,,ii  #aag? ,,congress  #a/ ,session    
,s4 #ajcd  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,m>* #be1 #bjba,mr4    
,coons 7= himself1 ,mr4 ,moran1 ,mr4    
,k+1 ,mr4 ,c>p]1 ,ms4 ,ern/1 ,ms4       
,coll9s1 ,mr4 ,w>n]1 ,mr4 ,braun1 ,ms4  
,/ab5[1 ,mr4 ,crapo1 & ,mr4 ,b5net7     
introduc$ ! foll[+ bill2 :i* 0 read     
twice & ref]r$ to ! ,committee on       
,f9ance  ,a ,,bill  ,to am5d ! ,int]nal 
,rev5ue ,code ( #aihf to ext5d !        
publicly trad$ p>tn]%ip own]%ip /ructure
 to en]gy p[] g5]ation projects &       
transportation fuels1 & = o!r purposes4 
#a4 ,%ort title ,?is ,act may be cit$ z 
! ,f9anc+ ,our ,en]gy ,future ,act4  #b4
 ,gre5 en]gy publicly trad$ p>tn]%ips   
7a7 ,9 g5]al ,section #ggjd7;d77#a77;,e7
 ( ! ,int]nal ,rev5ue ,code ( #aihf is  
am5d$-- 7#a7 by /rik+ income & ga9s     
d]iv$ f ! exploration & ins]t+ income & 
ga9s d]iv$ f-- 7i7 ! exploration  1     
7#b7 by ins]t+ or be=e indu/rial s\rce1 
&  7#c7 by /rik+ 1 or ! transportation  
or /orage & all t foll[s & ins]t+ !     

foll[+3  7ii7 ! g5]ation ( electric p[] 
or !rmal en]gy exclusively us+ any      
qualifi$ en]gy res\rce 7z def9$ 9       
section #de7;c77#a771  7iii7 ! op]ation 
( en]gy prop]ty 7z def9$ 9 section      
#dh7;a77#c71 det]m9$ )\t reg>d to any   
date by :i* ! con/ruction ( ! facility  
is requir$ to beg971  7iv7 9 ! case ( a 
facility describ$ 9 p>agraph 7#c7 or    
7#g7 ( section #de7;d7 7det]m9$ )\t     
reg>d to any plac$ 9 s]vice date or date
 by :i* con/ruction ( ! facility is     
requir$ to beg971 ! accept+ or process+ 
( op5-loop biomass or municipal solid   
wa/e1  7v7 ! /orage ( electric p[] or   
!rmal en]gy exclusively us+ equipm5t    
7o!r ?an equipm5t prim>ily us$ 9 !      
transportation ( goods or individuals & 
n = ! production ( electricity7 :i*--   
7,i7 uses batt]ies1 compress$ air1 pump$
 hydrop[]1 hydrog5 /orage 7includ+      
hydrolysis & electrolysis71 !rmal en]gy 
/orage1 reg5]ative fuel cells1 fly:eels1
 capacitors1 sup]conduct+ magnets1 or   
o!r te*nologies id5tifi$ by ! ,secret>y1

 aft] consultation ) ! ,secret>y (      
,en]gy1 to /ore en]gy = conv]sion to    
electricity & has a capacity ( n less   
?an #e kil[att h\rs1 or  7,,ii7 /ores   
!rmal en]gy to heat or cool 7or provide 
hot wat] = use 97 a /ructure 7o!r ?an = 
use 9 a swimm+ pool71  7vi7 ! g5]ation1 
/orage1 or di/ribution ( electric p[] or
 !rmal en]gy exclusively us+ en]gy      
prop]ty t is comb9$ heat & p[] sy/em    
prop]ty 7z def9$ 9 section #dh7;c77#c71 
det]m9$ )\t reg>d to subp>agraph        
7,b77iii7 !re( & )\t reg>d to any date  
by :i* ! con/ruction ( ! facility is    
requir$ to beg971  7vii7 !              
transportation or /orage ( any fuel     
describ$ 9 subsection 7b71 7c71 7d71 or 
7e7 ( section #fdbf1  7viii7 ! conv]sion
 ( r5ewable biomass 7z def9$ 9          
subp>agraph 7,i7 ( section #baa7o77#a7 (
 ! ,clean ,air ,act 7z 9 effect on !    
date ( ! enactm5t ( ?is clause77 into   
r5ewable fuel 7z def9$ 9 subp>agraph    
7,j7 ( su* section z s 9 effect71 or !  
/orage or transportation ( su* fuel1    

