 if data is n available1 z e/imat$ by ! ,secret>y4 7ii7 ,increase ,! doll> am\nt appli$ "u clause 7i7-- 7,i7 = ! applicable p]iod beg9n+ ,octob] #a1 #bjbc1 %all be ! doll> am\nt specifi$ "u su* clause = ! applicable p]iod beg9n+ ,octob] #a1 #bjbb1 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! #ab-mon? p]iod beg9n+ ) ,octob] ( #bjbc2 & 7,,ii7 = a subsequ5t applicable p]iod1 %all be ! doll> am\nt specifi$ 9 ?is clause = ! previ\s applicable p]iod1 increas$ by ! p]c5tage increase 9 ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! #ab-mon? p]iod beg9n+ ) ,octob] ( ! previ\s p]iod4 ,any doll> am\nt specifi$ "u ?is clause t is n a multiple ( #aj %all be r\nd$ to ! ne>e/ multiple ( #aj4 7,c7 ,drug or biological describ$ ,a drug or biological describ$ 9 ?is subp>agraph is a drug or biological t1 z ( ! fir/ day ( ! applicable p]iod involv$1 is-- 7i7 a drug approv$ "u a new drug application "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act2 7ii7 a drug approv$ "u an abbreviat$ new drug application "u section #eje7;j7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act1 9 ! case :]e-- 7,i7 ! ref]5ce li/$ drug approv$ "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act1 includ+ any au?oriz$ g5]ic drug 7z t t]m is def9$ 9 section #eje7t77#c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act71 is n be+ m>ket$1 z id5tifi$ 9 ! ,food & ,drug ,adm9i/ration's ,national ,drug ,code ,directory2 7,,ii7 !re is no o!r drug approv$ "u section #eje7;j7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act t is rat$ z !rapeutically equival5t 7"u ! ,food & ,drug ,adm9i/ration's mo/ rec5t publication ( ,approv$ ,drug ,products ) ,!rapeutic ,equival5ce ,evaluations7 & t is be+ m>ket$1 z id5tifi$ 9 ! ,food & ,drug ,adm9i/ration's ,national ,drug ,code ,directory2 7,,iii7 ! manufactur] is n a fir/ applicant dur+ ! #ahj-;day exclusivity p]iod1 z ^? t]ms are def9$ 9 section #eje7;j77#e77;,b77iv7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act2 & 7,,iv7 ! manufactur] is n a fir/ approv$ applicant = a competitive g5]ic !rapy1 z t t]m is def9$ 9 section #eje7;j77#e77;,b77v7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act2 or 7iii7 a biological lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act4 7#b7 ,unit ,! t]m unit means1 ) respect to a "p ,d rebatable drug1 ! l[e/ disp5sable am\nt 7su* z a capsule or tablet1 milligram ( molecules1 or grams7 ( ! "p ,d rebatable drug1 z report$ "u section #aibg4 7#c7 ,paym5t am\nt b5*m>k p]iod ,! t]m paym5t am\nt b5*m>k p]iod means ! p]iod beg9n+ ,janu>y #a1 #bjba1 & end+ 9 ! mon? imm$iately prior to ,octob] #a1 #bjba4 7#d7 ,b5*m>k p]iod ,,cpi-,u ,! t]m b5*m>k p]iod ,,cpi-,u means ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ,janu>y #bjba4 7#e7 ,applicable p]iod ,,cpi-,u ,! t]m applicable p]iod ,,cpi-,u means1 ) respect to an applicable p]iod1 ! consum] price index = all urban consum]s 7,unit$ ,/ates city av]age7 = ! fir/ mon? ( su* applicable p]iod4 7#f7 ,av]age manufactur] price ,! t]m av]age manufactur] price has ! mean+1 ) respect to a "p ,d rebatable drug ( a manufactur]1 giv5 su* t]m 9 section #aibg7k77#a71 ) respect to a cov]$ outpati5t drug ( a manufactur] = a rebate p]iod "u section #aibg4 7#g7 ,applicable p]iod ,! t]m applicable p]iod means a #ab-mon? p]iod beg9n+ ) ,octob] #a ( a ye> 7beg9n+ ) ,octob] #a1 #bjbb74 7h7 ,implem5tation = #bjbb1 #bjbc1 & #bjbd ,! ,secret>y %all implem5t ?is section = #bjbb1 #bjbc1 & #bjbd by program in/ruction or o!r =ms ( program guidance4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,to "p ,b ,,asp calculation ,section #ahdg;,a7c77#c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7c77#c771 z am5d$ by section #aaaja7;c77#a71 is am5d$ by /rik+ subsection 7i7 or section #aibg & ins]t+ subsection 7i71 section #aibg1 or section #ahfj;,d-#ad;,b4 7#b7 ,exclud+ "p ,d drug inflation rebate f be/ price ,section #aibg7;c77#a77;,c77ii77,i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;c77#a77;,c77ii77,i771 z am5d$ by section #aaaja7;c77#b71 is am5d$ by /rik+ or section #ahdg;,a7i7 & ins]t+ 1 section #ahdg;,a7i71 or section #ahfj;,d-#ad;,b4 7#c7 ,coord9ation ) ,m$icaid rebate in=mation disclosure ,section #aibg7;b77#c77;,d77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7;b77#c77;,d77i771 z am5d$ by sections #aajjb7;b7 & #aaaja7;c77#c71 is am5d$ by /rik+ or section #aaib7;f71 includ+ rebates "u p>agraph 7#d7 ( su* section & ins]t+ 1 section #aaib7;f71 includ+ rebates "u p>agraph 7#d7 ( su* section1 or section #ahfj;,d-#ad;,b4 7#d7 ,exclud+ "p ,d drug inflation rebates f av]age manufactur] price ,section #aibg7k77#a77;,b77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7k77#a77;,b77i771 z am5d$ by section #aajja7;b77#c7 & section #aaaja7;c77#d71 is am5d$ by add+ at ! end ! foll[+ new subclause3 7,a7 9 subclause 7,,vi71 by /rik+ & at ! end2 7,b7 9 subclause 7,,vii71 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7,c7 by add+ at ! end ! foll[+ new subclause3 7,,viii7 rebates paid by manufactur]s "u section #ahfj;,d-#ad;,b4 4 7c7 ,fund+ ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #hj1jjj1jjj = fiscal ye> #bjbb1 includ+ #ab1ejj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 fiscal ye> #bjbb1 & #g1ejj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 ea* ( fiscal ye>s #bjbc ?r\gh #bjca1 to rema9 available until exp5d$4 #c ,"p ,d ,improvem5ts & ,maximum ,out-(-,pocket ,cap = ,m$ic>e ,b5efici>ies #aabja4 ,m$ic>e "p ,d b5efit r$esign 7a7 ,b5efit /ructure r$esign ,section #ahfj;,d-#b7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;b77 is am5d$-- 7#a7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,a71 9 ! matt] prec$+ clause 7i71 by ins]t+ = a ye> prec$+ #bjbe & = co/s above ! annual d$uctible specifi$ 9 p>agraph 7#a7 & up to ! annual out-(-pocket ?re%old specifi$ 9 p>agraph 7#d77;,b7 = #bjbe & ea* subsequ5t ye> aft] p>agraph 7#c72 7,b7 9 subp>agraph 7,c7-- 7i7 9 clause 7i71 9 ! matt] prec$+ subclause 7,i71 by ins]t+ = a ye> prec$+ #bjbe1 aft] p>agraph 7#d712 & 7ii7 9 clause 7ii77,,iii71 by /rik+ & ea* subsequ5t ye> & ins]t+ ?r\gh #bjbd2 & 7,c7 9 subp>agraph 7,d7-- 7i7 9 clause 7i7-- 7,i7 9 ! matt] prec$+ subclause 7,i71 by ins]t+ = a ye> prec$+ #bjbe1 aft] p>agraph 7#d712 & 7,,ii7 9 subclause 7,i77bb71 by /rik+ a ye> aft] #bjah & ins]t+ ea* ( ye>s #bjai ?r\gh #bjbd2 & 7ii7 9 clause 7ii77,v71 by /rik+ #bjai & ea* subsequ5t ye> & ins]t+ ea* ( ye>s #bjai ?r\gh #bjbd2 7#b7 9 p>agraph 7#c77;,a7-- 7,a7 9 ! matt] prec$+ clause 7i71 by ins]t+ = a ye> prec$+ #bjbe1 aft] & 7#d712 & 7,b7 9 clause 7ii71 by /rik+ = a subsequ5t ye> & ins]t+ = ea* ( ye>s #bjjg ?r\gh #bjbd2 & 7#c7 9 p>agraph 7#d7-- 7,a7 9 subp>agraph 7,a7-- 7i7 9 clause 7i7-- 7,i7 by r$esignat+ subclauses 7,i7 & 7,,ii7 z items 7aa7 & 7bb71 respectively1 & mov+ ! m>g9 ( ea* su* r$esignat$ item #b ems to ! "r2 7,,ii7 9 ! matt] prec$+ item 7aa71 z r$esignat$ by subclause 7,i71 by /rik+ is equal to ! great] (-- & ins]t+ 8is equal to-- 7,i7 = a ye> prec$+ #bjbd1 ! great] (-- 2 7,,iii7 by /rik+ ! p]iod at ! end ( item 7bb71 z r$esignat$ by subclause 7,i71 & ins]t+ 2 &2 & 7,,iv7 by add+ at ! end ! foll[+3 7,,ii7 = #bjbd & ea* succe$+ ye>1 #j4 2 & 7ii7 9 clause 7ii7-- 7,i7 by /rik+ clause 7i77,i7 & ins]t+ clause 7i77,i77aa72 & 7,,ii7 by add+ at ! end ! foll[+ new s5t5ce3 ,! ,secret>y %all cont9ue to calculate ! doll> am\nts specifi$ 9 clause 7i77,i77aa71 includ+ ) ! adju/m5t "u ?is clause1 aft] #bjbc = purposes ( section #ahfj;,d-#ad7;a77#a77;,d77iii742 7,b7 9 subp>agraph 7,b7-- 7i7 9 clause 7i7-- 7,i7 9 subclause 7,v71 by /rik+ or at ! end2 7,,ii7 9 subclause 7,,vi7-- 7aa7 by /rik+ = a subsequ5t ye> & ins]t+ = ea* ( ye>s #bjba ?r\gh #bjbd2 & 7bb7 by /rik+ ! p]iod at ! end & ins]t+ a semicolon2 & 7,,iii7 by add+ at ! end ! foll[+ new subclauses3 7,,vii7 = #bjbe1 is equal to #b1jjj2 or 7,,viii7 = a subsequ5t ye>1 is equal to ! am\nt specifi$ 9 ?is subp>agraph = ! previ\s ye>1 increas$ by ! annual p]c5tage increase describ$ 9 p>agraph 7#f7 = ! ye> involv$4 2 & 7ii7 9 clause 7ii71 by /rik+ clause 7i77,,ii7 & ins]t+ clause 7i72 7,c7 9 subp>agraph 7,c7-- 7i7 9 clause 7i71 by /rik+ & = am\nts & ins]t+ &1 = a ye> prec$+ #bjbe1 = am\nts2 & 7ii7 9 clause 7iii7-- 7,i7 by r$esignat+ subclauses 7,i7 ?r\gh 7,,iv7 z items 7aa7 ?r\gh 7dd7 & ind5t+ appropriately2 7,,ii7 by /rik+ if su* co/s are borne or paid & ins]t+ 8if su* co/s-- 7,i7 are borne or paid-- 2 & 7,,iii7 9 item 7dd71 by /rik+ ! p]iod at ! end & ins]t+ 2 or2 & 7,,iv7 by add+ at ! end ! foll[+ new subclause3 7,,ii7 = #bjbe & subsequ5t ye>s1 are reimburs$ ?r\gh insurance1 a gr\p heal? plan1 or c]ta9 o!r ?ird p>ty paym5t arrangem5ts1 b n includ+ ! cov]age provid$ by a prescription drug plan or an ,,ma-,,pd plan t is basic prescription drug cov]age 7z def9$ 9 subsection 7a77#c77 or any paym5ts by a manufactur] "u ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c4 2 & 7,d7 9 subp>agraph 7,e71 by /rik+ ,9 apply+ & ins]t+ ,= ea* ( ye>s #bjaa ?r\gh #bjbd1 9 apply+4 7b7 ,re9surance paym5t am\nt ,section #ahfj;,d-#ae7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aae7;b77 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 by /rik+ equal to #hj p]c5t & ins]t+ 8equal to-- 7,a7 = a ye> prec$+ #bjbe1 #hj p]c5t 2 7,b7 9 subp>agraph 7,a71 z add$ by subp>agraph 7,a71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 = #bjbe & ea* subsequ5t ye>1 ! sum (-- 7i7 ) respect to applicable drugs 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#b771 an am\nt equal to #bj p]c5t ( su* all[able re9surance co/s attributable to t portion ( gross cov]$ prescription drug co/s z specifi$ 9 p>agraph 7#c7 incurr$ 9 ! cov]age ye> aft] su* individual has incurr$ co/s t exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b72 & 7ii7 ) respect to cov]$ "p ,d drugs t are n applicable drugs 7z s def9$71 an am\nt equal to #dj p]c5t ( su* all[able re9surance co/s attributable to t portion ( gross cov]$ prescription drug co/s z specifi$ 9 p>agraph 7#c7 incurr$ 9 ! cov]age ye> aft] su* individual has incurr$ co/s t exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b74 2 7#b7 9 p>agraph 7#b7-- 7,a7 by /rik+ ,,co/s4--,= purposes & ins]t+ ,co/s4-- 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 = purposes 2 & 7,b7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 ,inclusion ( manufactur] disc\nts on applicable drugs ,= purposes ( apply+ subp>agraph 7,a71 ! t]m #8all[able re9surance co/s' %all include ! portion ( ! negotiat$ price 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#f77 ( an applicable drug 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#b77 t 0 paid by a manufactur] "u ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c4 2 & 7#c7 9 p>agraph 7#c7-- 7,a7 9 ! fir/ s5t5ce1 by /rik+ ,= purposes & ins]t+ ,subject to p>agraph 7#b77;,b71 = purposes2 & 7,b7 9 ! second s5t5ce1 by ins]t+ 7or1 ) respect to #bjbe & subsequ5t ye>s1 9 ! case ( an applicable drug1 z def9$ 9 section #ahfj;,d-#ad;,c7g77#b71 by a manufactur]7 aft] by ! individual or "u ! plan4 7c7 ,manufactur] disc\nt program 7#a7 ,9 g5]al ,"p ,d ( title ,,xviii ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aja ?r\gh #db ,u4,s4,c4 #aciew-#aec71 z am5d$ by section #aaajb1 is am5d$ by ins]t+ aft] section #ahfj;,d-#ad;,b ! foll[+ new sections3 #ahfj;,d-#ad;,c4 ,manufactur] disc\nt program 7a7 ,e/abli%m5t ,! ,secret>y %all e/abli% a manufactur] disc\nt program 79 ?is section ref]r$ to z ! program74 ,"u ! program1 ! ,secret>y %all ent] into agreem5ts describ$ 9 subsection 7b7 ) manufactur]s & provide = ! p]=mance ( ! duties describ$ 9 subsection 7c74 7b7 ,t]ms ( agreem5t 7#a7 ,9 g5]al 7,a7 ,agreem5t ,an agreem5t "u ?is section %all require ! manufactur] to provide1 9 accordance ) ?is section1 disc\nt$ prices = applicable drugs ( ! manufactur] t are disp5s$ to applicable b5efici>ies on or aft] ,janu>y #a1 #bjbe4 7,b7 ,cl>ification ,no?+ 9 ?is section %all be con/ru$ z affect+-- 7i7 ! application ( a co9surance ( #be p]c5t ( ! negotiat$ price1 z appli$ "u p>agraph 7#b77;,a7 ( section #ahfj;,d-#b7;b71 = co/s describ$ 9 su* p>agraph2 or 7ii7 ! application ( ! copaym5t am\nt describ$ 9 p>agraph 7#d77;,a7 ( su* section1 ) respect to co/s describ$ 9 su* p>agraph4 7,c7 ,tim+ ( agreem5t 7i7 ,special rule = #bjbe ,9 ord] = an agreem5t ) a manufactur] to be 9 effect "u ?is section ) respect to ! p]iod beg9n+ on ,janu>y #a1 #bjbe1 & end+ on ,decemb] #ca1 #bjbe1 ! manufactur] %all ent] into su* agreem5t n lat] ?an ,m>* #a1 #bjbd4 7ii7 #bjbf & subsequ5t ye>s ,9 ord] = an agreem5t ) a manufactur] to be 9 effect "u ?is section ) respect to plan ye> #bjbf or a subsequ5t plan ye>1 ! manufactur] %all ent] into su* agreem5t n lat] ?an a cal5d> qu>t] or semi-annual deadl9e e/abli%$ by ! ,secret>y4 7#b7 ,provision ( appropriate data ,ea* manufactur] ) an agreem5t 9 effect "u ?is section %all collect & h available appropriate data1 z det]m9$ by ! ,secret>y1 to ensure t x c demon/rate to ! ,secret>y compliance ) ! requirem5ts "u ! program4 7#c7 ,compliance ) requirem5ts = adm9i/ration ( program ,ea* manufactur] ) an agreem5t 9 effect "u ?is section %all comply ) requirem5ts impos$ by ! ,secret>y1 z applicable1 = purposes ( adm9i/]+ ! program1 includ+ any det]m9ation "u subp>agraph 7,a7 ( subsection 7c77#a7 or proc$ures e/abli%$ "u su* subsection 7c77#a74 7#d7 ,l5g? ( agreem5t 7,a7 ,9 g5]al ,an agreem5t "u ?is section %all be effective = an initial p]iod ( n less ?an #ab mon?s & %all be automatically r5ew$ = a p]iod ( n less ?an #a ye> unless t]m9at$ "u subp>agraph 7,b74 7,b7 ,t]m9ation 7i7 ,by ! ,secret>y ,! ,secret>y %all provide = t]m9ation ( an agreem5t "u ?is section = a kn[+ & willful violation ( ! requirem5ts ( ! agreem5t or o!r good cause %[n4 ,su* t]m9ation %all n be effective e>li] ?an #cj days aft] ! date ( notice to ! manufactur] ( su* t]m9ation4 ,! ,secret>y %all provide1 ^u reque/1 a manufactur] ) a he>+ conc]n+ su* a t]m9ation1 & su* he>+ %all take place prior to ! effective date ( ! t]m9ation ) suffici5t "t = su* effective date to be repeal$ if ! ,secret>y det]m9es appropriate4 7ii7 ,by a manufactur] ,a manufactur] may t]m9ate an agreem5t "u ?is section = any reason4 ,any su* t]m9ation %all be effective1 ) respect to a plan ye>-- 7,i7 if ! t]m9ation occurs be=e ,janu>y #ca ( a plan ye>1 z ( ! day aft] ! end ( ! plan ye>2 & 7,,ii7 if ! t]m9ation occurs on or aft] ,janu>y #ca ( a plan ye>1 z ( ! day aft] ! end ( ! succe$+ plan ye>4 7iii7 ,effectiv5ess ( t]m9ation ,any t]m9ation "u ?is subp>agraph %all n affect disc\nts = applicable drugs ( ! manufactur] t are due "u ! agreem5t be=e ! effective date ( its t]m9ation4 7#e7 ,effective date ( agreem5t ,an agreem5t "u ?is section %all take effect at ! />t ( a cal5d> qu>t] or ano!r date specifi$ by ! ,secret>y4 7c7 ,duties describ$ ,! duties describ$ 9 ?is subsection are ! foll[+3 7#a7 ,adm9i/ration ( program ,adm9i/]+ ! program1 includ+-- 7,a7 ! det]m9ation ( ! am\nt ( ! disc\nt$ price ( an applicable drug ( a manufactur]2 7,b7 ! e/abli%m5t ( proc$ures to ensure t1 n lat] ?an ! applicable numb] ( cal5d> days aft] ! disp5s+ ( an applicable drug by a ph>macy or mail ord] s]vice1 ! ph>macy or mail ord] s]vice is reimburs$ = an am\nt equal to ! diff]5ce betwe5-- 7i7 ! negotiat$ price ( ! applicable drug2 & 7ii7 ! disc\nt$ price ( ! applicable drug2 7,c7 ! e/abli%m5t ( proc$ures to ensure t ! disc\nt$ price = an applicable drug "u ?is section is appli$ be=e any cov]age or f9ancial assi/ance "u o!r heal? b5efit plans or programs t provide cov]age or f9ancial assi/ance = ! pur*ase or provision ( prescription drug cov]age on behalf ( applicable b5efici>ies z specifi$ by ! ,secret>y2 & 7,d7 provid+ a reasonable dispute resolution me*anism to resolve disagreem5ts betwe5 manufactur]s1 prescription drug plans & ,,ma-,,pd plans1 & ! ,secret>y4 7#b7 ,monitor+ compliance ,! ,secret>y %all monitor compliance by a manufactur] ) ! t]ms ( an agreem5t "u ?is section4 7#c7 ,collection ( data f prescription drug plans & ,,ma-,,pd plans ,! ,secret>y may collect appropriate data f prescription drug plans & ,,ma-,,pd plans 9 a timeframe t all[s = disc\nt$ prices to be provid$ = applicable drugs "u ?is section4 7d7 ,adm9i/ration 7#a7 ,9 g5]al ,subject to p>agraph 7#b71 ! ,secret>y %all provide = ! implem5tation ( ?is section1 includ+ ! p]=mance ( ! duties describ$ 9 subsection 7c74 7#b7 ,limitation ,9 provid+ = ! implem5tation ( ?is section1 ! ,secret>y %all n receive or di/ribute any funds ( a manufactur] "u ! program4 7e7 ,civil money p5alty 7#a7 ,9 g5]al ,a manufactur] t fails to provide disc\nt$ prices = applicable drugs ( ! manufactur] disp5s$ to applicable b5efici>ies 9 accordance ) an agreem5t 9 effect "u ?is section %all be subject to a civil money p5alty = ea* su* failure 9 an am\nt ! ,secret>y det]m9es is equal to ! sum (-- 7,a7 ! am\nt t ! manufactur] w\ld h paid ) respect to su* disc\nts "u ! agreem5t1 :i* w !n be us$ to pay ! disc\nts :i* ! manufactur] _h fail$ to provide2 & 7,b7 #be p]c5t ( su* am\nt4 7#b7 ,application ,! provisions ( section #aabh;,a 7o!r ?an subsections 7a7 & 7b77 %all apply to a civil money p5alty "u ?is subsection 9 ! same mann] z su* provisions apply to a p5alty or proce$+ "u section #aabh;,a7a74 7f7 ,cl>ification reg>d+ availability ( o!r cov]$ "p ,d drugs ,no?+ 9 ?is section %all prev5t an applicable b5efici>y f pur*as+ a cov]$ "p ,d drug t is n an applicable drug 7includ+ a g5]ic drug or a drug t is n on ! =mul>y ( ! prescription drug plan or ,,ma-,,pd plan t ! applicable b5efici>y is enroll$ 974 7g7 ,def9itions ,9 ?is section3 7#a7 ,applicable b5efici>y ,! t]m applicable b5efici>y means an individual :o1 on ! date ( disp5s+ a cov]$ "p ,d drug-- 7,a7 is enroll$ 9 a prescription drug plan or an ,,ma-,,pd plan2 7,b7 is n enroll$ 9 a qualifi$ retiree prescription drug plan2 & 7,c7 has incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t exce$ ! annual d$uctible specifi$ 9 section #ahfj;,d-#b7;b77#a74 7#b7 ,applicable drug ,! t]m applicable drug1 ) respect to an applicable b5efici>y-- 7,a7 means a cov]$ "p ,d drug-- 7i7 approv$ "u a new drug application "u section #eje7;c7 ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act or1 9 ! case ( a biologic product1 lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act2 & 7ii7 7,i7 if ! ,,pdp sponsor ( ! prescription drug plan or ! ,,ma organization (f]+ ! ,,ma-,,pd plan uses a =mul>y1 :i* is on ! =mul>y ( ! prescription drug plan or ,,ma-,,pd plan t ! applicable b5efici>y is enroll$ 92 7,,ii7 if ! ,,pdp sponsor ( ! prescription drug plan or ! ,,ma organization (f]+ ! ,,ma-,,pd plan does n use a =mul>y1 = :i* b5efits are available "u ! prescription drug plan or ,,ma-,,pd plan t ! applicable b5efici>y is enroll$ 92 or 7,,iii7 is provid$ ?r\gh an exception or appeal2 & 7,b7 does n include a select$ drug 7z ref]r$ to "u section #aaib7;c77 dur+ a price applicability p]iod 7z def9$ 9 section #aaia7;b77#b77 ) respect to su* drug4 7#c7 ,applicable numb] ( cal5d> days ,! t]m applicable numb] ( cal5d> days means-- 7,a7 ) respect to claims = reimbursem5t submitt$ electronically1 #ad days2 & 7,b7 ) respect to claims = reimbursem5t submitt$ o!rwise1 #cj days4 7#d7 ,disc\nt$ price 7,a7 ,9 g5]al ,! t]m disc\nt$ price means1 subject to subp>agraphs 7,b7 & 7,c71 ) respect to an applicable drug ( a manufactur] disp5s$ dur+ a ye> to an applicable b5efici>y-- 7i7 :o has n incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>1 #ij p]c5t ( ! negotiat$ price ( su* drug2 & 7ii7 :o has incurr$ su* co/s1 z s det]m9$1 9 ! ye> t are equal to or exce$ su* ?re%old = ! ye>1 #hj p]c5t ( ! negotiat$ price ( su* drug4 7,b7 ,phase-9 = c]ta9 drugs disp5s$ to ,,lis b5efici>ies 7i7 ,9 g5]al ,9 ! case ( an applicable drug ( a specifi$ manufactur] 7z def9$ 9 clause 7ii77 t is m>ket$ z ( ! date ( enactm5t ( ?is subp>agraph & disp5s$ = an applicable b5efici>y :o is a subsidy eligible individual 7z def9$ 9 section #ahfj;,d-#ad7;a77#c771 ! t]m disc\nt$ price means ! specifi$ ,,lis p]c5t 7z def9$ 9 clause 7iii77 ( ! negotiat$ price ( ! applicable drug ( ! manufactur]4 7ii7 ,specifi$ manufactur] 7,i7 ,9 g5]al ,9 ?is subp>agraph1 subject to subclause 7,,ii71 ! t]m specifi$ manufactur] means a manufactur] ( an applicable drug = :i*1 9 #bjba-- 7aa7 ! manufactur] _h a cov]age gap disc\nt agreem5t "u section #ahfj;,d-#ad;,a2 7bb7 ! total exp5ditures = all ( ! specifi$ drugs ( ! manufactur] cov]$ by su* agreem5t or agreem5ts = su* ye> & cov]$ "u ?is "p dur+ su* ye> repres5t$ less ?an #a4j p]c5t ( ! total exp5ditures "u ?is "p = all cov]$ ,"p ,d drugs dur+ su* ye>2 & 7cc7 ! total exp5ditures = all ( ! specifi$ drugs ( ! manufactur] t are s+le s\rce drugs & biological products = :i* paym5t may be made "u "p ,b dur+ su* ye> repres5t$ less ?an #a4j p]c5t ( ! total exp5ditures "u "p ,b = all drugs or biological products = :i* paym5t may be made "u su* "p dur+ su* ye>4 7,,ii7 ,specifi$ drugs 7aa7 ,9 g5]al ,= purposes ( ?is clause1 ! t]m specifi$ drug means1 ) respect to a specifi$ manufactur]1 = #bjba1 an applicable drug t is produc$1 prep>$1 propagat$1 comp\nd$1 conv]t$1 or process$ by ! manufactur]4 7bb7 ,aggregation rule ,all p]sons treat$ z a s+le employ] "u subsection 7a7 or 7b7 ( section #eb ( ! ,int]nal ,rev5ue ,code ( #aihf %all be treat$ z "o manufactur] = purposes ( ?is subp>agraph4 ,= purposes ( mak+ a det]m9ation pursuant to ! previ\s s5t5ce1 an agreem5t "u ?is section %all require t a manufactur] provide & atte/ to su* in=mation z specifi$ by ! ,secret>y z necess>y4 7,,iii7 ,limitation ,! t]m specifi$ manufactur] %all n include a manufactur] describ$ 9 subclause 7,i7 if su* manufactur] is acquir$ aft] #bjba by ano!r manufactur] t is n a specifi$ manufactur]1 effective at ! beg9n+ ( ! plan ye> imm$iately foll[+ su* acquisition or1 9 ! case ( an acquisition be=e #bjbe1 effective ,janu>y #a1 #bjbe4 7iii7 ,specifi$ ,,lis p]c5t ,9 ?is subp>agraph1 ! specifi$ ,,lis p]c5t means1 ) respect to a ye>-- 7,i7 = an applicable drug disp5s$ = an applicable b5efici>y describ$ 9 clause 7i7 :o has n incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>-- 7aa7 = #bjbe1 #ii p]c5t2 7bb7 = #bjbf1 #ih p]c5t2 7cc7 = #bjbg1 #ie p]c5t2 7dd7 = #bjbh1 #ib p]c5t2 & 7ee7 = #bjbi & ea* subsequ5t ye>1 #ij p]c5t2 & 7,,ii7 = an applicable drug disp5s$ = an applicable b5efici>y describ$ 9 clause 7i7 :o has incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>-- 7aa7 = #bjbe1 #ii p]c5t2 7bb7 = #bjbf1 #ih p]c5t2 7cc7 = #bjbg1 #ie p]c5t2 7dd7 = #bjbh1 #ib p]c5t2 7ee7 = #bjbi1 #ij p]c5t2 7ff7 = #bjcj1 #he p]c5t2 & 7gg7 = #bjca & ea* subsequ5t ye>1 #hj p]c5t4 7,c7 ,phase-9 = specifi$ small manufactur]s 7i7 ,9 g5]al ,9 ! case ( an applicable drug ( a specifi$ small manufactur] 7z def9$ 9 clause 7ii77 t is m>ket$ z ( ! date ( enactm5t ( ?is subp>agraph & disp5s$ = an applicable b5efici>y1 ! t]m disc\nt$ price means ! specifi$ small manufactur] p]c5t 7z def9$ 9 clause 7iii77 ( ! negotiat$ price ( ! applicable drug ( ! manufactur]4 7ii7 ,specifi$ small manufactur] 7,i7 ,9 g5]al ,9 ?is subp>agraph1 subject to subclause 7,,iii71 ! t]m #8specifi$ small manufactur]' means a manufactur] ( an applicable drug = :i*1 9 #bjba-- 7aa7 ! manufactur] is a specifi$ manufactur] 7z def9$ 9 subp>agraph 7,b77ii772 & 7bb7 ! total exp5ditures "u "p ,d = any "o ( ! specifi$ small manufactur] drugs ( ! manufactur] t are cov]$ by ! agreem5t or agreem5ts "u section #ahfj;,d-#ad;,a ( su* manufactur] = su* ye> & cov]$ "u ?is "p dur+ su* ye> are equal to or m ?an #hj p]c5t ( ! total exp5ditures "u ?is "p = all specifi$ small manufactur] drugs ( ! manufactur] t are cov]$ by su* agreem5t or agreem5ts = su* ye> & cov]$ "u ?is "p dur+ su* ye>4 7,,ii7 ,specifi$ small manufactur] drugs 7aa7 ,9 g5]al ,= purposes ( ?is clause1 ! t]m specifi$ small manufactur] drugs means1 ) respect to a specifi$ small manufactur]1 = #bjba1 an applicable drug t is produc$1 prep>$1 propagat$1 comp\nd$1 conv]t$1 or process$ by ! manufactur]4 7bb7 ,aggregation rule ,all p]sons treat$ z a s+le employ] "u subsection 7a7 or 7b7 ( section #eb ( ! ,int]nal ,rev5ue ,code ( #aihf %all be treat$ z "o manufactur] = purposes ( ?is subp>agraph4 ,= purposes ( mak+ a det]m9ation pursuant to ! previ\s s5t5ce1 an agreem5t "u ?is section %all require t a manufactur] provide & atte/ to su* in=mation z specifi$ by ! ,secret>y z necess>y4 7,,iii7 ,limitation ,! t]m specifi$ small manufactur] %all n include a manufactur] describ$ 9 subclause 7,i7 if su* manufactur] is acquir$ aft] #bjba by ano!r manufactur] t is n a specifi$ small manufactur]1 effective at ! beg9n+ ( ! plan ye> imm$iately foll[+ su* acquisition or1 9 ! case ( an acquisition be=e #bjbe1 effective ,janu>y #a1 #bjbe4 7iii7 ,specifi$ small manufactur] p]c5t ,9 ?is subp>agraph1 ! t]m specifi$ small manufactur] p]c5t means1 ) respect to a ye>-- 7,i7 = an applicable drug disp5s$ = an applicable b5efici>y :o has n incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>-- 7aa7 = #bjbe1 #ii p]c5t2 7bb7 = #bjbf1 #ih p]c5t2 7cc7 = #bjbg1 #ie p]c5t2 7dd7 = #bjbh1 #ib p]c5t2 & 7ee7 = #bjbi & ea* subsequ5t ye>1 #ij p]c5t2 & 7,,ii7 = an applicable drug disp5s$ = an applicable b5efici>y :o has incurr$ co/s1 z det]m9$ 9 accordance ) section #ahfj;,d-#b7;b77#d77;,c71 = cov]$ "p ,d drugs 9 ! ye> t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>-- 7aa7 = #bjbe1 #ii p]c5t2 7bb7 = #bjbf1 #ih p]c5t2 7cc7 = #bjbg1 #ie p]c5t2 7dd7 = #bjbh1 #ib p]c5t2 7ee7 = #bjbi1 #ij p]c5t2 7ff7 = #bjcj1 #he p]c5t2 & 7gg7 = #bjca & ea* subsequ5t ye>1 #hj p]c5t4 7,d7 ,total exp5ditures ,= purposes ( ?is p>agraph1 ! t]m total exp5ditures includes1 9 ! case ( exp5ditures ) respect to "p ,d1 ! total gross cov]$ prescription drug co/s z def9$ 9 section #ahfj;,d-#ae7;b77#c74 ,! t]m total exp5ditures excludes1 9 ! case ( exp5ditures ) respect to "p ,b1 exp5ditures = a drug or biological t are bundl$ or packag$ into ! paym5t = ano!r s]vice4 7,e7 ,special case = c]ta9 claims 7i7 ,claims spann+ d$uctible ,9 ! case :]e ! entire am\nt ( ! negotiat$ price ( an individual claim = an applicable drug ) respect to an applicable b5efici>y does n fall above ! annual d$uctible specifi$ 9 section #ahfj;,d-#b7;b77#a7 = ! ye>1 ! manufactur] ( ! applicable drug %all provide ! disc\nt$ price "u ?is section on only ! portion ( ! negotiat$ price ( ! applicable drug t falls above su* annual d$uctible4 7ii7 ,claims spann+ out-(-pocket ?re%old ,9 ! case :]e ! entire am\nt ( ! negotiat$ price ( an individual claim = an applicable drug ) respect to an applicable b5efici>y does n fall entirely bel[ or entirely above ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i7 = ! ye>1 ! manufactur] ( ! applicable drug %all provide ! disc\nt$ price-- 7,i7 9 accordance ) subp>agraph 7,a77i7 on ! portion ( ! negotiat$ price ( ! applicable drug t falls bel[ su* ?re%old2 & 7,,ii7 9 accordance ) subp>agraph 7,a77ii7 on ! portion ( su* price ( su* drug t falls at or above su* ?re%old4 7#e7 ,manufactur] ,! t]m manufactur] means any entity :i* is engag$ 9 ! production1 prep>ation1 propagation1 comp\nd+1 conv]sion1 or process+ ( prescription drug products1 ei!r directly or indirectly by extraction f sub/ances ( natural orig91 or indep5d5tly by means ( *emical syn!sis1 or by a comb9ation ( extraction & *emical syn!sis4 ,su* t]m does n include a :olesale di/ributor ( drugs or a retail ph>macy lic5s$ "u ,/ate law4 7#f7 ,negotiat$ price ,! t]m negotiat$ price has ! mean+ giv5 su* t]m = purposes ( section #ahfj;,d-#b7;d77#a77;,b71 &1 ) respect to an applicable drug1 su* negotiat$ price %all include any disp5s+ fee &1 if applicable1 any vacc9e adm9i/ration fee = ! applicable drug4 7#g7 ,qualifi$ retiree prescription drug plan ,! t]m qualifi$ retiree prescription drug plan has ! mean+ giv5 su* t]m 9 section #ahfj;,d-#bb7;a77#b74 #ahfj;,d-#ad;,d4 ,select$ drug subsidy program ,) respect to cov]$ "p ,d drugs t w\ld be applicable drugs 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#b77 b = ! application ( subp>agraph 7,b7 ( su* section1 ! ,secret>y %all provide a process :]eby1 9 ! case ( an applicable b5efici>y 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#a77 :o1 ) respect to a ye>1 is enroll$ 9 a prescription drug plan or is enroll$ 9 an ,,ma-,,pd plan1 has n incurr$ co/s t are equal to or exce$ ! annual out-(-pocket ?re%old specifi$ 9 section #ahfj;,d-#b7;b77#d77;,b77i71 & is disp5s$ su* a drug1 ! ,secret>y 7p]iodically & on a timely basis7 provides ! ,,pdp sponsor or ! ,,ma organization (f]+ ! plan1 a subsidy ) respect to su* drug t is equal to #aj p]c5t ( ! negotiat$ price 7z def9$ 9 section #ahfj;,d-#ad;,c7g77#f77 ( su* drug4 4 7#b7 ,sunset ( ,m$ic>e cov]age gap disc\nt program ,section #ahfj;,d-#ad;,a ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad;a7 is am5d$-- 7,a7 9 subsection 7a71 9 ! fir/ s5t5ce1 by /rik+ ,! ,secret>y & ins]t+ ,subject to subsection 7h71 ! ,secret>y2 & 7,b7 by add+ at ! end ! foll[+ new subsection3 7h7 ,sunset ( program 7#a7 ,9 g5]al ,! program %all n apply ) respect to applicable drugs disp5s$ on or aft] ,janu>y #a1 #bjbe1 &1 subject to p>agraph 7#b71 agreem5ts "u ?is section %all be t]m9at$ z ( su* date4 7#b7 ,cont9u$ application = applicable drugs disp5s$ prior to sunset ,! provisions ( ?is section 7includ+ all responsibilities & duties7 %all cont9ue to apply on & aft] ,janu>y #a1 #bjbe1 ) respect to applicable drugs disp5s$ prior to su* date4 4 7#c7 ,select$ drug subsidy paym5ts f ,m$ic>e prescription drug acc\nt ,section #ahfj;,d-#af7;b77#a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaf7;b77#a77 is am5d$-- 7,a7 9 subp>agraph 7,c71 by /rik+ & at ! end2 7,b7 9 subp>agraph 7,d71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,e7 paym5ts "u section #ahfj;,d-#ad;,d 7relat+ to select$ drug subsidy paym5ts74 4 7d7 ,m$ic>e "p ,d premium /abilization 7#a7 #bjbd ?r\gh #bjbi ,section #ahfj;,d-#ac ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aac7 is am5d$-- 7,a7 9 subsection 7a7-- 7i7 9 p>agraph 7#a77;,a71 by ins]t+ or 7#h7 7z applicable7 aft] p>agraph 7#b72 7ii7 9 p>agraph 7#b71 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ ,! base & ins]t+ ,subject to p>agraph 7#h71 ! base2 7iii7 9 p>agraph 7#g7-- 7,i7 9 subp>agraph 7,b77ii71 by ins]t+ or 7#h7 7z applicable7 aft] p>agraph 7#b72 & 7,,ii7 9 subp>agraph 7,e77i71 by ins]t+ or 7#h7 7z applicable7 aft] p>agraph 7#b72 & 7iv7 by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,premium /abilization 7,a7 ,9 g5]al ,! base b5efici>y premium "u ?is p>agraph = a prescription drug plan = a mon? 9 #bjbd ?r\gh #bjbi %all be comput$ z foll[s3 7i7 #bjbd ,! base b5efici>y premium = a mon? 9 #bjbd %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbc increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbd t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7ii7 #bjbe ,! base b5efici>y premium = a mon? 9 #bjbe %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u clause 7i7 = a mon? 9 #bjbd increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbe t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7iii7 #bjbf ,! base b5efici>y premium = a mon? 9 #bjbf %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u clause 7ii7 = a mon? 9 #bjbe increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbf t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7iv7 #bjbg ,! base b5efici>y premium = a mon? 9 #bjbg %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u clause 7iii7 = a mon? 9 #bjbf increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbg t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7v7 #bjbh ,! base b5efici>y premium = a mon? 9 #bjbh %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u clause 7iv7 = a mon? 9 #bjbg increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbh t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7vi7 #bjbi ,! base b5efici>y premium = a mon? 9 #bjbi %all be equal to ! less] (-- 7,i7 ! base b5efici>y premium comput$ "u clause 7v7 = a mon? 9 #bjbh increas$ by #f p]c5t2 or 7,,ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjbi t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7,b7 ,cl>ification reg>d+ #bjcj & subsequ5t ye>s ,! base b5efici>y premium = a mon? 9 #bjcj or a subsequ5t ye> %all be comput$ "u p>agraph 7#b7 )\t reg>d to ?is p>agraph4 2 & 7,b7 9 subsection 7b77#c77;,a77ii71 by /rik+ subsection 7a77#b7 & ins]t+ p>agraph 7#b7 or 7#h7 ( subsection 7a7 7z applicable74 7#b7 ,adju/m5t to b5efici>y premium p]c5tage = #bjcj & subsequ5t ye>s ,section #ahfj;,d-#ac7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aac7;a771 z am5d$ by p>agraph 7#a71 is am5d$-- 7,a7 9 p>agraph 7#c77;,a71 by ins]t+ 7or1 = #bjcj & ea* subsequ5t ye>1 ! p]c5t specifi$ "u p>agraph 7#i77 aft] #be4e p]c5t2 & 7,b7 by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,p]c5t specifi$ 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 = purposes ( p>agraph 7#c77;,a71 ! p]c5t specifi$ "u ?is p>agraph = #bjcj & ea* subsequ5t ye> is ! p]c5t t ! ,secret>y det]m9es is necess>y to ensure t ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjcj is equal to ! less] (-- 7i7 ! base b5efici>y premium comput$ "u p>agraph 7#h77;,a77vi7 = a mon? 9 #bjbi increas$ by #f p]c5t2 or 7ii7 ! base b5efici>y premium comput$ "u p>agraph 7#b7 = a mon? 9 #bjcj t w\ld h appli$ if ?is p>agraph _h n be5 enact$4 7,b7 ,floor ,! p]c5t specifi$ "u subp>agraph 7,a7 may n be less ?an #bj p]c5t4 4 7#c7 ,con=m+ am5dm5ts 7,a7 ,section #ahed7;b77#b77;,b7 ( ! ,social ,security ,act #db ,u4,s4,c4 #aciew-#bd7;b77#b77;,b77 is am5d$ by /rik+ section #ahfj;,d-#ac7;a77#b7 & ins]t+ p>agraph 7#b7 or 7#h7 7z applicable7 ( section #ahfj;,d-#ac7;a74 7,b7 ,section #ahfj;,d-#aa7;g77#f7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aaa7;g77#f77 is am5d$ by ins]t+ 7or1 = #bjcj & ea* subsequ5t ye>1 ! p]c5t specifi$ "u section #ahfj;,d-#ac7;a77#i77 aft] #be4e p]c5t4 7,c7 ,section #ahfj;,d-#ac7;a77#g77;,b77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aac7;a77#g77;,b77i77 is am5d$-- 7i7 9 subclause 7,i71 by ins]t+ 7or1 = #bjcj & ea* subsequ5t ye>1 ! p]c5t specifi$ "u p>agraph 7#i77 aft] #be4e p]c5t2 & 7ii7 9 subclause 7,,ii71 by ins]t+ 7or1 = #bjcj & ea* subsequ5t ye>1 ! p]c5t specifi$ "u p>agraph 7#i77 aft] #be4e p]c5t4 7,d7 ,section #ahfj;,d-#ae7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aae7;a77 is am5d$-- 7i7 9 ! matt] prec$+ p>agraph 7#a71 by ins]t+ 7or1 = ea* ( #bjbd ?r\gh #bjbi1 ! p]c5t applicable z a result ( ! application ( section #ahfj;,d-#ac7;a77#h71 or1 = #bjcj & ea* subsequ5t ye>1 #ajj p]c5t m9us ! p]c5t specifi$ "u section #ahfj;,d-#ac7;a77#i77 aft] #gd4e p]c5t2 & 7ii7 9 p>agraph 7#a77;,b71 by /rik+ p>agraph 7#b7 ( section #ahfj;,d-#ac7;a7 & ins]t+ p>agraph 7#b7 or 7#h7 ( section #ahfj;,d-#ac7;a7 7z applicable74 7e7 ,con=m+ am5dm5ts 7#a7 ,section #ahfj;,d-#b ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7 is am5d$-- 7,a7 9 subsection 7a77#b77;,a77i77,i71 by /rik+ 1 or an increase 9 ! initial & ins]t+ or1 = a ye> prec$+ #bjbe1 an increase 9 ! initial2 7,b7 9 subsection 7c77#a77;,c7-- 7i7 9 ! subp>agraph head+1 by /rik+ at initial cov]age limit2 & 7ii7 by ins]t+ = a ye> prec$+ #bjbe or ! annual out-(-pocket ?re%old specifi$ 9 subsection 7b77#d77;,b7 = ! ye> = #bjbe & ea* subsequ5t ye> aft] subsection 7b77#c7 = ! ye> ea* place x appe>s2 & 7,c7 9 subsection 7d77#a77;,a71 by /rik+ or an initial & ins]t+ or1 = a ye> prec$+ #bjbe1 an initial4 7#b7 ,section #ahfj;,d-#d7;a77#d77;,b77i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajd7;a77#d77;,b77i77 is am5d$ by /rik+ ! initial & ins]t+ = a ye> prec$+ #bjbe1 ! initial4 7#c7 ,section #ahfj;,d-#ad7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a77 is am5d$-- 7,a7 9 p>agraph 7#a7-- 7i7 9 subp>agraph 7,c71 by /rik+ ,! cont9uation & ins]t+ ,= a ye> prec$+ #bjbe1 ! cont9uation2 7ii7 9 subp>agraph 7,d77iii71 by /rik+ #ahfj;,d-#b7;b77#d77;,a77i77,i7 & ins]t+ #ahfj;,d-#b7;b77#d77;,a77i77,i77aa72 & 7iii7 9 subp>agraph 7,e71 by /rik+ ,! elim9ation & ins]t+ ,= a ye> prec$+ #bjbd1 ! elim9ation2 & 7,b7 9 p>agraph 7#b77;,e71 by /rik+ #ahfj;,d-#b7;b77#d77;,a77i77,i7 & ins]t+ #ahfj;,d-#b7;b77#d77;,a77i77,i77aa74 7#d7 ,section #ahfj;,d-#ba7;d77#g7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aca7;d77#g77 is am5d$ by /rik+ section #ahfj;,d-#b7;b77#d77;,b77i7 & ins]t+ section #ahfj;,d-#b7;b77#d77;,c77i74 7#e7 ,section #ahfj;,d-#bb7;a77#b77;,a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#acb7;a77#b77;,a77 is am5d$-- 7,a7 by /rik+ ! value ( any disc\nt & ins]t+ ! foll[+3 ! value (-- 7i7 = ye>s prior to #bjbe1 any disc\nt 2 7,b7 9 clause 7i71 z ins]t$ by subp>agraph 7,a7 ( ?is p>agraph1 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7,c7 by add+ at ! end ! foll[+ new clause3 7ii7 = #bjbe & ea* subsequ5t ye>1 any disc\nt provid$ pursuant to section #ahfj;,d-#ad;,c4 4 7#f7 ,section #ahfj;,d-#da7;a77#f7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aea7;a77#f77 is am5d$-- 7,a7 by ins]t+ = a ye> be=e #bjbe aft] #ahfj;,d-#b7;b77#c72 & 7,b7 by ins]t+ = su* ye> be=e ! p]iod4 7#g7 ,section #ahfj;,d-#dc ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aec7 is am5d$-- 7,a7 9 subsection 7a7-- 7i7 by /rik+ p>agraph 7#a7 & ins]t+ ! foll[+3 7#a7 p>ticipate 9-- 7,a7 = #bjaa ?r\gh #bjbd1 ! ,m$ic>e cov]age gap disc\nt program "u section #ahfj;,d-#ad;,a2 & 7,b7 = #bjbe & ea* subsequ5t ye>1 ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c2 2 7ii7 by /rik+ p>agraph 7#b7 & ins]t+ ! foll[+3 7#b7 h ent]$ into & h 9 effect-- 7,a7 = #bjaa ?r\gh #bjbd1 an agreem5t describ$ 9 subsection 7b7 ( section #ahfj;,d-#ad;,a ) ! ,secret>y2 & 7,b7 = #bjbe & ea* subsequ5t ye>1 an agreem5t describ$ 9 subsection 7b7 ( section #ahfj;,d-#ad;,c ) ! ,secret>y2 & 2 & 7iii7 9 p>agraph 7#c71 by /rik+ su* section & ins]t+ section #ahfj;,d-#ad;,a2 & 7,b7 by /rik+ subsection 7b7 & ins]t+ ! foll[+3 7b7 ,effective date ,p>agraphs 7#a77;,a71 7#b77;,a71 & 7#c7 ( subsection 7a7 %all apply to cov]$ "p ,d drugs disp5s$ "u ?is "p on or aft] ,janu>y #a1 #bjaa1 & be=e ,janu>y #a1 #bjbe1 & p>agraphs 7#a77;,b7 & 7#b77;,b7 ( su* subsection %all apply to cov]$ "p ,d drugs disp5s$ "u ?is "p on or aft] ,janu>y #a1 #bjbe4 4 7#h7 ,section #aibg ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifr-#h7 is am5d$-- 7,a7 9 subsection 7c77#a77;,c77i77,,vi71 by ins]t+ be=e ! p]iod at ! end ! foll[+3 or "u ! manufactur] disc\nt program "u section #ahfj;,d-#ad;,c2 & 7,b7 9 subsection 7k77#a77;,b77i77,v71 by ins]t+ be=e ! p]iod at ! end ! foll[+3 or "u section #ahfj;,d-#ad;,c4 7f7 ,implem5tation = #bjbd ?r\gh #bjbf ,! ,secret>y %all implem5t ?is section1 includ+ ! am5dm5ts made by ?is section1 = #bjbd1 #bjbe1 & #bjbf by program in/ruction or o!r =ms ( program guidance4 7g7 ,fund+ ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cda1jjj1jjj = fiscal ye> #bjbb1 includ+ #bj1jjj1jjj & #fe1jjj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 fiscal ye>s #bjbb & #bjbc1 respectively1 & #cb1jjj1jjj to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section 9 ea* ( fiscal ye>s #bjbd ?r\gh #bjca1 to rema9 available until exp5d$4 #aabjb4 ,maximum mon?ly cap on co/-%>+ paym5ts "u prescription drug plans & ,,ma-,,pd plans 7a7 ,9 g5]al ,section #ahfj;,d-#b7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;b77 is am5d$-- 7#a7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,a71 by /rik+ & 7,d7 & ins]t+ 1 7,d71 & 7,e72 & 7,b7 by add+ at ! end ! foll[+ new subp>agraph3 7,e7 ,maximum mon?ly cap on co/-%>+ paym5ts 7i7 ,9 g5]al ,= plan ye>s beg9n+ on or aft] ,janu>y #a1 #bjbe1 ea* ,,pdp sponsor (f]+ a prescription drug plan & ea* ,,ma organization (f]+ an ,,ma-,,pd plan %all provide to any enrollee ( su* plan1 includ+ an enrollee :o is a subsidy eligible individual 7z def9$ 9 p>agraph 7#c7 ( section #ahfj;,d-#ad7;a771 ! option to elect ) respect to a plan ye> to pay co/-%>+ "u ! plan 9 mon?ly am\nts t are capp$ 9 accordance ) ?is subp>agraph4 7ii7 ,det]m9ation ( maximum mon?ly cap ,= ea* mon? 9 ! plan ye> = :i* an enrollee 9 a prescription drug plan or an ,,ma-,,pd plan has made an election pursuant to clause 7i71 ! ,,pdp sponsor or ,,ma organization %all det]m9e a maximum mon?ly cap 7z def9$ 9 clause 7iv77 = su* enrollee4 7iii7 ,b5efici>y mon?ly paym5ts ,) respect to an enrollee :o has made an election pursuant to clause 7i71 = ea* mon? describ$ 9 clause 7ii71 ! ,,pdp sponsor or ,,ma organization %all bill su* enrollee an am\nt 7n to exce$ ! maximum mon?ly cap7 = ! out-(-pocket co/s ( su* enrollee 9 su* mon?4 7iv7 ,maximum mon?ly cap def9$ ,9 ?is subp>agraph1 ! t]m maximum mon?ly cap means1 ) respect to an enrollee-- 7,i7 = ! fir/ mon? = :i* ! enrollee has made an election pursuant to clause 7i71 an am\nt det]m9$ by calculat+-- 7aa7 ! annual out-(-pocket ?re%old specifi$ 9 p>agraph 7#d77;,b7 m9us ! incurr$ co/s ( ! enrollee z describ$ 9 p>agraph 7#d77;,c72 divid$ by 7bb7 ! numb] ( mon?s rema9+ 9 ! plan ye>2 & 7,,ii7 = a subsequ5t mon?1 an am\nt det]m9$ by calculat+-- 7aa7 ! sum ( any rema9+ out-(-pocket co/s ow$ by ! enrollee f a previ\s mon? t h n yet be5 bill$ to ! enrollee & any additional out-(-pocket co/s incurr$ by ! enrollee2 divid$ by 7bb7 ! numb] ( mon?s rema9+ 9 ! plan ye>4 7v7 ,additional requirem5ts ,! foll[+ requirem5ts %all apply ) respect to ! option to make an election pursuant to clause 7i7 "u ?is subp>agraph3 7,i7 ,secret>ial responsibilities ,! ,secret>y %all provide in=mation to "p ,d eligible individuals on ! option to make su* election ?r\gh educational mat]ials1 includ+ ?r\gh ! notices provid$ "u section #ahjd7;a74 7,,ii7 ,tim+ ( election ,an enrollee 9 a prescription drug plan or an ,,ma-,,pd plan may make su* an election-- 7aa7 prior to ! beg9n+ ( ! plan ye>2 or 7bb7 9 any mon? dur+ ! plan ye>4 7,,iii7 ,pdp sponsor & ma organization responsibilities ,ea* ,,pdp sponsor (f]+ a prescription drug plan or ,,ma organization (f]+ an ,,ma-,,pd plan-- 7aa7 may n limit ! option = an enrollee to make su* an election to c]ta9 cov]$ "p ,d drugs2 7bb7 %all1 prior to ! plan ye>1 notify prospective enrollees ( ! option to make su* an election 9 promotional mat]ials2 7cc7 %all include in=mation on su* option 9 enrollee educational mat]ials2 7dd7 %all h 9 place a me*anism to notify a ph>macy dur+ ! plan ye> :5 an enrollee incurs out-(-pocket co/s ) respect to cov]$ "p ,d drugs t make x likely ! enrollee may b5efit f mak+ su* an election2 7ee7 %all provide t a ph>macy1 aft] receiv+ a notification describ$ 9 item 7dd7 ) respect to an enrollee1 in=ms ! enrollee ( su* notification2 7ff7 %all ensure t su* an election by an enrollee has no effect on ! am\nt paid to ph>macies 7or ! tim+ ( su* paym5ts7 ) respect to cov]$ "p ,d drugs disp5s$ to ! enrollee2 & 7gg7 %all h 9 place a f9ancial reconciliation process to correct inaccuracies 9 paym5ts made by an enrollee "u ?is subp>agraph ) respect to cov]$ "p ,d drugs dur+ ! plan ye>4 7,,iv7 ,failure to pay am\nt bill$ ,if an enrollee fails to pay ! am\nt bill$ = a mon? z requir$ "u ?is subp>agraph-- 7aa7 ! election ( ! enrollee pursuant to clause 7i7 %all be t]m9at$ & ! enrollee %all pay ! co/-%>+ o!rwise applicable = any cov]$ "p ,d drugs subsequ5tly disp5s$ to ! enrollee up to ! annual out-(-pocket ?re%old specifi$ 9 p>agraph 7#d77;,b72 & 7bb7 ! ,,pdp sponsor or ,,ma organization may preclude ! enrollee f mak+ an election pursuant to clause 7i7 9 a subsequ5t plan ye>4 7,v7 ,cl>ification reg>d+ pa/ due am\nts ,no?+ 9 ?is subp>agraph %all be con/ru$ z prohibit+ a ,,pdp sponsor or an ,,ma organization f bill+ an enrollee = an am\nt ow$ "u ?is subp>agraph4 7,,vi7 ,treatm5t ( unsettl$ balances ,any unsettl$ balances ) respect to am\nts ow$ "u ?is subp>agraph %all be treat$ z plan losses & ! ,secret>y %all n be liable = any su* balances outside ( ^? assum$ z losses e/imat$ 9 plan bids4 2 & 7#b7 9 p>agraph 7#d7-- 7,a7 9 subp>agraph 7,c71 by /rik+ subp>agraph 7,e7 & ins]t+ subp>agraph 7,e7 or subp>agraph 7,f72 & 7,b7 by add+ at ! end ! foll[+ new subp>agraph3 7,f7 ,inclusion ( co/s paid "u maximum mon?ly cap option ,9 apply+ subp>agraph 7,a71 ) respect to an enrollee :o has made an election pursuant to clause 7i7 ( p>agraph 7#b77;,e71 co/s %all be treat$ z incurr$ if su* co/s are paid by a ,,pdp sponsor or an ,,ma organization "u ! option provid$ "u su* p>agraph4 4 7b7 ,application to alt]native prescription drug cov]age ,section #ahfj;,d-#b7;c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;c77 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#d7 ,same maximum mon?ly cap on co/-%>+ ,! maximum mon?ly cap on co/-%>+ paym5ts %all apply to cov]age ) respect to an enrollee :o has made an election pursuant to clause 7i7 ( subsection 7b77#b77;,e7 "u ! option provid$ "u su* subsection4 4 7c7 ,implem5tation = #bjbe ,! ,secret>y %all implem5t ?is section1 includ+ ! am5dm5ts made by ?is section1 = #bjbe by program in/ruction or o!r =ms ( program guidance4 7d7 ,fund+ ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aj1jjj1jjj = fiscal ye> #bjbc1 to rema9 available until exp5d$1 to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section4 #d ,cont9u$ ,delay ( ,implem5tation ( ,prescription ,drug ,rebate ,rule #aacja4 ,ext5sion ( moratorium on implem5tation ( rule relat+ to elim9at+ ! anti-kickback /atute safe h>bor protection = prescription drug rebates ,! ,secret>y ( ,heal? & ,human ,s]vices %all n1 prior to ,janu>y #a1 #bjcb1 implem5t1 adm9i/]1 or en=ce ! provisions ( ! f9al rule publi%$ by ! ,(fice ( ! ,inspector ,g5]al ( ! ,dep>tm5t ( ,heal? & ,human ,s]vices on ,novemb] #cj1 #bjbj1 & titl$ ,fraud & ,abuse2 ,removal ( ,safe ,h>bor ,protection = ,rebates ,involv+ ,prescription ,ph>maceuticals & ,creation ( ,new ,safe ,h>bor ,protection = ,c]ta9 ,po9t-(-,sale ,r$uctions 9 ,price on ,prescription ,ph>maceuticals & ,c]ta9 ,ph>macy ,b5efit ,manag] ,s]vice ,fees 7#he ,f$4 ,reg4 #gffff74 #e ,miscellane\s #aadja4 ,cov]age ( adult vacc9es recomm5d$ by ! ,advisory ,committee on ,immunization ,practices "u ,m$ic>e "p ,d 7a7 ,ensur+ treatm5t ( co/-%>+ & d$uctible is consi/5t ) treatm5t ( vacc9es "u m$ic>e "p b ,section #ahfj;,d-#b ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb71 z am5d$ by sections #aabja & #aabjb1 is am5d$-- 7#a7 9 subsection 7b7-- 7,a7 9 p>agraph 7#a77;,a71 by /rik+ ,! cov]age & ins]t+ ,subject to p>agraph 7#h71 ! cov]age2 7,b7 9 p>agraph 7#b7-- 7i7 9 subp>agraph 7,a71 by ins]t+ & p>agraph 7#h7 aft] & 7,e72 7ii7 9 subp>agraph 7,c77i71 9 ! matt] prec$+ subclause 7,i71 by /rik+ p>agraph 7#d7 & ins]t+ p>agraphs 7#d7 & 7#h72 & 7iii7 9 subp>agraph 7,d77i71 9 ! matt] prec$+ subclause 7,i71 by /rik+ p>agraph 7#d7 & ins]t+ p>agraphs 7#d7 & 7#h72 7,c7 9 p>agraph 7#c77;,a71 9 ! matt] prec$+ clause 7i71 by /rik+ & 7#d7 & ins]t+ 7#d71 & 7#h72 7,d7 9 p>agraph 7#d77;,a77i71 by /rik+ ,! cov]age & ins]t+ ,subject to p>agraph 7#h71 ! cov]age2 & 7,e7 by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,treatm5t ( co/-%>+ = adult vacc9es recomm5d$ by ! advisory committee on immunization practices consi/5t ) treatm5t ( vacc9es "u "p b 7,a7 ,9 g5]al ,= plan ye>s beg9n+ on or aft] ,janu>y #a1 #bjbc1 ) respect to an adult vacc9e recomm5d$ by ! ,advisory ,committee on ,immunization ,practices 7z def9$ 9 subp>agraph 7,b77-- 7i7 ! d$uctible "u p>agraph 7#a7 %all n apply2 & 7ii7 !re %all be no co9surance or o!r co/-%>+ "u ?is "p ) respect to su* vacc9e4 7,b7 ,adult vacc9es recomm5d$ by ! advisory committee on immunization practices ,= purposes ( ?is p>agraph1 ! t]m adult vacc9e recomm5d$ by ! ,advisory ,committee on ,immunization ,practices means a cov]$ "p ,d drug t is a vacc9e lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act = use by adult populations & adm9i/]$ 9 accordance ) recomm5dations ( ! ,advisory ,committee on ,immunization ,practices ( ! ,c5t]s = ,disease ,control & ,prev5tion4 2 & 7#b7 9 subsection 7c71 by add+ at ! end ! foll[+ new p>agraph3 7#e7 ,treatm5t ( co/-%>+ = adult vacc9es recomm5d$ by ! advisory committee on immunization practices ,! cov]age is 9 accordance ) subsection 7b77#h74 4 7b7 ,con=m+ am5dm5ts to co/-%>+ = l[-income individuals ,section #ahfj;,d-#ad7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a771 z am5d$ by section #aabja1 is am5d$-- 7#a7 9 p>agraph 7#a77;,d71 9 ea* ( clauses 7ii7 & 7iii71 by /rik+ ,9 ! case & ins]t+ ,subject to p>agraph 7#f71 9 ! case2 7#b7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,b71 by /rik+ ,a r$uction & ins]t+ ,subject to section #ahfj;,d-#b7;b77#h71 a r$uction2 7,b7 9 subp>agraph 7,d71 by /rik+ ,! sub/itution & ins]t+ ,subject to p>agraph 7#f71 ! sub/itution2 & 7,c7 9 subp>agraph 7,e71 by /rik+ subsection 7c7 & ins]t+ p>agraph 7#f7 ( ?is subsection & subsection 7c72 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#f7 ,no application ( co/-%>+ or d$uctible = adult vacc9es recomm5d$ by ! advisory committee on immunization practices ,= plan ye>s beg9n+ on or aft] ,janu>y #a1 #bjbc1 ) respect to an adult vacc9e recomm5d$ by ! ,advisory ,committee on ,immunization ,practices 7z def9$ 9 section #ahfj;,d-#b7;b77#h77;,b77-- 7,a7 ! d$uctible "u section #ahfj;,d-#b7;b77#a7 %all n apply2 & 7,b7 !re %all be no co/-%>+ "u ?is section ) respect to su* vacc9e4 4 7c7 ,tempor>y retrospective subsidy 7#a7 ,9 g5]al ,section #ahfj;,d-#ae ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aae7 is am5d$ by add+ at ! end ! foll[+ new subsection3 7h7 ,tempor>y retrospective subsidy = r$uction 9 co/-%>+ & d$uctible = adult vacc9es recomm5d$ by ! advisory committee on immunization practices dur+ #bjbc 7#a7 ,9 g5]al ,9 addition to am\nts o!rwise payable "u ?is section to a ,,pdp sponsor ( a prescription drug plan or an ,,ma organization (f]+ an ,,ma-,,pd plan1 = plan ye> #bjbc1 ! ,secret>y %all provide ! ,,pdp sponsor or ,,ma organization (f]+ ! plan subsidies 9 an am\nt equal to ! aggregate r$uction 9 co/-%>+ & d$uctible by reason ( ! application ( section #ahfj;,d-#b7;b77#h7 = individuals "u ! plan dur+ ! ye>4 7#b7 ,tim+ ,! ,secret>y %all provide a subsidy "u p>agraph 7#a71 z applicable1 n lat] ?an #ah mon?s foll[+ ! end ( ! applicable plan ye>4 4 7#b7 ,treatm5t z incurr$ co/s ,section #ahfj;,d-#b7;b77#d77;,c77iii77,i7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb7;b77#d77;,c77iii77,i771 z am5d$ by section #aabja7;a77#c77;,c71 is am5d$-- 7,a7 9 item 7cc71 by /rik+ or at ! end2 & 7,b7 by add+ at ! end ! foll[+ new item3 7dd7 "u section #ahfj;,d-#ae7;h72 or 4 7d7 ,rule ( con/ruction ,no?+ 9 ?is section %all be con/ru$ z limit+ cov]age "u "p ,d ( title ,,xviii ( ! ,social ,security ,act = vacc9es t are n recomm5d$ by ! ,advisory ,committee on ,immunization ,practices4 7e7 ,implem5tation = #bjbc ?r\gh #bjbe ,! ,secret>y %all implem5t ?is section1 includ+ ! am5dm5ts made by ?is section1 = #bjbc1 #bjbd1 & #bjbe1 by program in/ruction or o!r =ms ( program guidance4 #aadjb4 ,paym5t = biosimil> biological products dur+ initial p]iod ,section #ahdg;,a7c77#d7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7c77#d77 is am5d$-- 7#a7 9 ea* ( subp>agraphs 7,a7 & 7,b71 by r$esignat+ clauses 7i7 & 7ii7 z subclauses 7,i7 & 7,,ii71 respectively1 & mov+ su* subclauses #b ems to ! "r2 7#b7 by r$esignat+ subp>agraphs 7,a7 & 7,b7 z clauses 7i7 & 7ii7 & mov+ su* clauses #b ems to ! "r2 7#c7 by /rik+ unavailable4--,9 ! case & ins]t+ 8unavailable4-- 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 9 ! case 2 & 7#d7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 ,limitation on paym5t am\nt = biosimil> biological products dur+ initial p]iod ,9 ! case ( a biosimil> biological product furni%$ on or aft] ,july #a1 #bjbd1 dur+ ! initial p]iod describ$ 9 subp>agraph 7,a7 ) respect to ! biosimil> biological product1 ! am\nt payable "u ?is section = ! biosimil> biological product is ! less] ( ! foll[+3 7i7 ,! am\nt det]m9$ "u clause 7ii7 ( su* subp>agraph = ! biosimil> biological product4 7ii7 ,! am\nt det]m9$ "u subsection 7b77#a77;,b7 = ! ref]5ce biological product4 4 #aadjc4 ,tempor>y increase 9 ,m$ic>e "p ,b paym5t = c]ta9 biosimil> biological products ,section #ahdg;,a7b77#h7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#c;a7b77#h77 is am5d$-- 7#a7 by r$esignat+ subp>agraphs 7,a7 & 7,b7 z clauses 7i7 & 7ii71 respectively1 & mov+ ! m>g9 ( ea* su* r$esignat$ clause #b ems to ! "r2 7#b7 by /rik+ product4--,! am\nt & ins]t+ ! foll[+3 8product4-- 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! am\nt 2 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 ,tempor>y paym5t increase 7i7 ,9 g5]al ,9 ! case ( a qualify+ biosimil> biological product t is furni%$ dur+ ! applicable #e-ye> p]iod = su* product1 ! am\nt specifi$ 9 ?is p>agraph = su* product ) respect to su* p]iod is ! sum det]m9$ "u subp>agraph 7,a71 except t clause 7ii7 ( su* subp>agraph %all be appli$ by sub/itut+ #h p]c5t = #f p]c5t4 7ii7 ,applicable #e-ye> p]iod ,= purposes ( clause 7i71 ! applicable #e-ye> p]iod = a qualify+ biosimil> biological product is-- 7,i7 9 ! case ( su* a product = :i* paym5t 0 made "u ?is p>agraph z ( ,septemb] #cj1 #bjbb1 ! #e-ye> p]iod beg9n+ on ,octob] #a1 #bjbb2 & 7,,ii7 9 ! case ( su* a product = :i* paym5t is fir/ made "u ?is p>agraph dur+ a cal5d> qu>t] dur+ ! p]iod beg9n+ ,octob] #a1 #bjbb1 & end+ ,decemb] #ca1 #bjbg1 ! #e-ye> p]iod beg9n+ on ! fir/ day ( su* cal5d> qu>t] dur+ :i* su* paym5t is fir/ made4 7iii7 ,qualify+ biosimil> biological product def9$ ,= purposes ( ?is subp>agraph1 ! t]m qualify+ biosimil> biological product means a biosimil> biological product describ$ 9 p>agraph 7#a77;,c7 ) respect to :i*-- 7,i7 9 ! case ( a product describ$ 9 clause 7ii77,i71 ! av]age sales price "u p>agraph 7#h77;,a77i7 = a cal5d> qu>t] dur+ ! #e-ye> p]iod describ$ 9 su* clause is n m ?an ! av]age sales price "u p>agraph 7#d77;,a7 = su* qu>t] = ! ref]5ce biological product2 & 7,,ii7 9 ! case ( a product describ$ 9 clause 7ii77,,ii71 ! av]age sales price "u p>agraph 7#h77;,a77i7 = a cal5d> qu>t] dur+ ! #e-ye> p]iod describ$ 9 su* clause is n m ?an ! av]age sales price "u p>agraph 7#d77;,a7 = su* qu>t] = ! ref]5ce biological product4 4 #aadjd4 ,exp&+ eligibility = l[-income subsidies "u "p ,d ( ! ,m$ic>e program ,section #ahfj;,d-#ad7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a771 z am5d$ by sections #aabja & #aadja1 is am5d$-- 7#a7 9 ! subsection head+1 by /rik+ individuals & all t foll[s ?r\gh l9e & ins]t+ c]ta9 individuals2 7#b7 9 p>agraph 7#a7-- 7,a7 by /rik+ ! p>agraph head+ & ins]t+ ,individuals ) c]ta9 l[ incomes2 & 7,b7 9 ! matt] prec$+ subp>agraph 7,a7-- 7i7 by ins]t+ 7or1 ) respect to a plan ye> beg9n+ on or aft] ,janu>y #a1 #bjbd1 #aej p]c5t7 aft] #ace p]c5t2 & 7ii7 by ins]t+ 7or1 ) respect to a plan ye> beg9n+ on or aft] ,janu>y #a1 #bjbd1 p>agraph 7#c77;,e77 aft] ! res\rces requirem5t describ$ 9 p>agraph 7#c77;,d72 & 7#c7 9 p>agraph 7#b7-- 7,a7 by /rik+ ! p>agraph head+ & ins]t+ ,o!r l[-income individuals2 & 7,b7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ ,9 ! case ( a subsidy & ins]t+ ,) respect to a plan ye> beg9n+ be=e ,janu>y #a1 #bjbd1 9 ! case ( a subsidy4 #aadje4 ,improv+ access to adult vacc9es "u ,m$icaid & ,,*ip 7a7 ,m$icaid 7#a7 ,requir+ cov]age ( adult vacc9ations 7,a7 ,9 g5]al ,section #aijb7;a77#aj77;,a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acif;a7a77#aj77;,a77 is am5d$ 9 ! matt] prec$+ clause 7i7 by ins]t+ 7#ac77;,b71 aft] 7#e714 7,b7 ,m$ically ne$y ,section #aijb7;a77#aj77;,c77iv7 ( su* ,act 7#db ,u4,s4,c4 #acif;a7a77#aj77;,c77iv77 is am5d$ by ins]t+ 1 7#ac77;,b71 aft] 7#e74 7#b7 ,no co/ %>+ = vacc9ations 7,a7 ,g5]al co/-%>+ limitations ,section #aiaf ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifo7 is am5d$-- 7i7 9 subsection 7a77#b7-- 7,i7 9 subp>agraph 7,g71 by ins]t+ a comma aft] ,/ate plan2 7,,ii7 9 subp>agraph 7,h71 by /rik+ 2 or & ins]t+ a comma2 7,,iii7 9 subp>agraph 7,i71 by /rik+ 2 & & ins]t+ 1 or2 & 7,,iv7 by add+ at ! end ! foll[+ new subp>agraph3 7,j7 vacc9es describ$ 9 section #aije7;a77#ac77;,b7 & ! adm9i/ration ( su* vacc9es2 & 2 & 7ii7 9 subsection 7b77#b7-- 7,i7 9 subp>agraph 7,g71 by ins]t+ a comma aft] ,/ate plan2 7,,ii7 9 subp>agraph 7,h71 by /rik+ 2 or & ins]t+ a comma2 7,,iii7 9 subp>agraph 7,i71 by /rik+ 2 & & ins]t+ 1 or2 & 7,,iv7 by add+ at ! end ! foll[+ new subp>agraph3 7,j7 vacc9es describ$ 9 section #aije7;a77#ac77;,b7 & ! adm9i/ration ( su* vacc9es2 & 4 7,b7 ,application to alt]native co/ %>+ ,section #aiaf;,a7b77#c77;,b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acifo-#a7;b77#c77;,b77 is am5d$ by add+ at ! end ! foll[+ new clause3 7xiv7 ,vacc9es describ$ 9 section #aije7;a77#ac77;,b7 & ! adm9i/ration ( su* vacc9es4 4 7#c7 ,increas$ ,,fmap = adult vacc9es & _! adm9i/ration ,section #aije7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acif;d7b77 is am5d$-- 7,a7 by /rik+ & 7#e7 & ins]t+ 7#e72 7,b7 by /rik+ s]vices & vacc9es describ$ 9 subp>agraphs 7,a7 & 7,b7 ( subsection 7a77#ac71 & prohibits co/-%>+ = su* s]vices & vacc9es & ins]t+ s]vices describ$ 9 subsection 7a77#ac77;,a71 & prohibits co/-%>+ = su* s]vices2 7,c7 by /rik+ m$ical assi/ance = su* s]vices & vacc9es & ins]t+ m$ical assi/ance = su* s]vices2 & 7,d7 by ins]t+ 1 & 7#f7 dur+ ! fir/ #h fiscal qu>t]s beg9n+ on or aft] ! effective date ( ?is clause1 9 ! case ( a ,/ate :i*1 z ( ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 provides m$ical assi/ance = vacc9es describ$ 9 subsection 7a77#ac77;,b7 & _! adm9i/ration & prohibits co/-%>+ = su* vacc9es1 ! ,f$]al m$ical assi/ance p]c5tage1 z det]m9$ "u ?is subsection & subsection 7y71 %all be increas$ by #a p]c5tage po9t ) respect to m$ical assi/ance = su* vacc9es & _! adm9i/ration be=e ! fir/ p]iod4 7b7 ,,*ip 7#a7 ,requir+ cov]age ( adult vacc9ations ,section #bajc7;c7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acig;cc7c77 is am5d$ by add+ at ! end ! foll[+ p>agraph3 7#ab7 ,requir$ cov]age ( approv$1 recomm5d$ adult vacc9es & _! adm9i/ration ,reg>dless ( ! type ( cov]age elect$ by a ,/ate "u subsection 7a71 if ! ,/ate *ild heal? plan or a waiv] ( su* plan provides *ild heal? assi/ance or pregnancy-relat$ assi/ance 7z def9$ 9 section #baab7 to an individual :o is #ai ye>s ( age or old]1 su* assi/ance %all include cov]age ( vacc9es describ$ 9 section #aije7;a77#ac77;,b7 & _! adm9i/ration4 4 7#b7 ,no co/-%>+ = vacc9ations ,section #bajc7;e77#b7 ( su* ,act 7#db ,u4,s4,c4 #acig;cc7e77#b77 is am5d$ by ins]t+ vacc9es describ$ 9 subsection 7c77#ab7 7& ! adm9i/ration ( su* vacc9es71 aft] 9 vitro diagno/ic products describ$ 9 subsection 7c77#aj7 7& adm9i/ration ( su* products714 7c7 ,effective date ,! am5dm5ts made by ?is section take effect on ! #a/ day ( ! #a/ fiscal qu>t] t beg9s on or aft] ! date t is #a ye> aft] ! date ( enactm5t ( ?is ,act & %all apply to exp5ditures made "u a ,/ate plan or waiv] ( su* plan "u title ,,xix ( ! ,social ,security ,act 7#db ,u4,s4,c4 #acif ?r\gh #acifw-#f7 or "u a ,/ate *ild heal? plan or waiv] ( su* plan "u title ,,xxi ( su* ,act 7#db ,u4,s4,c4 #acig;aa ?r\gh #acigmm7 on or aft] su* effective date4 #aadjf4 ,appropriate co/-%>+ = cov]$ insul9 products "u ,m$ic>e "p ,d 7a7 ,9 g5]al ,section #ahfj;,d-#b ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#ajb71 z am5d$ by sections #aabja1 #aabjb1 & #aadja1 is am5d$-- 7#a7 9 subsection 7b7-- 7,a7 9 p>agraph 7#a77;,a71 by /rik+ p>agraph 7#h7 & ins]t+ p>agraphs 7#h7 & 7#i72 7,b7 9 p>agraph 7#b7-- 7i7 9 subp>agraph 7,a71 by /rik+ p>agraph 7#h7 & ins]t+ p>agraphs 7#h7 & 7#i72 7ii7 9 subp>agraph 7,c77i71 9 ! matt] prec$+ subclause 7,i71 by /rik+ & 7#h7 & ins]t+ 1 7#h71 & 7#i72 & 7iii7 9 subp>agraph 7,d77i71 9 ! matt] prec$+ subclause 7,i71 by /rik+ & 7#h7 & ins]t+ 1 7#h71 & 7#i72 7,c7 9 p>agraph 7#c77;,a71 9 ! matt] prec$+ clause 7i71 by /rik+ & 7#h7 & ins]t+ 7#h71 & 7#i72 7,d7 9 p>agraph 7#d77;,a77i71 by /rik+ p>agraph 7#h7 & ins]t+ p>agraphs 7#h7 & 7#i72 & 7,e7 by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,treatm5t ( co/-%>+ = cov]$ insul9 products 7,a7 ,no application ( d$uctible ,= plan ye> #bjbc & subsequ5t plan ye>s1 ! d$uctible "u p>agraph 7#a7 %all n apply ) respect to any cov]$ insul9 product4 7,b7 ,application ( co/-%>+ 7i7 ,plan ye>s #bjbc & #bjbd ,= plan ye>s #bjbc & #bjbd1 ! cov]age provides b5efits = any cov]$ insul9 product1 reg>dless ( :e!r an individual has rea*$ ! initial cov]age limit "u p>agraph 7#c7 or ! out-(-pocket ?re%old "u p>agraph 