1.Short
title; table of contents
(a)This Act may be cited
as the Eight Steps to Energy
Sufficiency Act of 2008
.
(b)The table of contents of this Act is as follows:
Sec. 1. Short title; table of
contents.
TITLE I—Saving American energy
Subtitle A—Plug in hybrid technology
Sec. 101. Advanced batteries for electric drive
vehicles.
Subtitle B—Promoting energy efficiency
Sec. 111. Expanding information on energy savings
techniques.
TITLE II—Increasing American energy supply
Subtitle A—Outer Continental Shelf
Sec. 201. Publication of projected State lines on outer
continental shelf.
Sec. 202. Production of oil and natural gas in new producing
areas.
Sec. 203. Conforming amendments.
Subtitle B—Oil shale development
Sec. 211. Removal of prohibition on final regulations for
commercial leasing program for oil shale resources on public land.
TITLE III—Streamline permitting
Subtitle A—Streamline refinery permitting process
Sec. 301. Refinery permitting process.
Subtitle B—Application for permit to drill fee
removal
Sec. 311. Removal of additional fee for new applications for
permits to drill.
Subtitle C—Report on National Environmental Policy Act of 1969
Sec. 321. Report on National Environmental Policy Act of
1969.
TITLE IV—Innovation
Sec. 401. Hydrogen installation, infrastructure, and fuel
costs.
Sec. 402. Report on cellulosic ethanol.
TITLE V—Incentives for clean energy
Subtitle A—Extension of clean energy tax credits
Sec. 500. Amendment of 1986 code.
Part I—Extension of clean energy production incentives
Sec. 501. Extension and modification of renewable energy
production tax credit.
Sec. 502. Extension and modification of solar energy and fuel
cell investment tax credit.
Sec. 503. Extension and modification of residential energy
efficient property credit.
Sec. 504. Extension and modification of credit for clean
renewable energy bonds.
Sec. 505. Extension of special rule to implement FERC
restructuring policy.
Part II—Extension of incentives to improve energy
efficiency
Sec. 511. Extension and modification of credit for energy
efficiency improvements to existing homes.
Sec. 512. Extension and modification of tax credit for energy
efficient new homes.
Sec. 513. Extension and modification of energy efficient
commercial buildings deduction.
Sec. 514. Modification and extension of energy efficient
appliance credit for appliances produced after 2007.
Subtitle B—Mineral royalty payments
Sec. 521. Termination of authority to deduct amounts from share
of oil and gas leasing revenues provided to States.
TITLE VI—Coal-technology development
Subtitle A—Coal to liquids
Sec. 601. Definitions.
Sec. 602. Coal-to-liquid fuel loan guarantee
program.
Sec. 603. Coal-to-liquid facilities loan program.
Sec. 604. Location of coal-to-liquid manufacturing
facilities.
Sec. 605. Strategic petroleum reserve.
Sec. 606. Authorization to conduct research, development,
testing, and evaluation of assured domestic fuels.
Sec. 607. Coal-to-liquid long-term fuel procurement and
department of defense development.
Sec. 608. Report on emissions of Fischer-Tropsch products used
as transportation fuels.
Subtitle B—Tax incentives for coal-to-liquids
production
Sec. 611. Credit for investment in coal-to-liquid fuels
projects.
Sec. 612. Temporary expensing for equipment used in
coal-to-liquid fuels process.
Sec. 613. Extension of alternative fuel credit for fuel derived
from coal through the fischer-tropsch process.
Sec. 614. Modifications to enhanced oil recovery
credit.
Sec. 615. Allowance of enhanced oil, natural gas, and coalbed
methane recovery, and capture and sequestration credit against the alternative
minimum tax.
Subtitle C—Clean Coal Technology Deployment
Sec. 621. Carbon sequestration and capture.
Subtitle D—Reduced Carbon Emissions Through Clean Coal
Technologies
Sec. 631. Statement of policy.
Sec. 632. Clean coal research and development.
Sec. 633. Clean coal demonstration.
Sec. 634. Identification of clean coal research, development,
and demonstration projects.
Subtitle E—Clean coal technology incentives
Sec. 641. Short title.
Sec. 642. Modification of special rules for atmospheric
pollution control facilities.
Sec. 643. Extension and modification of production credit for
closed-loop biomass.
Sec. 644. Qualifying new clean coal power plant
credit.
Sec. 645. Investment credit for equipment used to capture,
transport, and store carbon dioxide.
Sec. 646. Tax credit for carbon dioxide sequestration in the
generation of electricity.
Sec. 647. Clean energy coal bonds.
TITLE VII—Nuclear energy
Subtitle A—Nuclear waste access to Yucca Mountain
Sec. 701. Definitions.
Sec. 702. Withdrawal of land.
Sec. 703. Receipt and storage facilities.
Sec. 704. Repeal of capacity limitation.
Sec. 705. Infrastructure activities.
Sec. 706. Rail line.
Sec. 707. Nuclear Waste Fund.
Sec. 708. Waste confidence.
Subtitle B—Tax provisions
Sec. 711. Investment tax credit for investments in nuclear
power facilities.
Sec. 712. 5-year accelerated depreciation for new nuclear power
facilities.
TITLE VIII—Leasing program for land within Coastal
Plain
Sec. 801. Definitions.
Sec. 802. Leasing program for land within the Coastal
Plain.
Sec. 803. Lease sales.
Sec. 804. Grant of leases by the Secretary.
Sec. 805. Lease terms and conditions.
Sec. 806. Coastal Plain environmental protection.
Sec. 807. Expedited judicial review.
Sec. 808. Rights-of-way and easements across Coastal
Plain.
Sec. 809. Conveyance.
Sec. 810. Local government impact aid and community service
assistance.
Sec. 811. Prohibition on exports.
Sec. 812. Allocation of revenues.
<enum>I</enum><header>Saving American
energy</header>
<subtitle id="idAE9E4D2DAC504904A73BEEC4DAF68E20"><enum>A</enum><header>Plug in hybrid
technology </header>
<section id="IDb59fee3211b64e3791d9efabc9bc6b3d"><enum>101.</enum><header>Advanced
batteries for electric drive vehicles</header>
<subsection id="IDf5ba689846d143c5bbd4510e082c7ca6"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="ID8b4eff72b9944212a9b0f25f3117034c"><enum>(1)</enum><header>Advanced
battery</header><text>The term <term>advanced battery</term> means an
electrical storage device that is suitable for a vehicle application.</text>
</paragraph><paragraph id="ID17f739c1f2fc4ec8aa0950eae00affdb"><enum>(2)</enum><header>Engineering
integration costs</header><text>The term <term>engineering integration
costs</term> includes the cost of engineering tasks relating to—</text>
<subparagraph id="IDaa5abe2298da44ba91f9eb761da653e3"><enum>(A)</enum><text>the incorporation
of qualifying components into the design of an advanced battery; and</text>
</subparagraph><subparagraph id="ID1b68601144a14a84b6136cdceceeea72"><enum>(B)</enum><text>the design of
tooling and equipment and the development of manufacturing processes and
material for suppliers of production facilities that produce qualifying
components or advanced batteries.</text>
</subparagraph></paragraph><paragraph id="IDc6a71f1f39d142e0baea55317617b272"><enum>(3)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Energy.</text>
</paragraph></subsection><subsection id="ID5c3507184b3149be8b43f4674487909a"><enum>(b)</enum><header>Advanced
battery research and development</header>
<paragraph id="ID1d00b16599fe4e72bbefd1cada0c07a2"><enum>(1)</enum><header>In
general</header><text>The Secretary shall—</text>
<subparagraph id="IDd9d1756ff9a34aea8d671451ebaa71b3"><enum>(A)</enum><text>expand and
accelerate research and development efforts for advanced batteries; and</text>
</subparagraph><subparagraph id="ID1b86f21349204782aac77c56a6a258e3"><enum>(B)</enum><text>emphasize lower
cost means of producing abuse-tolerant advanced batteries with the appropriate
balance of power and energy capacity to meet market requirements.</text>
</subparagraph></paragraph><paragraph id="ID8226b20b0ea841068291769678cd5d0e"><enum>(2)</enum><header>Authorization
of appropriations</header><text>There is authorized to be appropriated to carry
out this subsection $100,000,000 for each of fiscal years 2010 through
2014.</text>
</paragraph></subsection><subsection id="ID4e169d35b10a4bea8be745c38b962226"><enum>(c)</enum><header>Direct loan
program</header>
<paragraph id="ID0e3b2c2f2518409fb07332c5728e2656"><enum>(1)</enum><header>In
general</header><text>Subject to the availability of appropriated funds, not
later than 1 year after the date of enactment of this Act, the Secretary shall
carry out a program to provide a total of not more than $250,000,000 in loans
to eligible individuals and entities for not more than 30 percent of the costs
of 1 or more of—</text>
<subparagraph id="ID901e089f2e7841059d48f16b758e77ac"><enum>(A)</enum><text>reequipping a
manufacturing facility in the United States to produce advanced
batteries;</text>
</subparagraph><subparagraph id="ID9dd8a9c84dbf4900a6eac601c95f0ddc"><enum>(B)</enum><text>expanding a
manufacturing facility in the United States to produce advanced batteries;
or</text>
</subparagraph><subparagraph id="IDfaf79e4f482e4d3da878a60955973a25"><enum>(C)</enum><text>establishing a
manufacturing facility in the United States to produce advanced
batteries.</text>
</subparagraph></paragraph><paragraph id="ID2fa3786f69974b189f18aeeba712e3f1"><enum>(2)</enum><header>Eligibility</header>
<subparagraph id="ID5f226d4c45154fba8da67885ae609898"><enum>(A)</enum><header>In
general</header><text>To be eligible to obtain a loan under this subsection, an
individual or entity shall—</text>
<clause id="IDb4ed59de9bc140c7b11586191563b32d"><enum>(i)</enum><text>be
financially viable without the receipt of additional Federal funding associated
with a proposed project under this subsection;</text>
</clause><clause id="IDa025c8475274431b99cd46cadc2d8695"><enum>(ii)</enum><text>provide
sufficient information to the Secretary for the Secretary to ensure that the
qualified investment is expended efficiently and effectively; and</text>
</clause><clause id="IDd3725549a2454e939e175202a35d2006"><enum>(iii)</enum><text>meet such other
criteria as may be established and published by the Secretary.</text>
</clause></subparagraph><subparagraph id="ID10bbc02b0ef6454bb0d3265b267c5c7a"><enum>(B)</enum><header>Consideration</header><text>In
selecting eligible individuals or entities for loans under this subsection, the
Secretary may consider whether the proposed project of an eligible individual
or entity under this subsection would—</text>
<clause id="IDa92866d045d743ae93178bfd8942daf9"><enum>(i)</enum><text>reduce
manufacturing time;</text>
</clause><clause id="IDf7e5d57e428a438689b85dd50796f55d"><enum>(ii)</enum><text>reduce
manufacturing energy intensity;</text>
</clause><clause id="ID9a03eda1d9ac4ddc90d395675a874cd1"><enum>(iii)</enum><text>reduce negative
environmental impacts or byproducts; or</text>
</clause><clause id="ID86c56d60c8d44f77a472261059e9abe9"><enum>(iv)</enum><text>increase spent
battery or component recycling.</text>
</clause></subparagraph></paragraph><paragraph id="ID5e4cfa4e525946218a6cb65ba3f962b4"><enum>(3)</enum><header>Rates, terms,
and repayment of loans</header><text>A loan provided under this
subsection—</text>
<subparagraph id="ID0c11a28ac7a1430596df28d8379982e8"><enum>(A)</enum><text>shall have an
interest rate that, as of the date on which the loan is made, is equal to the
cost of funds to the Department of the Treasury for obligations of comparable
maturity;</text>
</subparagraph><subparagraph id="ID79439c7c08634429b7df39b4094f53e0"><enum>(B)</enum><text>shall have a term
that is equal to the lesser of—</text>
<clause id="ID1b9cfaf5892941719c2c21e47be5551c"><enum>(i)</enum><text>the
projected life, in years, of the eligible project to be carried out using funds
from the loan, as determined by the Secretary; or</text>
</clause><clause id="ID0d297b7ff9644c1996ef0051236c8b21"><enum>(ii)</enum><text>25
years; and</text>
</clause></subparagraph><subparagraph id="ID1d1d941aca294f84a8652a1488ba47ef"><enum>(C)</enum><text>may be subject to
a deferral in repayment for not more than 5 years after the date on which the
eligible project carried out using funds from the loan first begins operations,
as determined by the Secretary.</text>
</subparagraph></paragraph><paragraph id="ID7ecc703a6b1f4283877ae0fc9621671b"><enum>(4)</enum><header>Period of
availability</header><text>A loan under this subsection shall be available
for—</text>
<subparagraph id="IDc8dd7cd07b424508ba1b323143f14ce5"><enum>(A)</enum><text>facilities and
equipment placed in service before December 30, 2020; and</text>
</subparagraph><subparagraph id="IDe17f847e710e4aefb66abf842bc279da"><enum>(B)</enum><text>engineering
integration costs incurred during the period beginning on the date of enactment
of this Act and ending on December 30, 2020.</text>
</subparagraph></paragraph><paragraph id="ID953df7679b2c4926919a1d40a4d46004"><enum>(5)</enum><header>Fees</header><text>The
cost of administering a loan made under this subsection shall not exceed
$100,000.</text>
</paragraph><paragraph id="ID167686f3e35245c38f3815798d0dad66"><enum>(6)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated such
sums as are necessary to carry out this subsection for each of fiscal years
2009 through 2013.</text>
</paragraph></subsection><subsection id="ID11460f5c688149d38fe253623369d109"><enum>(d)</enum><header>Sense of the
Senate on purchase of plug-in electric drive vehicles</header><text>It is the
sense of the Senate that, to the maximum extent practicable, the Federal
Government should implement policies to increase the purchase of plug-in
electric drive vehicles by the Federal Government.</text>
</subsection></section></subtitle><subtitle id="id97DACCE44CFB426FAB9DDF4510FC4FCD"><enum>B</enum><header>Promoting energy
efficiency</header>
<section id="ID4533d96ae0b44f04abffec8db2aeb493"><enum>111.</enum><header>Expanding
information on energy savings techniques</header><text display-inline="no-display-inline">Not later than 1 year after the date of
enactment of this Act, the Secretary of Energy shall submit to Congress a
report that contains recommendations on—</text>
<paragraph id="IDb695c2f6f3314551a0d03e69ab23bb0a"><enum>(1)</enum><text>educational
outreach opportunities that can be implemented by Federal agencies to increase
the knowledge of the people of the United States of energy saving techniques
that can be used in daily life; and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID0702afaf8ef548e58d460cb70345ff5b"><enum>(2)</enum><text>actions that can
be taken by Congress to increase the knowledge of the people of the United
States of energy saving techniques that can be used in daily life.</text>
</paragraph></section></subtitle><enum>II</enum><header>Increasing
American energy supply</header>
<subtitle id="idE5743742C9174B4BAD6558BF6D276A44"><enum>A</enum><header>Outer Continental
Shelf </header>
<section id="ID47fb0a2b489e472b9efdc61048a0cfe5"><enum>201.</enum><header>Publication of
projected State lines on outer continental shelf</header><text display-inline="no-display-inline">Section 4(a)(2)(A) of the Outer Continental
Shelf Lands Act (43 U.S.C. 1333(a)(2)(A)) is amended—</text>
<paragraph id="IDa79a9b415d6b48499c1fef87be785d8a"><enum>(1)</enum><text>by designating
the first, second, and third sentences as clause (i), (iii), and (iv),
respectively;</text>
</paragraph><paragraph id="IDd99ba8fbf38d4d6085a219e3b6f01c52"><enum>(2)</enum><text>in clause (i) (as
so designated), by inserting before the period at the end the following:
<quote>not later than 90 days after the date of enactment of the Eight Steps
for Energy Security Act of 2008</quote>; and</text>
</paragraph><paragraph id="IDf9e16c8a3cee4432bd4ceea2b11853fb"><enum>(3)</enum><text>by inserting
after clause (i) (as so designated) the following:</text>
<quoted-block display-inline="no-display-inline" id="id391CFEB48F3E4A619186D60E8E803380" style="OLC">
<clause id="ID262f785e01224e0da27b906d1f05a2ec"><enum>(i)</enum><subclause commented="no" display-inline="yes-display-inline" id="id05D16962B87E4652A09237576E7A2758"><enum>(I)</enum><text>The projected lines
shall also be used for the purpose of preleasing and leasing activities
conducted in new producing areas under section 32.</text>
</subclause><subclause id="id3545E51E28E449908A114011AFCD93A2" indent="up1"><enum>(II)</enum><text>This clause shall not affect any
property right or title to Federal submerged land on the outer Continental
Shelf.</text>
</subclause><subclause id="id0989919F3D6440ECBC9F0FAC64D0AC7D" indent="up1"><enum>(III)</enum><text>In carrying out this clause, the
President shall consider the offshore administrative boundaries beyond State
submerged lands for planning, coordination, and administrative purposes of the
Department of the Interior, but may establish different
boundaries.</text>
</subclause></clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="ID918effad6aef4420a4bd4549f72c519b"><enum>202.</enum><header>Production of
oil and natural gas in new producing areas</header><text display-inline="no-display-inline">The Outer Continental Shelf Lands Act (43
U.S.C. 1331 et seq.) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id8B3654EC96F741C0BF8F2FB944C2AD51" style="OLC">
<section id="IDe4781b2147d64d45b0139e54def21674"><enum>32.</enum><header>Production of
oil and natural gas in new producing areas</header>
<subsection id="ID4a2b21571b2545d08935820f7cb90348"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="ID7cef87673e2c4c2ca80f5b6b3f9dbf34"><enum>(1)</enum><header>Coastal
political subdivision</header><text>The term <term>coastal political
subdivision</term> means a political subdivision of a new producing State any
part of which political subdivision is—</text>
<subparagraph id="ID2a6849c56ddc4da38c99fad5af92105b"><enum>(A)</enum><text>within the
coastal zone (as defined in section 304 of the Coastal Zone Management Act of
1972 (16 U.S.C. 1453)) of the new producing State as of the date of enactment
of this section; and</text>
</subparagraph><subparagraph id="IDcceec88b412940749c7a0071f76a0118"><enum>(B)</enum><text>not more than 200
nautical miles from the geographic center of any leased tract.</text>
</subparagraph></paragraph><paragraph id="ID26bedaef9f7942799bef588ce7b9fd6d"><enum>(2)</enum><header>Moratorium
area</header>
<subparagraph id="ID3b9824f96ac64bfe91adc3309e355df1"><enum>(A)</enum><header>In
general</header><text>The term <term>moratorium area</term> means an area
covered by sections 104 through 105 of the Department of the Interior,
Environment, and Related Agencies Appropriations Act, 2008 (Public Law 110–161;
121 Stat. 2118) (as in effect on the day before the date of enactment of this
section).</text>
</subparagraph><subparagraph id="IDc0596383d35844bb8c3348b6b7582615"><enum>(B)</enum><header>Exclusion</header><text>The
term <term>moratorium area</term> does not include an area located in the Gulf
of Mexico.</text>
</subparagraph></paragraph><paragraph id="IDdce607b39aa5401cba0e6a21f21d95a0"><enum>(3)</enum><header>New producing
area</header><text>The term <term>new producing area</term> means any
moratorium area within the offshore administrative boundaries beyond the
submerged land of a State that is located greater than 50 miles from the
coastline of the State.</text>
</paragraph><paragraph id="IDc19f0829e31a4f019ab51e2c9d020130"><enum>(4)</enum><header>New producing
State</header><text>The term <term>new producing State</term> means a State
that has, within the offshore administrative boundaries beyond the submerged
land of the State, a new producing area available for oil and gas leasing under
subsection (b).</text>
</paragraph><paragraph id="ID53954df3baad4d81b52db0c4824e0f20"><enum>(5)</enum><header>Offshore
administrative boundaries</header><text>The term <term>offshore administrative
boundaries</term> means the administrative boundaries established by the
Secretary beyond State submerged land for planning, coordination, and
administrative purposes of the Department of the Interior and published in the
Federal Register on January 3, 2006 (71 Fed. Reg. 127).</text>
</paragraph><paragraph id="IDa2994480158f4f01924f0475d2cf9fb0"><enum>(6)</enum><header>Qualified outer
continental shelf revenues</header>
<subparagraph id="IDfea729a02bad4af29b7fae41aa408f88"><enum>(A)</enum><header>In
general</header><text>The term <term>qualified outer Continental Shelf
revenues</term> means all rentals, royalties, bonus bids, and other sums due
and payable to the United States from leases entered into on or after the date
of enactment of this section for new producing areas.</text>
</subparagraph><subparagraph id="IDa9038e50138d47c6b2ec29701f071917"><enum>(B)</enum><header>Exclusions</header><text>The
term <term>qualified outer Continental Shelf revenues</term> does not
include—</text>
<clause id="ID960cc000bcf6479db62f060115310de4"><enum>(i)</enum><text>revenues from a
bond or other surety forfeited for obligations other than the collection of
royalties;</text>
</clause><clause id="IDec6f4c463eb0417c804f11dafb4b70e4"><enum>(ii)</enum><text>revenues from
civil penalties;</text>
</clause><clause id="ID39b04c59ac594583b0fdc2ef0d2a0257"><enum>(iii)</enum><text>royalties taken
by the Secretary in-kind and not sold;</text>
</clause><clause id="ID78ce05ae748c43858d049350014f07f7"><enum>(iv)</enum><text>revenues
generated from leases subject to section 8(g); or</text>
</clause><clause id="IDd26ac039122d4f2393bd7a0b7e30e156"><enum>(v)</enum><text>any revenues
considered qualified outer Continental Shelf revenues under section 102 of the
Gulf of Mexico Energy Security Act of 2006 (43 U.S.C. 1331 note; Public Law
109–432).</text>
</clause></subparagraph></paragraph></subsection><subsection id="ID89d95bbbf83f4e88ba2e24413c288575"><enum>(b)</enum><header>Petition for
leasing new producing areas</header>
<paragraph id="ID0b4315eec50f48bb950f7c83b77edc28"><enum>(1)</enum><header>In
general</header><text>Beginning on the date on which the President delineates
projected State lines under section 4(a)(2)(A)(ii), the Governor of a State,
with the concurrence of the legislature of the State, with a new producing area
within the offshore administrative boundaries beyond the submerged land of the
State may submit to the Secretary a petition requesting that the Secretary make
the new producing area available for oil and gas leasing.</text>
</paragraph><paragraph id="ID006a812f0e12482c92e62a0634290e4f"><enum>(2)</enum><header>Action by
Secretary</header><text>Notwithstanding section 18, as soon as practicable
after receipt of a petition under paragraph (1), the Secretary shall approve
the petition if the Secretary determines that leasing the new producing area
would not create an unreasonable risk of harm to the marine, human, or coastal
environment.</text>
</paragraph></subsection><subsection id="ID30ab7ce4b0bc4e1b8fc172ecf5bd7f2f"><enum>(c)</enum><header>Disposition of
qualified outer continental shelf revenues from new producing areas</header>
<paragraph id="ID41ca4f5947d94c35a4bf22363bd621cf"><enum>(1)</enum><header>In
general</header><text>Notwithstanding section 9 and subject to the other
provisions of this subsection, for each applicable fiscal year, the Secretary
of the Treasury shall deposit—</text>
<subparagraph id="ID6880ca0cb87348b8bb7f342ebb38d2eb"><enum>(A)</enum><text>50 percent of
qualified outer Continental Shelf revenues in the general fund of the Treasury;
and</text>
</subparagraph><subparagraph id="ID51fc0a1af66246509e3951ded787a6d2"><enum>(B)</enum><text>50 percent of
qualified outer Continental Shelf revenues in a special account in the Treasury
from which the Secretary shall disburse—</text>
<clause id="ID253897fccdb045e6917592d12181f70f"><enum>(i)</enum><text>75 percent to new
producing States in accordance with paragraph (2); and</text>
</clause><clause id="ID9488c4de534c49638c8f1b4161336366"><enum>(ii)</enum><text>25 percent to
provide financial assistance to States in accordance with section 6 of the Land
and Water Conservation Fund Act of 1965 (16 U.S.C. 460l–8), which shall be
considered income to the Land and Water Conservation Fund for purposes of
section 2 of that Act (16 U.S.C. 460l–5).</text>
</clause></subparagraph></paragraph><paragraph id="IDca3e963956ff4618b5413059b14f52fb"><enum>(2)</enum><header>Allocation to
new producing States and coastal political subdivisions</header>
<subparagraph id="IDbd90a081dca0429b8fe4b2319a15408e"><enum>(A)</enum><header>Allocation to
new producing States</header><text>Effective for fiscal year 2008 and each
fiscal year thereafter, the amount made available under paragraph (1)(B)(i)
shall be allocated to each new producing State in amounts (based on a formula
established by the Secretary by regulation) proportional to the amount of
qualified outer Continental Shelf revenues generated in the new producing area
offshore each State.</text>
</subparagraph><subparagraph id="IDc00184f4262542f2aefb35f7494c5992"><enum>(B)</enum><header>Payments to
coastal political subdivisions</header>
<clause id="ID4cc964c22d24494aaf7b4b7e65e90e6d"><enum>(i)</enum><header>In
general</header><text>The Secretary shall pay 20 percent of the allocable share
of each new producing State, as determined under subparagraph (A), to the
coastal political subdivisions of the new producing State.</text>
</clause><clause id="ID1c04541fd61e4e62ac5971bda036ffa1"><enum>(ii)</enum><header>Allocation</header><text>The
amount paid by the Secretary to coastal political subdivisions shall be
allocated to each coastal political subdivision in accordance with the
regulations promulgated under subparagraph (A).</text>
</clause></subparagraph></paragraph><paragraph id="ID38ed22c7a2274ef3bf5dd58259b72e2e"><enum>(3)</enum><header>Minimum
allocation</header><text>The amount allocated to a new producing State for each
fiscal year under paragraph (2) shall be at least 5 percent of the amounts
available for the fiscal year under paragraph (1)(B)(i).</text>
</paragraph><paragraph id="ID8d40efe7738d49fb96f77ca0c18cc306"><enum>(4)</enum><header>Timing</header><text>The
amounts required to be deposited under subparagraph (B) of paragraph (1) for
the applicable fiscal year shall be made available in accordance with that
subparagraph during the fiscal year immediately following the applicable fiscal
year.</text>
</paragraph><paragraph id="ID2bc316b49cd7467f9b53d0bc46fe1cd5"><enum>(5)</enum><header>Authorized
uses</header>
<subparagraph id="ID967592858d91488e932dc70d3cf5db65"><enum>(A)</enum><header>In
general</header><text>Subject to subparagraph (B), each new producing State and
coastal political subdivision shall use all amounts received under paragraph
(2) in accordance with all applicable Federal and State laws, only for 1 or
more of the following purposes:</text>
<clause id="ID94738669099e47bca2260e7ffe53fdfa"><enum>(i)</enum><text>Projects and
activities for the purposes of coastal protection, including conservation,
coastal restoration, hurricane protection, and infrastructure directly affected
by coastal wetland losses.</text>
</clause><clause id="IDfc6eff2c3e294152a5ea91f256ad0f14"><enum>(ii)</enum><text>Mitigation of
damage to fish, wildlife, or natural resources.</text>
</clause><clause id="ID7a9cf6f974794b6b9a9102c207f749a2"><enum>(iii)</enum><text>Implementation
of a federally approved marine, coastal, or comprehensive conservation
management plan.</text>
</clause><clause id="ID1b0386dfd6e84a2daab090ddb53dda1d"><enum>(iv)</enum><text>Funding of
onshore infrastructure projects.</text>
</clause><clause id="ID118c8473c70b42a99e3c841f1ea11fed"><enum>(v)</enum><text>Planning
assistance and the administrative costs of complying with this section.</text>
</clause></subparagraph><subparagraph id="IDb4bcb45e9cb045e0bb276ab5910476f7"><enum>(B)</enum><header>Limitation</header><text>Not
more than 3 percent of amounts received by a new producing State or coastal
political subdivision under paragraph (2) may be used for the purposes
described in subparagraph (A)(v).</text>
</subparagraph></paragraph><paragraph id="ID471353e4a196436b84a435b87b179cf5"><enum>(6)</enum><header>Administration</header><text>Amounts
made available under paragraph (1)(B) shall—</text>
<subparagraph id="IDf6f5c882c3ec4c88b14632977c27858b"><enum>(A)</enum><text>be made
available, without further appropriation, in accordance with this
subsection;</text>
</subparagraph><subparagraph id="ID17dae5453a7647d680c65706f7d22539"><enum>(B)</enum><text>remain available
until expended; and</text>
</subparagraph><subparagraph id="ID6a240050ccd640bfb0680e10c04e6c87"><enum>(C)</enum><text>be in addition to
any amounts appropriated under—</text>
<clause id="ID4a961c855f6147db8e2dfe5fbf71b63e"><enum>(i)</enum><text>other provisions
of this Act;</text>
</clause><clause id="ID4e83a521e848442ab6808750cde7af7d"><enum>(ii)</enum><text>the Land and
Water Conservation Fund Act of 1965 (16 U.S.C. 460l–4 et seq.); or</text>
</clause><clause id="ID7cc754b4a5cf4041bf8d8be9e2e22843"><enum>(iii)</enum><text>any other
provision of law.</text>
</clause></subparagraph></paragraph></subsection><subsection id="IDb9823b0e22fa4466b222eafe46771f73"><enum>(d)</enum><header>Disposition of
qualified outer continental shelf revenues from other
areas</header><text>Notwithstanding section 9, for each applicable fiscal year,
the terms and conditions of subsection (c) shall apply to the disposition of
qualified outer Continental Shelf revenues that—</text>
<paragraph id="IDf74042b311254685960226840502ea33"><enum>(1)</enum><text>are derived from
oil or gas leasing in an area that is not included in the current 5-year plan
of the Secretary for oil or gas leasing; and</text>
</paragraph><paragraph id="ID7a9f2b861d9a4bc4a797f6fc9cd3214f"><enum>(2)</enum><text>are not assumed
in the budget of the United States Government submitted by the President under
section 1105 of title 31, United States
Code.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="ID276a404c6d524b46b74f14b4bb9167f1"><enum>203.</enum><header>Conforming
amendments</header><text display-inline="no-display-inline">Sections 104 and
105 of the Department of the Interior, Environment, and Related Agencies
Appropriations Act, 2008 (Public Law 110–161; 121 Stat. 2118) are amended by
striking <quote>No funds</quote> each place it appears and inserting
<quote>Except as provided in section 32 of the Outer Continental Shelf Lands
Act, no funds</quote>.</text>
</section></subtitle><subtitle id="idE4EAFEDB0F844E62AC1D7C5954FEB960"><enum>B</enum><header>Oil shale
development</header>
<section commented="no" display-inline="no-display-inline" id="ID2197b93e031942f491973d963ba921c2" section-type="subsequent-section"><enum>211.</enum><header>Removal of
prohibition on final regulations for commercial leasing program for oil shale
resources on public land</header><text display-inline="no-display-inline">Section 433 of the Department of the
Interior, Environment, and Related Agencies Appropriations Act, 2008 (Public
Law 110–161; 121 Stat. 2152) is repealed.</text>
</section></subtitle><enum>III</enum><header>Streamline
permitting</header>
<subtitle id="idB79092B67492432CAAB2F49489A0E75B"><enum>A</enum><header>Streamline
refinery permitting process</header>
<section id="ID88e80dc05658481a98c2a9428447766e"><enum>301.</enum><header>Refinery
permitting process</header>
<subsection id="ID6534b25c58c348e4a490ff5825493d93"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="IDa0094f680d3c4ca88a9191f085428d80"><enum>(1)</enum><header>Administrator</header><text>The
term <term>Administrator</term> means the Administrator of the Environmental
Protection Agency.</text>
</paragraph><paragraph id="ID6361434e1a194668b277d81336b79db3"><enum>(2)</enum><header>Indian
tribe</header><text>The term <term>Indian tribe</term> has the meaning given
the term in section 4 of the Indian Self-Determination and Education Assistance
Act (25 U.S.C. 450b).</text>
</paragraph><paragraph id="ID057043984d5349448796deb904029f87"><enum>(3)</enum><header>Permit</header><text>The
term <term>permit</term> means any permit, license, approval, variance, or
other form of authorization that a refiner is required to obtain—</text>
<subparagraph id="IDe2c96402084f41afb0b8052bb8ba95b4"><enum>(A)</enum><text>under any Federal
law; or</text>
</subparagraph><subparagraph id="IDa6ce3d0e18d9466897665156a5ed7438"><enum>(B)</enum><text>from a State or
Indian tribal government agency delegated authority by the Federal Government,
or authorized under Federal law, to issue permits.</text>
</subparagraph></paragraph><paragraph id="IDccbf78d6e4f14624a02b5adb50518ee4"><enum>(4)</enum><header>Refiner</header><text>The
term <term>refiner</term> means a person that—</text>
<subparagraph id="IDc7830aa146d347bf805307495d89c323"><enum>(A)</enum><text>owns or operates
a refinery; or</text>
</subparagraph><subparagraph id="IDa014c21fd2284d96a03b780e1c9152dc"><enum>(B)</enum><text>seeks to become
an owner or operator of a refinery.</text>
</subparagraph></paragraph><paragraph id="ID68d53a54a43048d3a2e47f59243dfe14"><enum>(5)</enum><header>Refinery</header>
<subparagraph id="ID74fa81260af449e49e6d8dbfa44ba3b7"><enum>(A)</enum><header>In
general</header><text>The term <term>refinery</term> means—</text>
<clause id="ID9fe1f06094b14226befe098ccf3710b0"><enum>(i)</enum><text>a
facility at which crude oil is refined into transportation fuel or other
petroleum products; and</text>
</clause><clause id="IDe1e41f1094f04d87a5279ac0d8dada11"><enum>(ii)</enum><text>a
coal liquification or coal-to-liquid facility at which coal is processed into
synthetic crude oil or any other fuel.</text>
</clause></subparagraph><subparagraph id="ID9c601c703cb8479b8ebad718a2fe03a7"><enum>(B)</enum><header>Inclusions</header><text>The
term <term>refinery</term> includes an expansion of a refinery.</text>
</subparagraph></paragraph><paragraph id="ID070ad2c382d2454fa79efcebda3c941e"><enum>(6)</enum><header>Refinery
expansion</header><text>The term <term>refinery expansion</term> means a
physical change in a refinery that results in an increase in the capacity of
the refinery.</text>
</paragraph><paragraph id="IDad346ac62d754ee7898cc044708773f2"><enum>(7)</enum><header>Refinery
permitting agreement</header><text>The term <term>refinery permitting
agreement</term> means an agreement entered into between the Administrator and
a State or Indian tribe under subsection (b).</text>
</paragraph><paragraph id="IDee65e29ef7e64112a1e3b0d3878db5da"><enum>(8)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Commerce.</text>
</paragraph><paragraph id="IDef32caf624c541acaad889d86738af56"><enum>(9)</enum><header>State</header><text>The
term <term>State</term> means—</text>
<subparagraph id="ID641b1b0c4cd74e859e0baadb8d2b3ccc"><enum>(A)</enum><text>a State;</text>
</subparagraph><subparagraph id="IDc1217a3317134e0a9c80584d4f8147c4"><enum>(B)</enum><text>the District of
Columbia;</text>
</subparagraph><subparagraph id="ID0162b39471d54ff087d5d4e871d3d6ce"><enum>(C)</enum><text>the Commonwealth
of Puerto Rico; and</text>
</subparagraph><subparagraph id="IDbad49ecc11664cab83c35cc64f5435ac"><enum>(D)</enum><text>any other
territory or possession of the United States.</text>
</subparagraph></paragraph></subsection><subsection id="ID046d20f484f44e0fb4843252ca4d3746"><enum>(b)</enum><header>Streamlining of
refinery permitting process</header>
<paragraph id="ID0a7e9e050bfc4255983ddc8a10f4b146"><enum>(1)</enum><header>In
general</header><text>At the request of the Governor of a State or the
governing body of an Indian tribe, the Administrator shall enter into a
refinery permitting agreement with the State or Indian tribe under which the
process for obtaining all permits necessary for the construction and operation
of a refinery shall be streamlined using a systematic interdisciplinary
multimedia approach as provided in this section.</text>
</paragraph><paragraph id="IDe6795a4ec69c4fd8a5c7d56fb880f469"><enum>(2)</enum><header>Authority of
Administrator</header><text>Under a refinery permitting agreement—</text>
<subparagraph id="IDa7a0ebeb33c64a3ca072080387d74cba"><enum>(A)</enum><text>the Administrator
shall have authority, as applicable and necessary, to—</text>
<clause id="IDc436c32bd56147999bcc18ed98cdb231"><enum>(i)</enum><text>accept from a
refiner a consolidated application for all permits that the refiner is required
to obtain to construct and operate a refinery;</text>
</clause><clause id="ID515209c135094caaae83ead4a1b2670d"><enum>(ii)</enum><text>in
consultation and cooperation with each Federal, State, or Indian tribal
government agency that is required to make any determination to authorize the
issuance of a permit, establish a schedule under which each agency
shall—</text>
<subclause id="ID0be2d74116594c7798a05c3268a3c9d6"><enum>(I)</enum><text>concurrently
consider, to the maximum extent practicable, each determination to be made;
and</text>
</subclause><subclause id="ID1d9b80eefe284273a7351bc6b73d0f3b"><enum>(II)</enum><text>complete each
step in the permitting process; and</text>
</subclause></clause><clause id="ID71f04120979c4c0d8287cfbef5ad4530"><enum>(iii)</enum><text>issue a
consolidated permit that combines all permits issued under the schedule
established under clause (ii); and</text>
</clause></subparagraph><subparagraph id="IDdf30e7a97c3849c5a7783b8a3c2813ac"><enum>(B)</enum><text>the Administrator
shall provide to State and Indian tribal government agencies—</text>
<clause id="ID304c7d23feb24d91a457652e99921493"><enum>(i)</enum><text>financial
assistance in such amounts as the agencies reasonably require to hire such
additional personnel as are necessary to enable the government agencies to
comply with the applicable schedule established under subparagraph (A)(ii);
and</text>
</clause><clause id="ID736313c617f54518bda3a171b1706720"><enum>(ii)</enum><text>technical,
legal, and other assistance in complying with the refinery permitting
agreement.</text>
</clause></subparagraph></paragraph><paragraph id="ID99943e85256a46a8985c6ccf95c9e177"><enum>(3)</enum><header>Agreement by
the State</header><text>Under a refinery permitting agreement, a State or
governing body of an Indian tribe shall agree that—</text>
<subparagraph id="IDa0a4c2fab5a64b91a52d6628c76f1617"><enum>(A)</enum><text>the Administrator
shall have each of the authorities described in paragraph (2); and</text>
</subparagraph><subparagraph id="ID5059909d5ef641b7b1bf90fa99ab3caa"><enum>(B)</enum><text>each State or
Indian tribal government agency shall—</text>
<clause id="ID243555e5c72c405ebb3eff5836c6e7a3"><enum>(i)</enum><text>in
accordance with State law, make such structural and operational changes in the
agencies as are necessary to enable the agencies to carry out consolidated
project-wide permit reviews concurrently and in coordination with the
Environmental Protection Agency and other Federal agencies; and</text>
</clause><clause id="IDea7381b5ef264664995fc596c3bcdc75"><enum>(ii)</enum><text>comply, to the
maximum extent practicable, with the applicable schedule established under
paragraph (2)(A)(ii).</text>
</clause></subparagraph></paragraph><paragraph id="IDeb688413ceab4341814a531394e33be4"><enum>(4)</enum><header>Deadlines</header>
<subparagraph id="ID6859eac0eada478aa373e897493461ee"><enum>(A)</enum><header>New
refineries</header><text>In the case of a consolidated permit for the
construction of a new refinery, the Administrator and the State or governing
body of an Indian tribe shall approve or disapprove the consolidated permit not
later than—</text>
<clause id="ID6416ad7419484ebb948af8a633bb0dd7"><enum>(i)</enum><text>360
days after the date of the receipt of the administratively complete application
for the consolidated permit; or</text>
</clause><clause id="IDc918d30f9fd1459d93fbd0a5c38e165c"><enum>(ii)</enum><text>on
agreement of the applicant, the Administrator, and the State or governing body
of the Indian tribe, 90 days after the expiration of the deadline established
under clause (i).</text>
</clause></subparagraph><subparagraph id="ID3947d57ddac44809b8ce611980b5033b"><enum>(B)</enum><header>Expansion of
existing refineries</header><text>In the case of a consolidated permit for the
expansion of an existing refinery, the Administrator and the State or governing
body of an Indian tribe shall approve or disapprove the consolidated permit not
later than—</text>
<clause id="ID3a7c79bbb5c1412f9b4f321c29a164f0"><enum>(i)</enum><text>120
days after the date of the receipt of the administratively complete application
for the consolidated permit; or</text>
</clause><clause id="ID331a7436df7048edb0bf25a930d9f6be"><enum>(ii)</enum><text>on
agreement of the applicant, the Administrator, and the State or governing body
of the Indian tribe, 30 days after the expiration of the deadline established
under clause (i).</text>
</clause></subparagraph></paragraph><paragraph id="IDb0e46917388340c8a57fc9b05c951553"><enum>(5)</enum><header>Federal
agencies</header><text>Each Federal agency that is required to make any
determination to authorize the issuance of a permit shall comply with the
applicable schedule established under paragraph (2)(A)(ii).</text>
</paragraph><paragraph id="IDa6c32336f5b346c9a796e9f6d256144f"><enum>(6)</enum><header>Judicial
review</header><text>Any civil action for review of any permit determination
under a refinery permitting agreement shall be brought exclusively in the
United States district court for the district in which the refinery is located
or proposed to be located.</text>
</paragraph><paragraph id="ID947e1e8313d6435ea8ed58c8808b350b"><enum>(7)</enum><header>Efficient
permit review</header><text>In order to reduce the duplication of procedures,
the Administrator shall use State permitting and monitoring procedures to
satisfy substantially equivalent Federal requirements under this title.</text>
</paragraph><paragraph id="IDc23335e0a24b4d079589ea2c5c241d84"><enum>(8)</enum><header>Severability</header><text>If
1 or more permits that are required for the construction or operation of a
refinery are not approved on or before any deadline established under paragraph
(4), the Administrator may issue a consolidated permit that combines all other
permits that the refiner is required to obtain other than any permits that are
not approved.</text>
</paragraph><paragraph id="IDba02b8ea136c4be7b0eaa9bc552a81d2"><enum>(9)</enum><header>Savings</header><text>Nothing
in this subsection affects the operation or implementation of otherwise
applicable law regarding permits necessary for the construction and operation
of a refinery.</text>
</paragraph><paragraph id="IDef5924dd46cf4c28bbbf898d8932a636"><enum>(10)</enum><header>Consultation
with local governments</header><text>Congress encourages the Administrator,
States, and tribal governments to consult, to the maximum extent practicable,
with local governments in carrying out this subsection.</text>
</paragraph><paragraph id="IDb92586c03acb4eef808ef83477416cb1"><enum>(11)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated such
sums as are necessary to carry out this subsection.</text>
</paragraph><paragraph id="ID68990fbdcecd461088fa3eed5ab8913a"><enum>(12)</enum><header>Effect on
local authority</header><text>Nothing in this subsection affects—</text>
<subparagraph id="ID1ae60894a019454eafb62f4ce599c755"><enum>(A)</enum><text>the authority of
a local government with respect to the issuance of permits; or</text>
</subparagraph><subparagraph id="ID3660c7ed3f1e4bff9a6364048664accc"><enum>(B)</enum><text>any requirement
or ordinance of a local government (such as a zoning regulation).</text>
</subparagraph></paragraph></subsection><subsection id="IDf381b6daa9cf4ba3adf1fcb9f422e5f8"><enum>(c)</enum><header>Fischer-tropsch
fuels</header>
<paragraph id="ID1e442c6bfe2e41ed87d3bfc8a7632784"><enum>(1)</enum><header>In
general</header><text>In cooperation with the Secretary of Energy, the
Secretary of Defense, the Administrator of the Federal Aviation Administration,
Secretary of Health and Human Services, and Fischer-Tropsch industry
representatives, the Administrator shall—</text>
<subparagraph id="ID198e2858c0764ef987e5c9b859bd31a9"><enum>(A)</enum><text>conduct a
research and demonstration program to evaluate the air quality benefits of
ultra-clean Fischer-Tropsch transportation fuel, including diesel and jet
fuel;</text>
</subparagraph><subparagraph id="IDbd8df6b2c60b40f2933d5f9bca3fe91b"><enum>(B)</enum><text>evaluate the use
of ultra-clean Fischer-Tropsch transportation fuel as a mechanism for reducing
engine exhaust emissions; and</text>
</subparagraph><subparagraph id="ID01f24efd898f4082b30824899168039a"><enum>(C)</enum><text>submit
recommendations to Congress on the most effective use and associated benefits
of these ultra-clean fuel for reducing public exposure to exhaust
emissions.</text>
</subparagraph></paragraph><paragraph id="IDd431c6fbd66649ef94a5a887ffd1d8de"><enum>(2)</enum><header>Guidance and
technical support</header><text>The Administrator shall, to the extent
necessary, issue any guidance or technical support documents that would
facilitate the effective use and associated benefit of Fischer-Tropsch fuel and
blends.</text>
</paragraph><paragraph id="ID8b28aeecaedd415ebb4ea4e7ab73b8ae"><enum>(3)</enum><header>Requirements</header><text>The
program described in paragraph (1) shall consider—</text>
<subparagraph id="IDe84dca60771042b882c001afcfb5fe63"><enum>(A)</enum><text>the use of neat
(100 percent) Fischer-Tropsch fuel and blends with conventional crude
oil-derived fuel for heavy-duty and light-duty diesel engines and the aviation
sector; and</text>
</subparagraph><subparagraph id="ID6c4ceac208934629abe715ad0e9289a9"><enum>(B)</enum><text>the production
costs associated with domestic production of those ultra clean fuel and prices
for consumers.</text>
</subparagraph></paragraph><paragraph id="IDaf5cc96c840d4495bbe4e4b814e4ba9e"><enum>(4)</enum><header>Reports</header><text>The
Administrator shall submit to the Committee on Environment and Public Works and
the Committee on Energy and Natural Resources of the Senate and the Committee
on Energy and Commerce of the House of Representatives—</text>
<subparagraph id="IDbaf4c2318291444888d7964662b24542"><enum>(A)</enum><text>not later than 1
year, an interim report on actions taken to carry out this subsection;
and</text>
</subparagraph><subparagraph id="ID730a2b7d9cc04581bfd54162706ca2ca"><enum>(B)</enum><text>not later than 2
years, a final report on actions taken to carry out this subsection.</text>
</subparagraph></paragraph></subsection></section></subtitle><subtitle id="id914E6C8BEB044BDC8A71A2F10CD11BDE"><enum>B</enum><header>Application for
permit to drill fee removal</header>
<section id="ID3c9e1a655c0142f39d02f72c90a4af74"><enum>311.</enum><header>Removal of
additional fee for new applications for permits to drill</header><text display-inline="no-display-inline">The second undesignated paragraph of the
matter under the heading <quote><header-in-text level="paragraph" style="traditional">management of lands and resources</header-in-text></quote>
under the heading <quote><header-in-text level="subsection" style="OLC">Bureau
of Land Management</header-in-text></quote> of title I of the Department of the
Interior, Environment, and Related Agencies Appropriations Act, 2008 (Public
Law 110–161; 121 Stat. 2098) is amended by striking <quote>to be
reduced</quote> and all that follows through <quote>each new
application,</quote>.</text>
</section></subtitle><subtitle id="idE66721324B274B2A82CEE91146835259"><enum>C</enum><header>Report on
National Environmental Policy Act of 1969 </header>
<section commented="no" display-inline="no-display-inline" id="ID1dde11b06cec4de9aeacb99d403a337a" section-type="subsequent-section"><enum>321.</enum><header>Report on National
Environmental Policy Act of 1969</header><text display-inline="no-display-inline">Not later than 180 days after the date of
enactment of this Act, the Secretary of the Interior, in consultation with the
Secretary of Energy and the Administrator of the Environmental Protection
