<enum>I</enum><header>Energy tax incentives</header> <subtitle id="H50036F3FB5104058AF278C58AAE480E6"><enum>A</enum><header>Energy infrastructure tax incentives</header> <section id="H6723253AAB6244E99B72588DE59BD078" section-type="subsequent-section"><enum>101.</enum><header>Extension of credit for electricity produced from certain renewable resources</header><text display-inline="no-display-inline">Section 45(d) of the Internal Revenue Code of 1986 (relating to qualified facilities) is amended by striking <quote>2008</quote> each place it appears and inserting <quote>2011</quote>.</text> </section><section id="HF28DCB79103C40C582EC38D219B4FB1"><enum>102.</enum><header>Extension and expansion of credit to holders of clean renewable energy bonds</header> <subsection id="HBD4235114A27471F9FDB721E38325BF"><enum>(a)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/54">Section 54(m)</external-xref> of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </subsection><subsection id="H529D803BAB1149B8883C41D7E25BD61D"><enum>(b)</enum><header>Annual volume cap for bonds issued during extension period</header><text>Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/54">section 54(f)</external-xref> of the Internal Revenue Code of 1986 (relating to limitation on amount of bonds designated) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H99B04A7F896A482F8F3B00208725C264" style="OLC"> <paragraph id="H4274609D0D7944728EC761835FE31EE4"><enum>(1)</enum><header>National limitation</header> <subparagraph id="H50FACE11B026410CBA66E159BD2780A1"><enum>(A)</enum><header>Initial national limitation</header><text>With respect to bonds issued after December 31, 2005, and before January 1, 2008, there is a national clean renewable energy bond limitation of $800,000,000.</text> </subparagraph><subparagraph id="H189DC1481677420CB9D5AE5CE84DD1CB"><enum>(B)</enum><header>Annual national limitation</header><text>With respect to bonds issued after December 31, 2007, and before January 1, 2011, there is a national clean renewable energy bond limitation for each calendar year of $800,000,000.</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H10D1CCE08A0940FDABB13BD21DBF9EAE"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to bonds issued after the date of the enactment of this Act.</text> </subsection></section></subtitle><subtitle id="HC0274BCB9C7345299CAECC0467B92072"><enum>B</enum><header>Conservation and energy efficiency provisions</header> <section id="H2561F481B9764F27B485A67C57023BEC"><enum>111.</enum><header>Extension of energy efficient commercial buildings deduction</header><text display-inline="no-display-inline">Section 179D(h) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </section><section id="HB0158509C4954B789F9781E0AC66CC81"><enum>112.</enum><header>Extension of new energy efficient home credit</header> <subsection id="HECD8B824D6DE46D4BF6E66B68E9002E"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subsection (g) of <external-xref legal-doc="usc" parsable-cite="usc/26/45L">section 45L</external-xref> of the Internal Revenue Code of 1986 (relating to new energy efficient home credit) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H5B491DB691A34569BE86F82200BE2E05" style="OLC"> <subsection id="HF8E4F04F94134241B6FF9D62AEC77636"><enum>(g)</enum><header>Termination</header><text display-inline="yes-display-inline">This section shall not apply to—</text> <paragraph id="H27B08C43E93B4BD2937BC231C399E3BB"><enum>(1)</enum><text display-inline="yes-display-inline">any qualified new energy efficient home meeting the energy saving requirements of subsection (c)(1) acquired after December 31, 2010, and</text> </paragraph><paragraph id="HC6A389024AE340409569DF1FF4B25B57"><enum>(2)</enum><text display-inline="yes-display-inline">any qualified new energy efficient home meeting the energy saving requirements of paragraph (2) or (3) of subsection (c) acquired after December 31, 2007.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H3C9513B139CD416D99262566A168FE00"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall take effect as if included in the amendments made by section 1332 of the Energy Policy Act of 2005.</text> </subsection></section><section id="H46A99D9354C14770AF80A0797B80F995"><enum>113.</enum><header>Extension of residential energy efficient property credit</header><text display-inline="no-display-inline">Section 25D(g) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </section><section id="HDB2768A8BB43482C9B96E53C8F2D6438"><enum>114.