7#d71 ) co/-%>+ = a mon?'s supply t does n exce$ ! applicable copaym5t am\nt4 7ii7 ,plan ye> #bjbe & subsequ5t plan ye>s ,= a plan ye> beg9n+ on or aft] ,janu>y #a1 #bjbe1 ! cov]age provides b5efits = any cov]$ insul9 product1 prior to an individual rea*+ ! out-(-pocket ?re%old "u p>agraph 7#d71 ) co/-%>+ = a mon?'s supply t does n exce$ ! applicable copaym5t am\nt4 7,c7 ,cov]$ insul9 product ,9 ?is p>agraph1 ! t]m cov]$ insul9 product means an insul9 product t is a cov]$ "p ,d drug cov]$ "u ! prescription drug plan or ,,ma-,,pd plan t is approv$ "u section #eje ( ! ,f$]al ,food1 ,drug1 & ,cosmetic ,act or lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act & m>ket$ pursuant to su* approval or lic5sure1 includ+ any cov]$ insul9 product t has be5 deem$ to be lic5s$ "u section #cea ( ! ,public ,heal? ,s]vice ,act pursuant to section #gjjb7;e77#d7 ( ! ,biologics ,price ,competition & ,innovation ,act ( #bjji & m>ket$ pursuant to su* section4 7,d7 ,applicable copaym5t am\nt ,9 ?is p>agraph1 ! t]m applicable copaym5t am\nt means1 ) respect to a cov]$ insul9 product "u a prescription drug plan or an ,,ma-,,pd plan disp5s$-- 7i7 dur+ plan ye>s #bjbc1 #bjbd1 & #bjbe1 #ce2 & 7ii7 dur+ plan ye> #bjbf & ea* subsequ5t plan ye>1 ! less] (-- 7,i7 #ce2 7,,ii7 an am\nt equal to #be p]c5t ( ! maximum fair price e/abli%$ = ! cov]$ insul9 product 9 accordance ) "p ,e ( title ,,xi2 or 7,,iii7 an am\nt equal to #be p]c5t ( ! negotiat$ price ( ! cov]$ insul9 product "u ! prescription drug plan or ,,ma-,,pd plan4 7,e7 ,special rule = fir/ #c mon?s ( #bjbc ,) respect to a mon?'s supply ( a cov]$ insul9 product disp5s$ dur+ ! p]iod beg9n+ on ,janu>y #a1 #bjbc1 & end+ on ,m>* #ca1 #bjbc1 a ,,pdp sponsor (f]+ a prescription drug plan or an ,,ma organization (f]+ an ,,ma-,,pd plan %all reimburse an enrollee )9 #cj days = any co/-%>+ paid by su* enrollee t exce$s ! co/-%>+ appli$ by ! prescription drug plan or ,,ma-,,pd plan "u subp>agraph 7,b77i7 at ! po9t-(-sale = su* mon?'s supply4 2 & 7#b7 9 subsection 7c71 by add+ at ! end ! foll[+ new p>agraph3 7#f7 ,treatm5t ( co/-%>+ = cov]$ insul9 products ,! cov]age is provid$ 9 accordance ) subsection 7b77#i74 4 7b7 ,con=m+ am5dm5ts to co/-%>+ = l[-income individuals ,section #ahfj;,d-#ad7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aad7;a771 z am5d$ by sections #aabja1 #aadja1 & #aadjd1 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 subp>agraph 7,d77iii71 by add+ at ! end ! foll[+ new s5t5ce3 ,= plan ye> #bjbc & subsequ5t plan ye>s1 ! copaym5t am\nt applicable "u ! prec$+ s5t5ce to a mon?'s supply ( a cov]$ insul9 product 7z def9$ 9 section #ahfj;,d-#b7;b77#i77;,c77 disp5s$ to ! individual may n exce$ ! applicable copaym5t am\nt = ! product "u ! prescription drug plan or ,,ma-,,pd plan 9 :i* ! individual is enroll$42 & 7,b7 9 subp>agraph 7,e71 by ins]t+ ! foll[+ be=e ! p]iod at ! end3 or "u section #ahfj;,d-#b7;b77#i7 9 ! case ( a cov]$ insul9 product 7z def9$ 9 subp>agraph 7,c7 ( su* section72 & 7#b7 9 p>agraph 7#b7-- 7,a7 9 subp>agraph 7,b71 by /rik+ section #ahfj;,d-#b7;b77#h7 & ins]t+ p>agraphs 7#h7 & 7#i7 ( section #ahfj;,d-#b7;b72 7,b7 9 subp>agraph 7,d71 by add+ at ! end ! foll[+ new s5t5ce3 ,= plan ye> #bjbc1 ! am\nt ( ! co9surance applicable "u ! prec$+ s5t5ce to a mon?'s supply ( a cov]$ insul9 product 7z def9$ 9 section #ahfj;,d-#b7;b77#i77;,c77 disp5s$ to ! individual may n exce$ ! applicable copaym5t am\nt = ! product "u ! prescription drug plan or ,,ma-,,pd plan 9 :i* ! individual is enroll$42 & 7,c7 9 subp>agraph 7,e71 by add+ at ! end ! foll[+ new s5t5ce3 ,= plan ye> #bjbc1 ! am\nt ( ! copaym5t or co9surance applicable "u ! prec$+ s5t5ce to a mon?'s supply ( a cov]$ insul9 product 7z def9$ 9 section #ahfj;,d-#b7;b77#i77;,c77 disp5s$ to ! individual may n exce$ ! applicable copaym5t am\nt = ! product "u ! prescription drug plan or ,,ma-,,pd plan 9 :i* ! individual is enroll$44 7c7 ,tempor>y retrospective subsidy ,section #ahfj;,d-#ae7;h7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciew-#aae7;h771 z add$ by section #aadja7;c71 is am5d$-- 7#a7 9 ! subsection head+1 by ins]t+ & insul9 aft] practices2 & 7#b7 9 p>agraph 7#a71 by /rik+ section #ahfj;,d-#b7;b77#h7 & ins]t+ p>agraph 7#h7 or 7#i7 ( section #ahfj;,d-#b7;b74 7d7 ,implem5tation = #bjbc ?r\gh #bjbe ,! ,secret>y %all implem5t ?is section = plan ye>s #bjbc1 #bjbd1 & #bjbe by program in/ruction or o!r =ms ( program guidance4 7e7 ,fund+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,c5t]s = ,m$ic>e ,m$icaid ,s]vices1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #a1ejj1jjj = fiscal ye> #bjbb1 to rema9 available until exp5d$1 to c>ry out ! provisions (1 includ+ ! am5dm5ts made by1 ?is section4 #aadjg4 ,limitation on mon?ly co9surance & adju/m5ts to suppli] paym5t "u ,m$ic>e ,"p ,b = insul9 furni%$ ?r\gh durable m$ical equipm5t 7a7 ,waiv] ( d$uctible ,! fir/ s5t5ce ( section #ahcc7;b7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciel7b77 is am5d$-- 7#a7 by /rik+ & 7#ab7 & ins]t+ 7#ab72 & 7#b7 by ins]t+ be=e ! p]iod ! foll[+3 1 & 7#ac7 su* d$uctible %all n apply ) respect to insul9 furni%$ on or aft] ,july #a1 #bjbc1 ?r\gh an item ( durable m$ical equipm5t cov]$ "u section #ahfa7n744 7b7 ,co9surance 7#a7 ,9 g5]al ,section #ahcc7;a77#a77,s7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciel7a77#a77,s77 is am5d$-- 7,a7 by ins]t+ 7i7 except z provid$ 9 clause 7ii71 aft] 7,s72 & 7,b7 by ins]t+ aft] or #ahdg;,b71 ! foll[+3 & 7ii7 ) respect to insul9 furni%$ on or aft] ,july #a1 #bjbc1 ?r\gh an item ( durable m$ical equipm5t cov]$ "u section #ahfa7n71 ! am\nts paid %all be1 subject to ! f\r? s5t5ce ( ?is subsection1 #hj p]c5t ( ! paym5t am\nt e/abli%$ "u section #ahdg;,a 7or section #ahdg;,b1 if applicable7 = su* insul914 7#b7 ,adju/m5t to suppli] paym5ts2 limitation on mon?ly co9surance ,section #ahcc7;a7 ( ! ,social ,security ,act 7#db ,u4,s4,c4 #aciel7a77 is am5d$1 9 ! flu% matt] at ! end1 by add+ at ! end ! foll[+ new s5t5ce3 ,! ,secret>y %all make su* adju/m5ts z may be necess>y to ! am\nts paid z specifi$ "u p>agraph 7#a77,s77ii7 = insul9 furni%$ on or aft] ,july #a1 #bjbc1 ?r\gh an item ( durable m$ical equipm5t cov]$ "u section #ahfa7n71 su* t ! am\nt ( co9surance payable by an individual enroll$ "u ?is "p = a mon?'s supply ( su* insul9 does n exce$ #ce44 7c7 ,implem5tation ,! ,secret>y ( ,heal? & ,human ,s]vices %all implem5t ?is section = #bjbc by program in/ruction or o!r =ms ( program guidance4 #aadjh4 ,safe h>bor = abs5ce ( d$uctible = insul9 7a7 ,9 g5]al ,p>agraph 7#b7 ( section #bbc7;c7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new subp>agraph3 7,g7 ,safe h>bor = abs5ce ( d$uctible = c]ta9 insul9 products 7i7 ,9 g5]al ,a plan %all n fail to be treat$ z a high d$uctible heal? plan by reason ( fail+ to h a d$uctible = select$ insul9 products4 7ii7 ,select$ insul9 products ,= purposes ( ?is subp>agraph-- 7,i7 ,9 g5]al ,! t]m select$ insul9 products means any dosage =m 7su* z vial1 pump1 or inhal] dosage =ms7 ( any diff]5t type 7su* z rapid-act+1 %ort-act+1 int]m$iate-act+1 long-act+1 ultra long-act+1 & premix$7 ( insul94 7,,ii7 ,insul9 ,! t]m insul9 means insul9 t is lic5s$ "u subsection 7a7 or 7k7 ( section #cea ( ! ,public ,heal? ,s]vice ,act 7#db ,u4,s4,c4 #bfb7 & cont9ues to be m>ket$ "u su* section1 includ+ any insul9 product t has be5 deem$ to be lic5s$ "u section #cea7;a7 ( su* ,act pursuant to section #gjjb7;e77#d7 ( ! ,biologics ,price ,competition & ,innovation ,act ( #bjji 7,public ,law #aaa-adh7 & cont9ues to be m>ket$ pursuant to su* lic5sure4 4 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to plan ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 ,c ,af=dable ,c>e ,act ,subsidies #abjja4 ,improve af=dability & r$uce premium co/s ( heal? insurance = consum]s 7a7 ,9 g5]al ,clause 7iii7 ( section #cf;,b7b77#c77;,a7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ 9 #bjba or #bjbb & ins]t+ aft] ,decemb] #ca1 #bjbj1 & be=e ,janu>y #a1 #bjbf1 & 7#b7 by /rik+ #bjba & #bjbb 9 ! head+ & ins]t+ #bjba ?r\gh #bjbe4 7b7 ,ext5sion ?r\gh #bjbe ( rule to all[ cr$it to taxpay]s ^: h\sehold income exce$s #djj p]c5t ( ! pov]ty l9e ,section #cf;,b7c77#a77;,e7 ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$-- 7#a7 by /rik+ 9 #bjba or #bjbb & ins]t+ aft] ,decemb] #ca1 #bjbj1 & be=e ,janu>y #a1 #bjbf1 & 7#b7 by /rik+ #bjba & #bjbb 9 ! head+ & ins]t+ #bjba ?r\gh #bjbe4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 ,d ,en]gy ,security #acjja4 ,am5dm5t ( #aihf ,code ,except z o!rwise expressly provid$1 :5ev] 9 ?is subtitle an am5dm5t or repeal is express$ 9 t]ms ( an am5dm5t to1 or repeal (1 a section or o!r provision1 ! ref]5ce %all be consid]$ to be made to a section or o!r provision ( ! ,int]nal ,rev5ue ,code ( #aihf4 #a ,clean ,electricity & ,r$uc+ ,c>bon ,emissions #acaja4 ,ext5sion & modification ( cr$it = electricity produc$ f c]ta9 r5ewable res\rces 7a7 ,9 g5]al ,! foll[+ provisions ( section #de7;d7 are ea* am5d$ by /rik+ ,janu>y #a1 #bjbb ea* place x appe>s & ins]t+ ,janu>y #a1 #bjbe3 7#a7 ,p>agraph 7#b77;,a74 7#b7 ,p>agraph 7#c77;,a74 7#c7 ,p>agraph 7#f74 7#d7 ,p>agraph 7#g74 7#e7 ,p>agraph 7#i74 7#f7 ,p>agraph 7#aa77;,b74 7b7 ,base cr$it am\nt ,section #de is am5d$-- 7#a7 9 subsection 7a77#a71 by /rik+ #a4e c5ts & ins]t+ #j4c c5ts1 & 7#b7 9 subsection 7b77#b71 by /rik+ #a4e c5t & ins]t+ #j4c c5t4 7c7 ,application ( ext5sion to geo!rmal & sol> ,section #de7;d77#d7 is am5d$ by /rik+ & :i* & all t foll[s ?r\gh ,janu>y #a1 #bjbb & ins]t+ & ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjbe4 7d7 ,ext5sion ( election to treat qualifi$ facilities z en]gy prop]ty ,section #dh7;a77#e77;,c77ii7 is am5d$ by /rik+ ,janu>y #a1 #bjbb & ins]t+ ,janu>y #a1 #bjbe4 7e7 ,application ( ext5sion to w9d facilities 7#a7 ,9 g5]al ,section #de7;d77#a7 is am5d$ by /rik+ ,janu>y #a1 #bjbb & ins]t+ ,janu>y #a1 #bjbe4 7#b7 ,application ( phase\t p]c5tage 7,a7 ,r5ewable electricity production cr$it ,section #de7;b77#e7 is am5d$ by ins]t+ :i* is plac$ 9 s]vice be=e ,janu>y #a1 #bjbb aft] us+ w9d to produce electricity4 7,b7 ,en]gy cr$it ,section #dh7;a77#e77;,e7 is am5d$ by ins]t+ plac$ 9 s]vice be=e ,janu>y #a1 #bjbb1 & be=e treat$ z en]gy prop]ty4 7#c7 ,qualifi$ (f%ore w9d facilities "u en]gy cr$it ,section #dh7;a77#e77;,f77i7 is am5d$ by /rik+ (f%ore w9d facility & all t foll[s & ins]t+ ! foll[+3 (f%ore w9d facility1 subp>agraph 7,e7 %all n apply44 7f7 ,wage & appr5tice%ip requirem5ts ,section #de7;b7 is am5d$ by add+ at ! end ! foll[+ new p>agraphs3 7#f7 ,increas$ cr$it am\nt = qualifi$ facilities 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ facility :i* satisfies ! requirem5ts ( subp>agraph 7,b71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 7det]m9$ aft] ! application ( p>agraphs 7#a7 ?r\gh 7#e7 & )\t reg>d to ?is p>agraph7 %all be equal to su* am\nt multipli$ by #e4 7,b7 ,qualifi$ facility requirem5ts ,a qualifi$ facility meets ! requirem5ts ( ?is subp>agraph if x is "o ( ! foll[+3 7i7 ,a facility ) a maximum net output ( less ?an #a megawatt 7z measur$ 9 alt]nat+ curr5t74 7ii7 ,a facility ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#g77;,a7 & 7#h74 7iii7 ,a facility :i* satisfies ! requirem5ts ( p>agraphs 7#g77;,a7 & 7#h74 7#g7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ facility are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9-- 7i7 ! con/ruction ( su* facility1 & 7ii7 ) respect to any taxable ye>1 = any portion ( su* taxable ye> :i* is )9 ! p]iod describ$ 9 subsection 7a77#b77;,a77ii71 ! alt]ation or repair ( su* facility1 %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* facility is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 ,= purposes ( det]m9+ an increas$ cr$it am\nt "u p>agraph 7#f77;,a7 = a taxable ye>1 ! requirem5t "u clause 7ii7 is appli$ to su* taxable ye> 9 :i* ! alt]ation or repair ( ! qualifi$ facility occurs40 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts 7i7 ,9 g5]al ,9 ! case ( any taxpay] :i* fails to satisfy ! requirem5t "u subp>agraph 7,a7 ) respect to ! con/ruction ( any qualifi$ facility or ) respect to ! alt]ation or repair ( a facility 9 any ye> dur+ ! p]iod describ$ 9 subp>agraph 7,a77ii71 su* taxpay] %all be deem$ to h satisfi$ su* requirem5t "u su* subp>agraph ) respect to su* facility = any ye> if1 ) respect to any labor] or me*anic :o 0 paid wages at a rate bel[ ! rate describ$ 9 su* subp>agraph = any p]iod dur+ su* ye>1 su* taxpay]-- 7,i7 makes paym5t to su* labor] or me*anic 9 an am\nt equal to ! sum (-- 7aa7 an am\nt equal to ! diff]5ce betwe5-- 7,,aa7 ! am\nt ( wages paid to su* labor] or me*anic dur+ su* p]iod1 & 7,,bb7 ! am\nt ( wages requir$ to be paid to su* labor] or me*anic pursuant to su* subp>agraph dur+ su* p]iod1 plus 7bb7 int]e/ on ! am\nt det]m9$ "u item 7aa7 at ! und]paym5t rate e/abli%$ "u section #ffba 7det]m9$ by sub/itut+ #f p]c5tage po9ts = #c p]c5tage po9ts 9 subsection 7a77#b7 ( su* section7 = ! p]iod describ$ 9 su* item1 & 7,,ii7 makes paym5t to ! ,secret>y ( a p5alty 9 an am\nt equal to ! product (-- 7aa7 #e1jjj1 multipli$ by 7bb7 ! total numb] ( labor]s & me*anics :o 7 paid wages at a rate bel[ ! rate describ$ 9 subp>agraph 7,a7 = any p]iod dur+ su* ye>4 7ii7 ,defici5cy proc$ures n to apply ,sub*apt] ,b ( *apt] #fc 7relat+ to defici5cy proc$ures = income1 e/ate1 gift1 & c]ta9 excise taxes7 %all n apply ) respect to ! assessm5t or collection ( any p5alty impos$ by ?is p>agraph4 7iii7 ,int5tional disreg>d ,if ! ,secret>y det]m9es t any failure describ$ 9 clause 7i7 is due to int5tional disreg>d ( ! requirem5ts "u subp>agraph 7,a71 su* clause %all be appli$-- 7,i7 9 subclause 7,i71 by sub/itut+ ?ree times ! sum = ! sum1 & 7,,ii7 9 subclause 7,,ii71 by sub/itut+ #aj1jjj = #e1jjj 9 item 7aa7 !re(4 7iv7 ,limitation on p]iod = paym5t ,pursuant to rules issu$ by ! ,secret>y1 9 ! case ( a f9al det]m9ation by ! ,secret>y ) respect to any failure by ! taxpay] to satisfy ! requirem5t "u subp>agraph 7,a71 subp>agraph 7,b77i7 %all n apply unless ! paym5ts describ$ 9 subclauses 7,i7 & 7,,ii7 ( su* subp>agraph are made by ! taxpay] on or be=e ! date :i* is #ahj days aft] ! date ( su* det]m9ation4 7#h7 ,appr5tice%ip requirem5ts ,! requirem5ts describ$ 9 ?is p>agraph ) respect to ! con/ruction ( any qualifi$ facility are z foll[s3 7,a7 ,labor h\rs 7i7 ,p]c5tage ( total labor h\rs ,taxpay]s %all ensure t1 ) respect to ! con/ruction ( any qualifi$ facility1 n less ?an ! applicable p]c5tage ( ! total labor h\rs ( ! con/ruction1 alt]ation1 or repair "w 7includ+ su* "w p]=m$ by any contractor or subcontractor7 ) respect to su* facility %all1 subject to subp>agraph 7,b71 be p]=m$ by qualifi$ appr5tices4 7ii7 ,applicable p]c5tage ,= purposes ( clause 7i71 ! applicable p]c5tage %all be-- 7,i7 9 ! case ( a qualifi$ facility ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjbc1 #aj p]c5t1 7,,ii7 9 ! case ( a qualifi$ facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjbd1 #ab4e p]c5t1 & 7,,iii7 9 ! case ( a qualifi$ facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbc1 #ae p]c5t4 7,b7 ,appr5tice to j\rneywork] ratio ,! requirem5t "u subp>agraph 7,a77i7 %all be subject to any applicable requirem5ts = appr5tice-to-j\rneywork] ratios ( ! ,dep>tm5t ( ,labor or ! applicable ,/ate appr5tice%ip ag5cy4 7,c7 ,p>ticipation ,ea* taxpay]1 contractor1 or subcontractor :o employs #d or m individuals to p]=m con/ruction1 alt]ation1 or repair "w ) respect to ! con/ruction ( a qualifi$ facility %all employ #a or m qualifi$ appr5tices to p]=m su* "w4 7,d7 ,exception 7i7 ,9 g5]al ,a taxpay] %all n be treat$ z fail+ to satisfy ! requirem5ts ( ?is p>agraph if su* taxpay]-- 7,i7 satisfies ! requirem5ts describ$ 9 clause 7ii71 or 7,,ii7 subject to clause 7iii71 9 ! case ( any failure by ! taxpay] to satisfy ! requirem5t "u subp>agraphs 7,a7 & 7,c7 ) respect to ! con/ruction1 alt]ation1 or repair "w on any qualifi$ facility to :i* subclause 7,i7 does n apply1 makes paym5t to ! ,secret>y ( a p5alty 9 an am\nt equal to ! product (-- 7aa7 #ej1 multipli$ by 7bb7 ! total labor h\rs = :i* ! requirem5t describ$ 9 su* subp>agraph 0 n satisfi$ ) respect to ! con/ruction1 alt]ation1 or repair "w on su* qualifi$ facility4 7ii7 ,good fai? ef=t ,= purposes ( clause 7i71 a taxpay] %all be deem$ to h satisfi$ ! requirem5ts "u ?is p>agraph ) respect to a qualifi$ facility if su* taxpay] has reque/$ qualifi$ appr5tices f a regi/]$ appr5tice%ip program1 z def9$ 9 section #caca7;e77#c77;,b71 &-- 7,i7 su* reque/ has be5 d5i$1 provid$ t su* d5ial is n ! result ( a refusal by ! taxpay] or any contractors or subcontractors engag$ 9 ! p]=mance ( con/ruction1 alt]ation1 or repair "w ) respect to su* qualifi$ facility to comply ) ! e/abli%$ /&>ds & requirem5ts ( ! regi/]$ appr5tice%ip program1 or 7,,ii7 ! regi/]$ appr5tice%ip program fails to respond to su* reque/ )9 #e bus9ess days aft] ! date on :i* su* regi/]$ appr5tice%ip program receiv$ su* reque/4 7iii7 ,int5tional disreg>d ,if ! ,secret>y det]m9es t any failure describ$ 9 subclause 7i77,,ii7 is due to int5tional disreg>d ( ! requirem5ts "u subp>agraphs 7,a7 & 7,c71 subclause 7i77,,ii7 %all be appli$ by sub/itut+ #ejj = #ej 9 item 7aa7 !re(4 7,e7 ,def9itions ,= purposes ( ?is p>agraph-- 7i7 ,labor h\rs ,! t]m labor h\rs-- 7,i7 means ! total numb] ( h\rs devot$ to ! p]=mance ( con/ruction1 alt]ation1 or repair "w by any individual employ$ by ! taxpay] or by any contractor or subcontractor1 & 7,,ii7 excludes any h\rs work$ by-- 7aa7 =em51 7bb7 sup]9t5d5ts1 7cc7 own]s1 or 7dd7 p]sons employ$ 9 a bona fide executive1 adm9i/rative1 or pr(essional capacity 7)9 ! mean+ ( ^? t]ms 9 "p #eda ( title #bi1 ,code ( ,f$]al ,regulations74 7ii7 ,qualifi$ appr5tice ,! t]m qualifi$ appr5tice means an individual :o is employ$ by ! taxpay] or by any contractor or subcontractor & :o is p>ticipat+ 9 a regi/]$ appr5tice%ip program1 z def9$ 9 section #caca7;e77#c77;,b74 7#i7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7g7 ,dome/ic cont5t1 phase\t1 & en]gy communities ,section #de7;b71 z am5d$ by subsection 7f71 is am5d$-- 7#a7 by r$esignat+ p>agraph 7#i7 z p>agraph 7#ab71 & 7#b7 by ins]t+ aft] p>agraph 7#h7 ! foll[+3 7#i7 ,dome/ic cont5t bonus cr$it am\nt 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ facility :i* satisfies ! requirem5t "u subp>agraph 7,b77i71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 7det]m9$ aft] ! application ( p>agraphs 7#a7 ?r\gh 7#h77 %all be increas$ by an am\nt equal to #aj p]c5t ( ! am\nt s det]m9$4 7,b7 ,requirem5t 7i7 ,9 g5]al ,! requirem5t describ$ 9 ?is clause is satisfi$ ) respect to any qualifi$ facility if ! taxpay] c]tifies to ! ,secret>y 7at su* "t1 & 9 su* =m & mann]1 z ! ,secret>y may prescribe7 t any /eel1 iron1 or manufactur$ product :i* is a compon5t ( su* facility 7^u completion ( con/ruction7 0 produc$ 9 ! ,unit$ ,/ates 7z det]m9$ "u section #ffa ( title #di1 ,code ( ,f$]al ,regulations74 7ii7 ,/eel & iron ,9 ! case ( /eel or iron1 clause 7i7 %all be appli$ 9 a mann] consi/5t ) section #ffa4e ( title #di1 ,code ( ,f$]al ,regulations4 7iii7 ,manufactur$ product ,= purposes ( clause 7i71 ! manufactur$ products :i* are compon5ts ( a qualifi$ facility ^u completion ( con/ruction %all be deem$ to h be5 produc$ 9 ! ,unit$ ,/ates if n less ?an ! adju/$ p]c5tage 7z det]m9$ "u subp>agraph 7,c77 ( ! total co/s ( all su* manufactur$ products ( su* facility are attributable to manufactur$ products 7includ+ compon5ts7 :i* are m9$1 produc$1 or manufactur$ 9 ! ,unit$ ,/ates4 7,c7 ,adju/$ p]c5tage 7i7 ,9 g5]al ,subject to subclause 7ii71 = purposes ( subp>agraph 7,b77iii71 ! adju/$ p]c5tage %all be #dj p]c5t4 7ii7 ,(f%ore w9d facility ,= purposes ( subp>agraph 7,b77iii71 9 ! case ( a qualifi$ facility :i* is an (f%ore w9d facility1 ! adju/$ p]c5tage %all be #bj p]c5t4 7#aj7 ,phase\t = elective paym5t 7,a7 ,9 g5]al ,9 ! case ( a taxpay] mak+ an election "u section #fdag ) respect to a cr$it "u ?is section1 ! am\nt ( su* cr$it %all be replac$ )-- 7i7 ! value ( su* cr$it 7det]m9$ )\t reg>d to ?is p>agraph71 multipli$ by 7ii7 ! applicable p]c5tage4 7,b7 #ajj p]c5t applicable p]c5tage = c]ta9 qualifi$ facilities ,9 ! case ( any qualifi$ facility-- 7i7 :i* satisfies ! requirem5ts "u p>agraph 7#i77;,b71 or 7ii7 ) a maximum net output ( less ?an #a megawatt 7z measur$ 9 alt]nat+ curr5t71 ! applicable p]c5tage %all be #ajj p]c5t4 7,c7 ,phas$ dome/ic cont5t requirem5t ,subject to subp>agraph 7,d71 9 ! case ( any qualifi$ facility :i* is n describ$ 9 subp>agraph 7,b71 ! applicable p]c5tage %all be-- 7i7 if con/ruction ( su* facility began be=e ,janu>y #a1 #bjbd1 #ajj p]c5t1 & 7ii7 if con/ruction ( su* facility began 9 cal5d> ye> #bjbd1 #ij p]c5t4 7,d7 ,exception 7i7 ,9 g5]al ,= purposes ( ?is p>agraph1 ! ,secret>y %all provide exceptions to ! requirem5ts "u ?is p>agraph if-- 7,i7 ! inclusion ( /eel1 iron1 or manufactur$ products :i* are produc$ 9 ! ,unit$ ,/ates increases ! ov]all co/s ( con/ruction ( qualifi$ facilities by m ?an #be p]c5t1 or 7,,ii7 relevant /eel1 iron1 or manufactur$ products are n produc$ 9 ! ,unit$ ,/ates 9 suffici5t & reasonably available quantities or ( a satisfactory quality4 7ii7 ,applicable p]c5tage ,9 any case 9 :i* ! ,secret>y provides an exception pursuant to clause 7i71 ! applicable p]c5tage %all be #ajj p]c5t4 7#aa7 ,special rule = qualifi$ facility locat$ 9 en]gy community 7,a7 ,9 g5]al ,9 ! case ( a qualifi$ facility :i* is locat$ 9 an en]gy community1 ! cr$it det]m9$ "u subsection 7a7 7det]m9$ aft] ! application ( p>agraphs 7#a7 ?r\gh 7#aj71 )\t ! application ( p>agraph 7#i77 %all be increas$ by an am\nt equal to #aj p]c5t ( ! am\nt s det]m9$4 7,b7 ,en]gy community ,= purposes ( ?is p>agraph1 ! t]m en]gy community means-- 7i7 a br[nfield site 7z def9$ 9 subp>agraphs 7,a71 7,b71 & 7,d77ii77,,iii7 ( section #aja7ci7 ( ! ,compreh5sive ,environm5tal ,response1 ,comp5sation1 & ,liability ,act ( #aihj 7#db ,u4,s4,c4 #ifja7ci7771 7ii7 a metropolitan /ati/ical area or non-metropolitan /ati/ical area :i*-- 7,i7 has 7or1 at any "t dur+ ! p]iod beg9n+ aft] ,decemb] #ca1 #bjji1 _h7 #j4ag p]c5t or great] direct employm5t or #be p]c5t or great] local tax rev5ues relat$ to ! extraction1 process+1 transport1 or /orage ( coal1 oil1 or natural gas 7z det]m9$ by ! ,secret>y71 & 7,,ii7 has an unemploym5t rate at or above ! national av]age unemploym5t rate = ! previ\s ye> 7z det]m9$ by ! ,secret>y71 or 7iii7 a c5sus tract-- 7,i7 9 :i*-- 7aa7 aft] ,decemb] #ca1 #aiii1 a coal m9e has clos$1 or 7bb7 aft] ,decemb] #ca1 #bjji1 a coal-fir$ electric g5]at+ unit has be5 retir$1 or 7,,ii7 :i* is directly adjo9+ to any c5sus tract describ$ 9 subclause 7,i74 4 7h7 ,cr$it r$uc$ = tax-exempt bonds ,section #de7;b77#c7 is am5d$ to read z foll[s3 7#c7 ,cr$it r$uc$ = tax-exempt bonds ,! am\nt ( ! cr$it det]m9$ "u subsection 7a7 ) respect to any facility = any taxable ye> 7det]m9$ aft] ! application ( p>agraphs 7#a7 & 7#b77 %all be r$uc$ by ! am\nt :i* is ! product ( ! am\nt s det]m9$ = su* ye> & ! less] ( #ae p]c5t or a fraction-- 7,a7 ! num]ator ( :i* is ! sum1 = ! taxable ye> & all prior taxable ye>s1 ( proce$s ( an issue ( any obligations ! int]e/ on :i* is exempt f tax "u section #ajc & :i* is us$ to provide f9anc+ = ! qualifi$ facility1 & 7,b7 ! d5om9ator ( :i* is ! aggregate am\nt ( additions to ! capital acc\nt = ! qualifi$ facility = ! taxable ye> & all prior taxable ye>s4 ,! am\nts "u ! prec$+ s5t5ce = any taxable ye> %all be det]m9$ z ( ! close ( ! taxable ye>4 4 7i7 ,r\nd+ adju/m5t 7#a7 ,9 g5]al ,section #de7;b77#b7 is am5d$ by /rik+ ! second s5t5ce & ins]t+ ! foll[+3 ,if ! #j4c c5t am\nt z increas$ "u ! prec$+ s5t5ce is n a multiple ( #j4je c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4je c5t4 ,9 any o!r case1 if an am\nt z increas$ "u ?is p>agraph is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t44 7#b7 ,con=m+ am5dm5t ,section #de7;b77#d77;,a7 is am5d$ by /rik+ la/ s5t5ce & ins]t+ la/ two s5t5ces4 7j7 ,hydrop[] 7#a7 ,elim9ation ( cr$it rate r$uction = qualifi$ hydroelectric production & m>9e & hydrok9etic r5ewable en]gy ,section #de7;b77#d77;,a71 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$ by /rik+ 7#g71 7#i71 or 7#aa7 & ins]t+ or 7#g74 7#b7 ,m>9e & hydrok9etic r5ewable en]gy ,section #de is am5d$-- 7,a7 9 subsection 7c77#aj77;,a7-- 7i7 9 clause 7iii71 by /rik+ or1 7ii7 9 clause 7iv71 by /rik+ ! p]iod at ! end & ins]t+ 1 or & 7iii7 by add+ at ! end ! foll[+3 7v7 pressuriz$ wat] us$ 9 a pipel9e 7or simil> man-made wat] conveyance7 :i* is op]at$-- 7,i7 = ! di/ribution ( wat] = agricultural1 municipal1 or indu/rial consumption1 & 7,,ii7 n prim>ily = ! g5]ation ( electricity4 1 & 7,b7 9 subsection 7d77#aa77;,a71 by /rik+ #aej & ins]t+ #be4 7k7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraphs 7#b7 & 7#c71 ! am5dm5ts made by ?is section %all apply to facilities plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 7#b7 ,cr$it r$uc$ = tax-exempt bonds ,! am5dm5t made by subsection 7h7 %all apply to facilities ! con/ruction ( :i* beg9s aft] ! date ( enactm5t ( ?is ,act4 7#c7 ,dome/ic cont5t1 phase\t1 en]gy communities1 & hydrop[] ,! am5dm5ts made by subsections 7g7 & 7j7 %all apply to facilities plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 #acajb4 ,ext5sion & modification ( en]gy cr$it 7a7 ,ext5sion ( cr$it ,! foll[+ provisions ( section #dh are ea* am5d$ by /rik+ ,janu>y #a1 #bjbd ea* place x appe>s & ins]t+ ,janu>y #a1 #bjbe3 7#a7 ,subsection 7a77#b77;,a77i77,,ii74 7#b7 ,subsection 7a77#c77;,a77ii74 7#c7 ,subsection 7c77#a77;,d74 7#d7 ,subsection 7c77#b77;,d74 7#e7 ,subsection 7c77#c77;,a77iv74 7#f7 ,subsection 7c77#d77;,c74 7#g7 ,subsection 7c77#e77;,d74 7b7 ,fur!r ext5sion = c]ta9 en]gy prop]ty ,section #dh7;a77#c77;,a77vii7 is am5d$ by /rik+ ,janu>y #a1 #bjbd & ins]t+ ,janu>y #a1 #bjce4 7c7 ,phase\t ( cr$it ,section #dh7;a7 is am5d$ by /rik+ p>agraphs 7#f7 & 7#g7 & ins]t+ ! foll[+ new p>agraph3 7#f7 ,phase\t = c]ta9 en]gy prop]ty ,9 ! case ( any qualifi$ fuel cell prop]ty1 qualifi$ small w9d prop]ty1 or en]gy prop]ty describ$ 9 clause 7i7 or clause 7ii7 ( p>agraph 7#c77;,a7 ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjai1 & :i* is plac$ 9 s]vice be=e ,janu>y #a1 #bjbb1 ! en]gy p]c5tage det]m9$ "u p>agraph 7#b7 %all be equal to #bf p]c5t4 4 7d7 ,base en]gy p]c5tage am\nt2 phase\t ( c]ta9 en]gy prop]ty 7#a7 ,base en]gy p]c5tage am\nt ,section #dh7;a7 is am5d$-- 7,a7 9 p>agraph 7#b77;,a7-- 7i7 9 clause 7i71 by /rik+ #cj p]c5t & ins]t+ #f p]c5t1 & 7ii7 9 clause 7ii71 by /rik+ #aj p]c5t & ins]t+ #b p]c5t1 & 7,b7 9 p>agraph 7#e77;,a77ii71 by /rik+ #cj p]c5t & ins]t+ #f p]c5t4 7#b7 ,phase\t ( c]ta9 en]gy prop]ty ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#g7 ,phase\t = c]ta9 en]gy prop]ty ,9 ! case ( any en]gy prop]ty describ$ 9 clause 7vii7 ( p>agraph 7#c77;,a71 ! en]gy p]c5tage det]m9$ "u p>agraph 7#b7 %all be equal to-- 7,a7 9 ! case ( any prop]ty ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjcc1 & :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 #f p]c5t1 7,b7 9 ! case ( any prop]ty ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjcb1 & be=e ,janu>y #a1 #bjcd1 #e4b p]c5t1 & 7,c7 9 ! case ( any prop]ty ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjcc1 & be=e ,janu>y #a1 #bjce1 #d4d p]c5t4 4 7e7 #f p]c5t cr$it = geo!rmal ,section #dh7;a77#b77;,a77i77,,ii7 is am5d$ by /rik+ p>agraph 7#c77;,a77i7 & ins]t+ clause 7i7 or 7iii7 ( p>agraph 7#c77;,a74 7f7 ,en]gy /orage te*nologies2 qualifi$ biogas prop]ty2 microgrid controll]s2 ext5sion ( o!r prop]ty 7#a7 ,9 g5]al ,section #dh7;a77#c77;,a7 is am5d$ by /rik+ or at ! end ( clause 7vii71 & by add+ at ! end ! foll[+ new clauses3 7ix7 en]gy /orage te*nology1 7x7 qualifi$ biogas prop]ty1 or 7xi7 microgrid controll]s1 4 7#b7 ,application ( #f p]c5t cr$it ,section #dh7;a77#b77;,a77i7 is am5d$ by /rik+ & at ! end ( subclauses 7,,iv7 & 7,v7 & add+ at ! end ! foll[+ new subclauses3 7,,vi7 en]gy /orage te*nology1 7,,vii7 qualifi$ biogas prop]ty1 7,,viii7 microgrid controll]s1 & 7,,ix7 en]gy prop]ty describ$ 9 clauses 7v7 & 7vii7 ( p>agraph 7#c77;,a71 & 4 7#c7 ,def9itions ,section #dh7;c7 is am5d$ by add+ at ! end ! foll[+ new p>agraphs3 7#f7 ,en]gy /orage te*nology 7,a7 ,9 g5]al ,! t]m en]gy /orage te*nology means-- 7i7 prop]ty 7o!r ?an prop]ty prim>ily us$ 9 ! transportation ( goods or individuals & n = ! production ( electricity7 :i* receives1 /ores1 & deliv]s en]gy = conv]sion to electricity 7or1 9 ! case ( hydrog51 :i* /ores en]gy71 & has a nameplate capacity ( n less ?an #e kil[att h\rs1 & 7ii7 !rmal en]gy /orage prop]ty4 7,b7 ,modifications ( c]ta9 prop]ty ,9 ! case ( any prop]ty :i* ei!r-- 7i7 0 plac$ 9 s]vice be=e ! date ( enactm5t ( ?is section & w\ld be describ$ 9 subp>agraph 7,a77i71 except t su* prop]ty has a capacity ( less ?an #e kil[att h\rs & is modifi$ 9 a mann] t su* prop]ty 7aft] su* modification7 has a nameplate capacity ( n less ?an #e kil[att h\rs1 or 7ii7 is describ$ 9 subp>agraph 7,a77i7 & is modifi$ 9 a mann] t su* prop]ty 7aft] su* modification7 has an increase 9 nameplate capacity ( n less ?an #e kil[att h\rs1 su* prop]ty %all be treat$ z describ$ 9 subp>agraph 7,a77i7 except t ! basis ( any exi/+ prop]ty prior to su* modification %all n be tak5 into acc\nt = purposes ( ?is section4 ,9 ! case ( any prop]ty to :i* ?is subp>agraph applies1 subp>agraph 7,d7 %all be appli$ by sub/itut+ modification = con/ruction4 7,c7 ,!rmal en]gy /orage prop]ty 7i7 ,9 g5]al ,subject to clause 7ii71 = purposes ( ?is p>agraph1 ! t]m !rmal en]gy /orage prop]ty means prop]ty compris+ a sy/em :i*-- 7,i7 is directly connect$ to a heat+1 v5tilation1 or air condition+ sy/em1 7,,ii7 removes heat f1 or adds heat to1 a /orage m$ium = subsequ5t use1 & 7,,iii7 provides en]gy = ! heat+ or cool+ ( ! int]ior ( a resid5tial or comm]cial build+4 7ii7 ,exclusion ,! t]m !rmal en]gy /orage prop]ty %all n include-- 7,i7 a swimm+ pool1 7,,ii7 comb9$ heat & p[] sy/em prop]ty1 or 7,,iii7 a build+ or its /ructural compon5ts4 7,d7 ,t]m9ation ,! t]m en]gy /orage te*nology %all n include any prop]ty ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbd4 7#g7 ,qualifi$ biogas prop]ty 7,a7 ,9 g5]al ,! t]m qualifi$ biogas prop]ty means prop]ty compris+ a sy/em :i*-- 7i7 conv]ts biomass 7z def9$ 9 section #de,k7c77#c71 z 9 effect on ! date ( enactm5t ( ?is p>agraph7 into a gas :i*-- 7,i7 consi/s ( n less ?an #eb p]c5t me?ane by volume1 or 7,,ii7 is conc5trat$ by su* sy/em into a gas :i* consi/s ( n less ?an #eb p]c5t me?ane1 & 7ii7 captures su* gas = sale or productive use1 & n = disposal via combu/ion4 7,b7 ,inclusion ( clean+ & condition+ prop]ty ,! t]m qualifi$ biogas prop]ty includes any prop]ty :i* is "p ( su* sy/em :i* cleans or conditions su* gas4 7,c7 ,t]m9ation ,! t]m qualifi$ biogas prop]ty %all n include any prop]ty ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbd4 7#h7 ,microgrid controll] 7,a7 ,9 g5]al ,! t]m microgrid controll] means equipm5t :i* is-- 7i7 "p ( a qualifi$ microgrid1 & 7ii7 design$ & us$ to monitor & control ! en]gy res\rces & loads on su* microgrid4 7,b7 ,qualifi$ microgrid ,! t]m qualifi$ microgrid means an electrical sy/em :i*-- 7i7 includes equipm5t :i* is capable ( g5]at+ n less ?an #d kil[atts & n great] ?an #bj megawatts ( electricity1 7ii7 is capable ( op]at+-- 7,i7 9 connection ) ! electrical grid & z a s+le controllable entity ) respect to su* grid1 & 7,,ii7 indep5d5tly 7& disconnect$7 f su* grid1 & 7iii7 is n "p ( a bulk-p[] sy/em 7z def9$ 9 section #bae ( ! ,f$]al ,p[] ,act 7#af ,u4,s4,c4 #hbdo774 7,c7 ,t]m9ation ,! t]m microgrid controll] %all n include any prop]ty ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbd4 4 7#d7 ,d5ial ,( ,d\ble ,b5efit ,= ,qualifi$ ,biogas ,prop]ty ,section #de7;e7 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ab7 ,coord9ation ) en]gy cr$it = qualifi$ biogas prop]ty ,! t]m qualifi$ facility %all n include any facility :i* produces electricity f gas produc$ by qualifi$ biogas prop]ty 7z def9$ 9 section #dh7;c77#g77 if a cr$it is all[$ "u section #dh ) respect to su* prop]ty = ! taxable ye> or any prior taxable ye>4 4 7#e7 ,public utility prop]ty ,p>agraph 7#b7 ( section #ej7;d7 is am5d$-- 7,a7 by add+ aft] ! fir/ s5t5ce ! foll[+ new s5t5ce3 ,at ! election ( a taxpay]1 ?is p>agraph %all n apply to any en]gy /orage te*nology 7z def9$ 9 section #dh7;c77#f771 provid$--1 & 7,b7 by add+ ! foll[+ new subp>agraphs3 7,a7 no election "u ?is p>agraph %all be p]mitt$ if ! mak+ ( su* election is prohibit$ by a ,/ate or political subdivision !re(1 by any ag5cy or in/rum5tality ( ! ,unit$ ,/ates1 or by a public s]vice or public utility commission or o!r simil> body ( any ,/ate or political subdivision t regulates public utilities z describ$ 9 section #ggja7;a77#cc77;,a71 7,b7 an election "u ?is p>agraph %all be made sep>ately ) respect to ea* en]gy /orage te*nology by ! due date 7includ+ ext5sions7 ( ! ,f$]al tax return = ! taxable ye> 9 :i* ! en]gy /orage te*nology is plac$ 9 s]vice by ! taxpay]1 & once made1 may be revok$ only ) ! cons5t ( ! ,secret>y1 & 7,c7 an election %all n apply ) respect to any en]gy /orage te*nology if su* en]gy /orage te*nology has a maximum capacity equal to or less ?an #ejj kil[att h\rs4 4 7g7 ,fuel cells us+ electrome*anical processes 7#a7 ,9 g5]al ,section #dh7;c77#a7 is am5d$-- 7,a7 9 subp>agraph 7,a77i7-- 7i7 by ins]t+ or electrome*anical aft] electro*emical1 & 7ii7 by ins]t+ 7#a kil[att 9 ! case ( a fuel cell p[] plant ) a l9e> g5]ator assembly7 aft] #j4e kil[att1 & 7,b7 9 subp>agraph 7,c7-- 7i7 by ins]t+ 1 or l9e> g5]ator assembly1 aft] a fuel cell /ack assembly1 & 7ii7 by ins]t+ or electrome*anical aft] electro*emical4 7#b7 ,l9e> g5]ator assembly limitation ,section #dh7;c77#a7 is am5d$ by r$esignat+ subp>agraph 7,d7 z subp>agraph 7,e7 & by ins]t+ aft] subp>agraph 7,c7 ! foll[+ new subp>agraph3 7,d7 ,l9e> g5]ator assembly ,! t]m l9e> g5]ator assembly does n include any assembly :i* conta9s rotat+ p>ts4 4 7h7 ,dynamic glass ,section #dh7;a77#c77;,a77ii7 is am5d$ by ins]t+ 1 or electro*romic glass :i* uses electricity to *ange its light transmittance prop]ties 9 ord] to heat or cool a /ructure1 aft] sunlight4 7i7 ,coord9ation ) l[ income h\s+ tax cr$it ,p>agraph 7#c7 ( section #ej7;c7 is am5d$-- 7#a7 by /rik+ & at ! end ( subp>agraph 7,a71 7#b7 by /rik+ ! p]iod at ! end ( subp>agraph 7,b7 & ins]t+ 1 &1 & 7#c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 p>agraph 7#a7 %all n apply = purposes ( det]m9+ eligible basis "u section #db4 4 7j7 ,int]connection prop]ty ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,int]connection prop]ty 7,a7 ,9 g5]al ,= purposes ( det]m9+ ! cr$it "u subsection 7a71 en]gy prop]ty %all include am\nts paid or incurr$ by ! taxpay] = qualifi$ int]connection prop]ty 9 connection ) ! in/allation ( en]gy prop]ty 7z def9$ 9 p>agraph 7#c77 :i* has a maximum net output ( n great] ?an #e megawatts 7z measur$ 9 alt]nat+ curr5t71 to provide = ! transmission or di/ribution ( ! electricity produc$ or /or$ by su* prop]ty1 & :i* are prop]ly *>geable to ! capital acc\nt ( ! taxpay]4 7,b7 ,qualifi$ int]connection prop]ty ,! t]m qualifi$ int]connection prop]ty means1 ) respect to an en]gy project :i* is n a microgrid controll]1 any tangible prop]ty-- 7i7 :i* is "p ( an addition1 modification1 or upgrade to a transmission or di/ribution sy/em :i* is requir$ at or beyond ! po9t at :i* ! en]gy project int]connects to su* transmission or di/ribution sy/em 9 ord] to accommodate su* int]connection1 7ii7 ei!r-- 7,i7 :i* is con/ruct$1 recon/ruct$1 or erect$ by ! taxpay]1 or 7,,ii7 = :i* ! co/ ) respect to ! con/ruction1 recon/ruction1 or erection ( su* prop]ty is paid or incurr$ by su* taxpay]1 & 7iii7 ! orig9al use ( :i*1 pursuant to an int]connection agreem5t1 comm5ces ) a utility4 7,c7 ,int]connection agreem5t ,! t]m int]connection agreem5t means an agreem5t ) a utility = ! purposes ( int]connect+ ! en]gy prop]ty own$ by su* taxpay] to ! transmission or di/ribution sy/em ( su* utility4 7,d7 ,utility ,= purposes ( ?is p>agraph1 ! t]m utility means ! own] or op]ator ( an electrical transmission or di/ribution sy/em :i* is subject to ! regulatory au?ority ( a ,/ate or political subdivision !re(1 any ag5cy or in/rum5tality ( ! ,unit$ ,/ates1 a public s]vice or public utility commission or o!r simil> body ( any ,/ate or political subdivision !re(1 or ! gov]n+ or ratemak+ body ( an electric coop]ative4 7,e7 ,special rule = int]connection prop]ty ,9 ! case ( exp5ses paid or incurr$ = int]connection prop]ty1 am\nts o!rwise *>geable to capital acc\nt ) respect to su* exp5ses %all be r$uc$ "u rules simil> to ! rules ( section #ej7;c74 4 7k7 ,en]gy projects1 wage requirem5ts1 & appr5tice%ip requirem5ts ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraphs3 7#i7 ,increas$ cr$it am\nt = en]gy projects 7,a7 ,9 g5]al 7i7 ,rule ,9 ! case ( any en]gy project :i* satisfies ! requirem5ts ( subp>agraph 7,b71 ! am\nt ( ! cr$it det]m9$ "u ?is subsection 7det]m9$ aft] ! application ( p>agraphs 7#a7 ?r\gh 7#h7 & )\t reg>d to ?is clause7 %all be equal to su* am\nt multipli$ by #e4 7ii7 ,en]gy project def9$ ,= purposes ( ?is subsection1 ! t]m en]gy project means a project consi/+ ( "o or m en]gy prop]ties t are "p ( a s+le project4 7,b7 ,project requirem5ts ,a project meets ! requirem5ts ( ?is subp>agraph if x is "o ( ! foll[+3 7i7 ,a project ) a maximum net output ( less ?an #a megawatt ( electrical 7z measur$ 9 alt]nat+ curr5t7 or !rmal en]gy4 7ii7 ,a project ! con/ruction ( :i* beg9s be=e ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#aj77;,a7 & 7#aa74 7iii7 ,a project :i* satisfies ! requirem5ts ( p>agraphs 7#aj77;,a7 & 7#aa74 7#aj7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any en]gy project are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9-- 7i7 ! con/ruction ( su* en]gy project1 & 7ii7 = ! #e-ye> p]iod beg9n+ on ! date su* project is orig9ally plac$ 9 s]vice1 ! alt]ation or repair ( su* project1 %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* project is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 ,subject to subp>agraph 7,c71 = purposes ( any det]m9ation "u p>agraph 7#i77;,a77i7 = ! taxable ye> 9 :i* ! en]gy project is plac$ 9 s]vice1 ! taxpay] %all be deem$ to satisfy ! requirem5t "u clause 7ii7 at ! "t su* project is plac$ 9 s]vice4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7,c7 ,recapture ,! ,secret>y %all1 by regulations or o!r guidance1 provide = recaptur+ ! b5efit ( any increase 9 ! cr$it all[$ "u ?is subsection by reason ( ?is p>agraph ) respect to any project :i* does n satisfy ! requirem5ts "u subp>agraph 7,a7 7aft] application ( subp>agraph 7,b77 = ! p]iod describ$ 9 clause 7ii7 ( subp>agraph 7,a7 7b :i* does n cease to be inve/m5t cr$it prop]ty )9 ! mean+ ( section #ej7;a774 ,! p]iod & p]c5tage ( su* recapture %all be det]m9$ "u rules simil> to ! rules ( section #ej7;a74 7#aa7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 4 7l7 ,dome/ic cont5t2 phase\t = elective paym5t ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraphs3 7#ab7 ,dome/ic cont5t bonus cr$it am\nt 7,a7 ,9 g5]al ,9 ! case ( any en]gy project :i* satisfies ! requirem5t "u subp>agraph 7,b71 = purposes ( apply+ p>agraph 7#b7 ) respect to su* prop]ty1 ! en]gy p]c5tage %all be increas$ by ! applicable cr$it rate increase4 7,b7 ,requirem5t ,rules simil> to ! rules ( section #de7;b77#i77;,b7 %all apply4 7,c7 ,applicable cr$it rate increase ,= purposes ( subp>agraph 7,a71 ! applicable cr$it rate increase %all be-- 7i7 9 ! case ( an en]gy project :i* does n satisfy ! requirem5ts ( p>agraph 7#i77;,b71 #b p]c5tage po9ts1 & 7ii7 9 ! case ( an en]gy project :i* satisfies ! requirem5ts ( p>agraph 7#i77;,b71 #aj p]c5tage po9ts4 7#ac7 ,phase\t = elective paym5t ,9 ! case ( a taxpay] mak+ an election "u section #fdag ) respect to a cr$it "u ?is section1 rules simil> to ! rules ( section #de7;b77#aj7 %all apply4 4 7m7 ,special rule = prop]ty f9anc$ by tax-exempt bonds ,section #dh7;a77#d7 is am5d$ to read z foll[s3 7#d7 ,special rule = prop]ty f9anc$ by tax-exempt bonds ,rules simil> to ! rule "u section #de7;b77#c7 %all apply = purposes ( ?is section4 4 7n7 ,treatm5t ( c]ta9 contracts involv+ en]gy /orage ,section #ggja7;e7 is am5d$-- 7#a7 9 p>agraph 7#c7-- 7,a7 9 subp>agraph 7,a77i71 by /rik+ or at ! end ( subclause 7,,ii71 by /rik+ & at ! end ( subclause 7,,iii7 & ins]t+ or1 & by add+ at ! end ! foll[+ new subclause3 7,,iv7 ! op]ation ( a /orage facility1 & 1 & 7,b7 by add+ at ! end ! foll[+ new subp>agraph3 7,f7 ,/orage facility ,= purposes ( subp>agraph 7,a71 ! t]m /orage facility means a facility :i* uses en]gy /orage te*nology )9 ! mean+ ( section #dh7;c77#f74 1 & 7#b7 9 p>agraph 7#d71 by /rik+ or wat] treatm5t works facility & ins]t+ wat] treatm5t works facility1 or /orage facility4 7o7 ,increase 9 cr$it rate = en]gy communities ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ad7 ,increase 9 cr$it rate = en]gy communities 7,a7 ,9 g5]al ,9 ! case ( any en]gy project t is plac$ 9 s]vice )9 an en]gy community 7z def9$ 9 section #de7;b77#aa77;,b71 z appli$ by sub/itut+ en]gy project = qualifi$ facility ea* place x appe>s71 = purposes ( apply+ p>agraph 7#b7 ) respect to en]gy prop]ty :i* is "p ( su* project1 ! en]gy p]c5tage %all be increas$ by ! applicable cr$it rate increase4 7,b7 ,applicable cr$it rate increase ,= purposes ( subp>agraph 7,a71 ! applicable cr$it rate increase %all be equal to-- 7i7 9 ! case ( any en]gy project :i* does n satisfy ! requirem5ts ( p>agraph 7#i77;,b71 #b p]c5tage po9ts1 & 7ii7 9 ! case ( any en]gy project :i* satisfies ! requirem5ts ( p>agraph 7#i77;,b71 #aj p]c5tage po9ts4 4 7p7 ,regulations ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ae7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7q7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraphs 7#b7 & 7#c71 ! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 7#b7 ,o!r prop]ty ,! am5dm5ts made by subsections 7f71 7g71 7h71 7i71 7j71 7l71 7n71 & 7o7 %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#c7 ,special rule = prop]ty f9anc$ by tax-exempt bonds ,! am5dm5ts made by subsection 7m7 %all apply to prop]ty ! con/ruction ( :i* beg9s aft] ! date ( enactm5t ( ?is ,act4 #acajc4 ,increase 9 en]gy cr$it = sol> & w9d facilities plac$ 9 s]vice 9 connection ) l[-income communities 7a7 ,9 g5]al ,section #dh is am5d$ by add+ at ! end ! foll[+ new subsection3 7e7 ,special rules = c]ta9 sol> & w9d facilities plac$ 9 s]vice 9 connection ) l[-income communities 7#a7 ,9 g5]al ,9 ! case ( any qualifi$ sol> & w9d facility ) respect to :i* ! ,secret>y makes an allocation ( environm5tal ju/ice sol> & w9d capacity limitation "u p>agraph 7#d7-- 7,a7 ! en]gy p]c5tage o!rwise det]m9$ "u p>agraph 7#b7 or 7#e7 ( subsection 7a7 ) respect to any eligible prop]ty :i* is "p ( su* facility %all be increas$ by-- 7i7 9 ! case ( a facility describ$ 9 subclause 7,i7 ( p>agraph 7#b77;,a77iii7 & n describ$ 9 subclause 7,,ii7 ( su* p>agraph1 #aj p]c5tage po9ts1 & 7ii7 9 ! case ( a facility describ$ 9 subclause 7,,ii7 ( p>agraph 7#b77;,a77iii71 #bj p]c5tage po9ts1 & 7,b7 ! increase 9 ! cr$it det]m9$ "u subsection 7a7 by reason ( ?is subsection = any taxable ye> ) respect to all prop]ty :i* is "p ( su* facility %all n exce$ ! am\nt :i* be>s ! same ratio to ! am\nt ( su* increase 7det]m9$ )\t reg>d to ?is subp>agraph7 z-- 7i7 ! environm5tal ju/ice sol> & w9d capacity limitation allocat$ to su* facility1 be>s to 7ii7 ! total megawatt nameplate capacity ( su* facility1 z measur$ 9 direct curr5t4 7#b7 ,qualifi$ sol> & w9d facility ,= purposes ( ?is subsection-- 7,a7 ,9 g5]al ,! t]m qualifi$ sol> & w9d facility means any facility-- 7i7 :i* g5]ates electricity solely f prop]ty describ$ 9 section #de7;d77#a7 or 9 clause 7i7 or 7vi7 ( subsection 7a77#c77;,a71 7ii7 :i* has a maximum net output ( less ?an #e megawatts 7z measur$ 9 alt]nat+ curr5t71 & 7iii7 :i*-- 7,i7 is locat$ 9 a l[-income community 7z def9$ 9 section #de;,d7e77 or on ,indian l& 7z def9$ 9 section #bfja7b7 ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #ceja7b7771 or 7,,ii7 is "p ( a qualifi$ l[-income resid5tial build+ project or a qualifi$ l[-income economic b5efit project4 7,b7 ,qualifi$ l[-income resid5tial build+ project ,a facility %all be treat$ z "p ( a qualifi$ l[-income resid5tial build+ project if-- 7i7 su* facility is in/all$ on a resid5tial r5tal build+ :i* p>ticipates 9 a cov]$ h\s+ program 7z def9$ 9 section #dadaa7;a7 ( ! ,viol5ce ,aga9/ ,wom5 ,act ( #aiid 7#cd ,u4,s4,c4 #abdia7;a77#c771 a h\s+ assi/ance program adm9i/]$ by ! ,dep>tm5t ( ,agriculture "u title ,v ( ! ,h\s+ ,act ( #aidi1 a h\s+ program adm9i/]$ by a tribally designat$ h\s+ entity 7z def9$ 9 section #d7bb7 ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc7bb777 or su* o!r af=dable h\s+ programs z ! ,secret>y may provide1 & 7ii7 ! f9ancial b5efits ( ! electricity produc$ by su* facility are allocat$ equitably among ! occupants ( ! dwell+ units ( su* build+4 7,c7 ,qualifi$ l[-income economic b5efit project ,a facility %all be treat$ z "p ( a qualifi$ l[-income economic b5efit project if at lea/ #ej p]c5t ( ! f9ancial b5efits ( ! electricity produc$ by su* facility are provid$ to h\seholds ) income (-- 7i7 less ?an #bjj p]c5t ( ! pov]ty l9e 7z def9$ 9 section #cf;,b7d77#c77;,a77 applicable to a family ( ! size involv$1 or 7ii7 less ?an #hj p]c5t ( area m$ian gross income 7z det]m9$ "u section #adb7;d77#b77;,b774 7,d7 ,f9ancial b5efit ,= purposes ( subp>agraphs 7,b7 & 7,c71 electricity acquir$ at a bel[-m>ket rate %all n fail to be tak5 into acc\nt z a f9ancial b5efit4 7#c7 ,eligible prop]ty ,= purposes ( ?is section1 ! t]m eligible prop]ty means en]gy prop]ty :i*-- 7,a7 is "p ( a facility describ$ 9 section #de7;d77#a7 = :i* an election 0 made "u subsection 7a77#e71 or 7,b7 is describ$ 9 clause 7i7 or 7vi7 ( subsection 7a77#c77;,a71 includ+ en]gy /orage te*nology 7z describ$ 9 subsection 7a77#c77;,a77ix77 in/all$ 9 connection ) su* en]gy prop]ty4 7#d7 ,allocations 7,a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is subsection1 ! ,secret>y %all e/abli% a program to allocate am\nts ( environm5tal ju/ice sol> & w9d capacity limitation to qualifi$ sol> & w9d facilities4 ,9 e/abli%+ su* program & to c>ry out ! purposes ( ?is subsection1 ! ,secret>y %all provide proc$ures to all[ = an effici5t allocation process1 includ+1 :5 det]m9$ appropriate1 consid]ation ( multiple projects 9 a s+le application if su* projects w be plac$ 9 s]vice by a s+le taxpay]4 7,b7 ,limitation ,! am\nt ( environm5tal ju/ice sol> & w9d capacity limitation allocat$ by ! ,secret>y "u subp>agraph 7,a7 dur+ any cal5d> ye> %all n exce$ ! annual capacity limitation ) respect to su* ye>4 7,c7 ,annual capacity limitation ,= purposes ( ?is p>agraph1 ! t]m annual capacity limitation means #a4h gigawatts ( direct curr5t capacity = ea* ( cal5d> ye>s #bjbc & #bjbd1 & z]o !reaft]4 7,d7 ,c>ryov] ( unus$ limitation ,if ! annual capacity limitation = any cal5d> ye> exce$s ! aggregate am\nt allocat$ = su* ye> "u ?is p>agraph1 su* limitation = ! succe$+ cal5d> ye> %all be increas$ by ! am\nt ( su* excess4 ,no am\nt may be c>ri$ "u ! prec$+ s5t5ce to any cal5d> ye> aft] #bjbd except z provid$ 9 section #dh;,e7h77#d77;,d77ii74 7,e7 ,plac$ 9 s]vice deadl9e 7i7 ,9 g5]al ,p>agraph 7#a7 %all n apply ) respect to any prop]ty :i* is plac$ 9 s]vice aft] ! date t is #d ye>s aft] ! date ( ! allocation ) respect to ! facility ( :i* su* prop]ty is a "p4 7ii7 ,application ( c>ryov] ,any am\nt ( environm5tal ju/ice sol> & w9d capacity limitation :i* expires "u clause 7i7 dur+ any cal5d> ye> %all be tak5 into acc\nt z an excess describ$ 9 subp>agraph 7,d7 7or z an increase 9 su* excess7 = su* cal5d> ye>1 subject to ! limitation impos$ by ! la/ s5t5ce ( su* subp>agraph4 7#e7 ,recapture ,! ,secret>y %all1 by regulations or o!r guidance1 provide = recaptur+ ! b5efit ( any increase 9 ! cr$it all[$ "u subsection 7a7 by reason ( ?is subsection ) respect to any prop]ty :i* ceases to be prop]ty eligible = su* increase 7b :i* does n cease to be inve/m5t cr$it prop]ty )9 ! mean+ ( section #ej7;a774 ,! p]iod & p]c5tage ( su* recapture %all be det]m9$ "u rules simil> to ! rules ( section #ej7;a74 ,to ! ext5t provid$ by ! ,secret>y1 su* recapture may n apply ) respect to any prop]ty if1 )9 #ab mon?s aft] ! date ! taxpay] becomes aw>e 7or reasonably %\ld h become aw>e7 ( su* prop]ty ceas+ to be prop]ty eligible = su* increase1 ! eligibility ( su* prop]ty = su* increase is re/or$4 ,! prec$+ s5t5ce %all n apply m ?an once ) respect to any facility4 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,janu>y #a1 #bjbc4 #acajd4 ,ext5sion & modification ( cr$it = c>bon oxide seque/ration 7a7 ,modification ( c>bon oxide capture requirem5ts 7#a7 ,9 g5]al ,section #de,q7d7 is am5d$ to read z foll[s3 7d7 ,qualifi$ facility ,= purposes ( ?is section1 ! t]m qualifi$ facility means any indu/rial facility or direct air capture facility-- 7#a7 ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjcc1 & ei!r-- 7,a7 con/ruction ( c>bon capture equipm5t beg9s be=e su* date1 or 7,b7 ! orig9al plann+ & design = su* facility includes in/allation ( c>bon capture equipm5t1 & 7#b7 :i*-- 7,a7 9 ! case ( a direct air capture facility1 captures n less ?an #a1jjj metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye>1 7,b7 9 ! case ( an electricity g5]at+ facility-- 7i7 captures n less ?an #ah1gej metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye>1 & 7ii7 ) respect to any c>bon capture equipm5t = ! applicable electric g5]at+ unit at su* facility1 has a capture design capacity ( n less ?an #ge p]c5t ( ! basel9e c>bon oxide production ( su* unit1 or 7,c7 9 ! case ( any o!r facility1 captures n less ?an #ab1ejj metric tons ( qualifi$ c>bon oxide dur+ ! taxable ye>4 4 7#b7 ,def9itions 7,a7 ,9 g5]al ,section #de,q7e7 is am5d$-- 7i7 by r$esignat+ p>agraphs 7#a7 ?r\gh 7#c7 z p>agraphs 7#c7 ?r\gh 7#e71 respectively1 & 7ii7 by ins]t+ aft] ,= purposes ( ?is section-- ! foll[+ new p>agraphs3 7#a7 ,applicable electric g5]at+ unit ,! t]m applicable electric g5]at+ unit means ! pr9cipal electric g5]at+ unit = :i* ! c>bon capture equipm5t is orig9ally plann$ & design$4 7#b7 ,basel9e c>bon oxide production 7,a7 ,9 g5]al ,! t]m basel9e c>bon oxide production means ei!r ( ! foll[+3 7i7 ,9 ! case ( an applicable electric g5]at+ unit :i* 0 orig9ally plac$ 9 s]vice m ?an #a ye> prior to ! date on :i* con/ruction ( ! c>bon capture equipm5t beg9s1 ! av]age annual c>bon oxide production1 by mass1 f su* unit dur+-- 7,i7 9 ! case ( an applicable electric g5]at+ unit :i* 0 orig9ally plac$ 9 s]vice m ?an #a ye> prior to ! date on :i* con/ruction ( ! c>bon capture equipm5t beg9s & on or aft] ! date :i* is #c ye>s prior to ! date on :i* con/ruction ( su* equipm5t beg9s1 ! p]iod beg9n+ on ! date su* unit 0 plac$ 9 s]vice & end+ on ! date on :i* con/ruction ( su* equipm5t began1 & 7,,ii7 9 ! case ( an applicable electric g5]at+ unit :i* 0 orig9ally plac$ 9 s]vice m ?an #c ye>s prior to ! date on :i* con/ruction ( ! c>bon capture equipm5t beg9s1 ! #c ye>s ) ! highe/ annual c>bon oxide production dur+ ! #ab-ye> p]iod prec$+ ! date on :i* con/ruction ( su* equipm5t began4 7ii7 ,9 ! case ( an applicable electric g5]at+ unit :i*-- 7,i7 z ( ! date on :i* con/ruction ( ! c>bon capture equipm5t beg9s1 is n yet plac$ 9 s]vice1 or 7,,ii7 0 plac$ 9 s]vice dur+ ! #a-ye> p]iod prior to ! date on :i* con/ruction ( ! c>bon capture equipm5t beg9s1 ! design$ annual c>bon oxide production1 by mass1 z det]m9$ bas$ on an assum$ capacity factor ( #fj p]c5t4 7,b7 ,capacity factor ,! t]m capacity factor means ! ratio 7express$ z a p]c5tage7 ( ! actual electric output f ! applicable electric g5]at+ unit to ! pot5tial electric output f su* unit4 4 7,b7 ,con=m+ am5dm5t ,section #adb7o77#a77;,b7 is am5d$ by /rik+ section #de,q7e77#a7 & ins]t+ section #de,q7e77#c74 7b7 ,modifi$ applicable doll> am\nt ,section #de,q7b77#a77;,a7 is am5d$-- 7#a7 9 clause 7i7-- 7,a7 9 subclause 7,i71 by /rik+ ! doll> am\nt & all t foll[s ?r\gh su* p]iod & ins]t+ #ag1 & 7,b7 9 subclause 7,,ii71 by /rik+ ! doll> am\nt & all t foll[s ?r\gh su* p]iod & ins]t+ #ab1 & 7#b7 9 clause 7ii7-- 7,a7 9 subclause 7,i71 by /rik+ #ej & ins]t+ #ag1 & 7,b7 9 subclause 7,,ii71 by /rik+ #ce & ins]t+ #ab4 7c7 ,det]m9ation ( applicable doll> am\nt 7#a7 ,9 g5]al ,section #de,q7b77#a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 by r$esignat+ subp>agraph 7,b7 z subp>agraph 7,d71 & 7,b7 by ins]t+ aft] subp>agraph 7,a7 ! foll[+ new subp>agraphs3 7,b7 ,special rule = direct air capture facilities ,9 ! case ( any qualifi$ facility describ$ 9 subsection 7d77#b77;,a7 :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb1 ! applicable doll> am\nt %all be an am\nt equal to ! applicable doll> am\nt o!rwise det]m9$ ) respect to su* qualifi$ facility "u subp>agraph 7,a71 except t su* subp>agraph %all be appli$-- 7i7 by sub/itut+ #cf = #ag ea* place x appe>s1 & 7ii7 by sub/itut+ #bf = #ab ea* place x appe>s4 7,c7 ,applicable doll> am\nt = additional c>bon capture equipm5t ,9 ! case ( any qualifi$ facility :i* is plac$ 9 s]vice be=e ,janu>y #a1 #bjbc1 if any additional c>bon capture equipm5t is in/all$ at su* facility & su* equipm5t is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb1 ! applicable doll> am\nt %all be an am\nt equal to ! applicable doll> am\nt o!rwise det]m9$ "u ?is p>agraph1 except t subp>agraph 7,b7 %all be appli$-- 7i7 by sub/itut+ be=e ,janu>y #a1 #bjbc = aft] ,decemb] #ca1 #bjbb1 & 7ii7 by sub/itut+ ! additional c>bon capture equipm5t in/all$ at su* qualifi$ facility = su* qualifi$ facility4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,section #de,q7b77#a77;,a7 is am5d$ by /rik+ ,! applicable doll> am\nt & ins]t+ ,except z provid$ 9 subp>agraph 7,b7 or 7,c71 ! applicable doll> am\nt4 7,b7 ,section #de,q7b77#a77;,d71 z r$esignat$ by p>agraph 7#a77;,a71 is am5d$ by /rik+ subp>agraph 7,a7 & ins]t+ subp>agraph 7,a71 7,b71 or 7,c74 7d7 ,wage & appr5tice%ip requirem5ts ,section #de,q is am5d$ by r$esignat+ subsection 7h7 z subsection 7i7 & ins]t+ aft] subsection 7g7 foll[+ new subsection3 7h7 ,increas$ cr$it am\nt = qualifi$ facilities & c>bon capture equipm5t 7#a7 ,9 g5]al ,9 ! case ( any qualifi$ facility or any c>bon capture equipm5t :i* satisfy ! requirem5ts ( p>agraph 7#b71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 %all be equal to su* am\nt 7det]m9$ )\t reg>d to ?is s5t5ce7 multipli$ by #e4 7#b7 ,requirem5ts ,! requirem5ts describ$ 9 ?is p>agraph are t-- 7,a7 ) respect to any qualifi$ facility ! con/ruction ( :i* beg9s on or aft] ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c77;,a7 & 7#d71 z well z any c>bon capture equipm5t plac$ 9 s]vice at su* facility-- 7i7 subject to subp>agraph 7,b7 ( p>agraph 7#c71 ! taxpay] satisfies ! requirem5ts "u subp>agraph 7,a7 ( su* p>agraph ) respect to su* facility & equipm5t1 & 7ii7 ! taxpay] satisfies ! requirem5ts "u p>agraph 7#d7 ) respect to ! con/ruction ( su* facility & equipm5t1 7,b7 ) respect to any c>bon capture equipm5t ! con/ruction ( :i* beg9s on or aft] ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c77;,a7 & 7#d71 & :i* is in/all$ at a qualifi$ facility ! con/ruction ( :i* began prior to su* date-- 7i7 subject to subp>agraph 7,b7 ( p>agraph 7#c71 ! taxpay] satisfies ! requirem5ts "u subp>agraph 7,a7 ( su* p>agraph ) respect to su* equipm5t1 & 7ii7 ! taxpay] satisfies ! requirem5ts "u p>agraph 7#d7 ) respect to ! con/ruction ( su* equipm5t1 or 7,c7 ! con/ruction ( c>bon capture equipm5t beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c77;,a7 & 7#d71 & su* equipm5t is in/all$ at a qualifi$ facility ! con/ruction ( :i* beg9s prior to su* date4 7#c7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ facility & any c>bon capture equipm5t plac$ 9 s]vice at su* facility are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9-- 7i7 ! con/ruction ( su* facility or equipm5t1 & 7ii7 ) respect to any taxable ye>1 = any portion ( su* taxable ye> :i* is )9 ! p]iod describ$ 9 p>agraph 7#c77;,a7 or 7#d77;,a7 ( subsection 7a71 ! alt]ation or repair ( su* facility or su* equipm5t1 %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* facility & equipm5t are locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 ,= purposes ( det]m9+ an increas$ cr$it am\nt "u p>agraph 7#a7 = a taxable ye>1 ! requirem5t "u clause 7ii7 ( ?is subp>agraph is appli$ to su* taxable ye> 9 :i* ! alt]ation or repair ( qualifi$ facility occurs4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#d7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#e7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7e7 ,cr$it r$uc$ = tax-exempt bonds ,section #de,q7f7 is am5d$-- 7#a7 by /rik+ ! second p>agraph 7#c71 z add$ at ! end ( su* section by section #hjdjb7;e7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7,public ,law #aag-eh71 & 7#b7 by add+ at ! end ! foll[+ new p>agraph3 7#h7 ,cr$it r$uc$ = tax-exempt bonds ,rules simil> to ! rule "u section #de7;b77#c7 %all apply = purposes ( ?is section4 4 7f7 ,application ( section = c]ta9 c>bon capture equipm5t ,section #de,q7g7 is am5d$ by ins]t+ ! e>li] ( ,janu>y #a1 #bjbc1 & be=e ! end ( ! cal5d> ye>4 7g7 ,election ,section #de,q7f71 z am5d$ by subsection 7e71 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#i7 ,election ,= purposes ( p>agraphs 7#c7 & 7#d7 ( subsection 7a71 a p]son describ$ 9 p>agraph 7#c77;,a77ii7 may elect1 at su* "t & 9 su* mann] z ! ,secret>y may prescribe1 to h ! #ab-ye> p]iod beg9 on ! fir/ day ( ! fir/ taxable ye> 9 :i* a cr$it "u ?is section is claim$ ) respect to c>bon capture equipm5t :i* is orig9ally plac$ 9 s]vice at a qualifi$ facility on or aft] ! date ( ! enactm5t ( ! ,bip>tisan ,budget ,act ( #bjah 7aft] application ( p>agraph 7#f71 :]e applicable7 if-- 7,a7 no taxpay] claim$ a cr$it "u ?is section ) respect to su* c>bon capture equipm5t = any prior taxable ye>1 7,b7 ! qualifi$ facility at :i* su* c>bon capture equipm5t is plac$ 9 s]vice is locat$ 9 an area affect$ by a f$]ally-decl>$ disa/] 7z def9$ by section #afe7;i77#e77;,a77 aft] ! c>bon capture equipm5t is orig9ally plac$ 9 s]vice1 & 7,c7 su* f$]ally-decl>$ disa/] results 9 a cessation ( ! op]ation ( ! qualifi$ facility or ! c>bon capture equipm5t aft] su* equipm5t is orig9ally plac$ 9 s]vice4 4 7h7 ,regulations = basel9e c>bon oxide production ,subsection 7i7 ( section #de,q1 z r$esignat$ by subsection 7d71 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ &1 7#b7 9 p>agraph 7#b71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7#c7 by add+ at ! end ! foll[+ new p>agraph3 7#c7 = purposes ( subsection 7d77#b77;,b77ii71 adju/ ! basel9e c>bon oxide production ) respect to any applicable electric g5]at+ unit at any electricity g5]at+ facility if1 aft] ! date on :i* ! c>bon capture equipm5t is plac$ 9 s]vice1 modifications :i* are *>geable to capital acc\nt are made to su* unit :i* result 9 a significant increase or decrease 9 c>bon oxide production4 4 7i7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraphs 7#b71 7#c71 & 7#d71 ! am5dm5ts made by ?is section %all apply to facilities or equipm5t plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#b7 ,modification ( c>bon oxide capture requirem5ts ,! am5dm5ts made by subsection 7a7 %all apply to facilities or equipm5t ! con/ruction ( :i* beg9s aft] ! date ( enactm5t ( ?is ,act4 7#c7 ,application ( section = c]ta9 c>bon capture equipm5t ,! am5dm5ts made by subsection 7f7 %all take effect on ! date ( enactm5t ( ?is ,act4 7#d7 ,election ,! am5dm5ts made by subsection 7g7 %all apply to c>bon oxide captur$ & dispos$ ( aft] ,decemb] #ca1 #bjba4 #acaje4 ,z]o-emission nucle> p[] production cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by add+ at ! end ! foll[+ new section3 #de,u4 ,z]o-emission nucle> p[] production cr$it 7a7 ,am\nt ( cr$it ,= purposes ( section #ch1 ! z]o-emission nucle> p[] production cr$it = any taxable ye> is an am\nt equal to ! am\nt by :i*-- 7#a7 ! product (-- 7,a7 #j4c c5ts1 multipli$ by 7,b7 ! kil[att h\rs ( electricity-- 7i7 produc$ by ! taxpay] at a qualifi$ nucle> p[] facility1 & 7ii7 sold by ! taxpay] to an unrelat$ p]son dur+ ! taxable ye>1 exce$s 7#b7 ! r$uction am\nt = su* taxable