1.Short
title; table of contents
(a)This Act may be cited as the Alternative Energy Extender
Act
.
(b)The table of contents of this Act is as follows:
Sec. 1. Short title; table of
contents.
TITLE I—Energy infrastructure tax incentives
Sec. 101. Extension of credit for electricity produced from
certain renewable resources.
Sec. 102. Extension and expansion of credit to holders of clean
renewable energy bonds.
Sec. 103. Extension and expansion of qualifying advanced coal
project credit.
Sec. 104. Extension and expansion of qualifying gasification
project credit.
TITLE II—Domestic fossil fuel security
Sec. 201. Extension of election to expense certain
refineries.
TITLE III—Conservation and energy efficiency
provisions
Sec. 301. Extension of energy efficient commercial buildings
deduction.
Sec. 302. Extension of new energy efficient home
credit.
Sec. 303. Extension of residential energy efficient property
credit.
Sec. 304. Extension of credit for business installation of
qualified fuel cells and stationary microturbine power plants.
Sec. 305. Extension of business solar investment tax
credit.
TITLE IV—Alternative fuels and vehicles incentives
Sec. 401. Extension of excise tax provisions, income tax
credits, and tariff duties.
<enum>I</enum><header>Energy
infrastructure tax incentives</header>
<section id="idD60B7D99D2734F96AB4736BE7D56DEB0"><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="idB6C9F9E77E17489A8C6466A23DAF9B6C"><enum>102.</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>103.</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>104.</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><enum>II</enum><header>Domestic fossil
fuel security</header>
<section id="idEAC4605BDDC0470189FD9405D3A3605D"><enum>201.</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><enum>III</enum><header>Conservation
and energy efficiency provisions</header>
<section id="idE0C403A526EC4487B43E50AA81D82ADC"><enum>301.</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>302.</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>303.</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>304.</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>305.</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><enum>IV</enum><header>Alternative
fuels and vehicles incentives</header>
<section id="id44FC68855BD04FAA9BCB7909471242EA"><enum>401.</enum><header>Extension of
excise tax provisions, income tax credits, and tariff duties</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="IDB4F885EC69CD4A8888B3ED69FA29AD6D"><enum>(c)</enum><header>Ethanol tariff
schedule</header><text>Headings 9901.00.50 and 9901.00.52 of the Harmonized
Tariff Schedule of the United States (19 U.S.C. 3007) are each amended in the
effective period column by striking <quote>10/1/2007</quote> each place it
appears and inserting <quote>1/1/2011</quote>.</text>
</subsection><subsection id="id4729949F5E0E4DA8BA411F095FBCD422"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall take effect on
January 1, 2007.</text>
</subsection></section>