Agency, shall submit to Congress a report on actions that can be taken to
streamline the <act-name parsable-cite="NEPA69">National Environmental Policy
Act of 1969</act-name> (42 U.S.C. 4321 et seq.) to limit litigation under that
Act and increase energy production.</text>
</section></subtitle><enum>IV</enum><header>Innovation</header>
<section commented="no" display-inline="no-display-inline" id="IDD99268111450474ABEB1508887E62EFF" section-type="subsequent-section"><enum>401.</enum><header>Hydrogen
installation, infrastructure, and fuel costs</header>
<subsection commented="no" display-inline="no-display-inline" id="ID7D97788632FB45889BABCDC177AB1B28"><enum>(a)</enum><header>In
general</header><text display-inline="yes-display-inline">Subpart B of part IV
of subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to
foreign tax credit, etc.) is amended by adding at the end the following new
section:</text>
<quoted-block display-inline="no-display-inline" id="IDE3500BEC6FDF4C17A08125A20FAD3D84" style="OLC">
<section commented="no" display-inline="no-display-inline" id="ID563A1A96F7E5401A9B72F090E19D0966" section-type="subsequent-section"><enum>30D.</enum><header>Hydrogen
installation, infrastructure, and fuel costs</header>
<subsection commented="no" display-inline="no-display-inline" id="id453FD9CAB072454FACC319846778DF81"><enum>(a)</enum><header>Allowance of
credit</header><text>There shall be allowed as a credit against the tax imposed
by this chapter for the taxable year an amount equal to the sum of—</text>
<paragraph commented="no" display-inline="no-display-inline" id="id9F82FD9E09864761B46B00BACE3DE9E1"><enum>(1)</enum><text>the hydrogen
installation and infrastructure costs credit determined under subsection (b),
and</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idD7DDF3DAC4554BC2B8AFC8D9651E6BD4"><enum>(2)</enum><text>the hydrogen fuel
costs credit determined under subsection (c).</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDCCC84461480D46A28423830484E1093D"><enum>(b)</enum><header>Hydrogen
installation and infrastructure costs credit</header>
<paragraph commented="no" display-inline="no-display-inline" id="idF9B1AB4E92F54F0EA0DC7DDAA7F63CF5"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">For purposes of
subsection (a), the hydrogen installation and infrastructure costs credit
determined under this subsection with respect to each eligible hydrogen
production and distribution facility of the taxpayer is an amount equal
to—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="idBBC20F29EC8E4F13B06DDB0400C24CC2"><enum>(A)</enum><text display-inline="yes-display-inline">30 percent of so much of the installation
costs which when added to such costs taken into account with respect to such
facility for all preceding taxable years under this subparagraph does not
exceed $200,000, plus</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id1247034DD08143238484F91669EFB058"><enum>(B)</enum><text>30 percent of so
much of the infrastructure costs for the taxable year as does not exceed
$200,000 with respect to such facility, and which when added to such costs
taken into account with respect to such facility for all preceding taxable
years under this subparagraph does not exceed $600,000.</text>
</subparagraph><continuation-text continuation-text-level="paragraph">Nothing in
this section shall permit the same cost to be taken into account more than
once.</continuation-text></paragraph><paragraph id="id923C19095B7A41B2ABF6E64CEA06D482"><enum>(2)</enum><header>Eligible
hydrogen production and distribution facility</header><text>For purposes of
this subsection, the term <term>eligible hydrogen production and distribution
facility</term> means a hydrogen production and distribution facility which is
placed in service after December 31, 2008.</text>
</paragraph></subsection><subsection id="H8D07D1004F024D16A1299CF20900D713"><enum>(c)</enum><header>Hydrogen fuel
costs credit</header>
<paragraph id="id355D1063D7224DC1B7EB72B61D2E01E7"><enum>(1)</enum><header>In
general</header><text>For purposes of subsection (a), the hydrogen fuel costs
credit determined under this subsection with respect to each eligible hydrogen
device of the taxpayer is an amount equal to the qualified hydrogen expenditure
amounts with respect to such device.</text>
</paragraph><paragraph id="HF0F2F066E4D14541AE8C7713CCA5067E"><enum>(2)</enum><header>Qualified
hydrogen expenditure amount</header><text>For purposes of this
subsection—</text>
<subparagraph id="id4C4A13AA0EE347948AC4839DF5044933"><enum>(A)</enum><header>In
general</header><text>The term <term>qualified hydrogen expenditure
amount</term> means, with respect to each eligible hydrogen energy conversion
device of the taxpayer with a production capacity of not more than 25 kilowatts
of electricity per year, the lesser of—</text>
<clause id="H35EE04B2FC6244A5B1FD4D41E6C7E063"><enum>(i)</enum><text>30
percent of the amount paid or incurred by the taxpayer during the taxable year
for hydrogen which is consumed by such device, and</text>
</clause><clause id="HF472AA9B54FE42679BD468008907A400"><enum>(ii)</enum><text>$2,000.</text>
</clause><continuation-text continuation-text-level="subparagraph">In the
case of any device which is not owned by the taxpayer at all times during the
taxable year, the $2,000 amount in subparagraph (B) shall be reduced by an
amount which bears the same ratio to $2,000 as the portion of the year which
such device is not owned by the taxpayer bears to the entire year.</continuation-text></subparagraph><subparagraph id="id40FD7163A70F4AB5B35A43EFB17963ED"><enum>(B)</enum><header>Higher
limitation for devices with more production capacity</header><text>In the case
of any eligible hydrogen energy conversion device with a production capacity
of—</text>
<clause id="idEC4975DD25EF41A5A56AEE6EF8B34BC8"><enum>(i)</enum><text>more than 25 but
less than 100 kilowatts of electricity per year, subparagraph (A) shall be
applied by substituting <quote>$4,000</quote> for <quote>$2,000</quote> each
place it appears, and</text>
</clause><clause id="idB0228330EBB24F619B7B3AC551BD5DF2"><enum>(ii)</enum><text>not less than
100 kilowatts of electricity per year, subparagraph (A) shall be applied by
substituting <quote>$6,000</quote> for <quote>$2,000</quote> each place it
appears.</text>
</clause></subparagraph></paragraph><paragraph id="H16B18E84E74D4ABCAB1781062292AD52"><enum>(3)</enum><header>Eligible
hydrogen energy conversion devices</header><text>For purposes of this
subsection—</text>
<subparagraph id="HE8976D599E9948B4B35F029D98AEFCFC"><enum>(A)</enum><header>In
general</header><text>The term <term>eligible hydrogen energy conversion
device</term> means, with respect to any taxpayer, any hydrogen energy
conversion device which—</text>
<clause commented="no" id="id2BA73EEE74CA4C78BBE1F0BEE07BFCAD"><enum>(i)</enum><text>is placed in
service after December 31, 2004, and</text>
</clause><clause id="id073057AB9A2049258EC66640ABFC5333"><enum>(ii)</enum><text>is wholly owned
by the taxpayer during the taxable year.</text>
</clause><continuation-text continuation-text-level="subparagraph">If an
owner of a device (determined without regard to this subparagraph) provides to
the primary user of such device a written statement that such user shall be
treated as the owner of such device for purposes of this section, then such
user (and not such owner) shall be so treated.</continuation-text></subparagraph><subparagraph id="H3EDF6D8C3D96433D8988B8C5938C7C8D"><enum>(B)</enum><header>Hydrogen energy
conversion device</header><text>The term <term>hydrogen energy conversion
device</term> means—</text>
<clause id="H68393FAAFB3C45C0ABAD8528FB24B3E8"><enum>(i)</enum><text>any
electrochemical device which converts hydrogen into electricity, and</text>
</clause><clause id="HFB2C1BAF5CEE4FC8A3A8122D5EC42D2F"><enum>(ii)</enum><text>any combustion
engine which burns hydrogen as a fuel.</text>
</clause></subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDFE9F9F7E2C9E4A288C5FD4C46DA41A2C"><enum>(d)</enum><header>Reduction in
basis</header><text display-inline="yes-display-inline">For purposes of this
subtitle, if a credit is allowed under this section for any expenditure with
respect to any property, the increase in the basis of such property which would
(but for this paragraph) result from such expenditure shall be reduced by the
amount of the credit so allowed.</text>
</subsection><subsection id="idC0629616EE784B618F0A4CA219A0429C"><enum>(e)</enum><header>Application
with other credits</header>
<paragraph id="id164B5A4B5BF148EC847FDA70D4C7DC3F"><enum>(1)</enum><header>Business credit
treated as part of general business credit</header><text display-inline="yes-display-inline">So much of the credit which would be
allowed under subsection (a) for any taxable year (determined without regard to
this subsection) that is attributable to amounts which (but for subsection (g)
would be allowed as a deduction under section 162 shall be treated as a credit
listed in section 38(b) for such taxable year (and not allowed under subsection
(a)).</text>
</paragraph><paragraph id="idB663C962D27846A68BC38680D38DA56D"><enum>(2)</enum><header>Personal
credit</header><text>The credit allowed under subsection (a) (after the
application of paragraph (1)) for any taxable year shall not exceed the excess
(if any) of—</text>
<subparagraph id="id5D3E0EA7CE5E4FD59256D5FB9250A0FE"><enum>(A)</enum><text>the regular tax
liability (as defined in section 26(b)) reduced by the sum of the credits
allowable under subpart A and sections 27, 30, 30B, and 30C, over</text>
</subparagraph><subparagraph id="id288914C0E53348EBBE296D2D090D0380"><enum>(B)</enum><text>the tentative
minimum tax for the taxable year.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="ID4951AF1A085C4051A398F2B9D9C03ADE"><enum>(f)</enum><header>Denial of
double benefit</header><text display-inline="yes-display-inline">The amount of
any deduction or other credit allowable under this chapter for any cost taken
into account in determining the amount of the credit under subsection (a) shall
be reduced by the amount of such credit attributable to such cost.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID246F2C6B3D064279B798A00412D86D84"><enum>(g)</enum><header>Recapture</header><text display-inline="yes-display-inline">The Secretary shall, by regulations,
provided for recapturing the benefit of any credit allowable under subsection
(a) with respect to any property which ceases to be property eligible for such
credit.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID5E7D43DE11BE4E959574A7F6B4B2AEBF"><enum>(h)</enum><header>Election not To
take credit</header><text display-inline="yes-display-inline">No credit shall
be allowed under subsection (a) for any property if the taxpayer elects not to
have this section apply to such property.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID010B94354DB3462C9DD6FCA3B977E6D9"><enum>(i)</enum><header>Regulations</header><text display-inline="yes-display-inline">The Secretary shall prescribe such
regulations as necessary to carry out the provisions of this section.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID3226210624874DCAA4785945DF07A0B8"><enum>(j)</enum><header>Termination</header><text display-inline="yes-display-inline">This section shall not apply to any costs
after December 31,
2012.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="idCAA0B9BF230E4D7392AF411A2C37B55B"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="id0DFE030431644F859049778E25F70529"><enum>(1)</enum><text>Section 38(b) of
the Internal Revenue Code of 1986 is amended by striking <quote>plus</quote> at
the end of paragraph (32), by striking the period at the end of paragraph (33)
and inserting <quote>plus</quote>, and by adding at the end the following new
paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idBE29080998F845199CB8484D0DEC3B08" style="OLC">
<paragraph id="id23A3C0F5DC4E4B668DD5FFA281C3F105"><enum>(34)</enum><text>the portion of
the hydrogen installation, infrastructure, and fuel credit to which section
30D(e)(1)
applies.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="idE4036DC61FFF4030B071A7BF59FD5C6F"><enum>(2)</enum><text>Section 55(c)(3)
of such Code is amended by inserting <quote>30F(e)(2),</quote> after
<quote>30C(d)(2),</quote>.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID33496014C4BA463584D6765C65720364"><enum>(3)</enum><text display-inline="yes-display-inline">Section 1016(a) of such Code is amended by
striking <quote>and</quote> at the end of paragraph (35), by striking the
period at the end of paragraph (36) and inserting <quote>, and</quote>, and by
adding at the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="ID61FE32C2BE6E44668C2C472B1242B8F8" style="OLC">
<paragraph commented="no" display-inline="no-display-inline" id="IDFA67BECCE93B406691E904AA91D2C8C2"><enum>(37)</enum><text display-inline="yes-display-inline">to the extent provided in section
30D(d).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="IDEA4A5D41BC46423BB77DA2BCAA28B585"><enum>(4)</enum><text display-inline="yes-display-inline">Section 6501(m) of such Code is amended by
inserting <quote>30D(h),</quote> after <quote>30C(e)(5),</quote>.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="ID461D629EBC1A4E07998E9D56D4979265"><enum>(5)</enum><text display-inline="yes-display-inline">The table of sections for subpart B of part
IV of subchapter A of chapter 1 of such Code is amended by inserting after the
item relating to section 30C the following new item:</text>
<quoted-block display-inline="no-display-inline" id="IDF0FBC5B3C06A48F6999EA78C4151C4E7" style="USC">
<toc regeneration="no-regeneration">
<toc-entry bold="off" level="section">Sec. 30D. Hydrogen
installation, infrastructure, and fuel
costs.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="IDADBAC220AEB2465FA22087822421C63A"><enum>(c)</enum><header>Effective
date</header><text display-inline="yes-display-inline">The amendments made by
this section shall apply to amounts paid or incurred after the date of the
enactment of this Act, in taxable years ending after such date.</text>
</subsection></section><section id="id42B8452AE3674757A1580536E17DED4D"><enum>402.</enum><header>Report on
cellulosic ethanol</header><text display-inline="no-display-inline">Not later
than 180 days after the date of enactment of this Act, the Administrator of the
Environmental Protection Agency, in consultation with the Secretary of Energy
and the Secretary of the Interior, shall provide to Congress a report
that—</text>
<paragraph id="idAA8D2584EDC84192890E6F0645D4B709"><enum>(1)</enum><text>analyzes Federal
incentives to increase the production of cellulosic ethanol; and</text>
</paragraph><paragraph id="id43CCC17042664F0D90AC1DCD4C09DA2A"><enum>(2)</enum><text>provides
recommendations—</text>
<subparagraph id="idB2A9D580480D4734BEB798D34C88642E"><enum>(A)</enum><text>on the
effectiveness of those incentives; and</text>
</subparagraph><subparagraph id="id1A5271B30B5A42B4902356677816D17D"><enum>(B)</enum><text>for additional
incentives to increase production of cellulosic ethanol.</text>
</subparagraph></paragraph></section><enum>V</enum><header>Incentives for
clean energy</header>
<subtitle id="id3B814BB60295455CA58E0AC776CAFD03"><enum>A</enum><header>Extension of
clean energy tax credits</header>
<section id="id41C8AB9237FB4BB88BC00C3400D79678" section-type="subsequent-section"><enum>500.</enum><header>Amendment of 1986
code</header><text display-inline="no-display-inline">Except as otherwise
expressly provided, whenever in this subtitle an amendment or repeal is
expressed in terms of an amendment to, or repeal of, a section or other
provision, the reference shall be considered to be made to a section or other
provision of the Internal Revenue Code of 1986.</text>
</section><part id="idF4610A62FB8B4A399DA4732869C7DE0E"><enum>I</enum><header>Extension of
clean energy production incentives</header>
<section id="idA0A87186B8944FA7BD50588B609F992B"><enum>501.</enum><header>Extension and
modification of renewable energy production tax credit</header>
<subsection id="HDB1BC1D5F4534B9890CD5FB3FDC5B4CD"><enum>(a)</enum><header>Extension of
credit</header><text display-inline="yes-display-inline">Each of the following
provisions of section 45(d) (relating to qualified facilities) is amended by
striking <quote>January 1, 2009</quote> and inserting <quote>January 1,
2014</quote>:</text>
<paragraph id="HA1FC21D2E50D4776B6043BC132CEDEDE"><enum>(1)</enum><text>Paragraph
(1).</text>
</paragraph><paragraph id="H015765F39531443E8F024EA5476C5731"><enum>(2)</enum><text>Clauses (i) and
(ii) of paragraph (2)(A).</text>
</paragraph><paragraph id="H52BE85C8411C4D21BEC774160258C411"><enum>(3)</enum><text>Clauses (i)(I) and
(ii) of paragraph (3)(A).</text>
</paragraph><paragraph id="H466046178D79455C83BBFB931C159D00"><enum>(4)</enum><text>Paragraph
(4).</text>
</paragraph><paragraph id="H71840C7A533F4262AF0432FF54845B13"><enum>(5)</enum><text>Paragraph
(5).</text>
</paragraph><paragraph id="H515AE74519C746B690762BCB6D4EC832"><enum>(6)</enum><text>Paragraph
(6).</text>
</paragraph><paragraph id="HF59AB525B86649769DAFD8B74A2AEC2"><enum>(7)</enum><text>Paragraph
(7).</text>
</paragraph><paragraph id="id71625B13BB904AFB95F53DE3D2ADEDA1"><enum>(8)</enum><text>Paragraph
(8).</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="HAF5CB72DBAE945B300354C20E05F416C"><enum>(9)</enum><text>Subparagraphs (A)
and (B) of paragraph (9).</text>
</paragraph></subsection><subsection display-inline="no-display-inline" id="HB4CF1AB00EF74640BB83F48EA4A58819"><enum>(b)</enum><header>Production
credit for electricity produced from marine renewables</header>
<paragraph id="H8AEEA1860DF5466AA3F1F4B0D7D531BC"><enum>(1)</enum><header>In
general</header><text>Paragraph (1) of section 45(c) (relating to resources) is
amended by striking <quote>and</quote> at the end of subparagraph (G), by
striking the period at the end of subparagraph (H) and inserting <quote>,
and</quote>, and by adding at the end the following new subparagraph:</text>
<quoted-block display-inline="no-display-inline" id="HF2AFB43401744260AD51E1C2AC3FD7DE" style="OLC">
<subparagraph id="HF5160F52F39A4CADBF00CC79BC26FD5E"><enum>(I)</enum><text display-inline="yes-display-inline">marine and hydrokinetic renewable
energy.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph commented="no" id="H449C1D2BFA274191BB88B17F00A88806"><enum>(2)</enum><header>Marine
renewables</header><text>Subsection (c) of section 45 is amended by adding at
the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="HFA888FAEE6E2431E9D115B05E206F923" style="OLC">
<paragraph commented="no" id="HC54771A1613C4BCCA3EEAAB7CE6C421F"><enum>(10)</enum><header>Marine and
hydrokinetic renewable energy</header>
<subparagraph id="HD8F37DB75C58437A8479E4D059D64FFF"><enum>(A)</enum><header>In
general</header><text>The term <term>marine and hydrokinetic renewable
energy</term> means energy derived from—</text>
<clause display-inline="no-display-inline" id="H382B3B55DF274E0990245BE19BEE16E3"><enum>(i)</enum><text>waves, tides, and
currents in oceans, estuaries, and tidal areas,</text>
</clause><clause id="HE68273A2B925406C9427F3617EB7D7AF"><enum>(ii)</enum><text>free flowing
water in rivers, lakes, and streams,</text>
</clause><clause id="HBFF801616BB14908AF672DF770488EDF"><enum>(iii)</enum><text>free flowing
water in an irrigation system, canal, or other man-made channel, including
projects that utilize nonmechanical structures to accelerate the flow of water
for electric power production purposes, or</text>
</clause><clause id="HA507A7A724994D3A8424E2E4D7008F6D"><enum>(iv)</enum><text>differentials in
ocean temperature (ocean thermal energy conversion).</text>
</clause></subparagraph><subparagraph id="H77F25B87527F45EB9035BBADC345DF54"><enum>(B)</enum><header>Exceptions</header><text display-inline="yes-display-inline">Such term shall not include any energy
which is derived from any source which utilizes a dam, diversionary structure
(except as provided in subparagraph (A)(iii)), or impoundment for electric
power production
purposes.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HFA40CC241F814F48ABD302B7CCA3595D"><enum>(3)</enum><header>Definition of
facility</header><text>Subsection (d) of section 45 is amended by adding at the
end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="HF82181A480AC4662A531194093FCC26E" style="OLC">
<paragraph id="HBB99C60D83904DB49D6B78003E03F848"><enum>(11)</enum><header>Marine and
hydrokinetic renewable energy facilities</header><text display-inline="yes-display-inline">In the case of a facility producing
electricity from marine and hydrokinetic renewable energy, the term
<term>qualified facility</term> means any facility owned by the
taxpayer—</text>
<subparagraph id="HB3A46509FB9E4A06BC5CC516EBAE87A0"><enum>(A)</enum><text display-inline="yes-display-inline">which has a nameplate capacity rating of at
least 150 kilowatts, and</text>
</subparagraph><subparagraph id="HC805938B69A2485F89375B430784DBE9"><enum>(B)</enum><text>which is
originally placed in service on or after the date of the enactment of this
paragraph and before January 1,
2010.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H99580472C5BA4180A7CA9C969D6D81C8"><enum>(4)</enum><header>Credit
rate</header><text>Subparagraph (A) of section 45(b)(4) is amended by striking
<quote>or (9)</quote> and inserting <quote>(9), or (11)</quote>.</text>
</paragraph><paragraph commented="no" id="HEB22692156AA4721ACBD828B429F55DA"><enum>(5)</enum><header>Coordination
with small irrigation power</header><text>Paragraph (5) of section 45(d), as
amended by subsection (a), is amended by striking <quote>January 1,
2010</quote> and inserting <quote>the date of the enactment of paragraph
(11)</quote>.</text>
</paragraph></subsection><subsection commented="no" id="id427610985F52483D8E39E3B6DFD8D226"><enum>(c)</enum><header>Sales of
electricity to regulated public utilities treated as sales to unrelated
persons</header><text>Section 45(e)(4) (relating to related persons) is amended
by adding at the end the following new sentence: <quote>A taxpayer shall be
treated as selling electricity to an unrelated person if such electricity is
sold to a regulated public utility (as defined in section
7701(a)(33).</quote>.</text>
</subsection><subsection id="id9F1D1DBD54EE431080B7F0839B685A0F"><enum>(d)</enum><header>Trash facility
clarification</header><text>Paragraph (7) of section 45(d) is amended—</text>
<paragraph id="idAD0F1641F3364981A858B1DC391273C0"><enum>(1)</enum><text>by striking
<quote>facility which burns</quote> and inserting <quote>facility (other than a
facility described in paragraph (6)) which uses</quote>, and</text>
</paragraph><paragraph id="idA07CDF07C332418799FCCCDCAAA36A79"><enum>(2)</enum><text>by striking
<quote><header-in-text level="paragraph" style="OLC">combustion</header-in-text></quote>.</text>
</paragraph></subsection><subsection id="HF97129AE391C4E65B5471F9418D1F31"><enum>(e)</enum><header>Effective
dates</header>
<paragraph commented="no" display-inline="no-display-inline" id="HF7A3B656489F47E196F22B369BB8669B"><enum>(1)</enum><header>Extension</header><text>The
amendments made by subsection (a) shall apply to property originally placed in
service after December 31, 2008.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H9025090DB7A440CCAFDB464C01B8B5B"><enum>(2)</enum><header>Modifications</header><text>The
amendments made by subsections (b) and (c) shall apply to electricity produced
and sold after the date of the enactment of this Act, in taxable years ending
after such date.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="idE35CCBE0B4BB4B82A3F8F90CDB5CE358"><enum>(3)</enum><header>Trash facility
clarification</header><text>The amendments made by subsection (d) shall apply
to electricity produced and sold before, on, or after December 31, 2007.</text>
</paragraph></subsection></section><section id="H269D698EF0B743C7BD54C7C7DCCFC00"><enum>502.</enum><header>Extension and
modification of solar energy and fuel cell investment tax credit</header>
<subsection id="HD6B8692F800C4C708C38B801D5AE4361"><enum>(a)</enum><header>Extension of
credit</header>
<paragraph id="H33F3142BDA5F4EA689588533EAAE1578"><enum>(1)</enum><header>Solar energy
property</header><text>Paragraphs (2)(A)(i)(II) and (3)(A)(ii) of section 48(a)
(relating to energy credit) are each amended by striking <quote>January 1,
2009</quote> and inserting <quote>January 1, 2017</quote>.</text>
</paragraph><paragraph id="HCB3E6DE160864A639151807EB9DD0695"><enum>(2)</enum><header>Fuel cell
property</header><text>Subparagraph (E) of section 48(c)(1) (relating to
qualified fuel cell property) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2017</quote>.</text>
</paragraph><paragraph id="id9FD741F7B6C04104BB85BAF5005CA1DA"><enum>(3)</enum><header>Qualified
microturbine property</header><text>Subparagraph (E) of section 48(c)(2)
(relating to qualified microturbine property) is amended by striking
<quote>December 31, 2008</quote> and inserting <quote>December 31,
2017</quote>.</text>
</paragraph></subsection><subsection id="HCD906D8944D94AE6B3C99141FF1269E8"><enum>(b)</enum><header>Allowance of
energy credit against alternative minimum tax</header><text>Subparagraph (B) of
section 38(c)(4) (relating to specified credits) is amended by striking
<quote>and</quote> at the end of clause (iii), by striking the period at the
end of clause (iv) and inserting <quote>, and</quote>, and by adding at the end
the following new clause:</text>
<quoted-block display-inline="no-display-inline" id="HAAE8DC24A64948CCB036BACC8F5CEC75" style="OLC">
<clause id="HDC98AA51221A4453973C60DE21E3A3C0"><enum>(v)</enum><text>the credit
determined under section 46 to the extent that such credit is attributable to
the energy credit determined under section
48.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id22128F02BA2F4152B0F05F6F255F2689"><enum>(c)</enum><header>Repeal of
dollar per kilowatt limitation for fuel cell property</header>
<paragraph commented="no" display-inline="no-display-inline" id="id9BA819B28A4F479397FFB3A8F22D8F52"><enum>(1)</enum><header>In
general</header><text>Section 48(c)(1) (relating to qualified fuel cell), as
amended by subsection (a)(2), is amended by striking subparagraph (B) and by
redesignating subparagraphs (C), (D), and (E) as subparagraphs (B), (C), and
(D), respectively.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id29C917EF3A854176AE38E7464FFC0466"><enum>(2)</enum><header>Conforming
amendment</header><text>Section 48(a)(1) is amended by striking
<quote>paragraphs (1)(B) and (2)(B) of subsection (c)</quote> and inserting
<quote>subsection (c)(2)(B)</quote>.</text>
</paragraph></subsection><subsection id="H13585CAF81954D18BD470154A7AB2201"><enum>(d)</enum><header>Public electric
utility property taken into account</header>
<paragraph id="HEB072CE0D1814CC9A700F4129200852B"><enum>(1)</enum><header>In
general</header><text>Paragraph (3) of section 48(a) is amended by striking the
second sentence thereof.</text>
</paragraph><paragraph id="H0DB5E2619C07434889807E82929FC3EF"><enum>(2)</enum><header>Conforming
amendments</header>
<subparagraph id="H0FB44F1F632D4943905CD1B5BA827838"><enum>(A)</enum><text>Paragraph (1) of
section 48(c), as amended by this section, is amended by striking subparagraph
(C) and redesignating subparagraph (D) as subparagraph (C).</text>
</subparagraph><subparagraph id="H9EB51D36616E4024B8222FD60507A7E7"><enum>(B)</enum><text display-inline="yes-display-inline">Paragraph (2) of section 48(c), as amended
by subsection (a)(3), is amended by striking subparagraph (D) and redesignating
subparagraph (E) as subparagraph (D).</text>
</subparagraph></paragraph></subsection><subsection id="HE42B21EED3C646A5946C4D2B1843A47D"><enum>(e)</enum><header>Effective
dates</header>
<paragraph id="H398926E157C148FFBC20A1B65851CE25"><enum>(1)</enum><header>Extension</header><text>The
amendments made by subsection (a) shall take effect on the date of the
enactment of this Act.</text>
</paragraph><paragraph id="HBEA92A36FE9246939BC8E6B200782D9D"><enum>(2)</enum><header>Allowance
against alternative minimum tax</header><text>The amendments made by subsection
(b) shall apply to credits determined under section 46 of the Internal Revenue
Code of 1986 in taxable years beginning after the date of the enactment of this
Act and to carrybacks of such credits.</text>
</paragraph><paragraph id="HB6951B00373E40238EA688BCB084E3B3"><enum>(3)</enum><header>Fuel cell
property and public electric utility property</header><text>The amendments made
by subsections (c) and (d) shall apply to periods after the date of the
enactment of this Act, in taxable years ending after such date, under rules
similar to the rules of
<external-xref legal-doc="usc" parsable-cite="usc/26/48">section
48(m)</external-xref> of the Internal Revenue Code of 1986 (as in effect on the
day before the date of the enactment of the Revenue Reconciliation Act of
1990).</text>
</paragraph></subsection></section><section display-inline="no-display-inline" id="HA1D364429CB54725A4DCB445B2E32D46" section-type="subsequent-section"><enum>503.</enum><header>Extension and
modification of residential energy efficient property credit</header>
<subsection id="H9349EB077AA74E2F952F418DFCE80004"><enum>(a)</enum><header>Extension</header><text>Section
25D(g) (relating to termination) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="HE46345B52DFF471495F4DDD33ED42F8"><enum>(b)</enum><header>No dollar
limitation for credit for solar electric property</header>
<paragraph commented="no" display-inline="no-display-inline" id="H938D47C10FEB43F5B3C6D268D4B321AF"><enum>(1)</enum><header>In
general</header><text>Section 25D(b)(1) (relating to maximum credit) is amended
by striking subparagraph (A) and by redesignating subparagraphs (B) and (C) as
subparagraphs (A) and (B), respectively.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="HA3510519FB1D46FBB2CBF3756CC6277"><enum>(2)</enum><header>Conforming
amendments</header><text>Section 25D(e)(4) is amended—</text>
<subparagraph commented="no" display-inline="no-display-inline" id="id3BB57B7559424634B0E1A453871AA1DE"><enum>(A)</enum><text>by striking
clause (i) in subparagraph (A),</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="idFBAD54EB5E6F45A38202461A124147CF"><enum>(B)</enum><text>by redesignating
clauses (ii) and (iii) in subparagraph (A) as clauses (i) and (ii),
respectively, and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id51B7F40FCA15456F8B784F6C7AD04737"><enum>(C)</enum><text>by striking
<quote>, (2),</quote> in subparagraph (C).</text>
</subparagraph></paragraph></subsection><subsection commented="no" id="H5304447515B54A94979063AB66B00B2"><enum>(c)</enum><header>Credit allowed
against alternative minimum tax</header>
<paragraph commented="no" id="H53C0979DA9A7412291AAF275F98C1E44"><enum>(1)</enum><header>In
general</header><text>Subsection (c) of section 25D is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="H992F54FA14B645E281E0FAFCE5D12B2" style="OLC">
<subsection commented="no" id="HA653FA503321480EBD4C5445D5C2141F"><enum>(c)</enum><header>Limitation based
on amount of tax; carryforward of unused credit</header>
<paragraph commented="no" id="H26D00907A7BB4778BE2769883EEC87C8"><enum>(1)</enum><header>Limitation based
on amount of tax</header><text>In the case of a taxable year to which section
26(a)(2) does not apply, the credit allowed under subsection (a) for the
taxable year shall not exceed the excess of—</text>
<subparagraph commented="no" id="H3EDA6A04899B468D976736ED0377AABB"><enum>(A)</enum><text>the sum of the
regular tax liability (as defined in section 26(b)) plus the tax imposed by
section 55, over</text>
</subparagraph><subparagraph commented="no" id="HEFEC12897D2B41EA9FEDF79583E0FAE7"><enum>(B)</enum><text>the sum of the
credits allowable under this subpart (other than this section) and section 27
for the taxable year.</text>
</subparagraph></paragraph><paragraph commented="no" id="H607683F7FFE446AF8629B93A8EE795E"><enum>(2)</enum><header>Carryforward of
unused credit</header>
<subparagraph commented="no" id="H525736544BE0433EB015FD3F8F2DA2E1"><enum>(A)</enum><header>Rule for years
in which all personal credits allowed against regular and alternative minimum
tax</header><text display-inline="yes-display-inline">In the case of a taxable
year to which section 26(a)(2) applies, if the credit allowable under
subsection (a) exceeds the limitation imposed by section 26(a)(2) for such
taxable year reduced by the sum of the credits allowable under this subpart
(other than this section), such excess shall be carried to the succeeding
taxable year and added to the credit allowable under subsection (a) for such
succeeding taxable year.</text>
</subparagraph><subparagraph commented="no" id="HB1FF32EA728B48DBADA6ECFC38BFC33C"><enum>(B)</enum><header>Rule for other
years</header><text>In the case of a taxable year to which section 26(a)(2)
does not apply, if the credit allowable under subsection (a) exceeds the
limitation imposed by paragraph (1) for such taxable year, such excess shall be
carried to the succeeding taxable year and added to the credit allowable under
subsection (a) for such succeeding taxable
year.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph commented="no" id="H7C7892F923184FFBA825E3EBE484F4E7"><enum>(2)</enum><header>Conforming
amendments</header>
<subparagraph commented="no" id="HD6DFAD2A82C74CB48424BCE2F3CBB4E7"><enum>(A)</enum><text>Section
23(b)(4)(B) is amended by inserting <quote>and section 25D</quote> after
<quote>this section</quote>.</text>
</subparagraph><subparagraph commented="no" id="HEDF21F2BCA264911913B8D7051F9F267"><enum>(B)</enum><text>Section
24(b)(3)(B) is amended by striking <quote>and 25B</quote> and inserting
<quote>, 25B, and 25D</quote>.</text>
</subparagraph><subparagraph commented="no" id="H53CCB9C433474BD49196972D2CDEE169"><enum>(C)</enum><text>Section 25B(g)(2)
is amended by striking <quote>section 23</quote> and inserting <quote>sections
23 and 25D</quote>.</text>
</subparagraph><subparagraph commented="no" id="HCEB5E0974B6D467CB8B4E8F94C021CB"><enum>(D)</enum><text>Section 26(a)(1) is
amended by striking <quote>and 25B</quote> and inserting <quote>25B, and
25D</quote>.</text>
</subparagraph></paragraph></subsection><subsection id="HC398765C0E594A88892DD06841BFE324"><enum>(d)</enum><header>Effective
date</header>
<paragraph id="H0FDACA8C21B74CA7B0220016D370ED2B"><enum>(1)</enum><header>In
general</header><text>The amendments made by this section shall apply to
taxable years beginning after December 31, 2007.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="H30C36D1486184C00A3ED76D8EDB42D29"><enum>(2)</enum><header>Application of
EGTRRA sunset</header><text>The amendments made by subparagraphs (A) and (B) of
subsection (c)(2) shall be subject to title IX of the Economic Growth and Tax
Relief Reconciliation Act of 2001 in the same manner as the provisions of such
Act to which such amendments relate.</text>
</paragraph></subsection></section><section id="id897E40DD26E34F419809BC91D602E513"><enum>504.</enum><header>Extension and
modification of credit for clean renewable energy bonds</header>
<subsection id="idC80BC8CD573844BBAC4FAEEB4F84D28D"><enum>(a)</enum><header>Extension</header><text>Section
54(m) (relating to termination) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="id2F1A66D4AF0249B7AF392AA48E9F46E5"><enum>(b)</enum><header>Increase in
national limitation</header><text>Section 54(f) (relating to limitation on
amount of bonds designated) is amended—</text>
<paragraph id="idA0967D3089294989909117A745AE5A32"><enum>(1)</enum><text>by inserting
<quote>, and for the period beginning after the date of the enactment of the
<short-title>Clean Energy Tax Stimulus Act of 2008
</short-title> and ending before January 1, 2010, $400,000,000</quote> after
<quote>$1,200,000,000</quote> in paragraph (1),</text>
</paragraph><paragraph id="id2FEFF51A2DB04A43B6C48193BAFEE51C"><enum>(2)</enum><text>by striking
<quote>$750,000,000 of the</quote> in paragraph (2) and inserting
<quote>$750,000,000 of the $1,200,000,000</quote>, and</text>
</paragraph><paragraph id="id5D0EBB0EAC41479A8D09EA8310246F35"><enum>(3)</enum><text>by striking
<quote>bodies</quote> in paragraph (2) and inserting <quote>bodies, and except
that the Secretary may not allocate more than <fraction>1/3</fraction> of the
$400,000,000 national clean renewable energy bond limitation to finance
qualified projects of qualified borrowers which are public power providers nor
more than <fraction>1/3</fraction> of such limitation to finance qualified
projects of qualified borrowers which are mutual or cooperative electric
companies described in section 501(c)(12) or section
1381(a)(2)(C)</quote>.</text>
</paragraph></subsection><subsection id="idCBCDDCB08F914D03AFF188D972C030D7"><enum>(c)</enum><header>Public power
providers defined</header><text>Section 54(j) is amended—</text>
<paragraph id="idA4FAD517C3694EECB0FB37830558E0A4"><enum>(1)</enum><text>by adding at the
end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id507F8C27738E4CF4B94864664BB4A2CC" style="OLC">
<paragraph id="HE61501BFE2C348C5BACADEE973FA160"><enum>(6)</enum><header>Public power
provider</header><text display-inline="yes-display-inline">The term
<term>public power provider</term> means a State utility with a service
obligation, as such terms are defined in section 217 of the Federal Power Act
(as in effect on the date of the enactment of this
paragraph).</text>
</paragraph><after-quoted-block>,
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="id6C3482E804684ABBA67531AF000253DF"><enum>(2)</enum><text>by inserting
<quote><header-in-text level="subsection" style="OLC">; public power
provider</header-in-text></quote> before the period at the end of the
heading.</text>
</paragraph></subsection><subsection id="idE819398EB23D4316912EB47071E66AAD"><enum>(d)</enum><header>Technical
amendment</header><text>The third sentence of section 54(e)(2) is amended by
striking <quote>subsection (l)(6)</quote> and inserting <quote>subsection
(l)(5)</quote>.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id61A42F8789904B319F3649BC047540C8"><enum>(e)</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 commented="no" display-inline="no-display-inline" id="id844FC0C189CF4BCC8FF889F6384D0951"><enum>505.</enum><header>Extension of
special rule to implement FERC restructuring policy</header>
<subsection commented="no" display-inline="no-display-inline" id="idC32C64822FBD42478E623B8FB58474C6"><enum>(a)</enum><header>Qualifying
electric transmission transaction</header>
<paragraph commented="no" display-inline="no-display-inline" id="id9D371D9F8FFD472BA93528A8A4B8CC0D"><enum>(1)</enum><header>In
general</header><text display-inline="yes-display-inline">Section 451(i)(3)
(defining qualifying electric transmission transaction) is amended by striking
<quote>January 1, 2008</quote> and inserting <quote>January 1,
2010</quote>.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id30F012BCE448459E97B47AC0DB7714A6"><enum>(2)</enum><header>Effective
date</header><text>The amendment made by this subsection shall apply to
transactions after December 31, 2007.</text>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idC74A4F48430641829076307CD7DA1990"><enum>(b)</enum><header>Independent
transmission company</header>
<paragraph commented="no" display-inline="no-display-inline" id="id29B694C420CB481D90E7CC5E331BF19E"><enum>(1)</enum><header>In
general</header><text>Section 451(i)(4)(B)(ii) (defining independent
transmission company) is amended by striking <quote>December 31, 2007</quote>
and inserting <quote>the date which is 2 years after the date of such
transaction</quote>.</text>
</paragraph><paragraph commented="no" display-inline="no-display-inline" id="id64D214742E0F49A3A7D90A130F1685FE"><enum>(2)</enum><header>Effective
date</header><text>The amendment made by this subsection shall take effect as
if included in the amendments made by section 909 of the American Jobs Creation
Act of 2004.</text>
</paragraph></subsection></section></part><part id="id34C7D8927FC74E32B83735AB4139095A"><enum>II</enum><header>Extension of
incentives to improve energy efficiency</header>
<section display-inline="no-display-inline" id="H4E4E73F0AC694ACFB033902D6B2B9D00" section-type="subsequent-section"><enum>511.</enum><header>Extension and
modification of credit for energy efficiency improvements to existing
homes</header>
<subsection commented="no" id="HE1311AF729B443509923399000941F78"><enum>(a)</enum><header>Extension of
credit</header><text display-inline="yes-display-inline">Section 25C(g)
(relating to termination) is amended by striking <quote>December 31,
2007</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection id="HCCD43C36D3924ACCB3C733A06316F351"><enum>(b)</enum><header>Qualified
biomass fuel property</header>
<paragraph id="H8411EFDEE2B64C13A622B4D6474B0205"><enum>(1)</enum><header>In
general</header><text>Section 25C(d)(3) is amended—</text>
<subparagraph id="H8A719566C3F24D3CB51C5E3C8875F1F0"><enum>(A)</enum><text>by striking
<quote>and</quote> at the end of subparagraph (D),</text>
</subparagraph><subparagraph id="H7E636F6DFDD443F3A4854FA3DD897470"><enum>(B)</enum><text>by striking the
period at the end of subparagraph (E) and inserting <quote>, and</quote>,
and</text>
</subparagraph><subparagraph id="H38D94E65D3FF485EA514EB6314520095"><enum>(C)</enum><text>by adding at the
end the following new subparagraph:</text>
<quoted-block act-name="" id="HD259A568896E47AEB6E031BAF3A20013" style="OLC">
<subparagraph id="HE89CE77FF7E24398A5D63955A772CCFC"><enum>(F)</enum><text>a stove which uses
the burning of biomass fuel to heat a dwelling unit located in the United
States and used as a residence by the taxpayer, or to heat water for use in
such a dwelling unit, and which has a thermal efficiency rating of at least 75
percent.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="HBCEA0C4751B94391A3C9E5B95CF2CE7"><enum>(2)</enum><header>Biomass
fuel</header><text>Section 25C(d) (relating to residential energy property
expenditures) is amended by adding at the end the following new
paragraph:</text>
<quoted-block act-name="" id="HCE430B59D2084920A3A900807B8CFDDF" style="OLC">
<paragraph id="HBB58614A2CE849DB917D9ED6C8AAA549"><enum>(6)</enum><header>Biomass
fuel</header><text>The term <term>biomass fuel</term> means any plant-derived
fuel available on a renewable or recurring basis, including agricultural crops
and trees, wood and wood waste and residues (including wood pellets), plants
(including aquatic plants), grasses, residues, and
fibers.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="id36693B2E816E46F18FF93BD6A09501E2"><enum>(c)</enum><header>Modifications
of standards for energy-efficient building property</header>
<paragraph id="id59117E46EE894ED3A93B8D680C16AED0"><enum>(1)</enum><header>Electric heat
pumps</header><text>Subparagraph (B) of section 25C(d)(3) is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="id544CE208014042369B3376285D32D422" style="OLC">
<subparagraph id="idA2D4D89188594254886EEAD088CD45CD"><enum>(A)</enum><text>an electric heat
pump which achieves the highest efficiency tier established by the Consortium
for Energy Efficiency, as in effect on January 1,
2008.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="id64A4368ACD8C4538B76AEA1B1E2C696B"><enum>(2)</enum><header>Central air
conditioners</header><text>Section 25C(d)(3)(D) is amended by striking
<quote>2006</quote> and inserting <quote>2008</quote>.</text>
</paragraph><paragraph id="id96A91A27AC37420DA676CE53222DFB4E"><enum>(3)</enum><header>Water
Heaters</header><text>Subparagraph (E) of section 25C(d) is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="id24AD95E040B84F28A28B552401F71A30" style="OLC">
<subparagraph id="id21A8C092955245ED95FB53FA2E9ED100"><enum>(E)</enum><text>a natural gas,
propane, or oil water heater which has either an energy factor of at least 0.80
or a thermal efficiency of at least 90
percent.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="idDD919FE3E2964246A168C6BFB825E30C"><enum>(4)</enum><header>Oil furnaces
and hot water boilers</header><text>Paragraph (4) of section 25C(d) is amended
to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id34E72E892DED4780BEBBEBD16C12C395" style="OLC">
<paragraph id="id8BC9B1311D8746339EB582584D6A1C5C"><enum>(4)</enum><header>Qualified
natural gas, propane, and oil furnaces and hot water boilers</header>
<subparagraph id="id2902454B444C4E109A6BA2C4D1433213"><enum>(A)</enum><header>Qualified
natural gas furnace</header><text>The term <term>qualified natural gas
furnace</term> means any natural gas furnace which achieves an annual fuel
utilization efficiency rate of not less than 95.</text>
</subparagraph><subparagraph id="id8283C147023249659A4F27037EA01332"><enum>(B)</enum><header>Qualified
natural gas hot water boiler</header><text>The term <term>qualified natural gas
hot water boiler</term> means any natural gas hot water boiler which achieves
an annual fuel utilization efficiency rate of not less than 90.</text>
</subparagraph><subparagraph id="idC140B36EE62D44638B4BEA50F1E9FAE6"><enum>(C)</enum><header>Qualified
propane furnace</header><text>The term <term>qualified propane furnace</term>
means any propane furnace which achieves an annual fuel utilization efficiency
rate of not less than 95.</text>
</subparagraph><subparagraph id="id5F760AC7ABC14D2D86B78F7781B42DE4"><enum>(D)</enum><header>Qualified
propane hot water boiler</header><text>The term <term>qualified propane hot
water boiler</term> means any propane hot water boiler which achieves an annual
fuel utilization efficiency rate of not less than 90.</text>
</subparagraph><subparagraph id="id371EC18D14464A4C84793C0D544454D3"><enum>(E)</enum><header>Qualified oil
furnaces</header><text>The term <term>qualified oil furnace</term> means any
oil furnace which achieves an annual fuel utilization efficiency rate of not
less than 90.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id4CA127DA857541C0B6F76B011FC7EB72"><enum>(F)</enum><header>Qualified oil
hot water boiler</header><text>The term <term>qualified oil hot water
boiler</term> means any oil hot water boiler which achieves an annual fuel
utilization efficiency rate of not less than
90.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H5FCD82BD62324C6E9BB96F8F6F07F9E6"><enum>(d)</enum><header>Effective
date</header><text>The amendments made this section shall apply to expenditures
made after December 31, 2007.</text>
</subsection></section><section commented="no" id="id939B5E3353194403A0AB36F1B2B5950B"><enum>512.</enum><header>Extension and
modification of tax credit for energy efficient new homes</header>
<subsection commented="no" id="id00001A7EA14A4399B3D865B1B2C03851"><enum>(a)</enum><header>Extension of
credit</header><text display-inline="yes-display-inline">Subsection (g) of
section 45L (relating to termination) is amended by striking <quote>December
31, 2008</quote> and inserting <quote>December 31, 2010</quote>.</text>
</subsection><subsection id="id54723ACF06DE4FA689B8EC8117EA5F5F"><enum>(b)</enum><header>Allowance for
contractor's personal residence</header><text>Subparagraph (B) of section
45L(a)(1) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idF3A856C58ED047C189F92545542D73F2" style="OLC">
<subparagraph id="id73613528F4224F87B3D30BAD28D205DA"><enum>(B)</enum><clause commented="no" display-inline="yes-display-inline" id="idE938313191744063816592E2EE4D7297"><enum>(i)</enum><text>acquired by a person
from such eligible contractor and used by any person as a residence during the
taxable year, or</text>
</clause><clause id="id38270ACD2F3A4E0784ABA6AD36995CE3" indent="up1"><enum>(ii)</enum><text>used by such eligible contractor
as a residence during the taxable
year.</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id4F4D815D24DC413D880CF69E85C64E2A"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to homes
acquired after December 31, 2008.</text>
</subsection></section><section commented="no" id="idAA7E21529A594F4081043DA43D502A11"><enum>513.</enum><header>Extension and
modification of energy efficient commercial buildings deduction</header>
<subsection commented="no" id="id481CB54D3F294E028352C3BE95ECA684"><enum>(a)</enum><header>Extension</header><text>Section
179D(h) (relating to termination) is amended by striking <quote>December 31,
2008</quote> and inserting <quote>December 31, 2009</quote>.</text>
</subsection><subsection commented="no" id="id68F59D01A735403EA2E7FB824F5756E0"><enum>(b)</enum><header>Adjustment of
maximum deduction amount</header>
<paragraph commented="no" id="idD754A8F09DC04C189C3A277FB5EF938D"><enum>(1)</enum><header>In
general</header><text>Subparagraph (A) of section 179D(b)(1) (relating to
maximum amount of deduction) is amended by striking <quote>$1.80</quote> and
inserting <quote>$2.25</quote>.</text>
</paragraph><paragraph id="id80A95924C98F4813B0FFB7A55746155D"><enum>(2)</enum><header>Partial
allowance</header><text>Paragraph (1) of section 179D(d) is amended—</text>
<subparagraph id="id9378B974A80E40F8A948DFB8DB9AEA00"><enum>(A)</enum><text>by striking
<quote>$.60</quote> and inserting <quote>$0.75</quote>, and</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id7E00A6AB838F450297F5E4DFF760EB81"><enum>(B)</enum><text>by striking
<quote>$1.80</quote> and inserting <quote>$2.25</quote>.</text>
</subparagraph></paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="id69C6E19A1CA34425A3B1DBAAEBA3E1DA"><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><section display-inline="no-display-inline" id="HDFE751ABDF994511B735159DD5AA70C0" section-type="subsequent-section"><enum>514.</enum><header>Modification and
extension of energy efficient appliance credit for appliances produced after
2007</header>
<subsection id="H8668A78BED85453C9BA5490008296380"><enum>(a)</enum><header>In
general</header><text>Subsection (b) of section 45M (relating to applicable
amount) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H6CAF20EB7489483DAD1C3D70FCE3E305" style="OLC">
<subsection id="H0D36D5BC4C1748649E832CF06CC15843"><enum>(b)</enum><header>Applicable
amount</header><text>For purposes of subsection (a)—</text>
<paragraph id="H71B773AD1FE14A9AA8E80887FB855EAF"><enum>(1)</enum><header>Dishwashers</header><text>The
applicable amount is—</text>
<subparagraph id="H1FA05AD3DA714EBDB9C76309E0F626B7"><enum>(A)</enum><text>$45 in the case of
a dishwasher which is manufactured in calendar year 2008 or 2009 and which uses
no more than 324 kilowatt hours per year and 5.8 gallons per cycle, and</text>
</subparagraph><subparagraph id="H53B2F95E74184C939C462E05188443CB"><enum>(B)</enum><text>$75 in the case of
a dishwasher which is manufactured in calendar year 2008, 2009, or 2010 and
which uses no more than 307 kilowatt hours per year and 5.0 gallons per cycle
(5.5 gallons per cycle for dishwashers designed for greater than 12 place
settings).</text>
</subparagraph></paragraph><paragraph id="H3E6CB6C6BC8F4CACB45FC07B7F00407F"><enum>(2)</enum><header>Clothes
washers</header><text>The applicable amount is—</text>
<subparagraph id="H67C62CD8131141E9987984277B3FAA53"><enum>(A)</enum><text>$75 in the case of
a residential top-loading clothes washer manufactured in calendar year 2008
which meets or exceeds a 1.72 modified energy factor and does not exceed a 8.0
water consumption factor,</text>
</subparagraph><subparagraph id="HD9FCE4EEBB1E45D0AA028B09865D9BA7"><enum>(B)</enum><text>$125 in the case
of a residential top-loading clothes washer manufactured in calendar year 2008
or 2009 which meets or exceeds a 1.8 modified energy factor and does not exceed
a 7.5 water consumption factor,</text>
</subparagraph><subparagraph id="H45297A51D21C433F80E786BA7181B474"><enum>(C)</enum><text>$150 in the case
of a residential or commercial clothes washer manufactured in calendar year
2008, 2009, or 2010 which meets or exceeds 2.0 modified energy factor and does
not exceed a 6.0 water consumption factor, and</text>
</subparagraph><subparagraph id="H29C4114B024149AC991890D4B6821CAE"><enum>(D)</enum><text>$250 in the case
of a residential or commercial clothes washer manufactured in calendar year
2008, 2009, or 2010 which meets or exceeds 2.2 modified energy factor and does
not exceed a 4.5 water consumption factor.</text>
</subparagraph></paragraph><paragraph id="H1A02980D41254D5698A61999ACFC9F2F"><enum>(3)</enum><header>Refrigerators</header><text>The
applicable amount is—</text>
<subparagraph id="H85E3F47F90544A4DB62BCF7B083E81F2"><enum>(A)</enum><text>$50 in the case of
a refrigerator which is manufactured in calendar year 2008, and consumes at
least 20 percent but not more than 22.9 percent less kilowatt hours per year
than the 2001 energy conservation standards,</text>
</subparagraph><subparagraph id="H3137E5EBEE1C421E9038AF74F37662E"><enum>(B)</enum><text>$75 in the case of
a refrigerator which is manufactured in calendar year 2008 or 2009, and
consumes at least 23 percent but no more than 24.9 percent less kilowatt hours
per year than the 2001 energy conservation standards,</text>
</subparagraph><subparagraph id="HB6105C96A9C542D2896BBF1E9E7EA13F"><enum>(C)</enum><text>$100 in the case
of a refrigerator which is manufactured in calendar year 2008, 2009, or 2010,
and consumes at least 25 percent but not more than 29.9 percent less kilowatt
hours per year than the 2001 energy conservation standards, and</text>
</subparagraph><subparagraph id="H8ACA1828E0AB423F8806E3A842907DB"><enum>(D)</enum><text>$200 in the case of
a refrigerator manufactured in calendar year 2008, 2009, or 2010 and which
consumes at least 30 percent less energy than the 2001 energy conservation
standards.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H5542BADAAF054FD786C5F6791223822E"><enum>(b)</enum><header>Eligible
production</header>
<paragraph id="HD64B4341DF7242E4A9335357CA5921AC"><enum>(1)</enum><header>Similar
treatment for all appliances</header><text>Subsection (c) of section 45M
(relating to eligible production) is amended—</text>
<subparagraph id="HFA9519AF9B3F4FD29B3EFFF7E01CEB44"><enum>(A)</enum><text>by striking
paragraph (2),</text>
</subparagraph><subparagraph id="H07FA5F82AE2348C49553DB6051F8BC8"><enum>(B)</enum><text>by striking
<quote>(1) <header-in-text level="paragraph" style="OLC">In
general</header-in-text></quote> and all that follows through <quote>the
eligible</quote> and inserting <quote>The eligible</quote>, and</text>
</subparagraph><subparagraph id="H12434A20BF9948CE9F9B7B5E50C9F84"><enum>(C)</enum><text>by moving the text
of such subsection in line with the subsection heading and redesignating
subparagraphs (A) and (B) as paragraphs (1) and (2), respectively.</text>
</subparagraph></paragraph><paragraph id="H50E4EC2730A14C7181AD52ADB59D6C03"><enum>(2)</enum><header>Modification of
base period</header><text>Paragraph (2) of section 45M(c), as amended by
paragraph (1) of this section, is amended by striking <quote>3-calendar
year</quote> and inserting <quote>2-calendar year</quote>.</text>
</paragraph></subsection><subsection id="H130C7D2D1BD9446100AEBF00FB98E558"><enum>(c)</enum><header>Types of energy
efficient appliances</header><text>Subsection (d) of section 45M (defining
types of energy efficient appliances) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H5EBFAB2EABEC4A8397CF9401AAF3C477" style="OLC">
<subsection id="H87BCB9A5931C4F34A486A84F5703B2A2"><enum>(d)</enum><header>Types of energy
efficient appliance</header><text display-inline="yes-display-inline">For
purposes of this section, the types of energy efficient appliances are—</text>
<paragraph id="H0638FB66088849E3897207CDFB21FD04"><enum>(1)</enum><text>dishwashers
described in subsection (b)(1),</text>
</paragraph><paragraph id="H95AEA4C87AD14158B88890651D246694"><enum>(2)</enum><text>clothes washers
described in subsection (b)(2), and</text>
</paragraph><paragraph id="H7795DEFFF5B74A38A0DBFBE000007D34"><enum>(3)</enum><text>refrigerators
described in subsection
(b)(3).</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="H0CDCEDFF3B1B4199AD5BF3FF688F79C2"><enum>(d)</enum><header>Aggregate credit
amount allowed</header>
<paragraph id="H2D36C9367AD247DCA1F536D79F3C69ED"><enum>(1)</enum><header>Increase in
limit</header><text>Paragraph (1) of section 45M(e) (relating to aggregate
credit amount allowed) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="H8D18A14B8FED4067009694C7D6B0097" style="OLC">
<paragraph id="HAB44B6ED41AE429BBF7EAA8B8F479423"><enum>(1)</enum><header>Aggregate credit
amount allowed</header><text display-inline="yes-display-inline">The aggregate
amount of credit allowed under subsection (a) with respect to a taxpayer for
any taxable year shall not exceed $75,000,000 reduced by the amount of the
credit allowed under subsection (a) to the taxpayer (or any predecessor) for
all prior taxable years beginning after December 31,
2007.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H7007A40913054256B434CEA3832CDD7B"><enum>(2)</enum><header>Exception for
certain refrigerator and clothes washers</header><text>Paragraph (2) of section
45M(e) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="HC0F284CACDBE47F2A50006BB49B2D1A2" style="OLC">
<paragraph id="H6A3FD5CC2F7847509B46FFAC74A19CD7"><enum>(2)</enum><header>Amount allowed
for certain refrigerators and clothes washers</header><text display-inline="yes-display-inline">Refrigerators described in subsection
(b)(3)(D) and clothes washers described in subsection (b)(2)(D) shall not be
taken into account under paragraph
(1).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="HF847F34654D14A1EAE4475D45091BA05"><enum>(e)</enum><header>Qualified energy
efficient appliances</header>
<paragraph id="HE604C091C15B4FD78587E483005F0203"><enum>(1)</enum><header>In
general</header><text>Paragraph (1) of section 45M(f) (defining qualified
energy efficient appliance) is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="HF95585582BE847069427B8CD7F48C0F9" style="OLC">
<paragraph id="HBA6339B03E5D4E679DC38FB8A00019BC"><enum>(1)</enum><header>Qualified energy
efficient appliance</header><text display-inline="yes-display-inline">The term
<term>qualified energy efficient appliance</term> means—</text>
<subparagraph id="H3D5B8FC5768F481D8BCBCE00F98B009E"><enum>(A)</enum><text display-inline="yes-display-inline">any dishwasher described in subsection
(b)(1),</text>
</subparagraph><subparagraph id="H7CA629012AF74B7F91251D95007CE5B8"><enum>(B)</enum><text>any clothes washer
described in subsection (b)(2), and</text>
</subparagraph><subparagraph id="H2630530465BB427FA39655CE51454DB"><enum>(C)</enum><text>any refrigerator
described in subsection
(b)(3).</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HDDFCB52435574B7D97B5BD73CCD00F2"><enum>(2)</enum><header>Clothes
washer</header><text>Section 45M(f)(3) (defining clothes washer) is amended by
inserting <quote>commercial</quote> before <quote>residential</quote> the
second place it appears.</text>
</paragraph><paragraph id="H2698E84BAA4A4B24A0EC134701C94708"><enum>(3)</enum><header>Top-loading
clothes washer</header><text>Subsection (f) of section 45M (relating to
definitions) is amended by redesignating paragraphs (4), (5), (6), and (7) as
paragraphs (5), (6), (7), and (8), respectively, and by inserting after
paragraph (3) the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="H605D54813A77429EA6A273E03964B34" style="OLC">
<paragraph id="HE3A7675A57D646E1AFC4C6B0A4060700"><enum>(4)</enum><header>Top-loading
clothes washer</header><text display-inline="yes-display-inline">The term
<quote>top-loading clothes washer</quote> means a clothes washer which has the
clothes container compartment access located on the top of the machine and
which operates on a vertical
axis.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="HAE7CCC35820A43D884513244F4B6A6BD"><enum>(4)</enum><header>Replacement of
energy factor</header><text>Section 45M(f)(6), as redesignated by paragraph
(3), is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="HF41F7B8F5613499EB0AF4EC3EF007573" style="OLC">
<paragraph id="H77C55FAF2AFE40E28B16CA17D0B8254B"><enum>(6)</enum><header>Modified energy
factor</header><text display-inline="yes-display-inline">The term
<term>modified energy factor</term> means the modified energy factor
established by the Department of Energy for compliance with the Federal energy
conservation
standard.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="H15188DE32F914C158FA186D330727321"><enum>(5)</enum><header>Gallons per
cycle; water consumption factor</header><text>Section 45M(f) (relating to
definitions), as amended by paragraph (3), is amended by adding at the end the
following:</text>
<quoted-block display-inline="no-display-inline" id="HBE15AD7ACA8744BAB809CE66EF847670" style="OLC">
<paragraph id="H3BACA5DF23794C96BC1D76E883ABFBB2"><enum>(9)</enum><header>Gallons per
cycle</header><text display-inline="yes-display-inline">The term <term>gallons
per cycle</term> means, with respect to a dishwasher, the amount of water,
expressed in gallons, required to complete a normal cycle of a
dishwasher.</text>
</paragraph><paragraph id="H951E82F0A69649C694B95183D5C3555D"><enum>(10)</enum><header>Water
consumption factor</header><text display-inline="yes-display-inline">The term
<term>water consumption factor</term> means, with respect to a clothes washer,
the quotient of the total weighted per-cycle water consumption divided by the
cubic foot (or liter) capacity of the clothes
washer.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="H34F0CDB6C6914FEFA8C6BE81006D99D9"><enum>(f)</enum><header>Effective
date</header><text display-inline="yes-display-inline">The amendments made by
this section shall apply to appliances produced after December 31, 2007.</text>
</subsection></section></part></subtitle><subtitle id="id80B229F480FF415296140AE739B07903"><enum>B</enum><header>Mineral royalty
payments</header>
<section id="id14FF300C9F5A450FB7117CDB87E946A7"><enum>521.</enum><header>Termination of
authority to deduct amounts from share of oil and gas leasing revenues provided
to States</header>
<subsection id="id39D7FE5FBC63452596F9E607C7EEF0FB"><enum>(a)</enum><header>in
general</header><text display-inline="yes-display-inline">Effective December
26, 2007, the matter under the heading <quote>ADMINISTRATIVE PROVISIONS</quote>
under the heading <quote>Minerals Management Service</quote> of title I of the
Department of the Interior, Environment, and Related Agencies Appropriations
Act, 2008 (Subdivision F of Public Law 110–161; 121 Stat. 2109) is amended by
striking the second undesignated paragraph.</text>
</subsection><subsection commented="no" display-inline="no-display-inline" id="id53B57124705D4A6BA946AA6546EAFAE4"><enum>(b)</enum><header>Administration</header><text display-inline="yes-display-inline">Notwithstanding any other provision of law,
the Secretary of the Treasury and the Secretary of the Interior shall not
deduct any amount from or reduce the amount of payments otherwise payable to
States under section 35 of the Mineral Leasing Act (30 U.S.C. 191).</text>
</subsection></section></subtitle><enum>VI</enum><header>Coal-technology
development</header>
<subtitle id="id6DD7AE0E06064F94B10413238D49A1C4"><enum>A</enum><header>Coal to
liquids</header>
<section id="ID5ec66443e12b4e1d9448657535014278"><enum>601.</enum><header>Definitions</header><text display-inline="no-display-inline">In this subtitle:</text>
<paragraph id="IDff6ff74cbd1a4d959114046e56e7aae1"><enum>(1)</enum><header>Coal-to-liquid</header><text>The
term <term>coal-to-liquid</term> means—</text>
<subparagraph id="IDcfd4dfabcc4f4a6e9f1d0d777ca836dd"><enum>(A)</enum><text>with respect to a
process or technology, the use of a feedstock, the majority of which is the
coal resources of the United States, using the class of reactions known as
Fischer-Tropsch, to produce synthetic fuel suitable for transportation;
and</text>
</subparagraph><subparagraph id="ID306ac4c22e2749b7bbcebe299e4cb3fb"><enum>(B)</enum><text>with respect to a
facility, the portion of a facility related to producing the inputs to the
Fischer-Tropsch process, the Fischer-Tropsch process, finished fuel production,
or the capture, transportation, or sequestration of byproducts of the use of a
feedstock that is primarily domestic coal at the Fischer-Tropsch facility,
including carbon emissions.</text>
</subparagraph></paragraph><paragraph id="ID7345c90df5134e2092c688b205eb88ed"><enum>(2)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Energy.</text>
</paragraph></section><section id="IDc762014d752244bf9cd5c95428773b11"><enum>602.</enum><header>Coal-to-liquid
fuel loan guarantee program</header>
<subsection id="ID464ba2dc812744e0978d2e7dab1ebf9a"><enum>(a)</enum><header>Eligible
projects</header><text>Section 1703(b) of the Energy Policy Act of 2005 (42
U.S.C. 16513(b)) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="id67B501ACB17042BDA3F68FBEB15CC506" style="OLC">
<paragraph id="ID396a963ef1d14193a0e7250941336565"><enum>(11)</enum><text>Large-scale
coal-to-liquid facilities (as defined in section 601 of the
<short-title>Eight Steps to Energy Sufficiency Act of
2008</short-title>) that use a feedstock, the majority of which is the coal
resources of the United States, to produce not less than 10,000 barrels a day
of liquid transportation
fuel.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDdffc21d13b4b4e06bcf5b1a0ea9c07a4"><enum>(b)</enum><header>Authorization
of appropriations</header><text>Section 1704 of the Energy Policy Act of 2005
(42 U.S.C. 16514) is amended by adding at the end the following:</text>
<quoted-block display-inline="no-display-inline" id="idE4583D55FF894F828D1D35C9A3E85988" style="OLC">
<subsection id="ID37074301bc5c41aeb327e52aab57381a"><enum>(c)</enum><header>Coal-to-liquid
projects</header>
<paragraph id="IDd3f0f74acc804f74b68e681d8e03e72c"><enum>(1)</enum><header>In
general</header><text>There are authorized to be appropriated such sums as are
necessary to provide the cost of guarantees for projects involving large-scale
coal-to-liquid facilities under section 1703(b)(11).</text>
</paragraph><paragraph id="IDf56b04a922ff491496ce150327afca6f"><enum>(2)</enum><header>Alternative
funding</header><text>If no appropriations are made available under paragraph
(1), an eligible applicant may elect to provide payment to the Secretary, to be
delivered if and at the time the application is approved, in the amount of the
estimated cost of the loan guarantee to the Federal Government, as determined
by the Secretary.</text>
</paragraph><paragraph id="IDd4de3b284a224015a279cdb485f174b0"><enum>(3)</enum><header>Limitations</header>
<subparagraph id="IDb35ac5f31bc3405483263e004d12d72b"><enum>(A)</enum><header>In
general</header><text>No loan guarantees shall be provided under this title for
projects described in paragraph (1) after (as determined by the
Secretary)—</text>
<clause id="IDb5177a37c74748329449fef845c97eee"><enum>(i)</enum><text>the tenth such
loan guarantee is issued under this title; or</text>
</clause><clause id="ID061c68fe879b42d78cba0a43acca573e"><enum>(ii)</enum><text>production
capacity covered by such loan guarantees reaches 100,000 barrels per day of
coal-to-liquid fuel.</text>
</clause></subparagraph><subparagraph id="ID4fd8ec83299f4c97838d05e067df21fb"><enum>(B)</enum><header>Individual
projects</header>
<clause id="ID999c0759424f4d7d9a142b27bf5afb18"><enum>(i)</enum><header>In
general</header><text>A loan guarantee may be provided under this title for any
large-scale coal-to-liquid facility described in paragraph (1) that produces no
more than 20,000 barrels of coal-to-liquid fuel per day.</text>
</clause><clause id="IDaed958c8f25a4a5892bf5a6b5c50010f"><enum>(ii)</enum><header>Non-Federal
funding requirement</header><text>To be eligible for a loan guarantee under
this title, a large-scale coal-to-liquid facility described in paragraph (1)
that produces more than 20,000 barrels per day of coal-to-liquid fuel shall be
eligible to receive a loan guarantee for the proportion of the cost of the
facility that represents 20,000 barrels of coal-to-liquid fuel per day of
production.</text>
</clause></subparagraph></paragraph><paragraph id="IDab1aa133829c43bc866c8607fb9a86b9"><enum>(4)</enum><header>Requirements</header>
<subparagraph id="ID0db036f9f0df4c33841cee28627b7956"><enum>(A)</enum><header>Guidelines</header><text>Not
later than 180 days after the date of enactment of this subsection, the
Secretary shall publish guidelines for the coal-to-liquids loan guarantee
application process.</text>
</subparagraph><subparagraph id="ID17fc26f609b64b9f935c37ef52f248ee"><enum>(B)</enum><header>Applications</header><text>Not
later than 1 year after the date of enactment of this subsection, the Secretary
shall begin to accept applications for coal-to-liquid loan guarantees under
this subsection.</text>
</subparagraph><subparagraph id="ID2dd8107d070247149a077ac566890d19"><enum>(C)</enum><header>Deadline</header><text>Not
later than 1 year from the date of acceptance of an application under
subparagraph (B), the Secretary shall evaluate the application and make final
determinations under this subsection.</text>
</subparagraph></paragraph><paragraph id="ID4111e4a6539b423a8535f6d7ad931aa1"><enum>(5)</enum><header>Reports to
Congress</header><text>The Secretary shall submit to the Committee on Energy
and Natural Resources of the Senate and the Committee on Energy and Commerce of
the House of Representatives a report describing the status of the program
under this subsection not later than each of—</text>
<subparagraph id="ID9a9dffd56bbd4292acb6dfa401d1eb41"><enum>(A)</enum><text>180 days after
the date of enactment of this subsection;</text>
</subparagraph><subparagraph id="ID13f82d3de9054497aa705610cefda478"><enum>(B)</enum><text>1 year after the
date of enactment of this subsection; and</text>
</subparagraph><subparagraph id="ID75bf71020548472184eb679b0be80f9b"><enum>(C)</enum><text>the dates on
which the Secretary approves the first and fifth applications for
coal-to-liquid loan guarantees under this
subsection.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection></section><section id="IDf248326825c34faa8ee848bbd6b0503c"><enum>603.</enum><header>Coal-to-liquid
facilities loan program</header>
<subsection id="IDe7d5b3ef73aa4e96a1fa24bbe9414f36"><enum>(a)</enum><header>Definition of
eligible recipient</header><text>In this section, the term <term>eligible
recipient</term> means an individual, organization, or other entity that owns,
operates, or plans to construct a coal-to-liquid facility that will produce at
least 10,000 barrels per day of coal-to-liquid fuel.</text>
</subsection><subsection id="ID37eaf08ab98e4cb3b304a7583b29a631"><enum>(b)</enum><header>Establishment</header><text>The
Secretary shall establish a program under which the Secretary shall provide
loans, in a total amount not to exceed $20,000,000, for use by eligible
recipients to pay the Federal share of the cost of obtaining any services
necessary for the planning, permitting, and construction of a coal-to-liquid
facility.</text>
</subsection><subsection id="IDdc47c765b94b406382a8f8b17fe601a0"><enum>(c)</enum><header>Application</header><text>To
be eligible to receive a loan under subsection (b), the eligible recipient
shall submit to the Secretary an application at such time, in such manner, and
containing such information as the Secretary may require.</text>
</subsection><subsection id="ID7ab392b71a9e441597501dad8a2aaf6e"><enum>(d)</enum><header>Non-Federal
match</header><text>To be eligible to receive a loan under this section, an
eligible recipient shall use non-Federal funds to provide a dollar-for-dollar
match of the amount of the loan.</text>
</subsection><subsection id="IDfb9536ef40cd45fc9392ecd04b87014c"><enum>(e)</enum><header>Repayment of
loan</header>
<paragraph id="ID98b49736cc6b49068e8b743b0c3f9844"><enum>(1)</enum><header>In
general</header><text>To be eligible to receive a loan under this section, an
eligible recipient shall agree to repay the original amount of the loan to the
Secretary not later than 5 years after the date of the receipt of the
loan.</text>
</paragraph><paragraph id="IDb9e944b368a1460880e9f7f984faf1eb"><enum>(2)</enum><header>Source of
funds</header><text>Repayment of a loan under paragraph (1) may be made from
any financing or assistance received for the construction of a coal-to-liquid
facility described in subsection (a), including a loan guarantee provided under
section 1703(b)(11) of the Energy Policy Act of 2005 (42 U.S.C.
16513(b)(11)).</text>
</paragraph></subsection><subsection id="IDfe6c7baa454e4d45877350b785898bbd"><enum>(f)</enum><header>Requirements</header>
<paragraph id="ID8ea9f4f402a44b79a30b4439c7e56256"><enum>(1)</enum><header>Guidelines</header><text>Not
later than 180 days after the date of enactment of this Act, the Secretary
shall publish guidelines for the coal-to-liquids loan application
process.</text>
</paragraph><paragraph id="IDc5677c19e5ac4d00a85b688393e23b1e"><enum>(2)</enum><header>Applications</header><text>Not
later than 1 year after the date of enactment of this Act, the Secretary shall
begin to accept applications for coal-to-liquid loans under this
section.</text>
</paragraph></subsection><subsection id="ID037c38274743418c9e4b5cef32741feb"><enum>(g)</enum><header>Reports to
Congress</header><text>Not later than each of 180 days and 1 year after the
date of enactment of this Act, the Secretary shall submit to the Committee on
Energy and Natural Resources of the Senate and the Committee on Energy and
Commerce of the House of Representatives a report describing the status of the
program under this section.</text>
</subsection><subsection id="ID25ab3d5c784f475b825c033c2d860068"><enum>(h)</enum><header>Authorization
of appropriations</header><text>There is authorized to be appropriated to carry
out this section $200,000,000, to remain available until expended.</text>
</subsection></section><section id="ID75e397c3200743089e7f98055a4632ec"><enum>604.</enum><header>Location of
coal-to-liquid manufacturing facilities</header><text display-inline="no-display-inline">The Secretary, in coordination with the head
of any affected agency, shall promulgate such regulations as the Secretary
determines to be necessary to support the development on Federal land
(including land of the Department of Energy, military bases, and military
installations closed or realigned under the defense base closure and
realignment) of coal-to-liquid manufacturing facilities and associated
infrastructure, including the capture, transportation, or sequestration of
carbon dioxide.</text>
</section><section id="IDb4971556b63f4555a6f0015168836cef"><enum>605.</enum><header>Strategic
petroleum reserve</header>
<subsection id="ID4b58273232024a268f604c2821aead4e"><enum>(a)</enum><header>Development,
operation, and maintenance of reserve</header><text>Section 159 of the Energy
Policy and Conservation Act (42 U.S.C. 6239) is amended—</text>
<paragraph id="ID3c8d673262ff4e79b50b0b5cf7a98104"><enum>(1)</enum><text>by redesignating
subsections (f), (g), (j), (k), and (l) as subsections (a), (b), (e), (f), and
(g), respectively; and</text>
</paragraph><paragraph id="ID0b146788fe1e44cdacc193097e95db18"><enum>(2)</enum><text>by inserting
after subsection (b) (as redesignated by paragraph (1)) the following:</text>
<quoted-block display-inline="no-display-inline" id="idCEDD7EC126394CD5B58E2DDCB240E799" style="OLC">
<subsection id="IDcc09f26b0b92475fb0465948d66589df"><enum>(c)</enum><header>Study of
maintaining coal-to-liquid products in reserve</header><text>Not later than 1
year after the date of enactment of the <short-title>Eight
Steps to Energy Sufficiency Act of 2008</short-title>, the Secretary and the
Secretary of Defense shall—</text>
<paragraph id="ID611ff08da644492ea9803e42b2a23130"><enum>(1)</enum><text>conduct a study
of the feasibility and suitability of maintaining coal-to-liquid products in
the Reserve; and</text>
</paragraph><paragraph id="IDd6d6e68ab40648229f33af05fc5505ae"><enum>(2)</enum><text>submit to the
Committee on Energy and Natural Resources and the Committee on Armed Services
of the Senate and the Committee on Energy and Commerce and the Committee on
Armed Services of the House of Representatives a report describing the results
of the study.</text>
</paragraph></subsection><subsection id="IDf7f7698d8b66480f8fea56bbdf32f5fc"><enum>(d)</enum><header>Construction of
storage facilities</header><text>As soon as practicable after the date of
enactment of the <short-title>Eight Steps to Energy
Sufficiency Act of 2008</short-title>, the Secretary may construct 1 or more
storage facilities in the vicinity of pipeline infrastructure and at least 1
military
base.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="ID2e155d134af24e5f87b638e819451b04"><enum>(b)</enum><header>Petroleum
products for storage in reserve</header><text>Section 160 of the Energy Policy
and Conservation Act (42 U.S.C. 6240) is amended—</text>
<paragraph id="ID90f47b1419e64c7198a57fec85af1161"><enum>(1)</enum><text>in subsection
(a)—</text>
<subparagraph id="ID2a7b5153880c4eae96af0058d429dac5"><enum>(A)</enum><text>in paragraph (1),
by inserting a semicolon at the end;</text>
</subparagraph><subparagraph id="IDbd5ca0b0b63b4003a7a5ba47727e71b0"><enum>(B)</enum><text>in paragraph (2),
by striking <quote>and</quote> at the end;</text>
</subparagraph><subparagraph id="IDc5bca1bac2c64bd9895d9d6ce521ae8c"><enum>(C)</enum><text>in paragraph (3),
by striking the period at the end and inserting <quote>; and</quote>;
and</text>
</subparagraph><subparagraph id="ID2254d80975e9463e8472d4177ac652bb"><enum>(D)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id745221A0542443308FEA75734B212403" style="OLC">
<paragraph id="ID52d86cd2e627460a8982491d08d6dfc7"><enum>(4)</enum><text>coal-to-liquid
products (as defined in section 601 of the <short-title>Eight Steps to Energy Sufficiency Act of
2008</short-title>), as the Secretary determines to be appropriate, in a
quantity not to exceed 20 percent of the total quantity of petroleum and
petroleum products in the
Reserve.</text>
</paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="ID07083775f158423ea6cf4bba739af3dd"><enum>(2)</enum><text>in subsection
(b), by redesignating paragraphs (3) through (5) as paragraphs (2) through (4),
respectively; and</text>
</paragraph><paragraph id="ID0869e6b7b47141c7bf0f9de8967299ec"><enum>(3)</enum><text>by redesignating
subsections (f) and (h) as subsections (d) and (e), respectively.</text>
</paragraph></subsection><subsection id="IDe00d0071ae6c484489dfe84a4a375bd0"><enum>(c)</enum><header>Conforming
amendments</header><text>Section 167 of the Energy Policy and Conservation Act
(42 U.S.C. 6247) is amended—</text>
<paragraph id="ID84f58125ea0a4078880057f1ff9073f5"><enum>(1)</enum><text>in subsection
(b)—</text>
<subparagraph id="ID2c4d20c7f4be49dcbf81ff2b0d024246"><enum>(A)</enum><text>by redesignating
paragraphs (2) and (3) as paragraphs (1) and (2), respectively; and</text>
</subparagraph><subparagraph id="IDabf71e69158640e08d4a87a4016c9e32"><enum>(B)</enum><text>in paragraph (2)
(as redesignated by subparagraph (A)), by striking <quote>section
160(f)</quote> and inserting <quote>section 160(e)</quote>; and</text>
</subparagraph></paragraph><paragraph id="ID7e9309e6737d41809b8cbea7e09e52ed"><enum>(2)</enum><text>in subsection
(d), in the matter preceding paragraph (1), by striking <quote>section
160(f)</quote> and inserting <quote>section 160(e)</quote>.</text>
</paragraph></subsection></section><section id="ID2b0c13696bbb4b7fb940e5b41f062313"><enum>606.</enum><header>Authorization
to conduct research, development, testing, and evaluation of assured domestic
fuels</header><text display-inline="no-display-inline">Of the amount authorized
to be appropriated for the Air Force for research, development, testing, and
evaluation, $10,000,000 may be made available for the Air Force Research
Laboratory to continue support efforts to test, qualify, and procure synthetic
fuels developed from coal for aviation jet use.</text>
</section><section id="ID4d1427ed0ded4f6498af9e143f3e664d"><enum>607.</enum><header>Coal-to-liquid
long-term fuel procurement and department of defense development</header><text display-inline="no-display-inline">Section 2922d of title 10, United States
Code, is amended—</text>
<paragraph id="IDa993a83920134aa2ae6709d9bbb78135"><enum>(1)</enum><text>in subsection
(b)—</text>
<subparagraph id="IDdca55ef5bb7b40ab8ba8f3f698cef9bd"><enum>(A)</enum><text>by striking
<quote>The Secretary</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="idFA2620FF905A454CBD2E7C0958AC68E7" style="OLC">
<paragraph id="IDa411a4d8741b4d2fa4d522aa897ef849"><enum>(1)</enum><header>In
general</header><text>The Secretary</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="IDe05fa2135abb41f5b078b072ffd8346c"><enum>(B)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id543C0564D536489A970E36008616D0D6" style="OLC">
<paragraph id="ID872faa5211ce4043af3c1d0d475ba0ba"><enum>(2)</enum><header>Coal-to-liquid
production facilities</header>
<subparagraph id="ID79f0d5e4431a4005bbc666b0a876408a"><enum>(A)</enum><header>In
general</header><text>The Secretary of Defense may enter into contracts or
other agreements with private companies or other entities to develop and
operate coal-to-liquid facilities (as defined in section 601 of the
<short-title>Eight Steps to Energy Sufficiency Act of
2008</short-title>) on or near military installations.</text>
</subparagraph><subparagraph id="ID070eec89cd3a4eedb1fa1b2da9ab6711"><enum>(B)</enum><header>Considerations</header><text>In
entering into contracts and other agreements under subparagraph (A), the
Secretary shall consider land availability, testing opportunities, and
proximity to raw
materials.</text>
</subparagraph></paragraph><after-quoted-block>;</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="IDa85cac41cacb4e389211ad365e38b3f6"><enum>(2)</enum><text>in subsection
(d)—</text>
<subparagraph id="ID2c4a15783c7043baae108ca323be9fd8"><enum>(A)</enum><text>by striking
<quote>Subject to applicable provisions of law, any</quote> and inserting
<quote>Any</quote>; and</text>
</subparagraph><subparagraph id="IDbe4ded9c56ee4314908a566db4664d88"><enum>(B)</enum><text>by striking
<quote>1 or more years</quote> and inserting <quote>up to 25 years</quote>;
and</text>
</subparagraph></paragraph><paragraph id="ID3177f64696f649ca95f9e53cd005e159"><enum>(3)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="id38AE994E407E4C5CBA0131868366458A" style="OLC">
<subsection id="IDc263be7e17b74c20b1d425cf0ba0e4c4"><enum>(f)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated such
sums as are necessary to carry out this
section.</text>
</subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="ID3e7dfe1e8e4d48afb47876f3a493ec40"><enum>608.</enum><header>Report on
emissions of Fischer-Tropsch products used as transportation fuels</header>
<subsection id="ID47ebb57a58f3458aa6d95b744eb9f33e"><enum>(a)</enum><header>In
general</header><text>In cooperation with the Administrator of the
Environmental Protection Agency, the Secretary of Defense, the Administrator of
the Federal Aviation Administration, and the Secretary of Health and Human
Services, the Secretary shall—</text>
<paragraph id="ID4796bbe194d040d3b0ee39fec67d5379"><enum>(1)</enum><text>carry out a
research and demonstration program to evaluate the emissions of the use of
Fischer-Tropsch fuel for transportation, including diesel and jet fuel;</text>
</paragraph><paragraph id="ID9e6ae2f627f8450a8549a7b7ea93b0dc"><enum>(2)</enum><text>evaluate the
effect of using Fischer-Tropsch transportation fuel on land and air engine
exhaust emissions; and</text>
</paragraph><paragraph id="ID34b2363007054b018fa8a3518c2b8255"><enum>(3)</enum><text>in accordance
with subsection (e), submit to Congress a report on the effect on air quality
and public health of using Fischer-Tropsch fuel in the transportation
sector.</text>
</paragraph></subsection><subsection id="ID9f5014a13a69453586997edfce5761e7"><enum>(b)</enum><header>Guidance and
technical support</header><text>The Secretary shall issue any guidance or
technical support documents necessary to facilitate the effective use of
Fischer-Tropsch fuel and blends under this section.</text>
</subsection><subsection id="ID6e22f9df8afc47bf8f6e71d4310002d9"><enum>(c)</enum><header>Facilities</header><text>For
the purpose of evaluating the emissions of Fischer-Tropsch transportation
fuels, the Secretary shall—</text>
<paragraph id="ID813efe4b937142fdb6568c9bd450c129"><enum>(1)</enum><text>support the use
and capital modification of existing facilities and the construction of new
facilities at the research centers designated in section 417 of the Energy
Policy Act of 2005 (42 U.S.C. 15977); and</text>
</paragraph><paragraph id="ID95c2b624ba1548008c3f2445d2b714fc"><enum>(2)</enum><text>engage those
research centers in the evaluation and preparation of the report required under
subsection (a)(3).</text>
</paragraph></subsection><subsection id="ID099cebdc72fd497f899424d3bb9a7ac9"><enum>(d)</enum><header>Requirements</header><text>The
program described in subsection (a)(1) shall consider—</text>
<paragraph id="IDe562238f824047889acf98311d9fe243"><enum>(1)</enum><text>the use of neat
(100 percent) Fischer-Tropsch fuel and blends of Fischer-Tropsch fuels with
conventional crude oil-derived fuel for heavy-duty and light-duty diesel
engines and the aviation sector; and</text>
</paragraph><paragraph id="IDc06c4534585a4e4b91099a346d34a427"><enum>(2)</enum><text>the production
costs associated with domestic production of those fuels and prices for
consumers.</text>
</paragraph></subsection><subsection id="IDe76d27ce472e417887cb3d62d4385dba"><enum>(e)</enum><header>Reports</header><text>The
Secretary shall submit to the Committee on Energy and Natural Resources of the
Senate and the Committee on Energy and Commerce of the House of
Representatives—</text>
<paragraph id="IDb6b3703134fc4208ade904b55e039e50"><enum>(1)</enum><text>not later than
180 days after the date of enactment of this Act, an interim report on actions
taken to carry out this section; and</text>
</paragraph><paragraph id="IDf56398a1d742442abe69f19093a7a7ef"><enum>(2)</enum><text>not later than 1
year after the date of enactment of this Act, a final report on actions taken
to carry out this section.</text>
</paragraph></subsection><subsection id="ID52e6053575bb48a5a6b28a529b949fc2"><enum>(f)</enum><header>Authorization
of Appropriations</header><text>There are authorized to be appropriated such
sums as are necessary to carry out this section.</text>
</subsection></section></subtitle><subtitle id="id7C01FB2B51FA41E1AE793F2C344BF536"><enum>B</enum><header>Tax incentives
for coal-to-liquids production</header>
<section id="IDad3b2c4bbde74b4e9d148aca9105bb99"><enum>611.</enum><header>Credit for
investment in coal-to-liquid fuels projects</header>
<subsection id="ID502f3235e7544181828a7051c32b9dce"><enum>(a)</enum><header>In
General</header><text>Section 46 of the Internal Revenue Code of 1986 (relating
to amount of credit) is amended by striking <quote>and</quote> at the end of
paragraph (3), by striking the period at the end of paragraph (4) and inserting
<quote>, and</quote>, and by adding at the end the following new
paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id69762F77EFB743E481CC2C9ACF6A8767" style="OLC">
<paragraph id="ID94772e5b0b8941319e324d046df17136"><enum>(5)</enum><text>the qualifying
coal-to-liquid fuels project
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID0c5d5ad48ea347938dc5927f321c3bd3"><enum>(b)</enum><header>Amount of
credit</header><text>Subpart E of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 (relating to rules for computing investment
credit) is amended by inserting after section 48B the following new
section:</text>
<quoted-block display-inline="no-display-inline" id="id37300B31B6EF4052968EAFBAF180DA4A" style="OLC">
<section id="ID4b77286a44634031896660632f2e6c78"><enum>48C.</enum><header>Qualifying
coal-to-liquid fuels project credit</header>
<subsection id="ID930a0272fbe2451cbc6fc21054802a22"><enum>(a)</enum><header>In
General</header><text>For purposes of section 46, the qualifying coal-to-liquid
fuels project credit for any taxable year is an amount equal to 20 percent of
the qualified investment for such taxable year.</text>
</subsection><subsection id="IDe2fef7916a2a40fda6d28d3e1123b297"><enum>(b)</enum><header>Qualified
Investment</header>
<paragraph id="ID1743edc8b99746b39e09130ee17577e3"><enum>(1)</enum><header>In
general</header><text>For purposes of subsection (a), the qualified investment
for any taxable year is the basis of property placed in service by the taxpayer
during such taxable year which is part of a qualifying coal-to-liquid fuels
project—</text>
<subparagraph id="ID409c8037e10e4e88bfa8f9b0660fe930"><enum>(A)</enum><clause commented="no" display-inline="yes-display-inline" id="idE2F41E31EB884ECF84339298A20D5387"><enum>(i)</enum><text>the construction,
reconstruction, or erection of which is completed by the taxpayer; or</text>
</clause><clause id="idC78709DAD59D48C99E92AC5A01C6BC5B" indent="up1"><enum>(ii)</enum><text>which is acquired by the taxpayer
if the original use of such property commences with the taxpayer; and</text>
</clause></subparagraph><subparagraph id="IDbf6ccb35fb624dd6b6f4e952e21f9abc"><enum>(B)</enum><text>with respect to
which depreciation (or amortization in lieu of depreciation) is
allowable.</text>
</subparagraph></paragraph><paragraph id="ID0f37611f7b02474b9d777cb4d3c78f93"><enum>(2)</enum><header>Applicable
rules</header><text>For purposes of this section, rules similar to the rules of
subsection (a)(4) and (b) of section 48 shall apply.</text>
</paragraph></subsection><subsection id="IDb5ca22cae1f24de9b86d57f19965869b"><enum>(c)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="ID8ada50c8230e4209ad18b4e608dd0ed8"><enum>(1)</enum><header>Qualifying
coal-to-liquid fuels project</header><text>The term <quote>qualifying
coal-to-liquid fuels project</quote> means any domestic project which—</text>
<subparagraph id="IDf27937ee641e42bda4393c2cc229eb82"><enum>(A)</enum><text>employs the class
of reactions known as Fischer-Tropsch to produce at least 10,000 barrels per
day of transportation grade liquid fuels from a feedstock that is primarily
domestic coal (including any property which allows for the capture,
transportation, or sequestration of by-products resulting from such process,
including carbon emissions); and</text>
</subparagraph><subparagraph id="IDb584314788fc4988972c0a77439e7066"><enum>(B)</enum><text>any portion of
the qualified investment in which is certified under the qualifying
coal-to-liquid program as eligible for credit under this section in an amount
(not to exceed $200,000,000) determined by the Secretary.</text>
</subparagraph></paragraph><paragraph id="IDbf871b95381f44b8a90c089e3285fb8e"><enum>(2)</enum><header>Coal</header><text>The
term <term>coal</term> means any carbonized or semicarbonized matter, including
peat.</text>
</paragraph></subsection><subsection id="IDda70f802245147899b0859748659fbea"><enum>(d)</enum><header>Qualifying
coal-to-liquid fuels project program</header>
<paragraph id="IDe6d53d9a9aa144dc898c5be887d2e9fb"><enum>(1)</enum><header>In
general</header><text>The Secretary, in consultation with the Secretary of
Energy, shall establish a qualifying coal-to-liquid fuels project program to
consider and award certifications for qualified investment eligible for credits
under this section to 10 qualifying coal-to-liquid fuels project sponsors under
this section. The total qualified investment which may be awarded eligibility
for credit under the program shall not exceed $2,000,000,000.</text>
</paragraph><paragraph id="ID6fb887b495cf4dadadcbddf91c1ac99b"><enum>(2)</enum><header>Period of
issuance</header><text>A certificate of eligibility under paragraph (1) may be
issued only during the 10-fiscal year period beginning on October 1,
2007.</text>
</paragraph><paragraph id="IDf05a5c9055184e5db35d38f15a490bea"><enum>(3)</enum><header>Selection
criteria</header><text>The Secretary shall not make a competitive certification
award for qualified investment for credit eligibility under this section unless
the recipient has documented to the satisfaction of the Secretary that—</text>
<subparagraph id="ID66140533ee374a2fae5be5bbe34e2096"><enum>(A)</enum><text>the proposal of
the award recipient is financially viable;</text>
</subparagraph><subparagraph id="ID21842c8df7d84205835d242335d61f87"><enum>(B)</enum><text>the recipient
will provide sufficient information to the Secretary for the Secretary to
ensure that the qualified investment is spent efficiently and
effectively;</text>
</subparagraph><subparagraph id="IDf2b05f5351614bae8f54b8425f13bcb1"><enum>(C)</enum><text>the fuels
identified with respect to the gasification technology for such project will
comprise at least 90 percent of the fuels required by the project for the
production of transportation grade liquid fuels;</text>
</subparagraph><subparagraph id="ID89207b4556eb443cb25a12cfa4c965e7"><enum>(D)</enum><text>the award
recipient's project team is competent in the planning and construction of coal
gasification facilities and familiar with operation of the Fischer-Tropsch
process, with preference given to those recipients with experience which
demonstrates successful and reliable operations of such process; and</text>
</subparagraph><subparagraph id="ID7a3537f06fc14152a640911f3d187474"><enum>(E)</enum><text>the award
recipient has met other criteria established and published by the
Secretary.</text>
</subparagraph></paragraph></subsection><subsection id="IDf35801c3781f4f58a8a5c4ca139ef968"><enum>(e)</enum><header>Denial of
double benefit</header><text>No deduction or other credit shall be allowed with
respect to the basis of any property taken into account in determining the
credit allowed under this
section.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID78d1d87e98fc44a98eaeb1afbc06108d"><enum>(c)</enum><header>Conforming
amendments</header>
<paragraph id="ID83b3cb2f45c84f2294abf28d895d2d96"><enum>(1)</enum><text>Section
49(a)(1)(C) of the Internal Revenue Code of 1986 is amended by striking
<quote>and</quote> at the end of clause (iii), by striking the period at the
end of clause (iv) and inserting <quote>, and</quote>, and by adding after
clause (iv) the following new clause:</text>
<quoted-block display-inline="no-display-inline" id="idF53103AC15BE4776AC6675E2925CAD37" style="OLC">
<clause id="ID7b11cb49e11e4fb991ec637618e9c8a1"><enum>(v)</enum><text>the basis of any
property which is part of a qualifying coal-to-liquid fuels project under
section
48C.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID4daa80fafc5645c583880b4b61743ac3"><enum>(2)</enum><text>The table of
sections for subpart E of part IV of subchapter A of chapter 1 of such Code is
amended by inserting after the item relating to section 48B the following new
item:</text>
<quoted-block id="id016a0019-15f8-49a7-ba40-651bb3e64dec" style="OLC">
<toc>
<toc-entry idref="ID4b77286a44634031896660632f2e6c78" level="section">Sec. 48C. Qualifying coal-to-liquid fuels project
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDac7060e3f7be428ba973a2e2ef2f3e2a"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to periods
after the date of the enactment of this Act, under rules similar to the rules
