110 HR 3593 IH: Smart Energy Tax Relief Act of 2007 U.S. House of Representatives 2007-09-19 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.

I 110th CONGRESS 1st Session H. R. 3593 IN THE HOUSE OF REPRESENTATIVES September 19, 2007 Mr. Lampson introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to make permanent law the credit for nonbusiness energy property, the credit for gas produced from biomass and for synthetic fuels produced from coal, and the credit for energy efficient appliances.

1.

Short title

This Act may be cited as the Smart Energy Tax Relief Act of 2007.

2.

Permanent extension of the credit for nonbusiness energy property, the credit for gas produced from biomass and for synthetic fuels produced from coal, and the credit for energy efficient appliances

(a)

Credit for nonbusiness energy property made permanent

(1)

In general

Section 25C of the Internal Revenue Code of 1986 is amended by striking subsection (g). (2)

Effective date

The amendment made by this subsection shall apply to property placed in service after December 31, 2007. (b)

Credit for gas produced from biomass and for synthetic fuels produced from coal made permanent

(1)

In general

Subparagraph (B) of section 45K(f)(1) of such Code is amended to read as follows: (B)if such facility is originally placed in service after December 31, 1992, paragraph (2) of subsection (e) shall not apply. . (2)

Effective date

The amendment made by this subsection shall apply to fuel sold after December 31, 2007. (c)

Credit for energy efficient appliances made permanent

(1)

Dishwashers

(A)Subparagraph (A) of section 45M(b)(1) of such Code is amended by striking which— and all that follows and inserting which meets the requirements of the Energy Star program which are in effect for dishwashers for the calendar year in which manufactured.. (B)Clauses (i) and (ii) of section 45M(b)(2)(B) of such Code are amended to read as follows: (i)the EF required by the Energy Star program for dishwashers for the calendar year in which manufactured minus the EF required by the Energy Star program for dishwashers in 2005, to (ii)the EF required by the Energy Star program for dishwashers for the calendar year in which manufactured. . (2)

Clothes washers

Subparagraph (B) of section 45M(b)(1) of such Code is amended by striking which— and all that follows and inserting which meets the requirements of the Energy Star program which are in effect for clothes washers for the calendar year in which manufactured.. (3)

Refrigerators

(A)Clause (i) of section 45M(b)(1)(C) of such Code is amended by striking which— and all that follows and inserting which consumes at least 15 percent but not more than 20 percent less kilowatt hours per year than the 2001 energy conservation standards.. (B)Clause (ii) of section 45M(b)(1)(C) of such Code is amended by striking which— and all that follows and inserting which consumes at least 20 percent but not more than 25 percent less kilowatt hours per year than the 2001 energy conservation standards.. (C)Clause (iii) of section 45M(b)(1)(C) of such Code is amended by striking which— and all that follows and inserting which consumes at least 25 percent less kilowatt hours per year than the 2001 energy conservation standards.. (4)

Effective date

The amendments made by this subsection shall apply to appliances manufactured after 2007.