ye>4 7b7 ,def9itions 7#a7 ,qualifi$ nucle> p[] facility ,= purposes ( ?is section1 ! t]m qualifi$ nucle> p[] facility means any nucle> facility-- 7,a7 :i* is own$ by ! taxpay] & :i* uses nucle> en]gy to produce electricity1 7,b7 :i* is n an advanc$ nucle> p[] facility z def9$ 9 subsection 7d77#a7 ( section #de;,j1 & 7,c7 :i* is plac$ 9 s]vice be=e ! date ( ! enactm5t ( ?is section4 7#b7 ,r$uction am\nt 7,a7 ,9 g5]al ,= purposes ( ?is section1 ! t]m r$uction am\nt means1 ) respect to any qualifi$ nucle> p[] facility = any taxable ye>1 ! am\nt equal to ! less] (-- 7i7 ! am\nt det]m9$ "u subsection 7a77#a71 or 7ii7 ! am\nt equal to #af p]c5t ( ! excess (-- 7,i7 subject to subp>agraph 7,b71 ! gross receipts f any electricity produc$ by su* facility 7includ+ any electricity s]vices or products provid$ 9 conjunction ) ! electricity produc$ by su* facility7 & sold to an unrelat$ p]son dur+ su* taxable ye>1 ov] 7,,ii7 ! am\nt equal to ! product (-- 7aa7 #b4e c5ts1 multipli$ by 7bb7 ! am\nt det]m9$ "u subsection 7a77#a77;,b74 7,b7 ,treatm5t ( c]ta9 receipts 7i7 ,9 g5]al ,subject to clause 7iii71 ! am\nt det]m9$ "u subp>agraph 7,a77ii77,i7 %all include any am\nt receiv$ by ! taxpay] dur+ ! taxable ye> ) respect to ! qualifi$ nucle> p[] facility f a z]o-emission cr$it program4 ,= purposes ( det]m9+ ! am\nt receiv$ dur+ su* taxable ye>1 ! taxpay] %all take into acc\nt any r$uctions requir$ "u su* program4 7ii7 ,z]o-emission cr$it program ,= purposes ( ?is subp>agraph1 ! t]m z]o-emission cr$it program means any paym5ts ) respect to a qualifi$ nucle> p[] facility z a result ( any ,f$]al1 ,/ate or local gov]nm5t program =1 9 :ole or 9 "p1 ! z]o-emission1 z]o-c>bon1 or air quality attributes ( any portion ( ! electricity produc$ by su* facility4 7iii7 ,exclusion ,= purposes ( clause 7i71 any am\nt receiv$ by ! taxpay] f a z]o-emission cr$it program %all be exclud$ f ! am\nt det]m9$ "u subp>agraph 7,a77ii77,i7 if ! full am\nt ( ! cr$it calculat$ pursuant to subsection 7a7 7det]m9$ )\t reg>d to ?is subp>agraph7 is us$ to r$uce paym5ts f su* z]o-emission cr$it program4 7#c7 ,electricity ,= purposes ( ?is section1 ! t]m electricity means ! en]gy produc$ by a qualifi$ nucle> p[] facility f ! conv]sion ( nucle> fuel into electric p[]4 7c7 ,o!r rules 7#a7 ,inflation adju/m5t ,! #j4c c5t am\nt 9 subsection 7a77#a77;,a7 & ! #b4e c5t am\nt 9 subsection 7b77#b77;,a77ii77,,ii77aa7 %all ea* be adju/$ by multiply+ su* am\nt by ! inflation adju/m5t factor 7z det]m9$ "u section #de7;e77#b71 z appli$ by sub/itut+ cal5d> ye> #bjbc = cal5d> ye> #aiib 9 subp>agraph 7,b7 !re(7 = ! cal5d> ye> 9 :i* ! sale occurs4 ,if ! #j4c c5t am\nt z increas$ "u ?is p>agraph is n a multiple ( #j4je c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4je c5t4 ,if ! #b4e c5t am\nt z increas$ "u ?is p>agraph is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t4 7#b7 ,special rules ,rules simil> to ! rules ( p>agraphs 7#a71 7#c71 7#d71 & 7#e7 ( section #de7;e7 %all apply = purposes ( ?is section4 7d7 ,wage requirem5ts 7#a7 ,increas$ cr$it am\nt = qualifi$ nucle> p[] facilities ,9 ! case ( any qualifi$ nucle> p[] facility :i* satisfies ! requirem5ts ( p>agraph 7#b77;,a71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 %all be equal to su* am\nt 7z det]m9$ )\t reg>d to ?is s5t5ce7 multipli$ by #e4 7#b7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ nucle> p[] facility are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9 ! alt]ation or repair ( su* facility %all be paid wages at rates n less ?an ! prevail+ rates = alt]ation or repair ( a simil> "* 9 ! locality 9 :i* su* facility is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#c7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 7e7 ,t]m9ation ,?is section %all n apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjcb4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #ch7;b7 is am5d$-- 7,a7 9 p>agraph 7#cb71 by /rik+ plus at ! end1 7,b7 9 p>agraph 7#cc71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#cd7 ! z]o-emission nucle> p[] production cr$it det]m9$ "u section #de,u7a74 4 7#b7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,u4 ,z]o-emission nucle> p[] production cr$it4 4 7c7 ,effective date ,?is section %all apply to electricity produc$ & sold aft] ,decemb] #ca1 #bjbc1 9 taxable ye>s beg9n+ aft] su* date4 #b ,clean ,fuels #acbja4 ,ext5sion ( inc5tives = biodiesel1 r5ewable diesel & alt]native fuels 7a7 ,biodiesel & r5ewable diesel cr$it ,section #dj;,a7g7 is am5d$ by /rik+ ,decemb] #ca1 #bjbb & ins]t+ ,decemb] #ca1 #bjbd4 7b7 ,biodiesel mixture cr$it 7#a7 ,9 g5]al ,section #fdbf7;c77#f7 is am5d$ by /rik+ ,decemb] #ca1 #bjbb & ins]t+ ,decemb] #ca1 #bjbd4 7#b7 ,fuels n us$ = taxable purposes ,section #fdbg7;e77#f77;,b7 is am5d$ by /rik+ ,decemb] #ca1 #bjbb & ins]t+ ,decemb] #ca1 #bjbd4 7c7 ,alt]native fuel cr$it ,section #fdbf7;d77#e7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjbd4 7d7 ,alt]native fuel mixture cr$it ,section #fdbf7;e77#c7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjbd4 7e7 ,paym5ts = alt]native fuels ,section #fdbg7;e77#f77;,c7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjbd4 7f7 ,effective date ,! am5dm5ts made by ?is section %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjba4 7g7 ,special rule ,9 ! case ( any alt]native fuel cr$it prop]ly det]m9$ "u section #fdbf7;d7 ( ! ,int]nal ,rev5ue ,code ( #aihf = ! p]iod beg9n+ on ,janu>y #a1 #bjbb1 & end+ ) ! close ( ! la/ cal5d> qu>t] beg9n+ be=e ! date ( ! enactm5t ( ?is ,act1 su* cr$it %all be all[$1 & any refund or paym5t attributable to su* cr$it 7includ+ any paym5t "u section #fdbg7;e7 ( su* ,code7 %all be made1 only 9 su* mann] z ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate7 %all provide4 ,su* ,secret>y %all issue guidance )9 #cj days aft] ! date ( ! enactm5t ( ?is ,act provid+ = a "o-"t submission ( claims cov]+ p]iods describ$ 9 ! prec$+ s5t5ce4 ,su* guidance %all provide = a #ahj-;day p]iod = ! submission ( su* claims 79 su* mann] z prescrib$ by su* ,secret>y7 to beg9 n lat] ?an #cj days aft] su* guidance is issu$4 ,su* claims %all be paid by su* ,secret>y n lat] ?an #fj days aft] receipt4 ,if su* ,secret>y has n paid pursuant to a claim fil$ "u ?is subsection )9 #fj days aft] ! date ( ! fil+ ( su* claim1 ! claim %all be paid ) int]e/ f su* date det]m9$ by us+ ! ov]paym5t rate & me?od "u section #ffba ( su* ,code4 #acbjb4 ,ext5sion ( second g5]ation bi(uel inc5tives 7a7 ,9 g5]al ,section #dj7;b77#f77;,j77i7 is am5d$ by /rik+ #bjbb & ins]t+ #bjbe4 7b7 ,effective date ,! am5dm5t made by subsection 7a7 %all apply to qualifi$ second g5]ation bi(uel production aft] ,decemb] #ca1 #bjba4 #acbjc4 ,su/a9able aviation fuel cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] section #dj;,a ! foll[+ new section3 #dj;,b4 ,su/a9able aviation fuel cr$it 7a7 ,9 g5]al ,= purposes ( section #ch1 ! su/a9able aviation fuel cr$it det]m9$ "u ?is section = ! taxable ye> is1 ) respect to any sale or use ( a qualifi$ mixture :i* occurs dur+ su* taxable ye>1 an am\nt equal to ! product (-- 7#a7 ! numb] ( gallons ( su/a9able aviation fuel 9 su* mixture1 multipli$ by 7#b7 ! sum (-- 7,a7 #a4be1 plus 7,b7 ! applicable supplem5t>y am\nt ) respect to su* su/a9able aviation fuel4 7b7 ,applicable supplem5t>y am\nt ,= purposes ( ?is section1 ! t]m applicable supplem5t>y am\nt means1 ) respect to any su/a9able aviation fuel1 an am\nt equal to #j4ja = ea* p]c5tage po9t by :i* ! lifecycle gre5h\se gas emissions r$uction p]c5tage ) respect to su* fuel exce$s #ej p]c5t4 ,9 no ev5t %all ! applicable supplem5t>y am\nt det]m9$ "u ?is subsection exce$ #j4ej4 7c7 ,qualifi$ mixture ,= purposes ( ?is section1 ! t]m qualifi$ mixture means a mixture ( su/a9able aviation fuel & k]os5e if-- 7#a7 su* mixture is produc$ by ! taxpay] 9 ! ,unit$ ,/ates1 7#b7 su* mixture is us$ by ! taxpay] 7or sold by ! taxpay] = use7 9 an aircraft1 7#c7 su* sale or use is 9 ! ord9>y c\rse ( a trade or bus9ess ( ! taxpay]1 & 7#d7 ! transf] ( su* mixture to ! fuel tank ( su* aircraft occurs 9 ! ,unit$ ,/ates4 7d7 ,su/a9able aviation fuel 7#a7 ,9 g5]al ,= purposes ( ?is section1 ! t]m su/a9able aviation fuel means liquid fuel1 ! portion ( :i* is n k]os5e1 :i*-- 7,a7 meets ! requirem5ts (-- 7i7 ,,a/m ,int]national ,/&>d ,d#geff1 or 7ii7 ! ,fis*] ,trops* provisions ( ,,a/m ,int]national ,/&>d ,d#afee1 ,annex ,a#a1 7,b7 is n d]iv$ f coprocess+ an applicable mat]ial 7or mat]ials d]iv$ f an applicable mat]ial7 ) a fe$/ock :i* is n biomass1 7,c7 is n d]iv$ f palm fatty acid di/illates or petroleum1 & 7,d7 has be5 c]tifi$ 9 accordance ) subsection 7e7 z hav+ a lifecycle gre5h\se gas emissions r$uction p]c5tage ( at lea/ #ej p]c5t4 7#b7 ,def9itions ,9 ?is subsection-- 7,a7 ,applicable mat]ial ,! t]m applicable mat]ial means-- 7i7 monoglyc]ides1 diglyc]ides1 & triglyc]ides1 7ii7 free fatty acids1 & 7iii7 fatty acid e/]s4 7,b7 ,biomass ,! t]m biomass has ! same mean+ giv5 su* t]m 9 section #de,k7c77#c74 7e7 ,lifecycle gre5h\se gas emissions r$uction p]c5tage ,= purposes ( ?is section1 ! t]m lifecycle gre5h\se gas emissions r$uction p]c5tage means1 ) respect to any su/a9able aviation fuel1 ! p]c5tage r$uction 9 lifecycle gre5h\se gas emissions a*iev$ by su* fuel z comp>$ ) petroleum-bas$ jet fuel1 z def9$ 9 accordance )-- 7#a7 ! mo/ rec5t ,c>bon ,(fsett+ & ,r$uction ,s*eme = ,int]national ,aviation :i* has be5 adopt$ by ! ,int]national ,civil ,aviation ,organization ) ! agreem5t ( ! ,unit$ ,/ates1 or 7#b7 any simil> me?odology :i* satisfies ! crit]ia "u section #baa7o77#a77;,h7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,h771 z 9 effect on ! date ( enactm5t ( ?is section4 7f7 ,regi/ration ( su/a9able aviation fuel produc]s ,no cr$it %all be all[$ "u ?is section ) respect to any su/a9able aviation fuel unless ! produc] or import] ( su* fuel-- 7#a7 is regi/]$ ) ! ,secret>y "u section #daja1 & 7#b7 provides-- 7,a7 c]tification 79 su* =m & mann] z ! ,secret>y %all prescribe7 f an unrelat$ p>ty demon/rat+ compliance )-- 7i7 any g5]al requirem5ts1 supply *a9 traceability requirem5ts1 & in=mation transmission requirem5ts e/abli%$ "u ! ,c>bon ,(fsett+ & ,r$uction ,s*eme = ,int]national ,aviation describ$ 9 p>agraph 7#a7 ( subsection 7e71 or 7ii7 9 ! case ( any me?odology e/abli%$ "u p>agraph 7#b7 ( su* subsection1 requirem5ts simil> to ! requirem5ts describ$ 9 clause 7i71 & 7,b7 su* o!r in=mation ) respect to su* fuel z ! ,secret>y may require = purposes ( c>ry+ out ?is section4 7g7 ,coord9ation ) cr$it aga9/ excise tax ,! am\nt ( ! cr$it det]m9$ "u ?is section ) respect to any su/a9able aviation fuel %all1 "u rules prescrib$ by ! ,secret>y1 be prop]ly r$uc$ to take into acc\nt any b5efit provid$ ) respect to su* su/a9able aviation fuel solely by reason ( ! application ( section #fdbf or #fdbg7;e74 7h7 ,t]m9ation ,?is section %all n apply to any sale or use aft] ,decemb] #ca1 #bjbd4 4 7b7 ,cr$it made "p ( g5]al bus9ess cr$it ,section #ch7;b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by /rik+ plus at ! end ( p>agraph 7#cc71 by /rik+ ! p]iod at ! end ( p>agraph 7#cd7 & ins]t+ 1 plus1 & by ins]t+ aft] p>agraph 7#cd7 ! foll[+ new p>agraph3 7#ce7 ! su/a9able aviation fuel cr$it det]m9$ "u section #dj;,b4 4 7c7 ,coord9ation ) biodiesel inc5tives 7#a7 ,9 g5]al ,section #dj;,a7d77#a7 is am5d$ by ins]t+ or #dj;,b aft] det]m9$ "u section #dj4 7#b7 ,con=m+ am5dm5t ,section #dj;,a7f7 is am5d$ by /rik+ p>agraph 7#d74 7d7 ,su/a9able aviation fuel add$ to cr$it = alcohol fuel1 biodiesel1 & alt]native fuel mixtures 7#a7 ,9 g5]al ,section #fdbf is am5d$ by add+ at ! end ! foll[+ new subsection3 7k7 ,su/a9able aviation fuel cr$it 7#a7 ,9 g5]al ,= purposes ( ?is section1 ! su/a9able aviation fuel cr$it = ! taxable ye> is1 ) respect to any sale or use ( a qualifi$ mixture1 an am\nt equal to ! product (-- 7,a7 ! numb] ( gallons ( su/a9able aviation fuel 9 su* mixture1 multipli$ by 7,b7 ! sum (-- 7i7 #a4be1 plus 7ii7 ! applicable supplem5t>y am\nt ) respect to su* su/a9able aviation fuel4 7#b7 ,def9itions ,any t]m us$ 9 ?is subsection :i* is also us$ 9 section #dj;,b %all h ! mean+ giv5 su* t]m by section #dj;,b4 7#c7 ,regi/ration requirem5t ,= purposes ( ?is subsection1 rules simil> to ! rules ( section #dj;,b7f7 %all apply4 4 7#b7 ,con=m+ am5dm5ts 7,a7 ,section #fdbf is am5d$-- 7i7 9 subsection 7a77#a71 by /rik+ & 7e7 & ins]t+ 7e71 & 7k71 & 7ii7 9 subsection 7h71 by /rik+ "u section #dj or #dj;,a & ins]t+ "u section #dj1 #dj;,a1 or #dj;,b4 7,b7 ,section #fdbg7;e7 is am5d$-- 7i7 9 ! head+1 by /rik+ or alt]native fuel & ins]t+1 alt]native fuel1 or su/a9able aviation fuel1 7ii7 9 p>agraph 7#a71 by ins]t+ or ! su/a9able aviation fuel mixture cr$it aft] alt]native fuel mixture cr$it1 & 7iii7 9 p>agraph 7#f7-- 7,i7 9 subp>agraph 7,c71 by /rik+ & at ! end1 7,,ii7 9 subp>agraph 7,d71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,,iii7 by add+ at ! end ! foll[+ new subp>agraph3 7,e7 any qualifi$ mixture ( su/a9able aviation fuel 7z def9$ 9 section #fdbf7k77#c77 sold or us$ aft] ,decemb] #ca1 #bjbd4 4 7,c7 ,section #daja7;a77#a7 is am5d$ by ins]t+ e p]son produc+ or import+ su/a9able aviation fuel 7z def9$ 9 section #dj;,b71 be=e & e p]son produc+ second g5]ation bi(uel4 7,d7 ,! table ( sections = subp>t ,d ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] ! item relat+ to section #dj;,a ! foll[+ new item3 ,sec4 #dj;,b4 ,su/a9able aviation fuel cr$it4 4 7e7 ,am\nt ( cr$it includ$ 9 gross income ,section #hg is am5d$ by /rik+ & 9 p>agraph 7#a71 by /rik+ ! p]iod at ! end ( p>agraph 7#b7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#c7 ! su/a9able aviation fuel cr$it det]m9$ ) respect to ! taxpay] = ! taxable ye> "u section #dj;,b7a74 4 7f7 ,effective date ,! am5dm5ts made by ?is section %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjbb4 #acbjd4 ,clean hydrog5 7a7 ,cr$it = production ( clean hydrog5 7#a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new section3 #de,v4 ,cr$it = production ( clean hydrog5 7a7 ,am\nt ( cr$it ,= purposes ( section #ch1 ! clean hydrog5 production cr$it = any taxable ye> is an am\nt equal to ! product (-- 7#a7 ! kilograms ( qualifi$ clean hydrog5 produc$ by ! taxpay] dur+ su* taxable ye> at a qualifi$ clean hydrog5 production facility dur+ ! #aj-ye> p]iod beg9n+ on ! date su* facility 0 orig9ally plac$ 9 s]vice1 multipli$ by 7#b7 ! applicable am\nt 7z det]m9$ "u subsection 7b77 ) respect to su* hydrog54 7b7 ,applicable am\nt 7#a7 ,9 g5]al ,= purposes ( subsection 7a77#b71 ! applicable am\nt %all be an am\nt equal to ! applicable p]c5tage ( #j4fj4 ,if any am\nt z det]m9$ "u ! prec$+ s5t5ce is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t4 7#b7 ,applicable p]c5tage ,= purposes ( p>agraph 7#a71 ! applicable p]c5tage %all be det]m9$ z foll[s3 7,a7 ,9 ! case ( any qualifi$ clean hydrog5 :i* is produc$ ?r\gh a process t results 9 a lifecycle gre5h\se gas emissions rate (-- 7i7 n great] ?an #d kilograms ( ,,co#b;e p] kilogram ( hydrog51 & 7ii7 n less ?an #b4e kilograms ( ,,co#b;e p] kilogram ( hydrog51 ! applicable p]c5tage %all be #bj p]c5t4 7,b7 ,9 ! case ( any qualifi$ clean hydrog5 :i* is produc$ ?r\gh a process t results 9 a lifecycle gre5h\se gas emissions rate (-- 7i7 less ?an #b4e kilograms ( ,,co#b;e p] kilogram ( hydrog51 & 7ii7 n less ?an #a4e kilograms ( ,,co#b;e p] kilogram ( hydrog51 ! applicable p]c5tage %all be #be p]c5t4 7,c7 ,9 ! case ( any qualifi$ clean hydrog5 :i* is produc$ ?r\gh a process t results 9 a lifecycle gre5h\se gas emissions rate (-- 7i7 less ?an #a4e kilograms ( ,,co#b;e p] kilogram ( hydrog51 & 7ii7 n less ?an #j4de kilograms ( ,,co#b;e p] kilogram ( hydrog51 ! applicable p]c5tage %all be #cc4d p]c5t4 7,d7 ,9 ! case ( any qualifi$ clean hydrog5 :i* is produc$ ?r\gh a process t results 9 a lifecycle gre5h\se gas emissions rate ( less ?an #j4de kilograms ( ,,co#b;e p] kilogram ( hydrog51 ! applicable p]c5tage %all be #ajj p]c5t4 7#c7 ,inflation adju/m5t ,! #j4fj am\nt 9 p>agraph 7#a7 %all be adju/$ by multiply+ su* am\nt by ! inflation adju/m5t factor 7z det]m9$ "u section #de7;e77#b71 det]m9$ by sub/itut+ #bjbb = #aiib 9 subp>agraph 7,b7 !re(7 = ! cal5d> ye> 9 :i* ! qualifi$ clean hydrog5 is produc$4 ,if any am\nt z increas$ "u ! prec$+ s5t5ce is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t4 7c7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,lifecycle gre5h\se gas emissions 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! t]m #8lifecycle gre5h\se gas emissions' has ! same mean+ giv5 su* t]m "u subp>agraph 7,h7 ( section #baa7o77#a7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a771 z 9 effect on ! date ( enactm5t ( ?is section4 7,b7 ,,greet ,model ,! t]m lifecycle gre5h\se gas emissions %all only include emissions ?r\gh ! po9t ( production 7well-to-gate71 z det]m9$ "u ! mo/ rec5t ,gre5h\se gases1 ,regulat$ ,emissions1 & ,en]gy use 9 ,transportation model 7commonly ref]r$ to z ! ,,greet model7 develop$ by ,argonne ,national ,laboratory1 or a successor model 7z det]m9$ by ! ,secret>y74 7#b7 ,qualifi$ clean hydrog5 7,a7 ,9 g5]al ,! t]m qualifi$ clean hydrog5 means hydrog5 :i* is produc$ ?r\gh a process t results 9 a lifecycle gre5h\se gas emissions rate ( n great] ?an #d kilograms ( ,,co#b;e p] kilogram ( hydrog54 7,b7 ,additional requirem5ts ,su* t]m %all n include any hydrog5 unless-- 7i7 su* hydrog5 is produc$-- 7,i7 9 ! ,unit$ ,/ates 7z def9$ 9 section #fch7a77 or a possession ( ! ,unit$ ,/ates 7z def9$ 9 section #fch7b771 7,,ii7 9 ! ord9>y c\rse ( a trade or bus9ess ( ! taxpay]1 & 7,,iii7 = sale or use1 & 7ii7 ! production & sale or use ( su* hydrog5 is v]ifi$ by an unrelat$ p>ty4 7,c7 ,provisional emissions rate ,9 ! case ( any hydrog5 = :i* a lifecycle gre5h\se gas emissions rate has n be5 det]m9$ = purposes ( ?is section1 a taxpay] produc+ su* hydrog5 may file a petition ) ! ,secret>y = det]m9ation ( ! lifecycle gre5h\se gas emissions rate ) respect to su* hydrog54 7#c7 ,qualifi$ clean hydrog5 production facility ,! t]m qualifi$ clean hydrog5 production facility means a facility-- 7,a7 own$ by ! taxpay]1 7,b7 :i* produces qualifi$ clean hydrog51 & 7,c7 ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjcc4 7d7 ,special rules 7#a7 ,treatm5t ( facilities own$ by m ?an #a taxpay] ,rules simil> to ! rules section #de7;e77#c7 %all apply = purposes ( ?is section4 7#b7 ,coord9ation ) cr$it = c>bon oxide seque/ration ,no cr$it %all be all[$ "u ?is section ) respect to any qualifi$ clean hydrog5 produc$ at a facility :i* includes c>bon capture equipm5t = :i* a cr$it is all[$ to any taxpay] "u section #de,q = ! taxable ye> or any prior taxable ye>4 7e7 ,increas$ cr$it am\nt = qualifi$ clean hydrog5 production facilities 7#a7 ,9 g5]al ,9 ! case ( any qualifi$ clean hydrog5 production facility :i* satisfies ! requirem5ts ( p>agraph 7#b71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 ) respect to qualifi$ clean hydrog5 describ$ 9 subsection 7b77#b7 %all be equal to su* am\nt 7det]m9$ )\t reg>d to ?is s5t5ce7 multipli$ by #e4 7#b7 ,requirem5ts ,a facility meets ! requirem5ts ( ?is p>agraph if x is "o ( ! foll[+3 7,a7 ,a facility-- 7i7 ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c77;,a7 & 7#d71 & 7ii7 :i* meets ! requirem5ts ( p>agraph 7#c77;,a7 ) respect to alt]ation or repair ( su* facility :i* occurs aft] su* date4 7,b7 ,a facility :i* satisfies ! requirem5ts ( p>agraphs 7#c77;,a7 & 7#d74 7#c7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ clean hydrog5 production facility are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9-- 7i7 ! con/ruction ( su* facility1 & 7ii7 ) respect to any taxable ye>1 = any portion ( su* taxable ye> :i* is )9 ! p]iod describ$ 9 subsection 7a77#b71 ! alt]ation or repair ( su* facility1 %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* facility is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 ,= purposes ( det]m9+ an increas$ cr$it am\nt "u p>agraph 7#a7 = a taxable ye>1 ! requirem5t "u clause 7ii7 ( ?is subp>agraph is appli$ to su* taxable ye> 9 :i* ! alt]ation or repair ( qualifi$ facility occurs4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#d7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#e7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 7f7 ,regulations ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! ,secret>y %all issue regulations or o!r guidance to c>ry out ! purposes ( ?is section1 includ+ regulations or o!r guidance = det]m9+ lifecycle gre5h\se gas emissions4 4 7#b7 ,cr$it r$uc$ = tax-exempt bonds ,section #de,v7d71 z add$ by ?is section1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#c7 ,cr$it r$uc$ = tax-exempt bonds ,rules simil> to ! rule "u section #de7;b77#c7 %all apply = purposes ( ?is section4 4 7#c7 ,modification ( exi/+ facilities ,section #de,v7d71 z add$ & am5d$ by ! prec$+ provisions ( ?is section1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#d7 ,modification ( exi/+ facilities ,= purposes ( subsection 7a77#a71 9 ! case ( any facility :i*-- 7,a7 0 orig9ally plac$ 9 s]vice be=e ,janu>y #a1 #bjbc1 &1 prior to ! modification describ$ 9 subp>agraph 7,b71 did n produce qualifi$ clean hydrog51 & 7,b7 aft] ! date su* facility 0 orig9ally plac$ 9 s]vice-- 7i7 is modifi$ to produce qualifi$ clean hydrog51 & 7ii7 am\nts paid or incurr$ ) respect to su* modification are prop]ly *>geable to capital acc\nt ( ! taxpay]1 su* facility %all be deem$ to h be5 orig9ally plac$ 9 s]vice z ( ! date t ! prop]ty requir$ to complete ! modification describ$ 9 subp>agraph 7,b7 is plac$ 9 s]vice4 4 7#d7 ,con=m+ am5dm5ts 7,a7 ,section #ch7;b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7i7 9 p>agraph 7#cd71 by /rik+ plus at ! end1 7ii7 9 p>agraph 7#ce71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7iii7 by add+ at ! end ! foll[+ new p>agraph3 7#cf7 ! clean hydrog5 production cr$it det]m9$ "u section #de,v7a74 4 7,b7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,v4 ,cr$it = production ( clean hydrog54 4 7#e7 ,effective dates 7,a7 ,9 g5]al ,! am5dm5ts made by p>agraphs 7#a7 & 7#d7 ( ?is subsection %all apply to hydrog5 produc$ aft] ,decemb] #ca1 #bjbb4 7,b7 ,cr$it r$uc$ = tax-exempt bonds ,! am5dm5t made by p>agraph 7#b7 %all apply to facilities ! con/ruction ( :i* beg9s aft] ! date ( enactm5t ( ?is ,act4 7,c7 ,modification ( exi/+ facilities ,! am5dm5t made by p>agraph 7#c7 %all apply to modifications made aft] ,decemb] #ca1 #bjbb4 7b7 ,cr$it = electricity produc$ f r5ewable res\rces all[$ if electricity is us$ to produce clean hydrog5 7#a7 ,9 g5]al ,section #de7;e71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new p>agraph3 7#ac7 ,special rule = electricity us$ at a qualifi$ clean hydrog5 production facility ,electricity produc$ by ! taxpay] %all be treat$ z sold by su* taxpay] to an unrelat$ p]son dur+ ! taxable ye> if-- 7,a7 su* electricity is us$ dur+ su* taxable ye> by ! taxpay] or a p]son relat$ to ! taxpay] at a qualifi$ clean hydrog5 production facility 7z def9$ 9 section #de,v7c77#c77 to produce qualifi$ clean hydrog5 7z def9$ 9 section #de,v7c77#b771 & 7,b7 su* use & production is v]ifi$ 79 su* =m or mann] z ! ,secret>y may prescribe7 by an unrelat$ ?ird p>ty4 4 7#b7 ,simil> rule = z]o-emission nucle> p[] production cr$it ,subsection 7c77#b7 ( section #de,u1 z add$ by section #acaje ( ?is ,act1 is am5d$ by /rik+ & 7#e7 & ins]t+ 7#e71 & 7#ac74 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to electricity produc$ aft] ,decemb] #ca1 #bjbb4 7c7 ,election to treat clean hydrog5 production facilities z en]gy prop]ty 7#a7 ,9 g5]al ,section #dh7;a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 by r$esignat+ p>agraph 7#ae7 z p>agraph 7#af71 & 7,b7 by ins]t+ aft] p>agraph 7#ad7 ! foll[+ new p>agraph3 7#ae7 ,election to treat clean hydrog5 production facilities z en]gy prop]ty 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ prop]ty 7z def9$ 9 p>agraph 7#e77;,d77 :i* is "p ( a specifi$ clean hydrog5 production facility-- 7i7 su* prop]ty %all be treat$ z en]gy prop]ty = purposes ( ?is section1 & 7ii7 ! en]gy p]c5tage ) respect to su* prop]ty is-- 7,i7 9 ! case ( a facility :i* is design$ & reasonably expect$ to produce qualifi$ clean hydrog5 :i* is describ$ 9 a subp>agraph 7,a7 ( section #de,v7b77#b71 #a4b p]c5t1 7,,ii7 9 ! case ( a facility :i* is design$ & reasonably expect$ to produce qualifi$ clean hydrog5 :i* is describ$ 9 a subp>agraph 7,b7 ( su* section1 #a4e p]c5t1 7,,iii7 9 ! case ( a facility :i* is design$ & reasonably expect$ to produce qualifi$ clean hydrog5 :i* is describ$ 9 a subp>agraph 7,c7 ( su* section1 #b p]c5t1 & 7,,iv7 9 ! case ( a facility :i* is design$ & reasonably expect$ to produce qualifi$ clean hydrog5 :i* is describ$ 9 subp>agraph 7,d7 ( su* section1 #f p]c5t4 7,b7 ,d5ial ( production cr$it ,no cr$it %all be all[$ "u section #de,v or section #de,q = any taxable ye> ) respect to any specifi$ clean hydrog5 production facility or any c>bon capture equipm5t includ$ at su* facility4 7,c7 ,specifi$ clean hydrog5 production facility ,= purposes ( ?is p>agraph1 ! t]m specifi$ clean hydrog5 production facility means any qualifi$ clean hydrog5 production facility 7z def9$ 9 section #de,v7c77#c77-- 7i7 :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb1 7ii7 ) respect to :i*-- 7,i7 no cr$it has be5 all[$ "u section #de,v or #de,q1 & 7,,ii7 ! taxpay] makes an irrevocable election to h ?is p>agraph apply1 & 7iii7 = :i* an unrelat$ ?ird p>ty has v]ifi$ 79 su* =m or mann] z ! ,secret>y may prescribe7 t su* facility produces hydrog5 ?r\gh a process :i* results 9 lifecycle gre5h\se gas emissions :i* are consi/5t ) ! hydrog5 t su* facility 0 design$ & expect$ to produce "u subp>agraph 7,a77ii74 7,d7 ,qualifi$ clean hydrog5 ,= purposes ( ?is p>agraph1 ! t]m qualifi$ clean hydrog5 has ! mean+ giv5 su* t]m by section #de,v7c77#b74 7,e7 ,regulations ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is section1 includ+ regulations or o!r guidance :i* recaptures s mu* ( any cr$it all[$ "u ?is section z exce$s ! am\nt ( ! cr$it :i* w\ld h be5 all[$ if ! expect$ production 7 consi/5t ) ! actual v]ifi$ production 7or all ( ! cr$it s all[$ 9 ! abs5ce ( su* v]ification74 4 7#b7 ,con=m+ am5dm5t ,p>agraph 7#i77;,a77i7 ( section #dh7;a71 z add$ by section #acajb1 is am5d$ by ins]t+ & p>agraph 7#ae7 aft] p>agraphs 7#a7 ?r\gh 7#h74 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb1 &1 = any prop]ty ! con/ruction ( :i* beg9s prior to ,janu>y #a1 #bjbc1 only to ! ext5t ( ! basis !re( attributable to ! con/ruction1 recon/ruction1 or erection aft] ,decemb] #ca1 #bjbb4 7d7 ,t]m9ation ( excise tax cr$it = hydrog5 7#a7 ,9 g5]al ,section #fdbf7;d77#b7 is am5d$ by /rik+ subp>agraph 7,d7 & by r$esignat+ subp>agraphs 7,e71 7,f71 & 7,g7 z subp>agraphs 7,d71 7,e71 & 7,f71 respectively4 7#b7 ,con=m+ am5dm5t ,section #fdbf7;e77#b7 is am5d$ by /rik+ 7,f7 & ins]t+ 7,e74 7#c7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to fuel sold or us$ aft] ,decemb] #ca1 #bjbb4 #c ,clean en]gy & effici5cy inc5tives = individuals #accja4 ,ext5sion1 increase1 & modifications ( nonbus9ess en]gy prop]ty cr$it 7a7 ,ext5sion ( cr$it ,section #be;,c7g77#b7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjcb4 7b7 ,all[ance ( cr$it ,section #be;,c7a7 is am5d$ to read z foll[s3 7a7 ,all[ance ( cr$it ,9 ! case ( an individual1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by ?is *apt] = ! taxable ye> an am\nt equal to #cj p]c5t ( ! sum (-- 7#a7 ! am\nt paid or incurr$ by ! taxpay] = qualifi$ en]gy effici5cy improvem5ts in/all$ dur+ su* taxable ye>1 & 7#b7 ! am\nt ( ! resid5tial en]gy prop]ty exp5ditures paid or incurr$ by ! taxpay] dur+ su* taxable ye>4 4 7c7 ,application ( annual limitation 9 lieu ( lifetime limitation ,section #be;,c7b7 is am5d$ to read z foll[s3 7b7 ,limitations 7#a7 ,9 g5]al ,! cr$it all[$ "u ?is section ) respect to any taxpay] = any taxable ye> %all n exce$ #a1bjj4 7#b7 ,en]gy prop]ty ,! cr$it all[$ "u ?is section by reason ( subsection 7a77#b7 ) respect to any taxpay] = any taxable ye> %all n exce$1 ) respect to any item ( qualifi$ en]gy prop]ty1 #fjj4 7#c7 ,w9d[s ,! cr$it all[$ "u ?is section by reason ( subsection 7a77#a7 ) respect to any taxpay] = any taxable ye> %all n exce$1 9 ! aggregate ) respect to all ext]ior w9d[s & skylights1 #fjj4 7#d7 ,doors ,! cr$it all[$ "u ?is section by reason ( subsection 7a77#a7 ) respect to any taxpay] = any taxable ye> %all n exce$-- 7,a7 #bej 9 ! case ( any ext]ior door1 & 7,b7 #ejj 9 ! aggregate ) respect to all ext]ior doors4 7#e7 ,heat pump & heat pump wat] heat]s2 biomass /oves & boil]s ,not)/&+ p>agraphs 7#a7 & 7#b71 ! cr$it all[$ "u ?is section by reason ( subsection 7a77#b7 ) respect to any taxpay] = any taxable ye> %all n1 9 ! aggregate1 exce$ #b1jjj ) respect to am\nts paid or incurr$ = prop]ty describ$ 9 clauses 7i7 & 7ii7 ( subsection 7d77#b77;,a7 & 9 subsection 7d77#b77;,b74 4 7d7 ,modifications relat$ to qualifi$ en]gy effici5cy improvem5ts 7#a7 ,/&>ds = en]gy effici5t build+ envelope compon5ts ,section #be;,c7c77#b7 is am5d$ by /rik+ meets-- & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ ! foll[+3 meets-- 7,a7 9 ! case ( an ext]ior w9d[ or skylight1 ,en]gy ,/> mo/ effici5t c]tification requirem5ts1 7,b7 9 ! case ( an ext]ior door1 applicable ,en]gy ,/> requirem5ts1 & 7,c7 9 ! case ( any o!r compon5t1 ! prescriptive crit]ia = su* compon5t e/abli%$ by ! mo/ rec5t ,int]national ,en]gy ,cons]vation ,code /&>d 9 effect z ( ! beg9n+ ( ! cal5d> ye> :i* is #b ye>s prior to ! cal5d> ye> 9 :i* su* compon5t is plac$ 9 s]vice4 4 7#b7 ,ro(s n treat$ z build+ envelope compon5ts ,section #be;,c7c77#c7 is am5d$ by add+ & at ! end ( subp>agraph 7,b71 by /rik+ 1 & at ! end ( subp>agraph 7,c7 & ins]t+ a p]iod1 & by /rik+ subp>agraph 7,d74 7#c7 ,air seal+ insulation add$ to def9ition ( build+ envelope compon5t ,section #be;,c7c77#c77;,a7 is am5d$ by ins]t+ 1 includ+ air seal+ mat]ial or sy/em1 aft] mat]ial or sy/em4 7e7 ,modification ( resid5tial en]gy prop]ty exp5ditures ,section #be;,c7d7 is am5d$ to read z foll[s3 7d7 ,resid5tial en]gy prop]ty exp5ditures ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m resid5tial en]gy prop]ty exp5ditures means exp5ditures made by ! taxpay] = qualifi$ en]gy prop]ty :i* is-- 7,a7 in/all$ on or 9 connection ) a dwell+ unit locat$ 9 ! ,unit$ ,/ates & us$ z a resid5ce by ! taxpay]1 & 7,b7 orig9ally plac$ 9 s]vice by ! taxpay]4 ,su* t]m includes exp5ditures = labor co/s prop]ly allocable to ! onsite prep>ation1 assembly1 or orig9al in/allation ( ! prop]ty4 7#b7 ,qualifi$ en]gy prop]ty ,! t]m qualifi$ en]gy prop]ty means any ( ! foll[+3 7,a7 ,any ( ! foll[+ :i* meet or exce$ ! highe/ effici5cy ti] 7n includ+ any advanc$ ti]7 e/abli%$ by ! ,consortium = ,en]gy ,effici5cy :i* is 9 effect z ( ! beg9n+ ( ! cal5d> ye> 9 :i* ! prop]ty is plac$ 9 s]vice3 7i7 ,an electric or natural gas heat pump wat] heat]4 7ii7 ,an electric or natural gas heat pump4 7iii7 ,a c5tral air condition]4 7iv7 ,a natural gas1 propane1 or oil wat] heat]4 7v7 ,a natural gas1 propane1 or oil furnace or hot wat] boil]4 7,b7 ,a biomass /ove or boil] :i*-- 7i7 uses ! burn+ ( biomass fuel to heat a dwell+ unit locat$ 9 ! ,unit$ ,/ates & us$ z a resid5ce by ! taxpay]1 or to heat wat] = use 9 su* a dwell+ unit1 & 7ii7 has a !rmal effici5cy rat+ ( at lea/ #ge p]c5t 7measur$ by ! high] heat+ value ( ! fuel74 7,c7 ,any oil furnace or hot wat] boil] :i*-- 7i7 is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb1 & be=e ,janu>y #a1 #bjbg1 &-- 7,i7 meets or exce$s #bjba ,en]gy ,/> effici5cy crit]ia1 & 7,,ii7 is rat$ by ! manufactur] = use ) fuel bl5ds at lea/ #bj p]c5t ( ! volume ( :i* consi/s ( an eligible fuel1 or 7ii7 is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbf1 &-- 7,i7 a*ieves an annual fuel utilization effici5cy rate ( n less ?an #ij1 & 7,,ii7 is rat$ by ! manufactur] = use ) fuel bl5ds at lea/ #ej p]c5t ( ! volume ( :i* consi/s ( an eligible fuel4 7,d7 ,any improvem5t to1 or replacem5t (1 a panelbo>d1 sub-panelbo>d1 bran* circuits1 or fe$]s :i*-- 7i7 is in/all$ 9 a mann] consi/5t ) ! ,national ,electric ,code1 7ii7 has a load capacity ( n less ?an #bjj amps1 7iii7 is in/all$ 9 conjunction )-- 7,i7 any qualifi$ en]gy effici5cy improvem5ts1 or 7,,ii7 any qualifi$ en]gy prop]ty describ$ 9 subp>agraphs 7,a7 ?r\gh 7,c7 = :i* a cr$it is all[$ "u ?is section = exp5ditures ) respect to su* prop]ty1 & 7iv7 enables ! in/allation & use ( any prop]ty describ$ 9 subclause 7,i7 or 7,,ii7 ( clause 7iii74 7#c7 ,eligible fuel ,= purposes ( p>agraph 7#b71 ! t]m eligible fuel means-- 7,a7 biodiesel & r5ewable diesel 7)9 ! mean+ ( section #dj;,a71 & 7,b7 second g5]ation bi(uel 7)9 ! mean+ ( section #dj74 4 7f7 ,home en]gy audits 7#a7 ,9 g5]al ,section #be;,c7a71 z am5d$ by subsection 7b71 is am5d$ by /rik+ & at ! end ( p>agraph 7#a71 by /rik+ ! p]iod at ! end ( p>agraph 7#b7 & ins]t+ 1 &1 & by add+ at ! end ! foll[+ new p>agraph3 7#c7 ! am\nt paid or incurr$ by ! taxpay] dur+ ! taxable ye> = home en]gy audits4 4 7#b7 ,limitation ,section #be;,c7b71 z am5d$ by subsection 7c71 is am5d$ add+ at ! end ! foll[+ new p>agraph3 7#f7 ,home en]gy audits 7,a7 ,doll> limitation ,! am\nt ( ! cr$it all[$ "u ?is section by reason ( subsection 7a77#c7 %all n exce$ #aej4 7,b7 ,sub/antiation requirem5t ,no cr$it %all be all[$ "u ?is section by reason ( subsection 7a77#c7 unless ! taxpay] includes ) ! taxpay]'s return ( tax su* in=mation or docum5tation z ! ,secret>y may require4 4 7#c7 ,home en]gy audits 7,a7 ,9 g5]al ,section #be;,c is am5d$ by r$esignat+ subsections 7e71 7f71 & 7g71 z subsections 7f71 7g71 & 7h71 respectively1 & by ins]t+ aft] subsection 7d7 ! foll[+ new subsection3 7e7 ,home en]gy audits ,= purposes ( ?is section1 ! t]m home en]gy audit means an inspection & writt5 report ) respect to a dwell+ unit locat$ 9 ! ,unit$ ,/ates & own$ or us$ by ! taxpay] z ! taxpay]'s pr9cipal resid5ce 7)9 ! mean+ ( section #aba7 :i*-- 7#a7 id5tifies ! mo/ significant & co/-effective en]gy effici5cy improvem5ts ) respect to su* dwell+ unit1 includ+ an e/imate ( ! en]gy & co/ sav+s ) respect to ea* su* improvem5t1 & 7#b7 is conduct$ & prep>$ by a home en]gy auditor t meets ! c]tification or o!r requirem5ts specifi$ by ! ,secret>y 9 regulations or o!r guidance 7z prescrib$ by ! ,secret>y n lat] ?an #cfe days aft] ! date ( ! enactm5t ( ?is subsection74 4 7,b7 ,con=m+ am5dm5t ,section #ajaf7;a77#cc7 is am5d$ by /rik+ section #be;,c7f7 & ins]t+ section #be;,c7g74 7#d7 ,lack ( sub/antiation treat$ z ma!matical or cl]ical error ,section #fbac7;g77#b7 is am5d$-- 7,a7 9 subp>agraph 7,p71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,q71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by ins]t+ aft] subp>agraph 7,q7 ! foll[+3 7,r7 an omission ( in=mation or docum5tation requir$ "u section #be;,c7b77#f77;,b7 7relat+ to home en]gy audits7 to be includ$ on a return4 4 7g7 ,id5tification numb] requirem5t 7#a7 ,9 g5]al ,section #be;,c1 z am5d$ by ?is section1 is am5d$ by r$esignat+ subsection 7h7 z subsection 7i7 & by ins]t+ aft] subsection 7g7 ! foll[+ new subsection3 7h7 ,product id5tification numb] requirem5t 7#a7 ,9 g5]al ,no cr$it %all be all[$ "u subsection 7a7 ) respect to any item ( specifi$ prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd1 unless-- 7,a7 su* item is produc$ by a qualifi$ manufactur]1 & 7,b7 ! taxpay] includes ! qualifi$ product id5tification numb] ( su* item on ! return ( tax = ! taxable ye>4 7#b7 ,qualifi$ product id5tification numb] ,= purposes ( ?is section1 ! t]m qualifi$ product id5tification numb] means1 ) respect to any item ( specifi$ prop]ty1 ! product id5tification numb] assign$ to su* item by ! qualifi$ manufactur] pursuant to ! me?odology ref]r$ to 9 p>agraph 7#c74 7#c7 ,qualifi$ manufactur] ,= purposes ( ?is section1 ! t]m qualifi$ manufactur] means any manufactur] ( specifi$ prop]ty :i* ent]s into an agreem5t ) ! ,secret>y :i* provides t su* manufactur] w-- 7,a7 assign a product id5tification numb] to ea* item ( specifi$ prop]ty produc$ by su* manufactur] utiliz+ a me?odology t w ensure t su* numb] 7includ+ any alphanum]ic7 is unique to ea* su* item 7by utiliz+ numb]s or lett]s :i* are unique to su* manufactur] or by su* o!r me?od z ! ,secret>y may provide71 7,b7 label su* item ) su* numb] 9 su* mann] z ! ,secret>y may provide1 & 7,c7 make p]iodic writt5 reports to ! ,secret>y 7at su* times & 9 su* mann] z ! ,secret>y may provide7 ( ! product id5tification numb]s s assign$ & includ+ su* in=mation z ! ,secret>y may require ) respect to ! item ( specifi$ prop]ty to :i* su* numb] 0 s assign$4 7#d7 ,specifi$ prop]ty ,= purposes ( ?is subsection1 ! t]m specifi$ prop]ty means any qualifi$ en]gy prop]ty & any prop]ty describ$ 9 subp>agraph 7,b7 or 7,c7 ( subsection 7c77#c74 4 7#b7 ,omission ( correct product id5tification numb] treat$ z ma!matical or cl]ical error ,section #fbac7;g77#b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 subp>agraph 7,q71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,r71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by ins]t+ aft] subp>agraph 7,r7 ! foll[+3 7,s7 an omission ( a correct product id5tification numb] requir$ "u section #be;,c7h7 7relat+ to cr$it = nonbus9ess en]gy prop]ty7 to be includ$ on a return4 4 7h7 ,en]gy ,effici5t ,home ,improvem5t ,cr$it 7#a7 ,9 g5]al ,! head+ = section #be;,c is am5d$ by /rik+ ,nonbus9ess en]gy prop]ty & ins]t+ ,en]gy effici5t home improvem5t cr$it4 7#b7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by /rik+ ! item relat+ to section #be;,c & ins]t+ aft] ! item relat+ to section #be;,b ! foll[+ item3 ,sec4 #be;,c4 ,en]gy effici5t home improvem5t cr$it4 4 7i7 ,effective dates 7#a7 ,9 g5]al ,except z o!rwise provid$ by ?is subsection1 ! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#b7 ,ext5sion ( cr$it ,! am5dm5ts made by subsection 7a7 %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 7#c7 ,id5tification numb] requirem5t ,! am5dm5ts made by subsection 7g7 %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 #accjb4 ,resid5tial clean en]gy cr$it 7a7 ,ext5sion ( cr$it 7#a7 ,9 g5]al ,section #be;,d7h7 is am5d$ by /rik+ ,decemb] #ca1 #bjbc & ins]t+ ,decemb] #ca1 #bjcd4 7#b7 ,application ( phase\t ,section #be;,d7g7 is am5d$-- 7,a7 9 p>agraph 7#b71 by /rik+ be=e ,janu>y #a1 #bjbc1 #bf p]c5t1 & & ins]t+ be=e ,janu>y #a1 #bjbb1 #bf p]c5t11 & 7,b7 by /rik+ p>agraph 7#c7 & by ins]t+ aft] p>agraph 7#b7 ! foll[+ new p>agraphs3 7#c7 9 ! case ( prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjba1 & be=e ,janu>y #a1 #bjcc1 #cj p]c5t1 7#d7 9 ! case ( prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjcb1 & be=e ,janu>y #a1 #bjcd1 #bf p]c5t1 & 7#e7 9 ! case ( prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjcc1 & be=e ,janu>y #a1 #bjce1 #bb p]c5t4 4 7b7 ,resid5tial clean en]gy cr$it = batt]y /orage te*nology2 c]ta9 exp5ditures disall[$ 7#a7 ,all[ance ( cr$it ,p>agraph 7#f7 ( section #be;,d7a7 is am5d$ to read z foll[s3 7#f7 ! qualifi$ batt]y /orage te*nology exp5ditures1 4 7#b7 ,def9ition ( qualifi$ batt]y /orage te*nology exp5diture ,p>agraph 7#f7 ( section #be;,d7d7 is am5d$ to read z foll[s3 7#f7 ,qualifi$ batt]y /orage te*nology exp5diture ,! t]m qualifi$ batt]y /orage te*nology exp5diture means an exp5diture = batt]y /orage te*nology :i*-- 7,a7 is in/all$ 9 connection ) a dwell+ unit locat$ 9 ! ,unit$ ,/ates & us$ z a resid5ce by ! taxpay]1 & 7,b7 has a capacity ( n less ?an #c kil[att h\rs4 4 7c7 ,con=m+ am5dm5ts 7#a7 ,section #be;,d7d77#c7 is am5d$ by ins]t+ 1 )\t reg>d to subp>agraph 7,d7 !re( aft] section #dh7;c77#a74 7#b7 ,! head+ = section #be;,d is am5d$ by /rik+ en]gy effici5t prop]ty & ins]t+ clean en]gy cr$it4 7#c7 ,! table ( sections = subp>t ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by /rik+ ! item relat+ to section #be;,d & ins]t+ ! foll[+3 ,sec4 #be;,d4 ,resid5tial clean en]gy cr$it4 4 7d7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all apply to exp5ditures made aft] ,decemb] #ca1 #bjba4 7#b7 ,resid5tial clean en]gy cr$it = batt]y /orage te*nology2 c]ta9 exp5ditures disall[$ ,! am5dm5ts made by subsection 7b7 %all apply to exp5ditures made aft] ,decemb] #ca1 #bjbb4 #accjc4 ,en]gy effici5t comm]cial build+s d$uction 7a7 ,9 g5]al 7#a7 ,maximum am\nt ( d$uction ,subsection 7b7 ( section #agi;,d is am5d$ to read z foll[s3 7b7 ,maximum am\nt ( d$uction 7#a7 ,9 g5]al ,! d$uction "u subsection 7a7 ) respect to any build+ = any taxable ye> %all n exce$ ! excess 7if any7 (-- 7,a7 ! product (-- 7i7 ! applicable doll> value1 & 7ii7 ! squ>e footage ( ! build+1 ov] 7,b7 ! aggregate am\nt ( ! d$uctions "u subsections 7a7 & 7f7 ) respect to ! build+ = ! #c taxable ye>s imm$iately prec$+ su* taxable ye> 7or1 9 ! case ( any su* d$uction all[able to a p]son o!r ?an ! taxpay]1 = any taxable ye> end+ dur+ ! #d-taxable-ye> p]iod end+ ) su* taxable ye>74 7#b7 ,applicable doll> value ,= purposes ( p>agraph 7#a77;,a77i71 ! applicable doll> value %all be an am\nt equal to #j4ej increas$ 7b n above #a4jj7 by #j4jb = ea* p]c5tage po9t by :i* ! total annual en]gy & p[] co/s = ! build+ are c]tifi$ to be r$uc$ by a p]c5tage great] ?an #be p]c5t4 7#c7 ,increas$ d$uction am\nt = c]ta9 prop]ty 7,a7 ,9 g5]al ,9 ! case ( any prop]ty :i* satisfies ! requirem5ts ( subp>agraph 7,b71 p>agraph 7#b7 %all be appli$ by sub/itut+ #b4ej = #j4ej1 4#aj = 4#jb1 & #e4jj = #a4jj4 7,b7 ,prop]ty requirem5ts ,9 ! case ( any en]gy effici5t comm]cial build+ prop]ty1 en]gy effici5t build+ retr(it prop]ty1 or prop]ty in/all$ pursuant to a qualifi$ retr(it plan1 su* prop]ty %all meet ! requirem5ts ( ?is subp>agraph if -- 7i7 in/allation ( su* prop]ty beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#d77;,a7 & 7#e71 or 7ii7 in/allation ( su* prop]ty satisfies ! requirem5ts ( p>agraphs 7#d77;,a7 & 7#e74 7#d7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any prop]ty are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9 ! in/allation ( any prop]ty %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* prop]ty is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#e7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#f7 ,regulations ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7#b7 ,modification ( effici5cy /&>d ,section #agi;,d7c77#a77;,d7 is am5d$ by /rik+ #ej p]c5t & ins]t+ #be p]c5t4 7#c7 ,ref]5ce ,/&>d ,section #agi;,d7c77#b7 is am5d$ by /rik+ ! mo/ rec5t & ins]t+ ! foll[+3 ! m rec5t (-- 7,a7 ,/&>d #ij4a-bjjg publi%$ by ! ,am]ican ,society ( ,heat+1 ,refrig]at+1 & ,air ,condition+ ,eng9e]s & ! ,illum9at+ ,eng9e]+ ,society ( ,nor? ,am]ica1 or 7,b7 ! mo/ rec5t 4 7#d7 ,f9al det]m9ation2 ext5sion ( p]iod2 plac$ 9 s]vice deadl9e ,subp>agraph 7,b7 ( section #agi;,d7c77#b71 z am5d$ by p>agraph 7#c71 is am5d$-- 7,a7 by ins]t+ = :i* ! ,dep>tm5t ( ,en]gy has issu$ a f9al det]m9ation & be=e :i* has be5 affirm$1 7,b7 by /rik+ #b ye>s & ins]t+ #d ye>s1 & 7,c7 by /rik+ t con/ruction ( su* prop]ty beg9s & ins]t+ su* prop]ty is plac$ 9 s]vice4 7#e7 ,elim9ation ( p>tial all[ance 7,a7 ,9 g5]al ,section #agi;,d7d7 is am5d$-- 7i7 by /rik+ p>agraph 7#a71 & 7ii7 by r$esignat+ p>agraphs 7#b7 ?r\gh 7#f7 z p>agraphs 7#a7 ?r\gh 7#e71 respectively4 7,b7 ,con=m+ am5dm5ts 7i7 ,section #agi;,d7c77#a77;,d7 is am5d$-- 7,i7 by /rik+ subsection 7d77#f7 & ins]t+ subsection 7d77#e71 & 7,,ii7 by /rik+ subsection 7d77#b7 & ins]t+ subsection 7d77#a74 7ii7 ,p>agraph 7#b77;,a7 ( section #agi;,d7d71 z r$esignat$ by subp>agraph 7,a71 is am5d$ by /rik+ p>agraph 7#b7 & ins]t+ p>agraph 7#a74 7iii7 ,p>agraph 7#d7 ( section #agi;,d7d71 z r$esignat$ by subp>agraph 7,a71 is am5d$ by /rik+ p>agraph 7#c77;,b77iii7 & ins]t+ p>agraph 7#b77;,b77iii74 7iv7 ,section #agi;,d is am5d$ by /rik+ subsection 7f74 7v7 ,section #agi;,d7h7 is am5d$ by /rik+ or 7d77#a77;,a74 7#f7 ,allocation ( d$uction by c]ta9 tax-exempt entities ,p>agraph 7#c7 ( section #agi;,d7d71 z r$esignat$ by p>agraph 7#e77;,a71 is am5d$ to read z foll[s3 7#c7 ,allocation ( d$uction by c]ta9 tax-exempt entities 7,a7 ,9 g5]al ,9 ! case ( en]gy effici5t comm]cial build+ prop]ty in/all$ on or 9 prop]ty own$ by a specifi$ tax-exempt entity1 ! ,secret>y %all promulgate regulations or guidance to all[ ! allocation ( ! d$uction to ! p]son prim>ily responsible = design+ ! prop]ty 9 lieu ( ! own] ( su* prop]ty4 ,su* p]son %all be treat$ z ! taxpay] = purposes ( ?is section4 7,b7 ,specifi$ tax-exempt entity ,= purposes ( ?is p>agraph1 ! t]m specifi$ tax-exempt entity means-- 7i7 ! ,unit$ ,/ates1 any ,/ate or political subdivision !re(1 any possession ( ! ,unit$ ,/ates1 or any ag5cy or in/rum5tality ( any ( ! =ego+1 7ii7 an ,indian tribal gov]nm5t 7z def9$ 9 section #cj;,d7g77#i77 or ,alaska ,native ,corporation 7z def9$ 9 section #c ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afjb7m771 & 7iii7 any organization exempt f tax impos$ by ?is *apt]4 4 7#g7 ,alt]native d$uction = en]gy effici5t build+ retr(it prop]ty ,section #agi;,d1 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$ by ins]t+ aft] subsection 7e7 ! foll[+ new subsection3 7f7 ,alt]native d$uction = en]gy effici5t build+ retr(it prop]ty 7#a7 ,9 g5]al ,9 ! case ( a taxpay] :i* elects 7at su* "t & 9 su* mann] z ! ,secret>y may provide7 ! application ( ?is subsection ) respect to any qualifi$ build+1 !re %all be all[$ z a d$uction = ! taxable ye> :i* includes ! date ( ! qualify+ f9al c]tification ) respect to ! qualifi$ retr(it plan ( su* build+1 an am\nt equal to ! less] (-- 7,a7 ! excess describ$ 9 subsection 7b7 7det]m9$ by sub/itut+ en]gy use int5sity = total annual en]gy & p[] co/s 9 p>agraph 7#b7 !re(71 or 7,b7 ! aggregate adju/$ basis 7det]m9$ aft] tak+ into acc\nt all adju/m5ts ) respect to su* taxable ye> o!r ?an ! r$uction "u subsection 7e77 ( en]gy effici5t build+ retr(it prop]ty plac$ 9 s]vice by ! taxpay] pursuant to su* qualifi$ retr(it plan4 7#b7 ,qualifi$ retr(it plan ,= purposes ( ?is subsection1 ! t]m qualifi$ retr(it plan means a writt5 plan prep>$ by a qualifi$ pr(essional :i* specifies modifications to a build+ :i*1 9 ! aggregate1 are expect$ to r$uce su* build+'s en]gy use int5sity by #be p]c5t or m 9 comp>ison to ! basel9e en]gy use int5sity ( su* build+4 ,su* plan %all provide = a qualifi$ pr(essional to-- 7,a7 z ( any date dur+ ! #a-ye> p]iod end+ on ! date on :i* ! prop]ty in/all$ pursuant to su* plan is plac$ 9 s]vice1 c]tify ! en]gy use int5sity ( su* build+ z ( su* date1 7,b7 c]tify ! /atus ( prop]ty in/all$ pursuant to su* plan z meet+ ! requirem5ts ( subp>agraphs 7,b7 & 7,c7 ( p>agraph 7#c71 & 7,c7 z ( any date t is m ?an #a ye> aft] ! date on :i* ! prop]ty in/all$ pursuant to su* plan is plac$ 9 s]vice1 c]tify ! en]gy use int5sity ( su* build+ z ( su* date4 7#c7 ,en]gy effici5t build+ retr(it prop]ty ,= purposes ( ?is subsection1 ! t]m en]gy effici5t build+ retr(it prop]ty means prop]ty-- 7,a7 ) respect to :i* depreciation 7or amortization 9 lieu ( depreciation7 is all[able1 7,b7 :i* is in/all$ on or 9 any qualifi$ build+1 7,c7 :i* is in/all$ z "p (-- 7i7 ! int]ior light+ sy/ems1 7ii7 ! heat+1 cool+1 v5tilation1 & hot wat] sy/ems1 or 7iii7 ! build+ envelope1 & 7,d7 :i* is c]tifi$ 9 accordance ) p>agraph 7#b77;,b7 z meet+ ! requirem5ts ( subp>agraphs 7,b7 & 7,c74 7#d7 ,qualifi$ build+ ,= purposes ( ?is subsection1 ! t]m qualifi$ build+ means any build+ :i*-- 7,a7 is locat$ 9 ! ,unit$ ,/ates1 & 7,b7 0 orig9ally plac$ 9 s]vice n less ?an #e ye>s be=e ! e/abli%m5t ( ! qualifi$ retr(it plan ) respect to su* build+4 7#e7 ,qualify+ f9al c]tification ,= purposes ( ?is subsection1 ! t]m qualify+ f9al c]tification means1 ) respect to any qualifi$ retr(it plan1 ! c]tification describ$ 9 p>agraph 7#b77;,c7 if ! en]gy use int5sity c]tifi$ 9 su* c]tification is n m ?an #ge p]c5t ( ! basel9e en]gy use int5sity ( ! build+4 7#f7 ,basel9e en]gy use int5sity 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 ! t]m basel9e en]gy use int5sity means ! en]gy use int5sity c]tifi$ "u p>agraph 7#b77;,a71 z adju/$ to take into acc\nt wea!r4 7,b7 ,det]m9ation ( adju/m5t ,= purposes ( subp>agraph 7,a71 ! adju/m5ts describ$ 9 su* subp>agraph %all be det]m9$ 9 su* mann] z ! ,secret>y may provide4 7#g7 ,o!r def9itions ,= purposes ( ?is subsection-- 7,a7 ,en]gy use int5sity ,! t]m en]gy use int5sity means ! annualiz$1 measur$ site en]gy use int5sity det]m9$ 9 accordance ) su* regulations or o!r guidance z ! ,secret>y may provide & measur$ 9 ,briti% !rmal units4 7,b7 ,qualifi$ pr(essional ,! t]m qualifi$ pr(essional means an individual :o is a lic5s$ ar*itect or a lic5s$ eng9e] & meets su* o!r requirem5ts z ! ,secret>y may provide4 7#h7 ,coord9ation ) d$uction o!rwise all[$ "u subsection 7a7 7,a7 ,9 g5]al ,9 ! case ( any build+ ) respect to :i* an election is made "u p>agraph 7#a71 ! t]m en]gy effici5t comm]cial build+ prop]ty %all n include any en]gy effici5t build+ retr(it prop]ty ) respect to :i* a d$uction is all[able "u ?is subsection4 7,b7 ,c]ta9 rules n applicable 7i7 ,9 g5]al ,except z provid$ 9 clause 7ii71 subsection 7d7 %all n apply = purposes ( ?is subsection4 7ii7 ,allocation ( d$uction by c]ta9 tax-exempt entities ,rules simil> to subsection 7d77#c7 %all apply = purposes ( ?is subsection4 4 7#h7 ,inflation adju/m5t ,section #agi;,d7g7 is am5d$-- 7,a7 by /rik+ #bjbj & ins]t+ #bjbb1 7,b7 by /rik+ or subsection 7d77#a77;,a71 & 7,c7 by /rik+ #bjai & ins]t+ #bjba4 7b7 ,application to real e/ate inve/m5t tru/ e>n+s & pr(its ,section #cab7k77#c77;,b7 is am5d$-- 7#a7 by /rik+ ,= purposes ( comput+ ! e>n+s & pr(its ( a corporation & ins]t+ ! foll[+3 7i7 ,9 g5]al ,= purposes ( comput+ ! e>n+s & pr(its ( a corporation1 except z provid$ 9 clause 7ii7 1 & 7#b7 by add+ at ! end ! foll[+ new clause3 7ii7 ,special rule ,9 ! case ( a corporation t is a real e/ate inve/m5t tru/1 any am\nt d$uctible "u section #agi;,d %all be all[$ 9 ! ye> 9 :i* ! prop]ty giv+ rise to su* d$uction is plac$ 9 s]vice 7or1 9 ! case ( en]gy effici5t build+ retr(it prop]ty1 ! ye> 9 :i* ! qualify+ f9al c]tification is made74 4 7c7 ,con=m+ am5dm5t ,p>agraph 7#a7 ( section #agi;,d7d71 z r$esignat$ by subsection 7a77#e77;,a71 is am5d$ by /rik+ n lat] ?an ! date t is #b ye>s be=e ! date t con/ruction ( su* prop]ty beg9s & ins]t+ n lat] ?an ! date t is #d ye>s be=e ! date su* prop]ty is plac$ 9 s]vice4 7d7 ,effective date 7#a7 ,9 g5]al ,except z o!rwise provid$ 9 ?is subsection1 ! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 7#b7 ,alt]native d$uction = en]gy effici5t build+ retr(it prop]ty ,subsection 7f7 ( section #agi;,d ( ! ,int]nal ,rev5ue ,code ( #aihf 7z am5d$ by ?is section71 & any o!r provision ( su* section solely = purposes ( apply+ su* subsection1 %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb 79 taxable ye>s end+ aft] su* date7 if su* prop]ty is plac$ 9 s]vice pursuant to qualifi$ retr(it plan 7)9 ! mean+ ( su* section7 e/abli%$ aft] su* date4 #accjd4 ,ext5sion1 increase1 & modifications ( new en]gy effici5t home cr$it 7a7 ,ext5sion ( cr$it ,section #de,l7g7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjcb4 7b7 ,increase 9 cr$it am\nts ,p>agraph 7#b7 ( section #de,l7a7 is am5d$ to read z foll[s3 7#b7 ,applicable am\nt ,= purposes ( p>agraph 7#a71 ! applicable am\nt is an am\nt equal to-- 7,a7 9 ! case ( a dwell+ unit :i* is eligible to p>ticipate 9 ! ,en]gy ,/> ,resid5tial ,new ,con/ruction ,program or ! ,en]gy ,/> ,manufactur$ ,new ,homes program-- 7i7 :i* meets ! requirem5ts ( subsection 7c77#a77;,a7 7& :i* does n meet ! requirem5ts ( subsection 7c77#a77;,b771 #b1ejj1 & 7ii7 :i* meets ! requirem5ts ( subsection 7c77#a77;,b71 #e1jjj1 & 7,b7 9 ! case ( a dwell+ unit :i* is "p ( a build+ eligible to p>ticipate 9 ! ,en]gy ,/> ,multifamily ,new ,con/ruction ,program-- 7i7 :i* meets ! requirem5ts ( subsection 7c77#a77;,a7 7& :i* does n meet ! requirem5ts ( subsection 7c77#a77;,b771 #ejj1 & 7ii7 :i* meets ! requirem5ts ( subsection 7c77#a77;,b71 #a1jjj4 4 7c7 ,modification ( en]gy sav+ requirem5ts ,section #de,l7c7 is am5d$ to read z foll[s3 7c7 ,en]gy sav+ requirem5ts 7#a7 ,9 g5]al 7,a7 ,9 g5]al ,a dwell+ unit meets ! requirem5ts ( ?is subp>agraph if su* dwell+ unit meets ! requirem5ts ( p>agraph 7#b7 or 7#c7 7:i*ev] is applicable74 7,b7 ,z]o en]gy ready home program ,a dwell+ unit meets ! requirem5ts ( ?is subp>agraph if su* dwell+ unit is c]tifi$ z a z]o en]gy ready home "u ! z]o en]gy ready home program ( ! ,dep>tm5t ( ,en]gy z 9 effect on ,janu>y #a1 #bjbc 7or any successor program det]m9$ by ! ,secret>y74 7#b7 ,s+le-family home requirem5ts ,a dwell+ unit meets ! requirem5ts ( ?is p>agraph if-- 7,a7 su* dwell+ unit meets-- 7i7 7,i7 9 ! case ( a dwell+ unit acquir$ be=e ,janu>y #a1 #bjbe1 ! ,en]gy ,/> ,s+le-,family ,new ,homes ,national ,program ,requirem5ts #c4a1 or 7,,ii7 9 ! case ( a dwell+ unit acquir$ aft] ,decemb] #ca1 #bjbd1 ! ,en]gy ,/> ,s+le-,family ,new ,homes ,national ,program ,requirem5ts #c4b1 & 7ii7 ! mo/ rec5t ,en]gy ,/> ,s+le-,family ,new ,homes ,program ,requirem5ts applicable to ! location ( su* dwell+ unit 7z 9 effect on ! latt] ( ,janu>y #a1 #bjbc1 or ,janu>y #a ( two cal5d> ye>s prior to ! date ! dwell+ unit 0 acquir$71 or 7,b7 su* dwell+ unit meets ! mo/ rec5t ,en]gy ,/> ,manufactur$ ,home ,national program requirem5ts z 9 effect on ! latt] ( ,janu>y #a1 #bjbc1 or ,janu>y #a ( two cal5d> ye>s prior to ! date su* dwell+ unit is acquir$4 7#c7 ,multi-family home requirem5ts ,a dwell+ unit meets ! requirem5ts ( ?is p>agraph if-- 7,a7 su* dwell+ unit meets ! mo/ rec5t ,en]gy ,/> ,multifamily ,new ,con/ruction ,national ,program ,requirem5ts 7z 9 effect on ei!r ,janu>y #a1 #bjbc1 or ,janu>y #a ( ?ree cal5d> ye>s prior to ! date ! dwell+ 0 acquir$1 :i*ev] is lat]71 & 7,b7 su* dwell+ unit meets ! mo/ rec5t ,en]gy ,/> ,multifamily ,new ,con/ruction ,regional ,program ,requirem5ts applicable to ! location ( su* dwell+ unit 7z 9 effect on ei!r ,janu>y #a1 #bjbc1 or ,janu>y #a ( ?ree cal5d> ye>s prior to ! date ! dwell+ 0 acquir$1 :i*ev] is lat]74 4 7d7 ,prevail+ wage requirem5t ,section #de,l is am5d$ by r$esignat+ subsection 7g7 z subsection 7h7 & by ins]t+ aft] subsection 7f7 ! foll[+ new subsection3 7g7 ,prevail+ wage requirem5t 7#a7 ,9 g5]al ,9 ! case ( a qualify+ resid5ce describ$ 9 subsection 7a77#b77;,b7 meet+ ! prevail+ wage requirem5ts ( p>agraph 7#b77;,a71 ! cr$it am\nt all[$ ) respect to su* resid5ce %all be-- 7,a7 #b1ejj 9 ! case ( a resid5ce :i* meets ! requirem5ts ( subp>agraph 7,a7 ( subsection 7c77#a7 7& :i* does n meet ! requirem5ts ( subp>agraph 7,b7 ( su* subsection71 & 7,b7 #e1jjj 9 ! case ( a resid5ce :i* meets ! requirem5ts ( subsection 7c77#a77;,b74 7#b7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ resid5ce are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9 ! con/ruction ( su* resid5ce %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* resid5ce is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#c7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7e7 ,basis adju/m5t ,section #de,l7e7 is am5d$ by ins]t+ aft] ! fir/ s5t5ce ! foll[+3 ,?is subsection %all n apply = purposes ( det]m9+ ! adju/$ basis ( any build+ "u section #db44 7f7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all apply to dwell+ units acquir$ aft] ,decemb] #ca1 #bjbb4 7#b7 ,ext5sion ( cr$it ,! am5dm5ts made by subsection 7a7 %all apply to dwell+ units acquir$ aft] ,decemb] #ca1 #bjba4 #d ,clean ,vehicles #acdja4 ,clean vehicle cr$it 7a7 ,p] vehicle doll> limitation ,section #cj;,d7b7 is am5d$ by /rik+ p>agraphs 7#b7 & 7#c7 & ins]t+ ! foll[+3 7#b7 ,critical m9]als ,9 ! case ( a vehicle ) respect to :i* ! requirem5t describ$ 9 subsection 7e77#a77;,a7 is satisfi$1 ! am\nt det]m9$ "u ?is p>agraph is #c1gej4 7#c7 ,batt]y compon5ts ,9 ! case ( a vehicle ) respect to :i* ! requirem5t describ$ 9 subsection 7e77#b77;,a7 is satisfi$1 ! am\nt det]m9$ "u ?is p>agraph is #c1gej4 4 7b7 ,f9al assembly ,section #cj;,d7d7 is am5d$-- 7#a7 9 p>agraph 7#a7-- 7,a7 9 subp>agraph 7,e71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,f77ii71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by add+ at ! end ! foll[+3 7,g7 ! f9al assembly ( :i* occurs )9 ,nor? ,am]ica4 1 7#b7 by add+ at ! end ! foll[+3 7#e7 ,f9al assembly ,= purposes ( p>agraph 7#a77;,g71 ! t]m f9al assembly means ! process by :i* a manufactur] produces a new clean vehicle at1 or ?r\gh ! use (1 a plant1 factory1 or o!r place f :i* ! vehicle is deliv]$ to a deal] or import] ) all compon5t p>ts necess>y = ! me*anical op]ation ( ! vehicle includ$ ) ! vehicle1 :e!r or n ! compon5t p>ts are p]man5tly in/all$ 9 or on ! vehicle4 4 7c7 ,def9ition ( new clean vehicle 7#a7 ,9 g5]al ,section #cj;,d7d71 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$-- 7,a7 9 ! head+1 by /rik+ qualifi$ plug-9 electric drive motor & ins]t+ clean1 7,b7 9 p>agraph 7#a7-- 7i7 9 ! matt] prec$+ subp>agraph 7,a71 by /rik+ qualifi$ plug-9 electric drive motor & ins]t+ clean1 7ii7 9 subp>agraph 7,c71 by ins]t+ qualifi$ be=e manufactur]1 7iii7 9 subp>agraph 7,f7-- 7,i7 9 clause 7i71 by /rik+ #d & ins]t+ #g1 & 7,,ii7 9 clause 7ii71 by /rik+ & at ! end1 7iv7 9 subp>agraph 7,g71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7v7 by add+ at ! end ! foll[+3 7,h7 = :i* ! p]son :o sells any vehicle to ! taxpay] furni%es a report to ! taxpay] & to ! ,secret>y1 at su* "t & 9 su* mann] z ! ,secret>y %all provide1 conta9+-- 7i7 ! "n & taxpay] id5tification numb] ( ! taxpay]1 7ii7 ! vehicle id5tification numb] ( ! vehicle1 unless1 9 accordance ) any applicable rules promulgat$ by ! ,secret>y ( ,transportation1 ! vehicle is n assign$ su* a numb]1 7iii7 ! batt]y capacity ( ! vehicle1 7iv7 v]ification t orig9al use ( ! vehicle comm5ces ) ! taxpay]1 & 7v7 ! maximum cr$it "u ?is section all[able to ! taxpay] ) respect to ! vehicle4 1 7,c7 9 p>agraph 7#c7-- 7i7 9 ! head+1 by /rik+ ,manufactur] & ins]t+ ,qualifi$ manufactur]1 7ii7 by /rik+ ,! t]m manufactur] has ! mean+ giv5 su* t]m 9 & ins]t+ ,! t]m qualifi$ manufactur] means any manufactur] 7)9 ! mean+ ( !1 & 7iii7 by ins]t+ 7 :i* ent]s into a writt5 agreem5t ) ! ,secret>y "u :i* su* manufactur] agrees to make p]iodic writt5 reports to ! ,secret>y 7at su* times & 9 su* mann] z ! ,secret>y may provide7 provid+ vehicle id5tification numb]s & su* o!r in=mation relat$ to ea* vehicle manufactur$ by su* manufactur] z ! ,secret>y may require be=e ! p]iod at ! end1 & 7,d7 by add+ at ! end ! foll[+3 7#f7 ,new qualifi$ fuel cell motor vehicle ,= purposes ( ?is section1 ! t]m new clean vehicle %all include any new qualifi$ fuel cell motor vehicle 7z def9$ 9 section #cj;,b7b77#c77 :i* meets ! requirem5ts "u subp>agraphs 7,g7 & 7,h7 ( p>agraph 7#a74 4 7#b7 ,con=m+ am5dm5ts ,section #cj;,d is am5d$-- 7,a7 9 subsection 7a71 by /rik+ new qualifi$ plug-9 electric drive motor vehicle & ins]t+ new clean vehicle1 & 7,b7 9 subsection 7b77#a71 by /rik+ new qualifi$ plug-9 electric drive motor vehicle & ins]t+ new clean vehicle4 7d7 ,elim9ation ( limitation on numb] ( vehicles eligible = cr$it ,section #cj;,d is am5d$ by /rik+ subsection 7e74 7e7 ,critical m9]al & batt]y compon5t requirem5ts 7#a7 ,9 g5]al ,section #cj;,d1 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$ by ins]t+ aft] subsection 7d7 ! foll[+3 7e7 ,critical m9]al & batt]y compon5t requirem5ts 7#a7 ,critical m9]als requirem5t 7,a7 ,9 g5]al ,! requirem5t describ$ 9 ?is subp>agraph ) respect to a vehicle is t1 ) respect to ! batt]y f :i* ! electric motor ( su* vehicle draws electricity1 ! p]c5tage ( ! value ( ! applicable critical m9]als 7z def9$ 9 section #de,x7c77#f77 conta9$ 9 su* batt]y t 7-- 7i7 extract$ or process$-- 7,i7 9 ! ,unit$ ,/ates1 or 7,,ii7 9 any c\ntry ) :i* ! ,unit$ ,/ates has a free trade agreem5t 9 effect1 or 7ii7 recycl$ 9 ,nor? ,am]ica1 is equal to or great] ?an ! applicable p]c5tage 7z c]tifi$ by ! qualifi$ manufactur]1 9 su* =m or mann] z prescrib$ by ! ,secret>y74 7,b7 ,applicable p]c5tage ,= purposes ( subp>agraph 7,a71 ! applicable p]c5tage %all be-- 7i7 9 ! case ( a vehicle plac$ 9 s]vice aft] ! date on :i* ! propos$ guidance describ$ 9 p>agraph 7#c77;,b7 is issu$ by ! ,secret>y & be=e ,janu>y #a1 #bjbd1 #dj p]c5t1 7ii7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbd1 #ej p]c5t1 7iii7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbe1 #fj p]c5t1 7iv7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbf1 #gj p]c5t1 & 7v7 9 ! case ( a vehicle plac$ 9 s]vice aft] ,decemb] #ca1 #bjbf1 #hj p]c5t4 7#b7 ,batt]y compon5ts 7,a7 ,9 g5]al ,! requirem5t describ$ 9 ?is subp>agraph ) respect to a vehicle is t1 ) respect to ! batt]y f :i* ! electric motor ( su* vehicle draws electricity1 ! p]c5tage ( ! value ( ! compon5ts conta9$ 9 su* batt]y t 7 manufactur$ or assembl$ 9 ,nor? ,am]ica is equal to or great] ?an ! applicable p]c5tage 7z c]tifi$ by ! qualifi$ manufactur]1 9 su* =m or mann] z prescrib$ by ! ,secret>y74 7,b7 ,applicable p]c5tage ,= purposes ( subp>agraph 7,a71 ! applicable p]c5tage %all be-- 7i7 9 ! case ( a vehicle plac$ 9 s]vice aft] ! date on :i* ! propos$ guidance describ$ 9 p>agraph 7#c77;,b7 is issu$ by ! ,secret>y & be=e ,janu>y #a1 #bjbd1 #ej p]c5t1 7ii7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbd or #bjbe1 #fj p]c5t1 7iii7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbf1 #gj p]c5t1 7iv7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbg1 #hj p]c5t1 7v7 9 ! case ( a vehicle plac$ 9 s]vice dur+ cal5d> ye> #bjbh1 #ij p]c5t1 7vi7 9 ! case ( a vehicle plac$ 9 s]vice aft] ,decemb] #ca1 #bjbh1 #ajj p]c5t4 7#c7 ,regulations & guidance 7,a7 ,9 g5]al ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 7,b7 ,deadl9e = propos$ guidance ,n lat] ?an ,decemb] #ca1 #bjbb1 ! ,secret>y %all issue propos$ guidance ) respect to ! requirem5ts "u ?is subsection4 4 7#b7 ,exclud$ entities ,section #cj;,d7d71 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$ by add+ at ! end ! foll[+3 7#g7 ,exclud$ entities ,= purposes ( ?is section1 ! t]m new clean vehicle %all n include-- 7,a7 any vehicle plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd1 ) respect to :i* any ( ! applicable critical m9]als conta9$ 9 ! batt]y ( su* vehicle 7z describ$ 9 subsection 7e77#a77;,a77 7 extract$1 process$1 or recycl$ by a =eign entity ( conc]n 7z def9$ 9 section #djbjg7;a77#e7 ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7#db ,u4,s4,c4 #ahgda7;a77#e7771 or 7,b7 any vehicle plac$ 9 s]vice aft] ,decemb] #ca1 #bjbc1 ) respect to :i* any ( ! compon5ts conta9$ 9 ! batt]y ( su* vehicle 7z describ$ 9 subsection 7e77#b77;,a77 7 manufactur$ or assembl$ by a =eign entity ( conc]n 7z s def9$74 4 7f7 ,special rules ,section #cj;,d7f7 is am5d$ by add+ at ! end ! foll[+3 7#h7 ,"o cr$it p] vehicle ,9 ! case ( any vehicle1 ! cr$it describ$ 9 subsection 7a7 %all only be all[$ once ) respect to su* vehicle1 z det]m9$ bas$ ^u ! vehicle id5tification numb] ( su* vehicle4 7#i7 ,,v9 requirem5t ,no cr$it %all be all[$ "u ?is section ) respect to any vehicle unless ! taxpay] includes ! vehicle id5tification numb] ( su* vehicle on ! return ( tax = ! taxable ye>4 7#aj7 ,limitation bas$ on modifi$ adju/$ gross income 7,a7 ,9 g5]al ,no cr$it %all be all[$ "u subsection 7a7 = any taxable ye> if-- 7i7 ! less] (-- 7,i7 ! modifi$ adju/$ gross income ( ! taxpay] = su* taxable ye>1 or 7,,ii7 ! modifi$ adju/$ gross income ( ! taxpay] = ! prec$+ taxable ye>1 exce$s 7ii7 ! ?re%old am\nt4 7,b7 ,?re%old am\nt ,= purposes ( subp>agraph 7,a77ii71 ! ?re%old am\nt %all be-- 7i7 9 ! case ( a jo9t return or a surviv+ sp\se 7z def9$ 9 section #b7;a771 #cjj1jjj1 7ii7 9 ! case ( a head ( h\sehold 7z def9$ 9 section #b7;b771 #bbe1jjj1 & 7iii7 9 ! case ( a taxpay] n describ$ 9 clause 7i7 or 7ii71 #aej1jjj4 7,c7 ,modifi$ adju/$ gross income ,= purposes ( ?is p>agraph1 ! t]m #8modifi$ adju/$ gross income' means adju/$ gross income increas$ by any am\nt exclud$ f gross income "u section #iaa1 #ica1 or #icc4 7#aa7 ,manufactur]'s sugge/$ retail price limitation 7,a7 ,9 g5]al ,no cr$it %all be all[$ "u subsection 7a7 = a vehicle ) a manufactur]'s sugge/$ retail price 9 excess ( ! applicable limitation4 7,b7 ,applicable limitation ,= purposes ( subp>agraph 7,a71 ! applicable limitation = ea* vehicle classification is z foll[s3 7i7 ,vans ,9 ! case ( a van1 #hj1jjj4 7ii7 ,sport ,utility ,vehicles ,9 ! case ( a sport utility vehicle1 #hj1jjj4 7iii7 ,pickup ,trucks ,9 ! case ( a pickup truck1 #hj1jjj4 7iv7 ,o!r ,9 ! case ( any o!r vehicle1 #ee1jjj4 7,c7 ,regulations & guidance ,= purposes ( ?is p>agraph1 ! ,secret>y %all prescribe su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y = det]m9+ vehicle classifications us+ crit]ia simil> to t employ$ by ! ,environm5tal ,protection ,ag5cy & ! ,dep>tm5t ( ! ,en]gy to det]m9e size & class ( vehicles4 4 7g7 ,transf] ( cr$it 7#a7 ,9 g5]al ,section #cj;,d is am5d$ by /rik+ subsection 7g7 & ins]t+ ! foll[+3 7g7 ,transf] ( cr$it 7#a7 ,9 g5]al ,subject to su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y1 if ! taxpay] :o acquires a new clean vehicle elects ! application ( ?is subsection ) respect to su* vehicle1 ! cr$it :i* w\ld 7b = ?is subsection7 be all[$ to su* taxpay] ) respect to su* vehicle %all be all[$ to ! eligible entity specifi$ 9 su* election 7& n to su* taxpay]74 7#b7 ,eligible entity ,= purposes ( ?is subsection1 ! t]m eligible entity means1 ) respect to ! vehicle = :i* ! cr$it is all[$ "u subsection 7a71 ! deal] :i* sold su* vehicle to ! taxpay] & has-- 7,a7 subject to p>agraph 7#d71 regi/]$ ) ! ,secret>y = purposes ( ?is p>agraph1 at su* "t1 & 9 su* =m & mann]1 z ! ,secret>y may prescribe1 7,b7 prior to ! election describ$ 9 p>agraph 7#a7 & n lat] ?an at ! "t ( su* sale1 disclos$ to ! taxpay] pur*as+ su* vehicle-- 7i7 ! manufactur]'s sugge/$ retail price1 7ii7 ! value ( ! cr$it all[$ & any o!r inc5tive available = ! pur*ase ( su* vehicle1 & 7iii7 ! am\nt provid$ by ! deal] to su* taxpay] z a condition ( ! election describ$ 9 p>agraph 7#a71 7,c7 n lat] ?an at ! "t ( su* sale1 made paym5t to su* taxpay] 7:e!r 9 ca% or 9 ! =m ( a p>tial paym5t or d[n paym5t = ! pur*ase ( su* vehicle7 9 an am\nt equal to ! cr$it o!rwise all[able to su* taxpay]1 & 7,d7 ) respect to any inc5tive o!rwise available = ! pur*ase ( a vehicle = :i* a cr$it is all[$ "u ?is section1 includ+ any inc5tive 9 ! =m ( a rebate or disc\nt provid$ by ! deal] or manufactur]1 ensur$ t-- 7i7 ! availability or use ( su* inc5tive %all n limit ! ability ( a taxpay] to make an election describ$ 9 p>agraph 7#a71 & 7ii7 su* election %all n limit ! value or use ( su* inc5tive4 7#c7 ,tim+ ,an election describ$ 9 p>agraph 7#a7 %all be made by ! taxpay] n lat] ?an ! date on :i* ! vehicle = :i* ! cr$it is all[$ "u subsection 7a7 is pur*as$4 7#d7 ,revocation ( regi/ration ,^u det]m9ation by ! ,secret>y t a deal] has fail$ to comply ) ! requirem5ts describ$ 9 p>agraph 7#b71 ! ,secret>y may revoke ! regi/ration 7z describ$ 9 subp>agraph 7,a7 ( su* p>agraph7 ( su* deal]4 7#e7 ,tax treatm5t ( paym5ts ,) respect to any paym5t describ$ 9 p>agraph 7#b77;,c71 su* paym5t-- 7,a7 %all n be includible 9 ! gross income ( ! taxpay]1 & 7,b7 ) respect to ! deal]1 %all n be d$uctible "u ?is title4 7#f7 ,application ( c]ta9 o!r requirem5ts ,9 ! case ( any election "u p>agraph 7#a7 ) respect to any vehicle-- 7,a7 ! requirem5ts ( p>agraphs 7#a7 & 7#b7 ( subsection 7f7 %all apply to ! taxpay] :o acquir$ ! vehicle 9 ! same mann] z if ! cr$it det]m9$ "u ?is section ) respect to su* vehicle 7 all[$ to su* taxpay]1 7,b7 p>agraph 7#f7 ( su* subsection %all n apply1 & 7,c7 ! requirem5t ( p>agraph 7#i7 ( su* subsection 7f7 %all be treat$ z satisfi$ if ! eligible entity provides ! vehicle id5tification numb] ( su* vehicle to ! ,secret>y 9 su* mann] z ! ,secret>y may provide4 7#g7 ,advance paym5t to regi/]$ deal]s 7,a7 ,9 g5]al ,! ,secret>y %all e/abli% a program to make advance paym5ts to any eligible entity 9 an am\nt equal to ! cumulative am\nt ( ! cr$its all[$ "u subsection 7a7 ) respect to any vehicles sold by su* entity = :i* an election describ$ 9 p>agraph 7#a7 has be5 made4 7,b7 ,excessive paym5ts ,rules simil> to ! rules ( section #fdag7;d77#f7 %all apply = purposes ( ?is p>agraph4 7,c7 ,treatm5t ( advance paym5ts ,= purposes ( section #acbd ( title #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u subp>agraph 7,a7 %all be treat$ 9 ! same mann] z a refund due f a cr$it provision ref]r$ to 9 subsection 7b77#b7 ( su* section4 7#h7 ,deal] ,= purposes ( ?is subsection1 ! t]m deal] means a p]son lic5s$ by a ,/ate1 ! ,di/rict ( ,columbia1 ! ,commonweal? ( ,pu]to ,rico1 any o!r t]ritory or possession ( ! ,unit$ ,/ates1 an ,indian tribal gov]nm5t1 or any ,alaska ,native ,corporation 7z def9$ 9 section #c ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afjb7m77 to engage 9 ! sale ( vehicles4 7#i7 ,indian tribal gov]nm5t ,= purposes ( ?is subsection1 ! t]m ,indian tribal gov]nm5t means ! recogniz$ gov]n+ body ( any ,indian or ,alaska ,native tribe1 b&1 nation1 pueblo1 village1 community1 compon5t b&1 or compon5t res]vation1 individually id5tifi$ 7includ+ p>5!tically7 9 ! li/ publi%$ mo/ rec5tly z ( ! date ( enactm5t ( ?is subsection pursuant to section #ajd ( ! ,f$]ally ,recogniz$ ,indian ,tribe ,li/ ,act ( #aiid 7#be ,u4,s4,c4 #eaca74 7#aj7 ,recapture ,9 ! case ( any taxpay] :o has made an election describ$ 9 p>agraph 7#a7 ) respect to a new clean vehicle & receiv$ a paym5t describ$ 9 p>agraph 7#b77;,c7 f an eligible entity1 if ! cr$it "u subsection 7a7 w\ld o!rwise 7b = ?is subsection7 n be all[able to su* taxpay] pursuant to ! application ( subsection 7f77#aj71 ! tax impos$ on su* taxpay] "u ?is *apt] = ! taxable ye> 9 :i* su* vehicle 0 plac$ 9 s]vice %all be increas$ by ! am\nt ( ! paym5t receiv$ by su* taxpay]4 4 7#b7 ,con=m+ am5dm5ts ,section #cj;,d1 z am5d$ by ! prec$+ provisions ( ?is section1 is am5d$-- 7,a7 9 subsection 7d77#a77;,h7 ( su* section-- 7i7 9 clause 7iv71 by /rik+ & at ! end1 7ii7 9 clause 7v71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7iii7 by add+ at ! end ! foll[+3 7vi7 9 ! case ( a taxpay] :o makes an election "u subsection 7g77#a71 any am\nt describ$ 9 subsection 7g77#b77;,c7 :i* has be5 provid$ to su* taxpay]4 1 & 7,b7 9 subsection 7f7-- 7i7 by /rik+ p>agraph 7#c71 & 7ii7 9 p>agraph 7#h71 by ins]t+ 1 includ+ any vehicle ) respect to :i* ! taxpay] elects ! application ( subsection 7g7 be=e ! p]iod at ! end4 7h7 ,t]m9ation ,section #cj;,d is am5d$ by add+ at ! end ! foll[+3 7h7 ,t]m9ation ,no cr$it %all be all[$ "u ?is section ) respect to any vehicle plac$ 9 s]vice aft] ,decemb] #ca1 #bjcb4 4 7i7 ,additional con=m+ am5dm5ts 7#a7 ,! head+ ( section #cj;,d is am5d$ by /rik+ ,new qualifi$ plug-9 electric drive motor vehicles & ins]t+ ,clean vehicle cr$it4 7#b7 ,section #cj;,b is am5d$-- 7,a7 9 subsection 7h77#h71 by /rik+ 1 except t no b5efit %all be recaptur$ if su* prop]ty ceases to be eligible = su* cr$it by reason ( conv]sion to a qualifi$ plug-9 electric drive motor vehicle1 & 7,b7 by /rik+ subsection 7i74 7#c7 ,section #ch7;b77#cj7 is am5d$ by /rik+ qualifi$ plug-9 electric drive motor & ins]t+ clean4 7#d7 ,section #fbac7;g77#b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 subp>agraph 7,r71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,s71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by ins]t+ aft] subp>agraph 7,s7 ! foll[+3 7,t7 an omission ( a correct vehicle id5tification numb] requir$ "u section #cj;,d7f77#i7 7relat+ to cr$it = new clean vehicles7 to be includ$ on a return4 4 7#e7 ,section #feja7m7 is am5d$ by /rik+ #cj;,d7e77#d7 & ins]t+ #cj;,d7f77#f74 7#f7 ,! table ( sections = subp>t ,b ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by /rik+ ! item relat+ to section #cj;,d & ins]t+ aft] ! item relat+ to section #cj;,c ! foll[+ item3 ,sec4 #cj;,d4 ,clean vehicle cr$it4 4 7j7 ,gross-up ( direct sp5d+ ,beg9n+ 9 fiscal ye> #bjbc & ea* fiscal ye> !reaft]1 ! portion ( any cr$it all[$ to an eligible entity 7z def9$ 9 section #cj;,d7g77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf7 pursuant to an election made "u section #cj;,d7g7 ( ! ,int]nal ,rev5ue ,code ( #aihf t is direct sp5d+ %all be increas$ by #f4jdde p]c5t4 7k7 ,effective dates 7#a7 ,9 g5]al ,except z provid$ 9 p>agraphs 7#b71 7#c71 7#d71 & 7#e71 ! am5dm5ts made by ?is section %all apply to vehicles plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#b7 ,f9al assembly ,! am5dm5ts made by subsection 7b7 %all apply to vehicles sold aft] ! date ( enactm5t ( ?is ,act4 7#c7 ,p] vehicle doll> limitation & relat$ requirem5ts ,! am5dm5ts made by subsections 7a7 & 7e7 %all apply to vehicles plac$ 9 s]vice aft] ! date on :i* ! propos$ guidance describ$ 9 p>agraph 7#c77;,b7 ( section #cj;,d7e7 ( ! ,int]nal ,rev5ue ,code ( #aihf 7z add$ by subsection 7e77 is issu$ by ! ,secret>y ( ! ,treasury 7or ! ,secret>y's delegate74 7#d7 ,transf] ( cr$it ,! am5dm5ts made by subsection 7g7 %all apply to vehicles plac$ 9 s]vice aft] ,decemb] #ca1 #bjbc4 7#e7 ,elim9ation ( manufactur] limitation ,! am5dm5t made by subsection 7d7 %all apply to vehicles sold aft] ,decemb] #ca1 #bjbb4 7l7 ,transition rule ,solely = purposes ( ! application ( section #cj;,d ( ! ,int]nal ,rev5ue ,code ( #aihf1 9 ! case ( a taxpay] t-- 7#a7 aft] ,decemb] #ca1 #bjba1 & be=e ! date ( enactm5t ( ?is ,act1 pur*as$1 or ent]$ into a writt5 b9d+ contract to pur*ase1 a new qualifi$ plug-9 electric drive motor vehicle 7z def9$ 9 section #cj;,d7d77#a7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z 9 effect on ! day be=e ! date ( enactm5t ( ?is ,act71 & 7#b7 plac$ su* vehicle 9 s]vice on or aft] ! date ( enactm5t ( ?is ,act1 su* taxpay] may elect 7at su* "t1 & 9 su* =m & mann]1 z ! ,secret>y ( ! ,treasury1 or ! ,secret>y's delegate1 may prescribe7 to treat su* vehicle z hav+ be5 plac$ 9 s]vice on ! day be=e ! date ( enactm5t ( ?is ,act4 #acdjb4 ,cr$it = previ\sly-own$ clean vehicles 7a7 ,9 g5]al ,subp>t ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] section #be;,d ! foll[+ new section3 #be;,e4 ,previ\sly-own$ clean vehicles 7a7 ,all[ance ( cr$it ,9 ! case ( a qualifi$ buy] :o dur+ a taxable ye> places 9 s]vice a previ\sly-own$ clean vehicle1 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by ?is *apt] = ! taxable ye> an am\nt equal to ! less] (-- 7#a7 #d1jjj1 or 7#b7 ! am\nt equal to #cj p]c5t ( ! sale price ) respect to su* vehicle4 7b7 ,limitation bas$ on modifi$ adju/$ gross income 7#a7 ,9 g5]al ,no cr$it %all be all[$ "u subsection 7a7 = any taxable ye> if-- 7,a7 ! less] (-- 7i7 ! modifi$ adju/$ gross income ( ! taxpay] = su* taxable ye>1 or 7ii7 ! modifi$ adju/$ gross income ( ! taxpay] = ! prec$+ taxable ye>1 exce$s 7,b7 ! ?re%old am\nt4 7#b7 ,?re%old am\nt ,= purposes ( p>agraph 7#a77;,b71 ! ?re%old am\nt %all be-- 7,a7 9 ! case ( a jo9t return or a surviv+ sp\se 7z def9$ 9 section #b7;a771 #aej1jjj1 7,b7 9 ! case ( a head ( h\sehold 7z def9$ 9 section #b7;b771 #aab1ejj1 & 7,c7 9 ! case ( a taxpay] n describ$ 9 subp>agraph 7,a7 or 7,b71 #ge1jjj4 7#c7 ,modifi$ adju/$ gross income ,= purposes ( ?is subsection1 ! t]m #8modifi$ adju/$ gross income' means adju/$ gross income increas$ by any am\nt exclud$ f gross income "u section #iaa1 #ica1 or #icc4 7c7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,previ\sly-own$ clean vehicle ,! t]m previ\sly-own$ clean vehicle means1 ) respect to a taxpay]1 a motor vehicle-- 7,a7 ! model ye> ( :i* is at lea/ #b ye>s e>li] ?an ! cal5d> ye> 9 :i* ! taxpay] acquires su* vehicle1 7,b7 ! orig9al use ( :i* comm5ces ) a p]son o!r ?an ! taxpay]1 7,c7 :i* is acquir$ by ! taxpay] 9 a qualifi$ sale1 & 7,d7 :i*-- 7i7 meets ! requirem5ts ( subp>agraphs 7,c71 7,d71 7,e71 7,f71 & 7,h7 7except = clause 7iv7 !re(7 ( section #cj;,d7d77#a71 or 7ii7 is a motor vehicle :i*-- 7,i7 satisfies ! requirem5ts "u subp>agraphs 7,a7 & 7,b7 ( section #cj;,b7b77#c71 & 7,,ii7 has a gross vehicle weight rat+ ( less ?an #ad1jjj p\nds4 7#b7 ,qualifi$ sale ,! t]m qualifi$ sale means a sale ( a motor vehicle-- 7,a7 by a deal] 7z def9$ 9 section #cj;,d7g77#h771 7,b7 = a sale price :i* does n exce$ #be1jjj1 & 7,c7 :i* is ! fir/ transf] s9ce ! date ( ! enactm5t ( ?is section to a qualifi$ buy] o!r ?an ! p]son ) :om ! orig9al use ( su* vehicle comm5c$4 7#c7 ,qualifi$ buy] ,! t]m qualifi$ buy] means1 ) respect to a sale ( a motor vehicle1 a taxpay]-- 7,a7 :o is an individual1 7,b7 :o pur*ases su* vehicle = use & n = resale1 7,c7 ) respect to :om no d$uction is all[able ) respect to ano!r taxpay] "u section #aea1 & 7,d7 :o has n be5 all[$ a cr$it "u ?is section = any sale dur+ ! #c-ye> p]iod end+ on ! date ( ! sale ( su* vehicle4 7#d7 ,motor vehicle2 capacity ,! t]ms motor vehicle & capacity h ! mean+ giv5 su* t]ms 9 p>agraphs 7#b7 & 7#d7 ( section #cj;,d7d71 respectively4 7d7 ,,v9 numb] requirem5t ,no cr$it %all be all[$ "u subsection 7a7 ) respect to any vehicle unless ! taxpay] includes ! vehicle id5tification numb] ( su* vehicle on ! return ( tax = ! taxable ye>4 7e7 ,application ( c]ta9 rules ,= purposes ( ?is section1 rules simil> to ! rules ( section #cj;,d7f7 7)\t reg>d to p>agraph 7#aj7 or 7#aa7 !re(7 %all apply = purposes ( ?is section4 7f7 ,t]m9ation ,no cr$it %all be all[$ "u ?is section ) respect to any vehicle acquir$ aft] ,decemb] #ca1 #bjcb4 4 7b7 ,transf] ( cr$it ,section #be;,e1 z add$ by subsection 7a71 is am5d$-- 7#a7 by r$esignat+ subsection 7f7 z subsection 7g71 & 7#b7 by ins]t+ aft] subsection 7e7 ! foll[+3 7f7 ,transf] ( cr$it ,rules simil> to ! rules ( section #cj;,d7g7 %all apply4 4 7c7 ,con=m+ am5dm5ts ,section #fbac7;g77#b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7#a7 9 subp>agraph 7,s71 by /rik+ & at ! end1 7#b7 9 subp>agraph 7,t71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7#c7 by ins]t+ aft] subp>agraph 7,t7 ! foll[+3 7,u7 an omission ( a correct vehicle id5tification numb] requir$ "u section #be;,e7d7 7relat+ to cr$it = previ\sly-own$ clean vehicles7 to be includ$ on a return4 4 7d7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,a ( "p ,,iv ( sub*apt] ,a ( *apt] #a is am5d$ by ins]t+ aft] ! item relat+ to section #be;,d ! foll[+ new item3 ,sec4 #be;,e4 ,previ\sly-own$ clean vehicles4 4 7e7 ,effective date 7#a7 ,9 g5]al ,except z provid$ 9 p>agraph 7#b71 ! am5dm5ts made by ?is section %all apply to vehicles acquir$ aft] ,decemb] #ca1 #bjbb4 7#b7 ,transf] ( cr$it ,! am5dm5ts made by subsection 7b7 %all apply to vehicles acquir$ aft] ,decemb] #ca1 #bjbc4 #acdjc4 ,qualifi$ comm]cial clean vehicles 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new section3 #de,w4 ,cr$it = qualifi$ comm]cial clean vehicles 7a7 ,9 g5]al ,= purposes ( section #ch1 ! qualifi$ comm]cial clean vehicle cr$it = any taxable ye> is an am\nt equal to ! sum ( ! cr$it am\nts det]m9$ "u subsection 7b7 ) respect to ea* qualifi$ comm]cial clean vehicle plac$ 9 s]vice by ! taxpay] dur+ ! taxable ye>4 7b7 ,p] vehicle am\nt 7#a7 ,9 g5]al ,subject to p>agraph 7#d71 ! am\nt det]m9$ "u ?is subsection ) respect to any qualifi$ comm]cial clean vehicle %all be equal to ! less] (-- 7,a7 #ae p]c5t ( ! basis ( su* vehicle 7#cj p]c5t 9 ! case ( a vehicle n p[]$ by a gasol9e or diesel int]nal combu/ion eng9e71 or 7,b7 ! increm5tal co/ ( su* vehicle4 7#b7 ,increm5tal co/ ,= purposes ( p>agraph 7#a77;,b71 ! increm5tal co/ ( any qualifi$ comm]cial clean vehicle is an am\nt equal to ! excess ( ! pur*ase price = su* vehicle ov] su* price ( a comp>able vehicle4 7#c7 ,comp>able vehicle ,= purposes ( ?is subsection1 ! t]m comp>able vehicle means1 ) respect to any qualifi$ comm]cial clean vehicle1 any vehicle :i* is p[]$ solely by a gasol9e or diesel int]nal combu/ion eng9e & :i* is comp>able 9 size & use to su* vehicle4 7#d7 ,limitation ,! am\nt det]m9$ "u ?is subsection ) respect to any qualifi$ comm]cial clean vehicle %all n exce$-- 7,a7 9 ! case ( a vehicle :i* has a gross vehicle weight rat+ ( less ?an #ad1jjj p\nds1 #g1ejj1 & 7,b7 9 ! case ( a vehicle n describ$ 9 subp>agraph 7,a71 #dj1jjj4 7c7 ,qualifi$ comm]cial clean vehicle ,= purposes ( ?is section1 ! t]m qualifi$ comm]cial clean vehicle means any vehicle :i*-- 7#a7 meets ! requirem5ts ( section #cj;,d7d77#a77;,c7 & is acquir$ = use or lease by ! taxpay] & n = resale1 7#b7 ei!r-- 7,a7 meets ! requirem5ts ( subp>agraph 7,d7 ( section #cj;,d7d77#a7 & is manufactur$ prim>ily = use on public /reets1 roads1 & highways 7n includ+ a vehicle op]at$ exclusively on a rail or rails71 or 7,b7 is mobile ma*9]y1 z def9$ 9 section #djec7h7 7includ+ vehicles t are n design$ to p]=m a function ( transport+ a load ov] ! public highways71 7#c7 ei!r-- 7,a7 is propell$ to a significant ext5t by an electric motor :i* draws electricity f a batt]y :i* has a capacity ( n less ?an #ae kil[att h\rs 7or1 9 ! case ( a vehicle :i* has a gross vehicle weight rat+ ( less ?an #ad1jjj p\nds1 #g kil[att h\rs7 & is capable ( be+ re*>g$ f an ext]nal s\rce ( electricity1 or 7,b7 is a motor vehicle :i* satisfies ! requirem5ts "u subp>agraphs 7,a7 & 7,b7 ( section #cj;,b7b77#c71 & 7#d7 is ( a "* subject to ! all[ance = depreciation4 7d7 ,special rules 7#a7 ,9 g5]al ,rules simil> to ! rules "u subsection 7f7 ( section #cj;,d 7)\t reg>d to p>agraph 7#aj7 or 7#aa7 !re(7 %all apply = purposes ( ?is section4 7#b7 ,vehicles plac$ 9 s]vice by tax-exempt entities ,subsection 7c77#d7 %all n apply to any vehicle :i* is n subject to a lease & :i* is plac$ 9 s]vice by a tax-exempt entity describ$ 9 clause 7i71 7ii71 or 7iv7 ( section #afh7;h77#b77;,a74 7#c7 ,no d\ble b5efit ,no cr$it %all be all[$ "u ?is section ) respect to any vehicle = :i* a cr$it 0 all[$ "u section #cj;,d4 7e7 ,,v9 numb] requirem5t ,no cr$it %all be det]m9$ "u subsection 7a7 ) respect to any vehicle unless ! taxpay] includes ! vehicle id5tification numb] ( su* vehicle on ! return ( tax = ! taxable ye>4 7f7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is section1 includ+ regulations or o!r guidance relat+ to det]m9ation ( ! increm5tal co/ ( any qualifi$ comm]cial clean vehicle4 7g7 ,t]m9ation ,no cr$it %all be det]m9$ "u ?is section ) respect to any vehicle acquir$ aft] ,decemb] #ca1 #bjcb4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #ch7;b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 p>agraph 7#ce71 by /rik+ plus at ! end1 7,b7 9 p>agraph 7#cf71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#cg7 ! qualifi$ comm]cial clean vehicle cr$it det]m9$ "u section #de,w4 4 7#b7 ,section #fbac7;g77#b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 subp>agraph 7,t71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,u71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by ins]t+ aft] subp>agraph 7,u7 ! foll[+3 7,v7 an omission ( a correct vehicle id5tification numb] requir$ "u section #de,w7e7 7relat+ to comm]cial clean vehicle cr$it7 to be includ$ on a return4 4 7#c7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,w4 ,qualifi$ comm]cial clean vehicle cr$it4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to vehicles acquir$ aft] ,decemb] #ca1 #bjbb4 #acdjd4 ,alt]native fuel refuel+ prop]ty cr$it 7a7 ,9 g5]al ,section #cj;,c7g7 is am5d$ by /rik+ ,decemb] #ca1 #bjba & ins]t+ ,decemb] #ca1 #bjcb4 7b7 ,cr$it = prop]ty ( a "* subject to depreciation 7#a7 ,9 g5]al ,section #cj;,c7a7 is am5d$ by ins]t+ 7#f p]c5t 9 ! case ( prop]ty ( a "* subject to depreciation7 aft] #cj p]c5t4 7#b7 ,modification ( cr$it limitation ,subsection 7b7 ( section #cj;,c is am5d$-- 7,a7 9 ! matt] prec$+ p>agraph 7#a7-- 7i7 by /rik+ ) respect to all & ins]t+ ) respect to any s+le item (1 & 7ii7 by /rik+ at a location1 & 7,b7 9 p>agraph 7#a71 by /rik+ #cj1jjj 9 ! case ( a prop]ty & ins]t+ #ajj1jjj 9 ! case ( any su* item ( prop]ty4 7#c7 ,bidirectional *>g+ equipm5t includ$ z qualifi$ alt]native fuel vehicle refuel+ prop]ty ,section #cj;,c7c7 is am5d$ to read z foll[s3 7c7 ,qualifi$ alt]native fuel vehicle refuel+ prop]ty ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m qualifi$ alt]native fuel vehicle refuel+ prop]ty has ! same mean+ z ! t]m qualifi$ clean-fuel vehicle refuel+ prop]ty w\ld h "u section #agi;,a if-- 7,a7 p>agraph 7#a7 ( section #agi;,a7d7 did n apply to prop]ty in/all$ on prop]ty :i* is us$ z ! pr9cipal resid5ce 7)9 ! mean+ ( section #aba7 ( ! taxpay]1 & 7,b7 only ! foll[+ 7 treat$ z clean-burn+ fuels = purposes ( section #agi;,a7d73 7i7 ,any fuel at lea/ #he p]c5t ( ! volume ( :i* consi/s ( "o or m ( ! foll[+3 e?anol1 natural gas1 compress$ natural gas1 liquifi$ natural gas1 liquefi$ petroleum gas1 or hydrog54 7ii7 ,any mixture-- 7,i7 :i* consi/s ( two or m ( ! foll[+3 biodiesel 7z def9$ 9 section #dj;,a7d77#a771 diesel fuel 7z def9$ 9 section #djhc7;a77#c771 or k]os5e1 & 7,,ii7 at lea/ #bj p]c5t ( ! volume ( :i* consi/s ( biodiesel 7z s def9$7 det]m9$ )\t reg>d to any k]os5e 9 su* mixture4 7iii7 ,electricity4 7#b7 ,bidirectional *>g+ equipm5t ,prop]ty %all n fail to be treat$ z qualifi$ alt]native fuel vehicle refuel+ prop]ty solely because su* prop]ty-- 7,a7 is capable ( *>g+ ! batt]y ( a motor vehicle propell$ by electricity1 & 7,b7 all[s dis*>g+ electricity f su* batt]y to an electric load ext]nal to su* motor vehicle4 4 7c7 ,c]ta9 electric *>g+ /ations includ$ z qualifi$ alt]native fuel vehicle refuel+ prop]ty ,section #cj;,c is am5d$ by r$esignat+ subsections 7f7 & 7g7 z subsections 7g7 & 7h71 respectively1 & by ins]t+ aft] subsection 7e7 ! foll[+3 7f7 ,special rule = electric *>g+ /ations = c]ta9 vehicles ) #b or #c :eels ,= purposes ( ?is section-- 7#a7 ,9 g5]al ,! t]m qualifi$ alt]native fuel vehicle refuel+ prop]ty includes any prop]ty describ$ 9 subsection 7c7 = ! re*>g+ ( a motor vehicle describ$ 9 p>agraph 7#b71 b only if su* prop]ty-- 7,a7 meets ! requirem5ts ( subsection 7a77#b71 & 7,b7 is ( a "* subject to depreciation4 7#b7 ,motor vehicle ,a motor vehicle is describ$ 9 ?is p>agraph if ! motor vehicle-- 7,a7 is manufactur$ prim>ily = use on public /reets1 roads1 or highways 7n includ+ a vehicle op]at$ exclusively on a rail or rails71 7,b7 has #b or #c :eels1 & 7,c7 is propell$ by electricity4 4 7d7 ,wage & appr5tice%ip requirem5ts ,section #cj;,c1 z am5d$ by ?is section1 is fur!r am5d$ by r$esignat+ subsections 7g7 & 7h7 z subsections 7h7 & 7i7 & by ins]t+ aft] subsection 7f7 ! foll[+ new subsection3 7g7 ,wage & appr5tice%ip requirem5ts 7#a7 ,increas$ cr$it am\nt 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ alt]native fuel vehicle refuel+ project :i* satisfies ! requirem5ts ( subp>agraph 7,c71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 = any qualifi$ alt]native fuel vehicle refuel+ prop]ty ( a "* subject to an all[ance = depreciation :i* is "p ( su* project %all be equal to su* am\nt 7det]m9$ )\t reg>d to ?is s5t5ce7 multipli$ by #e4 7,b7 ,qualifi$ alt]native fuel vehicle refuel+ project ,= purposes ( ?is subsection1 ! t]m qualifi$ alt]native fuel vehicle refuel+ project means a project consi/+ ( "o or m prop]ties t are "p ( a s+le project4 7,c7 ,project requirem5ts ,a project meets ! requirem5ts ( ?is subp>agraph if x is "o ( ! foll[+3 7i7 ,a project ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#b77;,a7 & 7#c74 7ii7 ,a project :i* satisfies ! requirem5ts ( p>agraphs 7#b77;,a7 & 7#c74 7#b7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to any qualifi$ alt]native fuel vehicle refuel+ project are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9 ! con/ruction ( any qualifi$ alt]native fuel vehicle refuel+ prop]ty :i* is "p ( su* project %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* project is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#c7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#d7 ,regulations & guidance ,! ,secret>y %all issue su* regulations or o!r guidance z ! ,secret>y det]m9es necess>y to c>ry out ! purposes ( ?is subsection1 includ+ regulations or o!r guidance :i* provides = requirem5ts = recordkeep+ or in=mation report+ = purposes ( adm9i/]+ ! requirem5ts ( ?is subsection4 4 7e7 ,eligible c5sus tracts ,subsection 7c7 ( section #cj;,c1 z am5d$ by subsection 7b77#c71 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,prop]ty requir$ to be locat$ 9 eligible c5sus tracts 7,a7 ,9 g5]al ,prop]ty %all n be treat$ z qualifi$ alt]native fuel vehicle refuel+ prop]ty unless su* prop]ty is plac$ 9 s]vice 9 an eligible c5sus tract4 7,b7 ,eligible c5sus tract 7i7 ,9 g5]al ,= purposes ( ?is p>agraph1 ! t]m eligible c5sus tract means any population c5sus tract :i*-- 7,i7 is describ$ 9 section #de;,d7e71 or 7,,ii7 is n an urban area4 7ii7 ,urban area ,= purposes ( clause 7i77,,ii71 ! t]m urban area means a c5sus tract 7z def9$ by ! ,bureau ( ! ,c5sus7 :i*1 accord+ to ! mo/ rec5t dec5nial c5sus1 has be5 designat$ z an urban area by ! ,secret>y ( ,comm]ce4 4 7f7 ,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] ,decemb] #ca1 #bjbb4 7#b7 ,ext5sion ,! am5dm5ts made by subsection 7a7 %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjba4 #e ,inve/m5t 9 ,clean ,en]gy ,manufactur+ & ,en]gy ,security #aceja4 ,ext5sion ( ! advanc$ en]gy project cr$it 7a7 ,ext5sion ( cr$it ,section #dh;,c is am5d$ by r$esignat+ subsection 7e7 z subsection 7f7 & by ins]t+ aft] subsection 7d7 ! foll[+ new subsection3 7e7 ,additional allocations 7#a7 ,9 g5]al ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is subsection1 ! ,secret>y %all e/abli% a program to consid] & aw>d c]tifications = qualifi$ inve/m5ts eligible = cr$its "u ?is section to qualify+ advanc$ en]gy project sponsors4 7#b7 ,limitation ,! total am\nt ( cr$its :i* may be allocat$ "u ! program e/abli%$ "u p>agraph 7#a7 %all n exce$ #aj1jjj1jjj1jjj1 ( :i* n great] ?an #f1jjj1jjj1jjj may be allocat$ to qualifi$ inve/m5ts :i* are n locat$ )9 a c5sus tract :i*-- 7,a7 is describ$ 9 clause 7iii7 ( section #de7;b77#aa77;,b71 & 7,b7 prior to ! date ( enactm5t ( ?is subsection1 _h no project :i* receiv$ a c]tification & allocation ( cr$its "u subsection 7d74 7#c7 ,c]tifications 7,a7 ,application requirem5t ,ea* applicant = c]tification "u ?is subsection %all submit an application at su* "t & conta9+ su* in=mation z ! ,secret>y may require4 7,b7 ,"t to meet crit]ia = c]tification ,ea* applicant = c]tification %all h #b ye>s f ! date ( acceptance by ! ,secret>y ( ! application dur+ :i* to provide to ! ,secret>y evid5ce t ! requirem5ts ( ! c]tification h be5 met4 7,c7 ,p]iod ( issuance ,an applicant :i* receives a c]tification %all h #b ye>s f ! date ( issuance ( ! c]tification 9 ord] to place ! project 9 s]vice & to notify ! ,secret>y t su* project has be5 s plac$ 9 s]vice1 & if su* project is n plac$ 9 s]vice by t "t p]iod1 !n ! c]tification %all no long] be valid4 ,if any c]tification is revok$ "u ?is subp>agraph1 ! am\nt ( ! limitation "u p>agraph 7#b7 %all be increas$ by ! am\nt ( ! cr$it ) respect to su* revok$ c]tification4 7,d7 ,location ( project ,9 ! case ( an applicant :i* receives a c]tification1 if ! ,secret>y det]m9es t ! project has be5 plac$ 9 s]vice at a location :i* is mat]ially diff]5t ?an ! location specifi$ 9 ! application = su* project1 ! c]tification %all no long] be valid4 7#d7 ,cr$it rate condition$ ^u wage & appr5tice%ip requirem5ts 7,a7 ,base rate ,= purposes ( allocations "u ?is subsection1 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 %all be det]m9$ by sub/itut+ #f p]c5t = #cj p]c5t4 7,b7 ,alt]native rate ,9 ! case ( any project :i* satisfies ! requirem5ts ( p>agraphs 7#e77;,a7 & 7#f71 subp>agraph 7,a7 %all n apply4 7#e7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,! requirem5ts describ$ 9 ?is subp>agraph ) respect to a project are t ! taxpay] %all ensure t any labor]s & me*anics employ$ by ! taxpay] or any contractor or subcontractor 9 ! re-equipp+1 expansion1 or e/abli%m5t ( a manufactur+ facility %all be paid wages at rates n less ?an ! prevail+ rates = con/ruction1 alt]ation1 or repair ( a simil> "* 9 ! locality 9 :i* su* project is locat$ z mo/ rec5tly det]m9$ by ! ,secret>y ( ,labor1 9 accordance ) sub*apt] ,,iv ( *apt] #ca ( title #dj1 ,unit$ ,/ates ,code4 7,b7 ,correction & p5alty relat$ to failure to satisfy wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g77;,b7 %all apply4 7#f7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#g7 ,disclosure ( allocations ,! ,secret>y %all1 ^u mak+ a c]tification "u ?is subsection1 publicly disclose ! id5tity ( ! applicant & ! am\nt ( ! cr$it ) respect to su* applicant4 4 7b7 ,modification ( qualify+ advanc$ en]gy projects ,section #dh;,c7c77#a77;,a7 is am5d$-- 7#a7 by ins]t+ 1 any portion ( ! qualifi$ inve/m5t ( :i* is c]tifi$ by ! ,secret>y "u subsection 7e7 z eligible = a cr$it "u ?is section aft] means a project1 7#b7 9 clause 7i7-- 7,a7 by /rik+ a manufactur+ facility = ! production ( & ins]t+ an indu/rial or manufactur+ facility = ! production or recycl+ (1 7,b7 9 clause 7,i71 by ins]t+ wat]1 aft] sun11 7,c7 9 clause 7,,ii71 by /rik+ an en]gy /orage sy/em = use ) electric or hybrid-electric motor vehicles & ins]t+ en]gy /orage sy/ems & compon5ts1 7,d7 9 clause 7,,iii71 by /rik+ grids to support ! transmission ( int]mitt5t s\rces ( r5ewable en]gy1 includ+ /orage ( su* en]gy & ins]t+ grid mod]nization equipm5t or compon5ts1 7,e7 9 subclause 7,,iv71 by /rik+ & seque/] c>bon dioxide emissions & ins]t+ 1 remove1 use1 or seque/] c>bon oxide emissions1 7,f7 by /rik+ subclause 7,v7 & ins]t+ ! foll[+3 7,v7 equipm5t design$ to ref9e1 electrolyze1 or bl5d any fuel1 *emical1 or product :i* is-- 7aa7 r5ewable1 or 7bb7 l[-c>bon & l[-emission1 1 7,g7 by /rik+ subclause 7,,vi71 7,h7 by r$esignat+ subclause 7,,vii7 z subclause 7,,ix71 7,i7 by ins]t+ aft] subclause 7,v7 ! foll[+ new subclauses3 7,,vi7 prop]ty design$ to produce en]gy cons]vation te*nologies 7includ+ resid5tial1 comm]cial1 & indu/rial applications71 7,,vii7 light-1 m$ium-1 or heavy-duty electric or fuel cell vehicles1 z well z-- 7aa7 te*nologies1 compon5ts1 or mat]ials = su* vehicles1 & 7bb7 associat$ *>g+ or refuel+ infra/ructure1 7,,viii7 hybrid vehicles ) a gross vehicle weight rat+ ( n less ?an #ad1jjj p\nds1 z well z te*nologies1 compon5ts1 or mat]ials = su* vehicles1 or 1 & 7,j7 9 subclause 7,,ix71 z s r$esignat$1 by /rik+ & at ! end1 & 7#c7 by /rik+ clause 7ii7 & ins]t+ ! foll[+3 7ii7 :i* re-equips an indu/rial or manufactur+ facility ) equipm5t design$ to r$uce gre5h\se gas emissions by at lea/ #bj p]c5t ?r\gh ! in/allation (-- 7,i7 l[- or z]o-c>bon process heat sy/ems1 7,,ii7 c>bon capture1 transport1 utilization & /orage sy/ems1 7,,iii7 en]gy effici5cy & r$uction 9 wa/e f indu/rial processes1 or 7,,iv7 any o!r indu/rial te*nology design$ to r$uce gre5h\se gas emissions1 z det]m9$ by ! ,secret>y1 or 7iii7 :i* re-equips1 exp&s1 or e/abli%es an indu/rial facility = ! process+1 ref9+1 or recycl+ ( critical mat]ials 7z def9$ 9 section #gjjb7;a7 ( ! ,en]gy ,act ( #bjbj 7#cj ,u4,s4,c4 #afjf7;a774 4 7c7 ,con=m+ am5dm5t ,subp>agraph 7,a7 ( section #dh;,c7c77#b7 is am5d$ to read z foll[s3 7,a7 :i* is necess>y =-- 7i7 ! production or recycl+ ( prop]ty describ$ 9 clause 7i7 ( p>agraph 7#a77;,a71 7ii7 re-equipp+ an indu/rial or manufactur+ facility describ$ 9 clause 7ii7 ( su* p>agraph1 or 7iii7 re-equipp+1 exp&+1 or e/abli%+ an indu/rial facility describ$ 9 clause 7iii7 ( su* p>agraph1 4 7d7 ,d5ial ( d\ble b5efit #dh;,c7f71 z r$esignat$ by ?is section1 is am5d$ by /rik+ or #dh;,b & ins]t+ #dh;,b1 #dh;,e1 #de,q1 or #de,v4 7e7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,janu>y #a1 #bjbc4 #acejb4 ,advanc$ manufactur+ production cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new section3 #de,x4 ,advanc$ manufactur+ production cr$it 7a7 ,9 g5]al 7#a7 ,all[ance ( cr$it ,= purposes ( section #ch1 ! advanc$ manufactur+ production cr$it = any taxable ye> is an am\nt equal to ! sum ( ! cr$it am\nts det]m9$ "u subsection 7b7 ) respect to ea* eligible compon5t :i* is-- 7,a7 produc$ by ! taxpay]1 & 7,b7 dur+ ! taxable ye>1 sold by su* taxpay] to an unrelat$ p]son4 7#b7 ,production & sale mu/ be 9 trade or bus9ess ,any eligible compon5t produc$ & sold by ! taxpay] %all be tak5 into acc\nt only if ! production & sale describ$ 9 p>agraph 7#a7 is 9 a trade or bus9ess ( ! taxpay]4 7#c7 ,unrelat$ p]son 7,a7 ,9 g5]al ,= purposes ( ?is subsection1 a taxpay] %all be treat$ z sell+ compon5ts to an unrelat$ p]son if su* compon5t is sold to su* p]son by a p]son relat$ to ! taxpay]4 7,b7 ,election 7i7 ,9 g5]al ,at ! election ( ! taxpay] 79 su* =m & mann] z ! ,secret>y may prescribe71 a sale ( compon5ts by su* taxpay] to a relat$ p]son %all be deem$ to h be5 made to an unrelat$ p]son4 7ii7 ,requirem5t ,z a condition (1 & prior to1 any election describ$ 9 clause 7i71 ! ,secret>y may require su* in=mation or regi/ration z ! ,secret>y deems necess>y = purposes ( prev5t+ duplication1 fraud1 or any improp] or excessive am\nt det]m9$ "u p>agraph 7#a74 7b7 ,cr$it am\nt 7#a7 ,9 g5]al ,subject to p>agraph 7#c71 ! am\nt det]m9$ "u ?is subsection ) respect to any eligible compon5t1 includ+ any eligible compon5t x incorporates1 %all be equal to-- 7,a7 9 ! case ( a ?9 film photovoltaic cell or a cry/all9e photovoltaic cell1 an am\nt equal to ! product (-- 7i7 #d c5ts1 multipli$ by 7ii7 ! capacity ( su* cell 7express$ on a p] direct curr5t watt basis71 7,b7 9 ! case ( a photovoltaic waf]1 #ab p] squ>e met]1 7,c7 9 ! case ( sol> grade polysilicon1 #c p] kilogram1 7,d7 9 ! case ( a polym]ic back%eet1 #dj c5ts p] squ>e met]1 7,e7 9 ! case ( a sol> module1 an am\nt equal to ! product (-- 7i7 #g c5ts1 multipli$ by 7ii7 ! capacity ( su* module 7express$ on a p] direct curr5t watt basis71 7,f7 9 ! case ( a w9d en]gy compon5t-- 7i7 if su* compon5t is a relat$ (f%ore w9d vessel1 an am\nt equal to #aj p]c5t ( ! sales price ( su* vessel1 & 7ii7 if su* compon5t is n describ$ 9 clause 7i71 an am\nt equal to ! product (-- 7,i7 ! applicable am\nt ) respect to su* compon5t 7z det]m9$ "u p>agraph 7#b77;,a771 multipli$ by 7,,ii7 ! total rat$ capacity 7express$ on a p] watt basis7 ( ! complet$ w9d turb9e = :i* su* compon5t is design$1 7,g7 9 ! case ( a torque tube1 #hg c5ts p] kilogram1 7,h7 9 ! case ( a /ructural fa/5]1 #b4bh p] kilogram1 7,i7 9 ! case ( an inv]t]1 an am\nt equal to ! product (-- 7i7 ! applicable am\nt ) respect to su* inv]t] 7z det]m9$ "u p>agraph 7#b77;,b771 multipli$ by 7ii7 ! capacity ( su* inv]t] 7express$ on a p] alt]nat+ curr5t watt basis71 7,j7 9 ! case ( electrode active mat]ials1 an am\nt equal to #aj p]c5t ( ! co/s incurr$ by ! taxpay] ) respect to production ( su* mat]ials1 7,k7 9 ! case ( a batt]y cell1 an am\nt equal to ! product (-- 7i7 #ce1 multipli$ by 7ii7 subject to p>agraph 7#d71 ! capacity ( su* batt]y cell 7express$ on a kil[att-h\r basis71 7,l7 9 ! case ( a batt]y module1 an am\nt equal to ! product (-- 7i7 #aj 7or1 9 ! case ( a batt]y module :i* does n use batt]y cells1 #de71 multipli$ by 7ii7 subject to p>agraph 7#d71 ! capacity ( su* batt]y module 7express$ on a kil[att-h\r basis71 & 7,m7 9 ! case ( any applicable critical m9]al1 an am\nt equal to #aj p]c5t ( ! co/s incurr$ by ! taxpay] ) respect to production ( su* m9]al4 7#b7 ,applicable am\nts 7,a7 ,w9d en]gy compon5ts ,= purposes ( p>agraph 7#a77;,f77ii71 ! applicable am\nt ) respect to any w9d en]gy compon5t %all be-- 7i7 9 ! case ( a blade1 #b c5ts1 7ii7 9 ! case ( a nacelle1 #e c5ts1 7iii7 9 ! case ( a t[]1 #c c5ts1 & 7iv7 9 ! case ( an (f%ore w9d f\ndation-- 7,i7 :i* uses a fix$ plat=m1 #b c5ts1 or 7,,ii7 :i* uses a float+ plat=m1 #d c5ts4 7,b7 ,inv]t]s ,= purposes ( p>agraph 7#a77;,i71 ! applicable am\nt ) respect to any inv]t] %all be-- 7i7 9 ! case ( a c5tral inv]t]1 #j4be c5ts1 7ii7 9 ! case ( a utility inv]t]1 #a4e c5ts1 7iii7 9 ! case ( a comm]cial inv]t]1 #b c5ts1 7iv7 9 ! case ( a resid5tial inv]t]1 #f4e c5ts1 & 7v7 9 ! case ( a micro9v]t] or a di/ribut$ w9d inv]t]1 #aa c5ts4 7#c7 ,phase out 7,a7 ,9 g5]al ,subject to subp>agraph 7,c71 9 ! case ( any eligible compon5t sold aft] ,decemb] #ca1 #bjbi1 ! am\nt det]m9$ "u ?is subsection ) respect to su* compon5t %all be equal to ! product (-- 7i7 ! am\nt det]m9$ "u p>agraph 7#a7 ) respect to su* compon5t1 z det]m9$ )\t reg>d to ?is p>agraph1 multipli$ by 7ii7 ! phase out p]c5tage "u subp>agraph 7,b74 7,b7 ,phase out p]c5tage ,! phase out p]c5tage "u ?is subp>agraph is equal to-- 7i7 9 ! case ( an eligible compon5t sold dur+ cal5d> ye> #bjcj1 #ge p]c5t1 7ii7 9 ! case ( an eligible compon5t sold dur+ cal5d> ye> #bjca1 #ej p]c5t1 7iii7 9 ! case ( an eligible compon5t sold dur+ cal5d> ye> #bjcb1 #be p]c5t1 7iv7 9 ! case ( an eligible compon5t sold aft] ,decemb] #ca1 #bjcb1 #j p]c5t4 7,c7 ,exception ,= purposes ( det]m9+ ! am\nt "u ?is subsection ) respect to any applicable critical m9]al1 ?is p>agraph %all n apply4 7#d7 ,limitation on capacity ( batt]y cells & batt]y modules 7,a7 ,9 g5]al ,= purposes ( subp>agraph 7,k77ii7 or 7,l77ii7 ( p>agraph 7#a71 ! capacity det]m9$ "u ei!r subp>agraph ) respect to a batt]y cell or batt]y module %all n exce$ a capacity-to-p[] ratio ( #ajj3a4 7,b7 ,capacity-to-p[] ratio ,= purposes ( ?is p>agraph1 ! t]m capacity-to-p[] ratio means1 ) respect to a batt]y cell or batt]y module1 ! ratio ( ! capacity ( su* cell or module to ! maximum dis*>ge am\nt ( su* cell or module4 7c7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,eligible compon5t 7,a7 ,9 g5]al ,! t]m eligible compon5t means-- 7i7 any sol> en]gy compon5t1 7ii7 any w9d en]gy compon5t1 7iii7 any inv]t] describ$ 9 subp>agraphs 7,b7 ?r\gh 7,g7 ( p>agraph 7#b71 7iv7 any qualify+ batt]y compon5t1 & 7v7 any applicable critical m9]al4 7,b7 ,application ) o!r cr$its ,! t]m eligible compon5t %all n include any prop]ty :i* is produc$ at a facility if ! basis ( any prop]ty :i* is "p ( su* facility is tak5 into acc\nt = purposes ( ! cr$it all[$ "u section #dh;,c aft] ! date ( ! enactm5t ( ?is section4 7#b7 ,inv]t]s 7,a7 ,9 g5]al ,! t]m inv]t] means an end product :i* is suitable to conv]t direct curr5t electricity f #a or m sol> modules or c]tifi$ di/ribut$ w9d en]gy sy/ems into alt]nat+ curr5t electricity4 7,b7 ,c5tral inv]t] ,! t]m c5tral inv]t] means an inv]t] :i* is suitable = l>ge utility-scale sy/ems & has a capacity :i* is great] ?an #a1jjj kil[atts 7express$ on a p] alt]nat+ curr5t watt basis74 7,c7 ,comm]cial inv]t] ,! t]m comm]cial inv]t] means an inv]t] :i*-- 7i7 is suitable = comm]cial or utility-scale applications1 7ii7 has a rat$ output ( #bjh1 #dhj1 #fjj1 or #hjj volt ?ree-phase p[]1 & 7iii7 has a capacity :i* is n less ?an #bj kil[atts & n great] ?an #abe kil[atts 7express$ on a p] alt]nat+ curr5t watt basis74 7,d7 ,di/ribut$ w9d inv]t] 7i7 ,9 g5]al ,! t]m di/ribut$ w9d inv]t] means an inv]t] :i*-- 7,i7 is us$ 9 a resid5tial or non-resid5tial sy/em :i* utilizes #a or m c]tifi$ di/ribut$ w9d en]gy sy/ems1 & 7,,ii7 has a rat$ output ( n great] ?an #aej kil[atts4 7ii7 ,c]tifi$ di/ribut$ w9d en]gy sy/em ,! t]m c]tifi$ di/ribut$ w9d en]gy sy/em means a w9d en]gy sy/em :i* is c]tifi$ by an accr$it$ c]tification ag5cy to meet ,/&>d #i4a-bjji ( ! ,am]ican ,w9d ,en]gy ,association 7includ+ any subsequ5t revisions to or modifications ( su* ,/&>d :i* h be5 approv$ by ! ,am]ican ,national ,/&>ds ,in/itute74 7,e7 ,micro9v]t] ,! t]m micro9v]t] means an inv]t] :i*-- 7i7 is suitable to connect ) "o sol> module1 7ii7 has a rat$ output (-- 7,i7 #abj or #bdj volt s+le-phase p[]1 or 7,,ii7 #bjh or #dhj volt ?ree-phase p[]1 & 7iii7 has a capacity :i* is n great] ?an #fej watts 7express$ on a p] alt]nat+ curr5t watt basis74 7,f7 ,resid5tial inv]t] ,! t]m resid5tial inv]t] means an inv]t] :i*-- 7i7 is suitable = a resid5ce1 7ii7 has a rat$ output ( #abj or #bdj volt s+le-phase p[]1 & 7iii7 has a capacity :i* is n great] ?an #bj kil[atts 7express$ on a p] alt]nat+ curr5t watt basis74 7,g7 ,utility inv]t] ,! t]m utility inv]t] means an inv]t] :i*-- 7i7 is suitable = comm]cial or utility-scale sy/ems1 7ii7 has a rat$ output ( n less ?an #fjj volt ?ree-phase p[]1 & 7iii7 has a capacity :i* is great] ?an #abe kil[atts & n great] ?an #ajjj kil[atts 7express$ on a p] alt]nat+ curr5t watt basis7 7#c7 ,sol> en]gy compon5t 7,a7 ,9 g5]al ,! t]m sol> en]gy compon5t means any ( ! foll[+3 7i7 ,sol> modules4 7ii7 ,photovoltaic cells4 7iii7 ,photovoltaic waf]s4 7iv7 ,sol> grade polysilicon4 7v7 ,torque tubes or /ructural fa/5]s4 7vi7 ,polym]ic back%eets4 7,b7 ,associat$ def9itions 7i7 ,photovoltaic cell ,! t]m photovoltaic cell means ! smalle/ semiconductor elem5t ( a sol> module :i* p]=ms ! imm$iate conv]sion ( light into electricity4 7ii7 ,photovoltaic waf] ,! t]m photovoltaic waf] means a ?9 slice1 %eet1 or lay] ( semiconductor mat]ial ( at lea/ #bdj squ>e c5timet]s-- 7,i7 produc$ by a s+le manufactur] ei!r-- 7aa7 directly f molt5 or evaporat$ sol> grade polysilicon or deposition ( sol> grade ?9 film semiconductor photon absorb] lay]1 or 7bb7 ?r\gh =mation ( an +ot f molt5 polysilicon & subsequ5t slic+1 & 7,,ii7 :i* comprises ! sub/rate or absorb] lay] ( "o or m photovoltaic cells4 7iii7 ,polym]ic back%eet ,! t]m polym]ic back%eet means a %eet on ! back ( a sol> module :i* acts z an electric insulator & protects ! inn] compon5ts ( su* module f ! surr\nd+ environm5t4 7iv7 ,sol> grade polysilicon ,! t]m sol> grade polysilicon means silicon :i* is-- 7,i7 suitable = use 9 photovoltaic manufactur+1 & 7,,ii7 purifi$ to a m9imum purity ( #ii4iiiiii p]c5t silicon by mass4 7v7 ,sol> module ,! t]m sol> module means ! connection & lam9ation ( photovoltaic cells into an environm5tally protect$ f9al assembly :i* is-- 7,i7 suitable to g5]ate electricity :5 expos$ to sunlight1 & 7,,ii7 ready = in/allation )\t an additional manufactur+ process4 7vi7 ,sol> track] ,! t]m sol> track] means a me*anical sy/em t moves sol> modules accord+ to ! position ( ! sun & to increase en]gy output4 7vii7 ,sol> track] compon5ts 7,i7 ,torque tube ,! t]m torque tube means a /ructural /eel support elem5t 7includ+ longitud9al purl9s7 :i*-- 7aa7 is "p ( a sol> track]1 7bb7 is ( any cross-sectional %ape1 7cc7 may be assembl$ f individually manufactur$ segm5ts1 7dd7 spans longitud9ally betwe5 f\ndation po/s1 7ee7 supports sol> panels & is connect$ to a m\nt+ atta*m5t = sol> panels 7) or )\t sep>ate module int]face rails71 & 7ff7 is rotat$ by means ( a drive sy/em4 7,,ii7 ,/ructural fa/5] ,! t]m /ructural fa/5] means a compon5t :i* is us$-- 7aa7 to connect ! me*anical & drive sy/em compon5ts ( a sol> track] to ! f\ndation ( su* sol> track]1 7bb7 to connect torque tubes to drive assemblies1 or 7cc7 to connect segm5ts ( torque tubes to "o ano!r4 7#d7 ,w9d en]gy compon5t 7,a7 ,9 g5]al ,! t]m w9d en]gy compon5t means any ( ! foll[+3 7i7 ,blades4 7ii7 ,nacelles4 7iii7 ,t[]s4 7iv7 ,(f%ore w9d f\ndations4 7v7 ,relat$ (f%ore w9d vessels4 7,b7 ,associat$ def9itions 7i7 ,blade ,! t]m blade means an airfoil-%ap$ blade :i* is responsible = conv]t+ w9d en]gy to l[-spe$ rotational en]gy4 7ii7 ,(f%ore w9d f\ndation ,! t]m (f%ore w9d f\ndation means ! compon5t 7includ+ transition piece7 :i* secures an (f%ore w9d t[] & any above-wat] turb9e compon5ts to ! seafloor us+-- 7,i7 fix$ plat=ms1 su* z (f%ore w9d monopiles1 jackets1 or gravity-bas$ f\ndations1 or 7,,ii7 float+ plat=ms & associat$ moor+ sy/ems4 7iii7 ,nacelle ,! t]m nacelle means ! assembly ( ! drivetra9 & o!r t[]-top compon5ts ( a w9d turb9e 7) ! exception ( ! blades & ! hub7 )9 _! cov] h\s+4 7iv7 ,relat$ (f%ore w9d vessel ,! t]m relat$ (f%ore w9d vessel means any vessel :i* is purpose-built or retr(itt$ = purposes ( ! developm5t1 transport1 in/allation1 op]ation1 or ma9t5ance ( (f%ore w9d en]gy compon5ts4 7v7 ,t[] ,! t]m t[] means a tubul> or lattice /ructure :i* supports ! nacelle & rotor ( a w9d turb9e4 7#e7 ,qualify+ batt]y compon5t 7,a7 ,9 g5]al ,! t]m qualify+ batt]y compon5t means any ( ! foll[+3 7i7 ,electrode active mat]ials4 7ii7 ,batt]y cells4 7iii7 ,batt]y modules4 7,b7 ,associat$ def9itions 7i7 ,electrode active mat]ial ,! t]m electrode active mat]ial means ca?ode mat]ials1 anode mat]ials1 anode foils1 & electro*emically active mat]ials1 includ+ solv5ts1 additives1 & electrolyte salts t contribute to ! electro*emical processes necess>y = en]gy /orage 4 7ii7 ,batt]y cell ,! t]m batt]y cell means an electro*emical cell-- 7,i7 compris$ ( #a or m positive electrodes & #a or m negative electrodes1 7,,ii7 ) an en]gy d5sity ( n less ?an #ajj watt-h\rs p] lit]1 & 7,,iii7 capable ( /or+ at lea/ #ab watt-h\rs ( en]gy4 7iii7 ,batt]y module ,! t]m batt]y module means a module-- 7,i7 7aa7 9 ! case ( a module us+ batt]y cells1 ) #b or m batt]y cells :i* are configur$ electrically1 9 s]ies or p>allel1 to create voltage or curr5t1 z appropriate1 to a specifi$ end use1 or 7bb7 ) no batt]y cells1 & 7,,ii7 ) an aggregate capacity ( n less ?an #g kil[att-h\rs 7or1 9 ! case ( a module = a hydrog5 fuel cell vehicle1 n less ?an #a kil[att-h\r74 7#f7 ,applicable critical m9]als ,! t]m applicable critical m9]al means any ( ! foll[+3 7,a7 ,alum9um ,alum9um :i* is-- 7i7 conv]t$ f bauxite to a m9imum purity ( #ii p]c5t alum9a by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii4i p]c5t alum9um by mass4 7,b7 ,antimony ,antimony :i* is-- 7i7 conv]t$ to antimony trisulfide conc5trate ) a m9imum purity ( #ij p]c5t antimony trisulfide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii4fe p]c5t antimony by mass4 7,c7 ,b>ite ,b>ite :i* is b>ium sulfate purifi$ to a m9imum purity ( #hj p]c5t b>ite by mass4 7,d7 ,b]yllium ,b]yllium :i* is-- 7i7 conv]t$ to copp]-b]yllium ma/] alloy1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t b]yllium by mass4 7,e7 ,c]ium ,c]ium :i* is-- 7i7 conv]t$ to c]ium oxide :i* is purifi$ to a m9imum purity ( #ii4i p]c5t c]ium oxide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t c]ium by mass4 7,f7 ,cesium ,cesium :i* is-- 7i7 conv]t$ to cesium =mate or cesium c>bonate1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t cesium by mass4 7,g7 ,*romium ,*romium :i* is-- 7i7 conv]t$ to f]ro*romium consi/+ ( n less ?an #fj p]c5t *romium by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t *romium by mass4 7,h7 ,cobalt ,cobalt :i* is-- 7i7 conv]t$ to cobalt sulfate1 or 7ii7 purifi$ to a m9imum purity ( #ii4f p]c5t cobalt by mass4 7,i7 ,dysprosium ,dysprosium :i* is-- 7i7 conv]t$ to n less ?an #ii p]c5t pure dysprosium iron alloy by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t dysprosium by mass4 7,j7 ,europium ,europium :i* is-- 7i7 conv]t$ to europium oxide :i* is purifi$ to a m9imum purity ( #ii4i p]c5t europium oxide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t by mass4 7,k7 ,fluorsp> ,fluorsp> :i* is-- 7i7 conv]t$ to fluorsp> :i* is purifi$ to a m9imum purity ( #ig p]c5t calcium fluoride by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t fluorsp> by mass4 7,l7 ,gadol9ium ,gadol9ium :i* is-- 7i7 conv]t$ to gadol9ium oxide :i* is purifi$ to a m9imum purity ( #ii4i p]c5t gadol9ium oxide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t gadol9ium by mass4 7,m7 ,g]manium ,g]manium :i* is-- 7i7 conv]t$ to g]manium tetra*loride1 or 7ii7 purifi$ to a m9imum purity ( #ii4ii p]c5t g]manium by mass4 7,n7 ,graphite ,graphite :i* is purifi$ to a m9imum purity ( #ii4i p]c5t graphitic c>bon by mass4 7,o7 ,indium ,indium :i* is-- 7i7 conv]t$ to-- 7,i7 indium t9 oxide1 or 7,,ii7 indium oxide :i* is purifi$ to a m9imum purity ( #ii4i p]c5t indium oxide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t indium by mass4 7,p7 ,li?ium ,li?ium :i* is-- 7i7 conv]t$ to li?ium c>bonate or li?ium hydroxide1 or 7ii7 purifi$ to a m9imum purity ( #ii4i p]c5t li?ium by mass4 7,q7 ,manganese ,manganese :i* is-- 7i7 conv]t$ to manganese sulphate1 or 7ii7 purifi$ to a m9imum purity ( #ii4g p]c5t manganese by mass4 7,r7 ,neodymium ,neodymium :i* is-- 7i7 conv]t$ to neodymium-praseodymium oxide :i* is purifi$ to a m9imum purity ( #ii p]c5t neodymium-praseodymium oxide by mass1 7ii7 conv]t$ to neodymium oxide :i* is purifi$ to a m9imum purity ( #ii4e p]c5t neodymium oxide by mass 7iii7 purifi$ to a m9imum purity ( #ii4i p]c5t neodymium by mass4 7,s7 ,nickel ,nickel :i* is-- 7i7 conv]t$ to nickel sulphate1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t nickel by mass4 7,t7 ,niobium ,niobium :i* is-- 7i7 conv]t$ to f]ronibium1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t niobium by mass4 7,u7 ,tellurium ,tellurium :i* is-- 7i7 conv]t$ to cadmium telluride1 or 7ii7 purifi$ to a m9imum purity ( #ii p]c5t tellurium by mass4 7,v7 ,t9 ,t9 :i* is purifi$ to l[ alpha emitt+ t9 :i*-- 7i7 has a purity ( great] ?an #ii4ii p]c5t by mass1 & 7ii7 possesses an alpha emission rate ( n great] ?an #j4ja c\nts p] h\r p] c5timet] squ>e4 7,w7 ,tung/5 ,tung/5 :i* is conv]t$ to ammonium p>atung/ate or f]rotung/54 7,x7 ,vanadium ,vanadium :i* is conv]t$ to f]rovanadium or vanadium p5toxide4 7,y7 ,yttrium ,yttrium :i* is-- 7i7 conv]t$ to yttrium oxide :i* is purifi$ to a m9imum purity ( #ii4iii p]c5t yttrium oxide by mass1 or 7ii7 purifi$ to a m9imum purity ( #ii4i p]c5t yttrium by mass4 7,z7 ,o!r m9]als ,any ( ! foll[+ m9]als1 provid$ t su* m9]al is purifi$ to a m9imum purity ( #ii p]c5t by mass3 7i7 ,ars5ic4 7ii7 ,bismu?4 7iii7 ,erbium4 7iv7 ,gallium4 7v7 ,hafnium4 7vi7 ,holmium4 7vii7 ,iridium4 7viii7 ,lan?anum4 7ix7 ,lutetium4 7x7 ,magnesium4 7xi7 ,palladium4 7xii7 ,plat9um4 7xiii7 ,praseodymium4 7xiv7 ,rhodium4 7xv7 ,rubidium4 7xvi7 ,ru!nium4 7xvii7 ,sam>ium4 7xviii7 ,sc&ium4 7xix7 ,tantalum4 7xx7 ,t]bium4 7xxi7 ,?ulium4 7xxii7 ,titanium4 7xxiii7 ,ytt]bium4 7xxiv7 ,z9c4 7xxv7 ,zirconium4 7d7 ,special rules ,9 ?is section-- 7#a7 ,relat$ p]sons ,p]sons %all be treat$ z relat$ to ea* o!r if su* p]sons w\ld be treat$ z a s+le employ] "u ! regulations prescrib$ "u section #eb7;b74 7#b7 ,only production 9 ! ,unit$ ,/ates tak5 into acc\nt ,sales %all be tak5 into acc\nt "u ?is section only ) respect to eligible compon5ts ! production ( :i* is )9-- 7,a7 ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7a771 or 7,b7 a possession ( ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7b774 7#c7 ,pass-?ru 9 ! case ( e/ates & tru/s ,"u regulations prescrib$ by ! ,secret>y1 rules simil> to ! rules ( subsection 7d7 ( section #eb %all apply4 7#d7 ,sale ( integrat$ compon5ts ,= purposes ( ?is section1 a p]son %all be treat$ z hav+ sold an eligible compon5t to an unrelat$ p]son if su* compon5t is integrat$1 incorporat$1 or assembl$ into ano!r eligible compon5t :i* is sold to an unrelat$ p]son4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #ch7;b7 ( ! ,int]nal ,rev5ue ,code ( #aihf1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 p>agraph 7#cf71 by /rik+ plus at ! end1 7,b7 9 p>agraph 7#cg71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#ch7 ! advanc$ manufactur+ production cr$it det]m9$ "u section #de,x7a74 4 7#b7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,x4 ,advanc$ manufactur+ production cr$it4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to compon5ts produc$ & sold aft] ,decemb] #ca1 #bjbb4 #f ,sup]fund #acfja4 ,re9/atem5t ( ,sup]fund 7a7 ,haz>d\s ,sub/ance ,sup]fund f9anc+ rate 7#a7 ,ext5sion ,section #dfaa is am5d$ by /rik+ subsection 7e74 7#b7 ,adju/m5t = inflation 7,a7 ,section #dfaa7;c77#b77;,a7 is am5d$ by /rik+ #i4g c5ts & ins]t+ #af4d c5ts4 7,b7 ,section #dfaa7;c7 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,adju/m5t = inflation 7,a7 ,9 g5]al ,9 ! case ( a ye> beg9n+ aft] #bjbc1 ! am\nt 9 p>agraph 7#b77;,a7 %all be increas$ by an am\nt equal to-- 7i7 su* am\nt1 multipli$ by 7ii7 ! co/-(-liv+ adju/m5t det]m9$ "u section #a7;f77#c7 = ! cal5d> ye>1 det]m9$ by sub/itut+ cal5d> ye> #bjbb = cal5d> ye> #bjaf 9 subp>agraph 7,a77ii7 !re(4 7,b7 ,r\nd+ ,if any am\nt z adju/$ "u subp>agraph 7,a7 is n a multiple ( #j4ja1 su* am\nt %all be r\nd$ to ! next l[e/ multiple ( #j4ja4 4 7b7 ,au?ority = advances ,section #iejg7;d77#c77;,b7 is am5d$ by /rik+ ,decemb] #ca1 #aiie & ins]t+ ,decemb] #ca1 #bjcb4 7c7 ,effective date ,! am5dm5ts made by ?is section %all take effect on ,janu>y #a1 #bjbc4 #g ,inc5tives = ,clean ,electricity & ,clean ,transportation #acgja4 ,clean electricity production cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new section3 #de,y4 ,clean electricity production cr$it 7a7 ,am\nt ( cr$it 7#a7 ,9 g5]al ,= purposes ( section #ch1 ! clean electricity production cr$it = any taxable ye> is an am\nt equal to ! product (-- 7,a7 ! kil[att h\rs ( electricity-- 7i7 produc$ by ! taxpay] at a qualifi$ facility1 & 7ii7 7,i7 sold by ! taxpay] to an unrelat$ p]son dur+ ! taxable ye>1 or 7,,ii7 9 ! case ( a qualifi$ facility :i* is equipp$ ) a met]+ device :i* is own$ & op]at$ by an unrelat$ p]son1 sold1 consum$1 or /or$ by ! taxpay] dur+ ! taxable ye>1 multipli$ by 7,b7 ! applicable am\nt ) respect to su* qualifi$ facility4 7#b7 ,applicable am\nt 7,a7 ,base am\nt ,subject to subsection 7g77#g71 9 ! case ( any qualifi$ facility :i* is n describ$ 9 clause 7i7 or 7ii7 ( subp>agraph 7,b7 & does n satisfy ! requirem5ts describ$ 9 clause 7iii7 ( su* subp>agraph1 ! applicable am\nt %all be #j4c c5ts4 7,b7 ,alt]native am\nt ,subject to subsection 7g77#g71 9 ! case ( any qualifi$ facility-- 7i7 ) a maximum net output ( less ?an #a megawatt 7z measur$ 9 alt]nat+ curr5t71 7ii7 ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#i7 & 7#aj7 ( subsection 7g71 or 7iii7 :i*-- 7,i7 satisfies ! requirem5ts "u p>agraph 7#i7 ( subsection 7g71 & 7,,ii7 ) respect to ! con/ruction ( su* facility1 satisfies ! requirem5ts "u p>agraph 7#aj7 ( subsection 7g71 ! applicable am\nt %all be #a4e c5ts4 7b7 ,qualifi$ facility 7#a7 ,9 g5]al 7,a7 ,def9ition ,subject to subp>agraphs 7,b71 7,c71 & 7,d71 ! t]m qualifi$ facility means a facility own$ by ! taxpay]-- 7i7 :i* is us$ = ! g5]ation ( electricity1 7ii7 :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd1 & 7iii7 = :i* ! gre5h\se gas emissions rate 7z det]m9$ "u p>agraph 7#b77 is n great] ?an z]o4 7,b7 #aj-ye> production cr$it ,= purposes ( ?is section1 a facility %all only be treat$ z a qualifi$ facility dur+ ! #aj-ye> p]iod beg9n+ on ! date ! facility 0 orig9ally plac$ 9 s]vice4 7,c7 ,expansion ( facility2 increm5tal production ,! t]m qualifi$ facility %all include ei!r ( ! foll[+ 9 connection ) a facility describ$ 9 subp>agraph 7,a7 7)\t reg>d to clause 7ii7 ( su* subp>agraph7 :i* 0 plac$ 9 s]vice be=e ,janu>y #a1 #bjbe1 b only to ! ext5t ( ! increas$ am\nt ( electricity produc$ at ! facility by reason ( ! foll[+3 7i7 ,a new unit :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 7ii7 ,any additions ( capacity :i* are plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 7,d7 ,coord9ation ) o!r cr$its ,! t]m qualifi$ facility %all n include any facility = :i* a cr$it det]m9$ "u section #de1 #de;,j1 #de,q1 #de,u1 #dh1 #dh;,a1 or #dh;,e is all[$ "u section #ch = ! taxable ye> or any prior taxable ye>4 7#b7 ,gre5h\se gas emissions rate 7,a7 ,9 g5]al ,= purposes ( ?is section1 ! t]m gre5h\se gas emissions rate means ! am\nt ( gre5h\se gases emitt$ into ! atmosph]e by a facility 9 ! production ( electricity1 express$ z grams ( ,,co#b;e p] ,k,wh4 7,b7 ,fuel combu/ion & gasification ,9 ! case ( a facility :i* produces electricity ?r\gh combu/ion or gasification1 ! gre5h\se gas emissions rate = su* facility %all be equal to ! net rate ( gre5h\se gases emitt$ into ! atmosph]e by su* facility 7tak+ into acc\nt lifecycle gre5h\se gas emissions1 z describ$ 9 section #baa7o77#a77;,h7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,h777 9 ! production ( electricity1 express$ z grams ( ,,co#b;e p] ,k,wh4 7,c7 ,e/abli%m5t ( emissions rates = facilities 7i7 ,publi%+ emissions rates ,! ,secret>y %all annually publi% a table t sets =? ! gre5h\se gas emissions rates = types or categories ( facilities1 :i* a taxpay] %all use = purposes ( ?is section4 7ii7 ,provisional emissions rate ,9 ! case ( any facility = :i* an emissions rate has n be5 e/abli%$ by ! ,secret>y1 a taxpay] :i* owns su* facility may file a petition ) ! ,secret>y = det]m9ation ( ! emissions rate ) respect to su* facility4 7,d7 ,c>bon capture & seque/ration equipm5t ,= purposes ( ?is subsection1 ! am\nt ( gre5h\se gases emitt$ into ! atmosph]e by a facility 9 ! production ( electricity %all n include any qualifi$ c>bon dioxide t is captur$ by ! taxpay] &-- 7i7 pursuant to any regulations e/abli%$ "u p>agraph 7#b7 ( section #de,q7f71 dispos$ ( by ! taxpay] 9 secure geological /orage1 or 7ii7 utiliz$ by ! taxpay] 9 a mann] describ$ 9 p>agraph 7#e7 ( su* section4 7c7 ,inflation adju/m5t 7#a7 ,9 g5]al ,9 ! case ( a cal5d> ye> beg9n+ aft] #bjbd1 ! #j4c c5t am\nt 9 p>agraph 7#b77;,a7 ( subsection 7a7 & ! #a4e c5t am\nt 9 p>agraph 7#b77;,b7 ( su* subsection %all ea* be adju/$ by multiply+ su* am\nt by ! inflation adju/m5t factor = ! cal5d> ye> 9 :i* ! sale1 consumption1 or /orage ( ! electricity occurs4 ,if ! #j4c