of section 48(m) of the Internal Revenue Code of 1986 (as in effect on the day
before the date of the enactment of the Revenue Reconciliation Act of
1990).</text>
</subsection></section><section id="IDc8a40348b1684d14ac058f3eb7934fd3"><enum>612.</enum><header>Temporary
expensing for equipment used in coal-to-liquid fuels process</header>
<subsection id="ID2cea68ab0d4344d4a872c2c1ca20c5eb"><enum>(a)</enum><header>In
General</header><text>Part VI of subchapter B of chapter 1 of the Internal
Revenue Code of 1986 is amended by inserting after section 179D the following
new section:</text>
<quoted-block display-inline="no-display-inline" id="id182C9AD789854F1CA71BE113124C67D1" style="OLC">
<section id="ID8eff7430370e4b339c4aa9ad002dcce7"><enum>179E.</enum><header>Election to
expense certain coal-to-liquid fuels facilities</header>
<subsection id="ID26c3fb3bfbe94d5bad52ce3de5ddd045"><enum>(a)</enum><header>Treatment as
Expenses</header><text>A taxpayer may elect to treat the cost of any qualified
coal-to-liquid fuels process property as an expense which is not chargeable to
capital account. Any cost so treated shall be allowed as a deduction for the
taxable year in which the expense is incurred.</text>
</subsection><subsection id="ID98a8a045844646aab9bee921f062a45b"><enum>(b)</enum><header>Election</header>
<paragraph id="IDffaa3dc567c748ebaeff6a7af0bac6ed"><enum>(1)</enum><header>In
general</header><text>An election under this section for any taxable year shall
be made on the taxpayer's return of the tax imposed by this chapter for the
taxable year. Such election shall be made in such manner as the Secretary may
by regulations prescribe.</text>
</paragraph><paragraph id="ID58650136da2545288fa76490fcb0ebae"><enum>(2)</enum><header>Election
irrevocable</header><text>Any election made under this section may not be
revoked except with the consent of the Secretary.</text>
</paragraph></subsection><subsection id="IDbad26a946d8b442f81756d626487d507"><enum>(c)</enum><header>Qualified
coal-to-liquid fuels process property</header><text>The term <term>qualified
coal-to-liquid fuels process property</term> means any property located in the
United States—</text>
<paragraph id="ID01bdcf6a930e4d28b4e9046f7139070e"><enum>(1)</enum><text>which employs the
Fischer-Tropsch process to produce transportation grade liquid fuels from a
feedstock that is primarily domestic coal (including any property which allows
for the capture, transportation, or sequestration of by-products resulting from
such process, including carbon emissions);</text>
</paragraph><paragraph id="ID62d344bf8f6347e9b39e181c488c1747"><enum>(2)</enum><text>the original use
of which commences with the taxpayer;</text>
</paragraph><paragraph id="ID0954f476c9eb4317b0e12a459b75e083"><enum>(3)</enum><text>the construction
of which—</text>
<subparagraph id="ID8067da3d6b85479496d432bbddc1cda5"><enum>(A)</enum><text>except as
provided in subparagraph (B), is subject to a binding construction contract
entered into after the date of the enactment of this section and before January
1, 2011, but only if there was no written binding construction contract entered
into on or before such date of enactment; or</text>
</subparagraph><subparagraph id="IDde2924d76b5b408399a945e0d149cb34"><enum>(B)</enum><text>in the case of
self-constructed property, began after the date of the enactment of this
section and before January 1, 2011; and</text>
</subparagraph></paragraph><paragraph id="IDce22c5b551ab427cbffb905d913e147a"><enum>(4)</enum><text>which is placed
in service by the taxpayer after the date of the enactment of this section and
before January 1, 2016.</text>
</paragraph></subsection><subsection id="IDd7c3712422b243dc8f893918abd581b8"><enum>(d)</enum><header>Election To
allocate deduction to cooperative owner</header><text>If—</text>
<paragraph id="ID11ce9fca8eed4a63bca4380fb024a930"><enum>(1)</enum><text>a taxpayer to
which subsection (a) applies is an organization to which part I of subchapter T
applies; and</text>
</paragraph><paragraph id="ID02b76cb9d0ad4ecaa985961175f35f87"><enum>(2)</enum><text>one or more
persons directly holding an ownership interest in the taxpayer are
organizations to which part I of subchapter T apply, the taxpayer may elect to
allocate all or a portion of the deduction allowable under subsection (a) to
such persons. Such allocation shall be equal to the person's ratable share of
the total amount allocated, determined on the basis of the person's ownership
interest in the taxpayer. The taxable income of the taxpayer shall not be
reduced under section 1382 by reason of any amount to which the preceding
sentence applies.</text>
</paragraph></subsection><subsection id="IDb33cbf153ef348bb9532fc82de0105ac"><enum>(e)</enum><header>Basis
reduction</header>
<paragraph id="ID9ac3d0bbd33a422daa4baaa65b8049a6"><enum>(1)</enum><header>In
general</header><text>For purposes of this title, if a deduction is allowed
under this section with respect to any qualified coal-to-liquid fuels process
property, the basis of such property shall be reduced by the amount of the
deduction so allowed.</text>
</paragraph><paragraph id="IDdf6eb9166e654415b5a409f4f7bedef4"><enum>(2)</enum><header>Ordinary income
recapture</header><text>For purposes of section 1245, the amount of the
deduction allowable under subsection (a) with respect to any property which is
of a character subject to the allowance for depreciation shall be treated as a
deduction allowed for depreciation under section 167.</text>
</paragraph></subsection><subsection id="ID9b440227b4b64151912953d8bbcd3ff4"><enum>(f)</enum><header>Application
with other deductions and credits</header>
<paragraph id="ID2a032387bfce45cd9c91e8f7b024671e"><enum>(1)</enum><header>Other
deductions</header><text>No deduction shall be allowed under any other
provision of this chapter with respect to any expenditure with respect to which
a deduction is allowed under subsection (a) to the taxpayer.</text>
</paragraph><paragraph id="ID89d64462a8ce4e65a61d0f4074446ccd"><enum>(2)</enum><header>Credits</header><text>No
credit shall be allowed under section 38 with respect to any amount for which a
deduction is allowed under subsection (a).</text>
</paragraph></subsection><subsection id="IDa911adeb954d42b1b28c06b568cf0f44"><enum>(g)</enum><header>Reporting</header><text>No
deduction shall be allowed under subsection (a) to any taxpayer for any taxable
year unless such taxpayer files with the Secretary a report containing such
information with respect to the operation of the property of the taxpayer as
the Secretary shall
require.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID1f84e3428b3e45c7a15cff01bcb9a3b8"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="ID6e77bc2fd0f6446ba63d636a5f5e1ad3"><enum>(1)</enum><text>Section 1016(a)
of the Internal Revenue Code of 1986, as amended by this Act, is amended by
striking <quote>and</quote> at the end of paragraph (36), by striking the
period at the end of paragraph (37) and inserting <quote>, and</quote>, and by
adding at the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idE58E756AC71340BD811A35C1F9995B37" style="OLC">
<paragraph id="ID1cbaea68ae3446a0b29c3bb7267cc4af"><enum>(38)</enum><text>to the extent
provided in section
179E(e)(1).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID241549f0bb4e43c3a5ade10daddb7196"><enum>(2)</enum><text>Section 1245(a)
of such Code is amended by inserting <quote>179E,</quote> after
<quote>179D,</quote> both places it appears in paragraphs (2)(C) and
(3)(C).</text>
</paragraph><paragraph id="IDd3f77ee487a2460abb7e66da8e5ba806"><enum>(3)</enum><text>Section 263(a)(1)
of such Code is amended by striking <quote>or</quote> at the end of
subparagraph (J), by striking the period at the end of subparagraph (K) and
inserting <quote>, or</quote>, and by inserting after subparagraph (K) the
following new subparagraph:</text>
<quoted-block display-inline="no-display-inline" id="id7E99E8ADE9504B53A8D6B3B46EB20E20" style="OLC">
<subparagraph id="ID719a8097e6144e22906997ecd0314b48"><enum>(L)</enum><text>expenditures for
which a deduction is allowed under section
179E.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID611d433304e74a92b9fdce7505abd566"><enum>(4)</enum><text>Section
312(k)(3)(B) of such Code is amended by striking <quote>or 179D</quote> each
place it appears in the heading and text and inserting <quote>179D, or
179E</quote>.</text>
</paragraph><paragraph id="IDc5ede485b45f41868d82f56979548014"><enum>(5)</enum><text>The table of
sections for part VI of subchapter B of chapter 1 of such Code is amended by
inserting after the item relating to section 179D the following new
item:</text>
<quoted-block id="idfcc96c78-b4fa-4fb4-a579-131e5a5b5dca" style="OLC">
<toc>
<toc-entry idref="ID8eff7430370e4b339c4aa9ad002dcce7" level="section">Sec. 179E. Election to expense certain coal-to-liquid fuels
facilities.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDb258955aab624497a83965a8eb39c964"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
properties placed in service after the date of the enactment of this
Act.</text>
</subsection></section><section id="IDa73821625fa345a69d4fa16f53f8267e"><enum>613.</enum><header>Extension of
alternative fuel credit for fuel derived from coal through the fischer-tropsch
process</header>
<subsection id="IDcb8b9f0941334244a381bc72504fefde"><enum>(a)</enum><header>Alternative
fuel credit</header><text>Paragraph (4) of section 6426(d) of the Internal
Revenue Code of 1986 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id383C2B815C154EFA9BBEBFFF24E2ED8E" style="OLC">
<paragraph id="ID2d44e8ddc0b14b93af744dc8fbb2e634"><enum>(4)</enum><header>Termination</header><text>This
subsection shall not apply to—</text>
<subparagraph id="ID74c297cd570041eba49632c63d72d414"><enum>(A)</enum><text>any sale or use
involving liquid fuel derived from a feedstock that is primarily domestic coal
(including peat) through the Fischer-Tropsch process for any period after
September 30, 2020;</text>
</subparagraph><subparagraph id="ID8110fc2985474660a65bc94a657e3e4b"><enum>(B)</enum><text>any sale or use
involving liquified hydrogen for any period after September 30, 2014;
and</text>
</subparagraph><subparagraph id="ID58643b7760e145b38ef74924c7d9450b"><enum>(C)</enum><text>any other sale or
use for any period after September 30,
2009.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID294e020138384b9ca13814b08859b69a"><enum>(b)</enum><header>Payments</header>
<paragraph id="IDe056c8e61ec449dab393426e5075a50a"><enum>(1)</enum><header>In
general</header><text>Paragraph (5) of section 6427(e) of the Internal Revenue
Code of 1986 is amended by striking <quote>and</quote> and the end of
subparagraph (C), by striking the period at the end of subparagraph (D) and
inserting <quote>, and</quote>, and by adding at the end the following new
subparagraph:</text>
<quoted-block display-inline="no-display-inline" id="idC694C2DBC04442A5955F01332C9342A8" style="OLC">
<subparagraph id="IDe934efba887e4403a6f37d68a01b5f0c"><enum>(E)</enum><text>any alternative
fuel or alternative fuel mixture (as so defined) involving liquid fuel derived
from coal (including peat) through the Fischer-Tropsch process sold or used
after September 30,
2020.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID3bb2d8afa26a40feba25e21b44968b1f"><enum>(2)</enum><header>Conforming
amendment</header><text>Section 6427(e)(5)(C) of such Code is amended by
striking <quote>subparagraph (D)</quote> and inserting <quote>subparagraphs (D)
and (E)</quote>.</text>
</paragraph></subsection></section><section id="ID5410c570158f4aeaa5465168e7924864"><enum>614.</enum><header>Modifications
to enhanced oil recovery credit</header>
<subsection id="IDffa0174f09b947fb898e8620ce5d0fe1"><enum>(a)</enum><header>Enhanced Credit
for Carbon Dioxide Injections</header><text>Section 43 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new
subsection:</text>
<quoted-block display-inline="no-display-inline" id="id05006DF9D1B24AAAA456AF57F07AFB1E" style="OLC">
<subsection id="ID8800f28d12634f9082fb54cd181c5eb8"><enum>(f)</enum><header>Enhanced credit
for projects using qualified carbon dioxide</header>
<paragraph id="ID6ee6395b03e543a596a9c66200eda81a"><enum>(1)</enum><header>In
general</header><text>For purposes of this section—</text>
<subparagraph id="IDc6da586e7f9e46b48a95b261a8ac2079"><enum>(A)</enum><text>the term
<quote>qualified project</quote> includes a project described in paragraph (2);
and</text>
</subparagraph><subparagraph id="ID5fcd30b0637147c0ab38ad36d6465e75"><enum>(B)</enum><text>in the case of a
project described in paragraph (2), subsection (a) shall be applied by
substituting <quote>50 percent</quote> for <quote>15 percent</quote>.</text>
</subparagraph></paragraph><paragraph id="ID4de8e4a0834a4e69a68f67b6db7f8e7f"><enum>(2)</enum><header>Projects
described</header><text>A project is described in this paragraph if it begins
or is substantially expanded after December 31, 2007, and—</text>
<subparagraph id="ID144b7190e5724c6f8658016ab7e73505"><enum>(A)</enum><text>uses qualified
carbon dioxide in an enhanced oil, natural gas, or coalbed methane recovery
method, which involves flooding or injection; or</text>
</subparagraph><subparagraph id="ID11d8650955ff457aa656c2e625bbae3a"><enum>(B)</enum><text>enables the
capture or sequestration of qualified carbon dioxide.</text>
</subparagraph></paragraph><paragraph id="IDf5eb079c7af246ec89d8aa2c26ee70b9"><enum>(3)</enum><header>Definitions</header><text>For
purposes of this subsection:</text>
<subparagraph id="ID3339329e842047cf8270076257751a27"><enum>(A)</enum><header>Capture or
sequestration</header><text>The term <term>capture or sequestration</term>
means any equipment or facility necessary to—</text>
<clause id="IDfc832b8c544a4526850dda77ec2aa4d7"><enum>(i)</enum><text>capture or
separate qualified carbon dioxide from other emissions;</text>
</clause><clause id="ID080816423dfd4a27b2fa88e15bc2a879"><enum>(ii)</enum><text>transport
qualified carbon dioxide; or</text>
</clause><clause id="ID0ed4835c37904258bc5897e47223ede9"><enum>(iii)</enum><text>process and use
qualified carbon dioxide in a qualified project.</text>
</clause></subparagraph><subparagraph id="ID1e0fcc12493443598fc8413cec4a76b3"><enum>(B)</enum><header>Enhanced
coalbed methane recovery</header><text>The term <term>enhanced coalbed methane
recovery</term> means recovery of coalbed methane by injecting or flooding with
qualified carbon dioxide.</text>
</subparagraph><subparagraph id="ID01b08ff898004af89d2664f921e66354"><enum>(C)</enum><header>Enhanced
natural gas recovery</header><text>The term <term>enhanced natural gas
recovery</term> means recovery of natural gas by injecting or flooding with
qualified carbon dioxide.</text>
</subparagraph><subparagraph id="ID8d25e2fd658b421f85dec525c78e1fea"><enum>(D)</enum><header>Enhanced oil
recovery</header><text>The term <term>enhanced oil recovery</term> means
recovery of oil by injecting or flooding with qualified carbon dioxide.</text>
</subparagraph><subparagraph id="ID68387f9ba89c4b8b989bf0411c2b25d6"><enum>(E)</enum><header>Qualified
carbon dioxide</header><text>The term <term>qualified carbon dioxide</term>
means carbon dioxide which is produced from the gasification and subsequent
refinement of a feedstock which is primarily domestic coal, at a facility which
produces coal-to-liquid fuel.</text>
</subparagraph></paragraph><paragraph id="ID0469d08a67fc4a1eac72163ef212ee64"><enum>(4)</enum><header>Termination</header><text>This
subsection shall not apply to costs paid or incurred for any qualified project
after December 31,
2020.</text>
</paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID619f1536264643e885b770dcf4ea2db6"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="ID76e38b71a8bf4671b6488ca62561a550"><enum>(1)</enum><text>Section 43 of the
Internal Revenue Code of 1986 is amended—</text>
<subparagraph id="IDc9bd4f9153314e71977d3caf691e8491"><enum>(A)</enum><text>by striking
<quote>enhanced oil recovery credit</quote> in subsection (a) and inserting
<quote>enhanced oil, natural gas, and coalbed methane recovery, and capture and
sequestration credit</quote>;</text>
</subparagraph><subparagraph id="ID5fff17f3aaa14fc29b83796d9d6f991e"><enum>(B)</enum><text>by striking
<quote>qualified enhanced oil recovery costs</quote> each place it appears and
inserting <quote>qualified costs</quote>;</text>
</subparagraph><subparagraph id="IDeb72c9883ab44834b6de6b863d6b65dc"><enum>(C)</enum><text>by striking
<quote>qualified enhanced oil recovery project</quote> each place it appears
and inserting <quote>qualified project</quote>; and</text>
</subparagraph><subparagraph id="ID30293c285e7a4c9daf24da5b7999e454"><enum>(D)</enum><text>by striking the
heading and inserting:</text>
<quoted-block display-inline="no-display-inline" id="idA0ECC0A2AEE84CABABCB0775E24C3916" style="OLC">
<section id="ID9812dc3cab4942de80d7a885aa4ac50a"><enum>43.</enum><header>Enhanced oil,
natural gas, and coalbed methane recovery, and capture and sequestration
credit</header>
</section><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph></paragraph><paragraph id="ID5a279b7122cd4c02a67756873e093436"><enum>(2)</enum><text>The item in the
table of sections for subpart D of part IV of subchapter A of chapter 1 of such
Code relating to section 43 is amended to read as follows:</text>
<quoted-block id="id94ff9862-4e52-492c-ad3a-6c4018975cf3" style="OLC">
<toc>
<toc-entry idref="ID9812dc3cab4942de80d7a885aa4ac50a" level="section">Sec. 43. Enhanced oil, natural gas, and coalbed methane
recovery, and capture and sequestration
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDde9243c9784f47f2b3aeee57c1ffb46f"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to costs
paid or incurred in taxable years ending after December 31, 2007.</text>
</subsection></section><section id="IDf20c894ce21a4ebebfd1a6153e645da3"><enum>615.</enum><header>Allowance of
enhanced oil, natural gas, and coalbed methane recovery, and capture and
sequestration credit against the alternative minimum tax</header>
<subsection id="IDff68c63d2f46426ca80b340c5c51d6ae"><enum>(a)</enum><header>In
general</header><text>Subsection (c) of section 38 of the Internal Revenue Code
of 1986 (relating to limitation based on amount of tax) is amended by
redesignating paragraphs (4) and (5) as paragraphs (5) and (6), respectively,
and by inserting after paragraph (3) the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idA1C7A7AE516B4253BAEE058CB767E894" style="OLC">
<paragraph id="ID4a36d96469e74671b1a46ed55c4ad882"><enum>(4)</enum><header>Special rules
for enhanced oil, natural gas, and coalbed methane recovery, and capture and
sequestration credit</header><text>In the case of the enhanced oil, natural
gas, and coalbed methane recovery, and capture and sequestration credit
determined under section 43—</text>
<subparagraph id="ID201e8c30989f4f8bb2159349a65a1de2"><enum>(A)</enum><text>this section and
section 39 shall be applied separately with respect to such credit; and</text>
</subparagraph><subparagraph id="IDc80947848fb34be48af5dc1270a336a4"><enum>(B)</enum><text>in applying
paragraph (1) to such credit—</text>
<clause id="IDaa37c15426114b7c8990b10ed35cc673"><enum>(i)</enum><text>the tentative
minimum tax shall be treated as being zero; and</text>
</clause><clause id="ID2063ffc361044f0a87f99e79893764d4"><enum>(ii)</enum><text>the limitation
under paragraph (1) (as modified by clause (i)) shall be reduced by the credit
allowed under subsection (a) for the taxable year (other than the enhanced oil,
natural gas, and coalbed methane recovery, and capture and sequestration credit
and the specified
credits).</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDc3daac09436e432eaf4e16afc0a1e2bc"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="ID673d7aa7ab8f43a597dc1a5350f71e41"><enum>(1)</enum><text>Section
38(c)(2)(A)(ii)(II) of the Internal Revenue Code of 1986 is amended by
inserting <quote>the enhanced oil, natural gas, and coalbed methane recovery,
and capture and sequestration credit,</quote> after <quote>employee
credit,</quote>.</text>
</paragraph><paragraph id="ID307c268fdbba4405a186a6f5145a0162"><enum>(2)</enum><text>Section
38(c)(3)(A)(ii)(II) of such Code is amended by inserting <quote>, the enhanced
oil, natural gas, coalbed methane recovery, capture and sequestration
credit,</quote> after <quote>employee credit</quote>.</text>
</paragraph></subsection><subsection id="ID45135b5e9ad24d9d816230d478deb1c3"><enum>(c)</enum><header>Effective
Date</header><text>The amendments made by this section shall apply to taxable
years ending after December 31, 2007.</text>
</subsection></section></subtitle><subtitle id="id504C39F8413B4D53AEE3F7675D5B4009"><enum>C</enum><header>Clean Coal
Technology Deployment</header>
<section id="ID79e2b307a912416999e04768ba79fe19"><enum>621.</enum><header>Carbon
sequestration and capture</header>
<subsection id="ID9896ca1b089440b3a993a6d259b0663d"><enum>(a)</enum><header>Definitions</header><text>In
this section:</text>
<paragraph id="ID788dec0ee0bb4845b8f43237dc0559f8"><enum>(1)</enum><header>Anthropogenic</header><text>The
term <term>anthropogenic</term> means produced or caused by human
activity.</text>
</paragraph><paragraph id="ID03b453cd679549d89aca58bb6fd73749"><enum>(2)</enum><header>Carbon
dioxide</header><text>The term <term>carbon dioxide</term> means
anthropogenically sourced carbon dioxide that is of sufficient purity and
quality as to not compromise the safety and efficiency of any reservoir in
which the carbon dioxide is stored.</text>
</paragraph><paragraph id="ID6a4c65730ee14593a4fc49a4124ae0ef"><enum>(3)</enum><header>Federal
agency</header><text>The term <term>Federal agency</term> means any department,
agency, or instrumentality of the United States.</text>
</paragraph><paragraph id="ID595024e532cd40b08247232d84bb7835"><enum>(4)</enum><header>Geological
storage</header><text>The term <term>geological storage</term> means permanent
or short-term underground storage of carbon dioxide in a reservoir.</text>
</paragraph><paragraph id="IDbd4f2d7cdb844377b2a8e2dc2fd5de78"><enum>(5)</enum><header>Person</header>
<subparagraph id="IDa08277a1da044841918e2df018f704ef"><enum>(A)</enum><header>In
general</header><text>The term <term>person</term> means an individual,
corporation, company (including a limited liability company), association,
partnership, State, municipality, or Federal agency.</text>
</subparagraph><subparagraph id="ID8e57303eaa5e4625b98b91074d7c8d94"><enum>(B)</enum><header>Inclusions</header><text>The
term <term>person</term> includes an officer, employee, and agent of any
corporation, company (including a limited liability company), association,
partnership, State, municipality, or Federal agency.</text>
</subparagraph></paragraph><paragraph id="IDa555b96077c74d20bc5322dd0918e8a2"><enum>(6)</enum><header>Reservoir</header>
<subparagraph id="IDfd002cee0dd846bda135a23693a02e9f"><enum>(A)</enum><header>In
general</header><text>The term <term>reservoir</term> means any subsurface
sedimentary stratum, formation, aquifer, or cavity or void (whether natural or
artificially created) that is suitable for, or capable of being made suitable
for, the injection and storage of carbon dioxide.</text>
</subparagraph><subparagraph id="ID14d7f672920546ed8e30da75fcf4fed8"><enum>(B)</enum><header>Inclusions</header><text>The
term <term>reservoir</term> includes—</text>
<clause id="ID7360e187bf514f3198c15c34d0c5e4bd"><enum>(i)</enum><text>an
oil and gas reservoir;</text>
</clause><clause id="ID3c54107fa5794bf1a25bc12a27895441"><enum>(ii)</enum><text>a
saline formation or coal seam; and</text>
</clause><clause id="ID50d5e3913d234e248d40a83a4abfd8db"><enum>(iii)</enum><text>the seabed and
subsoil of a submarine area.</text>
</clause></subparagraph></paragraph><paragraph id="ID21c879ddbb5d4706b0b743f4cd735006"><enum>(7)</enum><header>State</header>
<subparagraph id="IDd262bef372e747fb93b4475bf86806a3"><enum>(A)</enum><header>In
general</header><text>The term <term>State</term> means—</text>
<clause id="ID0a7fec80dfe84827accef9ea2888b496"><enum>(i)</enum><text>each of the
several States of the United States;</text>
</clause><clause id="IDe4500700efff43aa9445210c92864f6e"><enum>(ii)</enum><text>the District of
Columbia;</text>
</clause><clause id="IDb1b4b508dfd4436d9c048a5954750943"><enum>(iii)</enum><text>the
Commonwealth of Puerto Rico;</text>
</clause><clause id="ID7bb5a2c816ee4e8699e05826eebc4c14"><enum>(iv)</enum><text>Guam;</text>
</clause><clause id="ID89010df81daa47fa83e71b07a0b6f9df"><enum>(v)</enum><text>American
Samoa;</text>
</clause><clause id="ID5875c143101e43888f9ded2a636b951d"><enum>(vi)</enum><text>the Commonwealth
of the Northern Mariana Islands;</text>
</clause><clause id="ID19988459197d487195527126298b6f7e"><enum>(vii)</enum><text>the Federated
States of Micronesia;</text>
</clause><clause id="IDbc5d0d7d080b4eb382bfede6a4da2538"><enum>(viii)</enum><text>the Republic
of the Marshall Islands;</text>
</clause><clause id="ID95ff4942e3874c8a9e83dadd788e016c"><enum>(ix)</enum><text>the Republic of
Palau; and</text>
</clause><clause id="ID85d4801e145d4459a4bb33b05898ae53"><enum>(x)</enum><text>the
United States Virgin Islands.</text>
</clause></subparagraph><subparagraph id="IDa6d708b732214767b2ecb227b2890be3"><enum>(B)</enum><header>Inclusions</header><text>The
term <term>State</term> includes all territorial water, seabed, and subsoil of
submarine areas of each State.</text>
</subparagraph></paragraph><paragraph id="IDf72652a873204a3da7272308cbef1f08"><enum>(8)</enum><header>State
regulatory agency</header><text>The term <term>State regulatory agency</term>
means the agency designated by the Governor of a State to administer a carbon
dioxide storage program of the State.</text>
</paragraph><paragraph id="IDec950620971146d7aa146842bced658c"><enum>(9)</enum><header>Storage
facility</header>
<subparagraph id="IDa86286ab66624c1ca04dad964855c7ce"><enum>(A)</enum><header>In
general</header><text>The term <term>storage facility</term> means—</text>
<clause id="IDdb2f05a5c51c4f3a9ec6e8fab9a68b91"><enum>(i)</enum><text>an
underground reservoir, underground equipment, and surface structures and
equipment used in an operation to store carbon dioxide in a reservoir;
and</text>
</clause><clause id="ID63efd1e0fbab4838b8bc9553e6f766bf"><enum>(ii)</enum><text>any other
facilities that the Administrator may include by regulation or permit.</text>
</clause></subparagraph><subparagraph id="ID9c2eb62aeb76484486a45ba1e12fce20"><enum>(B)</enum><header>Exclusions</header><text>The
term <term>storage facility</term> does not include pipelines used to transport
the carbon dioxide from 1 or more capture facilities to the storage and
injection site.</text>
</subparagraph></paragraph><paragraph id="ID628fd59ffdbc463fb2f7547c7f1ca4f0"><enum>(10)</enum><header>Storage
operator</header><text>The term <term>storage operator</term> means any person
or other entity authorized by the Administrator or State regulatory agency to
operate a storage facility.</text>
</paragraph><paragraph id="ID9ba7bbbb6b934e20b967673b37a35ee4"><enum>(11)</enum><header>Underground
reservoir</header><text>The term <term>underground reservoir</term>, with
respect to a storage facility, includes any necessary and reasonable areal
buffer and subsurface monitoring zones that are—</text>
<subparagraph id="ID9e4cee95df794c6ab5f7ef789aaaf8a7"><enum>(A)</enum><text>designated by the
Administrator or State regulatory agency for the purpose of ensuring the safe
and efficient operation of the storage facility for the storage of carbon
dioxide; and</text>
</subparagraph><subparagraph id="ID3d6369095a4141d6b73b5601073b49f4"><enum>(B)</enum><text>selected to
protect against pollution, invasion, and escape or migration of the stored
carbon dioxide.</text>
</subparagraph></paragraph></subsection><subsection id="IDc8c4f721ab50433085617c81e81bca4f"><enum>(b)</enum><header>State carbon
dioxide geological storage programs</header>
<paragraph id="IDb84684fb6d7d44359e83919202783aba"><enum>(1)</enum><header>Regulations</header>
<subparagraph id="ID465bf782b63b49509258d87bdd95f69b"><enum>(A)</enum><header>In
general</header><text>The Administrator shall—</text>
<clause id="IDa7b58d8849a640ce8bf8bf17be101bed"><enum>(i)</enum><text>not
later than 180 days after the date of enactment of this Act, publish in the
Federal Register proposed regulations for State carbon dioxide storage
programs; and</text>
</clause><clause id="ID69a4111aa2804c1f9133a72b2ea1722d"><enum>(ii)</enum><text>not later than
180 days after the date of publication of the proposed regulations under clause
(i), promulgate final regulations for State carbon dioxide storage programs
that meet the requirements described in paragraph (2)(A), including such
modifications as the Administrator determines to be appropriate.</text>
</clause></subparagraph><subparagraph id="ID76eed1aa4d464aefa7c23c2fbd21a802"><enum>(B)</enum><header>Updating</header><text>The
Administrator may periodically review and, as necessary, revise the regulations
promulgated under this subsection.</text>
</subparagraph></paragraph><paragraph id="ID1de806f3e04449d6b30ac77be5cee1ea"><enum>(2)</enum><header>State
regulatory authority</header>
<subparagraph id="ID92b55ca07ae748518202239bbcef1a49"><enum>(A)</enum><header>In
general</header><text>The regulations promulgated under paragraph (1)(A)(ii)
shall establish minimum requirements that States shall meet in order to be
approved to administer a carbon dioxide storage program under subsection
(c)(1), including—</text>
<clause id="IDc8f44b98f8ea4b64aa8edc9b2ddce9d1"><enum>(i)</enum><text>a
prohibition on carbon dioxide storage in the State that is not authorized by a
permit issued by the State;</text>
</clause><clause id="ID5d9332b67df54683b7e02854bce3e84d"><enum>(ii)</enum><text>inspection,
monitoring, recordkeeping, and reporting requirements; and</text>
</clause><clause id="IDbda8016a651c4f4aa2a1f024d9575533"><enum>(iii)</enum><text>authority for
the State regulatory agency to issue a permit, after public notice and hearing,
approving a storage facility for the proposed geological storage of carbon
dioxide if the State regulatory authority determines that—</text>
<subclause id="ID61aaa363dfb24b899c2275db7cfa4124"><enum>(I)</enum><text>the horizontal
and vertical boundaries of the geological storage facility designated by the
permit are appropriate for the storage facility;</text>
</subclause><subclause id="ID58215b9bc4c24271993b1af239003a09"><enum>(II)</enum><text>the storage
facility and reservoir are suitable and feasible for the injection and storage
of carbon dioxide;</text>
</subclause><subclause id="IDf416f5d56fa64a568b03b21ab92dd988"><enum>(III)</enum><text>a good faith
effort has been made to obtain the consent of a majority of the owners having
property interests affected by the storage facility, and that the storage
operator intends to acquire any remaining interest by eminent domain or by a
method otherwise allowed by law;</text>
</subclause><subclause id="IDa4127d2824634a428f82b75dbca96389"><enum>(IV)</enum><text>the use of the
storage facility for the geological storage of carbon dioxide will not result
in the unpermitted migration of carbon dioxide into other formations containing
fresh drinking water or oil, gas, coal, or other commercial mineral deposits
that are not owned by the storage operator; and</text>
</subclause><subclause id="ID0f1011f5845348f19cbc74128df9c2e1"><enum>(V)</enum><text>the proposed
storage would—</text>
<item id="IDde9ff6a476e2415d9e006c5cdbe31163"><enum>(aa)</enum><text>not
unduly endanger human health or the environment; and</text>
</item><item id="ID505874a6db5f494c83d7887b49910a31"><enum>(bb)</enum><text>be
in the public interest.</text>
</item></subclause></clause></subparagraph><subparagraph id="ID7d03833914e24046ab59d7a8f12d640d"><enum>(B)</enum><header>State
authority</header><text>A State regulatory agency approved under subsection
(c)(1) to administer a carbon dioxide storage program shall issue such orders,
permits, certificates, rules, and regulations, including establishment of such
appropriate and sufficient financial sureties as are necessary, for the purpose
of regulating the drilling, operation, and well plugging and abandonment and
removal of surface buildings and equipment of the storage facility in order to
protect the storage facility against pollution, invasion, and the escape or
migration of carbon dioxide.</text>
</subparagraph><subparagraph id="ID30733978f20f45fd8bf5af233d8fe0a2"><enum>(C)</enum><header>Eminent
domain</header><text>A storage operator may be empowered by a State to exercise
the right of eminent domain under State law to acquire all surface and
subsurface rights and interests necessary or useful for the purpose of
operating the storage facility, including easements and rights-of-way across
land that are necessary to transport carbon dioxide among components of the
storage facility.</text>
</subparagraph><subparagraph id="ID44f520eddb3240fd8ddc1e05729975e7"><enum>(D)</enum><header>Variance in
conditions</header><text>The regulations promulgated under paragraph (1)(A)(ii)
shall permit or provide for consideration of varying geological, hydrological,
and historical conditions in different States and in different areas within a
State.</text>
</subparagraph><subparagraph id="ID954285f01ed641d39d5af47fbee838f0"><enum>(E)</enum><header>Enhanced
recovery operations</header>
<clause id="ID9d262c39c7f748468d5e767db8630b0d"><enum>(i)</enum><header>In
general</header><text>Upon the approval of a State to administer a carbon
dioxide storage program under subsection (c)(1), the State regulatory agency
designated by the State may develop rules to allow the conversion into a
storage facility of an enhanced recovery operation that is in existence as of
the date on which administration of the program by the State is
approved.</text>
</clause><clause id="ID60e38f847fad4a5b9288866209e6d0a5"><enum>(ii)</enum><header>Oil and gas
recovery</header><text>Nothing in this section applies to or otherwise affects
the use of carbon dioxide as a part of or in conjunction with any enhanced
recovery method the sole purpose of which is enhanced oil or gas
recovery.</text>
</clause></subparagraph></paragraph></subsection><subsection id="IDca3d9279e06b4df48c0eb28959c8376f"><enum>(c)</enum><header>State primary
enforcement responsibility</header>
<paragraph id="ID1a01df7f7cbd42ffbe0066d4eec237e8"><enum>(1)</enum><header>Approval of
State carbon dioxide storage programs</header>
<subparagraph id="IDb4b74c89bf6a4c92b08aa675f5231127"><enum>(A)</enum><header>Application</header>
<clause id="IDd70e6de024464b168ee2e93094a15fda"><enum>(i)</enum><header>In
general</header><text>After promulgation of the regulations under subsection
(b)(1)(A)(ii), each State may submit to the Administrator an application that
demonstrates, to the satisfaction of the Administrator, that the State—</text>
<subclause id="ID9d1e7cde2e24445fb8ee49f22a718647"><enum>(I)</enum><text>has adopted,
after providing for reasonable notice and an opportunity for public comment,
and will implement, a carbon dioxide storage program that meets the
requirements of the regulations; and</text>
</subclause><subclause id="ID6d30f86918164c468622a0e86cac8228"><enum>(II)</enum><text>will keep such
records and make such reports with respect to the activities of the State under
the carbon dioxide storage program as the Administrator may require by
regulation.</text>
</subclause></clause><clause id="IDfe33b3865dff41ba952d1b5dd1038e07"><enum>(ii)</enum><header>Revisions</header><text>Not
later than the expiration of the 270-day period beginning on the date on which
any regulation promulgated under subsection (b)(1)(A)(ii) is revised or amended
with respect to a requirement applicable to State carbon dioxide storage
programs, each State with a carbon dioxide storage program approved under
subparagraph (B) shall submit, in such form and in such manner as the
Administrator may require, a notice to the Administrator that demonstrates, to
the satisfaction of the Administrator, that the State carbon dioxide storage
program meets the revised or amended requirement.</text>
</clause></subparagraph><subparagraph id="IDf548a31f5e2b4fd0b805e8bfa92a8774"><enum>(B)</enum><header>Approval or
disapproval</header><text>Not later than 90 days after the date on which a
State submits to the Administrator an application under subparagraph (A)(i) or
a notice under subparagraph (A)(ii), and after a reasonable (as determined by
the Administrator) opportunity for discussion, the Administrator shall by
regulation approve, disapprove, or approve in part and disapprove in part, the
carbon dioxide storage program proposed by the State.</text>
</subparagraph><subparagraph id="IDdf460282402a4761b0a963fdbd47e259"><enum>(C)</enum><header>Effect of
approval</header><text>If the Administrator approves the carbon dioxide storage
program of a State under subparagraph (B), the State shall have primary
enforcement responsibility for carbon dioxide storage in the State until such
time as the Administrator determines, by regulation, that the State no longer
meets the requirements of subparagraph (A)(i).</text>
</subparagraph><subparagraph id="ID5399ccc8659e4880b261d5193a584128"><enum>(D)</enum><header>Public
participation</header><text>Before making a determination under subparagraph
(B) or (C), the Administrator shall provide an opportunity for a public hearing
with respect to the determination.</text>
</subparagraph></paragraph><paragraph id="ID281c215eb10944e3b3550bda93c152f3"><enum>(2)</enum><header>States without
primary enforcement responsibility</header>
<subparagraph id="ID7f1d909be0e9473e90e2476a1a772594"><enum>(A)</enum><header>In
general</header><text>If a State fails to submit an application under paragraph
(1)(A)(i) by the date that is 270 days after the date of promulgation of
regulations under subsection (b)(1)(A)(ii), the Administrator shall by
regulation prescribe (and may from time to time by regulation revise) a program
applicable to the State that meets the terms and conditions of subsection
(b)(2).</text>
</subparagraph><subparagraph id="ID822f76ab46b04a9285a90cf66b69ff61"><enum>(B)</enum><header>Disapproval</header><text>If
the Administrator disapproves all or a portion of the program of a State under
paragraph (1)(B), if the Administrator determines under paragraph (1)(C) that a
State no longer meets the requirements of subclause (I) or (II) of paragraph
(1)(A)(i), or if a State fails to submit a notice before the expiration of the
period specified in paragraph (1)(A)(ii), the Administrator shall by
regulation, not later than 90 days after the date of the disapproval,
determination, or expiration (as the case may be), prescribe (and may from time
to time by regulation revise) a program applicable to the State that meets the
requirements of subsection (b)(2).</text>
</subparagraph><subparagraph id="IDc53d78fe2da24736bdb92af3d0daac5c"><enum>(C)</enum><header>Applicability</header><text>A
program prescribed by the Administrator under subparagraph (B) shall apply in a
State only to the extent that a program adopted by the State that the
Administrator determines meets the requirements of this section or subsection
(b)(2) is not in effect.</text>
</subparagraph><subparagraph id="ID09704df75dd547a687cd6a9a9c0eb493"><enum>(D)</enum><header>Public
participation</header><text>Before promulgating any regulation under
subparagraph (B) or (C), the Administrator shall provide an opportunity for a
public hearing with respect to the regulation.</text>
</subparagraph></paragraph></subsection><subsection id="ID6c247b4d306c4dd18e74faebe479de48"><enum>(d)</enum><header>Enforcement of
program</header>
<paragraph id="ID6ddbbde6b19540dfb95c3abb380723f7"><enum>(1)</enum><header>Notification</header>
<subparagraph id="IDf0bb128c3d4e4b5d8542719efe5844bd"><enum>(A)</enum><header>In
general</header><text>In any case in which the Administrator determines, during
a period during which a State has primary enforcement responsibility for carbon
dioxide storage, that any person who is subject to a requirement of the carbon
dioxide storage program is violating the requirement, the Administrator shall
notify the State and the person violating the requirement of the
violation.</text>
</subparagraph><subparagraph id="IDfc39b9c3678d46ba9b59311e57535156"><enum>(B)</enum><header>Failure to
enforce</header><text>If, after the date that is 30 days after the
Administrator notifies a State of a violation under subparagraph (A), the State
has not commenced appropriate enforcement action, the Administrator
shall—</text>
<clause id="ID8c914578c9fe41aba9c1d372c2cfd978"><enum>(i)</enum><text>issue an order
under paragraph (2) requiring the person to—</text>
<subclause id="ID51efd6c25b95445f9bd504be21b537c9"><enum>(I)</enum><text>correct the
matter; and</text>
</subclause><subclause id="ID57c1360ec93548cd856dc66385189380"><enum>(II)</enum><text>comply with the
requirement; or</text>
</subclause></clause><clause id="ID67252dd81aae41939d5ddb9f4468093b"><enum>(ii)</enum><text>bring a civil
action in accordance with paragraph (3).</text>
</clause></subparagraph><subparagraph id="IDf794d2f0f3f64b9180fec23fe8797965"><enum>(C)</enum><header>Violations in
certain States</header><text>In any case in which the Administrator determines,
during a period during which a State does not have primary enforcement
responsibility for carbon dioxide storage, that any person subject to any
requirement of any applicable carbon dioxide storage program in the State is
violating the requirement, the Administrator shall—</text>
<clause id="IDb0d0c66b6bbf4ceaa7a24fdaaeb7911e"><enum>(i)</enum><text>issue an order
under paragraph (2) requiring the person to comply with requirement; or</text>
</clause><clause id="ID33bead2882f14d37bb7fb847c867bf91"><enum>(ii)</enum><text>bring a civil
action in accordance with paragraph (3).</text>
</clause></subparagraph></paragraph><paragraph id="ID01804a9a5ff840fbb87c26010d5541b3"><enum>(2)</enum><header>Administrative
orders and appeals</header>
<subparagraph id="IDcae4d14f777a45fbbb1972cd56e481d6"><enum>(A)</enum><header>In
general</header><text>In any case in which the Administrator has the authority
to bring a civil action under this subsection with respect to any regulation or
other requirement of this section, the Administrator may, in addition to
bringing the civil action, issue an order under this paragraph that—</text>
<clause id="IDd50a5ac755834554baea3b4e15733821"><enum>(i)</enum><text>assesses a civil
penalty of not more than $10,000 for each day of violation for any past or
current violation, up to a maximum aggregate civil penalty of $125,000, for
each covered entity;</text>
</clause><clause id="IDf34299c2570045faaa84ca0af756199d"><enum>(ii)</enum><text>requires
compliance with the regulation or other requirement; or</text>
</clause><clause id="IDddf7ea1ab68547778ef9852ed8f243c3"><enum>(iii)</enum><text>accomplishes
each of the actions described in clauses (i) and (ii).</text>
</clause></subparagraph><subparagraph id="ID0e88c15d07de4bbcb5a144ad2ca882ee"><enum>(B)</enum><header>Timing</header><text>An
order under this paragraph shall be issued by the Administrator only after an
opportunity (provided in accordance with this paragraph) for a hearing.</text>
</subparagraph><subparagraph id="ID9defb93c71804a5584f0d54f2389e5b6"><enum>(C)</enum><header>Notice</header><text>Before
issuing any order under subparagraph (A), the Administrator shall provide to
the person to whom the order applies—</text>
<clause id="ID46097486952d4ddbb887b17eb88da47f"><enum>(i)</enum><text>written notice of
the intent of the Administrator to issue the order; and</text>
</clause><clause id="ID09480e1482fc4be9b1b3b7175731f4c5"><enum>(ii)</enum><text>the opportunity
to request, within the 30-day period beginning on the date of receipt by the
person of the notice, a hearing on the order.</text>
</clause></subparagraph><subparagraph id="ID134288a3c1284326bf68bf96b7856fb3"><enum>(D)</enum><header>Requirements</header><text>A
hearing described in subparagraph (C)(ii)—</text>
<clause id="ID521df4df6fc54d98a091a6c1898516ec"><enum>(i)</enum><text>shall not be
subject to section 554 or 556 of title 5, United States Code; but</text>
</clause><clause id="ID82c0054fb6ca46a48c5fec31b3e3141e"><enum>(ii)</enum><text>shall provide to
each interested person a reasonable opportunity to be heard and to present
evidence.</text>
</clause></subparagraph><subparagraph id="IDf00eb565952d4f89abeb8a911e764b59"><enum>(E)</enum><header>Notice and
comment</header><text>The Administrator shall provide public notice of, and a
reasonable opportunity to comment on, any proposed order.</text>
</subparagraph><subparagraph id="ID71d5ec5522ca4cfea8e523331e3b4b89"><enum>(F)</enum><header>Specific
notice</header><text>Any person who comments on any proposed order under
subparagraph (E) shall be given notice of any hearing under this paragraph and
of any order.</text>
</subparagraph><subparagraph id="IDea5998f6c2fb415da7cf5d0870849b6f"><enum>(G)</enum><header>Effective
date</header><text>Any order issued under this paragraph shall become effective
on the date that is 30 days after the date of issuance of the order, unless an
appeal is taken pursuant to subparagraph (K).</text>
</subparagraph><subparagraph id="ID22e93c91ddce4c3a895a5db26bcddfd5"><enum>(H)</enum><header>Contents of
order</header><text>Any order issued under this paragraph—</text>
<clause id="IDfbe504fa8e964a8fa6f156a2502ea79c"><enum>(i)</enum><text>shall state with
reasonable specificity the nature of the violation; and</text>
</clause><clause id="ID684310bcccb346979169e9ec8d16f7a2"><enum>(ii)</enum><text>may specify a
reasonable period to achieve compliance.</text>
</clause></subparagraph><subparagraph id="IDde0def7701ed476eb18a0973a62be50d"><enum>(I)</enum><header>Considerations</header><text>In
assessing any civil penalty under this paragraph, the Administrator shall take
into consideration all appropriate factors, including—</text>
<clause id="ID6ac2a3b0aa5341b28cb56d4a975002ae"><enum>(i)</enum><text>the
seriousness of the violation;</text>
</clause><clause id="IDe73eb2d64fc94434adf4c123eede3031"><enum>(ii)</enum><text>the economic
benefit (if any) resulting from the violation;</text>
</clause><clause id="IDd3e45911881a40338c0a6ea03a18d542"><enum>(iii)</enum><text>any history of
similar violations;</text>
</clause><clause id="ID3cb549aca1704a2ab28f9ec85db44cb2"><enum>(iv)</enum><text>any good-faith
efforts to comply with the applicable requirements;</text>
</clause><clause id="ID788820ff8a6b4a6b94c3f51e17ecb8df"><enum>(v)</enum><text>the
economic impact of the penalty on the violator; and</text>
</clause><clause id="IDf510bb216f704fadb006969ab646c05b"><enum>(vi)</enum><text>such other
matters as justice may require.</text>
</clause></subparagraph><subparagraph id="IDaf001e63b4814de3813c77f1da6a9c6a"><enum>(J)</enum><header>Other
actions</header><text>Any violation with respect to which the Administrator has
commenced and is diligently prosecuting a civil action under a provision of law
other than this section, or has issued an order under this paragraph assessing
a civil penalty, shall not be subject to a civil action under paragraph
(3).</text>
</subparagraph><subparagraph id="IDe6d4be6610db44cd9d32e9f48f2eb605"><enum>(K)</enum><header>Appeals</header><text>Any
person against whom an order is issued may file an appeal of the order, not
later than 30 days after the date of issuance of the order, with—</text>
<clause id="ID2cfcdb560a394410bab09d8f550ea2c4"><enum>(i)</enum><text>the
United States District Court for the District of Columbia; or</text>
</clause><clause id="ID9340c5bc518d4e228b75ce8d4b190496"><enum>(ii)</enum><text>the United
States district court for the district in which the violation is alleged to
