,i #aai? ,,congress #a/ ,session ,h4 ,r4 #efhf ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,octob] #c1 #bjbe,mr4 ,norcross introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means1 & 9 addition to ! ,committees on ,en]gy & ,comm]ce1 & ,ov]sight & ,gov]nm5t ,re=m1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to am5d ! ,int]nal ,rev5ue ,code ( #aihf to all[ a cr$it aga9/ tax = exp5ses relat+ to ! pur*ase ( batt]y detectors1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,batt]y ,fire ,prev5tion ,act4 #b4 ,tax cr$it = batt]y detectors 7a7 ,e/abli%m5t ( cr$it 7#a7 ,9 g5]al ,subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #de;,,bb4 ,cr$it = batt]y detectors 7a7 ,9 g5]al ,= purposes ( section #ch1 ! batt]y detector cr$it det]m9$ "u ?is section = any taxable ye> is ! am\nt equal to #cj p]c5t ( ! qualifi$ batt]y detector exp5ses paid or incurr$ by ! taxpay] dur+ ! taxable ye>4 7b7 ,qualifi$ batt]y detector exp5ses ,! t]m qualifi$ batt]y detector exp5ses means1 ) respect to any taxpay]1 am\nts paid or incurr$ = ! pur*ase ( any device-- 7#a7 :i* uses ,x-ray te*nology1 artificial intellig5ce1 radio-frequ5cy id5tification1 or o!r prov5 te*nology to detect batt]ies1 7#b7 ! orig9al use ( :i* beg9s ) su* taxpay]1 & 7#c7 :i* is us$ by su* taxpay] 9 ! trade or bus9ess ( recycl+4 7c7 ,d5ial ( d\ble b5efit ,9 ! case ( any qualifi$ batt]y detector exp5ses ) respect to :i* cr$it is all[$ "u subsection 7a7-- 7#a7 no o!r cr$it or d$uction %all be all[$ =1 or by reason (1 any su* exp5se to ! ext5t ( ! am\nt ( su* cr$it1 & 7#b7 ! basis ( any prop]ty %all be r$uc$ by ! am\nt ( su* cr$it to ! ext5t t su* exp5ses 7 tak5 into acc\nt 9 det]m9+ su* basis4 4 7#b7 ,cl]ical am5dm5t ,! table ( sections = subp>t ,d ( "p ,,iv ( sub*apt] ,a ( *apt] #a ( su* ,code is am5d$ by add+ at ! end ! foll[+ new item3 #de;,,bb4 ,cr$it = batt]y detectors4 4 7b7 ,cr$it made "p ( g5]al bus9ess cr$it ,section #ch7;b7 ( su* ,code is am5d$ by /rik+ plus at ! end ( p>agraph 7#dj71 by /rik+ ! p]iod at ! end ( p>agraph 7#da7 & ins]t+ 1 plus1 & by add+ at ! end ! foll[+ new p>agraph3 7#db7 ! batt]y detector cr$it det]m9$ "u section #de;,,bb4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxable ye>s beg9n+ aft] ,decemb] #ca1 #bjbe4 #c4 ,imposition ( tax on sales ( batt]ies 7a7 ,9 g5]al ,*apt] #cb ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by ins]t+ aft] sub*apt] ,d ! foll[+ new sub*apt]3 ,e ,o!r ,items ,sec4 #daia4 ,batt]y tax4 #daia4 ,batt]y tax ,!re is h]eby impos$ on ! sale ( any batt]y by ! manufactur]1 produc]1 or import] a tax equal to #e p]c5t ( ! price = :i* s sold4 4 7b7 ,cl]ical am5dm5t ,! table ( sub*apt]s = *apt] #cb ( su* ,code is am5d$ by ins]t+ aft] ! item relat+ to sub*apt] ,d ! foll[+ new item3 ,sub*apt] ,e--,o!r ,items 