c5t am\nt z increas$ "u ?is p>agraph is n a multiple ( #j4je c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4je c5t4 ,if ! #a4e c5t am\nt z increas$ "u ?is p>agraph is n a multiple ( #j4a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a c5t4 7#b7 ,annual computation ,! ,secret>y %all1 n lat] ?an ,april #a ( ea* cal5d> ye>1 det]m9e & publi% 9 ! ,f$]al ,regi/] ! inflation adju/m5t factor = su* cal5d> ye> 9 accordance ) ?is subsection4 7#c7 ,inflation adju/m5t factor ,! t]m inflation adju/m5t factor means1 ) respect to a cal5d> ye>1 a fraction ! num]ator ( :i* is ! ,,gdp implicit price deflator = ! prec$+ cal5d> ye> & ! d5om9ator ( :i* is ! ,,gdp implicit price deflator = ! cal5d> ye> #aiib4 ,! t]m ,,gdp implicit price deflator means ! mo/ rec5t revision ( ! implicit price deflator = ! gross dome/ic product z comput$ & publi%$ by ! ,dep>tm5t ( ,comm]ce be=e ,m>* #ae ( ! cal5d> ye>4 7d7 ,cr$it phase-out 7#a7 ,9 g5]al ,! am\nt ( ! clean electricity production cr$it "u subsection 7a7 = any qualifi$ facility ! con/ruction ( :i* beg9s dur+ a cal5d> ye> describ$ 9 p>agraph 7#b7 %all be equal to ! product (-- 7,a7 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 )\t reg>d to ?is subsection1 multipli$ by 7,b7 ! phase-out p]c5tage "u p>agraph 7#b74 7#b7 ,phase-out p]c5tage ,! phase-out p]c5tage "u ?is p>agraph is equal to-- 7,a7 = a facility ! con/ruction ( :i* beg9s dur+ ! fir/ cal5d> ye> foll[+ ! applicable ye>1 #ajj p]c5t1 7,b7 = a facility ! con/ruction ( :i* beg9s dur+ ! second cal5d> ye> foll[+ ! applicable ye>1 #ge p]c5t1 7,c7 = a facility ! con/ruction ( :i* beg9s dur+ ! ?ird cal5d> ye> foll[+ ! applicable ye>1 #ej p]c5t1 & 7,d7 = a facility ! con/ruction ( :i* beg9s dur+ any cal5d> ye> subsequ5t to ! cal5d> ye> describ$ 9 subp>agraph 7,c71 #j p]c5t4 7#c7 ,applicable ye> ,= purposes ( ?is subsection1 ! t]m applicable ye> means ! lat] (-- 7,a7 ! cal5d> ye> 9 :i* ! ,secret>y det]m9es t ! annual gre5h\se gas emissions f ! production ( electricity 9 ! ,unit$ ,/ates are equal to or less ?an #be p]c5t ( ! annual gre5h\se gas emissions f ! production ( electricity 9 ! ,unit$ ,/ates = cal5d> ye> #bjbb1 or 7,b7 #bjcb4 7e7 ,def9itions ,= purposes ( ?is section3 7#a7 ,,co#b;e p] ,k,wh ,! t]m ,,co#b;e p] ,k,wh means1 ) respect to any gre5h\se gas1 ! equival5t c>bon dioxide 7z det]m9$ bas$ on global w>m+ pot5tial7 p] kil[att h\r ( electricity produc$4 7#b7 ,gre5h\se gas ,! t]m gre5h\se gas has ! same mean+ giv5 su* t]m "u section #baa7o77#a77;,g7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,g771 z 9 effect on ! date ( ! enactm5t ( ?is section4 7#c7 ,qualifi$ c>bon dioxide ,! t]m qualifi$ c>bon dioxide means c>bon dioxide captur$ f an indu/rial s\rce :i*-- 7,a7 w\ld o!rwise be releas$ into ! atmosph]e z indu/rial emission ( gre5h\se gas1 7,b7 is measur$ at ! s\rce ( capture & v]ifi$ at ! po9t ( disposal or utilization1 & 7,c7 is captur$ & dispos$ or utiliz$ )9 ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7a77 or a possession ( ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7b774 7f7 ,guidance ,n lat] ?an ,janu>y #a1 #bjbe1 ! ,secret>y %all issue guidance reg>d+ implem5tation ( ?is section1 includ+ calculation ( gre5h\se gas emission rates = qualifi$ facilities & det]m9ation ( clean electricity production cr$its "u ?is section4 7g7 ,special rules 7#a7 ,only production 9 ! ,unit$ ,/ates tak5 into acc\nt ,consumption1 sales1 or /orage %all be tak5 into acc\nt "u ?is section only ) respect to electricity ! production ( :i* is )9-- 7,a7 ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7a771 or 7,b7 a possession ( ! ,unit$ ,/ates 7)9 ! mean+ ( section #fch7b774 7#b7 ,comb9$ heat & p[] sy/em prop]ty 7,a7 ,9 g5]al ,= purposes ( subsection 7a7-- 7i7 ! kil[att h\rs ( electricity produc$ by a taxpay] at a qualifi$ facility %all include any production 9 ! =m ( useful !rmal en]gy by any comb9$ heat & p[] sy/em prop]ty )9 su* facility1 & 7ii7 ! am\nt ( gre5h\se gases emitt$ into ! atmosph]e by su* facility 9 ! production ( su* useful !rmal en]gy %all be includ$ = purposes ( det]m9+ ! gre5h\se gas emissions rate = su* facility4 7,b7 ,comb9$ heat & p[] sy/em prop]ty ,= purposes ( ?is p>agraph1 ! t]m comb9$ heat & p[] sy/em prop]ty has ! same mean+ giv5 su* t]m by section #dh7;c77#c7 7)\t reg>d to subp>agraphs 7,a77iv71 7,b71 & 7,d7 !re(74 7,c7 ,conv]sion f ,,btu to ,k,wh 7i7 ,9 g5]al ,= purposes ( subp>agraph 7,a77i71 ! am\nt ( kil[att h\rs ( electricity produc$ 9 ! =m ( useful !rmal en]gy %all be equal to ! quoti5t (-- 7,i7 ! total useful !rmal en]gy produc$ by ! comb9$ heat & p[] sy/em prop]ty )9 ! qualifi$ facility1 divid$ by 7,,ii7 ! heat rate = su* facility4 7ii7 ,heat rate ,= purposes ( ?is subp>agraph1 ! t]m heat rate means ! am\nt ( en]gy us$ by ! qualifi$ facility to g5]ate #a kil[att h\r ( electricity1 express$ z ,briti% !rmal units p] net kil[att h\r g5]at$4 7#c7 ,production attributable to ! taxpay] ,9 ! case ( a qualifi$ facility 9 :i* m ?an #a p]son has an own]%ip int]e/1 except to ! ext5t provid$ 9 regulations prescrib$ by ! ,secret>y1 production f ! facility %all be allocat$ among su* p]sons 9 proportion to _! respective own]%ip int]e/s 9 ! gross sales f su* facility4 7#d7 ,relat$ p]sons ,p]sons %all be treat$ z relat$ to ea* o!r if su* p]sons w\ld be treat$ z a s+le employ] "u ! regulations prescrib$ "u section #eb7;b74 ,9 ! case ( a corporation :i* is a memb] ( an affiliat$ gr\p ( corporations fil+ a consolidat$ return1 su* corporation %all be treat$ z sell+ electricity to an unrelat$ p]son if su* electricity is sold to su* a p]son by ano!r memb] ( su* gr\p4 7#e7 ,pass-?ru 9 ! case ( e/ates & tru/s ,"u regulations prescrib$ by ! ,secret>y1 rules simil> to ! rules ( subsection 7d7 ( section #eb %all apply4 7#f7 ,allocation ( cr$it to patrons ( agricultural coop]ative 7,a7 ,election to allocate 7i7 ,9 g5]al ,9 ! case ( an eligible coop]ative organization1 any portion ( ! cr$it det]m9$ "u subsection 7a7 = ! taxable ye> may1 at ! election ( ! organization1 be apportion$ among patrons ( ! organization on ! basis ( ! am\nt ( bus9ess done by ! patrons dur+ ! taxable ye>4 7ii7 ,=m & effect ( election ,an election "u clause 7i7 = any taxable ye> %all be made on a timely fil$ return = su* ye>4 ,su* election1 once made1 %all be irrevocable = su* taxable ye>4 ,su* election %all n take effect unless ! organization designates ! apportionm5t z su* 9 a writt5 notice mail$ to its patrons dur+ ! paym5t p]iod describ$ 9 section #achb7;d74 7,b7 ,treatm5t ( organizations & patrons ,! am\nt ( ! cr$it apportion$ to any patrons "u subp>agraph 7,a7-- 7i7 %all n be includ$ 9 ! am\nt det]m9$ "u subsection 7a7 ) respect to ! organization = ! taxable ye>1 & 7ii7 %all be includ$ 9 ! am\nt det]m9$ "u subsection 7a7 = ! fir/ taxable ye> ( ea* patron end+ on or aft] ! la/ day ( ! paym5t p]iod 7z def9$ 9 section #achb7;d77 = ! taxable ye> ( ! organization or1 if e>li]1 = ! taxable ye> ( ea* patron end+ on or aft] ! date on :i* ! patron receives notice f ! coop]ative ( ! apportionm5t4 7,c7 ,special rules = decrease 9 cr$its = taxable ye> ,if ! am\nt ( ! cr$it ( a coop]ative organization det]m9$ "u subsection 7a7 = a taxable ye> is less ?an ! am\nt ( su* cr$it %[n on ! return ( ! coop]ative organization = su* ye>1 an am\nt equal to ! excess (-- 7i7 su* r$uction1 ov] 7ii7 ! am\nt n apportion$ to su* patrons "u subp>agraph 7,a7 = ! taxable ye>1 %all be treat$ z an increase 9 tax impos$ by ?is *apt] on ! organization4 ,su* increase %all n be treat$ z tax impos$ by ?is *apt] = purposes ( det]m9+ ! am\nt ( any cr$it "u ?is *apt]4 7,d7 ,eligible coop]ative def9$ ,= purposes ( ?is section1 ! t]m eligible coop]ative means a coop]ative organization describ$ 9 section #acha7;a7 :i* is own$ m ?an #ej p]c5t by agricultural produc]s or by entities own$ by agricultural produc]s4 ,= ?is purpose an entity own$ by an agricultural produc] is "o t is m ?an #ej p]c5t own$ by agricultural produc]s4 7#g7 ,increase 9 cr$it 9 en]gy communities ,9 ! case ( any qualifi$ facility :i* is locat$ 9 an en]gy community 7z def9$ 9 section #de7;b77#aa77;,b771 = purposes ( det]m9+ ! am\nt ( ! cr$it "u subsection 7a7 ) respect to any electricity produc$ by ! taxpay] at su* facility dur+ ! taxable ye>1 ! applicable am\nt "u p>agraph 7#b7 ( su* subsection %all be increas$ by an am\nt equal to #aj p]c5t ( ! am\nt o!rwise 9 effect "u su* p>agraph4 7#h7 ,cr$it r$uc$ = tax-exempt bonds ,rules simil> to ! rules ( section #de7;b77#c7 %all apply4 7#i7 ,wage requirem5ts ,rules simil> to ! rules ( section #de7;b77#g7 %all apply4 7#aj7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#aa7 ,dome/ic cont5t bonus cr$it am\nt 7,a7 ,9 g5]al ,9 ! case ( any qualifi$ facility :i* satisfies ! requirem5t "u subp>agraph 7,b77i71 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 %all be increas$ by an am\nt equal to #aj p]c5t ( ! am\nt s det]m9$ 7z det]m9$ )\t application ( p>agraph 7#g774 7,b7 ,requirem5t 7i7 ,9 g5]al ,! requirem5t describ$ 9 ?is subclause is satisfi$ ) respect to any qualifi$ facility if ! taxpay] c]tifies to ! ,secret>y 7at su* "t1 & 9 su* =m & mann]1 z ! ,secret>y may prescribe7 t any /eel1 iron1 or manufactur$ product :i* is a compon5t ( su* facility 7^u completion ( con/ruction7 0 produc$ 9 ! ,unit$ ,/ates 7z det]m9$ "u section #ffa ( title #di1 ,code ( ,f$]al ,regulations74 7ii7 ,/eel & iron ,9 ! case ( /eel or iron1 clause 7i7 %all be appli$ 9 a mann] consi/5t ) section #ffa4e ( title #di1 ,code ( ,f$]al ,regulations4 7iii7 ,manufactur$ product ,= purposes ( clause 7i71 ! manufactur$ products :i* are compon5ts ( a qualifi$ facility ^u completion ( con/ruction %all be deem$ to h be5 produc$ 9 ! ,unit$ ,/ates if n less ?an ! adju/$ p]c5tage 7z det]m9$ "u subp>agraph 7,c77 ( ! total co/s ( all su* manufactur$ products ( su* facility are attributable to manufactur$ products 7includ+ compon5ts7 :i* are m9$1 produc$1 or manufactur$ 9 ! ,unit$ ,/ates4 7,c7 ,adju/$ p]c5tage 7i7 ,9 g5]al ,subject to subclause 7ii71 = purposes ( subp>agraph 7,b77iii71 ! adju/$ p]c5tage %all be-- 7,i7 9 ! case ( a facility ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjbe1 #dj p]c5t1 7,,ii7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbd1 & be=e ,janu>y #a1 #bjbf1 #de p]c5t1 7,,iii7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbe1 & be=e ,janu>y #a1 #bjbg1 #ej p]c5t1 & 7,,iv7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbf1 #ee p]c5t4 7ii7 ,(f%ore w9d facility ,= purposes ( subp>agraph 7,b77iii71 9 ! case ( a qualifi$ facility :i* is an (f%ore w9d facility1 ! adju/$ p]c5tage %all be-- 7,i7 9 ! case ( a facility ! con/ruction ( :i* beg9s be=e ,janu>y #a1 #bjbe1 #bj p]c5t1 7,,ii7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbd1 & be=e ,janu>y #a1 #bjbf1 #bg4e p]c5t1 7,,iii7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbe1 & be=e ,janu>y #a1 #bjbg1 #ce p]c5t1 7,,iv7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbf1 & be=e ,janu>y #a1 #bjbh1 #de p]c5t1 & 7,v7 9 ! case ( a facility ! con/ruction ( :i* beg9s aft] ,decemb] #ca1 #bjbg1 #ee p]c5t4 7#ab7 ,phase\t = elective paym5t 7,a7 ,9 g5]al ,9 ! case ( a taxpay] mak+ an election "u section #fdag ) respect to a cr$it "u ?is section1 ! am\nt ( su* cr$it %all be replac$ )-- 7i7 ! value ( su* cr$it 7det]m9$ )\t reg>d to ?is p>agraph71 multipli$ by 7ii7 ! applicable p]c5tage4 7,b7 #ajj p]c5t applicable p]c5tage = c]ta9 qualifi$ facilities ,9 ! case ( any qualifi$ facility-- 7i7 :i* satisfies ! requirem5ts "u p>agraph 7#aa77;,b71 or 7ii7 ) a maximum net output ( less ?an #a megawatt 7z measur$ 9 alt]nat+ curr5t71 ! applicable p]c5tage %all be #ajj p]c5t4 7,c7 ,phas$ dome/ic cont5t requirem5t ,subject to subp>agraph 7,d71 9 ! case ( any qualifi$ facility :i* is n describ$ 9 subp>agraph 7,b71 ! applicable p]c5tage %all be-- 7i7 if con/ruction ( su* facility began be=e ,janu>y #a1 #bjbd1 #ajj p]c5t1 7ii7 if con/ruction ( su* facility began 9 cal5d> ye> #bjbd1 #ij p]c5t1 7iii7 if con/ruction ( su* facility began 9 cal5d> ye> #bjbe1 #he p]c5t1 & 7iv7 if con/ruction ( su* facility began aft] ,decemb] #ca1 #bjbe1 #j p]c5t4 7,d7 ,exception 7i7 ,9 g5]al ,= purposes ( ?is p>agraph1 ! ,secret>y %all provide exceptions to ! requirem5ts "u ?is p>agraph if-- 7,i7 ! inclusion ( /eel1 iron1 or manufactur$ products :i* are produc$ 9 ! ,unit$ ,/ates increases ! ov]all co/s ( con/ruction ( qualifi$ facilities by m ?an #be p]c5t1 or 7,,ii7 relevant /eel1 iron1 or manufactur$ products are n produc$ 9 ! ,unit$ ,/ates 9 suffici5t & reasonably available quantities or ( a satisfactory quality4 7ii7 ,applicable p]c5tage ,9 any case 9 :i* ! ,secret>y provides an exception pursuant to clause 7i71 ! applicable p]c5tage %all be #ajj p]c5t4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #ch7;b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 p>agraph 7#cg71 by /rik+ plus at ! end1 7,b7 9 p>agraph 7#ch71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#ci7 ! clean electricity production cr$it det]m9$ "u section #de,y7a74 4 7#b7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,y4 ,clean electricity production cr$it4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to facilities plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 #acgjb4 ,clean electricity inve/m5t cr$it 7a7 ,9 g5]al ,subp>t ,e ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by section #ajg7;a7 ( ! ,,*ips ,act ( #bjbb1 is am5d$ by ins]t+ aft] section #dh;,d ! foll[+ new section3 #dh;,e4 ,clean electricity inve/m5t cr$it 7a7 ,inve/m5t cr$it = qualifi$ prop]ty 7#a7 ,9 g5]al ,= purposes ( section #df1 ! clean electricity inve/m5t cr$it = any taxable ye> is an am\nt equal to ! applicable p]c5tage ( ! qualifi$ inve/m5t = su* taxable ye> ) respect to-- 7,a7 any qualifi$ facility1 & 7,b7 any en]gy /orage te*nology4 7#b7 ,applicable p]c5tage 7,a7 ,qualifi$ facilities ,subject to p>agraph 7#c7-- 7i7 ,base rate ,9 ! case ( any qualifi$ facility :i* is n describ$ 9 subclause 7,i7 or 7,,ii7 ( clause 7ii7 & does n satisfy ! requirem5ts describ$ 9 subclause 7,,iii7 ( su* clause1 ! applicable p]c5tage %all be #f p]c5t4 7ii7 ,alt]native rate ,9 ! case ( any qualifi$ facility-- 7,i7 ) a maximum net output ( less ?an #a megawatt 7z measur$ 9 alt]nat+ curr5t71 7,,ii7 ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c7 & 7#d7 ( subsection 7d71 or 7,,iii7 :i*-- 7aa7 satisfies ! requirem5ts ( subsection 7d77#c71 & 7bb7 ) respect to ! con/ruction ( su* facility1 satisfies ! requirem5ts ( subsection 7d77#d71 ! applicable p]c5tage %all be #cj p]c5t4 7,b7 ,en]gy /orage te*nology ,subject to p>agraph 7#c7-- 7i7 ,base rate ,9 ! case ( any en]gy /orage te*nology :i* is n describ$ 9 subclause 7,i7 or 7,,ii7 ( clause 7ii7 & does n satisfy ! requirem5ts describ$ 9 subclause 7,,iii7 ( su* clause1 ! applicable p]c5tage %all be #f p]c5t4 7ii7 ,alt]native rate ,9 ! case ( any en]gy /orage te*nology-- 7,i7 ) a capacity ( less ?an #a megawatt1 7,,ii7 ! con/ruction ( :i* beg9s prior to ! date t is #fj days aft] ! ,secret>y publi%es guidance ) respect to ! requirem5ts ( p>agraphs 7#c7 & 7#d7 ( subsection 7d71 or 7,,iii7 :i*-- 7aa7 satisfies ! requirem5ts ( subsection 7d77#c71 & 7bb7 ) respect to ! con/ruction ( su* prop]ty1 satisfies ! requirem5ts ( subsection 7d77#d71 ! applicable p]c5tage %all be #cj p]c5t4 7#c7 ,increase 9 cr$it rate 9 c]ta9 cases 7,a7 ,en]gy communities 7i7 ,9 g5]al ,9 ! case ( any qualifi$ inve/m5t ) respect to a qualifi$ facility or ) respect to en]gy /orage te*nology :i* is plac$ 9 s]vice )9 an en]gy community 7z def9$ 9 section #de7;b77#aa77;,b771 = purposes ( apply+ p>agraph 7#b7 ) respect to su* prop]ty or inve/m5t1 ! applicable p]c5tage %all be increas$ by ! applicable cr$it rate increase4 7ii7 ,applicable cr$it rate increase ,= purposes ( clause 7i71 ! applicable cr$it rate increase %all be an am\nt equal to-- 7,i7 9 ! case ( any qualifi$ inve/m5t ) respect to a qualifi$ facility describ$ 9 p>agraph 7#b77;,a77i7 or ) respect to en]gy /orage te*nology describ$ 9 p>agraph 7#b77;,b77i71 #b p]c5tage po9ts1 & 7,,ii7 9 ! case ( any qualifi$ inve/m5t ) respect to a qualifi$ facility describ$ 9 p>agraph 7#b77;,a77ii7 or ) respect to en]gy /orage te*nology describ$ 9 p>agraph 7#b77;,b77ii71 #aj p]c5tage po9ts4 7,b7 ,dome/ic cont5t ,rules simil> to ! rules ( section #dh7;a77#ab7 %all apply4 7b7 ,qualifi$ inve/m5t ) respect to a qualifi$ facility 7#a7 ,9 g5]al ,= purposes ( subsection 7a71 ! qualifi$ inve/m5t ) respect to any qualifi$ facility = any taxable ye> is ! sum (-- 7,a7 ! basis ( any qualifi$ prop]ty plac$ 9 s]vice by ! taxpay] dur+ su* taxable ye> :i* is "p ( a qualifi$ facility1 plus 7,b7 ! am\nt ( any exp5ditures :i* are-- 7i7 paid or incurr$ by ! taxpay] = qualifi$ int]connection prop]ty-- 7,i7 9 connection ) a qualifi$ facility :i* has a maximum net output ( n great] ?an #e megawatts 7z measur$ 9 alt]nat+ curr5t71 & 7,,ii7 plac$ 9 s]vice dur+ ! taxable ye> ( ! taxpay]1 & 7ii7 prop]ly *>geable to capital acc\nt ( ! taxpay]4 7#b7 ,qualifi$ prop]ty ,= purposes ( ?is section1 ! t]m qualifi$ prop]ty means prop]ty-- 7,a7 :i* is-- 7i7 tangible p]sonal prop]ty1 or 7ii7 o!r tangible prop]ty 7n includ+ a build+ or its /ructural compon5ts71 b only if su* prop]ty is us$ z an integral "p ( ! qualifi$ facility1 7,b7 ) respect to :i* depreciation 7or amortization 9 lieu ( depreciation7 is all[able1 & 7,c7 7i7 ! con/ruction1 recon/ruction1 or erection ( :i* is complet$ by ! taxpay]1 or 7ii7 :i* is acquir$ by ! taxpay] if ! orig9al use ( su* prop]ty comm5ces ) ! taxpay]4 7#c7 ,qualifi$ facility 7,a7 ,9 g5]al ,= purposes ( ?is section1 ! t]m qualifi$ facility means a facility-- 7i7 :i* is us$ = ! g5]ation ( electricity1 7ii7 :i* is plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd1 & 7iii7 = :i* ! anticipat$ gre5h\se gas emissions rate 7z det]m9$ "u subp>agraph 7,b77ii77 is n great] ?an z]o4 7,b7 ,additional rules 7i7 ,expansion ( facility2 increm5tal production ,rules simil> to ! rules ( section #de,y7b77#a77;,c7 %all apply = purposes ( ?is p>agraph4 7ii7 ,gre5h\se gas emissions rate ,rules simil> to ! rules ( section #de,y7b77#b7 %all apply = purposes ( ?is p>agraph4 7,c7 ,exclusion ,! t]m qualifi$ facility %all n include any facility = :i*-- 7i7 a r5ewable electricity production cr$it det]m9$ "u section #de1 7ii7 an advanc$ nucle> p[] facility production cr$it det]m9$ "u section #de;,j1 7iii7 a c>bon oxide seque/ration cr$it det]m9$ "u section #de,q1 7iv7 a z]o-emission nucle> p[] production cr$it det]m9$ "u section #de,u1 7v7 a clean electricity production cr$it det]m9$ "u section #de,y1 7vi7 an en]gy cr$it det]m9$ "u section #dh1 or 7vii7 a qualify+ advanc$ coal project cr$it "u section #dh;,a1 is all[$ "u section #ch = ! taxable ye> or any prior taxable ye>4 7#d7 ,qualifi$ int]connection prop]ty ,= purposes ( ?is p>agraph1 ! t]m qualifi$ int]connection prop]ty has ! mean+ giv5 su* t]m 9 section #dh7;a77#h77;,b74 7#e7 ,coord9ation ) rehabilitation cr$it ,! qualifi$ inve/m5t ) respect to any qualifi$ facility = any taxable ye> %all n include t portion ( ! basis ( any prop]ty :i* is attributable to qualifi$ rehabilitation exp5ditures 7z def9$ 9 section #dg7;c77#b774 7#f7 ,def9itions ,= purposes ( ?is subsection1 ! t]ms ,,co#b;e p] ,k,wh & gre5h\se gas emissions rate h ! same mean+ giv5 su* t]ms "u section #de,y4 7c7 ,qualifi$ inve/m5t ) respect to en]gy /orage te*nology 7#a7 ,qualifi$ inve/m5t ,= purposes ( subsection 7a71 ! qualifi$ inve/m5t ) respect to en]gy /orage te*nology = any taxable ye> is ! basis ( any en]gy /orage te*nology plac$ 9 s]vice by ! taxpay] dur+ su* taxable ye>4 7#b7 ,en]gy /orage te*nology ,= purposes ( ?is section1 ! t]m en]gy /orage te*nology has ! mean+ giv5 su* t]m 9 section #dh7;c77#f7 7except t subp>agraph 7,d7 ( su* section %all n apply74 7d7 ,special rules 7#a7 ,c]ta9 progress exp5diture rules made applicable ,rules simil> to ! rules ( subsections 7c77#d7 & 7d7 ( section #df 7z 9 effect on ! day be=e ! date ( ! enactm5t ( ! ,rev5ue ,reconciliation ,act ( #aiij7 %all apply = purposes ( subsection 7a74 7#b7 ,special rule = prop]ty f9anc$ by subsidiz$ en]gy f9anc+ or private activity bonds ,rules simil> to ! rules ( section #de7;b77#c7 %all apply4 7#c7 ,prevail+ wage requirem5ts ,rules simil> to ! rules ( section #dh7;a77#aj7 %all apply4 7#d7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7#e7 ,dome/ic cont5t requirem5t = elective paym5t ,9 ! case ( a taxpay] mak+ an election "u section #fdag ) respect to a cr$it "u ?is section1 rules simil> to ! rules ( section #de,y7g77#ab7 %all apply4 7e7 ,cr$it phase-,out 7#a7 ,9 g5]al ,! am\nt ( ! clean electricity inve/m5t cr$it "u subsection 7a7 = any qualifi$ inve/m5t ) respect to any qualifi$ facility or en]gy /orage te*nology ! con/ruction ( :i* beg9s dur+ a cal5d> ye> describ$ 9 p>agraph 7#b7 %all be equal to ! product (-- 7,a7 ! am\nt ( ! cr$it det]m9$ "u subsection 7a7 )\t reg>d to ?is subsection1 multipli$ by 7,b7 ! phase-out p]c5tage "u p>agraph 7#b74 7#b7 ,phase-out p]c5tage ,! phase-out p]c5tage "u ?is p>agraph is equal to-- 7,a7 = any qualifi$ inve/m5t ) respect to any qualifi$ facility or en]gy /orage te*nology ! con/ruction ( :i* beg9s dur+ ! fir/ cal5d> ye> foll[+ ! applicable ye>1 #ajj p]c5t1 7,b7 = any qualifi$ inve/m5t ) respect to any qualifi$ facility or en]gy /orage te*nology ! con/ruction ( :i* beg9s dur+ ! second cal5d> ye> foll[+ ! applicable ye>1 #ge p]c5t1 7,c7 = any qualifi$ inve/m5t ) respect to any qualifi$ facility or en]gy /orage te*nology ! con/ruction ( :i* beg9s dur+ ! ?ird cal5d> ye> foll[+ ! applicable ye>1 #ej p]c5t1 & 7,d7 = any qualifi$ inve/m5t ) respect to any qualifi$ facility or en]gy /orage te*nology ! con/ruction ( :i* beg9s dur+ any cal5d> ye> subsequ5t to ! cal5d> ye> describ$ 9 subp>agraph 7,c71 #j p]c5t4 7#c7 ,applicable ye> ,= purposes ( ?is subsection1 ! t]m applicable ye> has ! same mean+ giv5 su* t]m 9 section #de,y7d77#c74 7f7 ,gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas has ! same mean+ giv5 su* t]m "u section #de,y7e77#b74 7g7 ,recapture ( cr$it ,= purposes ( section #ej1 if ! ,secret>y det]m9es t ! gre5h\se gas emissions rate = a qualifi$ facility is great] ?an #aj grams ( ,,co#b;e p] ,k,wh1 any prop]ty = :i* a cr$it 0 all[$ "u ?is section ) respect to su* facility %all cease to be inve/m5t cr$it prop]ty 9 ! taxable ye> 9 :i* ! det]m9ation is made4 7h7 ,special rules = c]ta9 facilities plac$ 9 s]vice 9 connection ) l[-income communities 7#a7 ,9 g5]al ,9 ! case ( any applicable facility ) respect to :i* ! ,secret>y makes an allocation ( environm5tal ju/ice capacity limitation "u p>agraph 7#d7-- 7,a7 ! applicable p]c5tage o!rwise det]m9$ "u subsection 7a77#b7 ) respect to any eligible prop]ty :i* is "p ( su* facility %all be increas$ by-- 7i7 9 ! case ( a facility describ$ 9 subclause 7,i7 ( p>agraph 7#b77;,a77iii7 & n describ$ 9 subclause 7,,ii7 ( su* p>agraph1 #aj p]c5tage po9ts1 & 7ii7 9 ! case ( a facility describ$ 9 subclause 7,,ii7 ( p>agraph 7#b77;,a77iii71 #bj p]c5tage po9ts1 & 7,b7 ! increase 9 ! cr$it det]m9$ "u subsection 7a7 by reason ( ?is subsection = any taxable ye> ) respect to all prop]ty :i* is "p ( su* facility %all n exce$ ! am\nt :i* be>s ! same ratio to ! am\nt ( su* increase 7det]m9$ )\t reg>d to ?is subp>agraph7 z-- 7i7 ! environm5tal ju/ice capacity limitation allocat$ to su* facility1 be>s to 7ii7 ! total megawatt nameplate capacity ( su* facility1 z measur$ 9 direct curr5t4 7#b7 ,applicable facility ,= purposes ( ?is subsection-- 7,a7 ,9 g5]al ,! t]m applicable facility means any qualifi$ facility-- 7i7 :i* is n describ$ 9 section #de,y7b77#b77;,b71 7ii7 :i* has a maximum net output ( less ?an #e megawatts 7z measur$ 9 alt]nat+ curr5t71 & 7iii7 :i*-- 7,i7 is locat$ 9 a l[-income community 7z def9$ 9 section #de;,d7e77 or on ,indian l& 7z def9$ 9 section #bfja7b7 ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #ceja7b7771 or 7,,ii7 is "p ( a qualifi$ l[-income resid5tial build+ project or a qualifi$ l[-income economic b5efit project4 7,b7 ,qualifi$ l[-income resid5tial build+ project ,a facility %all be treat$ z "p ( a qualifi$ l[-income resid5tial build+ project if-- 7i7 su* facility is in/all$ on a resid5tial r5tal build+ :i* p>ticipates 9 a cov]$ h\s+ program 7z def9$ 9 section #dadaa7;a7 ( ! ,viol5ce ,aga9/ ,wom5 ,act ( #aiid 7#cd ,u4,s4,c4 #abdia7;a77#c771 a h\s+ assi/ance program adm9i/]$ by ! ,dep>tm5t ( ,agriculture "u title ,v ( ! ,h\s+ ,act ( #aidi1 a h\s+ program adm9i/]$ by a tribally designat$ h\s+ entity 7z def9$ 9 section #d7bb7 ( ! ,native ,am]ican ,h\s+ ,assi/ance & ,self-,det]m9ation ,act ( #aiif 7#be ,u4,s4,c4 #dajc7bb777 or su* o!r af=dable h\s+ programs z ! ,secret>y may provide1 & 7ii7 ! f9ancial b5efits ( ! electricity produc$ by su* facility are allocat$ equitably among ! occupants ( ! dwell+ units ( su* build+4 7,c7 ,qualifi$ l[-income economic b5efit project ,a facility %all be treat$ z "p ( a qualifi$ l[-income economic b5efit project if at lea/ #ej p]c5t ( ! f9ancial b5efits ( ! electricity produc$ by su* facility are provid$ to h\seholds ) income (-- 7i7 less ?an #bjj p]c5t ( ! pov]ty l9e 7z def9$ 9 section #cf;,b7d77#c77;,a77 applicable to a family ( ! size involv$1 or 7ii7 less ?an #hj p]c5t ( area m$ian gross income 7z det]m9$ "u section #adb7;d77#b77;,b774 7,d7 ,f9ancial b5efit ,= purposes ( subp>agraphs 7,b7 & 7,c71 electricity acquir$ at a bel[-m>ket rate %all n fail to be tak5 into acc\nt z a f9ancial b5efit4 7#c7 ,eligible prop]ty ,= purposes ( ?is subsection1 ! t]m eligible prop]ty means a qualifi$ inve/m5t ) respect to any applicable facility4 7#d7 ,allocations 7,a7 ,9 g5]al ,n lat] ?an ,janu>y #a1 #bjbe1 ! ,secret>y %all e/abli% a program to allocate am\nts ( environm5tal ju/ice capacity limitation to applicable facilities4 ,9 e/abli%+ su* program & to c>ry out ! purposes ( ?is subsection1 ! ,secret>y %all provide proc$ures to all[ = an effici5t allocation process1 includ+1 :5 det]m9$ appropriate1 consid]ation ( multiple projects 9 a s+le application if su* projects w be plac$ 9 s]vice by a s+le taxpay]4 7,b7 ,limitation ,! am\nt ( environm5tal ju/ice capacity limitation allocat$ by ! ,secret>y "u subp>agraph 7,a7 dur+ any cal5d> ye> %all n exce$ ! annual capacity limitation ) respect to su* ye>4 7,c7 ,annual capacity limitation ,= purposes ( ?is p>agraph1 ! t]m annual capacity limitation means #a4h gigawatts ( direct curr5t capacity = ea* cal5d> ye> dur+ ! p]iod beg9n+ on ,janu>y #a1 #bjbe1 & end+ on ,decemb] #ca ( ! applicable ye> 7z def9$ 9 section #de,y7d77#c771 & z]o !reaft]4 7,d7 ,c>ryov] ( unus$ limitation 7i7 ,9 g5]al ,if ! annual capacity limitation = any cal5d> ye> exce$s ! aggregate am\nt allocat$ = su* ye> "u ?is p>agraph1 su* limitation = ! succe$+ cal5d> ye> %all be increas$ by ! am\nt ( su* excess4 ,no am\nt may be c>ri$ "u ! prec$+ s5t5ce to any cal5d> ye> aft] ! ?ird cal5d> ye> foll[+ ! applicable ye> 7z def9$ 9 section #de,y7d77#c774 7ii7 ,c>ryov] f section #dh = cal5d> ye> #bjbe ,if ! annual capacity limitation = cal5d> ye> #bjbd "u section #dh7;e77#d77;,d7 exce$s ! aggregate am\nt allocat$ = su* ye> "u su* section1 su* excess am\nt may be c>ri$ ov] & appli$ to ! annual capacity limitation "u ?is subsection = cal5d> ye> #bjbe4 ,! annual capacity limitation = cal5d> ye> #bjbe %all be increas$ by ! am\nt ( su* excess4 7,e7 ,plac$ 9 s]vice deadl9e 7i7 ,9 g5]al ,p>agraph 7#a7 %all n apply ) respect to any prop]ty :i* is plac$ 9 s]vice aft] ! date t is #d ye>s aft] ! date ( ! allocation ) respect to ! facility ( :i* su* prop]ty is a "p4 7ii7 ,application ( c>ryov] ,any am\nt ( environm5tal ju/ice capacity limitation :i* expires "u clause 7i7 dur+ any cal5d> ye> %all be tak5 into acc\nt z an excess describ$ 9 subp>agraph 7,d77i7 7or z an increase 9 su* excess7 = su* cal5d> ye>1 subject to ! limitation impos$ by ! la/ s5t5ce ( su* subp>agraph4 7#e7 ,recapture ,! ,secret>y %all1 by regulations or o!r guidance1 provide = recaptur+ ! b5efit ( any increase 9 ! cr$it all[$ "u subsection 7a7 by reason ( ?is subsection ) respect to any prop]ty :i* ceases to be prop]ty eligible = su* increase 7b :i* does n cease to be inve/m5t cr$it prop]ty )9 ! mean+ ( section #ej7;a774 ,! p]iod & p]c5tage ( su* recapture %all be det]m9$ "u rules simil> to ! rules ( section #ej7;a74 ,to ! ext5t provid$ by ! ,secret>y1 su* recapture may n apply ) respect to any prop]ty if1 )9 #ab mon?s aft] ! date ! taxpay] becomes aw>e 7or reasonably %\ld h become aw>e7 ( su* prop]ty ceas+ to be prop]ty eligible = su* increase1 ! eligibility ( su* prop]ty = su* increase is re/or$4 ,! prec$+ s5t5ce %all n apply m ?an once ) respect to any facility4 7i7 ,guidance ,n lat] ?an ,janu>y #a1 #bjbe1 ! ,secret>y %all issue guidance reg>d+ implem5tation ( ?is section4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #df1 z am5d$ by section #ajg7;d7 ( ! ,,*ips ,act ( #bjbb1 is am5d$-- 7,a7 9 p>agraph 7#e71 by /rik+ & at ! end1 7,b7 9 p>agraph 7#f71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by add+ at ! end ! foll[+3 7#g7 ! clean electricity inve/m5t cr$it4 4 7#b7 ,section #di7;a77#a77;,c71 z am5d$ by section #ajg7;d7 ( ! ,,*ips ,act ( #bjbb1 is am5d$-- 7,a7 by /rik+ & at ! end ( clause 7v71 7,b7 by /rik+ ! p]iod at ! end ( clause 7vi7 & ins]t+ a comma1 & 7,c7 by add+ at ! end ! foll[+ new clauses3 7vii7 ! basis ( any qualifi$ prop]ty :i* is "p ( a qualifi$ facility "u section #dh;,e1 & 7viii7 ! basis ( any en]gy /orage te*nology "u section #dh;,e4 4 7#c7 ,section #ej7;a77#b77;,e71 z am5d$ by section #ajg7;d7 ( ! ,,*ips ,act ( #bjbb1 is am5d$ by /rik+ or #dh;,d7b77#e7 & ins]t+ #dh;,d7b77#e71 or #dh;,e7e74 7#d7 ,section #ej7;c77#c7 is am5d$ by ins]t+ or clean electricity inve/m5t cr$it aft] ,9 ! case ( any en]gy cr$it4 7#e7 ,! table ( sections = subp>t ,e ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by section #ajg7;d7 ( ! ,,*ips ,act ( #bjbb1 is am5d$ by ins]t+ aft] ! item relat+ to section #dh;,d ! foll[+ new item3 #dh;,e4 ,clean electricity inve/m5t cr$it4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 #acgjc4 ,co/ recov]y = qualifi$ facilities1 qualifi$ prop]ty1 & en]gy /orage te*nology 7a7 ,9 g5]al ,section #afh7;e77#c77;,b7 is am5d$-- 7#a7 9 clause 7vi77,,iii71 by /rik+ & at ! end1 7#b7 9 clause 7vii71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7#c7 by ins]t+ aft] clause 7vii7 ! foll[+3 7viii7 any qualifi$ facility 7z def9$ 9 section #de,y7b77#a77;,a771 any qualifi$ prop]ty 7z def9$ 9 subsection 7b77#b7 ( section #dh;,e7 :i* is a qualifi$ inve/m5t 7z def9$ 9 subsection 7b77#a7 ( su* section71 or any en]gy /orage te*nology 7z def9$ 9 subsection 7c77#b7 ( su* section74 4 7b7 ,effective date ,! am5dm5ts made by ?is section %all apply to facilities & prop]ty plac$ 9 s]vice aft] ,decemb] #ca1 #bjbd4 #acgjd4 ,clean fuel production cr$it 7a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new section3 #de,z4 ,clean fuel production cr$it 7a7 ,am\nt ( cr$it 7#a7 ,9 g5]al ,= purposes ( section #ch1 ! clean fuel production cr$it = any taxable ye> is an am\nt equal to ! product (-- 7,a7 ! applicable am\nt p] gallon 7or gallon equival5t7 ) respect to any transportation fuel :i* is-- 7i7 produc$ by ! taxpay] at a qualifi$ facility1 & 7ii7 sold by ! taxpay] 9 a mann] describ$ 9 p>agraph 7#d7 dur+ ! taxable ye>1 & 7,b7 ! emissions factor = su* fuel 7z det]m9$ "u subsection 7b774 7#b7 ,applicable am\nt 7,a7 ,base am\nt ,9 ! case ( any transportation fuel produc$ at a qualifi$ facility :i* does n satisfy ! requirem5ts describ$ 9 subp>agraph 7,b71 ! applicable am\nt %all be #bj c5ts4 7,b7 ,alt]native am\nt ,9 ! case ( any transportation fuel produc$ at a qualifi$ facility :i* satisfies ! requirem5ts "u p>agraphs 7#f7 & 7#g7 ( subsection 7f71 ! applicable am\nt %all be #a4jj4 7#c7 ,special rate = su/a9able aviation fuel 7,a7 ,9 g5]al ,9 ! case ( a transportation fuel :i* is su/a9able aviation fuel1 p>agraph 7#b7 %all be appli$-- 7i7 9 ! case ( fuel produc$ at a qualifi$ facility describ$ 9 p>agraph 7#b77;,a71 by sub/itut+ #ce c5ts = #bj c5ts1 & 7ii7 9 ! case ( fuel produc$ at a qualifi$ facility describ$ 9 p>agraph 7#b77;,b71 by sub/itut+ #a4ge = #a4jj4 7,b7 ,su/a9able aviation fuel ,= purposes ( ?is subp>agraph 7,a71 ! t]m su/a9able aviation fuel means liquid fuel1 ! portion ( :i* is n k]os5e1 :i* is sold = use 9 an aircraft & :i*-- 7i7 meets ! requirem5ts (-- 7,i7 ,,a/m ,int]national ,/&>d ,d#geff1 or 7,,ii7 ! ,fis*] ,trops* provisions ( ,,a/m ,int]national ,/&>d ,d#afee1 ,annex ,a#a1 & 7ii7 is n d]iv$ f palm fatty acid di/illates or petroleum4 7#d7 ,sale ,= purposes ( p>agraph 7#a71 ! transportation fuel is sold 9 a mann] describ$ 9 ?is p>agraph if su* fuel is sold by ! taxpay] to an unrelat$ p]son-- 7,a7 = use by su* p]son 9 ! production ( a fuel mixture1 7,b7 = use by su* p]son 9 a trade or bus9ess1 or 7,c7 :o sells su* fuel at retail to ano!r p]son & places su* fuel 9 ! fuel tank ( su* o!r p]son4 7#e7 ,r\nd+ ,if any am\nt det]m9$ "u p>agraph 7#a7 is n a multiple ( #a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ c5t4 7b7 ,emissions factors 7#a7 ,emissions factor 7,a7 ,calculation 7i7 ,9 g5]al ,! emissions factor ( a transportation fuel %all be an am\nt equal to ! quoti5t (-- 7,i7 an am\nt equal to-- 7aa7 #ej kilograms ( ,,co#b;e p] mm,b,t,u1 m9us 7bb7 ! emissions rate = su* fuel1 divid$ by 7,,ii7 #ej kilograms ( ,,co#b;e p] mm,b,t,u4 7,b7 ,e/abli%m5t ( emissions rate 7i7 ,9 g5]al ,subject to clauses 7ii7 & 7iii71 ! ,secret>y %all annually publi% a table :i* sets =? ! emissions rate = simil> types & categories ( transportation fuels bas$ on ! am\nt ( lifecycle gre5h\se gas emissions 7z describ$ 9 section #baa7o77#a77;,h7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,h771 z 9 effect on ! date ( ! enactm5t ( ?is section7 = su* fuels1 express$ z kilograms ( ,,co#b;e p] mm,b,t,u1 :i* a taxpay] %all use = purposes ( ?is section4 7ii7 ,non-aviation fuel ,9 ! case ( any transportation fuel :i* is n a su/a9able aviation fuel1 ! lifecycle gre5h\se gas emissions ( su* fuel %all be bas$ on ! mo/ rec5t det]m9ations "u ! ,gre5h\se gases1 ,regulat$ ,emissions1 & ,en]gy use 9 ,transportation model develop$ by ,argonne ,national ,laboratory1 or a successor model 7z det]m9$ by ! ,secret>y74 7iii7 ,aviation fuel ,9 ! case ( any transportation fuel :i* is a su/a9able aviation fuel1 ! lifecycle gre5h\se gas emissions ( su* fuel %all be det]m9$ 9 accordance )-- 7,i7 ! mo/ rec5t ,c>bon ,(fsett+ & ,r$uction ,s*eme = ,int]national ,aviation :i* has be5 adopt$ by ! ,int]national ,civil ,aviation ,organization ) ! agreem5t ( ! ,unit$ ,/ates1 or 7,,ii7 any simil> me?odology :i* satisfies ! crit]ia "u section #baa7o77#a77;,h7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,h771 z 9 effect on ! date ( enactm5t ( ?is section4 7,c7 ,r\nd+ ( emissions rate 7i7 ,9 g5]al ,subject to clause 7ii71 ! ,secret>y may r\nd ! emissions rates "u subp>agraph 7,b7 to ! ne>e/ multiple ( #e kilograms ( ,,co#b;e p] mm,b,t,u4 7ii7 ,exception ,9 ! case ( an emissions rate t is betwe5 #b4e kilograms ( ,,co#b;e p] mm,b,t,u & -#b4e kilograms ( ,,co#b;e p] mm,b,t,u1 ! ,secret>y may r\nd su* rate to z]o4 7,d7 ,provisional emissions rate ,9 ! case ( any transportation fuel = :i* an emissions rate has n be5 e/abli%$ "u subp>agraph 7,b71 a taxpay] produc+ su* fuel may file a petition ) ! ,secret>y = det]m9ation ( ! emissions rate ) respect to su* fuel4 7#b7 ,r\nd+ ,if any am\nt det]m9$ "u p>agraph 7#a77;,a7 is n a multiple ( #j4a1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #j4a4 7c7 ,inflation adju/m5t 7#a7 ,9 g5]al ,9 ! case ( cal5d> ye>s beg9n+ aft] #bjbd1 ! #bj c5t am\nt 9 subsection 7a77#b77;,a71 ! #a4jj am\nt 9 subsection 7a77#b77;,b71 ! #ce c5t am\nt 9 subsection 7a77#c77;,a77i71 & ! #a4ge am\nt 9 subsection 7a77#c77;,a77ii7 %all ea* be adju/$ by multiply+ su* am\nt by ! inflation adju/m5t factor = ! cal5d> ye> 9 :i* ! sale ( ! transportation fuel occurs4 ,if any am\nt z increas$ "u ! prec$+ s5t5ce is n a multiple ( #a c5t1 su* am\nt %all be r\nd$ to ! ne>e/ multiple ( #a c5t4 7#b7 ,inflation adju/m5t factor ,= purposes ( p>agraph 7#a71 ! inflation adju/m5t factor %all be ! inflation adju/m5t factor det]m9$ & publi%$ by ! ,secret>y pursuant to section #de,y7c71 det]m9$ by sub/itut+ cal5d> ye> #bjbb = cal5d> ye> #aiib 9 p>agraph 7#c7 !re(4 7d7 ,def9itions ,9 ?is section3 7#a7 mm,b,t,u ,! t]m mm,b,t,u means #a1jjj1jjj ,briti% !rmal units4 7#b7 ,,co#b;e ,! t]m ,,co#b;e means1 ) respect to any gre5h\se gas1 ! equival5t c>bon dioxide 7z det]m9$ bas$ on relative global w>m+ pot5tial74 7#c7 ,gre5h\se gas ,! t]m gre5h\se gas has ! same mean+ giv5 t t]m "u section #baa7o77#a77;,g7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77#a77;,g771 z 9 effect on ! date ( ! enactm5t ( ?is section4 7#d7 ,qualifi$ facility ,! t]m qualifi$ facility-- 7,a7 means a facility us$ = ! production ( transportation fuels1 & 7,b7 does n include any facility = :i* "o ( ! foll[+ cr$its is all[$ "u section #ch = ! taxable ye>3 7i7 ,! cr$it = production ( clean hydrog5 "u section #de,v4 7ii7 ,! cr$it det]m9$ "u section #df to ! ext5t t su* cr$it is attributable to ! en]gy cr$it det]m9$ "u section #dh ) respect to any specifi$ clean hydrog5 production facility = :i* an election is made "u subsection 7a77#ae7 ( su* section4 7iii7 ,! cr$it = c>bon oxide seque/ration "u section #de,q4 7#e7 ,transportation fuel 7,a7 ,9 g5]al ,! t]m transportation fuel means a fuel :i*-- 7i7 is suitable = use z a fuel 9 a highway vehicle or aircraft1 7ii7 has an emissions rate :i* is n great] ?an #ej kilograms ( ,,co#b;e p] mm,b,t,u1 & 7iii7 is n d]iv$ f coprocess+ an applicable mat]ial 7or mat]ials d]iv$ f an applicable mat]ial7 ) a fe$/ock :i* is n biomass4 7,b7 ,def9itions ,9 ?is p>agraph-- 7i7 ,applicable mat]ial ,! t]m applicable mat]ial means-- 7,i7 monoglyc]ides1 diglyc]ides1 & triglyc]ides1 7,,ii7 free fatty acids1 & 7,,iii7 fatty acid e/]s4 7ii7 ,biomass ,! t]m biomass has ! same mean+ giv5 su* t]m 9 section #de,k7c77#c74 7e7 ,guidance ,n lat] ?an ,janu>y #a1 #bjbe1 ! ,secret>y %all issue guidance reg>d+ implem5tation ( ?is section1 includ+ calculation ( emissions factors = transportation fuel1 ! table describ$ 9 subsection 7b77#a77;,b77i71 & ! det]m9ation ( clean fuel production cr$its "u ?is section4 7f7 ,special rules 7#a7 ,only regi/]$ production 9 ! ,unit$ ,/ates tak5 into acc\nt 7,a7 ,9 g5]al ,no clean fuel production cr$it %all be det]m9$ "u subsection 7a7 ) respect to any transportation fuel unless-- 7i7 ! taxpay]-- 7,i7 is regi/]$ z a produc] ( clean fuel "u section #daja at ! "t ( production1 & 7,,ii7 9 ! case ( any transportation fuel :i* is a su/a9able aviation fuel1 provides-- 7aa7 c]tification 79 su* =m & mann] z ! ,secret>y %all prescribe7 f an unrelat$ p>ty demon/rat+ compliance )-- 7,,aa7 any g5]al requirem5ts1 supply *a9 traceability requirem5ts1 & in=mation transmission requirem5ts e/abli%$ "u ! ,c>bon ,(fsett+ & ,r$uction ,s*eme = ,int]national ,aviation describ$ 9 subclause 7,i7 ( subsection 7b77#a77;,b77iii71 or 7,,bb7 9 ! case ( any me?odology describ$ 9 subclause 7,,ii7 ( su* subsection1 requirem5ts simil> to ! requirem5ts describ$ 9 subitem 7,,aa71 & 7bb7 su* o!r in=mation ) respect to su* fuel z ! ,secret>y may require = purposes ( c>ry+ out ?is section1 & 7ii7 su* fuel is produc$ 9 ! ,unit$ ,/ates4 7,b7 ,unit$ ,/ates ,= purposes ( ?is p>agraph1 ! t]m ,unit$ ,/ates includes any possession ( ! ,unit$ ,/ates4 7#b7 ,production attributable to ! taxpay] ,9 ! case ( a facility 9 :i* m ?an #a p]son has an own]%ip int]e/1 except to ! ext5t provid$ 9 regulations prescrib$ by ! ,secret>y1 production f ! facility %all be allocat$ among su* p]sons 9 proportion to _! respective own]%ip int]e/s 9 ! gross sales f su* facility4 7#c7 ,relat$ p]sons ,p]sons %all be treat$ z relat$ to ea* o!r if su* p]sons w\ld be treat$ z a s+le employ] "u ! regulations prescrib$ "u section #eb7;b74 ,9 ! case ( a corporation :i* is a memb] ( an affiliat$ gr\p ( corporations fil+ a consolidat$ return1 su* corporation %all be treat$ z sell+ fuel to an unrelat$ p]son if su* fuel is sold to su* a p]son by ano!r memb] ( su* gr\p4 7#d7 ,pass-?ru 9 ! case ( e/ates & tru/s ,"u regulations prescrib$ by ! ,secret>y1 rules simil> to ! rules ( subsection 7d7 ( section #eb %all apply4 7#e7 ,allocation ( cr$it to patrons ( agricultural coop]ative ,rules simil> to ! rules ( section #de,y7g77#f7 %all apply4 7#f7 ,prevail+ wage requirem5ts 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 rules simil> to ! rules ( section #de7;b77#g7 %all apply4 7,b7 ,special rule = facilities plac$ 9 s]vice be=e ,janu>y #a1 #bjbe ,= purposes ( subp>agraph 7,a71 9 ! case ( any qualifi$ facility plac$ 9 s]vice be=e ,janu>y #a1 #bjbe-- 7i7 clause 7i7 ( section #de7;b77#g77;,a7 %all n apply1 & 7ii7 clause 7ii7 ( su* section %all be appli$ by sub/itut+ ) respect to any taxable ye> beg9n+ aft] ,decemb] #ca1 #bjbd1 = :i* ! cr$it is all[$ "u ?is section = ) respect to any taxable ye>1 = any portion ( su* taxable ye> :i* is )9 ! p]iod describ$ 9 subsection 7a77#b77;,a77ii74 7#g7 ,appr5tice%ip requirem5ts ,rules simil> to ! rules ( section #de7;b77#h7 %all apply4 7g7 ,t]m9ation ,?is section %all n apply to transportation fuel sold aft] ,decemb] #ca1 #bjbg4 4 7b7 ,con=m+ am5dm5ts 7#a7 ,section #be;,c7d77#c71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 subp>agraph 7,a71 by /rik+ & at ! end1 7,b7 9 subp>agraph 7,b71 by /rik+ ! p]iod at ! end & ins]t+ 1 &1 & 7,c7 by add+ at ! end ! foll[+ new subp>agraph3 7,c7 transportation fuel 7z def9$ 9 section #de,z7d77#e774 4 7#b7 ,section #cj;,c7c77#a77;,b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new clause3 7iv7 ,any transportation fuel 7z def9$ 9 section #de,z7d77#e774 4 7#c7 ,section #ch7;b71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$-- 7,a7 9 p>agraph 7#ch71 by /rik+ plus at ! end1 7,b7 9 p>agraph 7#ci71 by /rik+ ! p]iod at ! end & ins]t+ 1 plus1 & 7,c7 by add+ at ! end ! foll[+ new p>agraph3 7#dj7 ! clean fuel production cr$it det]m9$ "u section #de,z7a74 4 7#d7 ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a1 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by add+ at ! end ! foll[+ new item3 ,sec4 #de,z4 ,clean fuel production cr$it4 4 7#e7 ,section #daja7;a77#a71 z am5d$ by ! prec$+ provisions ( ?is ,act1 is am5d$ by ins]t+ e p]son produc+ a fuel eligible = ! clean fuel production cr$it 7pursuant to section #de,z71 aft] section #fdbf7k77#c7714 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to transportation fuel produc$ aft] ,decemb] #ca1 #bjbd4 #h ,cr$it ,monetization & ,appropriations #achja4 ,elective paym5t = en]gy prop]ty & electricity produc$ f c]ta9 r5ewable res\rces1 etc 7a7 ,9 g5]al ,sub*apt] ,b ( *apt] #fe is am5d$ by ins]t+ aft] section #fdaf ! foll[+ new section3 #fdag4 ,elective paym5t ( applicable cr$its 7a7 ,9 g5]al ,9 ! case ( an applicable entity mak+ an election 7at su* "t & 9 su* mann] z ! ,secret>y may provide7 "u ?is section ) respect to any applicable cr$it det]m9$ ) respect to su* entity1 su* entity %all be treat$ z mak+ a paym5t aga9/ ! tax impos$ by subtitle ,a 7= ! taxable ye> ) respect to :i* su* cr$it 0 det]m9$7 equal to ! am\nt ( su* cr$it4 7b7 ,applicable cr$it ,! t]m applicable cr$it means ea* ( ! foll[+3 7#a7 ,s mu* ( ! cr$it = alt]native fuel vehicle refuel+ prop]ty all[$ "u section #cj;,c :i*1 pursuant to subsection 7d77#a7 ( su* section1 is treat$ z a cr$it li/$ 9 section #ch7;b74 7#b7 ,s mu* ( ! r5ewable electricity production cr$it det]m9$ "u section #de7;a7 z is attributable to qualifi$ facilities :i* are orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#c7 ,s mu* ( ! cr$it = c>bon oxide seque/ration det]m9$ "u section #de,q7a7 z is attributable to c>bon capture equipm5t :i* is orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjbb4 7#d7 ,! z]o-emission nucle> p[] production cr$it det]m9$ "u section #de,u7a74 7#e7 ,s mu* ( ! cr$it = production ( clean hydrog5 det]m9$ "u section #de,v7a7 z is attributable to qualifi$ clean hydrog5 production facilities :i* are orig9ally plac$ 9 s]vice aft] ,decemb] #ca1 #bjab4 7#f7 ,9 ! case ( a tax-exempt entity describ$ 9 clause 7i71 7ii71 or 7iv7 ( section #afh7;h77#b77;,a71 ! cr$it = qualifi$ comm]cial vehicles det]m9$ "u section #de,w by reason ( subsection 7d77#c7 !re(4 7#g7 ,! cr$it = advanc$ manufactur+ production "u section #de,x7a74 7#h7 ,! clean electricity production cr$it det]m9$ "u section #de,y7a74 7#i7 ,! clean fuel production cr$it det]m9$ "u section #de,z7a74 7#aj7 ,! en]gy cr$it det]m9$ "u section #dh4 7#aa7 ,! qualify+ advanc$ en]gy project cr$it det]m9$ "u section #dh;,c4 7#ab7 ,! clean electricity inve/m5t cr$it det]m9$ "u section #dh;,e4 7c7 ,application to p>tn]%ips & ,s corporations 7#a7 ,9 g5]al ,9 ! case ( any applicable cr$it det]m9$ ) respect to any facility or prop]ty held directly by a p>tn]%ip or ,s corporation1 any election "u subsection 7a7 %all be made by su* p>tn]%ip or ,s corporation4 ,if su* p>tn]%ip or ,s corporation makes an election "u su* subsection 79 su* mann] z ! ,secret>y may provide7 ) respect to su* cr$it-- 7,a7 ! ,secret>y %all make a paym5t to su* p>tn]%ip or ,s corporation equal to ! am\nt ( su* cr$it1 7,b7 subsection 7e7 %all be appli$ ) respect to su* cr$it be=e det]m9+ any p>tn]'s di/ributive %>e1 or %>ehold]'s pro rata %>e1 ( su* cr$it1 7,c7 any am\nt ) respect to :i* ! election 9 subsection 7a7 is made %all be treat$ z tax exempt income = purposes ( sections #gje & #acff1 & 7,d7 a p>tn]'s di/ributive %>e ( su* tax exempt income %all be bas$ on su* p>tn]'s di/ributive %>e ( ! o!rwise applicable cr$it = ea* taxable ye>4 7#b7 ,coord9ation ) application at p>tn] or %>ehold] level ,9 ! case ( any facility or prop]ty held directly by a p>tn]%ip or ,s corporation1 no election by any p>tn] or %>ehold] %all be all[$ "u subsection 7a7 ) respect to any applicable cr$it det]m9$ ) respect to su* facility or prop]ty4 7#c7 ,treatm5t ( paym5ts to p>tn]%ips & ,s corporations ,= purposes ( section #acbd ( title #ca1 ,unit$ ,/ates ,code1 ! paym5ts "u p>agraph 7#a77;,a7 %all be treat$ 9 ! same mann] z a refund due f a cr$it provision ref]r$ to 9 subsection 7b77#b7 ( su* section4 7d7 ,special rules ,= purposes ( ?is section-- 7#a7 ,applicable entity 7,a7 ,9 g5]al ,! t]m applicable entity means-- 7i7 any organization exempt f ! tax impos$ by subtitle ,a1 7ii7 any ,/ate or political subdivision !re(1 7iii7 ! ,t5nessee ,valley ,au?ority1 7iv7 an ,indian tribal gov]nm5t 7z def9$ 9 section #cj;,d7g77#i771 7v7 any ,alaska ,native ,corporation 7z def9$ 9 section #c ( ! ,alaska ,native ,claims ,settlem5t ,act 7#dc ,u4,s4,c4 #afjb7m771 or 7vi7 any corporation op]at+ on a coop]ative basis :i* is engag$ 9 furni%+ electric en]gy to p]sons 9 rural areas4 7,b7 ,election ) respect to cr$it = production ( clean hydrog5 ,if a taxpay] o!r ?an an entity describ$ 9 subp>agraph 7,a7 makes an election "u ?is subp>agraph ) respect to any taxable ye> 9 :i* su* taxpay] has plac$ 9 s]vice a qualifi$ clean hydrog5 production facility 7z def9$ 9 section #de,v7c77#c771 su* taxpay] %all be treat$ z an applicable entity = purposes ( ?is section = su* taxable ye>1 b only ) respect to ! cr$it describ$ 9 subsection 7b77#e74 7,c7 ,election ) respect to cr$it = c>bon oxide seque/ration ,if a taxpay] o!r ?an an entity describ$ 9 subp>agraph 7,a7 makes an election "u ?is subp>agraph ) respect to any taxable ye> 9 :i* su* taxpay] has1 aft] ,decemb] #ca1 #bjbb1 plac$ 9 s]vice c>bon capture equipm5t at a qualifi$ facility 7z def9$ 9 section #de,q7d771 su* taxpay] %all be treat$ z an applicable entity = purposes ( ?is section = su* taxable ye>1 b only ) respect to ! cr$it describ$ 9 subsection 7b77#c74 7,d7 ,election ) respect to advanc$ manufactur+ production cr$it 7i7 ,9 g5]al ,if a taxpay] o!r ?an an entity describ$ 9 subp>agraph 7,a7 makes an election "u ?is subp>agraph ) respect to any taxable ye> 9 :i* su* taxpay] has1 aft] ,decemb] #ca1 #bjbb1 produc$ eligible compon5ts 7z def9$ 9 section #de,x7c77#a771 su* taxpay] %all be treat$ z an applicable entity = purposes ( ?is section = su* taxable ye>1 b only ) respect to ! cr$it describ$ 9 subsection 7b77#g74 7ii7 ,limitation 7,i7 ,9 g5]al ,except z provid$ 9 subclause 7,,ii71 if a taxpay] makes an election "u ?is subp>agraph ) respect to any taxable ye>1 su* taxpay] %all be treat$ z hav+ made su* election = ea* ( ! #d succe$+ taxable ye>s end+ be=e ,janu>y #a1 #bjcc4 7,,ii7 ,exception ,a taxpay] may elect to revoke ! application ( ! election made "u ?is subp>agraph to any taxable ye> describ$ 9 subclause 7,i74 ,any su* election1 if made1 %all apply to ! applicable ye> specifi$ 9 su* election & ea* subsequ5t taxable ye> )9 ! p]iod describ$ 9 subclause 7,i74 ,any election "u ?is subclause may n be subsequ5tly revok$4 7iii7 ,prohibition on transf] ,= any taxable ye> describ$ 9 clause 7ii77,i71 no election may be made by ! taxpay] "u section #fdah7;a7 = su* taxable ye> ) respect to eligible compon5ts = purposes ( ! cr$it describ$ 9 subsection 7b77#g74 7,e7 ,o!r rules 7i7 ,9 g5]al ,an election made "u subp>agraph 7,b71 7,c71 or 7,d7 %all be made at su* "t & 9 su* mann] z ! ,secret>y may provide4 7ii7 ,limitation ,no election may be made "u subp>agraph 7,b71 7,c71 or 7,d7 ) respect to any taxable ye> beg9n+ aft] ,decemb] #ca1 #bjcb4 7#b7 ,application ,9 ! case ( any applicable entity :i* makes ! election describ$ 9 subsection 7a71 any applicable cr$it %all be det]m9$-- 7,a7 )\t reg>d to p>agraphs 7#c7 & 7#d77;,a77i7 ( section #ej7;b71 & 7,b7 by treat+ any prop]ty ) respect to :i* su* cr$it is det]m9$ z us$ 9 a trade or bus9ess ( ! applicable entity4 7#c7 ,elections 7,a7 ,9 g5]al 7i7 ,due date ,any election "u subsection 7a7 %all be made n lat] ?an-- 7,i7 9 ! case ( any gov]nm5t1 or political subdivision1 describ$ 9 p>agraph 7#a7 & = :i* no return is requir$ "u section #fjaa or #fjcc7;a71 su* date z is det]m9$ appropriate by ! ,secret>y1 or 7,,ii7 9 any o!r case1 ! due date 7includ+ ext5sions ( "t7 = ! return ( tax = ! taxable ye> = :i* ! election is made1 b 9 no ev5t e>li] ?an #ahj days aft] ! date ( ! enactm5t ( ?is section4 7ii7 ,additional rules ,any election "u subsection 7a71 once made1 %all be irrevocable & %all apply 7except z o!rwise provid$ 9 ?is p>agraph7 ) respect to any cr$it = ! taxable ye> = :i* ! election is made4 7,b7 ,r5ewable electricity production cr$it ,9 ! case ( ! cr$it describ$ 9 subsection 7b77#b71 any election "u subsection 7a7 %all-- 7i7 apply sep>ately ) respect to ea* qualifi$ facility1 7ii7 be made = ! taxable ye> 9 :i* su* qualifi$ facility is orig9ally plac$ 9 s]vice1 & 7iii7 %all apply to su* taxable ye> & to any subsequ5t taxable ye> :i* is )9 ! p]iod describ$ 9 subsection 7a77#b77;,a77ii7 ( section #de ) respect to su* qualifi$ facility4 7,c7 ,cr$it = c>bon oxide seque/ration 7i7 ,9 g5]al ,9 ! case ( ! cr$it describ$ 9 subsection 7b77#c71 any election "u subsection 7a7 %all-- 7,i7 apply sep>ately ) respect to ! c>bon capture equipm5t orig9ally plac$ 9 s]vice by ! applicable entity dur+ a taxable ye>1 & 7,,ii7 7aa7 9 ! case ( a taxpay] :o makes an election describ$ 9 p>agraph 7#a77;,c71 apply to ! taxable ye> 9 :i* su* equipm5t is plac$ 9 s]vice & ! #d subsequ5t taxable ye>s ) respect to su* equipm5t :i* end be=e ,janu>y #a1 #bjcc1 & 7bb7 9 any o!r case1 apply to su* taxable ye> & to any subsequ5t taxable ye> :i* is )9 ! p]iod describ$ 9 p>agraph 7#c77;,a7 or 7#d77;,a7 ( section #de,q7a7 ) respect to su* equipm5t4 7ii7 ,prohibition on transf] ,= any taxable ye> describ$ 9 clause 7i77,,ii77aa7 ) respect to c>bon capture equipm5t1 no election may be made by ! taxpay] "u section #fdah7;a7 = su* taxable ye> ) respect to su* equipm5t = purposes ( ! cr$it describ$ 9 subsection 7b77#c74 7iii7 ,revocation ( election ,9 ! case ( a taxpay] :o makes an election describ$ 9 p>agraph 7#a77;,c7 ) respect to c>bon capture equipm5t1 su* taxpay] may1 at any "t dur+ ! p]iod describ$ 9 clause 7i77,,ii77aa71 revoke ! application ( su* election ) respect to su* equipm5t = any subsequ5t taxable ye>s dur+ su* p]iod4 ,any su* election1 if made1 %all apply to ! applicable ye> specifi$ 9 su* election & ea* subsequ5t taxable ye> )9 ! p]iod describ$ 9 clause 7i77,,ii77aa74 ,any election "u ?is subclause may n be subsequ5tly revok$4 7,d7 ,cr$it = production ( clean hydrog5 7i7 ,9 g5]al ,9 ! case ( ! cr$it describ$ 9 subsection 7b77#e71 any election "u subsection 7a7 %all-- 7,i7 apply sep>ately ) respect to ea* qualifi$ clean hydrog5 production facility1 7,,ii7 be made = ! taxable ye> 9 :i* su* facility is plac$ 9 s]vice 7or )9 ! #a-ye> p]iod subsequ5t to ! date ( enactm5t ( ?is section 9 ! case ( facilities plac$ 9 s]vice be=e ,decemb] #ca1 #bjbb71 & 7,,iii7 7aa7 9 ! case ( a taxpay] :o makes an election describ$ 9 p>agraph 7#a77;,b71 apply to su* taxable ye> & ! #d subsequ5t taxable ye>s ) respect to su* facility :i* end be=e ,janu>y #a1 #bjcc1 & 7bb7 9 any o!r case1 apply to su* taxable ye> & all subsequ5t taxable ye>s ) respect to su* facility4 7ii7 ,prohibition on transf] ,= any taxable ye> describ$ 9 clause 7i77,,iii77aa7 ) respect to a qualifi$ clean hydrog5 production facility1 no election may be made by ! taxpay] "u section #fdah7;a7 = su* taxable ye> ) respect to su* facility = purposes ( ! cr$it describ$ 9 subsection 7b77#e74 7iii7 ,revocation ( election ,9 ! case ( a taxpay] :o makes an election describ$ 9 p>agraph 7#a77;,b7 ) respect to a qualifi$ clean hydrog5 production facility1 su* taxpay] may1 at any "t dur+ ! p]iod describ$ 9 clause 7i77,,iii77aa71 revoke ! application ( su* election ) respect to su* facility = any subsequ5t taxable ye>s dur+ su* p]iod4 ,any su* election1 if made1 %all apply to ! applicable ye> specifi$ 9 su* election & ea* subsequ5t taxable ye> )9 ! p]iod describ$ 9 clause 7i77,,ii77aa74 ,any election "u ?is subclause may n be subsequ5tly revok$4 7,e7 ,clean electricity production cr$it ,9 ! case ( ! cr$it describ$ 9 subsection 7b77#h71 any election "u subsection 7a7 %all-- 7i7 apply sep>ately ) respect to ea* qualifi$ facility1 7ii7 be made = ! taxable ye> 9 :i* su* facility is plac$ 9 s]vice1 & 7iii7 %all apply to su* taxable ye> & to any subsequ5t taxable ye> :i* is )9 ! p]iod describ$ 9 subsection 7b77#a77;,b7 ( section #de,y ) respect to su* facility4 7#d7 ,tim+ ,! paym5t describ$ 9 subsection 7a7 %all be treat$ z made on-- 7,a7 9 ! case ( any gov]nm5t1 or political subdivision1 describ$ 9 p>agraph 7#a7 & = :i* no return is requir$ "u section #fjaa or #fjcc7;a71 ! lat] ( ! date t a return w\ld be due "u section #fjcc7;a7 if su* gov]nm5t or subdivision 7 describ$ 9 t section or ! date on :i* su* gov]nm5t or subdivision submits a claim = cr$it or refund 7at su* "t & 9 su* mann] z ! ,secret>y %all provide71 & 7,b7 9 any o!r case1 ! lat] ( ! due date 7det]m9$ )\t reg>d to ext5sions7 ( ! return ( tax = ! taxable ye> or ! date on :i* su* return is fil$4 7#e7 ,additional in=mation ,z a condition (1 & prior to1 any am\nt be+ treat$ z a paym5t :i* is made by an applicable entity "u subsection 7a71 ! ,secret>y may require su* in=mation or regi/ration z ! ,secret>y deems necess>y = purposes ( prev5t+ duplication1 fraud1 improp] paym5ts1 or excessive paym5ts "u ?is section4 7#f7 ,excessive paym5t 7,a7 ,9 g5]al ,9 ! case ( any am\nt treat$ z a paym5t :i* is made by ! applicable entity "u subsection 7a71 or ! am\nt ( ! paym5t made pursuant to subsection 7c71 :i* ! ,secret>y det]m9es con/itutes an excessive paym5t1 ! tax impos$ on su* entity by *apt] #a 7reg>dless ( :e!r su* entity w\ld o!rwise be subject to tax "u su* *apt]7 = ! taxable ye> 9 :i* su* det]m9ation is made %all be increas$ by an am\nt equal to ! sum (-- 7i7 ! am\nt ( su* excessive paym5t1 plus 7ii7 an am\nt equal to #bj p]c5t ( su* excessive paym5t4 7,b7 ,reasonable cause ,subp>agraph 7,a77ii7 %all n apply if ! applicable entity demon/rates to ! satisfaction ( ! ,secret>y t ! excessive paym5t result$ f reasonable cause4 7,c7 ,excessive paym5t def9$ ,= purposes ( ?is p>agraph1 ! t]m excessive paym5t means1 ) respect to a facility or prop]ty = :i* an election is made "u ?is section = any taxable ye>1 an am\nt equal to ! excess (-- 7i7 ! am\nt treat$ z a paym5t :i* is made by ! applicable entity "u subsection 7a71 or ! am\nt ( ! paym5t made pursuant to subsection 7c71 ) respect to su* facility or prop]ty = su* taxable ye>1 ov] 7ii7 ! am\nt ( ! cr$it :i*1 )\t application ( ?is section1 w\ld be o!rwise all[able 7z det]m9$ pursuant to p>agraph 7#b7 & )\t reg>d to section #ch7;c77 "u ?is title ) respect to su* facility or prop]ty = su* taxable ye>4 7e7 ,d5ial ( d\ble b5efit ,9 ! case ( an applicable entity mak+ an election "u ?is section ) respect to an applicable cr$it1 su* cr$it %all be r$uc$ to z]o & %all1 = any o!r purposes "u ?is title1 be deem$ to h be5 all[$ to su* entity = su* taxable ye>4 7f7 ,mirror code possessions ,9 ! case ( any possession ( ! ,unit$ ,/ates ) a mirror code tax sy/em 7z def9$ 9 section #bd7k771 ?is section %all n be treat$ z "p ( ! income tax laws ( ! ,unit$ ,/ates = purposes ( det]m9+ ! income tax law ( su* possession unless su* possession elects to h ?is section be s treat$4 7g7 ,basis r$uction & recapture ,except z o!rwise provid$ 9 subsection 7c77#b77;,a71 rules simil> to ! rules ( section #ej %all apply = purposes ( ?is section4 7h7 ,regulations ,! ,secret>y %all issue su* regulations or o!r guidance z may be necess>y to c>ry out ! purposes ( ?is section1 includ+ guidance to ensure t ! am\nt ( ! paym5t or deem$ paym5t made "u ?is section is comm5surate ) ! am\nt ( ! cr$it t w\ld be o!rwise all[able 7det]m9$ )\t reg>d to section #ch7;c774 4 7b7 ,transf] ( c]ta9 cr$its ,sub*apt] ,b ( *apt] #fe1 z am5d$ by subsection 7a71 is am5d$ by ins]t+ aft] section #fdag ! foll[+ new section3 #fdah4 ,transf] ( c]ta9 cr$its 7a7 ,9 g5]al ,9 ! case ( an eligible taxpay] :i* elects to transf] all 7or any portion specifi$ 9 ! election7 ( an eligible cr$it det]m9$ ) respect to su* taxpay] = any taxable ye> to a taxpay] 7ref]r$ to 9 ?is section z ! transf]ee taxpay]7 :i* is n relat$ 7)9 ! mean+ ( section #bfg7;b7 or #gjg7;b77#a77 to ! eligible taxpay]1 ! transf]ee taxpay] specifi$ 9 su* election 7& n ! eligible taxpay]7 %all be treat$ z ! taxpay] = purposes ( ?is title ) respect to su* cr$it 7or su* portion !re(74 7b7 ,treatm5t ( paym5ts made 9 connection ) transf] ,) respect to any am\nt paid by a transf]ee taxpay] to an eligible taxpay] z consid]ation = a transf] describ$ 9 subsection 7a71 su* consid]ation-- 7#a7 %all be requir$ to be paid 9 ca%1 7#b7 %all n be includible 9 gross income ( ! eligible taxpay]1 & 7#c7 ) respect to ! transf]ee taxpay]1 %all n be d$uctible "u ?is title4 7c7 ,application to p>tn]%ips & ,s corporations 7#a7 ,9 g5]al ,9 ! case ( any eligible cr$it det]m9$ ) respect to any facility or prop]ty held directly by a p>tn]%ip or ,s corporation1 if su* p>tn]%ip or ,s corporation makes an election "u subsection 7a7 79 su* mann] z ! ,secret>y may provide7 ) respect to su* cr$it-- 7,a7 any am\nt receiv$ z consid]ation = a transf] describ$ 9 su* subsection %all be treat$ z tax exempt income = purposes ( sections #gje & #acff1 & 7,b7 a p>tn]'s di/ributive %>e ( su* tax exempt income %all be bas$ on su* p>tn]'s di/ributive %>e ( ! o!rwise eligible cr$it = ea* taxable ye>4 7#b7 ,coord9ation ) application at p>tn] or %>ehold] level ,9 ! case ( any facility or prop]ty held directly by a p>tn]%ip or ,s corporation1 no election by any p>tn] or %>ehold] %all be all[$ "u subsection 7a7 ) respect to any eligible cr$it det]m9$ ) respect to su* facility or prop]ty4 7d7 ,taxable ye> 9 :i* cr$it tak5 into acc\nt ,9 ! case ( any cr$it 7or portion !re(7 ) respect to :i* an election is made "u subsection 7a71 su* cr$it %all be tak5 into acc\nt 9 ! fir/ taxable ye> ( ! transf]ee taxpay] end+ )1 or aft]1 ! taxable ye> ( ! eligible taxpay] ) respect to :i* ! cr$it 0 det]m9$4 7e7 ,limitations on election 7#a7 ,"t = election ,an election "u subsection 7a7 to transf] any portion ( an eligible cr$it %all be made n lat] ?an ! due date 7includ+ ext5sions ( "t7 = ! return ( tax = ! taxable ye> = :i* ! cr$it is det]m9$1 b 9 no ev5t e>li] ?an #ahj days aft] ! date ( ! enactm5t ( ?is section4 ,any su* election1 once made1 %all be irrevocable4 7#b7 ,no additional transf]s ,no election