have occurred.</text>
</clause></subparagraph><subparagraph id="IDa0c14597b5a14ff794481a626ad5f511"><enum>(L)</enum><header>Distribution of
copies</header><text>An appellant shall simultaneously send a copy of an appeal
filed under subparagraph (K) by certified mail to the Administrator and to the
Attorney General.</text>
</subparagraph><subparagraph id="ID6dd005050f9c4af893c5591012c8bfbd"><enum>(M)</enum><header>Record</header><text>The
Administrator shall promptly file in the appropriate court described in
subparagraph (K) a certified copy of the record on which an order was
based.</text>
</subparagraph><subparagraph id="ID6e7052cc64b145c1b6f70c68821646c7"><enum>(N)</enum><header>Judicial
action</header><text>A court having jurisdiction over an order issued under
this paragraph shall not—</text>
<clause id="ID05e12642e1364e9c80856c69d6da64ae"><enum>(i)</enum><text>set
aside or remand the order unless the court determines that—</text>
<subclause id="ID74c53b0019d14226a4d4c6f97c56174d"><enum>(I)</enum><text>there is not
substantial evidence on the record, taken as a whole, to support the finding of
a violation; or</text>
</subclause><subclause id="IDcb83bc6a68664aa1aa356b76010d8ecc"><enum>(II)</enum><text>the assessment
by the Administrator of a civil penalty, or a requirement for compliance,
constitutes an abuse of discretion; or</text>
</subclause></clause><clause id="ID727e0f0b574e44598c252bc6de2b0258"><enum>(ii)</enum><text>impose
additional civil penalties for the same violation unless the court determines
that the assessment by the Administrator of a civil penalty constitutes an
abuse of discretion.</text>
</clause></subparagraph><subparagraph id="IDc1527059bade4276a020eccaee0f6e2b"><enum>(O)</enum><header>Failure to
pay</header>
<clause id="ID88bbd20d0ebe43f5a6b7078e3437d579"><enum>(i)</enum><header>In
general</header><text>If any person fails to pay an assessment of a civil
penalty after an order becomes effective under subparagraph (G), or after a
court, in a civil action brought under subparagraph (K), has entered a final
judgment in favor of the Administrator, the Administrator may request the
Attorney General to bring a civil action in an appropriate United States
district court to recover the amount assessed, plus costs, attorneys' fees, and
interest at currently prevailing rates, calculated from the date on which the
order is effective or the date of the final judgment, as the case may
be.</text>
</clause><clause id="ID6899dccd347442d0b8e68217329a5e9c"><enum>(ii)</enum><header>No review of
amount</header><text>In a civil action brought under clause (i), the validity,
amount, and appropriateness of the civil penalty shall not be subject to
review.</text>
</clause></subparagraph><subparagraph id="ID8d15417b2ca84811b1283c08a12827a9"><enum>(P)</enum><header>Authority of
Administrator</header><text>The Administrator may, in connection with
administrative proceedings under this paragraph—</text>
<clause id="IDbb22663db96c4bce82ec9137ee819930"><enum>(i)</enum><text>issue subpoenas
compelling the attendance and testimony of witnesses and subpoenas duces tecum;
and</text>
</clause><clause id="IDb0319551946042c49a049f777b1fff55"><enum>(ii)</enum><text>request the
Attorney General to bring a civil action to enforce any subpoena issued under
this subparagraph.</text>
</clause></subparagraph><subparagraph id="ID05444addf48f4fb686e87de09171c3b3"><enum>(Q)</enum><header>Enforcement</header><text>The
United States district courts shall have jurisdiction to enforce, and impose
sanctions with respect to, subpoenas issued under subparagraph (P).</text>
</subparagraph></paragraph><paragraph id="IDa0041ba43432438f9af10673faa96b48"><enum>(3)</enum><header>Civil and
criminal actions</header>
<subparagraph id="IDe92801aad5f94be2afab50ea7bca8b50"><enum>(A)</enum><header>In
general</header><text>A civil action referred to in subparagraph (B) or (C) of
paragraph (1) shall be brought in the appropriate United States district
court.</text>
</subparagraph><subparagraph id="IDc156f5fad4894bb3aa36957d98fecd44"><enum>(B)</enum><header>Authority;
judgement</header><text>A court described in subparagraph (A)—</text>
<clause id="ID3e28bad8acee47ed82395ed8e519fce4"><enum>(i)</enum><text>shall have
jurisdiction to require compliance with any requirement of an applicable carbon
dioxide storage program or with an order issued under paragraph (2); and</text>
</clause><clause id="ID3a393db158ad463a9332508c7a402d8d"><enum>(ii)</enum><text>may enter such
judgment as the protection of public health may require.</text>
</clause></subparagraph><subparagraph id="ID5df2cb619c0c4a9f9d1c5a0f8e024e94"><enum>(C)</enum><header>Penalties</header><text>Any
person who violates any requirement of an applicable carbon dioxide storage
program or an order requiring compliance under paragraph (2)—</text>
<clause id="IDc433500322244f798a835a71a1ffc61a"><enum>(i)</enum><text>shall be subject
to a civil penalty of not more than $25,000 for each day of such violation;
and</text>
</clause><clause id="ID67364b62f48a4854bec198d1629b334d"><enum>(ii)</enum><text>if
the violation is willful, may, in addition to or in lieu of the civil penalty
under clause (i), be imprisoned for not more than 3 years, fined in accordance
with title 18, United States Code, or both.</text>
</clause></subparagraph></paragraph><paragraph id="IDedc7797fa3ad4fe5a90da5c826aef92a"><enum>(4)</enum><header>Effect on State
authority</header>
<subparagraph id="ID875b9ba4ebdd422eae82af620d2fb87e"><enum>(A)</enum><header>In
general</header><text>Nothing in this subsection diminishes or otherwise
affects any authority of a State or political subdivision of a State to adopt
or enforce any law (including a regulation) (relating to the storage of carbon
dioxide.</text>
</subparagraph><subparagraph id="ID5c55450c127841bd8e587ef4ecbf13d0"><enum>(B)</enum><header>Other
requirements</header><text>No law (including a regulation) described in
subparagraph (A) shall relieve any person of any requirement otherwise
applicable under this Act.</text>
</subparagraph></paragraph></subsection><subsection id="ID6013905643ae4ce68556be03597b69b1"><enum>(e)</enum><header>Financial
assurances for storage operators</header>
<paragraph id="ID73f9bf010c2e40259080cd2ffd759260"><enum>(1)</enum><header>In
general</header><text>Each storage operator shall be required by the State
regulatory agency (in the case of a State with primary enforcement authority)
or the Administrator (in the case of a State that does not have primary
enforcement authority) to have and maintain financial assurances of such type
and in such amounts as are necessary to cover public liability claims relating
to the storage facility of the storage operator.</text>
</paragraph><paragraph id="ID29ce4429000440659082eadbb77420c4"><enum>(2)</enum><header>Maintenance of
financial assurances</header><text>The financial assurances required under
paragraph (1) shall be maintained by the storage operator until such time as
the operator obtains a certificate of completion of injection operations under
subsection (f).</text>
</paragraph><paragraph id="IDe3d037313aa94f15ab7688064086448d"><enum>(3)</enum><header>Amount</header><text>The
amount of financial assurances required under paragraph (1) shall be the
maximum amount of liability insurance available at a reasonable cost and on
reasonable terms from private sources (including private insurance, private
contractual indemnities, self-insurance, or a combination of those measures),
as determined by the Administrator.</text>
</paragraph></subsection><subsection id="ID240d039389784747b1764930351e43a4"><enum>(f)</enum><header>Cessation of
storage operations</header><text>Upon a showing by a storage operator that a
storage facility is reasonably expected to retain mechanical integrity and
remain in place, the State regulatory agency (in the case of a State with
primary enforcement authority) or the Administrator (in the case of a State
that does not have primary enforcement authority) shall issue a certificate of
completion of injection operations to the storage operator.</text>
</subsection><subsection id="ID54ce4f619a2848b2bbd473d47af8600c"><enum>(g)</enum><header>Liability of
storage operators for release of carbon dioxide</header>
<paragraph id="IDc9795cbb613441ed93761f036b78d04b"><enum>(1)</enum><header>In
general</header><text>The Administrator shall agree to indemnify and hold
harmless a storage operator (and if different from the storage operator, the
owner of the storage facility) that has maintained financial assurances under
subsection (e) from liability arising from the leakage of carbon dioxide at any
storage facility operated by the storage operator, to the extent that the
liability is in excess of the level of financial protection required of the
storage operator.</text>
</paragraph><paragraph id="ID08df9381f9f64517acb7997eb89023f2"><enum>(2)</enum><header>Completion of
operations</header><text>Upon the issuance of certificate of completion of
injection operations by a State regulatory agency (in the case of a State with
primary enforcement authority) or the Administrator (in the case of a State
that does not have primary enforcement authority)—</text>
<subparagraph id="ID588ee64f89ec4335baa97971606c18ad"><enum>(A)</enum><text>the Administrator
shall be vested with complete and absolute title and ownership of the storage
facility and any stored carbon dioxide at the facility;</text>
</subparagraph><subparagraph id="ID5fde3e7165f24ed183408c45870ec464"><enum>(B)</enum><text>the storage
operator and all generators of any injected carbon dioxide shall be released
from all further liability associated with the project; and</text>
</subparagraph><subparagraph id="ID5e3b38063ecf4ae6bdd0fb4cc05df5fe"><enum>(C)</enum><clause commented="no" display-inline="yes-display-inline" id="id78FC7EDF0DC645D4B06A8C0FCE34A076"><enum>(i)</enum><text>any performance bonds
posted by the storage operator shall be released; and</text>
</clause><clause id="id7D4D5D49170F4D9D987FF2051B99B8E7" indent="up1"><enum>(ii)</enum><text>continued monitoring of the
storage facility, including remediation of any well leakage, shall become the
responsibility of the Administrator.</text>
</clause></subparagraph></paragraph></subsection><subsection id="IDe358c2ff300d45faac37afb7843ac8b2"><enum>(h)</enum><header>Funding</header>
<paragraph id="ID455efdb4dbed45ea9b5734be7512d98e"><enum>(1)</enum><header>In
general</header><text>For each fiscal year, the Administrator shall collect an
annual assessment from each storage operator for each storage facility that has
not obtained a certificate of completion of injection operations.</text>
</paragraph><paragraph id="ID5eea8ab9590e4d9791078129ec7058cd"><enum>(2)</enum><header>Assessment
amount</header><text>The amount of the assessment for a storage facility for a
fiscal year shall be equal to the product obtained by multiplying—</text>
<subparagraph id="ID1c7c48c2dac447789c287037d55bb95a"><enum>(A)</enum><text>the per-ton
assessment for the fiscal year calculated under paragraph (4); and</text>
</subparagraph><subparagraph id="IDdabbbe17f69549f8bfd6adb8212bcbc9"><enum>(B)</enum><text>the total number
of tons of carbon dioxide injected for storage by the storage operator during
the preceding fiscal year at all storage facilities operated by the storage
operator during the fiscal year.</text>
</subparagraph></paragraph><paragraph id="IDbf6c44bc26414559a6a67ae81a2883cf"><enum>(3)</enum><header>Aggregate
amount</header><text>The aggregate amount of assessments collected from all
storage operators under paragraph (1) for any fiscal year shall be equal to the
sum of, with respect to the fiscal year—</text>
<subparagraph id="ID25531d4a539b4e688a880848900b7d56"><enum>(A)</enum><text>any
indemnification payments required to be made pursuant to subsection
(g)(1);</text>
</subparagraph><subparagraph id="IDf386e8dc43a3416bb8ee45f22dd988c3"><enum>(B)</enum><text>any costs
associated with storage facilities to which the Administrator has taken title
pursuant to subsection (g)(2), including costs associated with any—</text>
<clause id="ID565f1af00fe148f2ba0ef90c3c6ec078"><enum>(i)</enum><text>inspection,
monitoring, recordkeeping, and reporting requirements of those
facilities;</text>
</clause><clause id="ID46eb787b32934e5bb1825b72cf4de98c"><enum>(ii)</enum><text>remediation of
carbon dioxide leakage; or</text>
</clause><clause id="ID35d3b7f94c524a6293fb24b2d4e4f09b"><enum>(iii)</enum><text>plugging and
abandoning of remaining wells; and</text>
</clause></subparagraph><subparagraph id="ID0f68b0a59d6544a6ac11da375858f1a0"><enum>(C)</enum><text>any costs
associated with public liability of storage facilities to which the
Administrator has taken title pursuant to subsection (g)(2).</text>
</subparagraph></paragraph><paragraph id="ID5ce3c1b432a1440e8593d49635eee9b9"><enum>(4)</enum><header>Calculation of
assessment</header><text>The assessment under this subsection per ton of carbon
dioxide for a fiscal year shall be equal to the quotient obtained by
dividing—</text>
<subparagraph id="IDe75e0e12fbe34b9782d4c988661950f9"><enum>(A)</enum><text>the aggregate
amount of assessments calculated under paragraph (3) for the fiscal year;
by</text>
</subparagraph><subparagraph id="IDc373d595af03434e85ebd669f196c9df"><enum>(B)</enum><text>the aggregate
number of tons of carbon dioxide injected for storage during the preceding
fiscal year by all storage operators.</text>
</subparagraph></paragraph><paragraph id="IDe17c6c173c9e493cace6a990b1d7ebff"><enum>(5)</enum><header>Information</header><text>The
Administrator shall require the submission of such information by each storage
operator on an annual basis as is necessary to make the calculations required
under this subsection.</text>
</paragraph></subsection><subsection id="ID4e9dab8c334d4b30a22796ef3506b895"><enum>(i)</enum><header>Relationship to
other laws</header>
<paragraph id="IDf2739d5fb53d4c2d8428b4ed3e9639df"><enum>(1)</enum><header>In
general</header><text>The Administrator shall promulgate regulations for
permitting commercial-scale underground injection of carbon dioxide for
purposes of geological sequestration under this section.</text>
</paragraph><paragraph id="IDf4936bd490af4553a0d8cd7f328c4665"><enum>(2)</enum><header>Safe drinking
water Act</header><text>Section 1421 of the Safe Drinking Water Act (42 U.S.C.
300h) shall not be used as a basis for permitting commercial-scale underground
injection or storage of carbon dioxide.</text>
</paragraph></subsection></section></subtitle><subtitle id="id97FC5EF916FE4A2EB3E6E105546C7C76"><enum>D</enum><header>Reduced Carbon
Emissions Through Clean Coal Technologies</header>
<section id="ID37787d95ea094c21bd403da3ed4fce1c"><enum>631.</enum><header>Statement of
policy</header><text display-inline="no-display-inline">It is the policy of the
United States to reduce carbon emissions from technology improvements to
coal-fired power plants that will reduce the quantity of coal burned and carbon
dioxide emitted per unit of power produced.</text>
</section><section id="IDe01f475f80084187a93907ccd182b8b0"><enum>632.</enum><header>Clean coal
research and development</header>
<subsection id="IDd3c468a604a247f784b96f29f8b69cea"><enum>(a)</enum><header>In
general</header><text>The Secretary shall expand and accelerate efforts to
conduct research and develop technologies that reduce carbon dioxide emissions
from coal-fired facilities with an emphasis on commercial viability and
reliability.</text>
</subsection><subsection id="ID69279aa0e4e641388c351d1311c5f3f4"><enum>(b)</enum><header>Short-, medium-
and long-term technology areas</header><text>The Secretary shall emphasize
technologies that reduce carbon dioxide emissions in the short-, medium-, and
long-term time frames, including—</text>
<paragraph id="IDe03e1f0dfd854a6fbacebab4abcb0250"><enum>(1)</enum><text>innovations for
existing power plants that reduce carbon dioxide emissions by energy efficiency
increases or by capturing carbon emissions, including technologies that—</text>
<subparagraph id="ID674055a7d8fb416db864ff6e90fe37f3"><enum>(A)</enum><text>reduce the
quantity of fuel combusted per unit of electricity output;</text>
</subparagraph><subparagraph id="IDa1256245a96344a1a7933952f6e2914c"><enum>(B)</enum><text>reduce parasitic
power loss from carbon control technology;</text>
</subparagraph><subparagraph id="ID52e5a93f33ef4c78ac4e35499fcd6b7f"><enum>(C)</enum><text>improve
compression of the separated and captured carbon dioxide;</text>
</subparagraph><subparagraph id="IDb6d8f13a30e847558e397b67305b3b7d"><enum>(D)</enum><text>reuse or reduce
water consumption and withdrawal; and</text>
</subparagraph><subparagraph id="ID4e729df27db4427489d0dc391c853104"><enum>(E)</enum><text>capture carbon
dioxide post-combustion from flue gas, such as through the use of
ammonia-based, aqueous amine or ionic liquid solutions or other methods;</text>
</subparagraph></paragraph><paragraph id="ID799be87d932d498295407fb9c91b7f28"><enum>(2)</enum><text>new combustion
systems, including—</text>
<subparagraph id="ID65da30d4bacb4b6bab3a61d967c77e51"><enum>(A)</enum><text>oxyfuel
combustion that burns fuel in the presence of oxygen and recirculated flue gas
instead of air producing a concentrated stream of carbon dioxide that can be
readily captured for storage or use;</text>
</subparagraph><subparagraph id="ID6bbd07d4209242b7a089fc6ea5b33005"><enum>(B)</enum><text>chemical looping
combustion that burns fuel in the presence of a solid oxygen carrier instead of
air producing concentrated stream of carbon dioxide that can be readily
captured for storage or use;</text>
</subparagraph><subparagraph id="ID38837bc15e97449cb7d08a41ecad5b56"><enum>(C)</enum><text>high-temperature
and pressure steam systems, such as ultra supercritical steam generation, that
result in high net plant efficiency and reduced fuel consumption, thus
producing less carbon dioxide per unit of energy;</text>
</subparagraph><subparagraph id="ID4b8021de777f422b86a91308079cf89b"><enum>(D)</enum><text>other innovative
carbon dioxide control technologies appropriate for new combustion systems;
and</text>
</subparagraph><subparagraph id="IDf44eb145e9614308b1881a546287b184"><enum>(E)</enum><text>high temperature
and high pressure materials that will result in much higher plant efficiencies
and carbon dioxide emission reductions;</text>
</subparagraph></paragraph><paragraph id="ID070635fca1e744c39bb57c9ce5ad8a05"><enum>(3)</enum><text>innovations for
IGCC systems that build on the ability of the IGCC to separate pollutants and
carbon emissions from gas streams, including—</text>
<subparagraph id="ID2f666cf141fb48069719a388eeda4ddc"><enum>(A)</enum><text>advanced membrane
technology for carbon dioxide separation;</text>
</subparagraph><subparagraph id="ID2dcff6e69f4b46e7a2dc8b9823eb3524"><enum>(B)</enum><text>improved air
separation systems;</text>
</subparagraph><subparagraph id="ID559310b22d184e1d9b5a1243a319645a"><enum>(C)</enum><text>improved
compression for the separated and captured carbon dioxide; and</text>
</subparagraph><subparagraph id="IDcadfd7d2c23244d7ab62bfe41786b35c"><enum>(D)</enum><text>other innovative
carbon dioxide control technologies appropriate for IGCC systems;</text>
</subparagraph></paragraph><paragraph id="ID8e059c7a6acc4d048aff512590a5189e"><enum>(4)</enum><text>advanced
combustion turbines, including—</text>
<subparagraph id="ID8246b98272b74197aa895468c467ff84"><enum>(A)</enum><text>ultra low
emission hydrogen turbines; and</text>
</subparagraph><subparagraph id="ID7baf564c0a46490fa6fa0f3a39116cfa"><enum>(B)</enum><text>oxycoal
combustion turbines; and</text>
</subparagraph></paragraph><paragraph id="IDa52cd754e5a04e09883131c8adcd8585"><enum>(5)</enum><text>sequestration of
captured carbon in geological formations, including—</text>
<subparagraph id="IDdad4ed065d604032ae4da58891d6d7c6"><enum>(A)</enum><text>plume
tracking;</text>
</subparagraph><subparagraph id="ID90d05179789749f1a770a24bbc5e9c62"><enum>(B)</enum><text>carbon dioxide
leak detection and mitigation;</text>
</subparagraph><subparagraph id="IDec00e9efe5214136ab168a367e5776ca"><enum>(C)</enum><text>carbon dioxide
fate and transport models; and</text>
</subparagraph><subparagraph id="IDe76e41f9553541308ebbf7dc58819ab2"><enum>(D)</enum><text>site evaluation
instrumentation.</text>
</subparagraph></paragraph></subsection><subsection id="ID2a3571807dd74e64baaa8ca97d738f66"><enum>(c)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated to
carry out this section, to remain available until expended—</text>
<paragraph id="ID403a1585049c4cc1bde172a791972efc"><enum>(1)</enum><text>for innovations
at power plants in operation as of the date of enactment of this Act
$450,000,000 for the period of fiscal years 2009 through 2020;</text>
</paragraph><paragraph id="ID0486c20720ad4d79a855588eb36e3e1b"><enum>(2)</enum><text>for new
combustion systems $450,000,000 for the period of fiscal years 2009 through
2025;</text>
</paragraph><paragraph id="ID6abff16a2d214b9c813fc70ea1970c5a"><enum>(3)</enum><text>for IGCC systems
$850,000,000 for the period of fiscal years 2009 through 2025;</text>
</paragraph><paragraph id="IDeb4b914ed9e04dce9c938ac095d7e679"><enum>(4)</enum><text>for advanced
combustion turbines $350,000,000 for the period of fiscal years 2009 through
2025; and</text>
</paragraph><paragraph id="ID575b098b889849b682f41afac62d7684"><enum>(5)</enum><text>for carbon
storage $400,000,000 for the period of fiscal years 2009 through 2020.</text>
</paragraph></subsection></section><section id="IDfc2064bed5d24959878ae6332bda2eab"><enum>633.</enum><header>Clean coal
demonstration</header>
<subsection id="IDc803d07a38bf4840b6f7b20e8f91412a"><enum>(a)</enum><header>In
general</header><text>The Secretary shall expand and accelerate the
demonstration of technologies that reduce carbon dioxide emissions from
coal-fired facilities by demonstrating, at a minimum—</text>
<paragraph id="ID9fe6c2d5f34344adb1c10d6072237923"><enum>(1)</enum><text>through
facilities in operation as of the date of enactment of this Act—</text>
<subparagraph id="ID59cc9bc6979d44939514ddb110df6cae"><enum>(A)</enum><text>post-combustion
carbon dioxide capture at pilot scale at not less than 2 facilities, the award
of contracts for which shall be completed by 2010;</text>
</subparagraph><subparagraph id="ID38f9190049824baf8e688925c7fd88c1"><enum>(B)</enum><text>oxycoal
combustion at commercial scale retrofitted to not less than 1 facility, the
award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="IDcc7db1200b514ee6af98bc98dd0641a8"><enum>(C)</enum><text>post-combustion
carbon dioxide capture at commercial scale retrofitted to not less than 1
facility, the award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID58343c9ec6df4f9db020064102efe9cc"><enum>(D)</enum><text>heat rate and
efficiency improvements at commercial scale at not less than 2 facilities, the
award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID9d74d5333c944f46ab5a9387009c6cad"><enum>(E)</enum><text>water consumption
reduction at commercial scale at not less than 2 facilities, the award of
contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID640747bde7854226be0887f949cdef65"><enum>(F)</enum><text>post-combustion
carbon dioxide capture at pilot scale with technologies other than technologies
demonstrated under subparagraphs (A) and (C) at not less than 1 facility, the
award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID4d715ddb9a3442a09b509b15bcc2061c"><enum>(G)</enum><text>heat rate and
efficiency improvements at commercial scale at not less than 3 facilities, the
award of contracts for which shall be completed by 2014;</text>
</subparagraph><subparagraph id="ID32ac7960905746cda1e57be2c336e4cc"><enum>(H)</enum><text>water consumption
reduction at commercial scale at not less than 3 facilities, the award of
contracts for which shall be completed by 2014; and</text>
</subparagraph><subparagraph id="IDd72752dd1c3042c5b283392ea4302708"><enum>(I)</enum><text>post-combustion
carbon dioxide capture at pilot scale with technologies other than technologies
demonstrated under subparagraphs (A), (C), and (F) at not less than 1 facility,
the award of contracts for which shall be completed by 2016;</text>
</subparagraph></paragraph><paragraph id="ID827ad76dc6614372a4af1d9c91ce2d12"><enum>(2)</enum><text>through new coal
combustion facilities that include carbon capture—</text>
<subparagraph id="IDfb752ae2419b4a82aa7814a6b971d780"><enum>(A)</enum><text>oxycoal
combustion at pilot scale at not less than 1 facility, the award of contracts
for which shall be completed by 2010;</text>
</subparagraph><subparagraph id="ID1b245a19b94a45fba870ae2afb713de6"><enum>(B)</enum><text>post-combustion
carbon dioxide capture at pilot scale at not less than 1 facility, the award of
contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="IDdc377dedad1249e2844e86d38d164c4e"><enum>(C)</enum><text>oxycoal
combustion at commercial scale at not less than 1 facility, the award of
contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="IDf0c6ce608201494ea7e34db3b7325f0c"><enum>(D)</enum><text>supercritical
pulverized coal combustion with advanced emission controls and partial carbon
dioxide capture at commercial scale at not less than 1 facility, the award of
contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID6b3f9a724b4940fb9cea7afa1c0c0d1e"><enum>(E)</enum><text>oxycoal
supercritical circulating fluidized bed combustion at commercial scale at not
less than 1 facility, the award of contracts for which shall be completed by
2012;</text>
</subparagraph><subparagraph id="ID15d0b066000a40aba4445eb32366c7de"><enum>(F)</enum><text>post-combustion
carbon dioxide capture at commercial scale at not less than 1 facility, the
award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID69ae5ed2985448328d15a8bac73b3a41"><enum>(G)</enum><text>post-combustion
carbon dioxide capture at pilot scale with technologies other than technologies
demonstrated under subparagraphs (B) or (F) at not less than 1 facility, the
award of contracts for which shall be completed by 2014;</text>
</subparagraph><subparagraph id="IDcae87aa6a9f64287b27bde6fc515e87b"><enum>(H)</enum><text>ultra
supercritical (1290°F) pulverized coal combustion with near-zero emission
controls and 90 percent carbon dioxide capture at commercial scale at not less
than 1 facility, the award of contracts for which shall be completed by
2014;</text>
</subparagraph><subparagraph id="ID73c51c5eb37e49c2b79b561e1facdcb1"><enum>(I)</enum><text>oxycoal
combustion with an advanced oxygen separation system at commercial scale at not
less than 1 facility, the award of contracts for which shall be completed by
2016;</text>
</subparagraph><subparagraph id="ID06807903bd754d0fae62a1c64dfb64fc"><enum>(J)</enum><text>second generation
post-combustion carbon dioxide capture at commercial scale at not less than 1
facility, the award of contracts for which shall be completed by 2014;</text>
</subparagraph><subparagraph id="IDbed18560898b46188141df4e38bb59f0"><enum>(K)</enum><text>chemical looping
combustion at commercial scale at not less than 1 facility, the award of
contracts for which shall be completed by 2018; and</text>
</subparagraph><subparagraph id="ID6bb10f03cf6740b0acf90579b01a250c"><enum>(L)</enum><text>ultra advanced
supercritical (1400°F) combustion with near-zero emission controls and 90
percent integrated carbon dioxide capture at commercial scale at not less than
1 facility, the award of contracts for which shall be completed by 2018;</text>
</subparagraph></paragraph><paragraph id="ID05c4b14162934c8ca476660f12a0e9ae"><enum>(3)</enum><text>through IGCC with
carbon capture—</text>
<subparagraph id="IDa4c643ec56b64a769aa3993e5eae9297"><enum>(A)</enum><text>partial carbon
dioxide capture without a water gas shift system at commercial scale at not
less than 1 facility, the award of contracts for which shall be completed by
2010;</text>
</subparagraph><subparagraph id="ID84104c383f554f7d95913984ab225bd8"><enum>(B)</enum><text>using G class
turbine at not less than 1 facility with at least 400 megawatts in generating
capacity, the award of contracts for which shall be completed by 2012;</text>
</subparagraph><subparagraph id="ID69c9ec02f5214da39f8c8f2c73b65fd2"><enum>(C)</enum><text>using H class
turbines at not less than 1 facility with at least 400 megawatts in generating
capacity, the award of contracts for which shall be completed by 2014;
and</text>
</subparagraph><subparagraph id="IDc589e33384d8482889cfeb415de78a29"><enum>(D)</enum><text>using H class
turbines at not less than 1 facility with at least 400 megawatts in generating
capacity, the award of contracts for which shall be completed by 2016.</text>
</subparagraph></paragraph><paragraph id="ID179a362ce767449b80ab7d4b0703d133"><enum>(4)</enum><text>through advanced
turbines using—</text>
<subparagraph id="ID5fd3bcd414494d309afa1cacf1b2bc20"><enum>(A)</enum><text>monitoring
systems for advanced IGCC gas turbine at commercial scale at not less than 1
facility, the award of contracts for which shall be completed by 2010;</text>
</subparagraph><subparagraph id="ID70b35a268a8a494b99afac431d266b61"><enum>(B)</enum><text>advanced oxygen
separation of at least 2,000 tons per day in size integrated with a combustion
turbine at not less than 1 facility, the award of contracts for which shall be
completed by 2012;</text>
</subparagraph><subparagraph id="IDdb076f65cecb41279ea2d1c874ffb971"><enum>(C)</enum><text>an oxyfuel
turbine of at least 50 megawatts in generating capacity, at not less than 1
facility, the award of contracts for which shall be completed by 2015;</text>
</subparagraph><subparagraph id="ID52a3872aa60045e6835a71b5bbfb010f"><enum>(D)</enum><text>advanced oxygen
separation of at least 2,000 tons per day in size integrated with a gas turbine
at not less than 1 facility, the award of contracts for which shall be
completed by 2015; and</text>
</subparagraph><subparagraph id="IDd2e1416efa7a4d0ab51977dc79eae28b"><enum>(E)</enum><text>an oxyfuel
turbine of at least 400 megawatts in generating capacity, at not less than 1
facility, the award of contracts for which shall be completed by 2020;
and</text>
</subparagraph></paragraph><paragraph id="ID6ca599f8a3b349f585ae5d62f5682755"><enum>(5)</enum><text>for storage of
carbon dioxide captured through—</text>
<subparagraph id="ID6a206c4ac62a4d6792cd7b024941acba"><enum>(A)</enum><text>a field test of
sequestration of at least 1,000,000 tons of carbon dioxide per year in a saline
formation, the award of contracts for which shall be completed by 2010;</text>
</subparagraph><subparagraph id="IDf219d20526f74db9839d5b300575d6a4"><enum>(B)</enum><text>field tests of
sequestration of at least 2,000,000 tons of carbon dioxide per year in a saline
formation, the award of contracts for which shall be completed by 2012;
and</text>
</subparagraph><subparagraph id="ID8d678df49f0240018188e16f903ade4f"><enum>(C)</enum><text>a field test of
sequestration of at least 1,000,000 tons of carbon dioxide per year in a saline
formation, the award of contracts for which shall be completed by 2014.</text>
</subparagraph></paragraph></subsection><subsection id="ID513eb687d0954ce79db929256be8f64b"><enum>(b)</enum><header>Sequestration
of captured carbon dioxide</header><text>In any demonstration referred to in
subsection (a) that demonstrates carbon dioxide capture, the carbon dioxide
capture shall be used for enhanced oil recovery, sequestered in geologically
appropriate formations, or permanently sequestered or reused, with funds made
available to carry out each such demonstration for the respective purpose of
the demonstration.</text>
</subsection><subsection id="ID385c80b28fa5405aa647f94667ea073d"><enum>(c)</enum><header>Authorization
of appropriations</header><text>There are authorized to be appropriated to
carry out this section, to remain available until expended—</text>
<paragraph id="ID6f6aee63aced4a70bcb1d29cebfcb047"><enum>(1)</enum><text>for
demonstrations through facilities in operation as of the date of enactment of
this Act $850,000,000 for the period of fiscal years 2009 through 2025;</text>
</paragraph><paragraph id="IDe62aaa5fdc404279b0209765c955c40b"><enum>(2)</enum><text>for new
combustion systems $1,950,000,000 for the period of fiscal years 2009 through
2025;</text>
</paragraph><paragraph id="ID91c8aa4e052440d2ac5e0de91823b9d1"><enum>(3)</enum><text>for IGCC systems
$2,950,000,000 for the period of fiscal years 2009 through 2025;</text>
</paragraph><paragraph id="ID38e286ff76e445c3ac4c63d68fb095e8"><enum>(4)</enum><text>for advanced
combustion turbines $400,000,000 for the period of fiscal years 2009 through
2025; and</text>
</paragraph><paragraph id="ID123491960e0e479a8293b6fb2d884747"><enum>(5)</enum><text>for carbon
storage $1,350,000,000 for the period of fiscal years 2009 through 2020.</text>
</paragraph></subsection></section><section id="IDd012215ac8cc44179a2e7ea54121b038"><enum>634.</enum><header>Identification
of clean coal research, development, and demonstration projects</header>
<subsection id="ID9fbef28872514da09e6b799bba33a336"><enum>(a)</enum><header>In
general</header><text>The Secretary shall take such steps as are necessary to
carry out this subtitle.</text>
</subsection><subsection id="ID763457bee9c44b03b727e18232e82f7c"><enum>(b)</enum><header>Public
comment</header><text>Not later than 90 days after the date of enactment of
this Act and every 2 years thereafter, the Secretary shall institute a public
comment period of at least 45 days to assist the determination of the specific
research, development, and demonstration projects required under this
subtitle.</text>
</subsection><subsection id="ID2ce607401814479d864f645383116f9e"><enum>(c)</enum><header>Applications</header><text>Not
later than 120 days after the end of each public comment period required under
subsection (b), the Secretary shall—</text>
<paragraph id="IDbe998f42a43748c0a8435334995d42ea"><enum>(1)</enum><text>publicly identify
the specific types of projects that the Secretary intends to pursue to carry
out this subtitle;</text>
</paragraph><paragraph id="ID0523f34534474921991d92046339aa20"><enum>(2)</enum><text>establish
selection criteria for the specific types of projects identified under
paragraph (1); and</text>
</paragraph><paragraph id="ID255dfec251784cd889be5f9d916e5356"><enum>(3)</enum><text>establish an
application process that allows persons that are interested in participating in
projects identified under paragraph (1) to provide such information as the
Secretary determines to be necessary.</text>
</paragraph></subsection></section></subtitle><subtitle id="id5977CFCD517C44DDBDC0955DBDAF994F"><enum>E</enum><header>Clean coal
technology incentives</header>
<section id="IDed90154531bc492a98822624a74d6675"><enum>641.</enum><header>Short
title</header><text display-inline="no-display-inline">This subtitle may be
cited as the <quote><short-title>Energy Security and
Climate Enhancement Through Clean Coal Technology Act of
2008</short-title></quote>.</text>
</section><section id="ID95e38b61548c41da8310336fce119767"><enum>642.</enum><header>Modification
of special rules for atmospheric pollution control facilities</header>
<subsection id="ID993e4211077c45aabbd3099cb2d3f93f"><enum>(a)</enum><header>In
general</header><text>Subsection (d) of section 169 of the Internal Revenue
Code of 1986 is amended by adding at the end the following new
paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id7AA94327B39E43BCA31A83F4D81AD80D" style="OLC">
<paragraph id="IDc06c33ff360e43289835d108eb558423"><enum>(6)</enum><header>Special rules
for certain atmospheric pollution control facilities</header><text display-inline="yes-display-inline">Notwithstanding paragraph (1), the term
<quote>pollution control facility</quote> includes any mechanical or electronic
system which—</text>
<subparagraph id="IDf5a2b725e9d34d698f623fea182766d0"><enum>(A)</enum><text>which is a new
identifiable treatment facility (as defined in paragraph (4)),</text>
</subparagraph><subparagraph id="IDfa1670e324c347dfadc6930abf090708"><enum>(B)</enum><text>which is—</text>
<clause id="ID4ff1723aa44c4a849f886d930cab17f9"><enum>(i)</enum><text>installed after
December 31, 2007, and</text>
</clause><clause id="IDbf817e4f9fe440959220295919c47aba"><enum>(ii)</enum><text>used in
connection with an electric generation plant or other property which is
primarily coal fired, and</text>
</clause></subparagraph><subparagraph id="ID1206777b33d143199655fd82fe3f316f"><enum>(C)</enum><text>which is
certified by the owner or operator of the plant or other property, in such form
and manner as prescribed by the Secretary, to reduce carbon dioxide emissions
per net megawatt hour of electricity generation by—</text>
<clause id="ID4a51e6c4c1e548dc93935d17023af8ec"><enum>(i)</enum><text>optimizing
combustion,</text>
</clause><clause id="ID989a1446e3b542a2b22d778e30676a2d"><enum>(ii)</enum><text>optimizing
sootblowing and heat transfer,</text>
</clause><clause id="IDf1a5228e9b2d401c86543a8332bf2f2e"><enum>(iii)</enum><text>upgrading steam
temperature control capabilities,</text>
</clause><clause id="IDb113fa6044eb426b88be7f8404a5b936"><enum>(iv)</enum><text>reducing exit
gas temperatures (air heater modifications),</text>
</clause><clause id="IDbaa154fddb1944c1ab6ba24721f7b467"><enum>(v)</enum><text>predrying low
rank coals using power plant waste heat,</text>
</clause><clause id="ID777e22a35b1649bfba479004b718bc34"><enum>(vi)</enum><text>modifying steam
turbines or change the steam path/blading,</text>
</clause><clause id="IDf83f1f9f6fec45dbbac467fecf385d79"><enum>(vii)</enum><text>replacing
single speed motors with variable speed drives for fans and pumps,</text>
</clause><clause id="IDfac03b1c4fa8473093a1c7af736aac1a"><enum>(viii)</enum><text>improving
operational controls, including neural networks, or</text>
</clause><clause id="ID39df6185b93643f7aa3e939e0b8356a2"><enum>(ix)</enum><text>any other means
approved by the Secretary, in consultation with the Secretary of Health and
Human
Services.</text>
</clause></subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID4c2aa9362a3e45b6a35d450a340b6d7a"><enum>(b)</enum><header>Deduction not
adjusted for purposes of determining alternative minimum
tax</header><text>Paragraph (5) of section 56(a) of the Internal Revenue Code
of 1986 is amended by adding at the end the following new sentence: <quote>The
preceding sentences of this paragraph shall not apply to any pollution control
facility described in section 169(d)(6).</quote>.</text>
</subsection><subsection id="IDf2576c495be349af8f1d63c90205e3fa"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to property
placed in service after December 31, 2007.</text>
</subsection></section><section id="ID434143c03515454f8f8a412d9150da4b"><enum>643.</enum><header>Extension and
modification of production credit for closed-loop biomass</header>
<subsection id="ID7a15cb4b1ab049efbcbc55abcb4bd3bd"><enum>(a)</enum><header>In
general</header><text>Clause (ii) of section 45(d)(2)(A) of the Internal
Revenue Code of 1986 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="idA260AE635BE540E6A04B52CBF8C0CE5F" style="OLC">
<clause id="ID3917067637264cca98da8fd643aadb3a"><enum>(iii)</enum><text>owned by the
taxpayer which after before January 1, 2014 is originally placed in service and
modified, or is originally placed in service as a facility, to use closed-loop
biomass to co-fire (or, in the case of an integrated gasification combined
cycle facility, to co-process) with coal, with other biomass, or with
both.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDf494c573ef12404eb1506dad9ce41176"><enum>(b)</enum><header>Effective
date</header><text>The amendment made by this section shall apply to
electricity produced and sold after the date of the enactment of this
Act.</text>
</subsection></section><section id="ID243dc929196a41489ea573744fd755e7"><enum>644.</enum><header>Qualifying new
clean coal power plant credit</header>
<subsection id="ID0e93ac55c05a4af48752047750d67f32"><enum>(a)</enum><header>In
general</header><text>Subpart E of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986, as amended by this Act, is amended by inserting
after section 48C the following new section:</text>
<quoted-block display-inline="no-display-inline" id="idF96DE63C59124E0B88324AB850BEDA0B" style="OLC">
<section id="IDb1b817c4ce674d9084c22c231f6e2b3a"><enum>48D.</enum><header>Qualifying new
clean coal power plant credit</header>
<subsection id="ID558e23437775416fabfe45cdb661eff4"><enum>(a)</enum><header>Allowance of
credit</header>
<paragraph id="ID301f1e6a5b284a9695e6930ec3ae57c0"><enum>(1)</enum><header>In
general</header><text>For purposes of section 46, the qualifying new clean coal
power plant credit for any taxable year is an amount equal to the applicable
percentage of the qualified investment for such taxable year.</text>
</paragraph><paragraph id="id5CB43857D8DA467B99E1DF5C1AABC305"><enum>(2)</enum><header>Applicable
percentage</header><text>For purposes of paragraph (1), the applicable
percentage shall be determined as follows:</text>
<table align-to-level="section" blank-lines-before="1" colsep="1" frame="topbot" line-rules="hor-ver" rowsep="0" rule-weights="4.4.4.0.0.0" table-template-name="Generic: 3 text, 1 num" table-type="">
<tgroup cols="4" grid-typeface="1.1" rowsep="0" thead-tbody-ldg-size="10.10.12"><colspec coldef="txt" colname="column1" colwidth="116pts" min-data-value="75"></colspec><colspec coldef="txt" colname="column2" colwidth="15pts" min-data-value="10"></colspec><colspec coldef="txt" colname="column3" colwidth="116pts" min-data-value="75"></colspec><colspec coldef="fig" colname="column4" colwidth="117.75pt" min-data-value="10" rowsep="0"></colspec>
<thead>
<row><entry colname="column1" nameend="column3" namest="column1">In
the case of a plant which either has—</entry><entry colname="column4" morerows="1"> The applicable percentage is:</entry>
</row>
<row><entry align="center" colname="column1" morerows="0" namest="column1" rowsep="1">a design net heat rate below—</entry><entry align="center" colname="column2" morerows="0" namest="column2" rowsep="1">or</entry><entry align="center" colname="column3" morerows="0" namest="column3" rowsep="1">a carbon dioxide emission rate of—</entry>
</row>
</thead>
<tbody>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1"> 7,580 Btu/kWh (45% efficiency)</entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,577
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">30 percent</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">7,760 Btu/kWh (44% efficiency)</entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,613
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">28 percent</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">7,940 Btu/kWh (43% efficiency)</entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,650
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">26 percent</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">8,120 Btu/kWh (42% efficiency)</entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,690
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">20 percent</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">8,322 Btu/kWh (41% efficiency) </entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,731
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">10 percent</entry>
</row>
<row><entry align="left" colname="column1" leader-modify="force-ldr" rowsep="0" stub-definition="txt-ldr" stub-hierarchy="1">8,530 Btu/kWh (40% efficiency)</entry><entry align="left" colname="column2" leader-modify="force-ldr" rowsep="0"></entry><entry align="left" colname="column3" leader-modify="force-ldr" rowsep="0">1,774
lbs/MWh or less</entry><entry align="right" colname="column4" leader-modify="force-ldr" rowsep="0">10 percent</entry>
</row>
</tbody>
</tgroup>
</table>
</paragraph></subsection><subsection id="ID3a22c1fe1770416c814acb4bfa9855eb"><enum>(b)</enum><header>Qualified
investment</header>
<paragraph id="IDcd91bd313fa742098556557ad60bf744"><enum>(1)</enum><header>In
general</header><text>For purposes of subsection (a), the qualified investment
for any taxable year is the basis of eligible property placed in service by the
taxpayer during such taxable year which is part of a qualifying new clean coal
power plant—</text>
<subparagraph id="ID8f0e81b2bfaa475298b3d5fe9565849d"><enum>(A)</enum><clause commented="no" display-inline="yes-display-inline" id="id86DAC08D9C1246F2B3BAECD431C82E6E"><enum>(i)</enum><text>the construction,
reconstruction, or erection of which is completed by the taxpayer, or</text>
</clause><clause id="idDEF42D924C714824AF53F1788223E897" indent="up1"><enum>(ii)</enum><text>which is acquired by the taxpayer
if the original use of such property commences with the taxpayer, and</text>
</clause></subparagraph><subparagraph id="ID00e3e69a0ca1465a9ece42f1bb5ea57c"><enum>(B)</enum><text>with respect to
which depreciation (or amortization in lieu of depreciation) is
allowable.</text>
</subparagraph></paragraph><paragraph id="ID588d1046ece54acd9f4482093d9f7b83"><enum>(2)</enum><header>Special rule
for certain subsidized property</header><text>Rules similar to section 48(a)(4)
shall apply for purposes of this section.</text>
</paragraph><paragraph id="ID5ccf8b23afef4981900d90356cee41c0"><enum>(3)</enum><header>Certain
qualified progress expenditures rules made applicable</header><text>Rules
similar to the rules of subsections (c)(4) and (d) of section 46 (as in effect
on the day before the enactment of the Revenue Reconciliation Act of 1990)
shall apply for purposes of this section.</text>
</paragraph></subsection><subsection id="ID0bfc03c5123c46a8a8667dde88ec6836"><enum>(c)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="IDfa2ccf1571d44966916cd4793505bf96"><enum>(1)</enum><header>Eligible
property</header><text>The term <term>eligible property</term> means any
property which is a part of a qualifying new clean coal power plant.</text>
</paragraph><paragraph id="id747BA18B015D4A9E8AD1A4B323475359"><enum>(2)</enum><header>Qualifying new
clean coal power plant</header><text>The term <term>qualifying new clean coal
power plant</term> means a facility which—</text>
<subparagraph id="ID490cef071be5482f9a25dfd5637656ed"><enum>(A)</enum><text>which meets the
requirements of section 48A(e),</text>
</subparagraph><subparagraph id="ID0a5fb87e82344bcdbe0ac90dd23af5c5"><enum>(B)</enum><text>which
either—</text>
<clause id="ID7e9988653eba43308a675af6d4ff3868"><enum>(i)</enum><text>has a design net
heat rate of below 8,530 Btu/kWh, or</text>
</clause><clause id="IDe1b1ee2cf612423a9b8375302162e71e"><enum>(ii)</enum><text>has a carbon
dioxide emission rate of 1,774 lbs/MWh or less, and</text>
</clause></subparagraph><subparagraph id="ID9eaef650cad64c1c9ca20a015dc0626d"><enum>(C)</enum><text>which—</text>
<clause id="ID8687a680096b4405bfdc3a2d8aa93c60"><enum>(i)</enum><text>is designed to
capture carbon dioxide emissions, or</text>
</clause><clause id="ID7625dc9db39a46afa8f979fa6e6239ad"><enum>(ii)</enum><subclause commented="no" display-inline="yes-display-inline" id="id1B3369DD88964C3193C470A68316F12B"><enum>(I)</enum><text>is designed to include
a built-in space for future carbon dioxide capture hardware (and improved
foundations and ironwork necessary to accommodate the additional
hardware),</text>
</subclause><subclause id="id587908E805144EBEBC5F4E9AE16E3D97" indent="up1"><enum>(II)</enum><text>includes an engineering feasibility
study identifying a system, including associated cost and performance
parameters, to retrofit carbon capture equipment, and</text>
</subclause><subclause id="id472FFEB14E374A85BC943F0A6F413B31" indent="up1"><enum>(III)</enum><text>includes a site or sited identified
