[Congressional Record Volume 161, Number 185 (Friday, December 18, 2015)]
[Senate]
[Page S8889]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 2938. Mr. CARPER (for himself, Mr. Coons, Mr. Blumenthal, Mr. 
Markey, Mr. Booker, Mr. Schumer, Mr. Bennet, Mr. Cardin, Ms. Cantwell, 
Mr. Murphy, