,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #cbia  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,may #h1 #bjbe,mrs4   
,kiggans ( ,virg9ia 7= h]self1 ,mr4     
,g>b>9o1 ,mr4 ,valadao1 ,mr4 ,ne:\se1 & 
,mr4 ,amodei ( ,nevada7 introduc$ !     
foll[+ bill2 :i* 0 ref]r$ to !          
,committee on ,ways & ,means  ,a ,,bill 
,to am5d ! ,int]nal ,rev5ue ,code (     
#aihf to t]m9ate ! clean electricity    
production cr$it & clean electricity    
inve/m5t cr$it ) respect to c]ta9       
te*nologies1 & = o!r purposes4  #a4     
,%ort title  ,?is ,act may be cit$ z !  
,c]ta9ty = ,our ,en]gy ,future ,act4    
#b4 ,t]m9ation ( clean electricity      
production cr$it ) respect to c]ta9     
te*nologies  7a7 ,9 g5]al ,section      
#de,y7d7 ( ! ,int]nal ,rev5ue ,code (   
#aihf is am5d$ by add+ at ! end ! foll[+
 new p>agraphs3  7#d7 ,special rule =   
w9d & sol> en]gy ,! t]m qualifi$        
facility %all n include any facility us$
 = ! g5]ation ( electricity us+ w9d or  
sol> en]gy ! con/ruction ( :i* beg9s    

aft] ,decemb] #ca1 #bjcj4  7#e7  ,beg9n+
 ( con/ruction def9ition  ,= purposes ( 
det]m9+ :5 con/ruction beg9s = purposes 
( ?is section1 pr9ciples simil> to ^? "u
 ,notice #bjac-bi1 #bjac-bj ,i4,r4,b4   
#ajhe1 & any subsequ5t guidance cl>ify+1
 modify+1 or updat+ su* notice1 z 9     
effect on ,janu>y #a1 #bjbe1 includ+ !  
,physical ,"w ,te/1 ,five ,p]c5t ,safe  
,h>bor1 ,cont9uity ,requirem5t1 &       
,cont9uity ,safe ,h>bor1 %all apply4  4 
7b7 ,effective date ,! am5dm5t made by  
?is section %all take effect on ,janu>y 
#a1 #bjbf4  #c4 ,t]m9ation ( clean      
electricity inve/m5t cr$it ) respect to 
c]ta9 te*nologies  7a7 ,9 g5]al ,section
 #dh;,e7e7 ( ! ,int]nal ,rev5ue ,code ( 
#aihf is am5d$ by add+ at ! end ! foll[+
 new p>agraphs3  7#d7 ,special rule =   
w9d & sol> en]gy ,! t]m qualifi$        
facility %all n include any facility us$
 = ! g5]ation ( electricity us+ w9d or  
sol> en]gy ! con/ruction ( :i* beg9s    
aft] ,decemb] #ca1 #bjcj4  7#e7 ,beg9n+ 
( con/ruction def9ition ,= purposes (   

det]m9+ :5 con/ruction beg9s = purposes 
( ?is section1 pr9ciples simil> to ^? "u
 ,notice #bjac-bi1 #bjac-bj ,i4,r4,b4   
#ajhe1 & any subsequ5t guidance cl>ify+1
 modify+1 or updat+ su* notice1 z 9     
effect on ,janu>y #a1 #bjbe1 includ+ !  
,physical ,"w ,te/1 ,five ,p]c5t ,safe  
,h>bor1 ,cont9uity ,requirem5t1 &       
,cont9uity ,safe ,h>bor1 %all apply4  4 
7b7 ,effective date ,! am5dm5t made by  
?is section %all take effect on ,janu>y 
#a1 #bjbf4  #d4 ,d5ial ( clean en]gy tax
 b5efits to companies connect$ to       
c\ntries ( conc]n  7a7 ,9 g5]al ,*apt]  
#gg ( ! ,int]nal ,rev5ue ,code ( #aihf  
is am5d$ by add+ at ! end ! foll[+ new  
section3  #geca4 ,d5ial ( clean en]gy   
tax b5efits to companies connect$ to    
c\ntries ( conc]n  7a7 ,9 g5]al ,9 !    
case ( any taxpay] t is a disqualifi$   
company1 ?is title %all be appli$ )\t   
reg>d to sections #cj;,c1 #dj1 #dj;,a1  
#dj;,b1 #de1 #de,q1 #de,u1 #de,v1 #de,w1
 #de,x1 #de,y1 #de,z1 #dh1 #dh;,c1      
#dh;,e1 #agi;,d1 #fdbf7;c71 #fdbf7;d71  

#fdbf7;e71 & #fdbg7;e74  7b7            
,disqualifi$ company ,= purposes ( ?is  
section--  7#a7 ,9 g5]al ,! t]m         
disqualifi$ company means any entity--  
7,a7 creat$ or organiz$ "u ! laws (1 or 
controll$ by1 "o or m gov]nm5ts ( a     
=eign c\ntry t is a c\ntry ( conc]n1 or 
7,b7 controll$ 79 ! aggregate7 by "o or 
m entities describ$ 9 subp>agraph 7,a74 
7#b7 ,c\ntry ( conc]n ,! t]m c\ntry (   
conc]n means ! ,p's ,republic ( ,*9a1 ! 
,russian ,f$]ation1 ! ,islamic ,republic
 ( ,iran1 or ! ,democratic ,p's         
,republic ( ,korea4  7#c7 ,control ,!   
t]m control has ! mean+ giv5 su* t]m "u 
section #ied7;d77#c71 det]m9$ by treat+ 
! rules ( section #ieh7;a77#b7 z apply+ 
to bo? =eign & dome/ic corporations1    
p>tn]%ips1 tru/s1 & e/ates4  7#d7       
,gov]nm5t ( a =eign c\ntry ,! t]m       
gov]nm5t ( a =eign c\ntry means a       
national gov]nm5t ( a =eign c\ntry1 an  
ag5cy or gov]nm5t in/rum5tality ( a     
national gov]nm5t ( a =eign c\ntry1 a   
dom9ant or rul+ political p>ty ( a =eign

 c\ntry1 or any individual curr5tly 9 a 
s5ior role ( a c\ntry ( conc]n & )      
sub/antial au?ority ov] policy1         
op]ations1 or ! use ( gov]nm5t-own$     
res\rces ( ! =eign c\ntry4  4  7b7      
,cl]ical am5dm5t ,! table ( sections =  
*apt] #gg ( su* ,code is am5d$ by add+  
at ! end ! foll[+ new item3  ,sec4      
#geca4 ,d5ial ( clean en]gy tax b5efits 
to companies connect$ to c\ntries (     
conc]n4  4  7c7 ,guidance ,n lat] ?an   
#ahj days aft] ! date ( ! enactm5t ( ?is
 ,act1 ! ,secret>y ( ! ,treasury 7or !  
,secret>y's delegate7 %all issue        
guidance reg>d+ implem5tation ( ?is     
section4  7d7 ,effective date ,!        
am5dm5ts made by ?is section %all apply 
to taxable ye>s beg9n+ on or aft] ! date
 t is #ahj days aft] ! date on :i* !    
,secret>y publi%es guidance "u          
subsection 7c74