7ix7 ! production1 /orage1 or           
transportation ( any fuel :i*-- 7,i7    
uses z its prim>y fe$/ock c>bon oxides  
captur$ f an an?ropog5ic s\rce or !     
atmosph]e1  7,,ii7 does n use z its     
prim>y fe$/ock c>bon oxide :i* is       
delib]ately releas$ f naturally occurr+ 
subsurface spr+s1 &  7,,iii7 is det]m9$ 
by ! ,secret>y1 aft] consultation ) !   
,secret>y ( ,en]gy & ! ,adm9i/rator ( ! 
,environm5tal ,protection ,ag5cy1 to    
a*ieve a r$uction ( n less ?an a #fj    
p]c5t 9 lifecycle gre5h\se gas emissions
 7z def9$ 9 section #baa7o77#a77;,h7 ( !
 ,clean ,air ,act1 z 9 effect on ! date 
( ! enactm5t ( ?is clause7 comp>$ to    
basel9e lifecycle gre5h\se gas emissions
 7z def9$ 9 section #baa7o77#a77;,c7 (  
su* ,act1 z s 9 effect71  7x7 ! g5]ation
 ( electric p[] f a qualify+            
gasification project 7z def9$ 9 section 
#dh;,b7c77#a7 )\t reg>d to subp>agraph  
7,c77 t is describ$ 9 section           
#dh;,b7d77#a77;,b71  7xi7 9 ! case ( a  
qualifi$ facility 7z def9$ 9 section    

#de,q7d71 )\t reg>d to any date by :i*  
con/ruction ( ! facility is requir$ to  
beg97 n less ?an #ej p]c5t 7#cj p]c5t 9 
! case ( a facility plac$ 9 s]vice be=e 
,janu>y #a1 #bjbb7 ( ! total c>bon oxide
 production ( :i* is qualifi$ c>bon     
oxide 7z def9$ 9 section #de,q7c77--    
7,i7 ! g5]ation1 availability = su*     
g5]ation1 or /orage ( electric p[] at   
su* facility1 or  7,,ii7 ! capture (    
c>bon dioxide by su* facility1  7xii7 ! 
g5]ation ( electric p[] or en]gy f any  
advanc$ nucle> facility 7z def9$ 9      
section #de;,j7d77#b71 det]m9$ by       
sub/itut+ ,decemb] #ca1 #bjah = ,decemb]
 #ca1 #aiic71 or  7xiii7 ! production1  
/orage1 or transportation ( any r5ewable
 *emical :i*-- 7,i7 is produc$ 9 !      
,unit$ ,/ates 7or 9 a t]ritory or       
possession ( ! ,unit$ ,/ates7 f r5ewable
 biomass1  7,,ii7 is n less ?an #ie     
p]c5t biobas$ cont5t1  7,,iii7 is n sold
 or us$ = ! production ( any food1 fe$1 
fuel1 or ph>maceuticals1  7,,iv7 is     
approv$ to use ! ,,usda ,c]tifi$        

,biobas$ ,product label "u section      
#ijjb7;b7 ( ! ,f>m ,security & ,rural   
,inve/m5t ,act ( #bjjb 7#g ,u4,s4,c4    
#hajb7;b771 &  7,v7 is a *emical        
int]m$iate 7z su* t]m is def9$ 9 section
 #cbja4aji ( title #g1 ,code ( ,f$]al   
,regulations 7or successor              
regulations771  4  7b7 ,effective date  
,! am5dm5ts made by ?is section %all    
apply to taxable ye>s beg9n+ aft]       
,decemb] #ca1 #bjba4