may be made "u subsection 7a7 by a transf]ee taxpay] ) respect to any portion ( an eligible cr$it :i* has be5 previ\sly transf]r$ to su* taxpay] pursuant to ?is section4 7f7 ,def9itions ,= purposes ( ?is section-- 7#a7 ,eligible cr$it 7,a7 ,9 g5]al ,! t]m eligible cr$it means ea* ( ! foll[+3 7i7 ,s mu* ( ! cr$it = alt]native fuel vehicle refuel+ prop]ty all[$ "u section #cj;,c :i*1 pursuant to subsection 7d77#a7 ( su* section1 is treat$ z a cr$it li/$ 9 section #ch7;b74 7ii7 ,! r5ewable electricity production cr$it det]m9$ "u section #de7;a74 7iii7 ,! cr$it = c>bon oxide seque/ration det]m9$ "u section #de,q7a74 7iv7 ,! z]o-emission nucle> p[] production cr$it det]m9$ "u section #de,u7a74 7v7 ,! clean hydrog5 production cr$it det]m9$ "u section #de,v7a74 7vi7 ,! advanc$ manufactur+ production cr$it det]m9$ "u section #de,x7a74 7vii7 ,! clean electricity production cr$it det]m9$ "u section #de,y7a74 7viii7 ,! clean fuel production cr$it det]m9$ "u section #de,z7a74 7ix7 ,! en]gy cr$it det]m9$ "u section #dh4 7x7 ,! qualify+ advanc$ en]gy project cr$it det]m9$ "u section #dh;,c4 7xi7 ,! clean electricity inve/m5t cr$it det]m9$ "u section #dh;,e4 7,b7 ,election = c]ta9 cr$its ,9 ! case ( any eligible cr$it describ$ 9 clause 7ii71 7iii71 7v71 or 7vii7 ( subp>agraph 7,a71 an election "u subsection 7a7 %all be made-- 7i7 sep>ately ) respect to ea* facility = :i* su* cr$it is det]m9$1 & 7ii7 = ea* taxable ye> dur+ ! #aj-ye> p]iod beg9n+ on ! date su* facility 0 orig9ally plac$ 9 s]vice 7or1 9 ! case ( ! cr$it describ$ 9 clause 7iii71 = ea* ye> dur+ ! #ab-ye> p]iod beg9n+ on ! date ! c>bon capture equipm5t 0 orig9ally plac$ 9 s]vice at su* facility74 7,c7 ,exception = bus9ess cr$it c>ry=w>ds or c>rybacks ,! t]m eligible cr$it %all n include any bus9ess cr$it c>ry=w>d or bus9ess cr$it c>ryback det]m9$ "u section #ci4 7#b7 ,eligible taxpay] ,! t]m eligible taxpay] means any taxpay] :i* is n describ$ 9 section #fdag7;d77#a77;,a74 7g7 ,special rules ,= purposes ( ?is section-- 7#a7 ,additional in=mation ,z a condition (1 & prior to1 any transf] ( any portion ( an eligible cr$it pursuant to subsection 7a71 ! ,secret>y may require su* in=mation 7includ+1 9 su* =m or mann] z is det]m9$ appropriate by ! ,secret>y1 su* in=mation returns7 or regi/ration z ! ,secret>y deems necess>y = purposes ( prev5t+ duplication1 fraud1 improp] paym5ts1 or excessive paym5ts "u ?is section4 7#b7 ,excessive cr$it transf] 7,a7 ,9 g5]al ,9 ! case ( any portion ( an eligible cr$it :i* is transf]r$ to a transf]ee taxpay] pursuant to subsection 7a7 :i* ! ,secret>y det]m9es con/itutes an excessive cr$it transf]1 ! tax impos$ on ! transf]ee taxpay] by *apt] #a 7reg>dless ( :e!r su* entity w\ld o!rwise be subject to tax "u su* *apt]7 = ! taxable ye> 9 :i* su* det]m9ation is made %all be increas$ by an am\nt equal to ! sum (-- 7i7 ! am\nt ( su* excessive cr$it transf]1 plus 7ii7 an am\nt equal to #bj p]c5t ( su* excessive cr$it transf]4 7,b7 ,reasonable cause ,subp>agraph 7,a77ii7 %all n apply if ! transf]ee taxpay] demon/rates to ! satisfaction ( ! ,secret>y t ! excessive cr$it transf] result$ f reasonable cause4 7,c7 ,excessive cr$it transf] def9$ ,= purposes ( ?is p>agraph1 ! t]m excessive cr$it transf] means1 ) respect to a facility or prop]ty = :i* an election is made "u subsection 7a7 = any taxable ye>1 an am\nt equal to ! excess (-- 7i7 ! am\nt ( ! eligible cr$it claim$ by ! transf]ee taxpay] ) respect to su* facility or prop]ty = su* taxable ye>1 ov] 7ii7 ! am\nt ( su* cr$it :i*1 )\t application ( ?is section1 w\ld be o!rwise all[able "u ?is title ) respect to su* facility or prop]ty = su* taxable ye>4 7#c7 ,basis r$uction2 notification ( recapture ,9 ! case ( any election "u subsection 7a7 ) respect to any portion ( an eligible cr$it describ$ 9 clauses 7ix7 ?r\gh 7xi7 ( subsection 7f77#a77;,a7-- 7,a7 subsection 7c7 ( section #ej %all apply to ! applicable inve/m5t cr$it prop]ty 7z def9$ 9 subsection 7a77#e7 ( su* section7 z if su* eligible cr$it 0 all[$ to ! eligible taxpay]1 & 7,b7 if1 dur+ any taxable ye>1 ! applicable inve/m5t cr$it prop]ty 7z def9$ 9 subsection 7a77#e7 ( section #ej7 is dispos$ (1 or o!rwise ceases to be inve/m5t cr$it prop]ty ) respect to ! eligible taxpay]1 be=e ! close ( ! recapture p]iod 7z describ$ 9 subsection 7a77#a7 ( su* section7-- 7i7 su* eligible taxpay] %all provide notice ( su* occurr5ce to ! transf]ee taxpay] 79 su* =m & mann] z ! ,secret>y %all prescribe71 & 7ii7 ! transf]ee taxpay] %all provide notice ( ! recapture am\nt 7z def9$ 9 subsection 7c77#b7 ( su* section71 if any1 to ! eligible taxpay] 79 su* =m & mann] z ! ,secret>y %all prescribe74 7#d7 ,prohibition on election or transf] ) respect to progress exp5ditures ,?is section %all n apply ) respect to any am\nt ( an eligible cr$it :i* is all[$ pursuant to rules simil> to ! rules ( subsections 7c77#d7 & 7d7 ( section #df 7z 9 effect on ! day be=e ! date ( ! enactm5t ( ! ,rev5ue ,reconciliation ,act ( #aiij74 7h7 ,regulations ,! ,secret>y %all issue su* regulations or o!r guidance z may be necess>y to c>ry out ! purposes ( ?is section1 includ+ regulations or o!r guidance provid+ rules = det]m9+ a p>tn]'s di/ributive %>e ( ! tax exempt income describ$ 9 subsection 7c77#a74 4 7c7 ,real e/ate inve/m5t tru/s ,section #ej7;d7 is am5d$ by add+ at ! end ! foll[+3 ,9 ! case ( a real e/ate inve/m5t tru/ mak+ an election "u section #fdah1 p>agraphs 7#a77;,b7 & 7#b77;,b7 ( ! section #df7;e7 ref]r$ to 9 p>agraph 7#a7 ( ?is subsection %all n apply to any inve/m5t cr$it prop]ty ( su* real e/ate inve/m5t tru/ to :i* su* election applies44 7d7 #c-ye> c>ryback = applicable cr$its ,section #ci7;a7 is am5d$ by add+ at ! end ! foll[+3 7#d7 #c-ye> c>ryback = applicable cr$its ,not)/&+ subsection 7d71 9 ! case ( any applicable cr$it 7z def9$ 9 section #fdag7;b77-- 7,a7 ?is section %all be appli$ sep>ately f ! bus9ess cr$it 7o!r ?an ! applicable cr$it71 7,b7 p>agraph 7#a7 %all be appli$ by sub/itut+ ea* ( ! #c taxable ye>s = ! taxable ye> 9 subp>agraph 7,a7 !re(1 & 7,c7 p>agraph 7#b7 %all be appli$-- 7i7 by sub/itut+ #bc taxable ye>s = #ba taxable ye>s 9 subp>agraph 7,a7 !re(1 & 7ii7 by sub/itut+ #bb taxable ye>s = #bj taxable ye>s 9 subp>agraph 7,b7 !re(4 4 7e7 ,cl]ical am5dm5t ,! table ( sections = sub*apt] ,b ( *apt] #fe is am5d$ by ins]t+ aft] ! item relat+ to section #fdaf ! foll[+ new items3 ,sec4 #fdag4 ,elective paym5t ( applicable cr$its4,sec4 #fdah4 ,transf] ( c]ta9 cr$its4 4 7f7 ,gross-up ( direct sp5d+ ,beg9n+ 9 fiscal ye> #bjbc & ea* fiscal ye> !reaft]1 ! portion ( any paym5t made to a taxpay] pursuant to an election "u section #fdag ( ! ,int]nal ,rev5ue ,code ( #aihf1 or any am\nt treat$ z a paym5t :i* is made by ! taxpay] "u subsection 7a7 ( su* section1 t is direct sp5d+ %all be increas$ by #f4jdde p]c5t4 7g7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 #achjb4 ,appropriations ,imm$iately ^u ! enactm5t ( ?is ,act1 9 addition to am\nts o!rwise available1 !re are appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ejj1jjj1jjj to rema9 available until ,septemb] #cj1 #bjca1 = necess>y exp5ses = ! ,int]nal ,rev5ue ,s]vice to c>ry out ?is subtitle 7& ! am5dm5ts made by ?is subtitle71 :i* %all supplem5t & n supplant any o!r appropriations t may be available = ?is purpose4 #i ,o!r provisions #acija4 ,p]man5t ext5sion ( tax rate to fund ,black ,lung ,disability ,tru/ ,fund 7a7 ,9 g5]al ,section #daba is am5d$ by /rik+ subsection 7e74 7b7 ,effective date ,! am5dm5t made by ?is section %all apply to sales 9 cal5d> qu>t]s beg9n+ aft] ! date :i* is #a day aft] ! date ( enactm5t ( ?is ,act4 #acijb4 ,increase 9 rese>* cr$it aga9/ payroll tax = small bus9esses 7a7 ,9 g5]al ,clause 7i7 ( section #da7;h77#d77;,b7 is am5d$-- 7#a7 by /rik+ ,am\nt4--,! am\nt & ins]t+ 8,am\nt4-- 7,i7 ,9 g5]al ,! am\nt 1 & 7#b7 by add+ at ! end ! foll[+ new subclause3 7,,ii7 ,increase ,9 ! case ( taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb1 ! am\nt 9 subclause 7,i7 %all be increas$ by #bej1jjj4 4 7b7 ,all[ance ( cr$it 7#a7 ,9 g5]al ,p>agraph 7#a7 ( section #caaa7;f7 is am5d$-- 7,a7 by /rik+ = a taxable ye>1 !re %all be all[$ & ins]t+ 8= a taxable ye>-- 7,a7 !re %all be all[$ 1 7,b7 by /rik+ equal to ! & ins]t+ equal to s mu* ( !1 7,c7 by /rik+ ! p]iod at ! end & ins]t+ z does n exce$ ! limitation ( subclause 7,i7 ( section #da7;h77#d77;,b77i7 7appli$ )\t reg>d to subclause 7,,ii7 !re(71 &1 & 7,d7 by add+ at ! end ! foll[+ new subp>agraph3 7,b7 !re %all be all[$ z a cr$it aga9/ ! tax impos$ by subsection 7b7 = ! fir/ cal5d> qu>t] :i* beg9s aft] ! date on :i* ! taxpay] files ! return specifi$ 9 section #da7;h77#d77;,a77ii7 an am\nt equal to s mu* ( ! payroll tax cr$it portion det]m9$ "u section #da7;h77#b7 z is n all[$ z a cr$it "u subp>agraph 7,a74 4 7#b7 ,limitation ,p>agraph 7#b7 ( section #caaa7;f7 is am5d$-- 7,a7 by /rik+ p>agraph 7#a7 & ins]t+ p>agraph 7#a77;,a71 & 7,b7 by ins]t+ 1 & ! cr$it all[$ by p>agraph 7#a77;,b7 %all n exce$ ! tax impos$ by subsection 7b7 = any cal5d> qu>t]1 aft] cal5d> qu>t]4 7#c7 ,c>ryov] ,p>agraph 7#c7 ( section #caaa7;f7 is am5d$ by /rik+ ! cr$it & ins]t+ any cr$it4 7#d7 ,d$uction all[$ ,p>agraph 7#d7 ( section #caaa7;f7 is am5d$-- 7,a7 by /rik+ cr$it & ins]t+ cr$its1 & 7,b7 by /rik+ subsection 7a7 & ins]t+ subsection 7a7 or 7b74 7c7 ,aggregation rules ,clause 7ii7 ( section #da7;h77#e77;,b7 is am5d$ by /rik+ ! #bej1jjj am\nt & ins]t+ ea* ( ! #bej1jjj am\nts4 7d7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 #acijc4 ,re9/atem5t ( limitation rules = d$uction = ,/ate & local1 etc41 taxes2 ext5sion ( limitation on excess bus9ess losses ( noncorporate taxpay]s 7a7 ,re9/atem5t ( limitation rules = d$uction = ,/ate & local1 etc41 taxes 7#a7 ,9 g5]al ,section #afd7;b77#f71 z am5d$ by section #acijd1 is fur!r am5d$-- 7,a7 9 ! head+1 by /rik+ #bjbf & ins]t+ #bjbe1 & 7,b7 by /rik+ #bjbg & ins]t+ #bjbf4 7#b7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 7b7 ,ext5sion ( limitation on excess bus9ess losses ( noncorporate taxpay]s 7#a7 ,9 g5]al ,section #dfa7l77#a7 is am5d$ by /rik+ ,janu>y #a1 #bjbg ea* place x appe>s & ins]t+ ,janu>y #a1 #bjbi4 7#b7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbf4 #acijd4 ,removal ( h>mful small bus9ess taxes2 ext5sion ( limitation on d$uction = ,/ate & local1 etc41 taxes 7a7 ,removal ( h>mful small bus9ess taxes ,subp>agraph 7,d7 ( section #ei7k77#a71 z add$ by section #ajaja1 is am5d$ to read z foll[s3 7,d7 ,special rules = det]m9+ applicable corporation /atus ,solely = purposes ( det]m9+ :e!r a corporation is an applicable corporation "u ?is p>agraph1 all adju/$ f9ancial /atem5t income ( p]sons treat$ z a s+le employ] ) su* corporation "u subsection 7a7 or 7b7 ( section #eb %all be treat$ z adju/$ f9ancial /atem5t income ( su* corporation1 & adju/$ f9ancial /atem5t income ( su* corporation %all be det]m9$ )\t reg>d to p>agraphs 7#b77;,d77i7 & 7#aa7 ( section #ef;,a7c74 4 7b7 ,ext5sion ( limitation on d$uction = ,/ate & local1 etc41 taxes 7#a7 ,9 g5]al ,section #afd7;b77#f7 is am5d$-- 7,a7 9 ! head+1 by /rik+ #bjbe & ins]t+ #bjbf1 & 7,b7 by /rik+ #bjbf & ins]t+ #bjbg4 7#b7 ,effective date ,! am5dm5ts made by ?is subsection %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbb4 ,,ii ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ,a ,g5]al provisions #bjjja4 ,def9ition ( ,secret>y ,9 ?is title1 ! t]m ,secret>y means ! ,secret>y ( ,agriculture4 ,b ,cons]vation #bajja4 ,additional agricultural cons]vation inve/m5ts 7a7 ,appropriations ,9 addition to am\nts o!rwise available 7& subject to subsection 7b771 !re are appropriat$ to ! ,secret>y1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca 7subject to ! condition t no su* funds may be disburs$ aft] ,septemb] #cj1 #bjca7-- 7#a7 to c>ry out1 us+ ! facilities & au?orities ( ! ,commodity ,cr$it ,corporation1 ! environm5tal quality inc5tives program "u sub*apt] ,a ( *apt] #d ( subtitle ,d ( title ,,xii ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa ?r\gh #chci;aa-#h7-- 7,a7 7i7 #bej1jjj1jjj = fiscal ye> #bjbc2 7ii7 #a1gej1jjj1jjj = fiscal ye> #bjbd2 7iii7 #c1jjj1jjj1jjj = fiscal ye> #bjbe2 & 7iv7 #c1dej1jjj1jjj = fiscal ye> #bjbf2 & 7,b7 subject to ! conditions on ! use ( ! funds t-- 7i7 section #abdj;,b7f77#a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#b7;f77#a77 %all n apply2 7ii7 section #abdj;,h7c77#b7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#h7;c77#b77 %all be appli$-- 7,i7 by sub/itut+ #ej1jjj1jjj = #be1jjj1jjj2 & 7,,ii7 ) ! ,secret>y prioritiz+ proposals t utilize diet & fe$ managem5t to r$uce ent]ic me?ane emissions f rum9ants2 & 7iii7 ! funds %all be available = #a or m agricultural cons]vation practices or enhancem5ts t ! ,secret>y det]m9es directly improve soil c>bon1 r$uce nitrog5 losses1 or r$uce1 capture1 avoid1 or seque/] c>bon dioxide1 me?ane1 or nitr\s oxide emissions1 associat$ ) agricultural production2 7#b7 to c>ry out1 us+ ! facilities & au?orities ( ! ,commodity ,cr$it ,corporation1 ! cons]vation /ew>d%ip program "u sub*apt] ,b ( t *apt] 7#af ,u4,s4,c4 #chci;aa-#ba ?r\gh #chci;aa-#be7-- 7,a7 7i7 #bej1jjj1jjj = fiscal ye> #bjbc2 7ii7 #ejj1jjj1jjj = fiscal ye> #bjbd2 7iii7 #a1jjj1jjj1jjj = fiscal ye> #bjbe2 & 7iv7 #a1ejj1jjj1jjj = fiscal ye> #bjbf2 & 7,b7 subject to ! condition on ! use ( ! funds t ! funds %all only be available = #a or m agricultural cons]vation practices1 enhancem5ts1 or bundles t ! ,secret>y det]m9es directly improve soil c>bon1 r$uce nitrog5 losses1 or r$uce1 capture1 avoid1 or seque/] c>bon dioxide1 me?ane1 or nitr\s oxide emissions1 associat$ ) agricultural production2 7#c7 to c>ry out1 us+ ! facilities & au?orities ( ! ,commodity ,cr$it ,corporation1 ! agricultural cons]vation easem5t program "u subtitle ,h ( title ,,xii ( t ,act 7#af ,u4,s4,c4 #chfe ?r\gh #chfe;d7 = easem5ts or int]e/s 9 l& t w mo/ r$uce1 capture1 avoid1 or seque/] c>bon dioxide1 me?ane1 or nitr\s oxide emissions associat$ ) l& eligible = ! program-- 7,a7 #ajj1jjj1jjj = fiscal ye> #bjbc2 7,b7 #bjj1jjj1jjj = fiscal ye> #bjbd2 7,c7 #ejj1jjj1jjj = fiscal ye> #bjbe2 & 7,d7 #fjj1jjj1jjj = fiscal ye> #bjbf2 & 7#d7 to c>ry out1 us+ ! facilities & au?orities ( ! ,commodity ,cr$it ,corporation1 ! regional cons]vation p>tn]%ip program "u subtitle ,i ( title ,,xii ( t ,act 7#af ,u4,s4,c4 #chga ?r\gh #chga;f7-- 7,a7 7i7 #bej1jjj1jjj = fiscal ye> #bjbc2 7ii7 #hjj1jjj1jjj = fiscal ye> #bjbd2 7iii7 #a1ejj1jjj1jjj = fiscal ye> #bjbe2 & 7iv7 #b1djj1jjj1jjj = fiscal ye> #bjbf2 & 7,b7 subject to ! conditions on ! use ( ! funds t-- 7i7 section #abga;,c7d77#b77;,b7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chga;c7d77#b77;,b77 %all n apply2 & 7ii7 ! ,secret>y %all prioritize p>tn]%ip agreem5ts "u section #abga;,c7d7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chga;c7d77 t support ! implem5tation ( cons]vation projects t assi/ agricultural produc]s & non9du/rial private =e/l& own]s 9 directly improv+ soil c>bon1 r$uc+ nitrog5 losses1 or r$uc+1 captur+1 avoid+1 or seque/]+ c>bon dioxide1 me?ane1 or nitr\s oxide emissions1 associat$ ) agricultural production4 7b7 ,conditions ,! funds made available "u subsection 7a7 are subject to ! conditions t ! ,secret>y %all n-- 7#a7 ent] into any agreem5t-- 7,a7 t is = a t]m ext5d+ beyond ,septemb] #cj1 #bjca2 or 7,b7 "u :i* any paym5t c\ld be outlaid or funds disburs$ aft] ,septemb] #cj1 #bjca2 or 7#b7 use any o!r funds available to ! ,secret>y to satisfy obligations initially made "u ?is section4 7c7 ,con=m+ am5dm5ts 7#a7 ,section #abdj;,b ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#b7 is am5d$-- 7,a7 9 subsection 7a71 by /rik+ #bjbc & ins]t+ #bjca2 & 7,b7 9 subsection 7f77#b77;,b7-- 7i7 9 ! subp>agraph head+1 by /rik+ #bjbc & ins]t+ #bjca2 & 7ii7 by /rik+ #bjbc & ins]t+ #bjca4 7#b7 ,section #abdj;,h ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#h7 is am5d$ by /rik+ #bjbc ea* place x appe>s & ins]t+ #bjca4 7#c7 ,section #abdj;,j7a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#bb7;a77 is am5d$1 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ #bjbc & ins]t+ #bjca4 7#d7 ,section #abdj,l7h77#b77;,a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chci;aa-#bd7;h77#b77;,a77 is am5d$ by /rik+ #bjbc & ins]t+ #bjca4 7#e7 ,section #abda ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chda7 is am5d$-- 7,a7 9 subsection 7a7-- 7i7 9 ! matt] prec$+ p>agraph 7#a71 by /rik+ #bjbc & ins]t+ #bjca2 7ii7 9 p>agraph 7#b77;,f71 by /rik+ #bjbc & ins]t+ #bjca2 & 7iii7 9 p>agraph 7#c71 by /rik+ fiscal ye> #bjbc ea* place x appe>s & ins]t+ ea* ( fiscal ye>s #bjbc ?r\gh #bjca2 7,b7 9 subsection 7b71 by /rik+ #bjbc & ins]t+ #bjca2 & 7,c7 9 subsection 7h7-- 7i7 9 p>agraph 7#a77;,b71 9 ! subp>agraph head+1 by /rik+ #bjbc & ins]t+ #bjca2 & 7ii7 by /rik+ #bjbc ea* place x appe>s & ins]t+ #bjca4 7#f7 ,section #abdd7n77#c77;,a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chdd7n77#c77;,a77 is am5d$ by /rik+ #bjbc & ins]t+ #bjca4 7#g7 ,section #abga;,d7a7 ( ! ,food ,security ,act ( #aihe 7#af ,u4,s4,c4 #chga;d7a77 is am5d$ by /rik+ #bjbc & ins]t+ #bjca4 #bajjb4 ,cons]vation te*nical assi/ance 7a7 ,appropriations ,9 addition to am\nts o!rwise available 7& subject to subsection 7b771 !re are appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca 7subject to ! condition t no su* funds may be disburs$ aft] ,septemb] #cj1 #bjca7-- 7#a7 #a1jjj1jjj1jjj to provide cons]vation te*nical assi/ance ?r\gh ! ,natural ,res\rces ,cons]vation ,s]vice2 & 7#b7 #cjj1jjj1jjj to c>ry out a program to quantify c>bon seque/ration & c>bon dioxide1 me?ane1 & nitr\s oxide emissions1 ?r\gh :i* ! ,natural ,res\rces ,cons]vation ,s]vice %all collect field-bas$ data to assess ! c>bon seque/ration & r$uction 9 c>bon dioxide1 me?ane1 & nitr\s oxide emissions outcomes associat$ ) activities c>ri$ out pursuant to ?is section & use ! data to monitor & track ^? c>bon seque/ration & emissions tr5ds ?r\gh ! ,gre5h\se ,gas ,inv5tory & ,assessm5t ,program ( ! ,dep>tm5t ( ,agriculture4 7b7 ,conditions ,! funds made available "u ?is section are subject to ! conditions t ! ,secret>y %all n-- 7#a7 ent] into any agreem5t-- 7,a7 t is = a t]m ext5d+ beyond ,septemb] #cj1 #bjca2 or 7,b7 "u :i* any paym5t c\ld be outlaid or funds disburs$ aft] ,septemb] #cj1 #bjca2 7#b7 use any o!r funds available to ! ,secret>y to satisfy obligations initially made "u ?is section2 or 7#c7 int]pret ?is section to au?orize funds ( ! ,commodity ,cr$it ,corporation = activities "u ?is section if su* funds are n expressly au?oriz$ or curr5tly exp5d$ = su* purposes4 7c7 ,adm9i/rative co/s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh1 = adm9i/rative co/s ( ! ag5cies & (fices ( ! ,dep>tm5t ( ,agriculture = co/s relat$ to implem5t+ ?is section4 ,c ,rural developm5t & agricultural cr$it #bbjja4 ,additional fund+ = electric loans = r5ewable en]gy ,section #ijjc ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #hajc7 is am5d$ by add+ at ! end ! foll[+3 7h7 ,additional fund+ = electric loans = r5ewable en]gy 7#a7 ,appropriations ,not)/&+ subsections 7a7 ?r\gh 7e71 & 7g71 9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #a1jjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! co/ ( loans "u section #cag ( ! ,rural ,electrification ,act ( #aicf 7#g ,u4,s4,c4 #idj;g71 includ+ = projects t /ore electricity t support ! types ( eligible projects "u t section1 :i* %all be =giv5 9 an am\nt t is n great] ?an #ej p]c5t ( ! loan bas$ on h[ ! borr[] & ! project meets ! t]ms & conditions = loan =giv5ess consi/5t ) ! purposes ( t section e/abli%$ by ! ,secret>y1 except z provid$ 9 p>agraph 7#c74 7#b7 ,limitation ,! ,secret>y %all n ent] into any loan agreem5t pursuant ?is subsection t c\ld result 9 disbursem5ts aft] ,septemb] #cj1 #bjca4 7#c7 ,exception ,! ,secret>y %all e/abli% crit]ia = waiv+ ! #ej p]c5t limitation describ$ 9 p>agraph 7#a74 4 #bbjjb4 ,rural ,en]gy = ,am]ica ,program 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 = eligible projects "u section #ijjg ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #hajg71 & not)/&+ section #ijjg7;c77#c77;,a7 ( t ,act1 ! am\nt ( a grant %all n exce$ #ej p]c5t ( ! co/ ( ! activity c>ri$ out us+ ! grant funds-- 7#a7 #hbj1bej1jjj = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca2 & 7#b7 #ahj1bgf1ejj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg1 to rema9 available until ,septemb] #cj1 #bjca4 7b7 ,und]utiliz$ r5ewable en]gy te*nologies ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to provide grants & loans gu>ante$ by ! ,secret>y 7includ+ ! co/s ( su* loans7 "u ! program describ$ 9 subsection 7a7 relat+ to und]utiliz$ r5ewable en]gy te*nologies1 & to provide te*nical assi/ance = apply+ to ! program describ$ 9 subsection 7a71 includ+ = und]utiliz$ r5ewable en]gy te*nologies1 not)/&+ section #ijjg7;c77#c77;,a7 ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #hajg7;c77#c77;,a771 ! am\nt ( a grant %all n exce$ #ej p]c5t ( ! co/ ( ! activity c>ri$ out us+ ! grant funds1 & to ! ext5t ! foll[+ am\nts rema9 available at ! end ( ea* fiscal ye>1 ! ,secret>y %all use su* am\nts 9 accordance ) subsection 7a7-- 7#a7 #add1gej1jjj = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca2 & 7#b7 #ca1hac1ejj = ea* ( fiscal ye>s #bjbc ?r\gh #bjbg1 to rema9 available until ,septemb] #cj1 #bjca4 7c7 ,limitation ,! ,secret>y %all n ent] into1 pursuant to ?is section-- 7#a7 any loan agreem5t t may result 9 a disbursem5t aft] ,septemb] #cj1 #bjca2 or 7#b7 any grant agreem5t t may result 9 any outlay aft] ,septemb] #cj1 #bjca4 #bbjjc4 ,bi(uel infra/ructure & agriculture product m>ket expansion ,section #ijjc ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #hajc7 7z am5d$ by section #bbjja7 is am5d$ by add+ at ! end ! foll[+3 7i7 ,bi(uel infra/ructure & agriculture product m>ket expansion 7#a7 ,appropriation ,not)/&+ subsections 7a7 ?r\gh 7e7 & subsection 7g71 9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ejj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to c>ry out ?is subsection4 7#b7 ,use ( funds ,! ,secret>y %all use ! am\nts made available by p>agraph 7#a7 to provide grants1 = :i* ! ,f$]al %>e %all be n m ?an #ge p]c5t ( ! total co/ ( c>ry+ out a project = :i* ! grant is provid$1 on a competitive basis1 to increase ! sale & use ( agricultural commodity-bas$ fuels ?r\gh infra/ructure improvem5ts = bl5d+1 /or+1 supply+1 or di/ribut+ bi(uels1 except = transportation infra/ructure n on location :]e su* bi(uels are bl5d$1 /or$1 suppli$1 or di/ribut$-- 7,a7 by in/all+1 retr(itt+1 or o!rwise upgrad+ fuel disp5s]s or pumps & relat$ equipm5t1 /orage tank sy/em compon5ts1 & o!r infra/ructure requir$ at a location relat$ to disp5s+ c]ta9 bi(uel bl5ds to ensure ! increas$ sales ( fuels ) high levels ( commodity-bas$ e?anol & biodiesel t are at or great] ?an ! levels requir$ 9 ! ,notice ( ,fund+ ,availability = ! ,high] ,bl5ds ,infra/ructure ,inc5tive ,program = ,fiscal ,ye> #bjbj1 publi%$ 9 ! ,f$]al ,regi/] 7#he ,f$4 ,reg4 #bffef71 z det]m9$ by ! ,secret>y2 & 7,b7 by build+ & retr(itt+ home heat+ oil di/ribution c5t]s or equival5t entities & di/ribution sy/ems = e?anol & biodiesel bl5ds4 4 #bbjjd4 ,,usda assi/ance = rural electric coop]atives ,section #ijjc ( ! ,f>m ,security & ,rural ,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4 #hajc7 7z am5d$ by section #bbjjc7 is am5d$ by add+ at ! end ! foll[+3 7j7 ,,usda assi/ance = rural electric coop]atives 7#a7 ,appropriation ,not)/&+ subsections 7a7 ?r\gh 7e7 & 7g71 9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #i1gjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! long-t]m resili5cy1 reliability1 & af=dability ( rural electric sy/ems by provid+ to an eligible entity 7def9$ z an electric coop]ative describ$ 9 section #eja7;c77#ab7 or #acha7;a77#b7 ( ! ,int]nal ,rev5ue ,code ( #aihf & is or has be5 a ,rural ,utilities ,s]vice electric loan borr[] pursuant to ! ,rural ,electrification ,act ( #aicf or s]v+ a pr$om9antly rural area or a :olly or jo9tly own$ subsidi>y ( su* electric coop]ative7 loans1 modifications ( loans1 ! co/ ( loans & modifications1 & o!r f9ancial assi/ance to a*ieve ! greate/ r$uction 9 c>bon dioxide1 me?ane1 & nitr\s oxide emissions associat$ ) rural electric sy/ems ?r\gh ! pur*ase ( r5ewable en]gy1 r5ewable en]gy sy/ems1 z]o-emission sy/ems1 & c>bon capture & /orage sy/ems1 to deploy su* sy/ems1 or to make en]gy effici5cy improvem5ts to electric g5]ation & transmission sy/ems ( ! eligible entity aft] ! date ( enactm5t ( ?is subsection4 7#b7 ,limitation ,no eligible entity may receive an am\nt equal to m ?an #aj p]c5t ( ! total am\nt made available by ?is subsection4 7#c7 ,requirem5t ,! am\nt ( a grant "u ?is subsection %all be n m ?an #be p]c5t ( ! total project co/s ( ! eligible entity c>ry+ out a project us+ a grant "u ?is subsection4 7#d7 ,prohibition ,no?+ 9 ?is subsection %all be int]pret$ to au?orize funds ( ! ,commodity ,cr$it ,corporation = activities "u ?is subsection if su* funds are n expressly au?oriz$ or curr5tly exp5d$ = su* purposes4 7#e7 ,disbursem5ts ,! ,secret>y %all n ent] into1 pursuant to ?is subsection-- 7,a7 any loan agreem5t t may result 9 a disbursem5t aft] ,septemb] #cj1 #bjca2 or 7,b7 any grant agreem5t t may result 9 any outlay aft] ,septemb] #cj1 #bjca4 4 #bbjje4 ,additional ,,usda rural developm5t adm9i/rative funds ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = adm9i/rative co/s & sal>ies & exp5ses = ! ,rural ,developm5t mission area & adm9i/rative co/s ( ! ag5cies & (fices ( ! ,dep>tm5t = co/s relat$ to implem5t+ ?is subtitle4 #bbjjf4 ,f>m loan imm$iate relief = borr[]s ) at-risk agricultural op]ations ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( am\nts 9 ! ,treasury n o!rwise appropriat$1 #c1ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to provide paym5ts to1 = ! co/ ( loans or loan modifications =1 or to c>ry out section #cca7;b77#d7 ( ! ,consolidat$ ,f>m & ,rural ,developm5t ,act 7#g ,u4,s4,c4 #aiha7;b77#d77 ) respect to di/ress$ borr[]s ( direct or gu>ante$ loans adm9i/]$ by ! ,f>m ,s]vice ,ag5cy "u subtitle ,a1 ,b1 or ,c ( t ,act 7#g ,u4,s4,c4 #aibb ?r\gh #aigj74 ,9 c>ry+ out ?is section1 ! ,secret>y %all provide relief to ^? borr[]s ^: agricultural op]ations are at f9ancial risk z exp$iti\sly z possible1 z det]m9$ by ! ,secret>y4 #bbjjg4 ,,usda assi/ance & support = und]s]v$ f>m]s1 ran*]s1 & =e/]s ,section #ajjf ( ! ,am]ican ,rescue ,plan ,act ( #bjba 7#g ,u4,s4,c4 #bbgi note2 ,public ,law #aag-b7 is am5d$ to read z foll[s3 #ajjf4 ,,usda assi/ance & support = und]s]v$ f>m]s1 ran*]s1 =e/]s 7a7 ,te*nical & o!r assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #abe1jjj1jjj to provide outrea*1 m$iation1 f9ancial tra9+1 capacity build+ tra9+1 coop]ative developm5t & agricultural cr$it tra9+ & support1 & o!r te*nical assi/ance on issues conc]n+ food1 agriculture1 agricultural cr$it1 agricultural ext5sion1 rural developm5t1 or nutrition to und]s]v$ f>m]s1 ran*]s1 or =e/ l&[n]s1 includ+ vet]ans1 limit$ res\rce produc]s1 beg9n+ f>m]s & ran*]s1 & f>m]s1 ran*]s1 & =e/ l&[n]s liv+ 9 high pov]ty areas4 7b7 ,l& loss assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj to provide grants & loans to eligible entities1 z det]m9$ by ! ,secret>y1 to improve l& access 7includ+ heirs' prop]ty & fractionat$ l& issues7 = und]s]v$ f>m]s1 ran*]s1 & =e/ l&[n]s1 includ+ vet]ans1 limit$ res\rce produc]s1 beg9n+ f>m]s & ran*]s1 & f>m]s1 ran*]s1 & =e/ l&[n]s liv+ 9 high pov]ty areas4 7c7 ,equity commissions ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aj1jjj1jjj to fund ! activities ( "o or m equity commissions t w address racial equity issues )9 ! ,dep>tm5t ( ,agriculture & ! programs ( ! ,dep>tm5t ( ,agriculture4 7d7 ,rese>*1 education1 & ext5sion ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj to support & supplem5t agricultural rese>*1 education1 & ext5sion1 z well z s*ol>%ips & programs t provide int]n%ips & pa?ways to agricultural sector or ,f$]al employm5t1 = #ahij ,in/itutions 7z def9$ 9 section #b ( ! ,agricultural1 ,rese>*1 ,ext5sion1 & ,education ,re=m ,act ( #aiih 7#g ,u4,s4,c4 #gfja771 #aiid ,in/itutions 7z def9$ 9 section #ecb ( ! ,equity 9 ,educational ,l&-,grant ,/atus ,act ( #aiid 7#g ,u4,s4,c4 #cja note2 ,public ,law #ajc-chb771 ,alaska ,native s]v+ in/itutions & ,native ,hawaiian s]v+ in/itutions eligible to receive grants "u subsections 7a7 & 7b71 respectively1 ( section #adai;,b ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #caef71 ,hispanic-s]v+ in/itutions eligible to receive grants "u section #adee ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cbda71 & ! insul> area in/itutions ( high] education locat$ 9 ! t]ritories ( ! ,unit$ ,/ates1 z ref]r$ to 9 section #adhi ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #ccfa74 7e7 ,discrim9ation f9ancial assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1bjj1jjj1jjj = a program to provide f9ancial assi/ance1 includ+ ! co/ ( any f9ancial assi/ance1 to f>m]s1 ran*]s1 or =e/ l&[n]s det]m9$ to h exp]i5c$ discrim9ation prior to ,janu>y #a1 #bjba1 9 ,dep>tm5t ( ,agriculture f>m l5d+ programs1 "u :i* ! am\nt ( f9ancial assi/ance provid$ to a recipi5t may be n m ?an #ejj1jjj1 z det]m9$ to be appropriate bas$ on any consequ5ces exp]i5c$ f ! discrim9ation1 :i* program %all be adm9i/]$ ?r\gh #a or m qualifi$ nongov]nm5tal entities select$ by ! ,secret>y subject to /&>ds set & en=c$ by ! ,secret>y4 7f7 ,adm9i/rative co/s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,agriculture = fiscal ye> #bjbb1 to rema9 available until ,septemb] #cj1 #bjca1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bd1jjj1jjj = adm9i/rative co/s1 includ+ tra9+ employees1 ( ! ag5cies & (fices ( ! ,dep>tm5t ( ,agriculture to c>ry out ?is section4 7g7 ,limitation ,! funds made available "u ?is section are subject to ! condition t ! ,secret>y %all n-- 7#a7 ent] into any agreem5t "u :i* any paym5t c\ld be outlaid or funds disburs$ aft] ,septemb] #cj1 #bjca2 or 7#b7 use any o!r funds available to ! ,secret>y to satisfy obligations initially made "u ?is section4 4 #bbjjh4 ,repeal ( f>m loan assi/ance ,section #ajje ( ! ,am]ican ,rescue ,plan ,act ( #bjba 7#g ,u4,s4,c4 #aiba note2 ,public ,law #aag-b7 is repeal$4 ,d ,=e/ry #bcjja4 ,national =e/ sy/em re/oration & fuels r$uction projects 7a7 ,appropriations ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca-- 7#a7 #a1hjj1jjj1jjj = haz>d\s fuels r$uction projects on ,national ,=e/ ,sy/em l& )9 ! wildl&-urban int]face2 7#b7 #bjj1jjj1jjj = vegetation managem5t projects on ,national ,=e/ ,sy/em l& c>ri$ out 9 accordance ) a plan develop$ "u section #cjc7;d77#a7 or #cjd7;a77#c7 ( ! ,heal?y ,=e/s ,re/oration ,act ( #bjjc 7#af ,u4,s4,c4 #fedb7;d77#a7 or #fedc7;a77#c772 7#c7 #ajj1jjj1jjj to provide = environm5tal reviews by ! ,*ief ( ! ,=e/ ,s]vice 9 satisfy+ ! obligations ( ! ,*ief ( ! ,=e/ ,s]vice "u ! ,national ,environm5tal ,policy ,act ( #aifi 7#db ,u4,s4,c4 #dcba ?r\gh #dcgjm-#ab72 & 7#d7 #ej1jjj1jjj = ! protection ( old-gr[? =e/s on ,national ,=e/ ,sy/em l& & to complete an inv5tory ( old-gr[? =e/s & mature =e/s )9 ! ,national ,=e/ ,sy/em4 7b7 ,re/rictions ,none ( ! funds made available by p>agraph 7#a7 or 7#b7 ( subsection 7a7 may be us$ = any activity-- 7#a7 conduct$ 9 a wild]ness area or wild]ness /udy area2 7#b7 t includes ! con/ruction ( a p]man5t road or motoriz$ trail2 7#c7 t includes ! con/ruction ( a tempor>y road1 except 9 ! case ( a tempor>y road t is decommission$ by ! ,secret>y n lat] ?an #c ye>s aft] ! e>li] (-- 7,a7 ! date on :i* ! tempor>y road is no long] ne$$2 & 7,b7 ! date on :i* ! project = :i* ! tempor>y road 0 con/ruct$ is complet$2 7#d7 inconsi/5t ) ! applicable l& managem5t plan2 7#e7 inconsi/5t ) ! prohibitions ( ! rule ( ! ,=e/ ,s]vice entitl$ ,special ,areas2 ,roadless ,area ,cons]vation 7#ff ,f$4 ,reg4 #cbdd 7,janu>y #ab1 #bjja771 z modifi$ by subp>ts ,c & ,d ( "p #bid ( title #cf1 ,code ( ,f$]al ,regulations2 or 7#f7 c>ri$ out on any l& t is n ,national ,=e/ ,sy/em l&1 includ+ o!r =e/$ l& on ,f$]al1 ,/ate1 ,tribal1 or private l&4 7c7 ,limitations ,no?+ 9 ?is section %all be int]pret$ to au?orize funds ( ! ,commodity ,cr$it ,corporation = activities "u ?is section if su* funds are n expressly au?oriz$ or curr5tly exp5d$ = su* purposes4 7d7 ,co/-%>+ waiv] 7#a7 ,9 g5]al ,! non-,f$]al co/-%>e requirem5t ( a project describ$ 9 p>agraph 7#b7 may be waiv$ at ! discretion ( ! ,secret>y4 7#b7 ,project describ$ ,a project ref]r$ to 9 p>agraph 7#a7 is a project t-- 7,a7 is c>ri$ out us+ funds made available "u ?is section2 7,b7 requires a p>tn]%ip agreem5t1 includ+ a coop]ative agreem5t or mutual int]e/ agreem5t2 & 7,c7 is subject to a non-,f$]al co/-%>e requirem5t4 7e7 ,def9itions ,9 ?is section3 7#a7 ,decommission ,! t]m decommission means1 ) respect to a road-- 7,a7 ree/abli%+ native vegetation on ! road2 7,b7 re/or+ any natural dra9age1 wat]%$ function1 or o!r ecological processes t 7 disrupt$ or adv]sely impact$ by ! road by remov+ or hydrologically disconnect+ ! road prism & ree/abli%+ /able slope cont\rs2 & 7,c7 effectively block+ ! road to vehicul> traffic1 :]e feasible4 7#b7 ,ecological integrity ,! t]m ecological integrity has ! mean+ giv5 ! t]m 9 section #bai4ai ( title #cf1 ,code ( ,f$]al ,regulations 7z 9 effect on ! date ( enactm5t ( ?is ,act74 7#c7 ,haz>d\s fuels r$uction project ,! t]m haz>d\s fuels r$uction project means an activity1 includ+ ! use ( prescrib$ fire1 to protect /ructures & communities f wildfire t is c>ri$ out on ,national ,=e/ ,sy/em l&4 7#d7 ,re/oration ,! t]m re/oration has ! mean+ giv5 ! t]m 9 section #bai4ai ( title #cf1 ,code ( ,f$]al ,regulations 7z 9 effect on ! date ( enactm5t ( ?is ,act74 7#e7 ,vegetation managem5t project ,! t]m vegetation managem5t project means an activity c>ri$ out on ,national ,=e/ ,sy/em l& to enhance ! ecological integrity & a*ieve ! re/oration ( a =e/ ecosy/em ?r\gh ! removal ( vegetation1 ! use ( prescrib$ fire1 ! re/oration ( aquatic habitat1 or ! decommission+ ( an unau?oriz$1 tempor>y1 or sy/em road4 7#f7 ,wildl&-urban int]face ,! t]m wildl&-urban int]face has ! mean+ giv5 ! t]m 9 section #aja ( ! ,heal?y ,=e/s ,re/oration ,act ( #bjjc 7#af ,u4,s4,c4 #feaa74 #bcjjb4 ,competitive grants = non-,f$]al =e/ l&[n]s 7a7 ,appropriations ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca-- 7#a7 #aej1jjj1jjj = ! competitive grant program "u section #ac;,a ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #baji;a7 = provid+ ?r\gh t program a co/ %>e to c>ry out climate mitigation or =e/ resili5ce practices 9 ! case ( und]s]v$ =e/ l&[n]s1 subject to ! condition t subsection 7h7 ( t section %all n apply2 7#b7 #aej1jjj1jjj = ! competitive grant program "u section #ac;,a ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #baji;a7 = provid+ ?r\gh t program grants to support ! p>ticipation ( und]s]v$ =e/ l&[n]s 9 em]g+ private m>kets = climate mitigation or =e/ resili5ce1 subject to ! condition t subsection 7h7 ( t section %all n apply2 7#c7 #ajj1jjj1jjj = ! competitive grant program "u section #ac;,a ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #baji;a7 = provid+ ?r\gh t program grants to support ! p>ticipation ( =e/ l&[n]s :o own less ?an #b1ejj acres ( =e/ l& 9 em]g+ private m>kets = climate mitigation or =e/ resili5ce1 subject to ! condition t subsection 7h7 ( t section %all n apply2 7#d7 #ej1jjj1jjj = ! competitive grant program "u section #ac;,a ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #baji;a7 to provide grants to /ates & o!r eligible entities to provide paym5ts to own]s ( private =e/ l& = implem5tation ( =e/ry practices on private =e/ l&1 t are det]m9$ by ! ,secret>y1 bas$ on ! be/ available sci5ce1 to provide measurable increases 9 c>bon seque/ration & /orage beyond cu/om>y practices on comp>able l&1 subject to ! conditions t-- 7,a7 ^? paym5ts %all n preclude l&[n]s f p>ticipation 9 o!r public & private sector f9ancial inc5tive programs2 & 7,b7 subsection 7h7 ( t section %all n apply2 & 7#e7 #ajj1jjj1jjj to provide grants "u ! wood innovation grant program "u section #hfdc ( ! ,agriculture ,improvem5t ,act ( #bjah 7#g ,u4,s4,c4 #gfee;d71 includ+ = ! con/ruction ( new facilities t advance ! purposes ( ! program & = ! haul+ ( mat]ial remov$ to r$uce haz>d\s fuels to locations :]e t mat]ial c be utiliz$1 subject to ! conditions t-- 7,a7 ! am\nt ( su* a grant %all be n m ?an #e1jjj1jjj2 & 7,b7 not)/&+ subsection 7d7 ( t section1 a recipi5t ( su* a grant %all provide funds equal to n less ?an #ej p]c5t ( ! am\nt receiv$ "u ! grant1 to be d]iv$ f non-,f$]al s\rces4 7b7 ,co/-%>+ requirem5t ,any p>tn]%ip agreem5ts1 includ+ coop]ative agreem5ts & mutual int]e/ agreem5ts1 us+ funds made available "u ?is section %all be subject to a non-,f$]al co/-%>e requirem5t ( n less ?an #bj p]c5t ( ! project co/1 :i* may be waiv$ at ! discretion ( ! ,secret>y4 7c7 ,limitations ,no?+ 9 ?is section %all be int]pret$ to au?orize funds ( ! ,commodity ,cr$it ,corporation = activities "u ?is section if su* funds are n expressly au?oriz$ or curr5tly exp5d$ = su* purposes4 #bcjjc4 ,/ate & private =e/ry cons]vation programs 7a7 ,appropriations ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca-- 7#a7 #gjj1jjj1jjj to provide competitive grants to ,/ates ?r\gh ! ,=e/ ,legacy ,program e/abli%$ "u section #g ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #bajc;c7 = projects = ! acquisition ( l& & int]e/s 9 l&2 & 7#b7 #a1ejj1jjj1jjj to provide multiye>1 programmatic1 competitive grants to a ,/ate ag5cy1 a local gov]nm5tal entity1 an ag5cy or gov]nm5tal entity ( ! ,di/rict ( ,columbia1 an ag5cy or gov]nm5tal entity ( an insul> area 7z def9$ 9 section #adjd ( ! ,national ,agricultural ,rese>*1 ,ext5sion1 & ,tea*+ ,policy ,act ( #aigg 7#g ,u4,s4,c4 #cajc771 an ,indian ,tribe1 or a nonpr(it organization ?r\gh ! ,urban & ,community ,=e/ry ,assi/ance program e/abli%$ "u section #i7;c7 ( ! ,coop]ative ,=e/ry ,assi/ance ,act ( #aigh 7#af ,u4,s4,c4 #baje7;c77 = tree plant+ & relat$ activities4 7b7 ,waiv] ,any non-,f$]al co/-%>e requirem5t o!rwise applicable to projects c>ri$ out "u ?is section may be waiv$ at ! discretion ( ! ,secret>y4 #bcjjd4 ,limitation ,! funds made available "u ?is subtitle are subject to ! condition t ! ,secret>y %all n-- 7#a7 ent] into any agreem5t-- 7,a7 t is = a t]m ext5d+ beyond ,septemb] #cj1 #bjca2 or 7,b7 "u :i* any paym5t c\ld be outlaid or funds disburs$ aft] ,septemb] #cj1 #bjca2 or 7#b7 use any o!r funds available to ! ,secret>y to satisfy obligations initially made "u ?is subtitle4 #bcjje4 ,adm9i/rative co/s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj to rema9 available until ,septemb] #cj1 #bjca1 = adm9i/rative co/s ( ! ag5cies & (fices ( ! ,dep>tm5t ( ,agriculture = co/s relat$ to implem5t+ ?is subtitle4 ,,iii ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs #cjjja4 ,enhanc$ use ( ,def5se ,production ,act ( #aiej ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ejj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbd1 to c>ry out ! ,def5se ,production ,act ( #aiej 7#ej ,u4,s4,c4 #deja et seq474 #cjjjb4 ,improv+ en]gy effici5cy or wat] effici5cy or climate resili5ce ( af=dable h\s+ 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,h\s+ & ,urban ,developm5t 79 ?is section ref]r$ to z ! ,secret>y7 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$-- 7#a7 #hcg1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh1 = ! co/ ( provid+ direct loans1 ! co/s ( modify+ su* loans1 & = grants1 z provid$ = & subject to t]ms & conditions 9 subsection 7b71 includ+ to subsidize gross obligations = ! pr9cipal am\nt ( su* loans1 n to exce$ #d1jjj1jjj1jjj1 to fund projects t improve en]gy or wat] effici5cy1 enhance indoor air quality or su/a9ability1 implem5t ! use ( z]o-emission electricity g5]ation1 l[-emission build+ mat]ials or processes1 en]gy /orage1 or build+ electrification /rategies1 or address climate resili5ce1 ( an eligible prop]ty2 7#b7 #fj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjcj1 = ! co/s to ! ,secret>y = in=mation te*nology1 rese>* & evaluation1 & adm9i/]+ & ov]see+ ! implem5tation ( ?is section2 7#c7 #fj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbi1 = exp5ses ( contracts or coop]ative agreem5ts adm9i/]$ by ! ,secret>y2 & 7#d7 #db1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh1 = en]gy & wat] b5*m>k+ ( prop]ties eligible to receive grants or loans "u ?is section1 reg>dless ( :e!r !y actually receiv$ su* grants or loans1 along ) associat$ data analysis & evaluation at ! prop]ty & portfolio level1 & ! developm5t ( in=mation te*nology sy/ems necess>y = ! collection1 evaluation1 & analysis ( su* data4 7b7 ,loan & grant t]ms & conditions ,am\nts made available "u ?is section %all be = direct loans1 grants1 & direct loans t c be conv]t$ to grants to eligible recipi5ts t agree to an ext5d$ p]iod ( af=dability = ! prop]ty4 7c7 ,def9itions ,z us$ 9 ?is section-- 7#a7 ! t]m eligible recipi5t means any own] or sponsor ( an eligible prop]ty2 & 7#b7 ! t]m eligible prop]ty means a prop]ty assi/$ pursuant to-- 7,a7 section #bjb ( ! ,h\s+ ,act ( #aiei 7#ab ,u4,s4,c4 #agjaq72 7,b7 section #bjb ( ! ,h\s+ ,act ( #aiei 7=m] #ab ,u4,s4,c4 #agjaq71 z su* section exi/$ be=e ! enactm5t ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act2 7,c7 section #haa ( ! ,cran/on-,gonzalez ,national ,af=dable ,h\s+ ,act 7#db ,u4,s4,c4 #hjac72 7,d7 section #h7;b7 ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7b772 7,e7 section #bcf ( ! ,national ,h\s+ ,act 7#ab ,u4,s4,c4 #agaez-#a72 or 7,f7 a ,h\s+ ,assi/ance ,paym5ts contract = ,project-,bas$ ,r5tal ,assi/ance 9 fiscal ye> #bjba4 7d7 ,waiv] ,! ,secret>y may waive or specify alt]native requirem5ts = any provision ( subsection 7c7 or 7bb7 ( section #h ( ! ,unit$ ,/ates ,h\s+ ,act ( #aicg 7#db ,u4,s4,c4 #adcg;f7c71 #adcg;f7bb77 ^u a f9d+ t ! waiv] or alt]native requirem5t is necess>y to facilitate ! use ( am\nts made available "u ?is section4 7e7 ,implem5tation ,! ,secret>y %all h ! au?ority to e/abli% by notice any requirem5ts t ! ,secret>y det]m9es are necess>y = timely & effective implem5tation ( ! program & exp5diture ( funds appropriat$1 :i* requirem5ts %all take effect ^u issuance4 ,,iv ,committee on ,comm]ce1 ,sci5ce1 & ,transportation #djjja4 ,inve/+ 9 coa/al communities & climate resili5ce 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1fjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to provide fund+ ?r\gh direct exp5diture1 contracts1 grants1 coop]ative agreem5ts1 or te*nical assi/ance to coa/al /ates 7z def9$ 9 p>agraph 7#d7 ( section #cjd ( ! ,coa/al ,zone ,managem5t ,act ( #aigb 7#af ,u4,s4,c4 #adec7d7771 ! ,di/rict ( ,columbia1 ,tribal ,gov]nm5ts1 nonpr(it organizations1 local gov]nm5ts1 & in/itutions ( high] education 7z def9$ 9 subsection 7a7 ( section #aja ( ! ,high] ,education ,act ( #aife 7#bj ,u4,s4,c4 #ajja7;a7771 = ! cons]vation1 re/oration1 & protection ( coa/al & m>9e habitats1 res\rces1 ,pacific salmon & o!r m>9e fi%]ies1 to enable coa/al communities to prep>e = extreme /orms & o!r *ang+ climate conditions1 & = projects t support natural res\rces t su/a9 coa/al & m>9e res\rce dep5d5t communities1 m>9e fi%]y & m>9e mammal /ock assessm5ts1 & = relat$ adm9i/rative exp5ses4 7b7 ,tribal gov]nm5t def9$ ,9 ?is section1 ! t]m ,tribal ,gov]nm5t means ! recogniz$ gov]n+ body ( any ,indian or ,alaska ,native tribe1 b&1 nation1 pueblo1 village1 community1 compon5t b&1 or compon5t res]vation1 individually id5tifi$ 7includ+ p>5!tically7 9 ! li/ publi%$ mo/ rec5tly z ( ! date ( enactm5t ( ?is subsection pursuant to section #ajd ( ! ,f$]ally ,recogniz$ ,indian ,tribe ,li/ ,act ( #aiid 7#be ,u4,s4,c4 #eaca74 #djjjb4 ,facilities ( ! national oceanic & atmosph]ic adm9i/ration & national m>9e sanctu>ies 7a7 ,national oceanic & atmosph]ic adm9i/ration facilities ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ! con/ruction ( new facilities1 facilities 9 ne$ ( replacem5t1 pi]s1 m>9e op]ations facilities1 & fi%]ies laboratories4 7b7 ,national m>9e sanctu>ies facilities ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ! con/ruction ( facilities to support ! ,national ,m>9e ,sanctu>y ,sy/em e/abli%$ "u subsection 7c7 ( section #cja ( ! ,national ,m>9e ,sanctu>ies ,act 7#af ,u4,s4,c4 #adca7;c774 #djjjc4 ,,noaa effici5t & effective reviews ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to conduct m effici5t1 accurate1 & timely reviews = plann+1 p]mitt+ & approval processes ?r\gh ! hir+ & tra9+ ( p]sonnel1 & ! pur*ase ( te*nical & sci5tific s]vices & new equipm5t1 & to improve ag5cy transp>5cy1 acc\ntability1 & public engagem5t4 #djjjd4 ,oceanic & atmosph]ic rese>* & =eca/+ = wea!r & climate 7a7 ,=eca/+ & rese>* ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to accel]ate advances & improvem5ts 9 rese>*1 obs]vation sy/ems1 model+1 =eca/+1 assessm5ts1 & dissem9ation ( in=mation to ! public z x p]ta9s to ocean & atmosph]ic processes relat$ to wea!r1 coa/s1 oceans1 & climate1 & to c>ry out section #ajb7;a7 ( ! ,wea!r ,rese>* & ,=eca/+ ,innovation ,act ( #bjag 7#ae ,u4,s4,c4 #heab7;a771 & = relat$ adm9i/rative exp5ses4 7b7 ,rese>* grants & sci5ce in=mation1 products1 & s]vices ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjbf1 #ej1jjj1jjj = competitive grants to fund climate rese>* z x relates to wea!r1 ocean1 coa/al1 & atmosph]ic processes & conditions1 & impacts to m>9e species & coa/al habitat1 & = relat$ adm9i/rative exp5ses4 #djjje4 ,comput+ capacity & rese>* = wea!r1 oceans1 & climate ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aij1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ! procurem5t ( additional high-p]=mance comput+1 data process+ capacity1 data managem5t1 & /orage assets1 to c>ry out section #bjd7;a77#b7 ( ! ,high-,p]=mance ,comput+ ,act ( #aiia 7#ae ,u4,s4,c4 #eebd7;a77#b771 & = transaction agreem5ts au?oriz$ "u section #cja7;d77#a77;,a7 ( ! ,wea!r ,rese>* & ,=eca/+ ,innovation ,act ( #bjag 7#ae ,u4,s4,c4 #heca7;d77#a77;,a771 & = relat$ adm9i/rative exp5ses4 #djjjf4 ,acquisition ( hurricane =eca/+ aircraft ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,national ,oceanic & ,atmosph]ic ,adm9i/ration = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ! acquisition ( hurricane hunt] aircraft "u section #dac7;a7 ( ! ,wea!r ,rese>* & ,=eca/+ ,innovation ,act ( #bjag 7#ae ,u4,s4,c4 #hedi7;a774 #djjjg4 ,alt]native fuel & l[-emission aviation te*nology program 7a7 ,appropriation & e/abli%m5t ,= purposes ( e/abli%+ a competitive grant program = eligible entities to c>ry out projects locat$ 9 ! ,unit$ ,/ates t produce1 transport1 bl5d1 or /ore su/a9able aviation fuel1 or develop1 demon/rate1 or apply l[-emission aviation te*nologies1 9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjbf-- 7#a7 #bdd1ecj1jjj = projects relat+ to ! production1 transportation1 bl5d+1 or /orage ( su/a9able aviation fuel2 7#b7 #df1ecj1jjj = projects relat+ to l[-emission aviation te*nologies2 & 7#c7 #e1idj1jjj to fund ! aw>d ( grants "u ?is section1 & ov]sight ( ! program1 by ! ,secret>y4 7b7 ,consid]ations ,9 c>ry+ out subsection 7a71 ! ,secret>y %all consid]1 ) respect to a propos$ project-- 7#a7 ! capacity = ! eligible entity to increase ! dome/ic production & deploym5t ( su/a9able aviation fuel or ! use ( l[-emission aviation te*nologies among ! ,unit$ ,/ates comm]cial aviation & a]ospace indu/ry2 7#b7 ! project$ gre5h\se gas emissions f su* project1 includ+ emissions result+ f ! developm5t ( ! project1 & ! pot5tial ! project has to r$uce or displace1 on a lifecycle basis1 ,unit$ ,/ates gre5h\se gas emissions associat$ ) air travel2 7#c7 ! capacity to create new jobs & develop supply *a9 p>tn]%ips 9 ! ,unit$ ,/ates2 7#d7 = projects relat$ to ! production ( su/a9able aviation fuel1 ! project$ lifecycle gre5h\se gas emissions b5efits f ! propos$ project1 :i* %all include fe$/ock & fuel production & pot5tial direct & indirect gre5h\se gas emissions 7includ+ result+ f *anges 9 l& use72 & 7#e7 ! b5efits ( ensur+ a div]sity ( fe$/ocks = su/a9able aviation fuel1 includ+ ! use ( wa/e c>bon oxides & direct air capture4 7c7 ,co/ %>e ,! ,f$]al %>e ( ! co/ ( a project c>ri$ out us+ grant funds "u subsection 7a7 %all be #ge p]c5t ( ! total propos$ co/ ( ! project1 except t su* ,f$]al %>e %all increase to #ij p]c5t ( ! total propos$ co/ ( ! project if ! eligible entity is a small hub airport or nonhub airport1 z su* t]ms are def9$ 9 section #dgajb ( title #di1 ,unit$ ,/ates ,code4 7d7 ,fuel emissions r$uction te/ ,= purposes ( clause 7ii7 ( subsection 7e77#g77;,e71 ! ,secret>y %all1 n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is section1 adopt at lea/ #a me?odology = te/+ lifecycle gre5h\se gas emissions t meets ! requirem5ts ( su* clause4 7e7 ,def9itions ,9 ?is section3 7#a7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a ,/ate or local gov]nm5t1 includ+ ! ,di/rict ( ,columbia1 o!r ?an an airport sponsor2 7,b7 an air c>ri]2 7,c7 an airport sponsor2 7,d7 an accr$it$ in/itution ( high] education2 7,e7 a rese>* in/itution2 7,f7 a p]son or entity engag$ 9 ! production1 transportation1 bl5d+1 or /orage ( su/a9able aviation fuel 9 ! ,unit$ ,/ates or fe$/ocks 9 ! ,unit$ ,/ates t c\ld be us$ to produce su/a9able aviation fuel2 7,g7 a p]son or entity engag$ 9 ! developm5t1 demon/ration1 or application ( l[-emission aviation te*nologies2 or 7,h7 nonpr(it entities or nonpr(it consortia ) exp]i5ce 9 su/a9able aviation fuels1 l[-emission aviation te*nologies1 or o!r clean transportation rese>* programs4 7#b7 ,fe$/ock ,! t]m fe$/ock means s\rces ( hydrog5 & c>bon n orig9at+ f unref9$ or ref9$ petro*emicals4 7#c7 ,induc$ l&-use *ange values ,! t]m induc$ l&-use *ange values means ! gre5h\se gas emissions result+ f ! conv]sion ( l& to ! production ( fe$/ocks & f ! conv]sion ( o!r l& due to ! displacem5t ( crops or animals = :i* ! orig9al l& 0 previ\sly us$4 7#d7 ,lifecycle gre5h\se gas emissions ,! t]m lifecycle gre5h\se gas emissions means ! comb9$ gre5h\se gas emissions f fe$/ock production1 collection ( fe$/ock1 transportation ( fe$/ock to fuel production facilities1 conv]sion ( fe$/ock to fuel1 transportation & di/ribution ( fuel1 & fuel combu/ion 9 an aircraft eng9e1 z well z f induc$ l&-use *ange values4 7#e7 ,l[-emission aviation te*nologies ,! t]m l[-emission aviation te*nologies means te*nologies1 produc$ 9 ! ,unit$ ,/ates1 t significantly-- 7,a7 improve aircraft fuel effici5cy2 7,b7 increase utilization ( su/a9able aviation fuel2 or 7,c7 r$uce gre5h\se gas emissions produc$ dur+ op]ation ( civil aircraft4 7#f7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,transportation4 7#g7 ,su/a9able aviation fuel ,! t]m su/a9able aviation fuel means liquid fuel1 produc$ 9 ! ,unit$ ,/ates1 t-- 7,a7 consi/s ( syn!siz$ hydroc>bons2 7,b7 meets ! requirem5ts (-- 7i7 ,,a/m ,int]national ,/&>d ,d#geff2 or 7ii7 ! co-process+ provisions ( ,,a/m ,int]national ,/&>d ,d#afee1 ,annex ,a#a 7or su* successor /&>d72 7,c7 is d]iv$ f biomass 79 a simil> mann] z su* t]m is def9$ 9 section #de,k7c77#c7 ( ! ,int]nal ,rev5ue ,code ( #aihf71 wa/e /reams1 r5ewable en]gy s\rces1 or gase\s c>bon oxides2 7,d7 is n d]iv$ f palm fatty acid di/illates2 & 7,e7 a*ieves at lea/ a #ej p]c5t lifecycle gre5h\se gas emissions r$uction 9 comp>ison ) petroleum-bas$ jet fuel1 z det]m9$ by a te/ t %[s-- 7i7 ! fuel production pa?way a*ieves at lea/ a #ej p]c5t r$uction ( ! aggregate attributional core lifecycle emissions & ! induc$ l&-use *ange values "u a lifecycle me?odology = su/a9able aviation fuels simil> to t adopt$ by ! ,int]national ,civil ,aviation ,organization ) ! agreem5t ( ! ,unit$ ,/ates2 or 7ii7 ! fuel production pa?way a*ieves at lea/ a #ej p]c5t r$uction ( ! aggregate attributional core lifecycle gre5h\se gas emissions values & ! induc$ l&-use *ange values "u ano!r me?odology t ! ,secret>y det]m9es is-- 7,i7 reflective ( ! late/ sci5tific und]/&+ ( lifecycle gre5h\se gas emissions2 & 7,,ii7 z /r+5t z ! requirem5t "u clause 7i74 ,v ,committee on ,en]gy & ,natural ,res\rces ,a ,en]gy #a ,g5]al provisions #ejaaa4 ,def9itions ,9 ?is subtitle3 7#a7 ,gre5h\se gas ,! t]m gre5h\se gas has ! mean+ giv5 ! t]m 9 section #afaj7;a7 ( ! ,en]gy ,policy ,act ( #aiib 7#db ,u4,s4,c4 #acchi7;a774 7#b7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ,en]gy4 7#c7 ,/ate ,! t]m ,/ate means a ,/ate1 ! ,di/rict ( ,columbia1 & a ,unit$ ,/ates ,insul> ,area 7z t t]m is def9$ 9 section #ejbaa74 7#d7 ,/ate en]gy (fice ,! t]m ,/ate en]gy (fice has ! mean+ giv5 ! t]m 9 section #abd7;a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #aehba7;a774 7#e7 ,/ate en]gy program ,! t]m ,/ate ,en]gy ,program means ! ,/ate ,en]gy ,program e/abli%$ pursuant to "p ,d ( title ,,iii ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcba ?r\gh #fcbf74 #b ,resid5tial effici5cy & electrification rebates #ejaba4 ,home en]gy p]=mance-bas$1 :ole-h\se rebates 7a7 ,appropriation 7#a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #d1cjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to c>ry out a program to aw>d grants to ,/ate en]gy (fices to develop & implem5t a ,,homes rebate program4 7#b7 ,allocation ( funds 7,a7 ,9 g5]al ,! ,secret>y %all res]ve funds made available "u p>agraph 7#a7 = ea* ,/ate en]gy (fice-- 7i7 9 accordance ) ! allocation =mula = ! ,/ate ,en]gy ,program 9 effect on ,janu>y #a1 #bjbb2 & 7ii7 to be di/ribut$ to a ,/ate en]gy (fice if ! application ( ! ,/ate en]gy (fice "u subsection 7b7 is approv$4 7,b7 ,additional funds ,n e>li] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 any money res]v$ "u subp>agraph 7,a7 b n di/ribut$ "u clause 7ii7 ( t subp>agraph %all be r$i/ribut$ to ! ,/ate en]gy (fices op]at+ a ,,homes rebate program us+ a grant receiv$ "u ?is section 9 proportion to ! am\nt di/ribut$ to ^? ,/ate en]gy (fices "u subp>agraph 7,a77ii74 7#c7 ,adm9i/rative exp5ses ,( ! funds made available "u p>agraph 7#a71 ! ,secret>y %all use n m ?an #c p]c5t =-- 7,a7 adm9i/rative purposes2 & 7,b7 provid+ te*nical assi/ance relat+ to activities c>ri$ out "u ?is section4 7b7 ,application ,a ,/ate en]gy (fice seek+ a grant "u ?is section %all submit to ! ,secret>y an application t includes a plan to implem5t a ,,homes rebate program1 includ+ a plan-- 7#a7 to use proc$ures1 z approv$ by ! ,secret>y1 = det]m9+ ! r$uctions 9 home en]gy use result+ f ! implem5tation ( a home en]gy effici5cy retr(it t are calibrat$ to hi/orical en]gy usage = a home consi/5t ) ,,bpi #bdjj1 = purposes ( model$ p]=mance home rebates2 7#b7 to use op5-s\rce advanc$ measurem5t & v]ification s(tw>e1 z approv$ by ! ,secret>y1 = det]m9+ & docum5t+ ! mon?ly & h\rly 7if available7 wea!r-normaliz$ en]gy use ( a home be=e & aft] ! implem5tation ( a home en]gy effici5cy retr(it1 = purposes ( measur$ p]=mance home rebates2 7#c7 to value sav+s bas$ on "t1 location1 or gre5h\se gas emissions2 7#d7 = quality monitor+ to ensure t ea* home en]gy effici5cy retr(it = :i* a rebate is provid$ is docum5t$ 9 a c]tificate t-- 7,a7 is provid$ by ! contractor & c]tifi$ by a ?ird p>ty to ! home[n]2 & 7,b7 details ! "w p]=m$1 ! equipm5t & mat]ials in/all$1 & ! project$ en]gy sav+s or en]gy g5]ation to support accurate valuation ( ! retr(it2 7#e7 to provide a contractor p]=m+ a home en]gy effici5cy retr(it or an aggregator :o has ! "r to claim a rebate #bjj = ea* home locat$ 9 a disadvantag$ community t receives a home en]gy effici5cy retr(it = :i* a rebate is provid$ "u ! program2 & 7#f7 to ensure t a home[n] or aggregator does n receive a rebate = ! same upgrade ?r\gh bo? a ,,homes rebate program & any o!r ,f$]al grant or rebate program1 pursuant to subsection 7c77#g74 7c7 ,,homes rebate program 7#a7 ,9 g5]al ,a ,,homes rebate program c>ri$ out by a ,/ate en]gy (fice receiv+ a grant pursuant to ?is section %all provide rebates to home[n]s & aggregators = :ole-h\se en]gy sav+ retr(its begun on or aft] ! date ( enactm5t ( ?is ,act & complet$ by n lat] ?an ,septemb] #cj1 #bjca4 7#b7 ,am\nt ( rebate ,subject to p>agraph 7#c71 "u a ,,homes rebate program1 ! am\nt ( a rebate %all n exce$-- 7,a7 = individuals & aggregators c>ry+ out en]gy effici5cy upgrades ( s+le-family homes-- 7i7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #bj p]c5t b less ?an #ce p]c5t1 ! less] (-- 7,i7 #b1jjj2 & 7,,ii7 #ej p]c5t ( ! project co/2 7ii7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #ce p]c5t1 ! less] (-- 7,i7 #d1jjj2 & 7,,ii7 #ej p]c5t ( ! project co/2 & 7iii7 = measur$ en]gy sav+s1 9 ! case ( a home or portfolio ( homes t a*ieves en]gy sav+s ( n less ?an #ae p]c5t-- 7,i7 a paym5t rate p] kil[att h\r sav$1 or kil[att h\r-equival5t sav$1 equal to #b1jjj = a #bj p]c5t r$uction ( en]gy use = ! av]age home 9 ! ,/ate2 or 7,,ii7 #ej p]c5t ( ! project co/2 7,b7 = multifamily build+ own]s & aggregators c>ry+ out en]gy effici5cy upgrades ( multifamily build+s-- 7i7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #bj p]c5t b less ?an #ce p]c5t1 #b1jjj p] dwell+ unit1 ) a maximum ( #bjj1jjj p] multifamily build+2 7ii7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #ce p]c5t1 #d1jjj p] dwell+ unit1 ) a maximum ( #djj1jjj p] multifamily build+2 or 7iii7 = measur$ en]gy sav+s1 9 ! case ( a multifamily build+ or portfolio ( multifamily build+s t a*ieves en]gy sav+s ( n less ?an #ae p]c5t-- 7,i7 a paym5t rate p] kil[att h\r sav$1 or kil[att h\r-equival5t sav$1 equal to #b1jjj = a #bj p]c5t r$uction ( en]gy use p] dwell+ unit = ! av]age multifamily build+ 9 ! ,/ate2 or 7,,ii7 #ej p]c5t ( ! project co/2 & 7,c7 = individuals & aggregators c>ry+ out en]gy effici5cy upgrades ( a s+le-family home occupi$ by a l[- or mod]ate-income h\sehold or a multifamily build+ n less ?an #ej p]c5t ( ! dwell+ units ( :i* are occupi$ by l[- or mod]ate-income h\seholds-- 7i7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #bj p]c5t b less ?an #ce p]c5t1 ! less] (-- 7,i7 #d1jjj p] s+le-family home or dwell+ unit2 & 7,,ii7 #hj p]c5t ( ! project co/2 7ii7 9 ! case ( a retr(it t a*ieves model$ en]gy sy/em sav+s ( n less ?an #ce p]c5t1 ! less] (-- 7,i7 #h1jjj p] s+le-family home or dwell+ unit2 & 7,,ii7 #hj p]c5t ( ! project co/2 & 7iii7 = measur$ en]gy sav+s1 9 ! case ( a s+le-family home1 multifamily build+1 or portfolio ( s+le-family homes or multifamily build+s t a*ieves en]gy sav+s ( n less ?an #ae p]c5t-- 7,i7 a paym5t rate p] kil[att h\r sav$1 or kil[att h\r-equival5t sav$1 equal to #d1jjj = a #bj p]c5t r$uction ( en]gy use p] s+le-family home or dwell+ unit1 z applicable1 = ! av]age s+le-family home or multifamily build+ 9 ! ,/ate2 or 7,,ii7 #hj p]c5t ( ! project co/4 7#c7 ,rebates to l[- or mod]ate-income h\seholds ,on approval f ! ,secret>y1 not)/&+ p>agraph 7#b71 a ,/ate en]gy (fice c>ry+ out a ,,homes rebate program us+ a grant aw>d$ pursuant to ?is section may increase rebate am\nts = l[- or mod]ate-income h\seholds4 7#d7 ,use ( funds ,a ,/ate en]gy (fice t receives a grant pursuant to ?is section may use n m ?an #bj p]c5t ( ! grant am\nt = plann+1 adm9i/ration1 or te*nical assi/ance relat$ to a ,,homes rebate program4 7#e7 ,data access guidel9es ,! ,secret>y %all develop & publi% guidel9es = ,/ates relat+ to resid5tial electric & natural gas en]gy data %>+4 7#f7 ,exemption ,activities c>ri$ out by a ,/ate en]gy (fice us+ a grant aw>d$ pursuant to ?is section %all n be subject to ! exp5diture prohibitions & limitations describ$ 9 section #dbj4ah ( title #aj1 ,code ( ,f$]al ,regulations4 7#g7 ,prohibition on comb9+ rebates ,a rebate provid$ by a ,/ate en]gy (fice "u a ,,homes rebate program may n be comb9$ ) any o!r ,f$]al grant or rebate1 includ+ a rebate provid$ "u a high-effici5cy electric home rebate program 7z def9$ 9 section #ejabb7;d771 = ! same s+le upgrade4 7d7 ,def9itions ,9 ?is section3 7#a7 ,disadvantag$ community ,! t]m disadvantag$ community means a community t ! ,secret>y det]m9es1 bas$ on appropriate data1 indices1 & scre5+ tools1 is economically1 socially1 or environm5tally disadvantag$4 7#b7 ,,homes rebate program ,! t]m ,,homes rebate program means a ,home ,own] ,manag+ ,en]gy ,sav+s rebate program e/abli%$ by a ,/ate en]gy (fice z "p ( an approv$ ,/ate en]gy cons]vation plan "u ! ,/ate ,en]gy ,program4 7#c7 ,l[- or mod]ate-income h\sehold ,! t]m l[- or mod]ate-income h\sehold means an individual