1.Short
title; table of contents
(a)This Act may be cited as the Energy Competitiveness Act of
2006
.
(b)The table of contents of this Act is as follows:
Sec. 1. Short title; table of
contents.
TITLE I—Advanced Research Projects
Administration-Energy
Sec. 101. Advanced Research Projects
Administration-Energy.
TITLE II—Energy tax incentives
Subtitle A—Energy infrastructure tax incentives
Sec. 201. Extension of credit for electricity produced from
certain renewable resources.
Sec. 202. Extension and expansion of credit to holders of clean
renewable energy bonds.
Sec. 203. Extension and expansion of qualifying advanced coal
project credit.
Sec. 204. Extension and expansion of qualifying gasification
project credit.
Subtitle B—Domestic fossil fuel security
Sec. 211. Extension of election to expense certain
refineries.
Subtitle C—Conservation and energy efficiency
provisions
Sec. 221. Extension of energy efficient commercial buildings
deduction.
Sec. 222. Extension of new energy efficient home
credit.
Sec. 223. Extension of residential energy efficient property
credit.
Sec. 224. Extension of credit for business installation of
qualified fuel cells and stationary microturbine power plants.
Sec. 225. Extension of business solar investment tax
credit.
Subtitle D—Alternative fuels and vehicles
incentives
Sec. 231. Extension of excise tax provisions and income tax
credit for biodiesel and alternative fuels.
Sec. 232. Exception from depreciation limitation for certain
alternative and electric passenger automobiles.
<enum>I</enum><header>Advanced Research
Projects Administration-Energy</header>
<section id="idC7EEE9E114BF4B3BA94518804DA132BB"><enum>101.</enum><header>Advanced
Research Projects Administration-Energy</header>
<subsection id="IDC906AE1ECE744C79819B6DE52F633E81"><enum>(a)</enum><header>Establishment</header><text>There
is established the Advanced Research Projects Administration-Energy (referred
to in this section as <quote>ARPA–E</quote>).</text>
</subsection><subsection id="H4F4D1D4437B146FCBAE0ABD03D95B9B5"><enum>(b)</enum><header>Goals</header><text>The
goals of ARPA–E are to reduce the quantity of energy the United States imports
from foreign sources and to improve the competitiveness of the United States
economy by—</text>
<paragraph id="HBC654B2AFCC142758BD1C9C52394009E"><enum>(1)</enum><text display-inline="yes-display-inline">promoting revolutionary changes in the
critical technologies that would promote energy competitiveness;</text>
</paragraph><paragraph id="H00C2F096555A409492F49E1200EC64A5"><enum>(2)</enum><text>turning
cutting-edge science and engineering into technologies for energy and
environmental application; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H9CAE331682644F4894F486DB4D6E0901"><enum>(3)</enum><text display-inline="yes-display-inline">accelerating innovation in energy and the
environment for both traditional and alternative energy sources and in energy
efficiency mechanisms to—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id13702EA4871C4D7296C9F1754AD74A75"><enum>(A)</enum><text display-inline="yes-display-inline">reduce energy use;</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idFA68B6BDB27A4C08B4B054EEEF0C3D8C"><enum>(B)</enum><text display-inline="yes-display-inline">decrease the reliance of the United States
on foreign energy sources; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id2B95CFA75EE54BACAE545364CFF203A5"><enum>(C)</enum><text display-inline="yes-display-inline">improve energy competitiveness.</text>
</subparagraph></paragraph></subsection><subsection id="id0DCA0601BF624164B1EA8DB6B932596A"><enum>(c)</enum><header>Director</header>
<paragraph id="id9F7BFE5793964F2F97CBDA314E8A20E8"><enum>(1)</enum><header>In
general</header><text>ARPA–E shall be headed by a Director (referred to in this
section as the <term>Director</term>) appointed by the President.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idBB71F5C9E5B84AB3BE3B4A8FD01B0EE0"><enum>(2)</enum><header>Positions at
Level V</header><text>Section 5316 of title 5, United States Code, is amended