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to sales made aft] ,decemb] #ca1 #bjbe4 #d4 ,li?ium ,batt]y ,buy-back ,tru/ ,fund 7a7 ,9 g5]al ,sub*apt] ,a ( ,*apt] #ih ( ! ,int]nal ,rev5ue ,code ( #aihf is am5d$ by add+ at ! end ! foll[+ new section3 #ieab4 ,li?ium ,batt]y ,buy-back ,tru/ ,fund 7a7 ,creation ( ,tru/ ,fund ,!re is h]eby e/abli%$ 9 ! ,treasury ( ! ,unit$ ,/ates a tru/ fund to be kn[n z ! ,li?ium ,batt]y ,buy-,back ,tru/ ,fund1 consi/+ ( su* am\nts z may be appropriat$ to su* ,tru/ ,fund z provid$ 9 ?is section4 7b7 ,transf] to ,tru/ ,fund ( am\nts equival5t to c]ta9 taxes ,!re are h]eby appropriat$ to ! ,li?ium ,batt]y ,buy-,back ,tru/ ,fund am\nts equival5t to ! taxes receiv$ 9 ! ,treasury "u section #daia4 7c7 ,exp5ditures f ,tru/ ,fund ,am\nts 9 ! ,li?ium ,batt]y ,buy-,back ,tru/ ,fund %all be available1 )\t fur!r appropriation1 to ! ,secret>y ( ,en]gy to c>ry out ! ,national ,batt]y ,recycl+ ,program describ$ 9 section #e ( ! ,batt]y ,fire ,prev5tion ,act4 4 7b7 ,cl]ical am5dm5t ,! table ( sections = sub*apt] ,a ( *apt] #ih ( su* ,code is am5d$ by add+ at ! end ! foll[+ new item3 #ieab4 ,li?ium ,batt]y ,buy-,back ,tru/ ,fund4 4 7c7 ,effective date ,! am5dm5ts made by ?is section %all apply to taxes receiv$ aft] ,decemb] #ca1 #bjbe4 #e4 ,national ,batt]y ,recycl+ ,program 7a7 ,e/abli%m5t ,n lat] ?an #e ye>s aft] ! date ( enactm5t ( ?is ,act1 ! ,secret>y ( ,en]gy & ! ,adm9i/rator ( ! ,environm5tal ,protection ,ag5cy %all jo9tly issue a rule to e/abli% a program to recov] & recycle us$ li?ium batt]ies1 to be kn[n z ! ,national ,batt]y ,recycl+ ,program1 "u :i*-- 7#a7 ! ,secret>y %all id5tify & approve facilities t recycle li?ium batt]ies & make publicly available a li/ ( su* approv$ facilities1 :i* %all include ea* facility t is a recipi5t ( a grant to recycle li?ium batt]ies "u section #djbjg ( ! ,infra/ructure ,inve/m5t & ,jobs ,act 7#db ,u4,s4,c4 #ahgda72 & 7#b7 ! ,secret>y & ,adm9i/rator %all aw>d grants1 on a competitive basis1 to su* approv$ facilities to e/abli% & implem5t a sy/em = ! acceptance & collection ( us$ li?ium batt]ies1 "u :i* sy/em su* a facility may (f] a f9ancial inc5tive to any individual :o turns 9 a us$ li?ium batt]y to ! facility4 7b7 ,fund+ ,9 c>ry+ out ! ,national ,batt]y ,recycl+ ,program1 ! ,secret>y ( ,en]gy may only use am\nts f ! ,li?ium ,batt]y ,buy-,back ,tru/ ,fund e/abli%$ "u section #ieab ( ! ,int]nal ,rev5ue ,code ( #aihf1 z add$ by section #d4 7c7 ,pur*ase ( li?ium batt]ies f approv$ facilities ,ea* head ( a ,f$]al ag5cy :o pur*ases a li?ium batt]y %all1 to ! maximum ext5t possible1 prioritize pur*as+ su* li?ium batt]y f a facility approv$ pursuant to subsection 7a77#a74 7d7 ,li?ium batt]y def9$ ,9 ?is section1 ! t]m li?ium batt]y means a li?ium metal batt]y or a li?ium-ion batt]y4