</enum><header>Extension of business solar investment tax credit</header><text display-inline="no-display-inline">Sections 48(a)(2)(A)(i)(II) and 48(a)(3)(A)(ii) of the Internal Revenue Code of 1986 (relating to termination) are each amended by striking <quote>2008</quote> and inserting <quote>2011</quote>.</text> </section></subtitle><subtitle id="H6EA97F6107444A52B09F91AD2151D4B4"><enum>C</enum><header>Alternative fuels and vehicles incentives</header> <section id="HBD95DD4D69904A13BADCEA8C8D5F5D75"><enum>121.</enum><header>Extension of excise tax provisions and income tax credit for biodiesel and alternative fuels</header> <subsection id="H5952DC828D4C4F9499BFD5BB564F00D2"><enum>(a)</enum><header>Biodiesel</header><text display-inline="yes-display-inline">Sections 40A(g), 6426(c)(6), and 6427(e)(5)(B) of the Internal Revenue Code of 1986 are each amended by striking <quote>2008</quote> and inserting <quote>2010</quote>.</text> </subsection><subsection id="H1AB386A81FE14A59AC1486E0FC88C86"><enum>(b)</enum><header>Alternative fuel</header> <paragraph id="HAD57798EFDCE4260996170B095B62E97"><enum>(1)</enum><header>Fuels</header><text>Sections 6426(d)(4) and 6427(e)(5)(C) of the Internal Revenue Code of 1986 are each amended by striking <quote>September 30, 2009</quote> and inserting <quote>December 31, 2010</quote>.</text> </paragraph><paragraph id="H3B72B53D5CCF4A2E99AE677517C22364"><enum>(2)</enum><header>Refueling property</header><text>Section 30C(g) of such Code is amended by striking <quote>2009</quote> and inserting <quote>2010</quote>.</text> </paragraph></subsection><subsection id="H745310A082FB4FB6AD95EB976124F2C9"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall take effect on January 1, 2007.</text> </subsection></section><section id="H391D3709510E46C8A67BD68C06C7B03" section-type="subsequent-section"><enum>122.</enum><header>Exception from depreciation limitation for certain alternative and electric passenger automobiles</header> <subsection id="H726FBA9A029C4C75B1353860D1CA26E"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/280F">section 280F(a)</external-xref> of the Internal Revenue Code of 1986 (relating to limitation) is amended by adding at the end the following new subparagraph:</text> <quoted-block display-inline="no-display-inline" id="HD290735B4BA54A46AA69C4FB91FB50E9" style="OLC"> <subparagraph id="H9F12E6ED55A44653A09EF03860C01A8"><enum>(D)</enum><header>Special rule for certain alternative motor vehicles and qualified electric vehicles</header><text>Subparagraph (A) shall not apply to any motor vehicle for which a credit is allowable under section 30 or 30B.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H5E7A236903EC40D9A522CC5749E266A4"><enum>(b)</enum><header>Conforming amendment</header><text>Subparagraph (C) of section 280F(a)(1) of the Internal Revenue Code of 1986 is amended by striking clause (ii) and by redesignating clause (iii) as clause (ii).</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="H4CA792E52CA540BDAE77679D50060005"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.</text> </subsection></section></subtitle>

109 HR 6291 IH: Renewable Energy and Energy Efficiency U.S. House of Representatives 2006-09-29 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

Short title

This Act shall be cited as the

Renewable Energy and Energy Efficiency Stimulus Act of 2006

<enum>I</enum><header>Energy tax incentives</header> <subtitle id="H50036F3FB5104058AF278C58AAE480E6"><enum>A</enum><header>Energy infrastructure tax incentives</header> <section id="H6723253AAB6244E99B72588DE59BD078" section-type="subsequent-section"><enum>101.</enum><header>Extension of credit for electricity produced from certain renewable resources</header><text display-inline="no-display-inline">Section 45(d) of the Internal Revenue Code of 1986 (relating to qualified facilities) is amended by striking <quote>2008</quote> each place it appears and inserting <quote>2011</quote>.</text> </section><section id="HF28DCB79103C40C582EC38D219B4FB1"><enum>102.