by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idC3E7F79559A34E3EB0268B153D35A559" style="OLC"><list>
<list-item>Director, Advanced Research Projects
Administration-Energy.</list-item></list>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="H377A542FD3144A7894ABA6DD65D17054"><enum>(d)</enum><header>Duties</header>
<paragraph id="idCA0FD62779904EF5BC083CE945FA57F1"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">In carrying out this
section, the Director shall award competitive grants, cooperative agreements,
or contracts to institutions of higher education, companies, or consortia of
such entities (which may include federally funded research and development
centers) to achieve the goal described in subsection (b) through acceleration
of—</text>
<subparagraph id="H7269F273FAE14D5A96AAB000AEE4611"><enum>(A)</enum><text>energy-related
research;</text>
</subparagraph><subparagraph id="HE6B0BBDDFC404C9681DAAB0023EBCF88"><enum>(B)</enum><text>development of
resultant techniques, processes, and technologies, and related testing and
evaluation; and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="H9841052DCC0A413598B8422842CFFB5E"><enum>(C)</enum><text display-inline="yes-display-inline">demonstration and commercial application of
the most promising technologies and research applications.</text>
</subparagraph></paragraph><paragraph commented="no" display-inline="no-display-inline" id="idCFCACAAC0F6A4195BF59FE9666DB4F73"><enum>(2)</enum><header>Small-business
concerns</header><text>The Director shall carry out programs established under
this section, to the maximum extent practicable, in a manner that is similar to
the Small Business Innovation Research Program established under section 9 of
the Small Business Act (15 U.S.C. 638) to ensure that small-business concerns
are fully able to participate in the programs.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id2CD5CBE5DB3B4C3D9C403995B68E467A"><enum>(e)</enum><header>Personnel</header>
<paragraph id="idFE4FA9BC7FE64C619CA0F5503EC1141D"><enum>(1)</enum><header>Program
managers</header>
<subparagraph id="idA84FBA735C5E4476A4962CD656891CF8"><enum>(A)</enum><header>Appointment</header><text>The
Director shall appoint employees to serve as program managers for each of the
programs that are established to carry out the duties of ARPA–E under this
section.</text>
</subparagraph><subparagraph id="idAB6BAFCB4FF3403C9F7795248F4FE7C1"><enum>(B)</enum><header>Duties</header><text>Program
managers shall be responsible for—</text>
<clause id="H208C952671CA47368E9049ECB49EACB0"><enum>(i)</enum><text display-inline="yes-display-inline">establishing research and development goals
for the program, as well as publicizing goals of the program to the public and
private sectors;</text>
</clause><clause id="HEFFC59E97753442DB300EDF30CE12E5"><enum>(ii)</enum><text>soliciting
applications for specific areas of particular promise, especially areas for
which the private sector cannot or will not provide funding;</text>
</clause><clause commented="no" id="HFE9AF31691864F53A74C8B397C00D2EE"><enum>(iii)</enum><text>selecting
research projects for support under the program from among applications
submitted to ARPA–E, based on—</text>
<subclause commented="no" id="H7D851C76CFBA4C8BB4D2E00013BE430"><enum>(I)</enum><text>the scientific and
technical merit of the proposed projects;</text>
</subclause><subclause commented="no" id="H20DECCDB0DE145EFB0DFF67CC75F6E48"><enum>(II)</enum><text>the demonstrated
capabilities of the applicants to successfully carry out the proposed research
project; and</text>
</subclause><subclause commented="no" id="id198EBFAB3C324C5BA1C0F246BBA47901"><enum>(III)</enum><text>such other
criteria as are established by the Director; and</text>
</subclause></clause><clause commented="no" id="idFD719BA516A64378AFE9A07AFC099BD8"><enum>(iv)</enum><text>monitoring the
progress of projects supported under the program.</text>
</clause></subparagraph></paragraph><paragraph commented="no" id="id0B7E4FCA10A543638026368F46274CF3"><enum>(2)</enum><header>Other
personnel</header>
<subparagraph commented="no" id="id59D5423CCE9A48BB8C82B4185E4BAD5C"><enum>(A)</enum><header>In
general</header><text>Subject to subparagraph (B), the Director shall appoint
such employees as are necessary to carry out the duties of ARPA–E under this
section.</text>
</subparagraph><subparagraph commented="no" id="idF41357920E654333A8E3FAC3DC7BD0FB"><enum>(B)</enum><header>Limitations</header><text>The
Director shall appoint not more than 250 employees to carry out the duties of
ARPA–E under this section, including not less than 180 technical staff, of
which—</text>
<clause commented="no" id="id0D667809F7DF46E790EACE284B3D67E9"><enum>(i)</enum><text>not less than 20
staff shall be senior technical managers (including program managers designated
under paragraph (1)); and</text>
</clause><clause commented="no" id="idCD8A0F53313F4CE79BF1A3A1924D9A4D"><enum>(ii)</enum><text>not less than 80
staff shall be technical program managers.</text>
</clause></subparagraph></paragraph><paragraph id="idF998EDFAD85C4A78871EAE1F0762A14C"><enum>(3)</enum><header>Experimental
personnel authority</header><text>In appointing personnel for ARPA–E, the
Director shall have the hiring and management authorities described in section
1101 of the Strom Thurmond National Defense Authorization Act for Fiscal Year
1999 (Public Law 105–261; 5 U.S.C. 3104 note).</text>
</paragraph><paragraph id="id3A70CFF3DBF24A748DA41958481B4AAC"><enum>(4)</enum><header>Maximum
duration of employment</header>
<subparagraph id="idB4711060E5864CACB1015F1FD5988BCD"><enum>(A)</enum><header>Program
managers and senior technical managers</header>
<clause id="id3F53CE0AF9574B75ACFB7F7B372DCBF3"><enum>(i)</enum><header>In
general</header><text>Subject to clause (ii), a program manager and a senior
technical manager appointed under this subsection shall serve for a term not to
exceed 4 years after the date of appointment.</text>
</clause><clause id="id2436C537E0694999A97016ED8C67849D"><enum>(ii)</enum><header>Extensions</header><text>The
Director may extend the term of employment of a program manager or a senior
technical manager appointed under this subsection for not more than 4 years
through 1 or more 2-year terms.</text>
</clause></subparagraph><subparagraph id="id42731525374540E9B7E663ED1F6FC3AE"><enum>(B)</enum><header>Technical
program managers</header><text>A technical program manager appointed under this
subsection shall serve for a term not to exceed 6 years after the date of
appointment.</text>
</subparagraph></paragraph><paragraph id="idAE46B2CF8F3C46EE87F78145D120B2D9"><enum>(5)</enum><header>Location</header><text>The
office of an officer or employee of ARPA–E shall not be located in the
headquarters of the Department of Energy.</text>
</paragraph></subsection><subsection id="ID46BA9D7FA01C4EEE879E87BEFF104465"><enum>(f)</enum><header>Transactions
other than contracts and grants</header>
<paragraph id="id0C8C788DE54E4CC89332A3BDC8C8EF6F"><enum>(1)</enum><header>In
general</header><text>To carry out projects through ARPA–E, the Director may
enter into transactions (other than contracts, cooperative agreements, and
grants) to carry out advanced research projects under this section under
similar terms and conditions as the authority is exercised under section 646(g)
of the Department of Energy Organization Act (42 U.S.C. 7256(g)).</text>
</paragraph><paragraph id="id3EC484773C014E55BFA3E7FCDC766A81"><enum>(2)</enum><header>Peer
review</header><text>Peer review shall not be required for 75 percent of the
research projects carried out by the Director under this section.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID77A907A6784D4560AD49BD844E191986"><enum>(g)</enum><header>Prizes for
advanced technology achievements</header><text>The Director may carry out a
program to award cash prizes in recognition of outstanding achievements in
basic, advanced, and applied research, technology development, and prototype
development that have the potential for application to the performance of the
mission of ARPA–E under similar terms and conditions as the authority is
exercised under section 1008 of the Energy Policy Act of 2005 (42 U.S.C.
16396).</text>
</subsection><subsection id="IDC93E25EA4E584D65B7910A1D0E30D4ED"><enum>(h)</enum><header>Coordination of
activities</header><text>The Director—</text>
<paragraph id="id3D0082FDA26749309A85F690FFA4737D"><enum>(1)</enum><text>shall ensure that
the activities of ARPA–E are coordinated with activities of Department of
Energy offices and outside agencies; and</text>
</paragraph><paragraph id="idC64D981C3D3C48388F3C194B28E37106"><enum>(2)</enum><text>may carry out
projects jointly with other agencies.</text>
</paragraph></subsection><subsection id="id258CDFCAD0E24CD39C42D981DCB17829"><enum>(i)</enum><header>Report</header><text>Not
later than September 30, 2007, the Director shall submit to Congress a report
on the activities of ARPA–E under this section, including a recommendation on
whether ARPA–E needs an energy research laboratory.</text>
</subsection><subsection id="id9AF4873F9FBB4E23868C2703DC74779C"><enum>(j)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated to
carry out this section—</text>
<paragraph id="id880F64C002664A37965D6FD5E7B560FF"><enum>(1)</enum><text>$300,000,000 for
fiscal year 2007;</text>
</paragraph><paragraph id="idFABC983424C94A719BB2D76D42CA8392"><enum>(2)</enum><text>$600,000,000 for
fiscal year 2008;</text>
</paragraph><paragraph id="id1692A86882084231998AABDEA74E5815"><enum>(3)</enum><text>$1,100,000,000
for fiscal year 2009;</text>
</paragraph><paragraph id="idC90ABF6CDB334BC487182963983E3CF5"><enum>(4)</enum><text>$1,500,000,000
for fiscal year 2010; and</text>
</paragraph><paragraph id="id96A62C2EE1E84F0DBBF85D189380326A"><enum>(5)</enum><text>$2,000,000,000
for fiscal year 2011.</text>
</paragraph></subsection></section><enum>II</enum><header>Energy tax
incentives</header>
<subtitle id="id7EF55FAE6BA0480885EB71175F7CE027"><enum>A</enum><header>Energy
infrastructure tax incentives</header>
<section id="idD60B7D99D2734F96AB4736BE7D56DEB0"><enum>201.</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="idB6C9F9E77E17489A8C6466A23DAF9B6C"><enum>202.</enum><header>Extension and
expansion of credit to holders of clean renewable energy bonds</header>
<subsection id="idFC8AA6E667354CD3ADE7A44CD9C30071"><enum>(a)</enum><header>In
general</header><text>Section 54(m) 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="id8172ED3348B24C87BA898A47ED08B3D1"><enum>(b)</enum><header>Annual volume
cap for bonds issued during extension period</header><text>Paragraph (1) of
section 54(f) 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="id56DF8D20F1C84D9DB7AF2B412B1AB435" style="OLC">
<paragraph id="idFCF0446C7C614B9DB8B9C19C2CC1E594"><enum>(1)</enum><header>National
limitation</header>
<subparagraph id="id8C23DEF8DB2A4D94BF139268DDFBAD93"><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="id183DDACD8B2A469682D8D845809E4D9E"><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="idD10B1851F2DC46EB8FA45F6DC8EDC603"><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><section id="id55C54F0993174F2A962DE014FB93AE17"><enum>203.</enum><header>Extension and
expansion of qualifying advanced coal project credit</header>
<subsection id="id671B6A9D57BD4745BBCF11A72D0F8F22"><enum>(a)</enum><header>In
general</header><text>Section 48A(d)(3)(A) of the Internal Revenue Code of 1986
(relating to aggregate credits) is amended by striking
<quote>$1,300,000,000</quote> and inserting
<quote>$1,800,000,000</quote>.</text>
</subsection><subsection id="idA3658DB0EA114DB884AE27535C691EB9"><enum>(b)</enum><header>Authorization
of additional integrated gasification combined cycle
projects</header><text>Subparagraph (B) of section 48A(d)(3) of te Internal
Revenue Code of 1986 (relating to aggregate credits) is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="id14EB61625F3F469BBA1052ADC49D3FC5" style="OLC">
<subparagraph id="id772588177D42424581858BCF50FE5C9F"><enum>(B)</enum><header>Particular
projects</header><text>Of the dollar amount in subparagraph (A), the Secretary
is authorized to certify—</text>
<clause id="id73FC6279C27544FFA7835FB24B21BC8E"><enum>(i)</enum><text>$800,000,000 for
integrated gasification combined cycle projects the application for which is
submitted during the period described in paragraph (2)(A)(i),</text>
</clause><clause id="id6CC45A21479D4EA393B875FCDCFD7084"><enum>(ii)</enum><text>$500,000,000 for
projects which use other advanced coal-based generation technologies the
application for which is submitted during the period described in paragraph
(2)(A)(i), and</text>
</clause><clause id="id6B3349106C7A45F2A39D9B0113A03A80"><enum>(iii)</enum><text>$500,000,000
for integrated gasification combined cycle projects the application for which
is submitted during the period described in paragraph
(2)(A)(ii).</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id1A462781BC1C44098FC962ECF73D3213"><enum>(c)</enum><header>Application
period for additional projects</header><text>Subparagraph (A) of section
48A(d)(2) of the Internal Revenue Code of 1986 (relating to certification) is
amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id4FD705B0C29B4AB99471A75F059B1E23" style="OLC">
<subparagraph id="id3A034F6A96E642E988773C3EC571672C"><enum>(A)</enum><header>Application
period</header><text>Each applicant for certification under this paragraph
shall submit an application meeting the requirements of subparagraph (B). An
applicant may only submit an application—</text>
<clause id="idB334518D132347E98DD11D27F641864F"><enum>(i)</enum><text>for an allocation
from the dollar amount specified in clause (i) or (ii) of paragraph (3)(A)
during the 3-year period beginning on the date the Secretary establishes the
program under paragraph (1), and</text>
</clause><clause id="idD117BC9B5A504ECD8334A8DA9301CC1F"><enum>(ii)</enum><text>for an
allocation from the dollar amount specified in paragraph (3)(A)(iii) during the
3-year period beginning at the termination of the period described in clause
(i).</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id2EBD4D9AB58E4BD18F622C654F26243D"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall take effect as if
included in the amendments made by section 1307 of the Energy Policy Act of
2005.</text>
</subsection></section><section id="id9403EA9A16994E2A981F7903D83ACFAB"><enum>204.</enum><header>Extension and
expansion of qualifying gasification project credit</header>
<subsection id="id2D357A4D2C1648B0BE301533AE3F1A40"><enum>(a)</enum><header>In
general</header><text>Section 48B(d)(1) of the Internal Revenue Code of 1986
(relating to qualifying gasification project program) is amended by striking
<quote>$350,000,000</quote> and inserting <quote>$850,000,000</quote>.</text>
</subsection><subsection id="id4E62FBDE2DFA42E4A4CD6D24AEA79A57"><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 1307 of the Energy Policy Act of
2005.</text>
</subsection></section></subtitle><subtitle id="id466311078CAA4E6A86227C68ABB3D5A2"><enum>B</enum><header>Domestic fossil
fuel security</header>
<section id="idEAC4605BDDC0470189FD9405D3A3605D"><enum>211.</enum><header>Extension of
election to expense certain refineries</header>
<subsection id="idEB8E452CD73B4EABA72EFC57B0005C30"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 179C(c)(1) of
the Internal Revenue Code of 1986 (defining qualified refinery property) is
amended—</text>
<paragraph id="id68F9B57FD36B43C3A509CA4F6E6E2E79"><enum>(1)</enum><text display-inline="yes-display-inline">by striking <quote>and before January 1,
2012</quote> in subparagraph (B) and inserting <quote>and, in the case of any
qualified refinery described in subsection (d)(1), before January 1,
2012</quote>, and</text>
</paragraph><paragraph id="idFAC37D79F0CE40B18C99C66190FCA619"><enum>(2)</enum><text>by inserting
<quote>if described in subsection (d)(1)</quote> after <quote>of which</quote>
in subparagraph (F)(i).</text>
</paragraph></subsection><subsection id="id88455AA1BBBF4F448AA687E34930FB10"><enum>(b)</enum><header>Conforming
amendment</header><text>Subsection (d) of section 179C of the Internal Revenue
Code of 1986 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idD64284D31CF2445094C819250FABAB55" style="OLC">
<subsection id="id3B39DD0C9B4B411EBD2DCDF0BE8313CB"><enum>(d)</enum><header>Qualified
refinery</header><text>For purposes of this section, the term <term>qualified
refinery</term> means any refinery located in the United States which is
designed to serve the primary purpose of processing liquid fuel from—</text>
<paragraph id="id4D08BD3DDA7342E5BC6A36817B240D1A"><enum>(1)</enum><text>crude oil,
or</text>
</paragraph><paragraph id="id0926F2502E2740FB972AEB1B7EB8FFCE"><enum>(2)</enum><text>qualified fuels
(as defined in section
45K(c)).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="id753B6DF080724E80A93272A8C9AC076A"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall take effect as if
included in the amendment made by section 1323(a) of the Energy Policy Act of
2005.</text>
</subsection></section></subtitle><subtitle id="idE82E07BC42B1443991DCF2C099547FA0"><enum>C</enum><header>Conservation and
energy efficiency provisions</header>
<section id="idE0C403A526EC4487B43E50AA81D82ADC"><enum>221.</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="id25011D3CD2AA4618B722585096C323C2"><enum>222.</enum><header>Extension of
new energy efficient home credit</header>
<subsection id="idB8991EF190C74E5080D32C2205FC2F6B"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Subsection (g) of
section 45L 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="id8E61BE3A5F29427F8DEBA4A4ABDA9E45" style="OLC">
<subsection id="id7D90FD1594314760A46805E304036751"><enum>(g)</enum><header>Termination</header><text display-inline="yes-display-inline">This section shall not apply to—</text>
<paragraph id="idFF8B1AB8FF004F8D93DF04C34E825AFB"><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="id874F3911ABCB4292A94CF5DC2690626B"><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="id10ABD39A39164E958CC5756549744E24"><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="id40BBDF8B32F94F27B0A9686C641A2ACE"><enum>223.</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="id90479786DFF642D09F4A0CC41D445F49"><enum>224.</enum><header>Extension of
credit for business installation of qualified fuel cells and stationary
microturbine power plants</header><text display-inline="no-display-inline">Sections 48(c)(1)(E) and 48(c)(2)(E) of the
Internal Revenue Code of 1986 (relating to termination) are each amended by
striking <quote>2007</quote> and inserting <quote>2010</quote>.</text>
</section><section id="id20456CD7CC714CD4ABC38AD93C5960B7"><enum>225.</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="id91FADCFDCB5E48C2BB38E19361FA5823"><enum>D</enum><header>Alternative fuels
and vehicles incentives</header>
<section id="id44FC68855BD04FAA9BCB7909471242EA"><enum>231.</enum><header>Extension of
excise tax provisions and income tax credit for biodiesel and alternative
fuels</header>
<subsection id="idB63E060F5DF64A088662B8A89B1BB4E1"><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="id4528DC1297CE448C8C8D9043495A4541"><enum>(b)</enum><header>Alternative
fuel</header>
<paragraph id="idB09E437A4C8C4AB7B5F8A0C701F15C1F"><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="id9EAF9E227FBB45508936941984DFDDED"><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="id4729949F5E0E4DA8BA411F095FBCD422"><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="id533432FF97F949698B00A7AE597AD5D3" section-type="subsequent-section"><enum>232.</enum><header>Exception from
depreciation limitation for certain alternative and electric passenger
automobiles</header>
<subsection id="idA470844817A3484E9625127516BC4020"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Paragraph (1) of
section 280F(a) 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="idC4F2B188AB7D406FA8605207B57B6ADC" style="OLC">
<subparagraph id="id463AC01A7F4D47F4B482CE595FA23674"><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="id1A05A0056DAE4AF0AB1F399A77D77932"><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="idAF68E433123F4AC8B7C044D425D66C04"><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>