where carbon dioxide may be stored or used for commercial purposes.</text>
</subclause></clause></subparagraph></paragraph></subsection><subsection id="IDce89968884284e39a3aeda236ed30082"><enum>(d)</enum><header>Qualifying new
clean coal power plant program</header>
<paragraph id="ID500003ed07ed403fbc3920683b84aacd"><enum>(1)</enum><header>Establishment</header><text>Not
later than 180 days after the date of enactment of this section, the Secretary,
in consultation with the Secretary of Energy, shall establish a qualifying new
clean coal power plant program, under which the Secretary shall certify
projects eligible for the credit under subsection (a).</text>
</paragraph><paragraph id="IDc1c04492acdd4ac8bc0ee31c46770df9"><enum>(2)</enum><header>Application</header><text>An
application under for certification under this section shall contain such
information as the Secretary may require in order to make a determination to
accept or reject an application for certification as meeting the requirements
of this section. Any information contained in the application shall be
protected as provided in section 552(b)(4) of title 5, United States
Code.</text>
</paragraph><paragraph id="ID18a32e2a75f3427ab9621b9dcae91a29"><enum>(3)</enum><header>Aggregate
credits</header><text>The aggregate or projects certified by the Secretary
under this subsection shall not exceed an aggregate capacity for electricity
generation of more than 6,000 megawatts.</text>
</paragraph></subsection><subsection id="ID05661dc071f341bfa6b64fcebb080d4e"><enum>(e)</enum><header>Recapture of
credit</header><text>The Secretary shall provide for recapturing the benefit of
any credit allowable under subsection (a) with respect to any project which
fails to attain or maintain any of the requirements of this
section.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID1f78b5b88f114e9b958cc0619e1fcf8e"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="ID073cca2df976489fa53d218e00fef646"><enum>(1)</enum><text>Section 46 of the
Internal Revenue Code of 1986, as amended by this Act, is amended by striking
<quote>and</quote> at the end of paragraph (4), by striking the period at the
end of paragraph (5) and inserting <quote>, and</quote>, and by adding at the
end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id4EA6226D6321424298E0E2025411B9C2" style="OLC">
<paragraph id="ID30b3e8894fe648029f70369102470d46"><enum>(6)</enum><text>the qualifying
new clean coal power plant
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID887b2c042a87452c80f609b7a5a80be0"><enum>(2)</enum><text>Section
49(a)(1)(C) of such Code, as amended by this Act, is amended by striking
<quote>and</quote> at the end of clause (iv), by striking the period at the end
of clause (v) and inserting <quote>, and</quote>, and by adding at the end the
following new clause:</text>
<quoted-block display-inline="no-display-inline" id="id69B1FF3D401B4B55B4AF7B1E5D4E94AA" style="OLC">
<clause id="IDee28445a9228426c86fba9b7fdc7a8a0"><enum>(vi)</enum><text>the basis of any
property which is part of a qualifying new clean coal power plant under section
48D.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="IDb0acefc7ce01486caa29c6d31f3aed6d"><enum>(3)</enum><text>The table of
sections for subpart E of part IV of subchapter A of chapter 1 of such Code, as
amended by this Act, is amended by inserting after the item relating to section
48C the following new item:</text>
<quoted-block display-inline="no-display-inline" id="idAECC8AEDD5344BB79B742EEEC5704C42" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 48D. Qualifying new clean
coal power plant
credit.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDcf8ab7f707f44f67a43efc546a1d27f4"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to periods
after the date of the enactment of this Act, under rules similar to the rules
of section 48(m) of the Internal Revenue Code of 1986 (as in effect before the
date of the enactment of the Revenue Reconciliation Act of 1990).</text>
</subsection></section><section id="ID45b54d8b1e78425090207fe2a2b824c6"><enum>645.</enum><header>Investment
credit for equipment used to capture, transport, and store carbon
dioxide</header>
<subsection id="IDb6350ca4e4334b5089dd4316c4e3ae4b"><enum>(a)</enum><header>In
general</header><text>Subpart E of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986, as amended by this Act, is amended by inserting
after section 48D the following new section:</text>
<quoted-block display-inline="no-display-inline" id="id6B04EAC925CC48DC867ABF580F14438C" style="OLC">
<section id="IDdd56f69763a046f28e871d0e194b18a7"><enum>48E.</enum><header>Equipment used
to capture, transport, and store carbon dioxide emissions</header>
<subsection id="IDd846e322cf3a4110b07994bd81c86dc4"><enum>(a)</enum><header>General
rule</header><text>For purposes of section 46, the qualifying carbon dioxide
equipment credit for any taxable year is an amount equal to 30 percent of the
qualified investment for such taxable year.</text>
</subsection><subsection id="ID7236a9cfe1f2457e9cbbf25257d86c8b"><enum>(b)</enum><header>Qualified
investment</header><text>For purposes of subsection (a), the qualified
investment for any taxable year is the basis of eligible property placed in
service by the taxpayer during such taxable year.</text>
</subsection><subsection id="ID3f0d4c881be0451597d22a0e30d8ebcd"><enum>(c)</enum><header>Definitions</header><text>For
purposes of this section—</text>
<paragraph id="ID428315ed98bf4c4db52c8caace632290"><enum>(1)</enum><header>Eligible
property</header><text>The term <term>eligible property</term> means equipment
installed on a qualified coal-fired electric power generating unit to capture,
transport, and store carbon dioxide produced at such generating unit, including
equipment to separate and pressurize carbon dioxide for transport (including
hardware to operate such equipment) and equipment to transport, inject, and
monitor such carbon dioxide, as further specified and identified, by rule, by
the Secretary.</text>
</paragraph><paragraph id="ID45a5963702394065b86e23e7e518c67d"><enum>(2)</enum><header>Qualified
coal-fired electric generation unit</header><text>The term <term>qualified
coal-fired electric generation unit</term> means a unit which, after
installation of eligible property, is designed to capture and store in a
geologic formation not less than 500,000 metric tons of carbon dioxide per
year.</text>
</paragraph></subsection><subsection id="IDac883dd5261a494897714996c51d5532"><enum>(d)</enum><header>Aggregate
credits</header><text>The credits allowed under subsection (a) shall apply only
to the first 9,000 megawatts of capacity of qualified coal-fired electric power
generating units certified by the Secretary under subsection (e).</text>
</subsection><subsection id="IDecbd7f4a05614da085be503b14267ab5"><enum>(e)</enum><header>Certification</header>
<paragraph id="IDfa3c3504688443ad85c4393257275c41"><enum>(1)</enum><header>Certification
process</header><text>The Secretary shall establish a certification process to
determine the extent to which eligible property has been installed on a
qualified coal-fired electric power generating unit, and to make such other
determinations as the Secretary deems appropriate. The Secretary shall prepare
an application for certification.</text>
</paragraph><paragraph id="IDc6b63636405644449a906517e859ee82"><enum>(2)</enum><header>Requirements
for applications for certification</header><text>An application for
certification shall contain such information as the Secretary may require in
order to establish credit entitlement. Any information contained in an
application shall be protected as provided in section 552(b)(4) of title 5,
United States
Code.</text>
</paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID18a74688e2b547388b90f5bfbac4bfb5"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="ID78815f24fed443169ad98bc2cf18cc61"><enum>(1)</enum><text>Section 46 of the
Internal Revenue Code of 1986, as amended by this Act, is amended by striking
<quote>and</quote> at the end of paragraph (5), by striking the period at the
end of paragraph (6) and inserting <quote>, and</quote>, and by adding at the
end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id3EB8CCD7D87A4E9DA3FF8BC67599A570" style="OLC">
<paragraph id="IDa49801b589794abbbd072398bef9115d"><enum>(7)</enum><text>the qualifying
carbon dioxide equipment
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="IDab354d5c1439444e868b289b8c59df94"><enum>(2)</enum><text>Section
49(a)(1)(C) of such Code, as amended by this Act, is amended by striking
<quote>and</quote> at the end of clause (v), by striking the period at the end
of clause (vi) and inserting <quote>, and</quote>, and by adding at the end the
following new clause:</text>
<quoted-block display-inline="no-display-inline" id="id08B56E6CDCED45E48F084DC82FA75E8C" style="OLC">
<clause id="IDee851f7261f7453da1663ffc4c467abd"><enum>(vii)</enum><text>the basis of
any eligible property under section
48E.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID036f90bb63f84115a779c6f816760794"><enum>(3)</enum><text>The table of
sections for subpart E of part IV of subchapter A of chapter 1 of such Code, as
amended by this Act is amended by inserting after the item relating to section
48D the following new section:</text>
<quoted-block display-inline="no-display-inline" id="idA3113B85E0174A0EAB1E31820E4526DB" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 48E. Equipment used to
capture, transport, and store carbon dioxide
emissions.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="ID9ef8863b0e93484aaa3ad42a4d141f0e"><enum>(c)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to periods
after the date of the enactment of this Act, under rules similar to the rules
of section 48(m) of the Internal Revenue Code of 1986 (as in effect before the
date of the enactment of the Revenue Reconciliation Act of 1990).</text>
</subsection></section><section id="ID448b7d43fe114487979f9320d32bf7d5"><enum>646.</enum><header>Tax credit for
carbon dioxide sequestration in the generation of electricity</header>
<subsection id="ID054d5a053ab1460c883487a8afc13e36"><enum>(a)</enum><header>In
general</header><text>Subpart D of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 (relating to business credits) is amended by
adding at the end the following new section:</text>
<quoted-block display-inline="no-display-inline" id="idFB0D4006734F4E879E799B4ACAD2D28F" style="OLC">
<section id="ID15426401e7094027ba2152565a29f9ec"><enum>45Q.</enum><header>Credit
sequestering carbon dioxide in the generation of electricity</header>
<subsection id="ID33450fc78b5640e3abdee6dc3e7fc11c"><enum>(a)</enum><header>General
rule</header><text>For purposes of section 38, the carbon dioxide sequestration
credit for any taxable year is an amount equal to the sum of—</text>
<paragraph id="IDff2628da5f4e4e168c0dec406dd2fdd5"><enum>(1)</enum><text>$30 per metric
ton of qualified carbon dioxide which is—</text>
<subparagraph id="IDfe782d6e240b44379ac8f39027d960fe"><enum>(A)</enum><text>captured by the
taxpayer at a qualified facility during the credit period, and</text>
</subparagraph><subparagraph id="IDfa5dd2c9aebb4fd0a5768ab8ffa5d3f5"><enum>(B)</enum><text>disposed of by
the taxpayer in secure geological storage, and</text>
</subparagraph></paragraph><paragraph id="ID1377b1b016dd49da93fc07d9eb27a4d6"><enum>(2)</enum><text>$10 per metric
ton of qualified carbon dioxide which is—</text>
<subparagraph id="IDc9c1e0b77cb849f2ae5e909c0b033440"><enum>(A)</enum><text>captured by the
taxpayer at a qualified facility during the credit period, and</text>
</subparagraph><subparagraph id="ID30bd667f926a427dbe0b6101178c7b28"><enum>(B)</enum><text>used by the
taxpayer as a tertiary injectant in a qualified enhanced oil or natural gas
recovery project.</text>
</subparagraph></paragraph></subsection><subsection id="ID620b2d2bd58646309089c38363bd8856"><enum>(b)</enum><header>Qualified
facility</header><text>For purposes of this section—</text>
<paragraph id="ID31623e96387c44a89d576b9675ca1934"><enum>(1)</enum><header>In
general</header><text>The term <term>qualified facility</term> means any
industrial facility—</text>
<subparagraph id="IDde8901f46d274b7b8d758e43e1236aae"><enum>(A)</enum><text>which is owned by
the taxpayer;</text>
</subparagraph><subparagraph id="ID8a64f25c214144ce81271efbcaf90076"><enum>(B)</enum><text>at which carbon
capture equipment is placed in service;</text>
</subparagraph><subparagraph id="IDa8bd64741a5c4648bfec62f3f9c0076d"><enum>(C)</enum><text>which captures
not less than 500,000 metric tons of carbon dioxide during the taxable year;
and</text>
</subparagraph><subparagraph id="ID81a11217f86f46fa8838b14d7dd6e89c"><enum>(D)</enum><text>which is
certified by the Secretary under paragraph (2).</text>
</subparagraph></paragraph><paragraph id="ID7fc8361388294065af529907d3c35927"><enum>(2)</enum><header>Certification</header>
<subparagraph id="ID315ae08aba5b4e098e9654b60e270e64"><enum>(A)</enum><header>In
general</header><text>The Secretary, in consultation with the Secretary of
Energy, shall establish a program under which facilities which use coal for the
generation of electricity are certified for purposes of this section.</text>
</subparagraph><subparagraph id="ID57d8be5a4a074e1590fc1b0916c942d3"><enum>(B)</enum><header>Limitation</header><text>The
total aggregate generating capacity of all facilities certified by the
Secretary under this paragraph shall not exceed 9,000 megawatts.</text>
</subparagraph></paragraph></subsection><subsection id="IDff06ae42bd8d42ce862e2c22a123e8b0"><enum>(c)</enum><header>Qualified
carbon dioxide</header><text>For purposes of this section—</text>
<paragraph id="IDe43da24fc510465e969fb5f308b7b694"><enum>(1)</enum><header>In
general</header><text>The term <term>qualified carbon dioxide</term> means
carbon dioxide captured from an industrial source which—</text>
<subparagraph id="ID92564e203c9141818b4d1d7bd763c221"><enum>(A)</enum><text>would otherwise
be released into the atmosphere as industrial emissions of greenhouse gas,
and</text>
</subparagraph><subparagraph id="ID0dd6cea30d9241059babb587fbaf4172"><enum>(B)</enum><text>is measured at
the source of capture and verified at the point of disposal or
injection.</text>
</subparagraph></paragraph><paragraph id="ID6ea5e0ecd3f34e0eb8fc42840cb3f4ff"><enum>(2)</enum><header>Recycled carbon
dioxide</header><text>The term <term>qualified carbon dioxide</term> includes
the initial deposit of captured carbon dioxide used as a tertiary injectant.
Such term does not include carbon dioxide that is recaptured, recycled, and
reinjected as part of the enhanced oil and natural gas recovery process.</text>
</paragraph></subsection><subsection id="ID8d9aac7d79e649778f2656500491f59b"><enum>(d)</enum><header>Special rules
and definitions</header><text>For purposes of this section—</text>
<paragraph id="IDde0ab4ca2fd44a128aac49948d6311be"><enum>(1)</enum><header>Credit
period</header><text>The term <term>credit period</term> means, with respect to
any qualified facility, the 10-year period beginning on the date on which
qualified carbon dioxide for which a credit was allowed under subsection (a)
was first captured.</text>
</paragraph><paragraph id="ID757c12f97eb0450589cb0319e0dcf9f4"><enum>(2)</enum><header>Only carbon
dioxide captured within the United States taken into account</header><text>The
credit under this section shall apply only with respect to qualified carbon
dioxide the capture of which is within—</text>
<subparagraph id="IDc6ebe6f3fde04102baf2e15dc35230bc"><enum>(A)</enum><text>the United States
(within the meaning of section 638(1)); or</text>
</subparagraph><subparagraph id="IDe1cb2705e6934b61983a0208abc0726b"><enum>(B)</enum><text>a possession of
the United States (within the meaning of section 638(2)).</text>
</subparagraph></paragraph><paragraph id="ID0845bb32bc30483d9f6aca6cb8120738"><enum>(3)</enum><header>Secure
geological storage</header><text>The Secretary, in consultation with the
Administrator of the Environmental Protection Agency, shall establish
regulations for determining adequate security measures for the geological
storage of carbon dioxide under subsection (a)(1)(B) such that the carbon
dioxide does not escape into the atmosphere. Such term shall include storage at
deep saline formations and unminable coal seems under such conditions as the
Secretary may determine under such regulations.</text>
</paragraph><paragraph id="ID91397fc42bc54efa8ee5df1b562a068f"><enum>(4)</enum><header>Tertiary
injectant</header><text>The term <term>tertiary injectant</term> has the same
meaning as when used within section 193(b)(1).</text>
</paragraph><paragraph id="ID38cc72474cc04e15beca6e8068ad6133"><enum>(5)</enum><header>Qualified
enhanced oil or natural gas recovery project</header><text>The term
<term>qualified enhanced oil or natural gas recovery project</term> has the
meaning given the term <term>qualified enhanced oil recovery project</term> by
section 43(c)(2), by substituting <quote>crude oil or natural gas</quote> for
<quote>crude oil</quote> in subparagraph (A)(i) thereof.</text>
</paragraph><paragraph id="ID539b41f2bcd740cd9667423456110d56"><enum>(6)</enum><header>Credit
attributable to taxpayer</header><text>Any credit under this section shall be
attributable to the person that captures and physically or contractually
ensures the disposal of or the use as a tertiary injectant of the qualified
carbon dioxide, except to the extent provided in regulations prescribed by the
Secretary.</text>
</paragraph><paragraph id="ID841f85705a0847b398f445155f3b14e6"><enum>(7)</enum><header>Recapture</header><text>The
Secretary shall, by regulations, provide for recapturing the benefit of any
credit allowable under subsection (a) with respect to any qualified carbon
dioxide which ceases to be captured, disposed of, or used as a tertiary
injectant in a manner consistent with the requirements of this section.</text>
</paragraph><paragraph id="ID3a09b96a91d044c08cfb9feaea6a62fc"><enum>(8)</enum><header>Inflation
adjustment</header><text>In the case of any taxable year beginning in a
calendar year after 2008, there shall be substituted for each dollar amount
contained in subsection (a) an amount equal to the product of—</text>
<subparagraph id="ID61244fee071948f6a4d10bb0c0ac229d"><enum>(A)</enum><text>such dollar
amount; multiplied by</text>
</subparagraph><subparagraph id="ID7c78a8fc5b1c4b0aa018c7eee62db43e"><enum>(B)</enum><text>the inflation
adjustment factor for such calendar year determined under section 43(b)(3)(B)
for such calendar year, determined by substituting <quote>2007</quote> for
<quote>1990</quote>.</text>
</subparagraph></paragraph></subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID652d0ff180b64cc9b46bf47511bebc4d"><enum>(b)</enum><header>Conforming
amendment</header><text>Section 38(b) of the Internal Revenue Code of 1986
(relating to general business credit), as amended by this Act, is amended by
striking <quote>plus</quote> at the end of paragraph (33), by striking the
period at the end of paragraph (34) and inserting <quote>, plus</quote>, and by
adding at the end of following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idF79437D9977941A691C5CA272EAC8DC4" style="OLC">
<paragraph id="IDec61d749522d495ba89d8381d6525d1a"><enum>(35)</enum><text>the carbon
dioxide sequestration credit determined under section
45Q(a).</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID4c32ddc6dd3240e983b6150e8c760c1b"><enum>(c)</enum><header>Clerical
amendment</header><text>The table of sections for subpart B of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986 (relating to
other credits) is amended by adding at the end the following new
section:</text>
<quoted-block display-inline="no-display-inline" id="idA73D1759DA144C24993B1ECF49CBD610" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 45Q. Credit for
sequestering carbon dioxide in the generation of
electricity.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID8c3942e93d954e88922c715b32a36903"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply carbon
dioxide captured after the date of the enactment of this Act.</text>
</subsection></section><section id="ID037d743abd2e451ebcb44d64888ba86b"><enum>647.</enum><header>Clean energy
coal bonds</header>
<subsection id="IDbeb5b9a7dfb749f4886d7752b9b4ac27"><enum>(a)</enum><header>In
general</header><text>Subpart I of part IV of subchapter A of chapter 1 of the
Internal Revenue Code of 1986 (relating to qualified tax credit bonds) is
amended by adding at the end the following new section:</text>
<quoted-block display-inline="no-display-inline" id="idCDDF1C87A2B24262B0319F38D53C27F6" style="OLC">
<section id="IDca6b07ece7f641fd97f6f431a90bada1"><enum>54C.</enum><header>Clean energy
coal bonds</header>
<subsection id="IDc9939cbc037f4fd485adcc9a5382cdc6"><enum>(a)</enum><header>Clean energy
coal bond</header><text>For purposes of this subchapter—</text>
<paragraph id="ID769a332acc4a4bd0bb9fbbd0661461f8"><enum>(1)</enum><header>In
general</header><text>The term <term>clean energy coal bond</term> means any
bond issued as part of an issue if—</text>
<subparagraph id="ID4f8fea70311345cbba1989def8d16cc5"><enum>(A)</enum><text>the bond is
issued by a qualified issuer pursuant to an allocation by the Secretary to such
issuer of a portion of the national clean energy coal bond limitation under
subsection (b)(2);</text>
</subparagraph><subparagraph id="ID41ab4a02ff7d4b1ebb146f8982e4c469"><enum>(B)</enum><text>100 percent of
the available project proceeds from the sale of such issue are to be used for
capital expenditures incurred by qualified borrowers for 1 or more qualified
projects;</text>
</subparagraph><subparagraph id="ID6356673a12cf44379ef39c972a63cc76"><enum>(C)</enum><text>the qualified
issuer designates such bond for purposes of this section and the bond is in
registered form; and</text>
</subparagraph><subparagraph id="IDff6c3090713f4815b81f006b7ef8af33"><enum>(D)</enum><text>in lieu of the
requirements of section 54A(d)(2), the issue meets the requirements of
subsection (c).</text>
</subparagraph></paragraph><paragraph id="IDfd83ac97cadf4c758f69872c98a0d56d"><enum>(2)</enum><header>Qualified
project; special use rules</header>
<subparagraph id="IDa46d719baec2450080937f1594fecdda"><enum>(A)</enum><header>In
general</header><text>The term <term>qualified project</term> means a qualified
clean coal project (as defined in subsection (f)(1)) placed in service by a
qualified borrower.</text>
</subparagraph><subparagraph id="IDc3e15c17fc124b08bb1d93a927df6bff"><enum>(B)</enum><header>Refinancing
rules</header><text>For purposes of paragraph (1)(B), a qualified project may
be refinanced with proceeds of a clean energy coal bond only if the
indebtedness being refinanced (including any obligation directly or indirectly
refinanced by such indebtedness) was originally incurred by a qualified
borrower after the date of the enactment of this section.</text>
</subparagraph><subparagraph id="IDab1f1a2b65264212a547dfb3ace03b22"><enum>(C)</enum><header>Reimbursement</header><text>For
purposes of paragraph (1)(B), a clean energy coal bond may be issued to
reimburse a qualified borrower for amounts paid after the date of the enactment
of this section with respect to a qualified project, but only if—</text>
<clause id="ID1b9889f7791e46f58d5886939f3e4459"><enum>(i)</enum><text>prior to the
payment of the original expenditure, the qualified borrower declared its intent
to reimburse such expenditure with the proceeds of a clean energy coal
bond;</text>
</clause><clause id="ID56031eb056934431a72238dce589c2b5"><enum>(ii)</enum><text>not later than
60 days after payment of the original expenditure, the qualified issuer adopts
an official intent to reimburse the original expenditure with such proceeds;
and</text>
</clause><clause id="IDb05cc56a84b54100b72ac334bae7b10b"><enum>(iii)</enum><text>reimbursement
is not made later than 18 months after the date the original expenditure is
paid or the date the project is placed in service or abandoned, but in no event
more than 3 years after the original expenditure is paid.</text>
</clause></subparagraph><subparagraph id="ID1a50e2b2f43a453db85adab4768b3b27"><enum>(D)</enum><header>Treatment of
changes in use</header><text>For purposes of paragraph (1)(B), the proceeds of
an issue shall not be treated as used for a qualified project to the extent
that a qualified borrower takes any action within its control which causes such
proceeds not to be used for a qualified project. The Secretary shall prescribe
regulations specifying remedial actions that may be taken (including conditions
to taking such remedial actions) to prevent an action described in the
preceding sentence from causing a bond to fail to be a clean energy coal
bond.</text>
</subparagraph></paragraph></subsection><subsection id="IDf3565320d90e443a90296e1dd34f8490"><enum>(b)</enum><header>Limitation on
amount of bonds designated</header>
<paragraph id="IDf510599eb7ec4f519ab483b65f72ae11"><enum>(1)</enum><header>National
limitation</header><text>There is a national clean energy coal bond limitation
of $5,000,000,000.</text>
</paragraph><paragraph id="ID236ab4cea3774aa6894bbdb27fcd2516"><enum>(2)</enum><header>Allocation by
Secretary</header><text>The Secretary shall allocate the amount described in
paragraph (1) among qualified projects in such manner as the Secretary
determines appropriate.</text>
</paragraph></subsection><subsection id="IDc972ba2eee03482aadbcae6e1d0918f8"><enum>(c)</enum><header>Special rules
relating to expenditures</header>
<paragraph id="IDd22decda9be14f6b94d482ad468b2c5f"><enum>(1)</enum><header>In
general</header><text>An issue shall be treated as meeting the requirements of
this subsection if, as of the date of issuance. the qualified issuer reasonably
expects—</text>
<subparagraph id="IDfce8a40aff9e46ce839175f96398a913"><enum>(A)</enum><text>100 percent or
more of the available project proceeds from the sale of the issue are to be
spent for 1 or more qualified projects within the 5-year period beginning on
the date of issuance of the clean energy bond;</text>
</subparagraph><subparagraph id="ID7c87b82653a343a683b4b54a98e851fe"><enum>(B)</enum><text>a binding
commitment with a third party to spend at least 10 percent of such available
project proceeds from the sale of the issue will be incurred within the 6-month
period beginning on the date of issuance of the clean energy bond or, in the
case of a clean energy bond the available project proceeds of which are to be
loaned to 2 or more qualified borrowers, such binding commitment will be
incurred within the 6-month period beginning on the date of the loan of such
proceeds to a qualified borrower; and</text>
</subparagraph><subparagraph id="ID7edd93dfaefd4a2e86e7e75b9ca730c2"><enum>(C)</enum><text>such projects
will be completed with due diligence and the available project proceeds from
the sale of the issue will be spent with due diligence.</text>
</subparagraph></paragraph><paragraph id="IDdcc8cafcb97c4aa99f200c8476e7f01a"><enum>(2)</enum><header>Extension of
period</header><text>Upon submission of a request prior to the expiration of
the period described in paragraph (1)(A), the Secretary may extend such period
if the qualified issuer establishes that the failure to satisfy the 5-year
requirement is due to reasonable cause and the related projects will continue
to proceed with due diligence.</text>
</paragraph><paragraph id="ID69902cc5ee2a4090b1fb3e42f4bafa9b"><enum>(3)</enum><header>Failure to
spend required amount of bond proceeds within 5 years</header><text>To the
extent that less than 100 percent of the available project proceeds of such
issue are expended by the close of the 5-year period beginning on the date of
issuance (or if an extension has been obtained under paragraph (2), by the
close of the extended period), the qualified issuer shall redeem all of the
nonqualified bonds within 90 days after the end of such period. For purposes of
this paragraph, the amount of the nonqualified bonds required to be redeemed
shall be determined in the same manner as under section 142.</text>
</paragraph></subsection><subsection id="ID7905b80f53394412961e784849833a0c"><enum>(d)</enum><header>Cooperative
electric company; qualified energy tax credit bond lender; governmental body;
qualified borrower</header><text>For purposes of this section—</text>
<paragraph id="IDbf0ff7b39bd3407394653741007a8e9a"><enum>(1)</enum><header>Cooperative
electric company</header><text>The term <term>cooperative electric
company</term> means a mutual or cooperative electric company described in
section 501(c)(12) or section 1381(a)(2)(C), or a not-for-profit electric
utility which has received a loan or loan guarantee under the Rural
Electrification Act.</text>
</paragraph><paragraph id="IDe7b82321b27b47eb8ce102457795d017"><enum>(2)</enum><header>Clean energy
bond lender</header><text>The term <term>clean energy bond lender</term> means
a lender which is a cooperative which is owned by, or has outstanding loans to,
100 or more cooperative electric companies and is in existence on February 1,
2002, and shall include any affiliated entity which is controlled by such
lender.</text>
</paragraph><paragraph id="IDcfde6d66a68d4ff69a8e90bf17f4abed"><enum>(3)</enum><header>Public power
entity</header><text>The term <term>public power entity</term> means a State
utility with a service obligation, as such terms are defined in section 217 of
the Federal Power Act (as in effect on the date of enactment of this
paragraph).</text>
</paragraph><paragraph id="ID6ddcd14efd4e48eab23424c92f93bead"><enum>(4)</enum><header>Qualified
issuer</header><text>The term <term>qualified issuer</term> means—</text>
<subparagraph id="ID7234ad4603f4450d955ea7e581d97478"><enum>(A)</enum><text>a clean energy
bond lender;</text>
</subparagraph><subparagraph id="ID2699038c76874eec943ee10590891578"><enum>(B)</enum><text>a cooperative
electric company; or</text>
</subparagraph><subparagraph id="ID1894482dc2354f4bbc5d8076a3e4dff0"><enum>(C)</enum><text>a public power
entity.</text>
</subparagraph></paragraph><paragraph id="IDf0dc50275e834b9394069c3e29292357"><enum>(5)</enum><header>Qualified
borrower</header><text>The term <term>qualified borrower</term> means—</text>
<subparagraph id="ID6442b8d5a8524088a68d07f97c68c0e8"><enum>(A)</enum><text>a mutual or
cooperative electric company described in section 501(c)(12) or 1381(a)(2)(C);
or</text>
</subparagraph><subparagraph id="ID2c346ebe221443368970d868d0699a56"><enum>(B)</enum><text>a public power
entity.</text>
</subparagraph></paragraph></subsection><subsection id="IDe009017ef3e84786b7532c81e53d9250"><enum>(e)</enum><header>Special rules
relating to pool bonds</header><text>No portion of a pooled financing bond may
be allocable to any loan unless the borrower has entered into a written loan
commitment for such portion prior to the issue date of such issue.</text>
</subsection><subsection id="ID9e9f94e693554b9c997dfc11de2f0eac"><enum>(f)</enum><header>Other
definitions and special rules</header><text>For purposes of this
section—</text>
<paragraph id="ID6253dfb290e6467e9c5faa5dff9ae2c1"><enum>(1)</enum><header>Qualified clean
coal project</header><text>For purposes of this section, the term
<term>qualified clean coal project</term> means—</text>
<subparagraph id="ID3891a587138d478190bbca9442224eda"><enum>(A)</enum><text>an atmospheric
pollution control facility (within the meaning of section 169(d)(5)(C));</text>
</subparagraph><subparagraph id="IDddef41fa39504bbeb82c4c94ee32a2d1"><enum>(B)</enum><text>a closed-loop
biomass facility (within the meaning of section 45(d)(2));</text>
</subparagraph><subparagraph id="IDe7f10e8394db42f29bd9b4925b6e893e"><enum>(C)</enum><text>a qualified new
clean coal power plant (within the meaning of section 48D(d)(1));</text>
</subparagraph><subparagraph id="ID8de73f225f6046349bd2eb4dca235a56"><enum>(D)</enum><text>a qualifying
carbon dioxide equipment described in section 48E(c)(1); or</text>
</subparagraph><subparagraph id="IDdecd8b80fac84532a6d96b7a12b2f5f2"><enum>(E)</enum><text>a qualified
facility (within the meaning of section 450(c)).</text>
</subparagraph></paragraph><paragraph id="ID061e7d156f9c4ef3bbd55d696a8af8d2"><enum>(2)</enum><header>Pooled
financing bond</header><text>The term <term>pooled financing bond</term> shall
have the meaning given such term by section 149(f)(4)(A).</text>
</paragraph></subsection><subsection id="ID0d61353e50824fac8445a4a93134499b"><enum>(g)</enum><header>Termination</header><text>This
section shall not apply with respect to any bond issued after December 31,
2018.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="IDdd04786050f642d0ace6ea24198ebecd"><enum>(b)</enum><header>Conforming
amendments</header>
<paragraph id="IDae82db928e9844ee861d005b657d236f"><enum>(1)</enum><text>Paragraph (1) of
section 54A(d) of the Internal Revenue Code of 1986 is amended to read as
follows:</text>
<quoted-block display-inline="no-display-inline" id="idF316655FAB6D47E78ADA0B10A7946654" style="OLC">
<paragraph id="IDf0f8cb9c56f34e67953caf1c6ec69d75"><enum>(1)</enum><header>Qualified tax
credit bond</header><text>The term <term>qualified tax credit bond</term>
means—</text>
<subparagraph id="ID4430cd2234c145a79a1d3a7d5cc41a56"><enum>(A)</enum><text>a qualified
forestry conservation bond, or</text>
</subparagraph><subparagraph id="IDb89d97ecf4b74e4184e947a201404b0f"><enum>(B)</enum><text>a clean energy
coal bond,</text>
</subparagraph><continuation-text continuation-text-level="paragraph">which is
part of an issue that meets requirements of paragraphs (2), (3), (4), (5), and
(6).</continuation-text></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID86b36bb22c654f66b672b0147868ba98"><enum>(2)</enum><text>Subparagraph (C)
of section 54A(d)(2) of such Code is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id62486D1843684CCE9E1E7FDEEBC81980" style="OLC">
<subparagraph id="ID35b15c18f7464a6f904fd4e8b4f2e00f"><enum>(C)</enum><header>Qualified
purpose</header><text>For purposes of this paragraph, the term <term>qualified
purpose</term> means—</text>
<clause id="IDd09685088feb48c687b1b9e26e6e3389"><enum>(i)</enum><text>in the case of a
qualified forestry conservation bond, a purpose specified in section 54B(e);
and</text>
</clause><clause id="ID9215e6abb9b149ddad62ba68fe63e228"><enum>(ii)</enum><text>in the case of a
clean energy coal bond, a purpose specified in section
54C(f)(1).</text>
</clause></subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDf70cb7270fa24b9a877e3bceb59c2cc7"><enum>(c)</enum><header>Clerical
amendment</header><text>The table of sections for subpart I of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986 is amended by
adding at the end the following new item:</text>
<quoted-block display-inline="no-display-inline" id="idEB4766D39E0B446E8F4FE4BDD5C1BE08" style="OLC">
<toc>
<toc-entry bold="off" level="section">Sec. 54C. Clean energy coal
bonds.</toc-entry>
</toc>
<after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection commented="no" display-inline="no-display-inline" id="ID38ecc841b0894371aded902b5ed7fa93"><enum>(d)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to bonds
issued after December 31, 2008.</text>
</subsection></section></subtitle><enum>VII</enum><header>Nuclear
energy</header>
<subtitle id="idF3A46BA20F6942538188C9E76CA3BDEF"><enum>A</enum><header>Nuclear waste
access to Yucca Mountain</header>
<section id="ID0ab3d623b1be4a2e8f97b299930cc2df"><enum>701.</enum><header>Definitions</header><text display-inline="no-display-inline">In this subtitle:</text>
<paragraph id="id34645D43011D41D7B46D4E4746788E9A"><enum>(1)</enum><header>Disposal</header><text>The
term <term>disposal</term> has the meaning given the term in section 2 of the
Nuclear Waste Policy Act of 1982 (42 U.S.C. 10101).</text>
</paragraph><paragraph id="idACB9A6E9B1EE4E909F0CBF3DA4185F7F"><enum>(2)</enum><header>High-level
radioactive waste</header><text>The term <term>high-level radioactive
waste</term> has the meaning given the term in section 2 of the Nuclear Waste
Policy Act of 1982 (42 U.S.C. 10101).</text>
</paragraph><paragraph id="id56EFB77E7B654B378D4D1DAEEEFCAA80"><enum>(3)</enum><header>Project</header><text>The
term <term>Project</term> means the Yucca Mountain Project.</text>
</paragraph><paragraph id="idD023B8E774D244D0A4BA8B1E283FB752"><enum>(4)</enum><header>Repository</header><text>The
term <term>repository</term> has the meaning given the term in section 2 of the
Nuclear Waste Policy Act of 1982 (42 U.S.C. 10101).</text>
</paragraph><paragraph id="id2E94514B47B5467AA562BCD06F47948D"><enum>(5)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of Energy.</text>
</paragraph><paragraph id="id3C577ED6A731486BAD9338A21517DAA5"><enum>(6)</enum><header>Spent nuclear
fuel</header><text>The term <term>spent nuclear fuel</term> has the meaning
given the term in section 2 of the Nuclear Waste Policy Act of 1982 (42 U.S.C.
10101).</text>
</paragraph><paragraph id="id9B438031DB3D493283F1A4B5DCCFF84F"><enum>(7)</enum><header>Yucca Mountain
site</header><text>The term <term>Yucca Mountain site</term> has the meaning
given the term in section 2 of the Nuclear Waste Policy Act of 1982 (42 U.S.C.
10101).</text>
</paragraph></section><section id="IDf3a74a0542f94fcca48facc411c9be02"><enum>702.</enum><header>Withdrawal of
land</header>
<subsection id="idF57E9D5E25734D8F82A9F9494495CE2D"><enum>(a)</enum><header>Land
withdrawal; jurisdiction; reservation; acquisition</header>
<paragraph id="ID6cd193416dd24f86ac584a9a91696833"><enum>(1)</enum><header>Land
withdrawal</header><text>Subject to valid existing rights, and except as
otherwise provided in this subtitle, the land described in subsection (b) is
withdrawn permanently from any form of entry, appropriation, or disposal under
the public land laws, including, without limitation—</text>
<subparagraph id="id630EDD19C4A846AFA852C5704260D2CB"><enum>(A)</enum><text>the mineral
leasing laws;</text>
</subparagraph><subparagraph id="id9EEE4C7A1F694B37ADF895460DA7BDD0"><enum>(B)</enum><text>the geothermal
leasing laws;</text>
</subparagraph><subparagraph id="idC686F51FC89A4B8BB077052FB4B166A2"><enum>(C)</enum><text>materials sales
laws; and</text>
</subparagraph><subparagraph id="id767FD3AB964046838DEED70368DA11DF"><enum>(D)</enum><text>the mining
laws.</text>
</subparagraph></paragraph><paragraph id="IDb9f7f885a4df4eb48de6db4627c3e50f"><enum>(2)</enum><header>Jurisdiction</header><text>As
of the date of enactment of this Act, any land described in subsection (b) that
is under the jurisdiction of the Secretary of the Air Force or the Secretary of
the Interior shall be—</text>
<subparagraph id="id902629CB8E3E48C699B6D23D502525BD"><enum>(A)</enum><text>transferred to
the Secretary; and</text>
</subparagraph><subparagraph id="idF925DD58BD114CBCACD889EB1696C757"><enum>(B)</enum><text>under the
jurisdiction of the Secretary.</text>
</subparagraph></paragraph><paragraph id="ID6a8d0d4f2aad4e48a9a84ea3c696f3b0"><enum>(3)</enum><header>Reservation</header><text>The
land described in subsection (b) is reserved for use by the Secretary for
activities associated with the disposal of high-level radioactive waste and
spent nuclear fuel under the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10101
et seq.), including—</text>
<subparagraph id="idA6ED02EE516545F581CC70669A8E1E52"><enum>(A)</enum><text>development;</text>
</subparagraph><subparagraph id="id25FB4808F10B45A2AA71B6CFA0BC3C6F"><enum>(B)</enum><text>preconstruction
testing and performance confirmation;</text>
</subparagraph><subparagraph id="id5CCBE552B9484E49950E9C42E742BD67"><enum>(C)</enum><text>licensing;</text>
</subparagraph><subparagraph id="id090134F0F5AD4493A6B17305C4CC718A"><enum>(D)</enum><text>construction;</text>
</subparagraph><subparagraph id="id33CE57B41B3E4256BCC80D6239B64470"><enum>(E)</enum><text>management and
operation;</text>
</subparagraph><subparagraph id="id83138DF8A1C94D27A684B99549C29B42"><enum>(F)</enum><text>monitoring;</text>
</subparagraph><subparagraph id="idADC9745D45FA490CBFB30BD55B8CD7C5"><enum>(G)</enum><text>closure and
post-closure; and</text>
</subparagraph><subparagraph id="idA6AF255296D54ECD9EEFF30D6EE35951"><enum>(H)</enum><text>other such
activities associated with the disposal of high-level radioactive waste and
spent nuclear fuel under the <act-name parsable-cite="NWPA">Nuclear Waste
Policy Act of 1982</act-name> (<external-xref legal-doc="usc" parsable-cite="usc/42/10101(3)">42 U.S.C. 10101</external-xref> et
seq.).</text>
</subparagraph></paragraph></subsection><subsection id="ID5d148c6a1bf24cd1ad5fc6e6b3c4223a"><enum>(b)</enum><header>Land
description</header>
<paragraph id="ID7f58928ed6044b8d9ebbff37a9bc711c"><enum>(1)</enum><header>Boundaries</header><text>The
land referred to in subsection (a) is the approximately 147,000 acres of land
located in Nye County, Nevada, as generally depicted on the map relating to the
Project, numbered YMP–03–024.2, entitled <quote>Proposed Land
Withdrawal</quote>, and dated July 21, 2005.</text>
</paragraph><paragraph id="ID951b05f71b5146448cb7769c49ea356a"><enum>(2)</enum><header>Legal
description and map</header>
<subparagraph id="id15724233C31E4BA3A0CF094032BCCD79"><enum>(A)</enum><header>In
general</header><text>As soon as practicable after the date of enactment of
this Act, the Secretary of the Interior shall—</text>
<clause id="ID81a4a10f396c4cec9f12909deb390004"><enum>(i)</enum><text>publish in the
Federal Register a notice containing a legal description of the land described
in this subsection; and</text>
</clause><clause id="IDf41c85bfbd0540fd8ec774134c73bede"><enum>(ii)</enum><text>provide to
Congress, the Governor of the State of Nevada, and the Archivist of the United
States—</text>
<subclause id="id7846EC5FB2C342C6A773A7FC95C2AD9C"><enum>(I)</enum><text>a copy of the map
referred to in paragraph (1); and</text>
</subclause><subclause id="idE358E038A36B4B158361D2DDF1C025AC"><enum>(II)</enum><text>the legal
description of the land.</text>
</subclause></clause></subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID09e3d72a9d7b43f99c382c729bd11766"><enum>(B)</enum><header>Treatment</header>
<clause commented="no" display-inline="no-display-inline" id="id77AF9EE2E9C04C15913752811B6B9C3A"><enum>(i)</enum><header>In
general</header><text>The map and legal description referred to in subparagraph
(A) shall have the same force and effect as if the map and legal description
were included in this subtitle.</text>
</clause><clause commented="no" display-inline="no-display-inline" id="idD5ABCD16D5294BE8B8E0B545E0870FDD"><enum>(ii)</enum><header>Technical
corrections</header><text>The Secretary of the Interior may correct any
clerical or typographical error in the map and legal description referred to in
subparagraph (A).</text>
</clause></subparagraph></paragraph></subsection><subsection id="IDc8b3f2f7e185498d8f406b53eabdce0b"><enum>(c)</enum><header>Revocations</header>
<paragraph id="ID54243f9dda374f10be65a42bbfecb026"><enum>(1)</enum><header>Public land
order</header><text>Public Land Order 6802, dated September 25, 1990 (as
extended by Public Land Order 7534), and any condition or memorandum of
understanding accompanying the land order (as so extended), is revoked.</text>
</paragraph><paragraph id="IDe05604c1bfca4f8ca8f835dcf95535a2"><enum>(2)</enum><header>Right of
way</header><text>The rights-of-way reservations relating to the Project,
numbered N–48602 and N–47748 and dated January 5, 2001, are revoked.</text>
</paragraph></subsection><subsection id="ID35fd717794ee43038f0ea7a448050880"><enum>(d)</enum><header>Management of
withdrawn land</header>
<paragraph id="IDc0d45cb1336641ca9652394cdbceedfd"><enum>(1)</enum><header>In
general</header><text>The Secretary, in consultation with the Secretary of the
Air Force and the Secretary of the Interior, as appropriate, shall manage the
land withdrawn under subsection (a)(1) in accordance with—</text>
<subparagraph id="id356973AAC096490EA8318CBF92E6984F"><enum>(A)</enum><text>the Federal Land
Policy and Management Act of 1976 (43 U.S.C. 1701 et seq.);</text>
</subparagraph><subparagraph id="id040821E72FB0426EAC9FAC5B6F9890F0"><enum>(B)</enum><text>this subtitle;
and</text>
</subparagraph><subparagraph id="id90B2D739732141199B9C4A15CD1E21BB"><enum>(C)</enum><text>other applicable
laws.</text>
</subparagraph></paragraph><paragraph id="ID07fc65d5f2034cebac19a542c894a0c8"><enum>(2)</enum><header>Management
plan</header>
<subparagraph id="ID50accf56f6b64bb996cbddbc258fff22"><enum>(A)</enum><header>Development</header><text>Not
later than 3 years after the date of enactment of this Act, the Secretary, in
consultation with the Secretary of the Air Force and the Secretary of the
Interior, as appropriate, shall develop and submit to Congress and the State of
Nevada a management plan for the use of the land withdrawn under subsection
(a)(1).</text>
</subparagraph><subparagraph id="ID9f868be5a28c4cdd83e3785088d58949"><enum>(B)</enum><header>Priority</header><text>Subject
to subparagraphs (C), (D), and (E), use of the land withdrawn under subsection
(a)(1) for an activity not relating to the Project shall be subject to such
conditions and restrictions as the Secretary considers to be appropriate to
facilitate activities relating to the Project.</text>
</subparagraph><subparagraph id="ID87f160866209494ea657c31e5043411c"><enum>(C)</enum><header>Air Force
use</header><text>The management plan may provide for the continued use by the
Department of the Air Force of the portion of the land withdrawn under
subsection (a)(1) located within the Nellis Air Force base test and training
range under such terms and conditions as may be agreed to by the Secretary and
the Secretary of the Air Force.</text>
</subparagraph><subparagraph id="ID2a7240ae305d4d9fa6aa145479acd721"><enum>(D)</enum><header>Nevada Test
Site use</header><text>The management plan may provide for the continued use by
the National Nuclear Security Administration of the portion of the land
withdrawn under subsection (a)(1) located within the Nevada test site of the
Administration under such conditions as the Secretary considers to be necessary
to minimize any effect on activities relating to the Project or other
activities of the Administration.</text>
</subparagraph><subparagraph id="ID3b9d77885b3741c886e63e1adc8885e6"><enum>(E)</enum><header>Other
uses</header>
<clause id="id0BC8E4EF609F4F18B7230FC8A8AE5B7A"><enum>(i)</enum><header>In
general</header><text>The management plan shall include provisions—</text>
<subclause id="idC724A8529CAE43C39BD0F55B44A7748A"><enum>(I)</enum><text>relating to the
maintenance of wildlife habitat on the land withdrawn under subsection (a)(1);
and</text>
</subclause><subclause id="idBAC2104618BE4161BB8A7284D1DF193D"><enum>(II)</enum><text>under which the
Secretary may permit any use not relating to the Project, as the Secretary
considers to be appropriate, in accordance with the requirements under clause
(ii).</text>
</subclause></clause><clause id="ID12341c79d1ec460f8ea5001cf78b451a"><enum>(ii)</enum><header>Requirements</header>
<subclause id="idDF5D37A57DD64DC38CB09D37EB002F48"><enum>(I)</enum><header>Grazing</header><text>The
Secretary may permit any grazing use to continue on the land withdrawn under
subsection (a)(1) if the grazing use was established before the date of
enactment of this Act, subject to such regulations, policies, and practices as
the Secretary, in consultation with the Secretary of the Interior, determines
to be appropriate, and in accordance with applicable grazing laws and policies,
including—</text>
<item id="ID9012f4eb150d41b58c78a7f4177f3440"><enum>(aa)</enum><text>the
Act of June 28, 1934 (commonly known as the <quote>Taylor Grazing Act</quote>)
(<external-xref legal-doc="usc" parsable-cite="usc/43/315">43 U.S.C.