or family ! total annual income ( :i* is less ?an #hj p]c5t ( ! m$ian income ( ! area 9 :i* ! individual or family resides1 z report$ by ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 includ+ an individual or family t has demon/rat$ eligibility = ano!r ,f$]al program ) income re/rictions equal to or bel[ #hj p]c5t ( area m$ian income4 #ejabb4 ,high-effici5cy electric home rebate program 7a7 ,appropriations 7#a7 ,funds to /ate en]gy (fices & indian tribes ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to c>ry out a program-- 7,a7 to aw>d grants to ,/ate en]gy (fices to develop & implem5t a high-effici5cy electric home rebate program 9 accordance ) subsection 7c71 #d1bge1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca2 & 7,b7 to aw>d grants to ,indian ,tribes to develop & implem5t a high-effici5cy electric home rebate program 9 accordance ) subsection 7c71 #bbe1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca4 7#b7 ,allocation ( funds 7,a7 ,/ate en]gy (fices ,! ,secret>y %all res]ve funds made available "u p>agraph 7#a77;,a7 = ea* ,/ate en]gy (fice-- 7i7 9 accordance ) ! allocation =mula = ! ,/ate ,en]gy ,program 9 effect on ,janu>y #a1 #bjbb2 & 7ii7 to be di/ribut$ to a ,/ate en]gy (fice if ! application ( ! ,/ate en]gy (fice "u subsection 7b7 is approv$4 7,b7 ,indian tribes ,! ,secret>y %all res]ve funds made available "u p>agraph 7#a77;,b7-- 7i7 9 a mann] det]m9$ appropriate by ! ,secret>y2 & 7ii7 to be di/ribut$ to an ,indian ,tribe if ! application ( ! ,indian ,tribe "u subsection 7b7 is approv$4 7,c7 ,additional funds ,n e>li] ?an #b ye>s aft] ! date ( enactm5t ( ?is ,act1 any money res]v$ "u-- 7i7 subp>agraph 7,a7 b n di/ribut$ "u clause 7ii7 ( t subp>agraph %all be r$i/ribut$ to ! ,/ate en]gy (fices op]at+ a high-effici5cy electric home rebate program 9 proportion to ! am\nt di/ribut$ to ^? ,/ate en]gy (fices "u t clause2 & 7ii7 subp>agraph 7,b7 b n di/ribut$ "u clause 7ii7 ( t subp>agraph %all be r$i/ribut$ to ! ,indian ,tribes op]at+ a high-effici5cy electric home rebate program 9 proportion to ! am\nt di/ribut$ to ^? ,indian ,tribes "u t clause4 7#c7 ,adm9i/rative exp5ses ,( ! funds made available "u p>agraph 7#a71 ! ,secret>y %all use n m ?an #c p]c5t =-- 7,a7 adm9i/rative purposes2 & 7,b7 provid+ te*nical assi/ance relat+ to activities c>ri$ out "u ?is section4 7b7 ,application ,a ,/ate en]gy (fice or ,indian ,tribe seek+ a grant "u ! program %all submit to ! ,secret>y an application t includes a plan to implem5t a high-effici5cy electric home rebate program1 includ+-- 7#a7 a plan to v]ify ! income eligibility ( eligible entities seek+ a rebate = a qualifi$ electrification project2 7#b7 a plan to all[ rebates = qualifi$ electrification projects at ! po9t ( sale 9 a mann] t ensures t ! income eligibility ( an eligible entity seek+ a rebate may be v]ifi$ at ! po9t ( sale2 7#c7 a plan to ensure t an eligible entity does n receive a rebate = ! same qualifi$ electrification project ?r\gh bo? a high-effici5cy electric home rebate program & any o!r ,f$]al grant or rebate program1 pursuant to subsection 7c77#h72 & 7#d7 any additional in=mation t ! ,secret>y may require4 7c7 ,high-effici5cy electric home rebate program 7#a7 ,9 g5]al ,"u ! program1 ! ,secret>y %all aw>d grants to ,/ate en]gy (fices & ,indian ,tribes to e/abli% a high-effici5cy electric home rebate program "u :i* rebates %all be provid$ to eligible entities = qualifi$ electrification projects4 7#b7 ,guidel9es ,! ,secret>y %all prescribe guidel9es = high-effici5cy electric home rebate programs1 includ+ guidel9es = provid+ po9t ( sale rebates 9 a mann] consi/5t ) ! income eligibility requirem5ts "u ?is section4 7#c7 ,am\nt ( rebate 7,a7 ,appliance upgrades ,! am\nt ( a rebate provid$ "u a high-effici5cy electric home rebate program = ! pur*ase ( an appliance "u a qualifi$ electrification project %all be-- 7i7 n m ?an #a1gej = a heat pump wat] heat]2 7ii7 n m ?an #h1jjj = a heat pump = space heat+ or cool+2 & 7iii7 n m ?an #hdj =-- 7,i7 an electric /ove1 cooktop1 range1 or ov52 or 7,,ii7 an electric heat pump clo!s dry]4 7,b7 ,nonappliance upgrades ,! am\nt ( a rebate provid$ "u a high-effici5cy electric home rebate program = ! pur*ase ( a nonappliance upgrade "u a qualifi$ electrification project %all be-- 7i7 n m ?an #d1jjj = an electric load s]vice c5t] upgrade2 7ii7 n m ?an #a1fjj = insulation1 air seal+1 & v5tilation2 & 7iii7 n m ?an #b1ejj = electric wir+4 7,c7 ,maximum rebate ,an eligible entity receiv+ multiple rebates "u ?is section may receive n m ?an a total ( #ad1jjj 9 rebates4 7#d7 ,limitations ,a rebate provid$ us+ fund+ "u ?is section %all n exce$-- 7,a7 9 ! case ( an eligible entity describ$ 9 subsection 7d77#a77;,a7-- 7i7 #ej p]c5t ( ! co/ ( ! qualifi$ electrification project = a h\sehold ! annual income ( :i* is n less ?an #hj p]c5t & n great] ?an #aej p]c5t ( ! area m$ian income2 & 7ii7 #ajj p]c5t ( ! co/ ( ! qualifi$ electrification project = a h\sehold ! annual income ( :i* is less ?an #hj p]c5t ( ! area m$ian income2 7,b7 9 ! case ( an eligible entity describ$ 9 subsection 7d77#a77;,b7-- 7i7 #ej p]c5t ( ! co/ ( ! qualifi$ electrification project = a multifamily build+ n less ?an #ej p]c5t ( ! resid5ts ( :i* are h\seholds ! annual income ( :i* is n less ?an #hj p]c5t & n great] ?an #aej p]c5t ( ! area m$ian income2 & 7ii7 #ajj p]c5t ( ! co/ ( ! qualifi$ electrification project = a multifamily build+ n less ?an #ej p]c5t ( ! resid5ts ( :i* are h\seholds ! annual income ( :i* is less ?an #hj p]c5t ( ! area m$ian income2 or 7,c7 9 ! case ( an eligible entity describ$ 9 subsection 7d77#a77;,c7-- 7i7 #ej p]c5t ( ! co/ ( ! qualifi$ electrification project = a h\sehold-- 7,i7 on behalf ( :i* ! eligible entity is work+2 & 7,,ii7 ! annual income ( :i* is n less ?an #hj p]c5t & n great] ?an #aej p]c5t ( ! area m$ian income2 & 7ii7 #ajj p]c5t ( ! co/ ( ! qualifi$ electrification project = a h\sehold-- 7,i7 on behalf ( :i* ! eligible entity is work+2 & 7,,ii7 ! annual income ( :i* is less ?an #hj p]c5t ( ! area m$ian income4 7#e7 ,am\nt = in/allation ( upgrades 7,a7 ,9 g5]al ,9 ! case ( an eligible entity describ$ 9 subsection 7d77#a77;,c7 t receives a rebate "u ! program & p]=ms ! in/allation ( ! applicable qualifi$ electrification project1 a ,/ate en]gy (fice or ,indian ,tribe %all provide to t eligible entity1 9 addition to ! rebate1 an am\nt t-- 7i7 does n exce$ #ejj2 & 7ii7 is comm5surate ) ! scale ( ! upgrades in/all$ z "p ( ! qualifi$ electrification project1 z det]m9$ by ! ,secret>y4 7,b7 ,treatm5t ,an am\nt receiv$ "u subp>agraph 7,a7 by an eligible entity describ$ 9 t subp>agraph %all n be subject to ! requirem5t "u p>agraph 7#f74 7#f7 ,requirem5t ,an eligible entity describ$ 9 subp>agraph 7,c7 ( subsection 7d77#a7 %all disc\nt ! am\nt ( a rebate receiv$ = a qualifi$ electrification project f any am\nt *>g$ by t eligible entity to ! eligible entity describ$ 9 subp>agraph 7,a7 or 7,b7 ( t subsection on behalf ( :i* ! qualifi$ electrification project is c>ri$ out4 7#g7 ,exemption ,activities c>ri$ out by a ,/ate en]gy (fice us+ a grant provid$ "u ! program %all n be subject to ! exp5diture prohibitions & limitations describ$ 9 section #dbj4ah ( title #aj1 ,code ( ,f$]al ,regulations4 7#h7 ,prohibition on comb9+ rebates ,a rebate provid$ by a ,/ate en]gy (fice or ,indian ,tribe "u a high-effici5cy electric home rebate program may n be comb9$ ) any o!r ,f$]al grant or rebate1 includ+ a rebate provid$ "u a ,,homes rebate program 7z def9$ 9 section #ejaba7;d771 = ! same qualifi$ electrification project4 7#i7 ,adm9i/rative co/s ,a ,/ate en]gy (fice or ,indian ,tribe t receives a grant "u ! program %all use n m ?an #bj p]c5t ( ! grant am\nt = plann+1 adm9i/ration1 or te*nical assi/ance relat+ to a high-effici5cy electric home rebate program4 7d7 ,def9itions ,9 ?is section3 7#a7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a l[- or mod]ate-income h\sehold2 7,b7 an individual or entity t owns a multifamily build+ n less ?an #ej p]c5t ( ! resid5ts ( :i* are l[- or mod]ate-income h\seholds2 & 7,c7 a gov]nm5tal1 comm]cial1 or nonpr(it entity1 z det]m9$ by ! ,secret>y1 c>ry+ out a qualifi$ electrification project on behalf ( an entity describ$ 9 subp>agraph 7,a7 or 7,b74 7#b7 ,high-effici5cy electric home rebate program ,! t]m high-effici5cy electric home rebate program means a rebate program c>ri$ out by a ,/ate en]gy (fice or ,indian ,tribe pursuant to subsection 7c7 us+ a grant receiv$ "u ! program4 7#c7 ,indian ,tribe ,! t]m ,indian ,tribe has ! mean+ giv5 ! t]m 9 section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd74 7#d7 ,l[- or mod]ate-income h\sehold ,! t]m l[- or mod]ate-income h\sehold means an individual or family ! total annual income ( :i* is less ?an #aej p]c5t ( ! m$ian income ( ! area 9 :i* ! individual or family resides1 z report$ by ! ,dep>tm5t ( ,h\s+ & ,urban ,developm5t1 includ+ an individual or family t has demon/rat$ eligibility = ano!r ,f$]al program ) income re/rictions equal to or bel[ #aej p]c5t ( area m$ian income4 7#e7 ,program ,! t]m program means ! program c>ri$ out by ! ,secret>y "u subsection 7a77#a74 7#f7 ,qualifi$ electrification project 7,a7 ,9 g5]al ,! t]m qualifi$ electrification project means a project t-- 7i7 includes ! pur*ase & in/allation (-- 7,i7 an electric heat pump wat] heat]2 7,,ii7 an electric heat pump = space heat+ & cool+2 7,,iii7 an electric /ove1 cooktop1 range1 or ov52 7,,iv7 an electric heat pump clo!s dry]2 7,v7 an electric load s]vice c5t]2 7,,vi7 insulation2 7,,vii7 air seal+ & mat]ials to improve v5tilation2 or 7,,viii7 electric wir+2 7ii7 ) respect to any appliance describ$ 9 clause 7i71 ! pur*ase ( :i* is c>ri$ out-- 7,i7 z "p ( new con/ruction2 7,,ii7 to replace a nonelectric appliance2 or 7,,iii7 z a fir/-"t pur*ase ) respect to t appliance2 & 7iii7 is c>ri$ out at1 or relat+ to1 a s+le-family home or multifamily build+1 z applicable & def9$ by ! ,secret>y4 7,b7 ,exclusions ,! t]m qualifi$ electrification project does n include any project ) respect to :i* ! appliance1 sy/em1 equipm5t1 infra/ructure1 compon5t1 or o!r item describ$ 9 subclauses 7,i7 ?r\gh 7,,viii7 ( subp>agraph 7,a77i7 is n c]tifi$ "u ! ,en]gy ,/> program e/abli%$ by section #cbd;,a ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fbid;a71 if applicable4 #ejabc4 ,/ate-bas$ home en]gy effici5cy contractor tra9+ grants 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to c>ry out a program to provide f9ancial assi/ance to ,/ates to develop & implem5t a ,/ate program describ$ 9 section #cfb7;d77#ac7 ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcbb7;d77#ac771 :i* %all provide tra9+ & education to contractors involv$ 9 ! in/allation ( home en]gy effici5cy & electrification improvem5ts1 includ+ improvem5ts eligible = rebates "u a ,,homes rebate program 7z def9$ 9 section #ejaba7;d77 or a high-effici5cy electric home rebate program 7z def9$ 9 section #ejabb7;d771 z "p ( an approv$ ,/ate en]gy cons]vation plan "u ! ,/ate ,en]gy ,program4 7b7 ,use ( funds ,a ,/ate may use am\nts receiv$ "u subsection 7a7-- 7#a7 to r$uce ! co/ ( tra9+ contractor employees2 7#b7 to provide te/+ & c]tification ( contractors tra9$ & educat$ "u a ,/ate program develop$ & implem5t$ pursuant to subsection 7a72 & 7#c7 to p>tn] ) nonpr(it organizations to develop & implem5t a ,/ate program pursuant to subsection 7a74 7c7 ,adm9i/rative exp5ses ,( ! am\nts receiv$ by a ,/ate "u subsection 7a71 a ,/ate %all use n m ?an #aj p]c5t = adm9i/rative exp5ses associat$ ) develop+ & implem5t+ a ,/ate program pursuant to t subsection4 #c ,build+ effici5cy & resili5ce #ejaca4 ,assi/ance = late/ & z]o build+ en]gy code adoption 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$-- 7#a7 #ccj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbi1 to c>ry out activities "u "p ,d ( title ,,iii ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcba ?r\gh #fcbf7 9 accordance ) subsection 7b72 & 7#b7 #fgj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbi1 to c>ry out activities "u "p ,d ( title ,,iii ( ! ,en]gy ,policy & ,cons]vation ,act 7#db ,u4,s4,c4 #fcba ?r\gh #fcbf7 9 accordance ) subsection 7c74 7b7 ,late/ build+ en]gy code ,! ,secret>y %all use funds made available "u subsection 7a77#a7 = grants to assi/ ,/ates1 & units ( local gov]nm5t t h au?ority to adopt build+ codes-- 7#a7 to adopt-- 7,a7 a build+ en]gy code 7or codes7 = resid5tial build+s t meets or exce$s ! #bjba ,int]national ,en]gy ,cons]vation ,code1 or a*ieves equival5t or great] en]gy sav+s2 7,b7 a build+ en]gy code 7or codes7 = comm]cial build+s t meets or exce$s ! ,,ansi_/,,a%rae_/,,ies ,/&>d #ij4a-bjai1 or a*ieves equival5t or great] en]gy sav+s2 or 7,c7 any comb9ation ( build+ en]gy codes describ$ 9 subp>agraph 7,a7 or 7,b72 & 7#b7 to implem5t a plan = ! jurisdiction to a*ieve full compliance ) any build+ en]gy code adopt$ "u p>agraph 7#a7 9 new & r5ovat$ resid5tial or comm]cial build+s1 z applicable1 :i* plan %all include active tra9+ & en=cem5t programs & measurem5t ( ! rate ( compliance ea* ye>4 7c7 ,z]o en]gy code ,! ,secret>y %all use funds made available "u subsection 7a77#b7 = grants to assi/ ,/ates1 & units ( local gov]nm5t t h au?ority to adopt build+ codes-- 7#a7 to adopt a build+ en]gy code 7or codes7 = resid5tial & comm]cial build+s t meets or exce$s ! z]o en]gy provisions 9 ! #bjba ,int]national ,en]gy ,cons]vation ,code or an equival5t /ret* code2 & 7#b7 to implem5t a plan = ! jurisdiction to a*ieve full compliance ) any build+ en]gy code adopt$ "u p>agraph 7#a7 9 new & r5ovat$ resid5tial & comm]cial build+s1 :i* plan %all include active tra9+ & en=cem5t programs & measurem5t ( ! rate ( compliance ea* ye>4 7d7 ,/ate mat* ,! ,/ate co/ %>e requirem5t "u ! item relat+ to ,dep>tm5t ( ,en]gy--,en]gy ,cons]vation 9 title ,,ii ( ! ,dep>tm5t ( ! ,int]ior & ,relat$ ,ag5cies ,appropriations ,act1 #aihe 7#db ,u4,s4,c4 #fcbc;a2 #ih ,/at4 #ahfa71 %all n apply to assi/ance provid$ "u ?is section4 7e7 ,adm9i/rative co/s ,( ! am\nts made available "u ?is section1 ! ,secret>y %all res]ve n m ?an #e p]c5t = adm9i/rative co/s necess>y to c>ry out ?is section4 #d ,,doe loan & grant programs #ejada4 ,fund+ = dep>tm5t ( en]gy loan programs (fice 7a7 ,commitm5t au?ority ,9 addition to commitm5t au?ority o!rwise available & previ\sly provid$1 ! ,secret>y may make commitm5ts to gu>antee loans = eligible projects "u section #agjc ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeac71 up to a total pr9cipal am\nt ( #dj1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf4 7b7 ,appropriation ,9 addition to am\nts o!rwise available & previ\sly provid$1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1fjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 = ! co/s ( gu>antees made "u section #agjc ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeac71 us+ ! loan gu>antee au?ority provid$ "u subsection 7a7 ( ?is section4 7c7 ,adm9i/rative exp5ses ,( ! am\nt made available "u subsection 7b71 ! ,secret>y %all res]ve n m ?an #c p]c5t = adm9i/rative exp5ses to c>ry out title ,,xvii ( ! ,en]gy ,policy ,act ( #bjje & = c>ry+ out section #agjb7;h77#c7 ( su* ,act 7#db ,u4,s4,c4 #afeab7;h77#c774 7d7 ,limitations 7#a7 ,c]tification ,none ( ! am\nts made available "u ?is section = loan gu>antees %all be available = any project unless ! ,presid5t has c]tifi$ 9 advance 9 writ+ t ! loan gu>antee & ! project comply ) ! provisions "u ?is section4 7#b7 ,d5ial ( d\ble b5efit ,except z provid$ 9 p>agraph 7#c71 none ( ! am\nts made available "u ?is section = loan gu>antees %all be available = commitm5ts to gu>antee loans = any projects "u :i* funds1 p]sonnel1 or prop]ty 7tangible or intangible7 ( any ,f$]al ag5cy1 in/rum5tality1 p]sonnel1 or affiliat$ entity are expect$ to be us$ 7directly or indirectly7 ?r\gh acquisitions1 contracts1 demon/rations1 ex*anges1 grants1 inc5tives1 leases1 procurem5ts1 sales1 o!r transaction au?ority1 or o!r arrangem5ts to support ! project or to obta9 goods or s]vices f ! project4 7#c7 ,exception ,p>agraph 7#b7 %all n preclude ! use ( ! loan gu>antee au?ority provid$ "u ?is section = commitm5ts to gu>antee loans =-- 7,a7 projects b5efitt+ f o!rwise all[able ,f$]al tax b5efits2 7,b7 projects b5efitt+ f be+ locat$ on ,f$]al l& pursuant to a lease or "r-(-way agreem5t = :i* all consid]ation = all uses is-- 7i7 paid exclusively 9 ca%2 7ii7 deposit$ 9 ! ,treasury z (fsett+ receipts2 & 7iii7 equal to ! fair m>ket value2 7,c7 projects b5efitt+ f ! ,f$]al insurance program "u section #agj ( ! ,atomic ,en]gy ,act ( #aied 7#db ,u4,s4,c4 #bbaj72 or 7,d7 electric g5]ation projects us+ transmission facilities own$ or op]at$ by a ,f$]al ,p[] ,m>ket+ ,adm9i/ration or ! ,t5nessee ,valley ,au?ority t h be5 au?oriz$1 approv$1 & f9anc$ indep5d5t ( ! project receiv+ ! gu>antee4 7e7 ,gu>antee ,section #agja7d77;,a7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeaa7d77;,a77 is am5d$ by ins]t+ 1 except t a loan gu>antee may gu>antee any debt obligation ( a non-,f$]al borr[] to any ,eligible ,l5d] 7z def9$ 9 section #fji4b ( title #aj1 ,code ( ,f$]al ,regulations7 be=e ! p]iod at ! end4 7f7 ,s\rce ( paym5ts ,section #agjb7;b7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeab7;b77#b77 is am5d$ by add+ at ! end ! foll[+3 7#c7 ,s\rce ( paym5ts ,! s\rce ( a paym5t receiv$ f a borr[] "u subp>agraph 7,a7 or 7,b7 ( p>agraph 7#b7 may n be a loan or o!r debt obligation t is made or gu>ante$ by ! ,f$]al ,gov]nm5t4 4 #ejadb4 ,advanc$ te*nology vehicle manufactur+ 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbh1 = ! co/s ( provid+ direct loans "u section #acf7;d7 ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agjac7;d773 ,provid$1 ,t funds appropriat$ by ?is section may be us$ = ! co/s ( provid+ direct loans = reequipp+1 exp&+1 or e/abli%+ a manufactur+ facility 9 ! ,unit$ ,/ates to produce1 or = eng9e]+ integration p]=m$ 9 ! ,unit$ ,/ates (1 advanc$ te*nology vehicles describ$ 9 subp>agraph 7,c71 7,d71 7,e71 or 7,f7 ( section #acf7;a77#a7 ( su* ,act 7#db ,u4,s4,c4 #agjac7;a77#a77 only if su* advanc$ te*nology vehicles emit1 "u any possible op]ational mode or condition1 l[ or z]o exhau/ emissions ( gre5h\se gases4 7b7 ,adm9i/rative co/s ,! ,secret>y %all res]ve n m ?an #be1jjj1jjj ( am\nts made available "u subsection 7a7 = adm9i/rative co/s ( provid+ loans z describ$ 9 subsection 7a74 7c7 ,elim9ation ( loan program cap ,section #acf7;d77#a7 ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agjac7;d77#a77 is am5d$ by /rik+ a total ( n m ?an #be1jjj1jjj1jjj 94 #ejadc4 ,dome/ic manufactur+ conv]sion grants 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to provide grants = dome/ic production ( effici5t hybrid1 plug-9 electric hybrid1 plug-9 electric drive1 & hydrog5 fuel cell electric vehicles1 9 accordance ) section #gab ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afjfb74 7b7 ,co/ %>e ,! ,secret>y %all require a recipi5t ( a grant provid$ "u subsection 7a7 to provide n less ?an #ej p]c5t ( ! co/ ( ! project c>ri$ out us+ ! grant4 7c7 ,adm9i/rative co/s ,! ,secret>y %all res]ve n m ?an #c p]c5t ( am\nts made available "u subsection 7a7 = adm9i/rative co/s ( mak+ grants describ$ 9 su* subsection 7a7 pursuant to section #gab ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afjfb74 #ejadd4 ,en]gy infra/ructure re9ve/m5t f9anc+ 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 to c>ry out activities "u section #agjf ( ! ,en]gy ,policy ,act ( #bjje4 7b7 ,commitm5t au?ority ,! ,secret>y may make1 ?r\gh ,septemb] #cj1 #bjbf1 commitm5ts to gu>antee loans = projects "u section #agjf ( ! ,en]gy ,policy ,act ( #bjje ! total pr9cipal am\nt ( :i* is n great] ?an #bej1jjj1jjj1jjj1 subject to ! limitations t apply to loan gu>antees "u section #ejada7;d74 7c7 ,en]gy infra/ructure re9ve/m5t f9anc+ ,title ,,xvii ( ! ,en]gy ,policy ,act ( #bjje is am5d$ by ins]t+ aft] section #agje 7#db ,u4,s4,c4 #afeaf7 ! foll[+3 #agjf4 ,en]gy infra/ructure re9ve/m5t f9anc+ 7a7 ,9 g5]al ,not)/&+ section #agjc1 ! ,secret>y may make gu>antees1 includ+ ref9anc+1 "u ?is section only = projects t-- 7#a7 retool1 rep[]1 repurpose1 or replace en]gy infra/ructure t has ceas$ op]ations2 or 7#b7 enable op]at+ en]gy infra/ructure to avoid1 r$uce1 utilize1 or seque/] air pollutants or an?ropog5ic emissions ( gre5h\se gases4 7b7 ,inclusion ,a project "u subsection 7a7 may include ! rem$iation ( environm5tal damage associat$ ) en]gy infra/ructure4 7c7 ,requirem5t ,a project "u subsection 7a77#a7 t involves electricity g5]ation ?r\gh ! use ( fossil fuels %all be requir$ to h controls or te*nologies to avoid1 r$uce1 utilize1 or seque/] air pollutants & an?ropog5ic emissions ( gre5h\se gases4 7d7 ,application ,to apply = a gu>antee "u ?is section1 an applicant %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require1 includ+-- 7#a7 a detail$ plan describ+ ! propos$ project2 7#b7 an analysis ( h[ ! propos$ project w engage ) & affect associat$ communities2 & 7#c7 9 ! case ( an applicant t is an electric utility1 an assurance t ! electric utility %all pass on any f9ancial b5efit f ! gu>antee made "u ?is section to ! cu/om]s (1 or associat$ communities s]v$ by1 ! electric utility4 7e7 ,t]m ,not)/&+ section #agjb7;f71 ! t]m ( an obligation %all require full repaym5t ov] a p]iod n to exce$ #cj ye>s4 7f7 ,def9ition ( en]gy infra/ructure ,9 ?is section1 ! t]m en]gy infra/ructure means a facility1 & associat$ equipm5t1 us$ =-- 7#a7 ! g5]ation or transmission ( electric en]gy2 or 7#b7 ! production1 process+1 & deliv]y ( fossil fuels1 fuels d]iv$ f petroleum1 or petro*emical fe$/ocks4 4 7d7 ,con=m+ am5dm5t ,section #agjb7o77#c7 ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afeab7o77#c77 is am5d$ by ins]t+ & projects describ$ 9 section #agjf7;a7 be=e ! p]iod at ! end4 #ejade4 ,tribal en]gy loan gu>antee program 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ge1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbh1 to c>ry out section #bfjb7;c7 ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #cejb7;c771 subject to ! limitations t apply to loan gu>antees "u section #ejada7;d74 7b7 ,dep>tm5t ( ,en]gy ,tribal en]gy loan gu>antee program ,section #bfjb7;c7 ( ! ,en]gy ,policy ,act ( #aiib 7#be ,u4,s4,c4 #cejb7;c77 is am5d$-- 7#a7 9 p>agraph 7#a71 by /rik+ 7 = an am\nt equal to n m ?an #ij p]c5t ( & ins]t+ 1 except t a loan gu>antee may gu>antee any debt obligation ( a non-,f$]al borr[] to any ,eligible ,l5d] 7z def9$ 9 section #fji4b ( title #aj1 ,code ( ,f$]al ,regulations77 =2 & 7#b7 9 p>agraph 7#d71 by /rik+ #b1jjj1jjj1jjj & ins]t+ #bj1jjj1jjj1jjj4 #e ,electric transmission #ejaea4 ,transmission facility f9anc+ 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjcj1 to c>ry out ?is section3 ,provid$1 ,t ! ,secret>y %all n ent] into any loan agreem5t pursuant to ?is section t c\ld result 9 disbursem5ts aft] ,septemb] #cj1 #bjca4 7b7 ,use ( funds ,! ,secret>y %all use ! am\nts made available by subsection 7a7 to c>ry out a program to pay ! co/s ( direct loans to non-,f$]al borr[]s1 subject to ! limitations t apply to loan gu>antees "u section #ejada7;d7 & "u su* t]ms & conditions z ! ,secret>y det]m9es to be appropriate1 = ! con/ruction or modification ( electric transmission facilities designat$ by ! ,secret>y to be necess>y 9 ! national int]e/ "u section #baf7;a7 ( ! ,f$]al ,p[] ,act 7#af ,u4,s4,c4 #hbdp7a774 7c7 ,loans ,a direct loan provid$ "u ?is section-- 7#a7 %all h a t]m t does n exce$ ! less] (-- 7,a7 #ij p]c5t ( ! project$ useful life1 9 ye>s1 ( ! eligible transmission facility2 & 7,b7 #cj ye>s2 7#b7 %all n exce$ #hj p]c5t ( ! project co/s2 & 7#c7 %all1 on fir/ issuance1 be subject to ! condition t ! direct loan is n subord9ate to o!r f9anc+4 7d7 ,int]e/ rates ,a direct loan provid$ "u ?is section %all be> int]e/ at a rate det]m9$ by ! ,secret>y1 tak+ into consid]ation m>ket yields on out/&+ m>ketable obligations ( ! ,unit$ ,/ates ( comp>able maturities z ( ! date on :i* ! direct loan is made4 7e7 ,def9ition ( direct loan ,9 ?is section1 ! t]m direct loan has ! mean+ giv5 ! t]m 9 section #ejb ( ! ,f$]al ,cr$it ,re=m ,act ( #aiij 7#b ,u4,s4,c4 #ffa;a74 #ejaeb4 ,grants to facilitate ! sit+ ( int]/ate electricity transmission l9es 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #gfj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbi1 = mak+ grants 9 accordance ) ?is section & = adm9i/rative exp5ses associat$ ) c>ry+ out ?is section4 7b7 ,use ( funds 7#a7 ,9 g5]al ,! ,secret>y may make a grant "u ?is section to a sit+ au?ority =1 ) respect to a cov]$ transmission project1 any ( ! foll[+ activities3 7,a7 ,/udies & analyses ( ! impacts ( ! cov]$ transmission project4 7,b7 ,exam9ation ( up to #c alt]nate sit+ corridors )9 :i* ! cov]$ transmission project feasibly c\ld be sit$4 7,c7 ,p>ticipation by ! sit+ au?ority 9 regulatory proce$+s or negotiations 9 ano!r jurisdiction1 or "u ! auspices ( a ,transmission ,organization 7z def9$ 9 section #c ( ! ,f$]al ,p[] ,act 7#af ,u4,s4,c4 #gif77 t is also consid]+ ! sit+ or p]mitt+ ( ! cov]$ transmission project4 7,d7 ,p>ticipation by ! sit+ au?ority 9 regulatory proce$+s at ! ,f$]al ,en]gy ,regulatory ,commission or a ,/ate regulatory commission = det]m9+ applicable rates & co/ allocation = ! cov]$ transmission project4 7,e7 ,o!r measures & actions t may improve ! *ances (1 & %ort5 ! "t requir$ =1 approval by ! sit+ au?ority ( ! application relat+ to ! sit+ or p]mitt+ ( ! cov]$ transmission project1 z ! ,secret>y det]m9es appropriate4 7#b7 ,economic developm5t ,! ,secret>y may make a grant "u ?is section to a sit+ au?ority1 or o!r ,/ate1 local1 or ,tribal gov]nm5tal entity1 = economic developm5t activities = communities t may be affect$ by ! con/ruction & op]ation ( a cov]$ transmission project1 provid$ t ! ,secret>y %all n ent] into any grant agreem5t pursuant to ?is section t c\ld result 9 any outlays aft] ,septemb] #cj1 #bjca4 7c7 ,conditions 7#a7 ,f9al decision on application ,9 ord] to receive a grant = an activity describ$ 9 subsection 7b77#a71 ! ,secret>y %all require a sit+ au?ority to agree1 9 writ+1 to rea* a f9al decision on ! application relat+ to ! sit+ or p]mitt+ ( ! applicable cov]$ transmission project n lat] ?an #b ye>s aft] ! date on :i* su* grant is provid$1 unless ! ,secret>y au?orizes an ext5sion = good cause4 7#b7 ,f$]al %>e ,! ,f$]al %>e ( ! co/ ( an activity describ$ 9 subp>agraph 7,c7 or 7,d7 ( subsection 7b77#a7 %all n exce$ #ej p]c5t4 7#c7 ,economic developm5t ,! ,secret>y may only disburse grant funds = economic developm5t activities "u subsection 7b77#b7-- 7,a7 to a sit+ au?ority ^u approval by ! sit+ au?ority ( ! applicable cov]$ transmission project2 & 7,b7 to any o!r ,/ate1 local1 or ,tribal gov]nm5tal entity ^u comm5cem5t ( con/ruction ( ! applicable cov]$ transmission project 9 ! area "u ! jurisdiction ( ! entity4 7d7 ,return+ funds ,if a sit+ au?ority t receives a grant = an activity describ$ 9 subsection 7b77#a7 fails to use all grant funds )9 #b ye>s ( receipt1 ! sit+ au?ority %all return to ! ,secret>y any su* unus$ funds4 7e7 ,def9itions ,9 ?is section3 7#a7 ,cov]$ transmission project ,! t]m cov]$ transmission project means a high-voltage int]/ate or (f%ore electricity transmission l9e-- 7,a7 t is propos$ to be con/ruct$ & to op]ate-- 7i7 at a m9imum ( #bge kilovolts ( ei!r alt]nat+-curr5t or direct-curr5t electric en]gy by an entity2 or 7ii7 (f%ore & at a m9imum ( #bjj kilovolts ( ei!r alt]nat+-curr5t or direct-curr5t electric en]gy by an entity2 & 7,b7 = :i* su* entity has appli$1 or in=m$ a sit+ au?ority ( su* entity's int5t to apply1 = regulatory approval4 7#b7 ,sit+ au?ority ,! t]m sit+ au?ority means a ,/ate1 local1 or ,tribal gov]nm5tal entity ) au?ority to make a f9al det]m9ation reg>d+ ! sit+1 p]mitt+1 or regulatory /atus ( a cov]$ transmission project t is propos$ to be locat$ 9 an area "u ! jurisdiction ( ! entity4 #ejaec4 ,int]regional & (f%ore w9d electricity transmission plann+1 model+1 & analysis 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to c>ry out ?is section4 7b7 ,use ( funds ,! ,secret>y %all use am\nts made available "u subsection 7a7-- 7#a7 to pay exp5ses associat$ ) conv5+ relevant /akehold]s to address ! developm5t ( int]regional electricity transmission & transmission ( electricity t is g5]at$ by (f%ore w9d2 & 7#b7 to conduct plann+1 model+1 & analysis reg>d+ int]regional electricity transmission & transmission ( electricity t is g5]at$ by (f%ore w9d1 tak+ into acc\nt ! local1 regional1 & national economic1 reliability1 resili5ce1 security1 public policy1 & environm5tal b5efits ( int]regional electricity transmission & transmission ( electricity t is g5]at$ by (f%ore w9d1 includ+ plann+1 model+1 & analysis1 z ! ,secret>y det]m9es appropriate1 p]ta9+ to-- 7,a7 clean en]gy integration into ! electric grid1 includ+ ! id5tification ( r5ewable en]gy zones2 7,b7 ! effects ( *anges 9 wea!r due to climate *ange on ! reliability & resili5ce ( ! electric grid2 7,c7 co/ allocation me?odologies t facilitate ! expansion ( ! bulk p[] sy/em2 7,d7 ! b5efits ( coord9ation betwe5 g5]ator int]connection processes & transmission plann+ processes2 7,e7 ! effect ( increas$ electrification on ! electric grid2 7,f7 p[] fl[ model+2 7,g7 ! b5efits ( increas$ int]connections or int]ties betwe5 or among ! ,we/]n ,int]connection1 ! ,ea/]n ,int]connection1 ! ,electric ,reliability ,c\ncil ( ,texas1 & o!r int]connections1 z applicable2 7,h7 ! cooptimization ( transmission & g5]ation1 includ+ v>iable en]gy res\rces1 en]gy /orage1 & dem&-side managem5t2 7,i7 ! opportunities = use ( nontransmission alt]natives1 en]gy /orage1 & grid-enhanc+ te*nologies2 7,j7 economic developm5t opportunities = communities aris+ f developm5t ( int]regional electricity transmission & transmission ( electricity t is g5]at$ by (f%ore w9d2 7,k7 evaluation ( exi/+ rights-(-way & ! ne$ = additional transmission corridors2 & 7,l7 a plann$ national transmission grid1 :i* w\ld include a network$ transmission sy/em to optimize ! exi/+ grid = int]connection ( (f%ore w9d f>ms4 #f ,indu/rial #ejafa4 ,advanc$ indu/rial facilities deploym5t program 7a7 ,(fice ( clean en]gy demon/rations ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,(fice ( ,clean ,en]gy ,demon/rations1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1hab1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 to c>ry out ?is section4 7b7 ,f9ancial assi/ance ,! ,secret>y %all use funds appropriat$ by subsection 7a7 to provide f9ancial assi/ance1 on a competitive basis1 to eligible entities to c>ry out projects =-- 7#a7 ! pur*ase & in/allation1 or implem5tation1 ( advanc$ indu/rial te*nology at an eligible facility2 7#b7 retr(its1 upgrades to1 or op]ational improvem5ts at an eligible facility to in/all or implem5t advanc$ indu/rial te*nology2 or 7#c7 eng9e]+ /udies & o!r "w ne$$ to prep>e an eligible facility = activities describ$ 9 p>agraph 7#a7 or 7#b74 7c7 ,application ,to be eligible to receive f9ancial assi/ance "u subsection 7b71 an eligible entity %all submit to ! ,secret>y an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,secret>y may require1 includ+ ! expect$ gre5h\se gas emissions r$uctions to be a*iev$ by c>ry+ out ! project4 7d7 ,priority ,9 provid+ f9ancial assi/ance "u subsection 7b71 ! ,secret>y %all give priority consid]ation to projects on ! basis (1 z det]m9$ by ! ,secret>y-- 7#a7 ! expect$ gre5h\se gas emissions r$uctions to be a*iev$ by c>ry+ out ! project2 7#b7 ! ext5t to :i* ! project w\ld provide ! greate/ b5efit = ! greate/ numb] ( p )9 ! area 9 :i* ! eligible facility is locat$2 & 7#c7 :e!r ! eligible entity p>ticipates or w\ld p>ticipate 9 a p>tn]%ip ) pur*as]s ( ! output ( ! eligible facility4 7e7 ,co/ %>e ,! ,secret>y %all require an eligible entity to provide n less ?an #ej p]c5t ( ! co/ ( a project c>ri$ out pursuant to ?is section4 7f7 ,adm9i/rative co/s ,! ,secret>y %all res]ve n m ?an #cjj1jjj1jjj ( am\nts made available "u subsection 7a7 = adm9i/rative co/s ( c>ry+ out ?is section4 7g7 ,def9itions ,9 ?is section3 7#a7 ,advanc$ indu/rial te*nology ,! t]m advanc$ indu/rial te*nology means a te*nology directly involv$ 9 an indu/rial process1 z describ$ 9 any ( p>agraphs 7#a7 ?r\gh 7#f7 ( section #ded7;c7 ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agaac7;c771 & design$ to accel]ate gre5h\se gas emissions r$uction progress to net-z]o at an eligible facility1 z det]m9$ by ! ,secret>y4 7#b7 ,eligible entity ,! t]m eligible entity means ! own] or op]ator ( an eligible facility4 7#c7 ,eligible facility ,! t]m eligible facility means a dome/ic1 non-,f$]al1 nonp[] indu/rial or manufactur+ facility engag$ 9 en]gy-int5sive indu/rial processes1 includ+ production processes = iron1 /eel1 /eel mill products1 alum9um1 cem5t1 concrete1 glass1 pulp1 pap]1 indu/rial c]amics1 *emicals1 & o!r en]gy int5sive indu/rial processes1 z det]m9$ by ! ,secret>y4 7#d7 ,f9ancial assi/ance ,! t]m f9ancial assi/ance means a grant1 rebate1 direct loan1 or coop]ative agreem5t4 #g ,o!r en]gy matt]s #ejaga4 ,dep>tm5t ( ,en]gy ,ov]sight ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = ov]sight by ! ,dep>tm5t ( ,en]gy ,(fice ( ,inspector ,g5]al ( ! ,dep>tm5t ( ,en]gy activities = :i* fund+ is appropriat$ 9 ?is subtitle4 #ejagb4 ,national laboratory infra/ructure 7a7 ,(fice ( sci5ce ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,director ( ! ,(fice ( ,sci5ce1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available ?r\gh ,septemb] #cj1 #bjbg-- 7#a7 #acc1bdj1jjj to c>ry out activities = sci5ce laboratory infra/ructure projects2 7#b7 #cjc1fef1jjj to c>ry out activities = high en]gy physics con/ruction & major items ( equipm5t projects2 7#c7 #bhj1jjj1jjj to c>ry out activities = fusion en]gy sci5ce con/ruction & major items ( equipm5t projects2 7#d7 #bag1jjj1jjj to c>ry out activities = nucle> physics con/ruction & major items ( equipm5t projects2 7#e7 #afc1gia1jjj to c>ry out activities = advanc$ sci5tific comput+ rese>* facilities2 7#f7 #bid1ejj1jjj to c>ry out activities = basic en]gy sci5ces projects2 & 7#g7 #aeg1hac1jjj to c>ry out activities = isotope rese>* & developm5t facilities4 7b7 ,(fice ( fossil en]gy & c>bon managem5t ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbg1 to c>ry out activities = infra/ructure & g5]al plant projects c>ri$ out by ! ,(fice ( ,fossil ,en]gy & ,c>bon ,managem5t4 7c7 ,(fice ( nucle> en]gy ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbg1 to c>ry out activities = infra/ructure & g5]al plant projects c>ri$ out by ! ,(fice ( ,nucle> ,en]gy4 7d7 ,(fice ( en]gy effici5cy & r5ewable en]gy ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbg1 to c>ry out activities = infra/ructure & g5]al plant projects c>ri$ out by ! ,(fice ( ,en]gy ,effici5cy & ,r5ewable ,en]gy4 #ejagc4 ,availability ( high-assay l[-enri*$ uranium 7a7 ,appropriations ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf-- 7#a7 #ajj1jjj1jjj to c>ry out ! program elem5ts describ$ 9 subp>agraphs 7,a7 ?r\gh 7,c7 ( section #bjja7;a77#b7 ( ! ,en]gy ,act ( #bjbj 7#db ,u4,s4,c4 #afbha7;a77#b772 7#b7 #ejj1jjj1jjj to c>ry out ! program elem5ts describ$ 9 subp>agraphs 7,d7 ?r\gh 7,h7 ( t section2 & 7#c7 #ajj1jjj1jjj to c>ry out activities to support ! availability ( high-assay l[-enri*$ uranium = civilian dome/ic rese>*1 developm5t1 demon/ration1 & comm]cial use "u section #bjja ( ! ,en]gy ,act ( #bjbj 7#db ,u4,s4,c4 #afbha74 7b7 ,competitive proc$ures ,to ! maximum ext5t practicable1 ! ,dep>tm5t ( ,en]gy %all1 9 a mann] consi/5t ) section #ihi ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afcec71 use a competitive1 m]it-bas$ review process 9 c>ry+ out rese>*1 developm5t1 demon/ration1 & deploym5t activities "u section #bjja ( ! ,en]gy ,act ( #bjbj 7#db ,u4,s4,c4 #afbha74 7c7 ,adm9i/rative exp5ses ,! ,secret>y may use n m ?an #c p]c5t ( ! am\nts appropriat$ by subsection 7a7 = adm9i/rative purposes4 ,b ,natural res\rces #a ,g5]al provisions #ejbaa4 ,def9itions ,9 ?is subtitle3 7#a7 ,secret>y ,! t]m ,secret>y means ! ,secret>y ( ! ,int]ior4 7#b7 ,unit$ /ates insul> areas ,! t]m ,unit$ ,/ates ,insul> ,areas means ,am]ican ,samoa1 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s1 ,guam1 ! ,commonweal? ( ,pu]to ,rico1 & ! ,unit$ ,/ates ,virg9 ,isl&s4 #b ,public l&s #ejbba4 ,national p>ks & public l&s cons]vation & resili5ce ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to c>ry out projects = ! cons]vation1 protection1 & resili5cy ( l&s & res\rces adm9i/]$ by ! ,national ,p>k ,s]vice & ,bureau ( ,l& ,managem5t4 ,none ( ! funds provid$ "u ?is section %all be subject to co/-%>e or mat*+ requirem5ts4 #ejbbb4 ,national p>ks & public l&s cons]vation & ecosy/em re/oration ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to c>ry out cons]vation1 ecosy/em & habitat re/oration projects on l&s adm9i/]$ by ! ,national ,p>k ,s]vice & ,bureau ( ,l& ,managem5t4 ,none ( ! funds provid$ "u ?is section %all be subject to co/-%>e or mat*+ requirem5ts4 #ejbbc4 ,national ,p>k ,s]vice employees ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ejj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjcj1 to hire employees to s]ve 9 units ( ! ,national ,p>k ,sy/em or national hi/oric or national sc5ic trails adm9i/]$ by ! ,national ,p>k ,s]vice4 #ejbbd4 ,national ,p>k ,sy/em def]r$ ma9t5ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 to c>ry out priority def]r$ ma9t5ance projects1 ?r\gh direct exp5ditures or transf]s1 )9 ! b\nd>ies ( ! ,national ,p>k ,sy/em4 #c ,dr\ght response & prep>$ness #ejbca4 ,bureau ( ,reclamation dome/ic wat] supply projects ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,commission] ( ,reclamation1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #eej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = grants1 contracts1 or f9ancial assi/ance agreem5ts = disadvantag$ communities 7id5tifi$ accord+ to crit]ia adopt$ by ! ,commission] ( ,reclamation7 9 a mann] z det]m9$ by ! ,commission] ( ,reclamation = up to #ajj p]c5t ( ! co/ ( ! plann+1 design1 or con/ruction ( wat] projects ! prim>y purpose ( :i* is to provide dome/ic wat] supplies to communities or h\seholds t d n h reliable access to dome/ic wat] supplies 9 a ,/ate or t]ritory describ$ 9 ! fir/ section ( ! ,act ( ,june #ag1 #aijb 7#dc ,u4,s4,c4 #cia2 #cb ,/at4 #chh1 *apt] #ajic74 #ejbcb4 ,canal improvem5t projects ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,commission] ( ,reclamation1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #be1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = ! design1 /udy1 & implem5tation ( projects 7includ+ pilot & demon/ration projects7 to cov] wat] conveyance facilities ) sol> panels to g5]ate r5ewable en]gy 9 a mann] z det]m9$ by ! ,secret>y or = o!r sol> projects associat$ ) ,bureau ( ,reclamation projects t increase wat] effici5cy & assi/ 9 implem5tation ( clean en]gy goals4 #ejbcc4 ,dr\ght mitigation 9 ! reclamation /ates 7a7 ,def9ition ( reclamation /ate ,9 ?is section1 ! t]m ,reclamation ,/ate means a ,/ate or t]ritory describ$ 9 ! fir/ section ( ! ,act ( ,june #ag1 #aijb 7#cb ,/at4 #chh1 *apt] #ajic2 #dc ,u4,s4,c4 #cia74 7b7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y 7act+ ?r\gh ! ,commission] ( ,reclamation71 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #d1jjj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 = grants1 contracts1 or f9ancial assi/ance agreem5ts1 9 accordance ) ! reclamation laws1 to or ) public entities & ,indian ,tribes1 t provide = ! conduct ( ! foll[+ activities to mitigate ! impacts ( dr\ght 9 ! ,reclamation ,/ates1 ) priority giv5 to ! ,colorado ,riv] ,bas9 & o!r bas9s exp]i5c+ comp>able levels ( long-t]m dr\ght1 to be implem5t$ 9 compliance ) applicable environm5tal law3 7#a7 ,comp5sation = a tempor>y or multiye> volunt>y r$uction 9 div]sion ( wat] or consumptive wat] use4 7#b7 ,volunt>y sy/em cons]vation projects t a*ieve v]ifiable r$uctions 9 use ( or dem& = wat] supplies or provide environm5tal b5efits 9 ! ,l[] ,bas9 or ,upp] ,bas9 ( ! ,colorado ,riv]4 7#c7 ,ecosy/em & habitat re/oration projects to address issues directly caus$ by dr\ght 9 a riv] bas9 or inl& wat] body4 7c7 ,report ,n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is ,act1 & ea* ye> !reaft]1 ! ,secret>y %all submit to ,congress a report t describes any exp5ditures "u ?is section4 #d ,insul> affairs #ejbda4 ,(fice ( ,insul> ,affairs climate *ange te*nical assi/ance 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,(fice ( ,insul> ,affairs1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ae1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 to provide te*nical assi/ance = climate *ange plann+1 mitigation1 adaptation1 & resili5ce to ,unit$ ,/ates ,insul> ,areas4 7b7 ,adm9i/rative exp5ses ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,(fice ( ,insul> ,affairs1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ijj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 = necess>y adm9i/rative exp5ses associat$ ) c>ry+ out ?is section4 #e ,(f%ore w9d #ejbea4 ,leas+ on ! out] ,cont95tal ,%elf 7a7 ,leas+ au?oriz$ ,! ,secret>y may grant leases1 easem5ts1 & rights-(-way pursuant to section #h7p77#a77;,c7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg7p77#a77;,c77 9 an area )drawn by-- 7#a7 ! ,presid5tial memor&um entitl$ ,memor&um on ! ,)drawal ( ,c]ta9 ,areas ( ! ,unit$ ,/ates ,out] ,cont95tal ,%elf f ,leas+ ,disposition & dat$ ,septemb] #h1 #bjbj2 or 7#b7 ! ,presid5tial memor&um entitl$ ,presid5tial ,det]m9ation on ! ,)drawal ( ,c]ta9 ,areas ( ! ,unit$ ,/ates ,out] ,cont95tal ,%elf f ,leas+ ,disposition & dat$ ,septemb] #be1 #bjbj4 7b7 ,(f%ore w9d = ! t]ritories 7#a7 ,application ( out] cont95tal %elf l&s act ) respect to t]ritories ( ! unit$ /ates 7,a7 ,9 g5]al ,section #b ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acca7 is am5d$-- 7i7 9 subsection 7a7-- 7,i7 by /rik+ means all & ins]t+ ! foll[+3 8means-- 7#a7 all 2 & 7,,ii7 9 p>agraph 7#a7 7z s designat$71 by /rik+ control2 & ins]t+ ! foll[+3 control or )9 ! exclusive economic zone ( ! ,unit$ ,/ates & adjac5t to any t]ritory ( ! ,unit$ ,/ates2 &2 & 7,,iii7 by add+ at ! end foll[+3 7#b7 does n include any area convey$ by ,congress to a t]ritorial gov]nm5t = adm9i/ration2 2 7ii7 9 subsection 7p71 by /rik+ & aft] ! semicolon at ! end2 7iii7 9 subsection 7q71 by /rik+ ! p]iod at ! end & ins]t+ 2 &2 & 7iv7 by add+ at ! end ! foll[+3 7r7 ,! t]m ,/ate means-- 7#a7 ea* ( ! sev]al ,/ates2 7#b7 ! ,commonweal? ( ,pu]to ,rico2 7#c7 ,guam2 7#d7 ,am]ican ,samoa2 7#e7 ! ,unit$ ,/ates ,virg9 ,isl&s2 & 7#f7 ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s4 4 7,b7 ,exclusions ,section #ah ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acdd7 is am5d$ by add+ at ! end ! foll[+3 7i7 ,application ,?is section %all n apply to ! s*$ul+ ( any lease sale 9 an area ( ! out] ,cont95tal ,%elf t is adjac5t to ! ,commonweal? ( ,pu]to ,rico1 ,guam1 ,am]ican ,samoa1 ! ,unit$ ,/ates ,virg9 ,isl&s1 or ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s4 4 7#b7 ,w9d lease sales = areas ( ! out] cont95tal %elf ,! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acca et seq47 is am5d$ by add+ at ! end ! foll[+3 #cc4 ,w9d lease sales = areas ( ! out] cont95tal %elf (f%ore ( t]ritories ( ! unit$ /ates 7a7 ,w9d lease sales (f coa/s ( t]ritories ( ! unit$ /ates 7#a7 ,call = in=mation & nom9ations 7,a7 ,9 g5]al ,! ,secret>y %all issue calls = in=mation & nom9ations = propos$ w9d lease sales = areas ( ! out] ,cont95tal ,%elf describ$ 9 p>agraph 7#b7 t are det]m9$ to be feasible4 7,b7 ,initial call ,n lat] ?an ,septemb] #cj1 #bjbe1 ! ,secret>y %all issue an initial call = in=mation & nom9ations "u ?is p>agraph4 7#b7 ,conditional w9d lease sales ,! ,secret>y may conduct w9d lease sales 9 ea* area )9 ! exclusive economic zone ( ! ,unit$ ,/ates adjac5t to ! ,commonweal? ( ,pu]to ,rico1 ,guam1 ,am]ican ,samoa1 ! ,unit$ ,/ates ,virg9 ,isl&s1 or ! ,commonweal? ( ! ,nor!rn ,m>iana ,isl&s t meets ea* ( ! foll[+ crit]ia3 7,a7 ,! ,secret>y has conclud$ t a w9d lease sale 9 ! area is feasible4 7,b7 ,! ,secret>y has det]m9$ t !re is suffici5t int]e/ 9 leas+ ! area4 7,c7 ,! ,secret>y has consult$ ) ! ,gov]nor ( ! t]ritory reg>d+ ! suitability ( ! area = w9d en]gy developm5t4 4 #f ,fossil fuel res\rces #ejbfa4 ,(f%ore oil & gas royalty rate ,section #h7;a77#a7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg7;a77#a77 is am5d$-- 7#a7 9 ea* ( subp>agraphs 7,a7 & 7,c71 by /rik+ n less ?an #aba_/b p] c5tum ea* place x appe>s & ins]t+ n less ?an #afb_/c p]c5t1 b n m ?an #ahc_/d p]c5t1 dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 & n less ?an #afb_/c p]c5t !reaft]12 7#b7 9 subp>agraph 7,f71 by /rik+ no less ?an #aba_/b p] c5tum & ins]t+ n less ?an #afb_/c p]c5t1 b n m ?an #ahc_/d p]c5t1 dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 & n less ?an #afb_/c p]c5t !reaft]12 & 7#c7 9 subp>agraph 7,h71 by /rik+ no less ?an #ab & #a_/b p] c5tum & ins]t+ n less ?an #afb_/c p]c5t1 b n m ?an #ahc_/d p]c5t1 dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 & n less ?an #afb_/c p]c5t !reaft]14 #ejbfb4 ,m9]al ,leas+ ,act mod]nization 7a7 ,on%ore oil & gas royalty rates 7#a7 ,lease ( oil & gas l& ,section #ag ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf7 is am5d$-- 7,a7 9 subsection 7b77#a77;,a71 9 ! fif? s5t5ce-- 7i7 by /rik+ #ab4e & ins]t+ #afb_/c2 & 7ii7 by ins]t+ or1 9 ! case ( a lease issu$ dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 #afb_/c p]c5t 9 am\nt or value ( ! production remov$ or sold f ! lease be=e ! p]iod at ! end2 & 7,b7 by /rik+ #ab p] c5tum ea* place x appe>s & ins]t+ #afb_/c p]c5t4 7#b7 ,conditions = re9/atem5t ,section #ca7;e77#c7 ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #ahh7;e77#c77 is am5d$ by /rik+ #afb_/c ea* place x appe>s & ins]t+ #bj4 7b7 ,oil & gas m9imum bid ,section #ag7;b7 ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf7;b77 is am5d$-- 7#a7 9 p>agraph 7#a77;,b71 9 ! fir/ s5t5ce1 by /rik+ #b p] acre = a p]iod ( #b ye>s f ! date ( enactm5t ( ! ,f$]al ,on%ore ,oil & ,gas ,leas+ ,re=m ,act ( #aihg4 & ins]t+ #aj p] acre dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad42 & 7#b7 9 p>agraph 7#b77;,c71 by /rik+ #b p] acre & ins]t+ #aj p] acre4 7c7 ,fossil fuel r5tal rates 7#a7 ,annual r5tals ,section #ag7;d7 ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf7;d77 is am5d$1 9 ! fir/ s5t5ce1 by /rik+ #a4ej p] acre & all t foll[s ?r\gh ! p]iod at ! end & ins]t+ #c p] acre p] ye> dur+ ! #b-ye> p]iod beg9n+ on ! date ! lease beg9s = new leases1 & aft] ! end ( t #b-ye> p]iod1 #e p] acre p] ye> = ! foll[+ #f-ye> p]iod1 & n less ?an #ae p] acre p] ye> !reaft]1 or1 9 ! case ( a lease issu$ dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ! ,act titl$ ,an ,act to provide = reconciliation pursuant to title ,,ii ( ,s4 ,con4 ,res4 #ad1 #c p] acre p] ye> dur+ ! #b-ye> p]iod beg9n+ on ! date ! lease beg9s1 & aft] ! end ( t #b-ye> p]iod1 #e p] acre p] ye> = ! foll[+ #f-ye> p]iod1 & #ae p] acre p] ye> !reaft]44 7#b7 ,r5tals 9 re9/at$ leases ,section #ca7;e77#b7 ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #ahh7;e77#b77 is am5d$ by /rik+ #aj & ins]t+ #bj4 7d7 ,expression ( int]e/ fee ,section #ag ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf7 is am5d$ by add+ at ! end ! foll[+3 7q7 ,fee = expression ( int]e/ 7#a7 ,9 g5]al ,! ,secret>y %all assess a nonrefundable fee aga9/ any p]son t1 9 accordance ) proc$ures e/abli%$ by ! ,secret>y to c>ry out ?is subsection1 submits an expression ( int]e/ 9 leas+ l& available = disposition "u ?is section = exploration =1 & developm5t (1 oil or gas4 7#b7 ,am\nt ( fee 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! fee assess$ "u p>agraph 7#a7 %all be #e p] acre ( ! area cov]$ by ! applicable expression ( int]e/4 7,b7 ,adju/m5t ( fee ,! ,secret>y %all1 by regulation1 n less frequ5tly ?an e #d ye>s1 adju/ ! am\nt ( ! fee "u subp>agraph 7,a7 to reflect ! *ange 9 inflation4 4 7e7 ,elim9ation ( noncompetitive leas+ 7#a7 ,9 g5]al ,section #ag ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf7 is am5d$-- 7,a7 9 subsection 7b7-- 7i7 9 p>agraph 7#a77;,a7-- 7,i7 9 ! fir/ s5t5ce1 by /rik+ p>agraphs 7#b7 & 7#c7 ( ?is subsection & ins]t+ p>agraph 7#b72 & 7,,ii7 by /rik+ ! la/ s5t5ce2 & 7ii7 by /rik+ p>agraph 7#c72 7,b7 by /rik+ subsection 7c7 & ins]t+ ! foll[+3 7c7 ,additional r\nds ( competitive bidd+ ,l& made available = leas+ "u subsection 7b77#a7 = :i* no bid is accept$ or receiv$1 or ! l& = :i* a lease t]m9ates1 expires1 is cancell$1 or is rel9qui%$1 may be made available by ! ,secret>y ( ! ,int]ior = a new r\nd ( competitive bidd+ "u t subsection4 2 & 7,c7 by /rik+ subsection 7e7 & ins]t+ ! foll[+3 7e7 ,t]m ( lease 7#a7 ,9 g5]al ,any lease issu$ "u ?is section1 includ+ a lease = t> s& areas1 %all be = a prim>y t]m ( #aj ye>s4 7#b7 ,cont9uation ( lease ,a lease describ$ 9 p>agraph 7#a7 %all cont9ue aft] ! prim>y t]m ( ! lease = any p]iod dur+ :i* oil or gas is produc$ 9 pay+ quantities4 7#c7 ,additional ext5sions ,any lease issu$ "u ?is section = l& on :i*1 or = :i* "u an approv$ coop]ative or unit plan ( developm5t or op]ation1 actual drill+ op]ations 7 comm5c$ & dilig5tly prosecut$ prior to ! end ( ! prim>y t]m ( ! lease %all be ext5d$ = #b ye>s & = any p]iod !reaft] dur+ :i* oil or gas is produc$ 9 pay+ quantities4 4 7#b7 ,con=m+ am5dm5ts ,section #ca ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #ahh7 is am5d$-- 7,a7 9 subsection 7d77#a71 9 ! fir/ s5t5ce1 by /rik+ or section #ag7;c7 ( ?is ,act2 7,b7 9 subsection 7e7-- 7i7 9 p>agraph 7#b7-- 7,i7 by /rik+ ei!r2 & 7,,ii7 by /rik+ or ! inclusion & all t foll[s ?r\gh 1 all2 & 7ii7 9 p>agraph 7#c7-- 7,i7 9 subp>agraph 7,a71 by add+ & aft] ! semicolon2 7,,ii7 by /rik+ subp>agraph 7,b72 & 7,,iii7 by /rik+ 7#c77;,a7 paym5t & ins]t+ ! foll[+3 7#c7 paym5t 2 7,c7 9 subsection 7g7-- 7i7 9 p>agraph 7#a71 by /rik+ z a competitive & all t foll[s ?r\gh ( ?is ,act & ins]t+ 9 ! same mann] z ! orig9al lease issu$ pursuant to section #ag2 7ii7 by /rik+ p>agraph 7#b72 7iii7 by r$esignat+ p>agraphs 7#c7 & 7#d7 z p>agraphs 7#b7 & 7#c71 respectively2 & 7iv7 9 p>agraph 7#b7 7z s r$esignat$71 by /rik+ applicable to leases issu$ "u subsection #ag7;c7 ( ?is ,act 7#cj ,u4,s4,c4 #bbf7;c77 except1 & ins]t+ except2 7,d7 9 subsection 7h71 by /rik+ subsections 7d7 & 7f7 ( ?is section & ins]t+ subsection 7d72 7,e7 9 subsection 7i71 by /rik+ 7i77#a7 ,9 act+ & all t foll[s ?r\gh ( ?is section 9 p>agraph 7#b7 & ins]t+ ! foll[+3 7i7 ,royalty r$uction 9 re9/at$ leases ,9 act+ on a petition = re9/atem5t pursuant to subsection 7d7 2 7,f7 by /rik+ subsection 7f72 & 7,g7 by r$esignat+ subsections 7g7 ?r\gh 7j7 z subsections 7f7 ?r\gh 7i71 respectively4 #ejbfc4 ,royalties on all extract$ me?ane 7a7 ,9 g5]al ,= all leases issu$ aft] ! date ( enactm5t ( ?is ,act1 except z provid$ 9 subsection 7b71 royalties paid = gas produc$ f ,f$]al l& & on ! out] ,cont95tal ,%elf %all be assess$ on all gas produc$1 includ+ all gas t is consum$ or lo/ by v5t+1 fl>+1 or neglig5t releases ?r\gh any equipm5t dur+ up/ream op]ations4 7b7 ,exception ,subsection 7a7 %all n apply ) respect to-- 7#a7 gas v5t$ or fl>$ = n long] ?an #dh h\rs 9 an em]g5cy situation t poses a dang] to human heal?1 safety1 or ! environm5t2 7#b7 gas us$ or consum$ )9 ! area ( ! lease1 unit1 or communitiz$ area = ! b5efit ( ! lease1 unit1 or communitiz$ area2 or 7#c7 gas t is unavoidably lo/4 #ejbfd4 ,lease sales "u ! #bjag-bjbb ,out] ,cont95tal ,%elf leas+ program 7a7 ,def9itions ,9 ?is section3 7#a7 ,lease sale #beg ,! t]m ,lease ,sale #beg means ! lease sale numb]$ #beg t 0 approv$ 9 ! ,record ( ,decision describ$ 9 ! notice ( availability ( a record ( decision issu$ on ,augu/ #ca1 #bjba1 entitl$ ,gulf ( ,mexico1 ,out] ,cont95tal ,%elf 7,,ocs71 ,oil & ,gas ,lease ,sale #beg 7#hf ,f$4 ,reg4 #ejafj 7,septemb] #g1 #bjba771 & is ! subject ( ! f9al notice ( sale entitl$ ,gulf ( ,mexico ,out] ,cont95tal ,%elf ,oil & ,gas ,lease ,sale #beg 7#hf ,f$4 ,reg4 #edgbh 7,octob] #d1 #bjba774 7#b7 ,lease sale #beh ,! t]m ,lease ,sale #beh means ! lease sale numb]$ #beh describ$ 9 ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,propos$ ,f9al ,program publi%$ on ,novemb] #ah1 #bjaf1 & approv$ by ! ,secret>y 9 ! ,record ( ,decision issu$ on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 7#c7 ,lease sale #bei ,! t]m ,lease ,sale #bei means ! lease sale numb]$ #bei describ$ 9 ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,propos$ ,f9al ,program publi%$ on ,novemb] #ah1 #bjaf1 & approv$ by ! ,secret>y 9 ! ,record ( ,decision issu$ on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 7#d7 ,lease sale #bfa ,! t]m ,lease ,sale #bfa means ! lease sale numb]$ #bfa describ$ 9 ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,propos$ ,f9al ,program publi%$ on ,novemb] #ah1 #bjaf1 & approv$ by ! ,secret>y 9 ! ,record ( ,decision issu$ on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 7b7 ,lease sale #beg re9/atem5t 7#a7 ,acceptance ( bids ,n lat] #cj days aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y %all1 )\t modification or delay-- 7,a7 accept ! highe/ valid bid = ea* tract or bidd+ unit ( ,lease ,sale #beg = :i* a valid bid 0 receiv$ on ,novemb] #ag1 #bjba2 & 7,b7 provide ! appropriate lease =m to ! w9n+ bidd] to execute & return4 7#b7 ,lease issuance ,on receipt ( an execut$ lease =m "u p>agraph 7#a77;,b7 & paym5t ( ! r5tal = ! fir/ ye>1 ! balance ( ! bonus bid 7unless def]r$71 & any requir$ bond or security f ! high bidd]1 ! ,secret>y %all promptly issue to ! high bidd] a fully execut$ lease1 9 accordance )-- 7,a7 ! regulations 9 effect on ! date ( ,lease ,sale #beg2 & 7,b7 ! t]ms & conditions ( ! f9al notice ( sale entitl$ ,gulf ( ,mexico ,out] ,cont95tal ,%elf ,oil & ,gas ,lease ,sale #beg 7#hf ,f$4 ,reg4 #edgbh 7,octob] #d1 #bjba774 7c7 ,requirem5t = ,lease ,sale #beh ,not)/&+ ! expiration ( ! #bjag-bjbb leas+ program1 n lat] ?an ,decemb] #ca1 #bjbb1 ! ,secret>y %all conduct ,lease ,sale #beh 9 accordance ) ! ,record ( ,decision approv$ by ! ,secret>y on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj issu$ on ,janu>y #ag1 #bjag 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 7d7 ,requirem5t = lease sale #bei ,not)/&+ ! expiration ( ! #bjag-bjbb leas+ program1 n lat] ?an ,m>* #ca1 #bjbc1 ! ,secret>y %all conduct ,lease ,sale #bei 9 accordance ) ! ,record ( ,decision approv$ by ! ,secret>y on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj issu$ on ,janu>y #ag1 #bjag 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 7e7 ,requirem5t = lease sale #bfa ,not)/&+ ! expiration ( ! #bjag-bjbb leas+ program1 n lat] ?an ,septemb] #cj1 #bjbc1 ! ,secret>y %all conduct ,lease ,sale #bfa 9 accordance ) ! ,record ( ,decision approv$ by ! ,secret>y on ,janu>y #ag1 #bjag1 describ$ 9 ! notice ( availability entitl$ ,record ( ,decision = ! #bjag-bjbb ,out] ,cont95tal ,%elf ,oil & ,gas ,leas+ ,program ,f9al ,programmatic ,environm5tal ,impact ,/atem5t2 ,,mmaa#ajdjjj issu$ on ,janu>y #ag1 #bjag 7#hb ,f$4 ,reg4 #ffdc 7,janu>y #ai1 #bjag774 #ejbfe4 ,ensur+ en]gy security 7a7 ,def9itions ,9 ?is section3 7#a7 ,f$]al l& ,! t]m ,f$]al l& means public l&s 7z def9$ 9 section #ajc ( ! ,f$]al ,l& ,policy & ,managem5t ,act ( #aigf 7#dc ,u4,s4,c4 #agjb774 7#b7 ,(f%ore lease sale ,! t]m (f%ore lease sale means an oil & gas lease sale-- 7,a7 t is held by ! ,secret>y 9 accordance ) ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #acca et seq472 & 7,b7 t1 if any acceptable bids h be5 receiv$ = any tract (f]$ 9 ! lease sale1 results 9 ! issuance ( a lease4 7#c7 ,on%ore lease sale ,! t]m on%ore lease sale means a qu>t]ly oil & gas lease sale-- 7,a7 t is held by ! ,secret>y 9 accordance ) section #ag ( ! ,m9]al ,leas+ ,act 7#cj ,u4,s4,c4 #bbf72 & 7,b7 t1 if any acceptable bids h be5 receiv$ = any p>cel (f]$ 9 ! lease sale1 results 9 ! issuance ( a lease4 7b7 ,limitation on issuance ( c]ta9 leases or rights-(-way ,dur+ ! #aj-ye> p]iod beg9n+ on ! date ( enactm5t ( ?is ,act-- 7#a7 ! ,secret>y may n issue a "r-(-way = w9d or sol> en]gy developm5t on ,f$]al l& unless-- 7,a7 an on%ore lease sale has be5 held dur+ ! #abj-;day p]iod end+ on ! date ( ! issuance ( ! "r-(-way = w9d or sol> en]gy developm5t2 & 7,b7 ! sum total ( acres (f]$ = lease 9 on%ore lease sales dur+ ! #a-ye> p]iod end+ on ! date ( ! issuance ( ! "r-(-way = w9d or sol> en]gy developm5t is n less ?an ! less] (-- 7i7 #b1jjj1jjj acres2 & 7ii7 #ej p]c5t ( ! acreage = :i* expressions ( int]e/ h be5 submitt$ = lease sales dur+ t p]iod2 & 7#b7 ! ,secret>y may n issue a lease = (f%ore w9d developm5t "u section #h7p77#a77;,c7 ( ! ,out] ,cont95tal ,%elf ,l&s ,act 7#dc ,u4,s4,c4 #accg7p77#a77;,c77 unless-- 7,a7 an (f%ore lease sale has be5 held dur+ ! #a-ye> p]iod end+ on ! date ( ! issuance ( ! lease = (f%ore w9d developm5t2 & 7,b7 ! sum total ( acres (f]$ = lease 9 (f%ore lease sales dur+ ! #a-ye> p]iod end+ on ! date ( ! issuance ( ! lease = (f%ore w9d developm5t is n less ?an #fj1jjj1jjj acres4 7c7 ,sav+s ,except z expressly provid$ 9 p>agraphs 7#a7 & 7#b7 ( subsection 7b71 no?