I 111th CONGRESS 1st Session H. R. 2886 IN THE HOUSE OF REPRESENTATIVES June 16, 2009 Mr. Faleomavaega (for himself, Ms. Bordallo, Mrs. Christensen, Mr. Pierluisi, and Mr. Sablan) introduced the following bill; which was referred to the Committee on Ways and Means A BILL To amend the Internal Revenue Code of 1986 to provide the nonbusiness energy property and residential energy efficient property tax incentives to residents of certain possessions of the Unites States and other areas.

1.

Energy tax incentives for residents of certain possessions of the United States and other areas

(a)

Nonbusiness energy property

Subsection (e) of section 25C of the Internal Revenue Code of 1986 is amended by adding at the end the following: (3)

Certain possessions of the United States, etc

For purposes of this section, the term United States includes— (A)Guam, American Samoa, Commonwealth of the Northern Marianas Islands, United States Virgin Islands, and Puerto Rico, (B)Republic of the Marshall Islands, Federated States of Micronesia, and Republic of Palau, and (C)any United States Government installation worldwide, including military bases, embassies and other facilities, whether owned or leased by the United States Government. . (b)

Residential energy efficient property

Subsection (e) of section 25D of such Code is amended by adding at the end the following: (9)

Certain possessions of the United States, etc

For purposes of this section, the term United States includes— (A)Guam, American Samoa, Commonwealth of the Northern Marianas Islands, United States Virgin Islands, and Puerto Rico, (B)Republic of the Marshall Islands, Federated States of Micronesia, and Republic of Palau, and (C)any United States Government installation worldwide, including military bases, embassies and other facilities, whether owned or leased by the United States Government. . (c)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2008.