</enum><header>Extension and expansion of credit to holders of clean renewable energy bonds</header> <subsection id="HBD4235114A27471F9FDB721E38325BF"><enum>(a)</enum><header>In general</header><text><external-xref legal-doc="usc" parsable-cite="usc/26/54">Section 54(m)</external-xref> of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </subsection><subsection id="H529D803BAB1149B8883C41D7E25BD61D"><enum>(b)</enum><header>Annual volume cap for bonds issued during extension period</header><text>Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/54">section 54(f)</external-xref> of the Internal Revenue Code of 1986 (relating to limitation on amount of bonds designated) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H99B04A7F896A482F8F3B00208725C264" style="OLC"> <paragraph id="H4274609D0D7944728EC761835FE31EE4"><enum>(1)</enum><header>National limitation</header> <subparagraph id="H50FACE11B026410CBA66E159BD2780A1"><enum>(A)</enum><header>Initial national limitation</header><text>With respect to bonds issued after December 31, 2005, and before January 1, 2008, there is a national clean renewable energy bond limitation of $800,000,000.</text> </subparagraph><subparagraph id="H189DC1481677420CB9D5AE5CE84DD1CB"><enum>(B)</enum><header>Annual national limitation</header><text>With respect to bonds issued after December 31, 2007, and before January 1, 2011, there is a national clean renewable energy bond limitation for each calendar year of $800,000,000.</text> </subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H10D1CCE08A0940FDABB13BD21DBF9EAE"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to bonds issued after the date of the enactment of this Act.</text> </subsection></section></subtitle><subtitle id="HC0274BCB9C7345299CAECC0467B92072"><enum>B</enum><header>Conservation and energy efficiency provisions</header> <section id="H2561F481B9764F27B485A67C57023BEC"><enum>111.</enum><header>Extension of energy efficient commercial buildings deduction</header><text display-inline="no-display-inline">Section 179D(h) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </section><section id="HB0158509C4954B789F9781E0AC66CC81"><enum>112.</enum><header>Extension of new energy efficient home credit</header> <subsection id="HECD8B824D6DE46D4BF6E66B68E9002E"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Subsection (g) of <external-xref legal-doc="usc" parsable-cite="usc/26/45L">section 45L</external-xref> of the Internal Revenue Code of 1986 (relating to new energy efficient home credit) is amended to read as follows:</text> <quoted-block display-inline="no-display-inline" id="H5B491DB691A34569BE86F82200BE2E05" style="OLC"> <subsection id="HF8E4F04F94134241B6FF9D62AEC77636"><enum>(g)</enum><header>Termination</header><text display-inline="yes-display-inline">This section shall not apply to—</text> <paragraph id="H27B08C43E93B4BD2937BC231C399E3BB"><enum>(1)</enum><text display-inline="yes-display-inline">any qualified new energy efficient home meeting the energy saving requirements of subsection (c)(1) acquired after December 31, 2010, and</text> </paragraph><paragraph id="HC6A389024AE340409569DF1FF4B25B57"><enum>(2)</enum><text display-inline="yes-display-inline">any qualified new energy efficient home meeting the energy saving requirements of paragraph (2) or (3) of subsection (c) acquired after December 31, 2007.</text> </paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H3C9513B139CD416D99262566A168FE00"><enum>(b)</enum><header>Effective date</header><text>The amendment made by this section shall take effect as if included in the amendments made by section 1332 of the Energy Policy Act of 2005.</text> </subsection></section><section id="H46A99D9354C14770AF80A0797B80F995"><enum>113.</enum><header>Extension of residential energy efficient property credit</header><text display-inline="no-display-inline">Section 25D(g) of the Internal Revenue Code of 1986 (relating to termination) is amended by striking <quote>2007</quote> and inserting <quote>2010</quote>.</text> </section><section id="HDB2768A8BB43482C9B96E53C8F2D6438"><enum>114.</enum><header>Extension of business solar investment tax credit</header><text display-inline="no-display-inline">Sections 48(a)(2)(A)(i)(II) and 48(a)(3)(A)(ii) of the Internal Revenue Code of 1986 (relating to termination) are each amended by striking <quote>2008</quote> and inserting <quote>2011</quote>.</text> </section></subtitle><subtitle id="H6EA97F6107444A52B09F91AD2151D4B4"><enum>C</enum><header>Alternative fuels and vehicles incentives</header> <section id="HBD95DD4D69904A13BADCEA8C8D5F5D75"><enum>121.</enum><header>Extension of excise tax provisions and income tax credit for biodiesel and alternative fuels</header> <subsection id="H5952DC828D4C4F9499BFD5BB564F00D2"><enum>(a)</enum><header>Biodiesel</header><text display-inline="yes-display-inline">Sections 40A(g), 6426(c)(6), and 6427(e)(5)(B) of the Internal Revenue Code of 1986 are each amended by striking <quote>2008</quote> and inserting <quote>2010</quote>.