315</external-xref> et seq.);</text>
</item><item id="IDfe2db9d79d4a41afb992819dd2eefd45"><enum>(bb)</enum><text>title IV of the
Federal Land Policy Management Act of 1976 (43 U.S.C. 1751 et seq.); and</text>
</item><item id="IDb136e2e654c04387a4f6d5c04107f614"><enum>(cc)</enum><text>the
Public Rangelands Improvement Act of 1978 (43 U.S.C. 1901 et seq.).</text>
</item></subclause><subclause id="ID3ea0fdaf47d24588af851b6bcc80d376"><enum>(II)</enum><header>Hunting and
trapping</header><text>The Secretary may permit any hunting or trapping use to
continue on the land withdrawn under subsection (a)(1) if the hunting or
trapping use was established before the date of enactment of this Act, at such
time and in such zones as the Secretary, in consultation with the Secretary of
the Interior and the State of Nevada, may establish, taking into consideration
public safety, national security, administration, and public use and enjoyment
of the land.</text>
</subclause></clause></subparagraph><subparagraph id="IDba391547c5ff4a939b335fa6f66d16ec"><enum>(F)</enum><header>Public
access</header>
<clause id="idDD98AEEE583740819BD72EA3C83BCFD1"><enum>(i)</enum><header>In
general</header><text>The management plan may provide for limited public access
to the portion of the land withdrawn under subsection (a)(1) that was under the
control of the Bureau of Land Management on the day before the date of
enactment of this Act.</text>
</clause><clause id="id54F7155B04FF47BBB6C39FEB542D70A4"><enum>(ii)</enum><header>Specific
uses</header><text>The management plan may permit public uses of the land
relating to the Nye County Early Warning Drilling Program, utility corridors,
and other uses the Secretary, in consultation with the Secretary of the
Interior, considers to be consistent with the purposes of the withdrawal under
subsection (a)(1).</text>
</clause></subparagraph></paragraph><paragraph id="IDabc9918273484d8497be7775a4e942e8"><enum>(3)</enum><header>Mining</header>
<subparagraph id="IDd5a8b6e208e84fc2b7f17ba5ebc81581"><enum>(A)</enum><header>In
general</header><text>Surface and subsurface mining and oil and gas production,
including slant drilling from outside the boundaries of the land withdrawn
under subsection (a)(1), shall be prohibited at any time on or under the
land.</text>
</subparagraph><subparagraph id="id9235B27A71F6428A88FE3FC5A8B54D92"><enum>(B)</enum><header>Evaluation of
claims</header><text>The Secretary of the Interior shall evaluate and
adjudicate the validity of any mining claim relating to any portion of the land
withdrawn under subsection (a)(1) that was under the control of the Bureau of
Land Management on the day before the date of enactment of this Act.</text>
</subparagraph><subparagraph id="id403D6BA5DFB64D3C99AE57D2FB54DEBB"><enum>(C)</enum><header>Compensation</header><text>The
Secretary shall provide just compensation for the acquisition of any valid
property right relating to mining pursuant to the withdrawal under subsection
(a)(1).</text>
</subparagraph></paragraph><paragraph id="ID5d9533a52bb44346a25c0516db1b8af2"><enum>(4)</enum><header>Closures</header><text>If
the Secretary, in consultation with the Secretary of the Air Force and the
Secretary of the Interior, as appropriate, determines that the health and
safety of the public or the national defense and security require the closure
of a road, trail, or other portion of the land withdrawn under subsection
(a)(1) (including the airspace above the land), the Secretary—</text>
<subparagraph id="id257AD95765E143B18E18618750074AB3"><enum>(A)</enum><text>may close the
road, trail, or portion of land (including airspace); and</text>
</subparagraph><subparagraph id="idCD96ED5B051C4F3FAF99495945ADD2D7"><enum>(B)</enum><text>shall provide to
the public a notice of the closure.</text>
</subparagraph></paragraph><paragraph id="id748E5E1C7A4A49398DFBB188EC052E74"><enum>(5)</enum><header>Implementation</header><text>The
Secretary and the Secretary of the Air Force or the Secretary of the Interior,
as appropriate, shall implement the management plan developed under paragraph
(2) under such terms and conditions as may be agreed to by the
Secretaries.</text>
</paragraph></subsection></section><section id="IDde1555733c204cadbee19c51eee2ee96"><enum>703.</enum><header>Receipt and
storage facilities</header><text display-inline="no-display-inline">Section
114(b) of the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10134(b)) is
amended—</text>
<paragraph id="ID72caaeb8d76c44a1b73dcec4c21a7cf1"><enum>(1)</enum><text>by striking
<quote>If the President</quote> and inserting the following:</text>
<quoted-block display-inline="no-display-inline" id="idC750708B4A904BECA096BCA4C66DF56A" style="OLC">
<paragraph id="ID518da825c06647c6b1ef2cea5116d2db"><enum>(1)</enum><header>In
general</header><text>If the President</text>
</paragraph><after-quoted-block>;
and</after-quoted-block></quoted-block>
</paragraph><paragraph id="ID18aa6a1b369540b589a0aea2ccdea4ef"><enum>(2)</enum><text>by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idC83A90D844DE42698938EB41446AFF89" style="OLC">
<paragraph id="ID8912e8fff21d4dbaad17b5002051b8f7"><enum>(2)</enum><header>Application for
receipt and storage facilities</header>
<subparagraph id="id80D027EEA64B4005B490AFF3DDD7F15B"><enum>(A)</enum><header>In
general</header><text>In conjunction with the submission of an application for
a construction authorization under this subsection, the Secretary shall apply
to the Commission for a license in accordance with part 72 of title 10, Code of
Federal Regulations (or a successor regulation), to construct and operate
facilities to receive and store spent nuclear fuel and high-level radioactive
waste at the Yucca Mountain site.</text>
</subparagraph><subparagraph id="idD383E431CE0A4824A658D1652BA2C97A"><enum>(B)</enum><header>Deadline for
final decision by Commission</header><text>The Commission shall issue a final
decision approving or disapproving the issuance of the license not later than
18 months after the date of submission of the application to the
Commission.</text>
</subparagraph></paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></section><section id="IDb5eb4dfa47e4423a88bda70c12009be4"><enum>704.</enum><header>Repeal of
capacity limitation</header><text display-inline="no-display-inline">Section
114(d) of the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10134(d)) is amended
by striking the second and third sentences.</text>
</section><section id="IDe1cc0a71d4924a29b2241e266591eae1"><enum>705.</enum><header>Infrastructure
activities</header><text display-inline="no-display-inline">Section 114 of the
Nuclear Waste Policy Act of 1982 (42 U.S.C. 10134) is amended by adding at the
end the following:</text>
<quoted-block display-inline="no-display-inline" id="idDE1052E8EC8B4E02ABAF135D5E33472D" style="OLC">
<subsection id="IDb5293cbf0a674df59330557ded5c16a0"><enum>(g)</enum><header>Infrastructure
activities</header>
<paragraph id="ID848ee532e41c499b86f9e058bdf18079"><enum>(1)</enum><header>Construction of
connected facilities</header><text>At any time after the completion by the
Secretary of a final environmental impact statement that evaluates the
activities to be performed under this subsection, the Secretary may commence
the following activities in connection with any activity or facility licensed
or to be licensed by the Commission at the Yucca Mountain site:</text>
<subparagraph id="ID72f55d9798db4302919f5d6dd0d1dbb1"><enum>(A)</enum><text>Preparation of
the site for construction of the facility (including such activities as
clearing, grading, and construction of temporary access roads and borrow
areas).</text>
</subparagraph><subparagraph id="IDf5e46b832308482f88aec9b580a0070b"><enum>(B)</enum><text>Installation of
temporary construction support facilities (including such items as warehouse
and shop facilities, utilities, concrete mixing plants, docking and unloading
facilities, and construction support buildings).</text>
</subparagraph><subparagraph id="IDda9a8becc04640c99664b6c14f947e27"><enum>(C)</enum><text>Excavation for
facility structures.</text>
</subparagraph><subparagraph id="IDab835ecb070d4b6a9aad8704410b3da4"><enum>(D)</enum><text>Construction of
service facilities (including such facilities as roadways, paving, railroad
spurs, fencing, exterior utility and lighting systems, transmission lines, and
sanitary sewerage treatment facilities).</text>
</subparagraph><subparagraph id="IDeeee9440a27549b1b0b345703c9e836f"><enum>(E)</enum><text>Construction of
structures, systems, and components that do not prevent or mitigate the
consequences of possible accidents that could cause undue risk to the health
and safety of the public.</text>
</subparagraph><subparagraph id="ID4cb712319b3f474fb9403b754e4cb37f"><enum>(F)</enum><text>Installation of
structural foundations (including any necessary subsurface preparation) for
structures, systems, and components that prevent or mitigate the consequences
of possible accidents that could cause undue risk to the health and safety of
the public.</text>
</subparagraph></paragraph><paragraph id="IDbbc4b4a98e294d5ca230acaa090e7159"><enum>(2)</enum><header>Authorization
to receive and store</header>
<subparagraph id="idAA07824F8F8146088F3CB740C210DE2D"><enum>(A)</enum><header>Definitions</header><text>In
this paragraph:</text>
<clause id="ID700a7c2a2a2c4cc999120675489342a2"><enum>(i)</enum><header>Defense
waste</header><text>The term <term>defense waste</term> means high-level
radioactive waste, and spent nuclear fuel, that results from an atomic energy
defense activity.</text>
</clause><clause id="IDf510563db56347059147371de0c44930"><enum>(ii)</enum><header>Legacy spent
nuclear fuel</header><text>The term <term>legacy spent nuclear fuel</term>
means spent nuclear fuel—</text>
<subclause id="idDA06D46ABBFD4EBE8BA2F98D5084B263"><enum>(I)</enum><text>that is subject
to a contract entered into pursuant to section 302; and</text>
</subclause><subclause id="id89F511CF8DCA4629BC0B0A30D7CD50F8"><enum>(II)</enum><text>for which the
Secretary determines that there is not at the time of the determination, and
will not be within a reasonable time after the determination, sufficient
domestic capacity available to recycle the spent nuclear fuel.</text>
</subclause></clause></subparagraph><subparagraph id="ID1751a0be841f4175b6e92a4ae2a8b180"><enum>(B)</enum><header>Authorization
for defense waste</header><text>At any time after the issuance of a license for
receipt and storage facilities under subsection (b)(2), the Secretary may
transport defense waste to receipt and storage facilities at the Yucca Mountain
site.</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="id3D364A85490844B2859DC95ABA22324E"><enum>(C)</enum><header display-inline="yes-display-inline">Authorization for legacy spent nuclear
fuel</header><text>At any time after the issuance of a construction
authorization under subsection (d) and the issuance of a license for receipt
and storage facilities under subsection (b)(2), the Secretary may receive and
store legacy spent nuclear fuel and high-level radioactive waste at the Yucca
Mountain
site.</text>
</subparagraph></paragraph></subsection><after-quoted-block>.</after-quoted-block></quoted-block>
</section><section id="id7ADD110518E54FC2A1228B7DA2A6DA43"><enum>706.</enum><header>Rail
line</header>
<subsection id="idB109F4C7AB614EFA8CA89B36424BAFA4"><enum>(a)</enum><header>Construction of
rail line</header><text display-inline="yes-display-inline">The Secretary shall
acquire rights-of-way within the corridor designated in subsection (b) in
accordance with this section, and shall construct and operate, or cause to be
constructed and operated, a railroad and such facilities as are required to
transport spent nuclear fuel and high-level radioactive waste from existing
rail systems to the site of surface facilities within the geologic repository
operations area for the receipt, handling, packaging, and storage of spent
nuclear fuel and high-level radioactive waste prior to emplacement.</text>
</subsection><subsection id="IDbd0a0c564ca44663a18c0707afe55db2"><enum>(b)</enum><header>Acquisition and
withdrawal of land</header>
<paragraph id="idC574AA1937AD4DCC8CAD174546FDB25A"><enum>(1)</enum><header>Route
designation and acquisition</header>
<subparagraph id="IDaa692eef7f4b4ee684ee539b6e156194"><enum>(A)</enum><header>Rights-of-way
and facilities</header><text>The Secretary shall acquire such rights-of-way and
develop such facilities within the corridor referred to as <quote>X</quote> on
the map dated <inline-comment>___</inline-comment> and on file with the
Secretary as are necessary to carry out subsection (a).</text>
</subparagraph><subparagraph id="ID273d751c450f4356982623b40fc94d28"><enum>(B)</enum><header>Recommendations</header><text>The
Secretary shall consider specific alignment proposals for the route for the
corridor made by the State of Nevada and the units of local government within
whose jurisdiction the route is proposed to pass.</text>
</subparagraph><subparagraph id="ID927840f08d9747148f5dc0b1afc2e657"><enum>(C)</enum><header>Notice and
description</header><text>Not later than 180 days after the date of enactment
of this section, the Secretary shall—</text>
<clause id="IDa66ad9c65bc64f0d8d8f35e05202c70b"><enum>(i)</enum><text>publish in the
Federal Register a notice containing a legal description of the corridor;
and</text>
</clause><clause id="ID0408b084e5fa4f6896b237365b39ce4f"><enum>(ii)</enum><text>file copies of
the map referred to in paragraph (1) and the legal description of the corridor
with—</text>
<subclause id="idD35E1E9A912C4FE8ABE19ADB3F6C3AA3"><enum>(I)</enum><text>Congress;</text>
</subclause><subclause id="id6AB40D9C86EE48BDBEF2A8764CB7BC3D"><enum>(II)</enum><text>the Secretary of
the Interior;</text>
</subclause><subclause id="id5FA2765F6F74424384C2DD51EFBBB6A5"><enum>(III)</enum><text>the Governor of
the State of Nevada;</text>
</subclause><subclause id="id643ABA4916724F49A85009D5AC342CB0"><enum>(IV)</enum><text>the Board of
County Commissioners of Lincoln County, Nevada;</text>
</subclause><subclause id="id61633526D2F44DD08DD81F6BB6D65940"><enum>(V)</enum><text>the Board of
County Commissioners of Nye County, Nevada; and</text>
</subclause><subclause id="idE8E6F6D4E59349A18C5D797EC870514C"><enum>(VI)</enum><text>the Archivist of
the United States.</text>
</subclause></clause></subparagraph><subparagraph id="ID033785fecc904fd19745f4a45da393d8"><enum>(D)</enum><header>Administration</header>
<clause id="id1E6C4DB1D751414C9BAC4C300EFD44E6"><enum>(i)</enum><header>Effect</header><text>The
map and legal description referred to in subparagraph (C) shall have the same
force and effect as if the map and legal description were included in this
subtitle.</text>
</clause><clause id="idC6B691DF44A24CB0AE731729CB207F74"><enum>(ii)</enum><header>Corrections</header><text>The
Secretary may correct clerical and typographical errors in the map and legal
description and make minor adjustments in the boundaries of the
corridor.</text>
</clause></subparagraph></paragraph><paragraph id="ID0fee843338af49eaa1d4a5a428b912dc"><enum>(2)</enum><header>Withdrawal and
reservation</header>
<subparagraph id="ID8ff38c45ed5a46e89cda117c261a41d5"><enum>(A)</enum><header>Public
land</header><text>Subject to valid existing rights, the public land depicted
on the map referred to in paragraph (1)(C) is withdrawn from all forms of
entry, appropriation, and disposal under the public land laws, including the
mineral leasing laws, the geothermal laws, the material sale laws, and the
mining laws.</text>
</subparagraph><subparagraph id="ID7e3eb7756c1f4293878d95e56293ec3c"><enum>(B)</enum><header>Administrative
jurisdiction</header><text>Administrative jurisdiction over the land is
transferred from the Secretary of the Interior to the Secretary.</text>
</subparagraph><subparagraph id="IDb80cb2154b544a0ba8bae15cfa42005d"><enum>(C)</enum><header>Reservation</header><text>The
land is reserved for the use of the Secretary for the construction and
operation of transportation facilities and associated activities under title I
of the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10121 et seq.)</text>
</subparagraph><subparagraph id="ID9c1184142f0b4a37a0644b9b72a8660d"><enum>(D)</enum><header>Memorandum of
understanding</header><text>The Secretary may also enter into a memorandum of
understanding with the head of any other agency having administrative
jurisdiction over other Federal land used for purposes of the corridor referred
to in paragraph (1)(A).</text>
</subparagraph></paragraph></subsection><subsection id="IDf0c906d9c17e46cc9816cc74a70697d2"><enum>(c)</enum><header>Environmental
impact</header>
<paragraph id="ID622175d3b15d4477a39b86d5d5cb564f"><enum>(1)</enum><header>In
general</header><text>The Secretary shall comply with all applicable
requirements under the National Environmental Policy Act of 1969 (42 U.S.C.
4321 et seq.) with respect to activities carried out under this section.</text>
</paragraph><paragraph id="ID05f4b59dddcd43bba98ff77e56a5e6bb"><enum>(2)</enum><header>Consideration
of potential impacts</header><text>To the extent a Federal agency is required
to consider the potential environmental impact of an activity carried out under
this section, the Federal agency shall adopt, to the maximum extent
practicable, an environmental impact statement prepared under this
section.</text>
</paragraph><paragraph id="IDb3645d424bc744aa90d4cae13ed508eb"><enum>(3)</enum><header>Effect of
adoption of statement</header><text>The adoption by a Federal agency of an
environmental impact statement under paragraph (2) shall be considered to
satisfy the responsibilities of the Federal agency under the National
Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.), and no further
consideration under that subtitle shall be required by the Federal
agency.</text>
</paragraph></subsection></section><section id="ID200508cd9f784ea2afb762d2aa4e8fe6"><enum>707.</enum><header>Nuclear Waste
Fund</header>
<subsection id="id7F52EE4B7E2F407E920F9724A9587243"><enum>(a)</enum><header>Budget Act
Allocations</header><text>Effective for fiscal year 2008 and each fiscal year
thereafter, funds appropriated from the Nuclear Waste Fund established under
section 302 of the Nuclear Waste Policy Act of 1982 (42 U.S.C. 10222) shall not
be subject to—</text>
<paragraph id="id7AB1FA8C16734A35B7F90EF34B7C1096"><enum>(1)</enum><text>the allocations
for discretionary spending under section 302(a) of the Congressional Budget Act
of 1974 (2 U.S.C. 633(a)); or</text>
</paragraph><paragraph id="id832444A193B44AC0A5155DDAC69C7EBE"><enum>(2)</enum><text>the
suballocations of appropriations committees under section 302(b) of that
Act.</text>
</paragraph></subsection><subsection commented="no" id="IDa340ea4703014e5b9be00627efa08370"><enum>(b)</enum><header>Fund
uses</header><text>Section 302(d)(4) of the Nuclear Waste Policy Act of 1982
(42 U.S.C. 10222(d)(4)) is amended by striking <quote>with</quote> and all that
follows through <quote>storage site</quote> and inserting <quote>with surface
facilities within the geologic repository operations area (including surface
facilities for the receipt, handling, packaging, and storage of spent nuclear
fuel and high-level radioactive waste prior to emplacement, or transportation
to the repository of spent nuclear fuel or high-level radioactive waste to
surface facilities for the receipt, handling, packaging, and storage of spent
nuclear fuel and high-level radioactive waste prior to emplacement and the
transportation, treating, or packaging of spent nuclear fuel or high-level
radioactive waste to be disposed of in the repository, to be stored in a
monitored retrievable storage site),</quote>.</text>
</subsection></section><section commented="no" display-inline="no-display-inline" id="idC828406DEE264ADDAC892EE29470C392" section-type="subsequent-section"><enum>708.</enum><header>Waste
confidence</header><text display-inline="no-display-inline">For purposes of a
determination by the Nuclear Regulatory Commission on whether to grant or amend
any license to operate any civilian nuclear power reactor or high-level
radioactive waste or spent fuel storage or treatment facility under the
<act-name parsable-cite="AEA54">Atomic Energy Act of 1954</act-name> (42 U.S.C.
2011 et seq.), the provisions of this subtitle (including the amendments made
by this subtitle) and the obligation of the Secretary to develop a repository
in accordance with the <act-name parsable-cite="NWPA">Nuclear Waste Policy Act
of 1982</act-name> (42 U.S.C. 10101 et seq.), shall provide sufficient and
independent grounds for any further findings by the Nuclear Regulatory
Commission of reasonable assurances that spent nuclear fuel and high-level
radioactive waste would be disposed of safely and in a timely manner.</text>
</section></subtitle><subtitle id="id4700F2109A2E434499A33B5CBD7FD9A6"><enum>B</enum><header>Tax
provisions</header>
<section id="ID6ec458c56ad84ab8a6d5481e274620bc"><enum>711.</enum><header>Investment tax
credit for investments in nuclear power facilities</header>
<subsection id="idCA60A9D9B8204FE2A4E25E75FCB6B474"><enum>(a)</enum><header>New credit for
nuclear power facilities</header><text>Section 46 of the Internal Revenue Code
of 1986, as amended by this Act, is amended—</text>
<paragraph id="idCB879E516B2F467A8FDE922CC1ADF7D3"><enum>(1)</enum><text>by striking
<quote>and</quote> at the end of paragraph (6),</text>
</paragraph><paragraph id="id4FCA036C61C34214B5DD5F4E94EAB963"><enum>(2)</enum><text>by striking the
period at the end of paragraph (7) and inserting <quote>, and</quote>,
and</text>
</paragraph><paragraph id="id3197A070D8AB481AAA5B55B748CE9C3B"><enum>(3)</enum><text>by inserting
after paragraph (7) the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="id3171B99F9B324DB4ABBB24752A4A0D88" style="OLC">
<paragraph id="id3D8DBA80C83C440EAB3EBA91C51B85B0"><enum>(8)</enum><text>the nuclear power
facility construction
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="idF27777632C694622BB5D06138DE1383D"><enum>(b)</enum><header>Nuclear power
facility construction credit</header><text>Subpart E of part IV of subchapter A
of chapter 1 of the Internal Revenue Code of 1986, as amended by this Act, is
amended by inserting after section 48E the following new section:</text>
<quoted-block display-inline="no-display-inline" id="id48BE35E1C4284ED9AA284E4B9231DE56" style="OLC">
<section id="ID063eb507d39d45e9a7d0ff4042f76092"><enum>48F.</enum><header>Nuclear power
facility construction credit</header>
<subsection id="ID69b63f8157404bc4956cbeb31d8b3e45"><enum>(a)</enum><header>In
general</header><text>For purposes of section 46, the nuclear power facility
construction credit for any taxable year is 10 percent of the qualified nuclear
power facility expenditures with respect to a qualified nuclear power
facility.</text>
</subsection><subsection id="ID49ae4a50c05142be8be3c07851154336"><enum>(b)</enum><header>When
expenditures taken into account</header>
<paragraph id="IDfca6459d777144e6b355c99d18e41dd1"><enum>(1)</enum><header>In
general</header><text>Qualified nuclear power facility expenditures shall be
taken into account for the taxable year in which the qualified nuclear power
facility is placed in service.</text>
</paragraph><paragraph id="ID315076e954734b7ca15d02d3845aa389"><enum>(2)</enum><header>Coordination
with subsection (c)</header><text>The amount which would (but for this
paragraph) be taken into account under paragraph (1) with respect to any
qualified nuclear power facility shall be reduced (but not below zero) by any
amount of qualified nuclear power facility expenditures taken into account
under subsection (c) by the taxpayer or a predecessor of the taxpayer (or, in
the case of a sale and leaseback described in section 50(a)(2)(C), by the
lessee), to the extent any amount so taken into account under subsection (c)
has not been required to be recaptured under section 50(a).</text>
</paragraph></subsection><subsection id="ID312eb5f2b873436ab01fde6be5dc2b83"><enum>(c)</enum><header>Progress
expenditures</header>
<paragraph id="IDc99123560c0c49359ce2aebb291d72ee"><enum>(1)</enum><header>In
general</header><text>A taxpayer may elect to take into account qualified
nuclear power facility expenditures—</text>
<subparagraph id="ID4357892e9f87463aa970fb43c248cc16"><enum>(A)</enum><header>Self-constructed
property</header><text>In the case of a qualified nuclear power facility which
is a self-constructed facility, no earlier than the taxable year for which such
expenditures are properly chargeable to capital account with respect to such
facility, and</text>
</subparagraph><subparagraph id="IDbca8e57b08c7497c9b25b2cb2f53f29d"><enum>(B)</enum><header>Acquired
facility</header><text>In the case of a qualified nuclear facility which is not
self-constructed property, no earlier than the taxable year in which such
expenditures are paid.</text>
</subparagraph></paragraph><paragraph id="ID39837119d272454a89615a069138727a"><enum>(2)</enum><header>Special rules
for applying paragraph (1)</header><text>For purposes of paragraph (1)—</text>
<subparagraph id="IDb4fc2031e83e4fffa31cb5a9c3b54f0f"><enum>(A)</enum><header>Component
parts, etc</header><text>Notwithstanding that a qualified nuclear power
facility is a self-constructed facility, property described in paragraph (3)(B)
shall be taken into account in accordance with paragraph (1)(B), and such
amounts shall not be included in determining qualified nuclear power facility
expenditures under paragraph (1)(A).</text>
</subparagraph><subparagraph id="IDca4e2ba8a2b0446bbfee0abd09fb8ca2"><enum>(B)</enum><header>Certain
borrowing disregarded</header><text>Any amount borrowed directly or indirectly
by the taxpayer on a nonrecourse basis from the person constructing the
facility for the taxpayer shall not be treated as an amount expended for such
facility.</text>
</subparagraph><subparagraph id="ID6560be70e8914b2a9e1816aa8a4d7af6"><enum>(C)</enum><header>Limitation for
facilities or components which are not self-constructed</header>
<clause id="IDa6a9eb06034a45469facac296e1638dc"><enum>(i)</enum><header>In
general</header><text>In the case of a facility or a component of a facility
which is not self-constructed, the amount taken into account under paragraph
(1)(B) for any taxable year shall not exceed the excess of—</text>
<subclause id="ID93b521aba9864bfe9bed783c3cd73855"><enum>(I)</enum><text>the product of
the overall cost to the taxpayer of the facility or component of a facility,
multiplied by the percentage of completion of the facility or component of a
facility, less</text>
</subclause><subclause id="IDf652ff0c15dd4b009fd1aa2773026181"><enum>(II)</enum><text>the amount taken
into account under paragraph (1)(B) for all prior taxable years as to such
facility or component of a facility.</text>
</subclause></clause><clause id="ID5b3a4326693e4125a9c12812dfba6d69"><enum>(ii)</enum><header>Carryover of
certain amounts</header><text>In the case of a facility or component of a
facility which is not self-constructed, if for the taxable year the amount
which (but for clause (i)) would have been taken into account under paragraph
(1)(B) exceeds the amount allowed by clause (i), then the amount of such excess
shall increase the amount taken into account under paragraph (1)(B) for the
succeeding taxable year without regard to this paragraph.</text>
</clause></subparagraph><subparagraph id="ID95a58ae1e97b4595a990a7235d08ca56"><enum>(D)</enum><header>Determination
of percentage of completion</header><text>The determination under subparagraph
(C) of the portion of the overall cost to the taxpayer of the construction
which is properly attributable to construction completed during any taxable
year shall be made on the basis of engineering or architectural estimates or on
the basis of cost accounting records, using information available at the close
of the taxable year in which the credit is being claimed.</text>
</subparagraph><subparagraph id="IDc8fd24de3d5f42fd88a5bfa3eabf2551"><enum>(E)</enum><header>Determination
of overall cost</header><text>The determination under subparagraph (C) of the
overall cost to the taxpayer of the construction of a facility shall be made on
the basis of engineering or architectural estimates or on the basis of cost
accounting records, using information available at the close of the taxable
year in which the credit is being claimed.</text>
</subparagraph><subparagraph id="IDcf9ef5eb1c134d489d6de0585a89a5e5"><enum>(F)</enum><header>No progress
expenditures for property for year placed in service, etc</header><text>In the
case of any qualified nuclear facility, no qualified nuclear facility
expenditures shall be taken into account under this subsection for the earlier
of—</text>
<clause id="ID165a94ae6a3446129c3f87203da02b13"><enum>(i)</enum><text>the taxable year
in which the facility is placed in service, or</text>
</clause><clause id="ID12dabb9acc9645cf81039d443414f5db"><enum>(ii)</enum><text>the first
taxable year for which recapture is required under section 50(a)(2) with
respect to such facility or for any taxable year thereafter.</text>
</clause></subparagraph></paragraph><paragraph id="ID646dbfd580fd47f8a439ae9aa4f0000c"><enum>(3)</enum><header>Self-constructed</header><text>For
purposes of this subsection—</text>
<subparagraph id="IDa3c1a633041d4a4abb5d153eb939f976"><enum>(A)</enum><text>The term
<term>self-constructed facility</term> means any facility if, at the close of
the first taxable year to which the election in this subsection applies, it is
reasonable to believe that more than 80 percent of the qualified nuclear
facility expenditures for such facility will be made directly by the
taxpayer.</text>
</subparagraph><subparagraph id="IDd33981f773e14434a0500e0f2d2410ae"><enum>(B)</enum><text>A component of a
facility shall be treated as not self-constructed if, at the close of the first
taxable year in which expenditures for the component are paid, it is reasonable
to believe that the cost of the component is at least 5 percent of the expected
cost of the facility.</text>
</subparagraph></paragraph><paragraph id="IDff2caff047f64339ae7a14a6dd42ebae"><enum>(4)</enum><header>Election</header><text>An
election shall be made under this subsection for a qualified nuclear power
facility by claiming the nuclear power facility construction credit for
expenditures described in paragraph (1) on the taxpayer’s return of the tax
imposed by this chapter for the taxable year. Such an election shall apply to
the taxable year for which made and all subsequent taxable years. Such an
election, once made, may be revoked only with the consent of the
Secretary.</text>
</paragraph></subsection><subsection id="ID29f6a23d5e9944638318a7673a5d307f"><enum>(d)</enum><header>Definitions and
special rules</header><text>For purposes of this section—</text>
<paragraph id="ID4ceac1dc977a4bfc8b7ae232f65aa2c0"><enum>(1)</enum><header>Qualified
nuclear power facility</header><text>The term <term>qualified nuclear power
facility</term> means a facility which, when placed in service, will use
nuclear power to produce electricity, the reactor design for which was approved
after December 31, 1993 by the Nuclear Regulatory Commission (and such design
or a substantially similar design of comparable capacity was not approved on or
before such date), and the construction of which was approved by the Nuclear
Regulatory Commission on or before December 31, 2013.</text>
</paragraph><paragraph id="ID3cfe20b3810e414b83a5f1daa504c82e"><enum>(2)</enum><header>Qualified
nuclear power facility expenditures</header>
<subparagraph id="ID61065a3e0d4549e792507970f5cdb3a9"><enum>(A)</enum><header>In
general</header><text>The term <term>qualified nuclear power facility
expenditures</term> means any amount paid, accrued, or properly chargeable to
capital account—</text>
<clause id="IDef0a9bcb56dd40fb8935e73ea56b01c3"><enum>(i)</enum><text>with respect to a
qualified nuclear power facility,</text>
</clause><clause id="IDb1241a80c1744bcfad1a348c1a87d129"><enum>(ii)</enum><text>for which
depreciation will be allowable under section 168 once the facility is placed in
service, and</text>
</clause><clause id="ID0de9b76253664e77b232704ee8869d17"><enum>(iii)</enum><text>which is
incurred before the qualified nuclear power facility is placed in service or in
connection with the placement of such facility in service.</text>
</clause></subparagraph><subparagraph id="ID7edaad42af0c4e4e8cfa7648b35c2ec6"><enum>(B)</enum><header>Pre-effective
date expenditures</header><text>Qualified nuclear power facility expenditures
do not include any expenditures incurred by the taxpayer before January 1,
2008, to the extent that, at the close of the first taxable year to which the
election in subsection (c) applies, it is reasonable to believe that such
expenditures will constitute more than 20 percent of the total qualified
nuclear power facility expenditures.</text>
</subparagraph></paragraph><paragraph id="IDbf603182957c4a2fa775714a42eca552"><enum>(3)</enum><header>Delays and
suspension of construction</header>
<subparagraph id="ID346370733b55453eb72508690f3eff25"><enum>(A)</enum><header>In
general</header><text>Except as provided in section 50(a)(2)(C) and except for
sales or dispositions between entities which meet the ownership test in section
1504(a), for purposes of applying this section and section 50, a nuclear power
facility that is under construction shall cease, with respect to the taxpayer,
to be a qualified nuclear power facility as of the date on which the taxpayer
sells, disposes of, or cancels, abandons, or otherwise terminates the
construction of, the facility.</text>
</subparagraph><subparagraph id="IDec9322f466a9463bb328e280ea04529e"><enum>(B)</enum><header>Resumption of
construction</header><text>If a nuclear power facility that is under
construction ceases, with respect to the taxpayer, to be a qualified nuclear
power facility by reason of subparagraph (A) and work is subsequently resumed
on the construction of such facility the qualified nuclear power facility
expenditures shall be determined without regard to any delay or temporary
termination of construction of the facility.</text>
</subparagraph></paragraph></subsection><subsection id="IDa1fb037df4c34deb80d447adfaea5ce8"><enum>(e)</enum><header>Application of
other rules</header><text>Rules similar to the rules of subsections (c)(4) and
(d) of section 46 (as in effect on the day before the enactment of the Revenue
Reconciliation Act of 1990) shall apply for purposes of this section to the
extent not inconsistent
herewith.</text>
</subsection></section><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="ID232d0a3b10904387bff515e686cf7119"><enum>(c)</enum><header>Provisions
relating to credit recapture</header>
<paragraph id="ID362f91ef57d5468c951b8ec7fa86397b"><enum>(1)</enum><header>Progress
expenditure recapture rules</header>
<subparagraph id="IDedf6d5ffec1347aa84b55b8175e41b0d"><enum>(A)</enum><header>Basic
rules</header><text>Subparagraph (A) of section 50(a)(2) of the Internal
Revenue Code of 1986 is amended to read as follows:</text>
<quoted-block display-inline="no-display-inline" id="id59176FB776CC48E691F424479CC8DE3C" style="OLC">
<subparagraph id="ID3f3701d65f3a4da8a9349c343107c3a5"><enum>(A)</enum><header>In
general</header><text>If during any taxable year any building to which section
47(d) applied or any facility to which section 48F(c) applied ceases (by reason
of sale or other disposition, cancellation or abandonment of contract, or
otherwise) to be, with respect to the taxpayer, property which, when placed in
service, will be a qualified rehabilitated building or a qualified nuclear
power facility, then the tax under this chapter for such taxable year shall be
increased by an amount equal to the aggregate decrease in the credits allowed
under section 38 for all prior taxable years which would have resulted solely
from reducing to zero the credit determined under this subpart with respect to
such building or
facility.</text>
</subparagraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subparagraph><subparagraph id="IDc7bc1c3eca9440059fd1f1ad6fe856f0"><enum>(B)</enum><header>Amendment to
excess credit recapture rule</header><text>Subparagraph (B) of section 50(a)(2)
of such Code is amended by—</text>
<clause id="ID7d0e2fc0032a4cda9bed496d01043652"><enum>(i)</enum><text>inserting
<quote>or paragraph (2) of section 48F(b)</quote> after <quote>paragraph (2) of
section 47(b)</quote>,</text>
</clause><clause id="ID53986afd0a9a47b08434bfdfe7f6ae20"><enum>(ii)</enum><text>inserting
<quote>or section 48F(b)(1)</quote> after <quote>section 47(b)(1)</quote>,
and</text>
</clause><clause id="IDb5f755ec3c234096a8b26833a246822a"><enum>(iii)</enum><text>inserting
<quote>or facility</quote> after <quote>building</quote>.</text>
</clause></subparagraph><subparagraph id="ID1dce0ecde1324d328195d75fc34a66f7"><enum>(C)</enum><header>Amendment of
sale and leaseback rule</header><text>Subparagraph (C) of section 50(a)(2) of
such Code is amended by—</text>
<clause id="ID8720e1c79cdc416db50b6d550dd81ea4"><enum>(i)</enum><text>inserting
<quote>or section 48F(c)</quote> after <quote>section 47(d)</quote>, and</text>
</clause><clause id="ID1a17a3b1369c4e69ad9c3b7faab93fd7"><enum>(ii)</enum><text>inserting
<quote>or qualified nuclear power facility expenditures</quote> after
<quote>qualified rehabilitation expenditures</quote>.</text>
</clause></subparagraph><subparagraph id="IDb3af10dd51064ea081c22cdf441cec29"><enum>(D)</enum><header>Other
amendment</header><text>Subparagraph (D) of section 50(a)(2) of such Code is
amended by inserting <quote>or section 48F(c)</quote> after <quote>section
47(d)</quote>.</text>
</subparagraph></paragraph></subsection><subsection id="ID56e0d0c2387d4a169bc583535194038a"><enum>(d)</enum><header>No basis
adjustment</header><text>Section 50(c) of the Internal Revenue Code of 1986 is
amended by adding at the end the following new paragraph:</text>
<quoted-block display-inline="no-display-inline" id="idAA7BE5487AB7459A86EFBCB3311FC0CD" style="OLC">
<paragraph id="ID44e9b77674c3420b812601ae657d2f8d"><enum>(6)</enum><header>Nuclear power
facility construction credit</header><text>This subsection shall not apply to
the nuclear power facility construction
credit.</text>
</paragraph><after-quoted-block>.</after-quoted-block></quoted-block>
</subsection><subsection id="idED2887C476004EE19CE74AA1D5C79CAE"><enum>(e)</enum><header>Application of
section 49</header><text>Subparagraph (C) of section 49(a)(1) of the Internal
Revenue Code of 1986, as amended by this Act, is amended—</text>
<paragraph id="id6DBBB7AD27454385A671E08CD1E9805B"><enum>(1)</enum><text>by striking
<quote>and</quote> at the end of clause (vi),</text>
</paragraph><paragraph id="id203F175971B14A73A85A8A2C09DBFA9E"><enum>(2)</enum><text>by striking the
period at the end of clause (vii) and inserting <quote>, and</quote>,
and</text>
</paragraph><paragraph id="idE565736451394E1BA4E1B8B14A864FB1"><enum>(3)</enum><text>by inserting
after clause (vii) the following new clause:</text>
<quoted-block act-name="" id="idE93B6A5021EA45FD9C2CA0F317D83080" style="OLC">
<clause id="idE0AE9947CC8542C6B7B149EBC913BA2F"><enum>(viii)</enum><text>the basis of
any property which is part of a qualified nuclear power facility under section
48F.</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection id="IDab4e751a4fa44394b537fb09c57c7c5d"><enum>(f)</enum><header>Clerical
amendment</header><text>The table of sections for subpart E of part IV of
subchapter A of chapter 1 of the Internal Revenue Code of 1986, as amended by
this Act, is amended by inserting after the item relating to section 48E the
following new item:</text>
<toc>
<toc-entry bold="off" level="section">“Sec. 48F. Nuclear power
facility construction credit.”.</toc-entry>
</toc>
</subsection><subsection id="IDccb8bafbe8a243f381cdf2ad3ea75de4"><enum>(g)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to
expenditures incurred and property placed in service in taxable years beginning
after the date of enactment of this Act.</text>
</subsection></section><section id="id745E37D0F61D478EB174998DEBD12199"><enum>712.</enum><header>5-year
accelerated depreciation for new nuclear power facilities</header>
<subsection id="id0EB8CDFDFD23466C90D2F8E299C08792"><enum>(a)</enum><header>In
general</header><text>Subparagraph (B) of section 168(e)(3) of the Internal
Revenue Code of 1986 (relating to 5-year property) is amended—</text>
<paragraph id="idEC7287BDC0C8420A9E62BA64E0AC61DF"><enum>(1)</enum><text>by striking
<quote>and</quote> at the end of clause (v),</text>
</paragraph><paragraph id="id9F080E361D8640E1983FD6414219AAE6"><enum>(2)</enum><text>by striking the
period at the end of clause (vi) and inserting <quote>, and</quote>, and</text>
</paragraph><paragraph id="idB0945A698EDE43FA96A6D7FCA0F9A8F7"><enum>(3)</enum><text>by adding at the
end the following new clause:</text>
<quoted-block act-name="" id="id7EC4CFB74F9B4773B67244DE202E6CF1" style="OLC">
<clause id="id783655FB126647D9A37DE8824EC19849"><enum>(vii)</enum><text>any qualified
nuclear power facility described in section
48F(d)(1).</text>
</clause><after-quoted-block>.</after-quoted-block></quoted-block>
</paragraph></subsection><subsection commented="no" display-inline="no-display-inline" id="idE05011F1B8B34C36A3B940CD036DF30B"><enum>(b)</enum><header>Effective
date</header><text>The amendments made by this section shall apply to property
placed in service in taxable years beginning after the date of the enactment of
this Act.</text>
</subsection></section></subtitle><enum>VIII</enum><header>Leasing
program for land within Coastal Plain</header>
<section id="ID241a71fb0cf34ab5ab90d3a1c81479a3"><enum>801.</enum><header>Definitions</header><text display-inline="no-display-inline">In this title:</text>
<paragraph id="ID120f28b5de544e77b91b47e04278129b"><enum>(1)</enum><header>Coastal
Plain</header><text>The term <term>Coastal Plain</term> means that area
identified as the <quote>1002 Coastal Plain Area</quote> on the map.</text>
</paragraph><paragraph id="IDd50875297ee446bfa4658dd73d833cfa"><enum>(2)</enum><header>Federal
agreement</header><text>The term <term>Federal Agreement</term> means the
Federal Agreement and Grant Right-of-Way for the Trans-Alaska Pipeline issued
on January 23, 1974, in accordance with section 28 of the Mineral Leasing Act
(30 U.S.C. 185) and the Trans-Alaska Pipeline Authorization Act (43 U.S.C. 1651
et seq.).</text>
</paragraph><paragraph id="IDd9454d7e36294e619b08a572f2817370"><enum>(3)</enum><header>Final
statement</header><text>The term <term>Final Statement</term> means the final
legislative environmental impact statement on the Coastal Plain, dated April
1987, and prepared pursuant to section 1002 of the Alaska National Interest
Lands Conservation Act (16 U.S.C. 3142) and section 102(2)(C) of the National
Environmental Policy Act of 1969 (42 U.S.C. 4332(2)(C)).</text>
</paragraph><paragraph id="IDe17cf20a0ec847c582d88c3c1b14dd16"><enum>(4)</enum><header>Map</header><text>The
term <term>map</term> means the map entitled <quote>Arctic National Wildlife
Refuge</quote>, dated September 2005, and prepared by the United States
Geological Survey.</text>
</paragraph><paragraph id="ID29601b06aca545bdb7f0da6c5d8786ef"><enum>(5)</enum><header>Secretary</header><text>The
term <term>Secretary</term> means the Secretary of the Interior (or the
designee of the Secretary), acting through the Director of the Bureau of Land
Management in consultation with the Director of the United States Fish and
Wildlife Service and in coordination with a State coordinator appointed by the
Governor of the State of Alaska.</text>
</paragraph></section><section id="ID9b5767e775ff4f559ef4a7c2077f0890"><enum>802.</enum><header>Leasing
program for land within the Coastal Plain</header>
<subsection id="IDa98a753fd6764f18932870f6f27e8940"><enum>(a)</enum><header>In
general</header>
<paragraph id="IDb3f34f826eda460bb894d2b914edfb7f"><enum>(1)</enum><header>Authorization</header><text>Congress
authorizes the exploration, leasing, development, production, and economically
feasible and prudent transportation of oil and gas in and from the Coastal
Plain.</text>
</paragraph><paragraph id="ID7efec9e548104af99aa49d5666e17540"><enum>(2)</enum><header>Actions</header><text>The
Secretary shall take such actions as are necessary—</text>
<subparagraph id="ID681cde26496544238ef2411ce2dc7c4d"><enum>(A)</enum><text>to establish and
implement, in accordance with this title, a competitive oil and gas leasing
program that will result in an environmentally sound program for the
exploration, development, and production of the oil and gas resources of the
Coastal Plain while taking into consideration the interests and concerns of
residents of the Coastal Plain, which is the homeland of the Kaktovikmiut
Inupiat; and</text>
</subparagraph><subparagraph id="ID2d3ef94362f6430a91aadf00cdc94427"><enum>(B)</enum><text>to administer
this title through regulations, lease terms, conditions, restrictions,
prohibitions, stipulations, and other provisions that—</text>
<clause id="IDb078a7c77a4840669a66b4bff7382f55"><enum>(i)</enum><text>ensure the oil
and gas exploration, development, and production activities on the Coastal
Plain will result in no significant adverse effect on fish and wildlife, their
habitat, subsistence resources, and the environment; and</text>
</clause><clause id="ID5fc2f8d71fb94bf5a27feb59cdb46592"><enum>(ii)</enum><text>require the
application of the best commercially available technology for oil and gas
exploration, development, and production to all exploration, development, and
production operations under this title in a manner that ensures the receipt of
fair market value by the public for the mineral resources to be leased.</text>
</clause></subparagraph></paragraph></subsection><subsection id="IDfe3bb5eaf5304004aace9ae17a0e5b6b"><enum>(b)</enum><header>Repeal</header>
<paragraph id="ID1e16dad18e3a4381bcc44a1a24c9cb81"><enum>(1)</enum><header>Repeal</header><text>Section
1003 of the Alaska National Interest Lands Conservation Act (16 U.S.C. 3143) is
repealed.</text>
</paragraph><paragraph id="IDa6f4d1f6419e40ae97cebe40fe5c99e8"><enum>(2)</enum><header>Conforming
amendment</header><text>The table of contents contained in section 1 of that
Act (16 U.S.C. 3101 note) is amended by striking the item relating to section
1003.</text>
</paragraph></subsection><subsection id="ID97747d45de5743919e8f60e73f30c608"><enum>(c)</enum><header>Compliance with
requirements under certain other laws</header>
<paragraph id="ID3d07d0e1121a406ab4bedd51d20df333"><enum>(1)</enum><header>Compatibility</header><text>For
purposes of the National Wildlife Refuge System Administration Act of 1966 (16
U.S.C. 668dd et seq.)—</text>
<subparagraph id="ID96718db4500c4cf89dfd326589f329f8"><enum>(A)</enum><text>the oil and gas
pre-leasing and leasing program, and activities authorized by this section in
the Coastal Plain, shall be considered to be compatible with the purposes for
which the Arctic National Wildlife Refuge was established; and</text>
</subparagraph><subparagraph id="IDe87ab912fc8a4a53b330aa9e6fdf7e57"><enum>(B)</enum><text>no further
findings or decisions shall be required to implement that program and those
activities.</text>
</subparagraph></paragraph><paragraph id="ID880269733a03466aa0d9d3aa3b8c907e"><enum>(2)</enum><header>Adequacy of the
department of the interior's legislative environmental impact
statement</header><text>The Final Statement shall be considered to satisfy the
requirements under the National Environmental Policy Act of 1969 (42 U.S.C.
