II 111th CONGRESS 1st Session S. 329 IN THE SENATE OF THE UNITED STATES January 26, 2009 Mr. Leahy introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to extend the nonbusiness energy property credit for property placed in service during 2008.

1.

Extension of nonbusiness energy property credit for property placed in service during 2008

(a)

In general

Subsection (g) of section 25C of the Internal Revenue Code of 1986 is amended to read as follows: (g)

Termination

This section shall not apply with respect to any property placed in service after December 31, 2009. . (b)

Effective date

The amendment made by this section shall apply to property placed in service after December 31, 2007.