</text> </subsection><subsection id="H1AB386A81FE14A59AC1486E0FC88C86"><enum>(b)</enum><header>Alternative fuel</header> <paragraph id="HAD57798EFDCE4260996170B095B62E97"><enum>(1)</enum><header>Fuels</header><text>Sections 6426(d)(4) and 6427(e)(5)(C) of the Internal Revenue Code of 1986 are each amended by striking <quote>September 30, 2009</quote> and inserting <quote>December 31, 2010</quote>.</text> </paragraph><paragraph id="H3B72B53D5CCF4A2E99AE677517C22364"><enum>(2)</enum><header>Refueling property</header><text>Section 30C(g) of such Code is amended by striking <quote>2009</quote> and inserting <quote>2010</quote>.</text> </paragraph></subsection><subsection id="H745310A082FB4FB6AD95EB976124F2C9"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall take effect on January 1, 2007.</text> </subsection></section><section id="H391D3709510E46C8A67BD68C06C7B03" section-type="subsequent-section"><enum>122.</enum><header>Exception from depreciation limitation for certain alternative and electric passenger automobiles</header> <subsection id="H726FBA9A029C4C75B1353860D1CA26E"><enum>(a)</enum><header>In general</header><text display-inline="yes-display-inline">Paragraph (1) of <external-xref legal-doc="usc" parsable-cite="usc/26/280F">section 280F(a)</external-xref> of the Internal Revenue Code of 1986 (relating to limitation) is amended by adding at the end the following new subparagraph:</text> <quoted-block display-inline="no-display-inline" id="HD290735B4BA54A46AA69C4FB91FB50E9" style="OLC"> <subparagraph id="H9F12E6ED55A44653A09EF03860C01A8"><enum>(D)</enum><header>Special rule for certain alternative motor vehicles and qualified electric vehicles</header><text>Subparagraph (A) shall not apply to any motor vehicle for which a credit is allowable under section 30 or 30B.</text> </subparagraph><after-quoted-block>.</after-quoted-block></quoted-block> </subsection><subsection id="H5E7A236903EC40D9A522CC5749E266A4"><enum>(b)</enum><header>Conforming amendment</header><text>Subparagraph (C) of section 280F(a)(1) of the Internal Revenue Code of 1986 is amended by striking clause (ii) and by redesignating clause (iii) as clause (ii).</text> </subsection><subsection commented="no" display-inline="no-display-inline" id="H4CA792E52CA540BDAE77679D50060005"><enum>(c)</enum><header>Effective date</header><text>The amendments made by this section shall apply to property placed in service after the date of the enactment of this Act.</text> </subsection></section></subtitle><enum>II</enum><header>Weatherization Assistance</header> <section id="HF5004F80C2D44336BFCE79304F1BCCB4" section-type="subsequent-section"><enum>201.</enum><header>Program</header> <subsection id="HC7BBF0FC29E04635954BEF723FBAD179"><enum>(a)</enum><header>Establishment</header><text>The Secretary of Energy shall establish a program to provide assistance to States for consultations with respect to weatherization and energy efficiency of residences and small businesses. Under the program, States shall provide information and recommendations for achieving greater energy efficiency, but shall not provide equipment or labor to achieve energy efficiency improvements.</text> </subsection><subsection id="H5F4341BF0EF54A6AB8214277D0B934B3"><enum>(b)</enum><header>Eligibility</header> <paragraph id="HBDB46F2E365545F7B3000013F776C4F3"><enum>(1)</enum><header>States</header><text>A State shall be eligible for assistance under this section if it receives funding under the Low-Income Home Energy Assistance Act of 1981 (42 U.S.C. 8621 et seq.).</text> </paragraph><paragraph id="H7CD5B62C11234240A769F6DA27DA9086"><enum>(2)</enum><header>Recipients</header><text>Residential consultations shall be provided through the program established under this section only with respect to residences for which the household income does not exceed 200 percent of the State median income for households of the same size.</text> </paragraph></subsection><subsection id="HCB7735F9180841DC90D488E44C172A4"><enum>(c)</enum><header>Definition</header><text>For purposes of this section, the term <quote>small businesses</quote> means small business concerns within the meaning of section 3 of the Small Business Act (15 U.S.C. 632).</text> </subsection></section><section id="H854CB2CFC02F4043B71B77B6F3C743A3"><enum>202.</enum><header>Authorization of appropriations</header><text display-inline="no-display-inline">There are authorized to be appropriated to the Secretary of Energy for carrying out this title $200,000,000 for each of the fiscal years 2007 through 2011.</text> </section>