4321 et seq.) that apply with respect to preleasing activities, including
exploration programs and actions authorized to be taken by the Secretary to
develop and promulgate the regulations for the establishment of a leasing
program authorized by this title before the conduct of the first lease
sale.</text>
</paragraph><paragraph id="ID3b9ab906d45b4f6c943334b5177147b4"><enum>(3)</enum><header>Compliance with
nepa for other actions</header>
<subparagraph id="ID1047682d90be480ca8f8b6841287c86d"><enum>(A)</enum><header>In
general</header><text>Before conducting the first lease sale under this title,
the Secretary shall prepare an environmental impact statement in accordance
with the National Environmental Policy Act of 1969 (42 U.S.C. 4321 et seq.)
with respect to the actions authorized by this title that are not referred to
in paragraph (2).</text>
</subparagraph><subparagraph id="IDa6816ad1816a4a9c8560182a33d5fd3e"><enum>(B)</enum><header>Identification
and analysis</header><text>Notwithstanding any other provision of law, in
carrying out this paragraph, the Secretary shall not be required—</text>
<clause id="ID75b52e855e8d43f7964a3274494586f0"><enum>(i)</enum><text>to
identify nonleasing alternative courses of action; or</text>
</clause><clause id="ID79d4797014a04e3aa3d79a72cacf8f6e"><enum>(ii)</enum><text>to
analyze the environmental effects of those courses of action.</text>
</clause></subparagraph><subparagraph id="IDde77ae728bd644e7adf8f7d8c2a5b36f"><enum>(C)</enum><header>Identification
of preferred action</header><text>Not later than 18 months after the date of
enactment of this Act, the Secretary shall—</text>
<clause id="IDdf27001ebda24044abca4a7f7e89a4fa"><enum>(i)</enum><text>identify only a
preferred action and a single leasing alternative for the first lease sale
authorized under this title; and</text>
</clause><clause id="ID5db0b920ac994ae697ec079c012d34ca"><enum>(ii)</enum><text>analyze the
environmental effects and potential mitigation measures for those 2
alternatives.</text>
</clause></subparagraph><subparagraph id="ID2847ddd2560044429e7d3bf460c04c12"><enum>(D)</enum><header>Public
comments</header><text>In carrying out this paragraph, the Secretary shall
consider only public comments that are filed not later than 20 days after the
date of publication of a draft environmental impact statement.</text>
</subparagraph><subparagraph id="ID46ad47956e0749dcaa6daa81f2960b4d"><enum>(E)</enum><header>Effect of
compliance</header><text>Notwithstanding any other provision of law, compliance
with this paragraph shall be considered to satisfy all requirements for the
analysis and consideration of the environmental effects of proposed leasing
under this title.</text>
</subparagraph></paragraph></subsection><subsection id="IDfac7e7716e824aa3b54192669937b39d"><enum>(d)</enum><header>Relationship to
State and local authority</header><text>Nothing in this title expands or limits
any State or local regulatory authority.</text>
</subsection><subsection id="IDf21d7f9e21034b828475468402e62080"><enum>(e)</enum><header>Special
areas</header>
<paragraph id="ID022fed2baa2e490bb5bb65ff2961f638"><enum>(1)</enum><header>Designation</header>
<subparagraph id="ID90d74a1bdcda433ab83a2a8ec21d670a"><enum>(A)</enum><header>In
general</header><text>The Secretary, after consultation with the State of
Alaska, the North Slope Borough, Alaska, and the City of Kaktovik, Alaska, may
designate not more than 45,000 acres of the Coastal Plain as a special area if
the Secretary determines that the special area would be of such unique
character and interest as to require special management and regulatory
protection.</text>
</subparagraph><subparagraph id="ID497b7fbad5bf432fb81a9539a5acac79"><enum>(B)</enum><header>Sadlerochit
spring area</header><text>The Secretary shall designate as a special area in
accordance with subparagraph (A) the Sadlerochit Spring area, comprising
approximately 4,000 acres as depicted on the map.</text>
</subparagraph></paragraph><paragraph id="ID4d6ddb46956747a5bef561b1f203c55c"><enum>(2)</enum><header>Management</header><text>The
Secretary shall manage each special area designated under this subsection in a
manner that—</text>
<subparagraph id="ID1528d0c2c6a84be1969e4711c26ae15f"><enum>(A)</enum><text>respects and
protects the Native people of the area; and</text>
</subparagraph><subparagraph id="ID92e20252804a4897b2a477a246deeb9a"><enum>(B)</enum><text>preserves the
unique and diverse character of the area, including fish, wildlife, subsistence
resources, and cultural values of the area.</text>
</subparagraph></paragraph><paragraph id="ID35267c45c6aa4c978de50022aabb0a8c"><enum>(3)</enum><header>Exclusion from
leasing or surface occupancy</header>
<subparagraph id="ID115ed019de334ba5b6320f4ab928e011"><enum>(A)</enum><header>In
general</header><text>The Secretary may exclude any special area designated
under this subsection from leasing.</text>
</subparagraph><subparagraph id="IDba10dd3ab6794166ad9606a1294f72ae"><enum>(B)</enum><header>No surface
occupancy</header><text>If the Secretary leases all or a portion of a special
area for the purposes of oil and gas exploration, development, production, and
related activities, there shall be no surface occupancy of the land comprising
the special area.</text>
</subparagraph></paragraph><paragraph id="IDff28c7c737484738b1e585f0f20a7972"><enum>(4)</enum><header>Directional
drilling</header><text>Notwithstanding any other provision of this subsection,
the Secretary may lease all or a portion of a special area under terms that
permit the use of horizontal drilling technology from sites on leases located
outside the special area.</text>
</paragraph></subsection><subsection id="ID27a0c63a4adc4d8b97e3deb307db1aef"><enum>(f)</enum><header>Limitation on
closed areas</header><text>The Secretary may not close land within the Coastal
Plain to oil and gas leasing or to exploration, development, or production
except in accordance with this title.</text>
</subsection><subsection id="ID9cc64cfd241741f8bd276916e4c6509e"><enum>(g)</enum><header>Regulations</header>
<paragraph id="IDa81bfe82f19743138217aeb98c094d86"><enum>(1)</enum><header>In
general</header><text>Not later than 15 months after the date of enactment of
this Act, in consultation with appropriate agencies of the State of Alaska, the
North Slope Borough, Alaska, and the City of Kaktovik, Alaska, the Secretary
shall issue such regulations as are necessary to carry out this title,
including rules and regulations relating to protection of the fish and
wildlife, fish and wildlife habitat, and subsistence resources of the Coastal
Plain.</text>
</paragraph><paragraph id="IDdeb5a3bead604261a4e119d93d9f7f45"><enum>(2)</enum><header>Revision of
regulations</header><text>The Secretary may periodically review and, as
appropriate, revise the rules and regulations issued under paragraph (1) to
reflect any significant scientific or engineering data that come to the
attention of the Secretary.</text>
</paragraph></subsection></section><section id="ID28b48aad22c94321af55876c78fa87b8"><enum>803.</enum><header>Lease
sales</header>
<subsection id="IDf3ec9923fdfe472e9a029f82dbe04d0d"><enum>(a)</enum><header>In
General</header><text>Land may be leased pursuant to this title to any person
qualified to obtain a lease for deposits of oil and gas under the Mineral
Leasing Act (30 U.S.C. 181 et seq.).</text>
</subsection><subsection id="ID78b7e62bd0f34c0893c283ebfaab5dd2"><enum>(b)</enum><header>Procedures</header><text>The
Secretary shall, by regulation, establish procedures for—</text>
<paragraph id="IDb4df04232f734e18ae52d0d5015110e8"><enum>(1)</enum><text>receipt and
consideration of sealed nominations for any area in the Coastal Plain for
inclusion in, or exclusion (as provided in subsection (c)) from, a lease
sale;</text>
</paragraph><paragraph id="ID2db29b92157941de8ab53dde2bbb6500"><enum>(2)</enum><text>the holding of
lease sales after that nomination process; and</text>
</paragraph><paragraph id="ID4cde5638136b4e24b0afe71185c9ea77"><enum>(3)</enum><text>public notice of
and comment on designation of areas to be included in, or excluded from, a
lease sale.</text>
</paragraph></subsection><subsection id="ID7b87fe601e904e62a0a9f734ebcd8823"><enum>(c)</enum><header>Lease Sale
Bids</header><text>Bidding for leases under this title shall be by sealed
competitive cash bonus bids.</text>
</subsection><subsection id="IDafe9f715324a4ae581a6e4f012a91aae"><enum>(d)</enum><header>Acreage minimum
in first sale</header><text>For the first lease sale under this title, the
Secretary shall offer for lease those tracts the Secretary considers to have
the greatest potential for the discovery of hydrocarbons, taking into
consideration nominations received pursuant to subsection (b)(1), but in no
case less than 200,000 acres.</text>
</subsection><subsection id="IDe90fd277b65c43f9821c16f3ee855bc3"><enum>(e)</enum><header>Timing of Lease
Sales</header><text>The Secretary shall—</text>
<paragraph id="ID40d6d7ceff6c4603b6a4ff9c6f8280b0"><enum>(1)</enum><text>not later than 22
months after the date of enactment of this Act, conduct the first lease sale
under this title;</text>
</paragraph><paragraph id="ID54d938163b4849c59296e39922a1fd42"><enum>(2)</enum><text>not later than
September 30, 2012, conduct a second lease sale under this title; and</text>
</paragraph><paragraph id="ID1f1f69f9c3864e478fb15a760911a8b5"><enum>(3)</enum><text>conduct
additional sales at appropriate intervals if sufficient interest in exploration
or development exists to warrant the conduct of the additional sales.</text>
</paragraph></subsection></section><section id="IDf2b2bfd6530f4742b38dd49f63026c17"><enum>804.</enum><header>Grant of
leases by the Secretary</header>
<subsection id="ID111a5275000f451db4553c4cac14b08c"><enum>(a)</enum><header>In
General</header><text>Upon payment by a lessee of such bonus as may be accepted
by the Secretary, the Secretary may grant to the highest responsible qualified
bidder in a lease sale conducted pursuant to section 803 a lease for any land
on the Coastal Plain.</text>
</subsection><subsection id="ID3dcaa7cae50b48a58df90bca1e456613"><enum>(b)</enum><header>Subsequent
transfers</header>
<paragraph id="ID79169aeb2c07450187ec887094990045"><enum>(1)</enum><header>In
general</header><text>No lease issued under this title may be sold, exchanged,
assigned, sublet, or otherwise transferred except with the approval of the
Secretary.</text>
</paragraph><paragraph id="ID78941895cf5b44078f6ffcc1d6b50ace"><enum>(2)</enum><header>Condition for
approval</header><text>Before granting any approval described in paragraph (1),
the Secretary shall consult with and give due consideration to the opinion of
the Attorney General.</text>
</paragraph></subsection></section><section id="ID29448590ab7648338f8ecf180c3284fb"><enum>805.</enum><header>Lease terms
and conditions</header>
<subsection id="IDd1e058a8d5274604a7b49b90934df48c"><enum>(a)</enum><header>In
General</header><text>An oil or gas lease issued pursuant to this title
shall—</text>
<paragraph id="ID6dbc3e1fe5c74f89ae17b75fd5c662ce"><enum>(1)</enum><text>provide for the
payment of a royalty of not less than 16<fraction>1/2</fraction> percent of the
amount or value of the production removed or sold from the lease, as determined
by the Secretary in accordance with regulations applicable to other Federal oil
and gas leases;</text>
</paragraph><paragraph id="ID002b087e8f7d453896e9c8456c01e64e"><enum>(2)</enum><text>provide that the
Secretary may close, on a seasonal basis, such portions of the Coastal Plain to
exploratory drilling activities as are necessary to protect caribou calving
areas and other species of fish and wildlife;</text>
</paragraph><paragraph id="ID84c2be19c3ac4aef9266c460e9cf5876"><enum>(3)</enum><text>require that each
lessee of land within the Coastal Plain shall be fully responsible and liable
for the reclamation of land within the Coastal Plain and any other Federal land
that is adversely affected in connection with exploration, development,
production, or transportation activities within the Coastal Plain conducted by
the lessee or by any of the subcontractors or agents of the lessee;</text>
</paragraph><paragraph id="IDa524192f1d314ffab54a2e9bbf51d5ff"><enum>(4)</enum><text>provide that the
lessee may not delegate or convey, by contract or otherwise, that reclamation
responsibility and liability to another person without the express written
approval of the Secretary;</text>
</paragraph><paragraph id="ID8bd9e9032fab498baecc77554b1f1a1f"><enum>(5)</enum><text>provide that the
standard of reclamation for land required to be reclaimed under this title
shall be, to the maximum extent practicable—</text>
<subparagraph id="IDab5341930da14828ad8ac4a3220374fa"><enum>(A)</enum><text>a condition
capable of supporting the uses that the land was capable of supporting prior to
any exploration, development, or production activities; or</text>
</subparagraph><subparagraph id="IDc80d47aee4e343f89acc4a3467a81d0e"><enum>(B)</enum><text>upon application
by the lessee, to a higher or better standard, as approved by the
Secretary;</text>
</subparagraph></paragraph><paragraph id="IDb70adc62418643b0ab7249c78b32d390"><enum>(6)</enum><text>contain terms and
conditions relating to protection of fish and wildlife, fish and wildlife
habitat, subsistence resources, and the environment as required under section
802(a)(2);</text>
</paragraph><paragraph id="ID2012ae05eef4497abfd5d757d710bc08"><enum>(7)</enum><text>provide that each
lessee, and each agent and contractor of a lessee, use their best efforts to
provide a fair share of employment and contracting for Alaska Natives and
Alaska Native Corporations from throughout the State of Alaska, as determined
by the level of obligation previously agreed to in the Federal Agreement;
and</text>
</paragraph><paragraph id="ID63ee22cf50bd494ebe71173ca37a0d5c"><enum>(8)</enum><text>contain such
other provisions as the Secretary determines to be necessary to ensure
compliance with this title and regulations issued under this title.</text>
</paragraph></subsection><subsection id="ID261bb9432f1e4408982c0f30c6478d3a"><enum>(b)</enum><header>Project labor
agreements</header><text>The Secretary, as a term and condition of each lease
under this title, and in recognizing the proprietary interest of the Federal
Government in labor stability and in the ability of construction labor and
management to meet the particular needs and conditions of projects to be
developed under the leases issued pursuant to this title (including the special
concerns of the parties to those leases), shall require that each lessee, and
each agent and contractor of a lessee, under this title negotiate to obtain a
project labor agreement for the employment of laborers and mechanics on
production, maintenance, and construction under the lease.</text>
</subsection></section><section id="ID17d76f916e1e4675b55f79b0da3ebd74"><enum>806.</enum><header>Coastal Plain
environmental protection</header>
<subsection id="ID51f97b2acf364abba498a932d03eedd5"><enum>(a)</enum><header>No significant
adverse effect standard To govern authorized coastal plain
activities</header><text>In accordance with section 802, the Secretary shall
administer this title through regulations, lease terms, conditions,
restrictions, prohibitions, stipulations, or other provisions that—</text>
<paragraph id="ID9be496360e8d4950b45c85b9ca76690d"><enum>(1)</enum><text>ensure, to the
maximum extent practicable, that oil and gas exploration, development, and
production activities on the Coastal Plain will result in no significant
adverse effect on fish and wildlife, fish and wildlife habitat, and the
environment;</text>
</paragraph><paragraph id="IDdd1d2001106147638ac7abcea5703df7"><enum>(2)</enum><text>require the
application of the best commercially available technology for oil and gas
exploration, development, and production on all new exploration, development,
and production operations; and</text>
</paragraph><paragraph id="ID0cf3bb65e05a4dc3ba7e3b93cf4681cc"><enum>(3)</enum><text>ensure that the
maximum surface acreage covered in connection with the leasing program by
production and support facilities, including airstrips and any areas covered by
gravel berms or piers for support of pipelines, does not exceed 2,000 acres on
the Coastal Plain.</text>
</paragraph></subsection><subsection id="IDdf04c6bef78e461aaeab661053615760"><enum>(b)</enum><header>Site-specific
assessment and mitigation</header><text>The Secretary shall require, with
respect to any proposed drilling and related activities on the Coastal Plain,
that—</text>
<paragraph id="ID1529da4bba7c41a898f0041f72a09584"><enum>(1)</enum><text>a site-specific
environmental analysis be made of the probable effects, if any, that the
drilling or related activities will have on fish and wildlife, fish and
wildlife habitat, subsistence resources, subsistence uses, and the
environment;</text>
</paragraph><paragraph id="IDf188124bbe464be6a0ceae705f548220"><enum>(2)</enum><text>a plan be
implemented to avoid, minimize, and mitigate (in that order and to the maximum
extent practicable) any significant adverse effect identified under paragraph
(1); and</text>
</paragraph><paragraph id="IDe966fa0d03aa496fb3cd1ec25932e2ca"><enum>(3)</enum><text>the development
of the plan occur after consultation with—</text>
<subparagraph id="ID39fa80c1573047e4a8e15a80ef158965"><enum>(A)</enum><text>each agency
having jurisdiction over matters mitigated by the plan;</text>
</subparagraph><subparagraph id="IDc8254c1bd91942ea9053eb92a8103d2b"><enum>(B)</enum><text>the State of
Alaska;</text>
</subparagraph><subparagraph id="ID4a8645230c4646a395a883e2e06eb73c"><enum>(C)</enum><text>North Slope
Borough, Alaska; and</text>
</subparagraph><subparagraph id="ID759059271f1e4f9b9d4b5fb5750b403c"><enum>(D)</enum><text>the City of
Kaktovik, Alaska.</text>
</subparagraph></paragraph></subsection><subsection id="ID7cb3ecc9ede9406fb4670f75c56e521d"><enum>(c)</enum><header>Regulations To
protect coastal plain fish and wildlife resources, subsistence users, and the
environment</header><text>Before implementing the leasing program authorized by
this title, the Secretary shall prepare and issue regulations, lease terms,
conditions, restrictions, prohibitions, stipulations, or other measures
designed to ensure, to the maximum extent practicable, that the activities
carried out on the Coastal Plain under this title are conducted in a manner
consistent with the purposes and environmental requirements of this
title.</text>
</subsection><subsection id="ID79af4ef5998a4b0f9792c3b0f11ecb3f"><enum>(d)</enum><header>Compliance with
Federal and State environmental laws and other requirements</header><text>The
proposed regulations, lease terms, conditions, restrictions, prohibitions, and
stipulations for the leasing program under this title shall require—</text>
<paragraph id="IDe65267f1aad84b4297e56540a6fd812f"><enum>(1)</enum><text>compliance with
all applicable provisions of Federal and State environmental law (including
regulations);</text>
</paragraph><paragraph id="IDe240c13f8a0f4068b50a9b1f3f20eef8"><enum>(2)</enum><text>implementation of
and compliance with—</text>
<subparagraph id="ID71d20ede2c554dd5ba814d3a99d2ec7d"><enum>(A)</enum><text>standards that
are at least as effective as the safety and environmental mitigation measures,
as described in items 1 through 29 on pages 167 through 169 of the Final
Statement, on the Coastal Plain;</text>
</subparagraph><subparagraph id="ID74561a1be0dc4f2b8eb094132524d85f"><enum>(B)</enum><text>seasonal
limitations on exploration, development, and related activities, as necessary,
to avoid significant adverse effects during periods of concentrated fish and
wildlife breeding, denning, nesting, spawning, and migration;</text>
</subparagraph><subparagraph id="IDa370496e24764ad383a6199c4055660d"><enum>(C)</enum><text>design safety and
construction standards for all pipelines and any access and service roads that
minimize, to the maximum extent practicable, adverse effects on—</text>
<clause id="IDa415ec46b99941559a52659490eca4dd"><enum>(i)</enum><text>the
passage of migratory species (such as caribou); and</text>
</clause><clause id="ID5203bddc57024e989728e88c9c866b93"><enum>(ii)</enum><text>the flow of
surface water by requiring the use of culverts, bridges, or other structural
devices;</text>
</clause></subparagraph><subparagraph id="IDc79acb4160aa4e919ca63542187f9aae"><enum>(D)</enum><text>prohibitions on
general public access to, and use of, all pipeline access and service
roads;</text>
</subparagraph><subparagraph id="IDf7ceecfcd76445a1bd9f008318877942"><enum>(E)</enum><text>stringent
reclamation and rehabilitation requirements in accordance with this title for
the removal from the Coastal Plain of all oil and gas development and
production facilities, structures, and equipment on completion of oil and gas
production operations, except in a case in which the Secretary determines that
those facilities, structures, or equipment—</text>
<clause id="IDdb9ee9bafa3b4ee2b1d3f363e3e6d1d3"><enum>(i)</enum><text>would assist in
the management of the Arctic National Wildlife Refuge; and</text>
</clause><clause id="IDe1cfdbd777cd4f3a9e83212ba212e6ea"><enum>(ii)</enum><text>are donated to
the United States for that purpose;</text>
</clause></subparagraph><subparagraph id="ID22f4d2fc61d34964bd18a1de1e9bc05d"><enum>(F)</enum><text>appropriate
prohibitions or restrictions on—</text>
<clause id="IDaa63e6ad80184311adf7676893af23ab"><enum>(i)</enum><text>access by all
modes of transportation;</text>
</clause><clause id="IDd6c3cd91ffdf46b2afbedfd6fd33ee18"><enum>(ii)</enum><text>sand and gravel
extraction; and</text>
</clause><clause id="ID51e0d786af4a4ce2a875f9ee4cbf8aa7"><enum>(iii)</enum><text>use of
explosives;</text>
</clause></subparagraph><subparagraph id="IDb2019e8c4fb4460ca7830e91599a665e"><enum>(G)</enum><text>reasonable
stipulations for protection of cultural and archaeological resources;</text>
</subparagraph><subparagraph id="ID9af507ece4d24fb48c6e874510ede8c6"><enum>(H)</enum><text>measures to
protect groundwater and surface water, including—</text>
<clause id="ID7b968cd3404e41cd896ddb35413a0310"><enum>(i)</enum><text>avoidance, to the
maximum extent practicable, of springs, streams, and river systems;</text>
</clause><clause id="IDe1887d2562ef41608dc62d761764ca5a"><enum>(ii)</enum><text>the protection
of natural surface drainage patterns and wetland and riparian habitats;
and</text>
</clause><clause id="IDe6bfe69aefb54486a3e401231a3cb3f0"><enum>(iii)</enum><text>the regulation
of methods or techniques for developing or transporting adequate supplies of
water for exploratory drilling; and</text>
</clause></subparagraph><subparagraph id="IDe56fff96bb3c4856a8a86cec4be2f05e"><enum>(I)</enum><text>research,
monitoring, and reporting requirements;</text>
</subparagraph></paragraph><paragraph id="IDda0cccb7dcb74291b14891d83ba56171"><enum>(3)</enum><text>that exploration
activities (except surface geological studies) be limited to the period between
approximately November 1 and May 1 of each year and be supported, if necessary,
by ice roads, winter trails with adequate snow cover, ice pads, ice airstrips,
and air transport methods (except that those exploration activities may be
permitted at other times if the Secretary determines that the exploration will
have no significant adverse effect on fish and wildlife, fish and wildlife
habitat, subsistence resources, and the environment of the Coastal
Plain);</text>
</paragraph><paragraph id="IDb8f46debdd3d4777abd4f36c055a1642"><enum>(4)</enum><text>consolidation of
facility siting;</text>
</paragraph><paragraph id="ID2ddb5a07b2314866a3e1c220e30f4141"><enum>(5)</enum><text>avoidance or
reduction of air traffic-related disturbance to fish and wildlife;</text>
</paragraph><paragraph id="ID963d928eb20443f784c861abaa13a1e1"><enum>(6)</enum><text>treatment and
disposal of hazardous and toxic wastes, solid wastes, reserve pit fluids,
drilling muds and cuttings, and domestic wastewater, including, in accordance
with applicable Federal and State environmental laws (including
regulations)—</text>
<subparagraph id="IDcbbe36eaa5054bba9ba123d109ed288c"><enum>(A)</enum><text>preparation of an
annual waste management report;</text>
</subparagraph><subparagraph id="IDe8785ed82b9a4c4aaf18d5699eb0c4be"><enum>(B)</enum><text>development and
implementation of a hazardous materials tracking system; and</text>
</subparagraph><subparagraph id="ID56d3afd2e73d46aa89bb4afe87dcb314"><enum>(C)</enum><text>prohibition on
the use of chlorinated solvents;</text>
</subparagraph></paragraph><paragraph id="IDb2d1a8dcabbf48aa8eb790802ee13b30"><enum>(7)</enum><text>fuel storage and
oil spill contingency planning;</text>
</paragraph><paragraph id="ID981447e6f6a343a085bbd36cfde77d05"><enum>(8)</enum><text>conduct of
periodic field crew environmental briefings;</text>
</paragraph><paragraph id="IDd469b66f83e34e4397050bee8fc73eae"><enum>(9)</enum><text>avoidance of
significant adverse effects on subsistence hunting, fishing, and
trapping;</text>
</paragraph><paragraph id="IDe6a3b914d6a84a5bac6aca405ef0eb35"><enum>(10)</enum><text>compliance with
applicable air and water quality standards;</text>
</paragraph><paragraph id="ID63e629ab8301492b9fbdf69b30ec56ba"><enum>(11)</enum><text>appropriate
seasonal and safety zone designations around well sites, within which
subsistence hunting and trapping shall be limited; and</text>
</paragraph><paragraph id="IDd6ea4c0f102f430886df1baa4e060d8f"><enum>(12)</enum><text>development and
implementation of such other protective environmental requirements,
restrictions, terms, or conditions as the Secretary, after consultation with
the State of Alaska, North Slope Borough, Alaska, and the City of Kaktovik,
Alaska, determines to be necessary.</text>
</paragraph></subsection><subsection id="ID8ad7d6d0f96f4c3086e556c3300b2254"><enum>(e)</enum><header>Considerations</header><text>In
preparing and issuing regulations, lease terms, conditions, restrictions,
prohibitions, or stipulations under this section, the Secretary shall take into
consideration—</text>
<paragraph id="ID543e3a3f04c84addb54e776c92e0ca38"><enum>(1)</enum><text>the stipulations
and conditions that govern the National Petroleum Reserve-Alaska leasing
program, as set forth in the 1999 Northeast National Petroleum Reserve-Alaska
Final Integrated Activity Plan/Environmental Impact Statement;</text>
</paragraph><paragraph id="ID551474df67d94cda8eed23db4066687b"><enum>(2)</enum><text>the environmental
protection standards that governed the initial Coastal Plain seismic
exploration program under parts 37.31 through 37.33 of title 50, Code of
Federal Regulations (or successor regulations); and</text>
</paragraph><paragraph id="ID9cad328aa79e4a9eb0b91432630e5c52"><enum>(3)</enum><text>the land use
stipulations for exploratory drilling on the KIC-ASRC private land described in
Appendix 2 of the agreement between Arctic Slope Regional Corporation and the
United States dated August 9, 1983.</text>
</paragraph></subsection><subsection id="ID849b5e496b264fc4a50fbe14a97ac953"><enum>(f)</enum><header>Facility
consolidation planning</header>
<paragraph id="ID3517a64f86e8496cac5e9458cdbeeb8f"><enum>(1)</enum><header>In
general</header><text>After providing for public notice and comment, the
Secretary shall prepare and periodically update a plan to govern, guide, and
direct the siting and construction of facilities for the exploration,
development, production, and transportation of oil and gas resources from the
Coastal Plain.</text>
</paragraph><paragraph id="IDac58883f155448758b4bd9e246c74508"><enum>(2)</enum><header>Objectives</header><text>The
objectives of the plan shall be—</text>
<subparagraph id="ID665da3335b1a47a685741606167d61e6"><enum>(A)</enum><text>the avoidance of
unnecessary duplication of facilities and activities;</text>
</subparagraph><subparagraph id="ID7dd0e6633e17480190af9c164faf7738"><enum>(B)</enum><text>the encouragement
of consolidation of common facilities and activities;</text>
</subparagraph><subparagraph id="ID74fba797433a4646b686d72899516928"><enum>(C)</enum><text>the location or
confinement of facilities and activities to areas that will minimize impact on
fish and wildlife, fish and wildlife habitat, subsistence resources, and the
environment;</text>
</subparagraph><subparagraph id="ID605143d0cccb4fdea404d9b303793474"><enum>(D)</enum><text>the use of
existing facilities, to the maximum extent practicable; and</text>
</subparagraph><subparagraph id="IDf094dd683357407ab6b027f3c3c16ec9"><enum>(E)</enum><text>the enhancement
of compatibility between wildlife values and development activities.</text>
</subparagraph></paragraph></subsection><subsection id="IDd1d9ebee84574a17beab51bc6f2a8a38"><enum>(g)</enum><header>Access to
public land</header><text>The Secretary shall—</text>
<paragraph id="ID4551b654c7e641668d47ff225195cd60"><enum>(1)</enum><text>manage public
land in the Coastal Plain in accordance with subsections (a) and (b) of section
811 of the Alaska National Interest Lands Conservation Act (16 U.S.C. 3121);
and</text>
</paragraph><paragraph id="ID5f51ad4440db4beb9f8f99c5ec007ea6"><enum>(2)</enum><text>ensure that local
residents shall have reasonable access to public land in the Coastal Plain for
traditional uses.</text>
</paragraph></subsection></section><section id="ID75a4656c0b7b4347bcb2c537e10cbe5e"><enum>807.</enum><header>Expedited
judicial review</header>
<subsection id="ID2a91d1501305492e80ddda7adf52649d"><enum>(a)</enum><header>Filing of
complaints</header>
<paragraph id="IDec02c8a886784cf3868b4a87409e69e7"><enum>(1)</enum><header>Deadline</header><text>A
complaint seeking judicial review of a provision of this title or an action of
the Secretary under this title shall be filed—</text>
<subparagraph id="ID28025df8ea1d4b06ab59fca507739d40"><enum>(A)</enum><text>except as
provided in subparagraph (B), during the 90-day period beginning on the date on
which the action being challenged was carried out; or</text>
</subparagraph><subparagraph id="ID3cc14ffb79024d18bf6431fd2fc36414"><enum>(B)</enum><text>in the case of a
complaint based solely on grounds arising after the 90-day period described in
subparagraph (A), during the 90-day period beginning on the date on which the
complainant knew or reasonably should have known about the grounds for the
complaint.</text>
</subparagraph></paragraph><paragraph id="ID49b6a34fe1f84e4f8a5ba9dd02313ded"><enum>(2)</enum><header>Venue</header><text>A
complaint seeking judicial review of a provision of this title or an action of
the Secretary under this title shall be filed in the United States Court of
Appeals for the District of Columbia.</text>
</paragraph><paragraph id="ID6c34aedbf690453989367ae5b0bf8409"><enum>(3)</enum><header>Scope</header>
<subparagraph id="ID540b30eafec7497ca069c2dbf2be74b5"><enum>(A)</enum><header>In
general</header><text>Judicial review of a decision of the Secretary under this
title (including an environmental analysis of such a lease sale) shall
be—</text>
<clause id="ID20720dbc862c4f61b447ca31ddfc82d2"><enum>(i)</enum><text>limited to a
review of whether the decision is in accordance with this title; and</text>
</clause><clause id="ID873902b8c0c1424cbfe2e4fee6d678cb"><enum>(ii)</enum><text>based on the
administrative record of the decision.</text>
</clause></subparagraph><subparagraph id="ID2ef93447a7b048a99b29bdc518d24173"><enum>(B)</enum><header>Presumptions</header><text>Any
identification by the Secretary of a preferred course of action relating to a
lease sale, and any analysis by the Secretary of environmental effects, under
this title shall be presumed to be correct unless proven otherwise by clear and
convincing evidence.</text>
</subparagraph></paragraph></subsection><subsection id="ID0a975cad962a4bc0a1adebdfdf870498"><enum>(b)</enum><header>Limitation on
other review</header><text>Any action of the Secretary that is subject to
judicial review under this section shall not be subject to judicial review in
any civil or criminal proceeding for enforcement.</text>
</subsection></section><section id="IDc878a6a4dba84ebabfa56cd481f21355"><enum>808.</enum><header>Rights-of-way
and easements across Coastal Plain</header><text display-inline="no-display-inline">For purposes of section 1102(4)(A) of the
Alaska National Interest Lands Conservation Act (16 U.S.C. 3162(4)(A)), any
rights-of-way or easements across the Coastal Plain for the exploration,
development, production, or transportation of oil and gas shall be considered
to be established incident to the management of the Coastal Plain under this
section.</text>
</section><section id="ID9103c99bfccb4e389522acc2b6f6fa93"><enum>809.</enum><header>Conveyance</header><text display-inline="no-display-inline">Notwithstanding section 1302(h)(2) of the
Alaska National Interest Lands Conservation Act (16 U.S.C. 3192(h)(2)), to
remove any cloud on title to land, and to clarify land ownership patterns in
the Coastal Plain, the Secretary shall—</text>
<paragraph id="ID3bf64c0beac74f25a97a6334e4d48a3c"><enum>(1)</enum><text>to the extent
necessary to fulfill the entitlement of the Kaktovik Inupiat Corporation under
sections 12 and 14 of the Alaska Native Claims Settlement Act (43 U.S.C. 1611,
1613), as determined by the Secretary, convey to that Corporation the surface
estate of the land described in paragraph (1) of Public Land Order 6959, in
accordance with the terms and conditions of the agreement between the
Secretary, the United States Fish and Wildlife Service, the Bureau of Land
Management, and the Kaktovik Inupiat Corporation, dated January 22, 1993;
and</text>
</paragraph><paragraph id="ID52a52226c6104ef4873c48654e28f36a"><enum>(2)</enum><text>convey to the
Arctic Slope Regional Corporation the remaining subsurface estate to which that
Corporation is entitled under the agreement between that corporation and the
United States, dated August 9, 1983.</text>
</paragraph></section><section id="IDd7ab3d40a3394003b3523f0499a5cbf3"><enum>810.</enum><header>Local
government impact aid and community service assistance</header>
<subsection id="IDe19e305d52124b98a5158bca12121332"><enum>(a)</enum><header>Establishment
of fund</header>
<paragraph id="ID166f9a3e1af0459982dad33f905fece4"><enum>(1)</enum><header>In
general</header><text>As a condition on the receipt of funds under section
812(2), the State of Alaska shall establish in the treasury of the State, and
administer in accordance with this section, a fund to be known as the
<quote>Coastal Plain Local Government Impact Aid Assistance Fund</quote>
(referred to in this section as the <quote>Fund</quote>).</text>
</paragraph><paragraph id="ID46bcedcf3c0e4d37b69eeabc46d5041d"><enum>(2)</enum><header>Deposits</header><text>Subject
to paragraph (1), the Secretary of the Treasury shall deposit into the Fund,
$35,000,000 each year from the amount available under section 812(2)(A).</text>
</paragraph><paragraph id="IDbf40a054eddc40c7872d1f05279c2167"><enum>(3)</enum><header>Investment</header><text>The
Governor of the State of Alaska (referred to in this section as the
<term>Governor</term>) shall invest amounts in the Fund in interest-bearing
securities of the United States or the State of Alaska.</text>
</paragraph></subsection><subsection id="ID7c4e1adacfed43d58e2e1b394d3a9de9"><enum>(b)</enum><header>Assistance</header><text>The
Governor, in cooperation with the Mayor of the North Slope Borough, shall use
amounts in the Fund to provide assistance to North Slope Borough, Alaska, the
City of Kaktovik, Alaska, and any other borough, municipal subdivision,
village, or other community in the State of Alaska that is directly impacted by
exploration for, or the production of, oil or gas on the Coastal Plain under
this title, or any Alaska Native Regional Corporation acting on behalf of the
villages and communities within its region whose lands lie along the right of
way of the Trans Alaska Pipeline System, as determined by the Governor.</text>
</subsection><subsection id="ID62d6486f201745e8ae58a73d85b1341d"><enum>(c)</enum><header>Application</header>
<paragraph id="IDcfe489860e6f41af8c1e4fd48e67384a"><enum>(1)</enum><header>In
general</header><text>To receive assistance under subsection (b), a community
or Regional Corporation described in that subsection shall submit to the
Governor, or to the Mayor of the North Slope Borough, an application in such
time, in such manner, and containing such information as the Governor may
require.</text>
</paragraph><paragraph id="IDdb87ccd5d0ec41429edb308be4852d25"><enum>(2)</enum><header>Action by north
slope borough</header><text>The Mayor of the North Slope Borough shall submit
to the Governor each application received under paragraph (1) as soon as
practicable after the date on which the application is received.</text>
</paragraph><paragraph id="IDa5d12fba2c274c2e839baf147d263430"><enum>(3)</enum><header>Assistance of
Governor</header><text>The Governor shall assist communities in submitting
applications under this subsection, to the maximum extent practicable.</text>
</paragraph></subsection><subsection id="ID6fbb36223b5245b286bdfca5882830d4"><enum>(d)</enum><header>Use of
funds</header><text>A community or Regional Corporation that receives funds
under subsection (b) may use the funds—</text>
<paragraph id="ID1e065c0f58e5443aa472e8f1f5cb827c"><enum>(1)</enum><text>to plan for
mitigation, implement a mitigation plan, or maintain a mitigation project to
address the potential effects of oil and gas exploration and development on
environmental, social, cultural, recreational, and subsistence resources of the
community;</text>
</paragraph><paragraph id="ID77b0bc239ea840c6a70c41abdeccaf9b"><enum>(2)</enum><text>to develop, carry
out, and maintain—</text>
<subparagraph id="ID7f2b0a676480479b8fd157b3aff17581"><enum>(A)</enum><text>a project to
provide new or expanded public facilities; or</text>
</subparagraph><subparagraph id="IDa898bb73a8e84c3bb2a496edc2c5419d"><enum>(B)</enum><text>services to
address the needs and problems associated with the effects described in
paragraph (1), including firefighting, police, water and waste treatment, first
responder, and other medical services;</text>
</subparagraph></paragraph><paragraph id="IDcd778e2f934643d99507683c73c7c43c"><enum>(3)</enum><text>to compensate
residents of the Coastal Plain for significant damage to environmental, social,
cultural, recreational, or subsistence resources; and</text>
</paragraph><paragraph id="IDdff4925db1e94f11b8b8a784477538ef"><enum>(4)</enum><text>in the City of
Kaktovik, Alaska—</text>
<subparagraph id="ID31286837bfe542b7b2dcffe33b0e46a6"><enum>(A)</enum><text>to develop a
mechanism for providing members of the Kaktovikmiut Inupiat community an
opportunity to—</text>
<clause id="ID27d5aac7959b4220a890c6ef863ebc9c"><enum>(i)</enum><text>monitor
development on the Coastal Plain; and</text>
</clause><clause id="ID97e3a108612a4fafabb3a9f74c632f61"><enum>(ii)</enum><text>provide
information and recommendations to the Governor based on traditional aboriginal
knowledge of the natural resources, flora, fauna, and ecological processes of
the Coastal Plain; and</text>
</clause></subparagraph><subparagraph id="ID598527b5f33446429aaafe22e06e4370"><enum>(B)</enum><text>to establish a
local coordination office, to be managed by the Mayor of the North Slope
Borough, in coordination with the City of Kaktovik, Alaska—</text>
<clause id="IDa2162f91198c4d39820482fa52e8d1a7"><enum>(i)</enum><text>to
coordinate with and advise developers on local conditions and the history of
areas affected by development;</text>
</clause><clause id="IDb74375302b814f0d9c8ebfa1522d4d19"><enum>(ii)</enum><text>to
provide to the Committee on Resources of the House of Representatives and the
Committee on Energy and Natural Resources of the Senate annual reports on the
status of the coordination between developers and communities affected by
development;</text>
</clause><clause id="ID62ca858ddcde4ae3b54e290bd949b8c4"><enum>(iii)</enum><text>to collect from
residents of the Coastal Plain information regarding the impacts of development
on fish, wildlife, habitats, subsistence resources, and the environment of the
Coastal Plain; and</text>
</clause><clause id="IDfe9470b04af04c25a9b3713f404f254e"><enum>(iv)</enum><text>to
ensure that the information collected under clause (iii) is submitted
to—</text>
<subclause id="ID1d214ebd196c494ab0475dd238a53e71"><enum>(I)</enum><text>developers;
and</text>
</subclause><subclause id="ID18cf51f160b24eaa996d81ddd0f3d2d5"><enum>(II)</enum><text>any appropriate
Federal agency.</text>
</subclause></clause></subparagraph></paragraph></subsection></section><section id="ID2c555f698b474c52bba66b89a58360ae"><enum>811.</enum><header>Prohibition on
exports</header><text display-inline="no-display-inline">An oil or gas lease
issued under this title shall prohibit the exportation of oil or gas produced
under the lease.</text>
</section><section id="ID2794cc94708349c2949f9902d7a49aa8"><enum>812.</enum><header>Allocation of
revenues</header><text display-inline="no-display-inline">Notwithstanding the
Mineral Leasing Act (30 U.S.C. 181 et seq.) or any other provision of law, of
the adjusted bonus, rental, and royalty receipts from Federal oil and gas
leasing and operations authorized under this title:</text>
<paragraph id="IDaba330d753774e818ec328bdcc9b261a"><enum>(1)</enum><text>50 percent shall
be deposited in the general fund of the Treasury.</text>
</paragraph><paragraph id="ID3db871b9626a494782d61e534493c43d"><enum>(2)</enum><text>The remainder
shall be available as follows:</text>
<subparagraph id="ID6aae97607c68402db911517e6ee811bb"><enum>(A)</enum><text>$35,000,000 shall
be deposited by the Secretary of the Treasury into the fund created under
section 810(a)(1).</text>
</subparagraph><subparagraph commented="no" display-inline="no-display-inline" id="ID44273d0b1ab0467db682ae4e33731818"><enum>(B)</enum><text>The remainder
shall be disbursed to the State of Alaska.</text>
</subparagraph></paragraph></section>