+ 9 ?is section sup]s$es1 am5ds1 or modifies exi/+ law4 #g ,unit$ ,/ates ,geological ,survey #ejbga4 ,unit$ ,/ates ,geological ,survey #c;,d elevation program ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y1 act+ ?r\gh ! ,director ( ! ,unit$ ,/ates ,geological ,survey1 = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bc1ejj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to produce1 collect1 dissem9ate1 & use #c;,d elevation data4 #h ,o!r natural res\rces matt]s #ejbha4 ,dep>tm5t ( ! ,int]ior ov]sight ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = ov]sight by ! ,dep>tm5t ( ! ,int]ior ,(fice ( ,inspector ,g5]al ( ! ,dep>tm5t ( ! ,int]ior activities = :i* fund+ is appropriat$ 9 ?is subtitle4 ,c ,environm5tal reviews #ejcja4 ,dep>tm5t ( ,en]gy ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,en]gy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aae1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to provide = ! hir+ & tra9+ ( p]sonnel1 ! developm5t ( programmatic environm5tal docum5ts1 ! procurem5t ( te*nical or sci5tific s]vices = environm5tal reviews1 ! developm5t ( environm5tal data or in=mation sy/ems1 /akehold] & community engagem5t1 & ! pur*ase ( new equipm5t = environm5tal analysis to facilitate timely & effici5t environm5tal reviews & au?orizations4 #ejcjb4 ,f$]al ,en]gy ,regulatory ,commission 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,f$]al ,en]gy ,regulatory ,commission = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to provide = ! hir+ & tra9+ ( p]sonnel1 ! developm5t ( programmatic environm5tal docum5ts1 ! procurem5t ( te*nical or sci5tific s]vices = environm5tal reviews1 ! developm5t ( environm5tal data or in=mation sy/ems1 /akehold] & community engagem5t1 & ! pur*ase ( new equipm5t = environm5tal analysis to facilitate timely & effici5t environm5tal reviews & au?orizations4 7b7 ,fees & *>ges ,section #cdja7;a7 ( ! ,omnibus ,budget ,reconciliation ,act ( #aihf 7#db ,u4,s4,c4 #gagh7;a77 %all n apply to ! co/s incurr$ by ! ,f$]al ,en]gy ,regulatory ,commission 9 c>ry+ out ?is section4 #ejcjc4 ,dep>tm5t ( ! ,int]ior ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ! ,int]ior = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aej1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjbf1 to provide = ! hir+ & tra9+ ( p]sonnel1 ! developm5t ( programmatic environm5tal docum5ts1 ! procurem5t ( te*nical or sci5tific s]vices = environm5tal reviews1 ! developm5t ( environm5tal data or in=mation sy/ems1 /akehold] & community engagem5t1 & ! pur*ase ( new equipm5t = environm5tal analysis to facilitate timely & effici5t environm5tal reviews & au?orizations by ! ,national ,p>k ,s]vice1 ! ,bureau ( ,l& ,managem5t1 ! ,bureau ( ,ocean ,en]gy ,managem5t1 ! ,bureau ( ,reclamation1 ! ,bureau ( ,safety & ,environm5tal ,en=cem5t1 & ! ,(fice ( ,surface ,m9+ ,reclamation & ,en=cem5t4 ,,vi ,committee on ,environm5t & ,public ,works ,a ,air ,pollution #fjaja4 ,clean heavy-duty vehicles ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #aca ( su* ,act 7#db ,u4,s4,c4 #gdca7 ! foll[+3 #acb4 ,clean heavy-duty vehicles 7a7 ,appropriations 7#a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #fjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to c>ry out ?is section4 7#b7 ,nonatta9m5t areas ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #djj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to make aw>ds "u ?is section to eligible recipi5ts & to eligible contractors t propose to replace eligible vehicles to s]ve #a or m communities locat$ 9 an air quality area designat$ pursuant to section #ajg z nonatta9m5t = any air pollutant4 7#c7 ,res]vation ,( ! funds appropriat$ by p>agraph 7#a71 ! ,adm9i/rator %all res]ve #c p]c5t = adm9i/rative co/s necess>y to c>ry out ?is section4 7b7 ,program ,beg9n+ n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all implem5t a program to make aw>ds ( grants & rebates to eligible recipi5ts1 & to make aw>ds ( contracts to eligible contractors = provid+ rebates1 = up to #ajj p]c5t ( co/s =-- 7#a7 ! increm5tal co/s ( replac+ an eligible vehicle t is n a z]o-emission vehicle ) a z]o-emission vehicle1 z det]m9$ by ! ,adm9i/rator bas$ on ! m>ket value ( ! vehicles2 7#b7 pur*as+1 in/all+1 op]at+1 & ma9ta9+ infra/ructure ne$$ to *>ge1 fuel1 or ma9ta9 z]o-emission vehicles2 7#c7 work=ce developm5t & tra9+ to support ! ma9t5ance1 *>g+1 fuel+1 & op]ation ( z]o-emission vehicles2 & 7#d7 plann+ & te*nical activities to support ! adoption & deploym5t ( z]o-emission vehicles4 7c7 ,applications ,to seek an aw>d "u ?is section1 an eligible recipi5t or eligible contractor %all submit to ! ,adm9i/rator an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,adm9i/rator %all prescribe4 7d7 ,def9itions ,= purposes ( ?is section3 7#a7 ,eligible contractor ,! t]m eligible contractor means a contractor t has ! capacity-- 7,a7 to sell1 lease1 lic5se1 or contract = s]vice z]o-emission vehicles1 or *>g+ or o!r equipm5t ne$$ to *>ge1 fuel1 or ma9ta9 z]o-emission vehicles1 to individuals or entities t own1 lease1 lic5se1 or contract = s]vice an eligible vehicle2 or 7,b7 to arrange f9anc+ = su* a sale1 lease1 lic5se1 or contract = s]vice4 7#b7 ,eligible recipi5t ,! t]m eligible recipi5t means-- 7,a7 a ,/ate2 7,b7 a municipality2 7,c7 an ,indian tribe2 or 7,d7 a nonpr(it s*ool transportation association4 7#c7 ,eligible vehicle ,! t]m eligible vehicle means a ,class #f or ,class #g heavy-duty vehicle z def9$ 9 section #ajcg4hja ( title #dj1 ,code ( ,f$]al ,regulations 7z 9 effect on ! date ( enactm5t ( ?is section74 7#d7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 7#e7 ,z]o-emission vehicle ,! t]m z]o-emission vehicle means a vehicle t has a drivetra9 t produces1 "u any possible op]ational mode or condition1 z]o exhau/ emissions (-- 7,a7 any air pollutant t is li/$ pursuant to section #ajh7;a7 7or any precursor to su* an air pollutant72 & 7,b7 any gre5h\se gas4 4 #fjajb4 ,grants to r$uce air pollution at ports ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #acb ( su* ,act1 z add$ by section #fjaja ( ?is ,act1 ! foll[+3 #acc4 ,grants to r$uce air pollution at ports 7a7 ,appropriations 7#a7 ,g5]al assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1bej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbg1 to aw>d rebates & grants to eligible recipi5ts on a competitive basis-- 7,a7 to pur*ase or in/all z]o-emission port equipm5t or te*nology = use at1 or to directly s]ve1 "o or m ports2 7,b7 to conduct any relevant plann+ or p]mitt+ 9 connection ) ! pur*ase or in/allation ( su* z]o-emission port equipm5t or te*nology2 & 7,c7 to develop qualifi$ climate action plans4 7#b7 ,nonatta9m5t areas ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #gej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbg1 to aw>d rebates & grants to eligible recipi5ts to c>ry out activities describ$ 9 p>agraph 7#a7 ) respect to ports locat$ 9 air quality areas designat$ pursuant to section #ajg z nonatta9m5t = an air pollutant4 7b7 ,limitation ,funds aw>d$ "u ?is section %all n be us$ by any recipi5t or subrecipi5t to pur*ase or in/all z]o-emission port equipm5t or te*nology t w n be locat$ at1 or directly s]ve1 ! "o or m ports involv$4 7c7 ,adm9i/ration ( funds ,( ! funds made available by ?is section1 ! ,adm9i/rator %all res]ve #b p]c5t = adm9i/rative co/s necess>y to c>ry out ?is section4 7d7 ,def9itions ,9 ?is section3 7#a7 ,eligible recipi5t ,! t]m eligible recipi5t means-- 7,a7 a port au?ority2 7,b7 a ,/ate1 regional1 local1 or ,tribal ag5cy t has jurisdiction ov] a port au?ority or a port2 7,c7 an air pollution control ag5cy2 or 7,d7 a private entity t-- 7i7 applies = a grant "u ?is section 9 p>tn]%ip ) an entity describ$ 9 any ( subp>agraphs 7,a7 ?r\gh 7,c72 & 7ii7 owns1 op]ates1 or uses ! facilities1 c>go-h&l+ equipm5t1 transportation equipm5t1 or relat$ te*nology ( a port4 7#b7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 7#c7 ,qualifi$ climate action plan ,! t]m qualifi$ climate action plan means a detail$ & /rategic plan t-- 7,a7 e/abli%es goals1 implem5tation /rategies1 & acc\nt+ & inv5tory practices to r$uce emissions at "o or m ports (-- 7i7 gre5h\se gases2 7ii7 an air pollutant t is li/$ pursuant to section #ajh7;a7 7or any precursor to su* an air pollutant72 & 7iii7 haz>d\s air pollutants2 7,b7 includes a /rategy to collaborate )1 communicate )1 & address pot5tial effects on l[-income & disadvantag$ ne>-port communities & o!r /akehold]s t may be affect$ by implem5tation ( ! plan2 & 7,c7 describes h[ an eligible recipi5t has implem5t$ or w implem5t measures to increase ! resili5ce ( ! "o or m ports involv$4 7#d7 ,z]o-emission port equipm5t or te*nology ,! t]m z]o-emission port equipm5t or te*nology means human-op]at$ equipm5t or human-ma9ta9$ te*nology t-- 7,a7 produces z]o emissions ( any air pollutant t is li/$ pursuant to section #ajh7;a7 7or any precursor to su* an air pollutant7 & any gre5h\se gas o!r ?an wat] vapor2 or 7,b7 captures #ajj p]c5t ( ! emissions describ$ 9 subp>agraph 7,a7 t are produc$ by an ocean-go+ vessel at b]?4 4 #fjajc4 ,gre5h\se gas r$uction fund ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #acc ( su* ,act1 z add$ by section #fjajb ( ?is ,act1 ! foll[+3 #acd4 ,gre5h\se gas r$uction fund 7a7 ,appropriations 7#a7 ,z]o-emission te*nologies ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #g1jjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbd1 to make grants1 on a competitive basis & beg9n+ n lat] ?an #ahj cal5d> days aft] ! date ( enactm5t ( ?is section1 to ,/ates1 municipalities1 ,tribal gov]nm5ts1 & eligible recipi5ts = ! purposes ( provid+ grants1 loans1 or o!r =ms ( f9ancial assi/ance1 z well z te*nical assi/ance1 to enable l[-income & disadvantag$ communities to deploy or b5efit f z]o-emission te*nologies1 includ+ di/ribut$ te*nologies on resid5tial ro(tops1 & to c>ry out o!r gre5h\se gas emission r$uction activities1 z det]m9$ appropriate by ! ,adm9i/rator 9 accordance ) ?is section4 7#b7 ,g5]al assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aa1igj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbd1 to make grants1 on a competitive basis & beg9n+ n lat] ?an #ahj cal5d> days aft] ! date ( enactm5t ( ?is section1 to eligible recipi5ts = ! purposes ( provid+ f9ancial assi/ance & te*nical assi/ance 9 accordance ) subsection 7b74 7#c7 ,l[-income & disadvantag$ communities ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #h1jjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbd1 to make grants1 on a competitive basis & beg9n+ n lat] ?an #ahj cal5d> days aft] ! date ( enactm5t ( ?is section1 to eligible recipi5ts = ! purposes ( provid+ f9ancial assi/ance & te*nical assi/ance 9 l[-income & disadvantag$ communities 9 accordance ) subsection 7b74 7#d7 ,adm9i/rative co/s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! adm9i/rative co/s necess>y to c>ry out activities "u ?is section4 7b7 ,use ( funds ,an eligible recipi5t t receives a grant pursuant to subsection 7a7 %all use ! grant 9 accordance ) ! foll[+3 7#a7 ,direct inve/m5t ,! eligible recipi5t %all-- 7,a7 provide f9ancial assi/ance to qualifi$ projects at ! national1 regional1 ,/ate1 & local levels2 7,b7 prioritize inve/m5t 9 qualifi$ projects t w\ld o!rwise lack access to f9anc+2 & 7,c7 reta91 manage1 recycle1 & monetize all repaym5ts & o!r rev5ue receiv$ f fees1 int]e/1 repaid loans1 & all o!r types ( f9ancial assi/ance provid$ us+ grant funds "u ?is section to ensure cont9u$ op]ability4 7#b7 ,indirect inve/m5t ,! eligible recipi5t %all provide fund+ & te*nical assi/ance to e/abli% new or support exi/+ public1 quasi-public1 n-=-pr(it1 or nonpr(it entities t provide f9ancial assi/ance to qualifi$ projects at ! ,/ate1 local1 t]ritorial1 or ,tribal level or 9 ! ,di/rict ( ,columbia1 includ+ community- & l[-income-focus$ l5d]s & capital provid]s4 7c7 ,def9itions ,9 ?is section3 7#a7 ,eligible recipi5t ,! t]m eligible recipi5t means a nonpr(it organization t-- 7,a7 is design$ to provide capital1 lev]age private capital1 & provide o!r =ms ( f9ancial assi/ance = ! rapid deploym5t ( l[- & z]o-emission products1 te*nologies1 & s]vices2 7,b7 does n take deposits o!r ?an deposits f repaym5ts & o!r rev5ue receiv$ f f9ancial assi/ance provid$ us+ grant funds "u ?is section2 7,c7 is fund$ by public or *>itable contributions2 & 7,d7 inve/s 9 or f9ances projects alone or 9 conjunction ) o!r inve/ors4 7#b7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 7#c7 ,qualifi$ project ,! t]m qualifi$ project includes any project1 activity1 or te*nology t-- 7,a7 r$uces or avoids gre5h\se gas emissions & o!r =ms ( air pollution 9 p>tn]%ip )1 & by lev]ag+ inve/m5t f1 ! private sector2 or 7,b7 assi/s communities 9 ! ef=ts ( ^? communities to r$uce or avoid gre5h\se gas emissions & o!r =ms ( air pollution4 7#d7 ,z]o-emission te*nology ,! t]m z]o-emission te*nology means any te*nology t produces z]o emissions (-- 7,a7 any air pollutant t is li/$ pursuant to section #ajh7;a7 7or any precursor to su* an air pollutant72 & 7,b7 any gre5h\se gas4 4 #fjajd4 ,diesel emissions r$uctions 7a7 ,goods movem5t ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #fj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants1 rebates1 & loans "u section #gib ( ! ,en]gy ,policy ,act ( #bjje 7#db ,u4,s4,c4 #afacb7 to id5tify & r$uce diesel emissions result+ f goods movem5t facilities1 & vehicles s]vic+ goods movem5t facilities1 9 l[-income & disadvantag$ communities to address ! heal? impacts ( su* emissions on su* communities4 7b7 ,adm9i/rative co/s ,! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy %all res]ve #b p]c5t ( ! am\nts made available "u ?is section = ! adm9i/rative co/s necess>y to c>ry out activities pursuant to ?is section4 #fjaje4 ,fund+ to address air pollution 7a7 ,f5cel9e air monitor+ & scre5+ air monitor+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aag1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje7 to deploy1 integrate1 support1 & ma9ta9 f5cel9e air monitor+1 scre5+ air monitor+1 national air toxics tr5d /ations1 & o!r air toxics & community monitor+4 7b7 ,multipollutant monitor+ /ations ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje7-- 7#a7 to exp& ! national ambi5t air quality monitor+ network ) new multipollutant monitor+ /ations2 & 7#b7 to replace1 repair1 op]ate1 & ma9ta9 exi/+ monitors4 7c7 ,air quality s5sors 9 l[-income & disadvantag$ communities ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje7 to deploy1 integrate1 & op]ate air quality s5sors 9 l[-income & disadvantag$ communities4 7d7 ,emissions f wood heat]s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ae1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje7 = te/+ & o!r ag5cy activities to address emissions f wood heat]s4 7e7 ,me?ane monitor+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje7 = monitor+ emissions ( me?ane4 7f7 ,clean ,air ,act grants ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #be1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc & section #aje ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c71 #gdje74 7g7 ,gre5h\se gas & z]o-emission /&>ds = mobile s\rces ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to provide grants to ,/ates to adopt & implem5t gre5h\se gas & z]o-emission /&>ds = mobile s\rces pursuant to section #agg ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gejg74 7h7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 #fjajf4 ,fund+ to address air pollution at s*ools 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cg1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants & o!r activities to monitor & r$uce gre5h\se gas emissions & o!r air pollutants at s*ools 9 l[-income & disadvantag$ communities "u subsections 7a7 ?r\gh 7c7 ( section #ajc ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c77 & section #aje ( t ,act 7#db ,u4,s4,c4 #gdje74 7b7 ,te*nical assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ab1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = provid+ te*nical assi/ance to s*ools 9 l[-income & disadvantag$ communities "u subsections 7a7 ?r\gh 7c7 ( section #ajc ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gdjc7;a7-7c77 & section #aje ( t ,act 7#db ,u4,s4,c4 #gdje7-- 7#a7 to address environm5tal issues2 7#b7 to develop s*ool environm5tal quality plans t include /&>ds = s*ool build+1 design1 con/ruction1 & r5ovation2 & 7#c7 to id5tify & mitigate ongo+ air pollution haz>ds4 7c7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 #fjajg4 ,l[ ,emissions ,electricity ,program ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #acd ( su* ,act1 z add$ by section #fjajc ( ?is ,act1 ! foll[+3 #ace4 ,l[ ,emissions ,electricity ,program 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 to rema9 available until ,septemb] #cj1 #bjca-- 7#a7 #ag1jjj1jjj = consum]-relat$ education & p>tn]%ips ) respect to r$uctions 9 gre5h\se gas emissions t result f dome/ic electricity g5]ation & use2 7#b7 #ag1jjj1jjj = education1 te*nical assi/ance1 & p>tn]%ips )9 l[-income & disadvantag$ communities ) respect to r$uctions 9 gre5h\se gas emissions t result f dome/ic electricity g5]ation & use2 7#c7 #ag1jjj1jjj = indu/ry-relat$ outrea*1 te*nical assi/ance1 & p>tn]%ips ) respect to r$uctions 9 gre5h\se gas emissions t result f dome/ic electricity g5]ation & use2 7#d7 #ag1jjj1jjj = outrea* & te*nical assi/ance to1 & p>tn]%ips )1 ,/ate1 ,tribal1 & local gov]nm5ts ) respect to r$uctions 9 gre5h\se gas emissions t result f dome/ic electricity g5]ation & use2 7#e7 #a1jjj1jjj to assess1 n lat] ?an #a ye> aft] ! date ( enactm5t ( ?is section1 ! r$uctions 9 gre5h\se gas emissions t result f *anges 9 dome/ic electricity g5]ation & use t are anticipat$ to occur on an annual basis ?r\gh fiscal ye> #bjca2 & 7#f7 #ah1jjj1jjj to ensure t r$uctions 9 gre5h\se gas emissions are a*iev$ ?r\gh use ( ! exi/+ au?orities ( ?is ,act1 incorporat+ ! assessm5t "u p>agraph 7#e74 7b7 ,adm9i/ration ( ,funds ,( ! am\nts made available "u subsection 7a71 ! ,adm9i/rator %all res]ve #b p]c5t = ! adm9i/rative co/s necess>y to c>ry out activities pursuant to t subsection4 7c7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 4 #fjajh4 ,fund+ = section #baa7o7 ( ! ,clean ,air ,act 7a7 ,te/ & protocol developm5t ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to c>ry out section #baa7o7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77 ) respect to-- 7#a7 ! developm5t & e/abli%m5t ( te/s & protocols reg>d+ ! environm5tal & public heal? effects ( a fuel or fuel additive2 7#b7 int]nal & extramural data collection & analyses to regul>ly update applicable regulations1 guidance1 & proc$ures = det]m9+ lifecycle gre5h\se gas emissions ( a fuel2 & 7#c7 ! review1 analysis1 & evaluation ( ! impacts ( all transportation fuels1 includ+ fuel lifecycle implications1 on ! g5]al public & on l[-income & disadvantag$ communities4 7b7 ,inve/m5ts 9 advanc$ bi(uels ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = new grants to indu/ry & o!r relat$ activities "u section #baa7o7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gede7o77 to support inve/m5ts 9 advanc$ bi(uels4 7c7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 #fjaji4 ,fund+ = implem5tation ( ! ,am]ican ,innovation & ,manufactur+ ,act 7a7 ,appropriations 7#a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to c>ry out subsections 7a7 ?r\gh 7i7 & subsection 7k7 ( section #ajc ( division ,s ( ,public ,law #aaf-bfj 7#db ,u4,s4,c4 #gfge74 7#b7 ,implem5tation & compliance tools ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to deploy new implem5tation & compliance tools to c>ry out subsections 7a7 ?r\gh 7i7 & subsection 7k7 ( section #ajc ( division ,s ( ,public ,law #aaf-bfj 7#db ,u4,s4,c4 #gfge74 7#c7 ,competitive grants ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ae1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = competitive grants = reclaim & innovative de/ruction te*nologies "u subsections 7a7 ?r\gh 7i7 & subsection 7k7 ( section #ajc ( division ,s ( ,public ,law #aaf-bfj 7#db ,u4,s4,c4 #gfge74 7b7 ,adm9i/ration ( funds ,( ! funds made available pursuant to subsection 7a77#c71 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy %all res]ve #e p]c5t = adm9i/rative co/s necess>y to c>ry out activities pursuant to su* subsection4 #fjaaj4 ,fund+ = en=cem5t te*nology & public in=mation 7a7 ,compliance monitor+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ah1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to update ! ,integrat$ ,compliance ,in=mation ,sy/em ( ! ,environm5tal ,protection ,ag5cy & any associat$ sy/ems1 necess>y in=mation te*nology infra/ructure1 or public access s(tw>e tools to ensure access to compliance data & relat$ in=mation4 7b7 ,communications ) ,,icis ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = grants to ,/ates1 ,indian tribes1 & air pollution control ag5cies 7z su* t]ms are def9$ 9 section #cjb ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gfjb77 to update _! sy/ems to ensure communication ) ! ,integrat$ ,compliance ,in=mation ,sy/em ( ! ,environm5tal ,protection ,ag5cy & any associat$ sy/ems4 7c7 ,inspection s(tw>e ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #d1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca-- 7#a7 to acquire or update inspection s(tw>e = use by ! ,environm5tal ,protection ,ag5cy1 ,/ates1 ,indian tribes1 & air pollution control ag5cies 7z su* t]ms are def9$ 9 section #cjb ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gfjb772 or 7#b7 to acquire necess>y devices on :i* to run su* inspection s(tw>e4 #fjaaa4 ,gre5h\se gas corporate report+ 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! ,environm5tal ,protection ,ag5cy to support-- 7#a7 enhanc$ /&>dization & transp>5cy ( corporate climate action commitm5ts & plans to r$uce gre5h\se gas emissions2 7#b7 enhanc$ transp>5cy reg>d+ progress t[>d meet+ su* commitm5ts & implem5t+ su* plans2 & 7#c7 progress t[>d meet+ su* commitm5ts & implem5t+ su* plans4 7b7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 #fjaab4 ,environm5tal product decl>ation assi/ance 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to develop & c>ry out a program to support ! developm5t1 enhanc$ /&>dization & transp>5cy1 & report+ crit]ia = environm5tal product decl>ations t include measurem5ts ( ! embodi$ gre5h\se gas emissions ( ! mat]ial or product associat$ ) all relevant /ages ( production1 use1 & disposal1 & con=m ) int]national /&>ds1 = con/ruction mat]ials & products by-- 7#a7 provid+ grants to bus9esses t manufacture con/ruction mat]ials & products = develop+ & v]ify+ environm5tal product decl>ations1 & to ,/ates1 ,indian ,tribes1 & nonpr(it organizations t w support su* bus9esses2 7#b7 provid+ te*nical assi/ance to bus9esses t manufacture con/ruction mat]ials & products 9 develop+ & v]ify+ environm5tal product decl>ations1 & to ,/ates1 ,indian ,tribes1 & nonpr(it organizations t w support su* bus9esses2 & 7#c7 c>ry+ out o!r activities t assi/ 9 measur+1 report+1 & /eadily r$uc+ ! quantity ( embodi$ c>bon ( con/ruction mat]ials & products4 7b7 ,adm9i/rative co/s ,( ! am\nts made available "u ?is section1 ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy %all res]ve #e p]c5t = adm9i/rative co/s necess>y to c>ry out ?is section4 7c7 ,def9itions ,9 ?is section3 7#a7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 7#b7 ,/ate ,! t]m ,/ate has ! mean+ giv5 to t t]m 9 section #cjb7;d7 ( ! ,clean ,air ,act 7#db ,u4,s4,c4 #gfjb7;d774 #fjaac4 ,me?ane emissions r$uction program ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #ace ( su* ,act1 z add$ by section #fjajg ( ?is ,act1 ! foll[+3 #acf4 ,me?ane emissions & wa/e r$uction inc5tive program = petroleum & natural gas sy/ems 7a7 ,inc5tives = me?ane mitigation & monitor+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #hej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh-- 7#a7 = grants1 rebates1 contracts1 loans1 & o!r activities ( ! ,environm5tal ,protection ,ag5cy = ! purposes ( provid+ f9ancial & te*nical assi/ance to own]s & op]ators ( applicable facilities to prep>e & submit gre5h\se gas reports "u subp>t ,w ( "p #ih ( title #dj1 ,code ( ,f$]al ,regulations2 7#b7 = grants1 rebates1 contracts1 loans1 & o!r activities ( ! ,environm5tal ,protection ,ag5cy au?oriz$ "u subsections 7a7 ?r\gh 7c7 ( section #ajc = me?ane emissions monitor+2 7#c7 = grants1 rebates1 contracts1 loans1 & o!r activities ( ! ,environm5tal ,protection ,ag5cy = ! purposes ( provid+ f9ancial & te*nical assi/ance to r$uce me?ane & o!r gre5h\se gas emissions f petroleum & natural gas sy/ems1 mitigate legacy air pollution f petroleum & natural gas sy/ems1 & provide fund+ =-- 7,a7 improv+ climate resili5cy ( communities & petroleum & natural gas sy/ems2 7,b7 improv+ & deploy+ indu/rial equipm5t & processes t r$uce me?ane & o!r gre5h\se gas emissions & wa/e2 7,c7 support+ innovation 9 r$uc+ me?ane & o!r gre5h\se gas emissions & wa/e f petroleum & natural gas sy/ems2 7,d7 p]man5tly %utt+ 9 & plugg+ wells on non-,f$]al l&2 7,e7 mitigat+ heal? effects ( me?ane & o!r gre5h\se gas emissions1 & legacy air pollution f petroleum & natural gas sy/ems 9 l[-income & disadvantag$ communities2 & 7,f7 support+ environm5tal re/oration2 & 7#d7 to cov] all direct & indirect co/s requir$ to adm9i/] ?is section1 prep>e inv5tories1 ga!r empirical data1 & track emissions4 7b7 ,inc5tives = ,me?ane ,mitigation f ,conv5tional ,wells ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #gjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh1 = activities describ$ 9 p>agraphs 7#a7 ?r\gh 7#d7 ( subsection 7a7 at m>g9al conv5tional wells4 7c7 ,wa/e emissions *>ge ,! ,adm9i/rator %all impose & collect a *>ge on me?ane emissions t exce$ an applicable wa/e emissions ?re%old "u subsection 7f7 f an own] or op]ator ( an applicable facility t reports m ?an #be1jjj metric tons ( c>bon dioxide equival5t ( gre5h\se gases emitt$ p] ye> pursuant to subp>t ,w ( "p #ih ( title #dj1 ,code ( ,f$]al ,regulations1 reg>dless ( ! report+ ?re%old "u t subp>t4 7d7 ,applicable facility ,= purposes ( ?is section1 ! t]m applicable facility means a facility )9 ! foll[+ indu/ry segm5ts1 z def9$ 9 subp>t ,w ( "p #ih ( title #dj1 ,code ( ,f$]al ,regulations3 7#a7 ,(f%ore petroleum & natural gas production4 7#b7 ,on%ore petroleum & natural gas production4 7#c7 ,on%ore natural gas process+4 7#d7 ,on%ore natural gas transmission compression4 7#e7 ,und]gr\nd natural gas /orage4 7#f7 ,liquefi$ natural gas /orage4 7#g7 ,liquefi$ natural gas import & export equipm5t4 7#h7 ,on%ore petroleum & natural gas ga!r+ & boo/+4 7#i7 ,on%ore natural gas transmission pipel9e4 7e7 ,*>ge ,am\nt ,! am\nt ( a *>ge "u subsection 7c7 = an applicable facility %all be equal to ! product obta9$ by multiply+-- 7#a7 ! numb] ( metric tons ( me?ane emissions report$ pursuant to subp>t ,w ( "p #ih ( title #dj1 ,code ( ,f$]al ,regulations1 = ! applicable facility t exce$ ! applicable annual wa/e emissions ?re%old li/$ 9 subsection 7f7 dur+ ! previ\s report+ p]iod2 & 7#b7 7,a7 #ijj = emissions report$ = cal5d> ye> #bjbd2 7,b7 #a1bjj = emissions report$ = cal5d> ye> #bjbe2 or 7,c7 #a1ejj = emissions report$ = cal5d> ye> #bjbf & ea* ye> !reaft]4 7f7 ,wa/e emissions ?re%old 7#a7 ,petroleum & natural gas production ,) respect to impos+ & collect+ ! *>ge "u subsection 7c7 = an applicable facility 9 an indu/ry segm5t li/$ 9 p>agraph 7#a7 or 7#b7 ( subsection 7d71 ! ,adm9i/rator %all impose & collect ! *>ge on ! report$ metric tons ( me?ane emissions f su* facility t exce$-- 7,a7 #j4bj p]c5t ( ! natural gas s5t to sale f su* facility2 or 7,b7 #aj metric tons ( me?ane p] million b>rels ( oil s5t to sale f su* facility1 if su* facility s5t no natural gas to sale4 7#b7 ,nonproduction petroleum & natural gas sy/ems ,) respect to impos+ & collect+ ! *>ge "u subsection 7c7 = an applicable facility 9 an indu/ry segm5t li/$ 9 p>agraph 7#c71 7#f71 7#g71 or 7#h7 ( subsection 7d71 ! ,adm9i/rator %all impose & collect ! *>ge on ! report$ metric tons ( me?ane emissions t exce$ #j4je p]c5t ( ! natural gas s5t to sale f or ?r\gh su* facility4 7#c7 ,natural gas transmission ,) respect to impos+ & collect+ ! *>ge "u subsection 7c7 = an applicable facility 9 an indu/ry segm5t li/$ 9 p>agraph 7#d71 7#e71 or 7#i7 ( subsection 7d71 ! ,adm9i/rator %all impose & collect ! *>ge on ! report$ metric tons ( me?ane emissions t exce$ #j4aa p]c5t ( ! natural gas s5t to sale f or ?r\gh su* facility4 7#d7 ,common ,own]%ip or ,control ,9 calculat+ ! total emissions *>ge obligation = facilities "u common own]%ip or control1 ! ,adm9i/rator %all all[ = ! nett+ ( emissions by r$uc+ ! total obligation to acc\nt = facility emissions levels t are bel[ ! applicable ?re%olds )9 & across all applicable segm5ts id5tifi$ 9 subsection 7d74 7#e7 ,exemption ,*>ges %all n be impos$ pursuant to p>agraph 7#a7 on emissions t exce$ ! wa/e emissions ?re%old specifi$ 9 su* p>agraph if su* emissions are caus$ by unreasonable delay1 z det]m9$ by ! ,adm9i/rator1 9 environm5tal p]mitt+ ( ga!r+ or transmission infra/ructure necess>y = (ftake ( increas$ volume z a result ( me?ane emissions mitigation implem5tation4 7#f7 ,exemption = regulatory compliance 7,a7 ,9 g5]al ,*>ges %all n be impos$ pursuant to subsection 7c7 on an applicable facility t is subject to & 9 compliance ) me?ane emissions requirem5ts pursuant to subsections 7b7 & 7d7 ( section #aaa ^u a det]m9ation by ! ,adm9i/rator t-- 7i7 me?ane emissions /&>ds & plans pursuant to subsections 7b7 & 7d7 ( section #aaa h be5 approv$ & are 9 effect 9 all ,/ates ) respect to ! applicable facilities2 & 7ii7 compliance ) ! requirem5ts describ$ 9 clause 7i7 w result 9 equival5t or great] emissions r$uctions z w\ld be a*iev$ by ! propos$ rule ( ! ,adm9i/rator entitl$ ,/&>ds ( ,p]=mance = ,new1 ,recon/ruct$1 & ,modifi$ ,s\rces & ,emissions ,guidel9es = ,exi/+ ,s\rces3 ,oil & ,natural ,gas ,sector ,climate ,review 7#hf ,f$4 ,reg4 #fcaaj 7,novemb] #ae1 #bjba771 if su* rule _h be5 f9aliz$ & implem5t$4 7,b7 ,resumption ( *>ge ,if ! conditions 9 clause 7i7 or 7ii7 ( subp>agraph 7,a7 cease to apply aft] ! ,adm9i/rator has made ! det]m9ation 9 t subp>agraph1 ! applicable facility w aga9 be subject to ! *>ge "u subsection 7c7 beg9n+ 9 ! fir/ cal5d> ye> 9 :i* ! conditions 9 ei!r clause 7i7 or 7ii7 ( t subp>agraph are no long] met4 7#g7 ,plugg$ wells ,*>ges %all n be impos$ ) respect to ! emissions rate f any well t has be5 p]man5tly %ut-9 & plugg$ 9 ! previ\s ye> 9 accordance ) all applicable closure requirem5ts1 z det]m9$ by ! ,adm9i/rator4 7g7 ,p]iod ,! *>ge "u subsection 7c7 %all be impos$ & collect$ beg9n+ ) respect to emissions report$ = cal5d> ye> #bjbd & = ea* ye> !reaft]4 7h7 ,report+ ,n lat] ?an #b ye>s aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all revise ! requirem5ts ( subp>t ,w ( "p #ih ( title #dj1 ,code ( ,f$]al ,regulations1 to ensure ! report+ "u su* subp>t1 & calculation ( *>ges "u subsections 7e7 & 7f7 ( ?is section1 are bas$ on empirical data1 includ+ data collect$ pursuant to subsection 7a77#d71 accurately reflect ! total me?ane emissions & wa/e emissions f ! applicable facilities1 & all[ own]s & op]ators ( applicable facilities to submit empirical emissions data1 9 a mann] to be prescrib$ by ! ,adm9i/rator1 to demon/rate ! ext5t to :i* a *>ge "u subsection 7c7 is ow$4 7i7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 4 #fjaad4 ,climate ,pollution ,r$uction ,grants ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #acf ( su* ,act1 z add$ by section #fjaac ( ?is ,act1 ! foll[+3 #acg4 ,gre5h\se ,gas ,air ,pollution ,plans & ,implem5tation ,grants 7a7 ,appropriations 7#a7 ,gre5h\se gas air pollution plann+ grants ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any am\nts 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to c>ry out subsection 7b74 7#b7 ,gre5h\se gas air pollution implem5tation grants ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any am\nts 9 ! ,treasury n o!rwise appropriat$1 #d1gej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to c>ry out subsection 7c74 7#c7 ,adm9i/rative co/s ,( ! funds made available "u p>agraph 7#b71 ! ,adm9i/rator %all res]ve #c p]c5t = adm9i/rative co/s necess>y to c>ry out ?is section1 to provide te*nical assi/ance to eligible entities1 to develop a plan t c\ld be us$ z a model by grantees 9 develop+ a plan "u subsection 7b71 & to model ! effects ( plans describ$ 9 ?is section4 7b7 ,gre5h\se gas air pollution plann+ grants ,! ,adm9i/rator %all make a grant to at lea/ "o eligible entity 9 ea* ,/ate = ! co/s ( develop+ a plan = ! r$uction ( gre5h\se gas air pollution to be submitt$ ) an application = a grant "u subsection 7c74 ,ea* su* plan %all include programs1 policies1 measures1 & projects t w a*ieve or facilitate ! r$uction ( gre5h\se gas air pollution4 ,n lat] ?an #bgj days aft] ! date ( enactm5t ( ?is section1 ! ,adm9i/rator %all publi% a fund+ opportunity ann\ncem5t = grants "u ?is subsection4 7c7 ,gre5h\se gas air pollution r$uction implem5tation grants 7#a7 ,9 g5]al ,! ,adm9i/rator %all competitively aw>d grants to eligible entities to implem5t plans develop$ "u subsection 7b74 7#b7 ,application ,to apply = a grant "u ?is subsection1 an eligible entity %all submit to ! ,adm9i/rator an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,adm9i/rator %all require1 :i* su* application %all include in=mation reg>d+ ! degree to :i* gre5h\se gas air pollution is project$ to be r$uc$ 9 total & ) respect to l[-income & disadvantag$ communities4 7#c7 ,t]ms & conditions ,! ,adm9i/rator %all make funds available to a grantee "u ?is subsection 9 su* am\nts1 ^u su* a s*$ule1 & subject to su* conditions bas$ on its p]=mance 9 implem5t+ its plan submitt$ "u ?is section & 9 a*iev+ project$ gre5h\se gas air pollution r$uction1 z det]m9$ by ! ,adm9i/rator4 7d7 ,def9itions ,9 ?is section3 7#a7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a ,/ate2 7,b7 an air pollution control ag5cy2 7,c7 a municipality2 7,d7 an ,indian tribe2 & 7,e7 a gr\p ( "o or m entities li/$ 9 subp>agraphs 7,a7 ?r\gh 7,d74 7#b7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 4 #fjaae4 ,environm5tal ,protection ,ag5cy effici5t1 accurate1 & timely reviews ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #dj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to provide = ! developm5t ( effici5t1 accurate1 & timely reviews = p]mitt+ & approval processes ?r\gh ! hir+ & tra9+ ( p]sonnel1 ! developm5t ( programmatic docum5ts1 ! procurem5t ( te*nical or sci5tific s]vices = reviews1 ! developm5t ( environm5tal data or in=mation sy/ems1 /akehold] & community engagem5t1 ! pur*ase ( new equipm5t = environm5tal analysis1 & ! developm5t ( geographic in=mation sy/ems & o!r analysis tools1 te*niques1 & guidance to improve ag5cy transp>5cy1 acc\ntability1 & public engagem5t4 #fjaaf4 ,l[-embodi$ c>bon label+ = con/ruction mat]ials 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = necess>y adm9i/rative co/s ( ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy to c>ry out ?is section & to develop & c>ry out a program1 9 consultation ) ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration = con/ruction mat]ials us$ 9 transportation projects & ! ,adm9i/rator ( ,g5]al ,s]vices = con/ruction mat]ials us$ = ,f$]al build+s1 to id5tify & label con/ruction mat]ials & products t h sub/antially l[] levels ( embodi$ gre5h\se gas emissions associat$ ) all relevant /ages ( production1 use1 & disposal1 z comp>$ to e/imat$ indu/ry av]ages ( simil> mat]ials or products1 z det]m9$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 bas$ on-- 7#a7 environm5tal product decl>ations2 or 7#b7 det]m9ations by ,/ate ag5cies1 z v]ifi$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy4 7b7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 ,b ,haz>d\s ,mat]ials #fjbja4 ,environm5tal & climate ju/ice block grants ,! ,clean ,air ,act is am5d$ by ins]t+ aft] section #acg1 z add$ by subtitle ,a ( ?is title1 ! foll[+3 #ach4 ,environm5tal & climate ju/ice block grants 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$-- 7#a7 #b1hjj1jjj1jjj to rema9 available until ,septemb] #cj1 #bjbf1 to aw>d grants = ! activities describ$ 9 subsection 7b72 & 7#b7 #bjj1jjj1jjj to rema9 available until ,septemb] #cj1 #bjbf1 to provide te*nical assi/ance to eligible entities relat$ to grants aw>d$ "u ?is section4 7b7 ,grants 7#a7 ,9 g5]al ,! ,adm9i/rator %all use am\nts made available "u subsection 7a77#a7 to aw>d grants = p]iods ( up to #c ye>s to eligible entities to c>ry out activities describ$ 9 p>agraph 7#b7 t b5efit disadvantag$ communities1 z def9$ by ! ,adm9i/rator4 7#b7 ,eligible activities ,an eligible entity may use a grant aw>d$ "u ?is subsection =-- 7,a7 community-l$ air & o!r pollution monitor+1 prev5tion1 & rem$iation1 & inve/m5ts 9 l[- & z]o-emission & resili5t te*nologies & relat$ infra/ructure & work=ce developm5t t help r$uce gre5h\se gas emissions & o!r air pollutants2 7,b7 mitigat+ climate & heal? risks f urban heat isl&s1 extreme heat1 wood heat] emissions1 & wildfire ev5ts2 7,c7 climate resili5cy & adaptation2 7,d7 r$uc+ indoor toxics & indoor air pollution2 or 7,e7 facilitat+ engagem5t ( disadvantag$ communities 9 ,/ate & ,f$]al advisory gr\ps1 work%ops1 rulemak+s1 & o!r public processes4 7#c7 ,eligible entities ,9 ?is subsection1 ! t]m eligible entity means-- 7,a7 a p>tn]%ip betwe5-- 7i7 an ,indian tribe1 a local gov]nm5t1 or an in/itution ( high] education2 & 7ii7 a community-bas$ nonpr(it organization2 7,b7 a community-bas$ nonpr(it organization2 or 7,c7 a p>tn]%ip ( community-bas$ nonpr(it organizations4 7c7 ,adm9i/rative co/s ,! ,adm9i/rator %all res]ve #g p]c5t ( ! am\nts made available "u subsection 7a7 = adm9i/rative co/s to c>ry out ?is section4 7d7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 4 ,c ,unit$ ,/ates ,fi% & ,wildlife ,s]vice #fjcja4 ,endang]$ ,species ,act recov]y plans ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,unit$ ,/ates ,fi% & ,wildlife ,s]vice = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #abe1jjj1jjj1 to rema9 available until exp5d$1 = ! purposes ( develop+ & implem5t+ recov]y plans "u p>agraphs 7#a71 7#c71 & 7#d7 ( subsection 7f7 ( section #d ( ! ,endang]$ ,species ,act ( #aigc 7#af ,u4,s4,c4 #aecc7;f774 #fjcjb4 ,fund+ = ! ,unit$ ,/ates ,fi% & ,wildlife ,s]vice to address wea!r ev5ts 7a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,unit$ ,/ates ,fi% & ,wildlife ,s]vice = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aba1bej1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to make direct exp5ditures1 aw>d grants1 & ent] into contracts & coop]ative agreem5ts = ! purposes ( rebuild+ & re/or+ units ( ! ,national ,wildlife ,refuge ,sy/em & ,/ate wildlife managem5t areas by-- 7#a7 address+ ! ?reat ( invasive species2 7#b7 increas+ ! resili5cy & capacity ( habitats & infra/ructure to )/& wea!r ev5ts2 & 7#c7 r$uc+ ! am\nt ( damage caus$ by wea!r ev5ts4 7b7 ,adm9i/rative co/s ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,unit$ ,/ates ,fi% & ,wildlife ,s]vice = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #c1gej1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = necess>y adm9i/rative exp5ses associat$ ) c>ry+ out ?is section4 ,d ,c\ncil on ,environm5tal ,quality #fjdja4 ,environm5tal & climate data collection ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,*air ( ! ,c\ncil on ,environm5tal ,quality = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cb1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf-- 7#a7 to support data collection ef=ts relat+ to-- 7,a7 disproportionate negative environm5tal h>ms & climate impacts2 & 7,b7 cumulative impacts ( pollution & temp]ature rise2 7#b7 to e/abli%1 exp&1 & ma9ta9 ef=ts to track disproportionate burd5s & cumulative impacts & provide academic & work=ce support = analytics & in=matics infra/ructure & data collection sy/ems2 & 7#c7 to support ef=ts to ensure t any mapp+ or scre5+ tool is accessible to community-bas$ organizations & community memb]s4 #fjdjb4 ,c\ncil on environm5tal quality effici5t & effective environm5tal reviews ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,*air ( ! ,c\ncil on ,environm5tal ,quality = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to c>ry out ! ,c\ncil on ,environm5tal ,quality's functions & = ! purposes ( tra9+ p]sonnel1 develop+ programmatic environm5tal docum5ts1 & develop+ tools1 guidance1 & te*niques to improve /akehold] & community engagem5t4 ,e ,transportation & ,infra/ructure #fjeja4 ,neighborhood access & equity grant program 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #agg4 ,neighborhood access & equity grant program 7a7 ,9 ,g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #a1hic1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration = competitive grants to eligible entities describ$ 9 subsection 7b7-- 7#a7 to improve walkability1 safety1 & af=dable transportation access ?r\gh projects t are context-s5sitive-- 7,a7 to remove1 rem$iate1 or reuse a facility describ$ 9 subsection 7c77#a72 7,b7 to replace a facility describ$ 9 subsection 7c77#a7 ) a facility t is at-grade or l[] spe$2 7,c7 to retr(it or cap a facility describ$ 9 subsection 7c77#a72 7,d7 to build or improve complete /reets1 multiuse trails1 regional gre5ways1 or active transportation networks & sp9es2 or 7,e7 to provide af=dable access to ess5tial de/9ations1 public spaces1 or transportation l9ks & hubs2 7#b7 to mitigate or rem$iate negative impacts on ! human or natural environm5t result+ f a facility describ$ 9 subsection 7c77#b7 9 a disadvantag$ or und]s]v$ community ?r\gh-- 7,a7 noise b>ri]s to r$uce impacts result+ f a facility describ$ 9 subsection 7c77#b72 7,b7 te*nologies1 infra/ructure1 & activities to r$uce surface transportation-relat$ gre5h\se gas emissions & o!r air pollution2 7,c7 natural infra/ructure1 p]vi\s1 p]meable1 or por\s pavem5t1 or protective features to r$uce or manage /ormwat] run-(f result+ f a facility describ$ 9 subsection 7c77#b72 7,d7 infra/ructure & natural features to r$uce or mitigate urban heat isl& hot spots 9 ! transportation "r-(-way or on surface transportation facilities2 or 7,e7 safety improvem5ts = vuln]able road us]s2 & 7#c7 = plann+ & capacity build+ activities 9 disadvantag$ or und]s]v$ communities to-- 7,a7 id5tify1 monitor1 or assess local & ambi5t air quality1 emissions ( transportation gre5h\se gases1 hot spot areas ( extreme heat or elevat$ air pollution1 gaps 9 tree canopy cov]age1 or flood prone transportation infra/ructure2 7,b7 assess transportation equity or pollution impacts & develop local anti-displacem5t policies & community b5efit agreem5ts2 7,c7 conduct pr$evelopm5t activities = projects eligible "u ?is subsection2 7,d7 exp& public p>ticipation 9 transportation plann+ by individuals & organizations 9 disadvantag$ or und]s]v$ communities2 or 7,e7 adm9i/] or obta9 te*nical assi/ance relat$ to activities describ$ 9 ?is subsection4 7b7 ,eligible entities describ$ ,an eligible entity ref]r$ to 9 subsection 7a7 is-- 7#a7 a ,/ate2 7#b7 a unit ( local gov]nm5t2 7#c7 a political subdivision ( a ,/ate2 7#d7 an entity describ$ 9 section #bjg7m77#a77;,e72 7#e7 a t]ritory ( ! ,unit$ ,/ates2 7#f7 a special purpose di/rict or public au?ority ) a transportation function2 7#g7 a metropolitan plann+ organization 7z def9$ 9 section #acd7;b77#b772 or 7#h7 ) respect to a grant describ$ 9 subsection 7a77#c71 9 addition to an eligible entity describ$ 9 p>agraphs 7#a7 ?r\gh 7#g71 a nonpr(it organization or in/itution ( high] education t has ent]$ into a p>tn]%ip ) an eligible entity describ$ 9 p>agraphs 7#a7 ?r\gh 7#g74 7c7 ,facility describ$ ,a facility ref]r$ to 9 subsection 7a7 is-- 7#a7 a surface transportation facility = :i* high spe$s1 grade sep>ation1 or o!r design factors create an ob/acle to connectivity )9 a community2 or 7#b7 a surface transportation facility :i* is a s\rce ( air pollution1 noise1 /ormwat]1 or o!r burd5 to a disadvantag$ or und]s]v$ community4 7d7 ,inve/m5t 9 economically disadvantag$ communities 7#a7 ,9 g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #a1bfb1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration to provide grants = projects 9 communities describ$ 9 p>agraph 7#b7 = ! same purposes & adm9i/]$ 9 ! same mann] z describ$ 9 subsection 7a74 7#b7 ,communities describ$ ,a community ref]r$ to 9 p>agraph 7#a7 is a community t-- 7,a7 is economically disadvantag$1 und]s]v$1 or locat$ 9 an area ( p]si/5t pov]ty2 7,b7 has ent]$ or w ent] into a community b5efits agreem5t ) repres5tatives ( ! community2 7,c7 has an anti-displacem5t policy1 a community l& tru/1 or a community advisory bo>d 9 effect2 or 7,d7 has demon/rat$ a plan = employ+ local resid5ts 9 ! area impact$ by ! activity or project propos$ "u ?is section4 7e7 ,adm9i/ration 7#a7 ,9 g5]al ,a project c>ri$ out "u subsection 7a7 or 7d7 %all be treat$ z a project on a ,f$]al-aid highway4 7#b7 ,compliance ) exi/+ requirem5ts ,funds made available = a grant "u ?is section & adm9i/]$ by or ?r\gh a ,/ate dep>tm5t ( transportation %all be exp5d$ 9 compliance ) ! ,u4,s4 ,dep>tm5t ( ,transportation's ,disadvantag$ ,bus9ess ,ent]prise ,program4 7f7 ,co/ %>e ,! ,f$]al %>e ( ! co/ ( an activity c>ri$ out us+ a grant aw>d$ "u ?is section %all be n m ?an #hj p]c5t1 except t ! ,f$]al %>e ( ! co/ ( a project 9 a disadvantag$ or und]s]v$ community may be up to #ajj p]c5t4 7g7 ,te*nical assi/ance ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration =-- 7#a7 guidance1 te*nical assi/ance1 templates1 tra9+1 or tools to facilitate effici5t & effective contract+1 design1 & project deliv]y by units ( local gov]nm5t2 7#b7 subgrants to units ( local gov]nm5t to build capacity ( su* units ( local gov]nm5t to assume responsibilities to deliv] surface transportation projects2 & 7#c7 op]ations & adm9i/ration ( ! ,f$]al ,highway ,adm9i/ration4 7h7 ,limitations ,am\nts made available "u ?is section %all n-- 7#a7 be subject to any re/riction or limitation on ! total am\nt ( funds available = implem5tation or execution ( programs au?oriz$ = ,f$]al-aid highways2 & 7#b7 be us$ = a project = additional ?r\gh travel lanes = s+le-occupant pass5g] vehicles4 4 7b7 ,cl]ical am5dm5t ,! analysis = *apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is am5d$ by add+ at ! end ! foll[+3 #agg4 ,neighborhood access & equity grant program4 4 #fjejb4 ,assi/ance = ,f$]al build+s ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to be deposit$ 9 ! ,f$]al ,build+s ,fund e/abli%$ "u section #eib ( title #dj1 ,unit$ ,/ates ,code1 = measures necess>y to conv]t facilities ( ! ,adm9i/rator ( ,g5]al ,s]vices to high-p]=mance gre5 build+s 7z def9$ 9 section #dja ( ! ,en]gy ,indep5d5ce & ,security ,act ( #bjjg 7#db ,u4,s4,c4 #agjfa774 #fjejc4 ,use ( l[-c>bon mat]ials 7a7 ,appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1aej1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to be deposit$ 9 ! ,f$]al ,build+s ,fund e/abli%$ "u section #eib ( title #dj1 ,unit$ ,/ates ,code1 to acquire & in/all mat]ials & products = use 9 ! con/ruction or alt]ation ( build+s "u ! jurisdiction1 cu/ody1 & control ( ! ,g5]al ,s]vices ,adm9i/ration t h sub/antially l[] levels ( embodi$ gre5h\se gas emissions associat$ ) all relevant /ages ( production1 use1 & disposal z comp>$ to e/imat$ indu/ry av]ages ( simil> mat]ials or products1 z det]m9$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy4 7b7 ,def9ition ( gre5h\se gas ,9 ?is section1 ! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 #fjejd4 ,g5]al ,s]vices ,adm9i/ration em]g+ te*nologies ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,adm9i/rator ( ,g5]al ,s]vices = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ige1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to be deposit$ 9 ! ,f$]al ,build+s ,fund e/abli%$ "u section #eib ( title #dj1 ,unit$ ,/ates ,code1 = em]g+ & su/a9able te*nologies1 & relat$ su/a9ability & environm5tal programs4 #fjeje4 ,environm5tal review implem5tation funds 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is fur!r am5d$ by add+ at ! end ! foll[+3 #agh4 ,environm5tal review implem5tation funds 7a7 ,e/abli%m5t ,9 addition to am\nts o!rwise available1 = fiscal ye> #bjbb1 !re is appropriat$ to ! ,adm9i/rator1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ajj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ! purpose ( facilitat+ ! developm5t & review ( docum5ts = ! environm5tal review process = propos$ projects ?r\gh-- 7#a7 ! provision ( guidance1 te*nical assi/ance1 templates1 tra9+1 or tools to facilitate an effici5t & effective environm5tal review process = surface transportation projects & any adm9i/rative exp5ses ( ! ,f$]al ,highway ,adm9i/ration to conduct activities describ$ 9 ?is section2 & 7#b7 provid+ funds made available "u ?is subsection to eligible entities-- 7,a7 to build capacity ( su* eligible entities to conduct environm5tal review processes2 7,b7 to facilitate ! environm5tal review process = propos$ projects by-- 7i7 def9+ ! scope or /udy areas2 7ii7 id5tify+ impacts1 mitigation measures1 & reasonable alt]natives2 7iii7 prep>+ plann+ & environm5tal /udies & o!r docum5ts prior to & dur+ ! environm5tal review process1 = pot5tial use 9 ! environm5tal review process 9 accordance ) applicable /atutes & regulations2 7iv7 conduct+ public engagem5t activities2 & 7v7 c>ry+ out p]mitt+ or o!r activities1 z ! ,adm9i/rator det]m9es to be appropriate1 to support ! timely completion ( an environm5tal review process requir$ = a propos$ project2 & 7,c7 = adm9i/rative exp5ses ( ! eligible entity to conduct any ( ! activities describ$ 9 subp>agraphs 7,a7 & 7,b74 7b7 ,co/ %>e 7#a7 ,9 g5]al ,! ,f$]al %>e ( ! co/ ( an activity c>ri$ out "u ?is section by an eligible entity %all be n m ?an #hj p]c5t4 7#b7 ,s\rce ( funds ,! non-,f$]al %>e ( ! co/ ( an activity c>ri$ out "u ?is section by an eligible entity may be satisfi$ us+ funds made available to ! eligible entity "u any o!r ,f$]al1 ,/ate1 or local grant program4 7c7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration4 7#b7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a ,/ate2 7,b7 a unit ( local gov]nm5t2 7,c7 a political subdivision ( a ,/ate2 7,d7 a t]ritory ( ! ,unit$ ,/ates2 7,e7 an entity describ$ 9 section #bjg7m77#a77;,e72 7,f7 a recipi5t ( funds "u section #bjc2 or 7,g7 a metropolitan plann+ organization 7z def9$ 9 section #acd7;b77#b774 7#c7 ,environm5tal review process ,! t]m environm5tal review process has ! mean+ giv5 ! t]m 9 section #aci7;a77#e74 7#d7 ,propos$ project ,! t]m propos$ project means a surface transportation project = :i* an environm5tal review process is requir$4 4 7b7 ,cl]ical am5dm5t ,! analysis = *apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is fur!r am5d$ by add+ at ! end ! foll[+3 #agh4 ,environm5tal review implem5tation funds4 4 #fjejf4 ,l[-c>bon transportation mat]ials grants 7a7 ,9 g5]al ,*apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is fur!r am5d$ by add+ at ! end ! foll[+3 #agi4 ,l[-c>bon transportation mat]ials grants 7a7 ,f$]al highway adm9i/ration appropriation ,9 addition to am\nts o!rwise available1 !re is appropriat$ = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #b1jjj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 to ! ,adm9i/rator to reimburse or provide inc5tives to eligible recipi5ts = ! use1 9 projects1 ( con/ruction mat]ials & products t h sub/antially l[] levels ( embodi$ gre5h\se gas emissions associat$ ) all relevant /ages ( production1 use1 & disposal z comp>$ to e/imat$ indu/ry av]ages ( simil> mat]ials or products1 z det]m9$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy1 & = ! op]ations & adm9i/ration ( ! ,f$]al ,highway ,adm9i/ration to c>ry out ?is section4 7b7 ,reimbursem5t ( increm5tal co/s2 inc5tives 7#a7 ,9 g5]al ,! ,adm9i/rator %all1 subject to ! availability ( funds1 ei!r reimburse or provide inc5tives to eligible recipi5ts t use l[-embodi$ c>bon con/ruction mat]ials & products on a project fund$ "u ?is title4 7#b7 ,reimbursem5t & inc5tive am\nts 7,a7 ,increm5tal am\nt ,! am\nt ( reimbursem5t "u p>agraph 7#a7 %all be equal to ! increm5tally high] co/ ( us+ su* mat]ials relative to ! co/ ( us+ traditional mat]ials1 z det]m9$ by ! eligible recipi5t & v]ifi$ by ! ,adm9i/rator4 7,b7 ,inc5tive am\nt ,! am\nt ( an inc5tive "u p>agraph 7#a7 %all be equal to #b p]c5t ( ! co/ ( us+ l[-embodi$ c>bon con/ruction mat]ials & products on a project fund$ "u ?is title4 7#c7 ,f$]al %>e ,if a reimbursem5t or inc5tive is provid$ "u p>agraph 7#a71 ! total ,f$]al %>e payable = ! project = :i* ! reimbursem5t or inc5tive is provid$ %all be up to #ajj p]c5t4 7#d7 ,limitations 7,a7 ,9 g5]al ,! ,adm9i/rator %all only provide a reimbursem5t or inc5tive "u p>agraph 7#a7 = a project on a-- 7i7 ,f$]al-aid highway2 7ii7 tribal transportation facility2 7iii7 ,f$]al l&s transportation facility2 or 7iv7 ,f$]al l&s access transportation facility4 7,b7 ,o!r re/rictions ,am\nts made available "u ?is section %all n be subject to any re/riction or limitation on ! total am\nt ( funds available = implem5tation or execution ( programs au?oriz$ = ,f$]al-aid highways4 7,c7 ,s+le occupant pass5g] vehicles ,funds made available "u ?is section %all n be us$ = projects t result 9 additional ?r\gh travel lanes = s+le occupant pass5g] vehicles4 7#e7 ,mat]ials id5tification ,! ,adm9i/rator %all review ! l[-embodi$ c>bon con/ruction mat]ials & products id5tifi$ by ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy & %all id5tify l[-embodi$ c>bon con/ruction mat]ials & products-- 7,a7 appropriate = use 9 projects eligible "u ?is title2 & 7,b7 eligible = reimbursem5t or inc5tives "u ?is section4 7c7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,f$]al ,highway ,adm9i/ration4 7#b7 ,eligible recipi5t ,! t]m eligible recipi5t means-- 7,a7 a ,/ate2 7,b7 a unit ( local gov]nm5t2 7,c7 a political subdivision ( a ,/ate2 7,d7 a t]ritory ( ! ,unit$ ,/ates2 7,e7 an entity describ$ 9 section #bjg7m77#a77;,e72 7,f7 a recipi5t ( funds "u section #bjc2 7,g7 a metropolitan plann+ organization 7z def9$ 9 section #acd7;b77#b772 or 7,h7 a special purpose di/rict or public au?ority ) a transportation function4 7#c7 ,gre5h\se gas ,! t]m gre5h\se gas means ! air pollutants c>bon dioxide1 hydr(luoroc>bons1 me?ane1 nitr\s oxide1 p]fluoroc>bons1 & sulfur hexafluoride4 4 7b7 ,cl]ical am5dm5t ,! analysis = *apt] #a ( title #bc1 ,unit$ ,/ates ,code1 is fur!r am5d$ by add+ at ! end ! foll[+3 #agi4 ,l[-c>bon transportation mat]ials grants4 4 ,,vii ,committee on ,homel& ,security & ,gov]nm5tal ,affairs #gjjja4 ,,dhs ,(fice ( ,*ief ,read9ess ,support ,(fic] ,9 addition to ! am\nts o!rwise available1 !re is appropriat$ to ! ,secret>y ( ,homel& ,security = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ejj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbh1 = ! ,(fice ( ! ,*ief ,read9ess ,support ,(fic] to c>ry out su/a9ability & environm5tal programs4 #gjjjb4 ,unit$ ,/ates ,po/al ,s]vice clean fleets ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,unit$ ,/ates ,po/al ,s]vice = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 ! foll[+ am\nts1 to be deposit$ into ! ,po/al ,s]vice ,fund e/abli%$ "u section #bjjc ( title #ci1 ,unit$ ,/ates ,code3 7#a7 #a1bij1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = ! pur*ase ( z]o-emission deliv]y vehicles4 7#b7 #a1gaj1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 = ! pur*ase1 design1 & in/allation ( ! requisite infra/ructure to support z]o-emission deliv]y vehicles at facilities t ! ,unit$ ,/ates ,po/al ,s]vice owns or leases f non-,f$]al entities4 #gjjjc4 ,unit$ ,/ates ,po/al ,s]vice ,(fice ( ,inspector ,g5]al ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,(fice ( ,inspector ,g5]al ( ! ,unit$ ,/ates ,po/al ,s]vice = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ae1jjj1jjj1 to rema9 available ?r\gh ,septemb] #cj1 #bjca1 to support ov]sight ( ,unit$ ,/ates ,po/al ,s]vice activities implem5t$ pursuant to ?is ,act4 #gjjjd4 ,gov]nm5t ,acc\ntability ,(fice ov]sight ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,comptroll] ,g5]al ( ! ,unit$ ,/ates = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #be1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = necess>y exp5ses ( ! ,gov]nm5t ,acc\ntability ,(fice to support ! ov]sight (-- 7#a7 ! di/ribution & use ( funds appropriat$ "u ?is ,act2 & 7#b7 :e!r ! economic1 social1 & environm5tal impacts ( ! funds describ$ 9 p>agraph 7#a7 are equitable4 #gjjje4 ,(fice ( ,managem5t & ,budget ov]sight ,9 addition to am\nts o!rwise available1 !re are appropriat$ to ! ,director ( ! ,(fice ( ,managem5t & ,budget = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #be1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = necess>y exp5ses to-- 7#a7 ov]see ! implem5tation ( ?is ,act2 & 7#b7 track labor1 equity1 & environm5tal /&>ds & p]=mance4 #gjjjf4 ,,fema build+ mat]ials program ,?r\gh ,septemb] #cj1 #bjbf1 ! ,adm9i/rator ( ! ,f$]al ,em]g5cy ,managem5t ,ag5cy may provide f9ancial assi/ance "u sections #bjc7;h71 #djd7;a71 & #djf7;b7 ( ! ,rob]t ,t4 ,/af=d ,disa/] ,relief & ,em]g5cy ,assi/ance ,act 7#db ,u4,s4,c4 #eacc7;h71 #db ,u4,s4,c4 #eagj;c7a71 #db ,u4,s4,c4 #eagb7;b77 =-- 7#a7 co/s associat$ ) l[-c>bon mat]ials2 & 7#b7 inc5tives t enc\rage l[-c>bon & net-z]o en]gy projects4 #gjjjg4 ,f$]al ,p]mitt+ ,improvem5t ,/e]+ ,c\ncil ,environm5tal ,review ,improvem5t ,fund m&atory fund+ ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,f$]al ,p]mitt+ ,improvem5t ,/e]+ ,c\ncil ,environm5tal ,review ,improvem5t ,fund1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #cej1jjj1jjj = fiscal ye> #bjbc1 to rema9 available ?r\gh ,septemb] #cj1 #bjca4 ,,viii ,committee on ,indian ,affairs #hjjja4 ,tribal climate resili5ce 7a7 ,tribal climate resili5ce & adaptation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,director ( ! ,bureau ( ,indian ,affairs = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bbj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ,tribal climate resili5ce & adaptation programs4 7b7 ,bureau ( indian affairs fi% hat*]ies ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,director ( ! ,bureau ( ,indian ,affairs = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #aj1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = fi% hat*]y op]ations & ma9t5ance programs ( ! ,bureau ( ,indian ,affairs4 7c7 ,adm9i/ration ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,director ( ! ,bureau ( ,indian ,affairs = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #e1jjj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! adm9i/rative co/s ( c>ry+ out ?is section4 7d7 ,co/-%>+ & mat*+ requirem5ts ,none ( ! funds provid$ by ?is section %all be subject to co/-%>+ or mat*+ requirem5ts4 7e7 ,small & ne$y program ,am\nts made available "u ?is section %all be exclud$ f ! calculation ( funds receiv$ by ^? ,tribal gov]nm5ts t p>ticipate 9 ! ,small & ,ne$y program4 7f7 ,di/ribution2 use ( funds ,am\nts made available "u ?is section t are di/ribut$ to ,indian ,tribes & ,tribal organizations = s]vices pursuant to a self-det]m9ation contract 7z def9$ 9 subsection 7j7 ( section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd7;j777 or a self-gov]nance compact ent]$ into pursuant to subsection 7a7 ( section #djd ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecfd7;a77-- 7#a7 %all be di/ribut$ on a #a-"t basis2 7#b7 %all n be "p ( ! am\nt requir$ by subsections 7a7 ?r\gh 7b7 ( section #ajf ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecbe7;a7-7b772 & 7#c7 %all only be us$ = ! purposes id5tifi$ "u ! applicable subsection4 #hjjjb4 ,native hawaiian climate resili5ce 7a7 ,native hawaiian climate resili5ce & adaptation ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,s5ior ,program ,director ( ! ,(fice ( ,native ,hawaiian ,relations = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #bc1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 to c>ry out1 ?r\gh f9ancial assi/ance1 te*nical assi/ance1 direct exp5diture1 grants1 contracts1 or coop]ative agreem5ts1 climate resili5ce & adaptation activities t s]ve ! ,native ,hawaiian ,community4 7b7 ,adm9i/ration ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,s5ior ,program ,director ( ! ,(fice ( ,native ,hawaiian ,relations = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #a1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! adm9i/rative co/s ( c>ry+ out ?is section4 7c7 ,co/-%>+ & mat*+ requirem5ts ,none ( ! funds provid$ by ?is section %all be subject to co/-%>+ or mat*+ requirem5ts4 #hjjjc4 ,tribal electrification program 7a7 ,tribal electrification program ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,director ( ! ,bureau ( ,indian ,affairs = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ade1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 =-- 7#a7 ! provision ( electricity to unelectrifi$ ,tribal homes ?r\gh z]o-emissions en]gy sy/ems2 7#b7 transition+ electrifi$ ,tribal homes to z]o-emissions en]gy sy/ems2 & 7#c7 associat$ home repairs & retr(itt+ necess>y to in/all ! z]o-emissions en]gy sy/ems au?oriz$ "u p>agraphs 7#a7 & 7#b74 7b7 ,adm9i/ration ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,director ( ! ,bureau ( ,indian ,affairs = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #d1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjca1 = ! adm9i/rative co/s ( c>ry+ out ?is section4 7c7 ,co/-%>+ & mat*+ requirem5ts ,none ( ! funds provid$ by ?is section %all be subject to co/-%>+ or mat*+ requirem5ts4 7d7 ,small & ne$y program ,am\nts made available "u ?is section %all be exclud$ f ! calculation ( funds receiv$ by ^? ,tribal gov]nm5ts t p>ticipate 9 ! ,small & ,ne$y program4 7e7 ,di/ribution2 use ( funds ,am\nts made available "u ?is section t are di/ribut$ to ,indian ,tribes & ,tribal organizations = s]vices pursuant to a self-det]m9ation contract 7z def9$ 9 subsection 7j7 ( section #d ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecjd7;j777 or a self-gov]nance compact ent]$ into pursuant to subsection 7a7 ( section #djd ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecfd7;a77-- 7#a7 %all be di/ribut$ on a #a-"t basis2 7#b7 %all n be "p ( ! am\nt requir$ by subsections 7a7 ?r\gh 7b7 ( section #ajf ( ! ,indian ,self-,det]m9ation & ,education ,assi/ance ,act 7#be ,u4,s4,c4 #ecbe7;a7-7b772 & 7#c7 %all only be us$ = ! purposes id5tifi$ "u ! applicable subsection4 #hjjjd4 ,em]g5cy dr\ght relief = ,tribes 7a7 ,em]g5cy dr\ght relief = ,tribes ,9 addition to am\nts o!rwise available1 !re is appropriat$ to ! ,commission] ( ! ,bureau ( ,reclamation = fiscal ye> #bjbb1 out ( any money 9 ! ,treasury n o!rwise appropriat$1 #ab1ejj1jjj1 to rema9 available until ,septemb] #cj1 #bjbf1 = ne>-t]m dr\ght relief actions to mitigate dr\ght impacts = ,indian ,tribes t are impact$ by ! op]ation ( a ,bureau ( ,reclamation wat] project1 includ+ ?r\gh direct f9ancial assi/ance to address dr9k+ wat] %ortages & to mitigate ! loss ( ,tribal tru/ res\rces4 7b7 ,co/-%>+ & mat*+ requirem5ts ,none ( ! funds provid$ by ?is section %all be subject to co/-%>+ or mat*+ requirem5ts4 ,secret>y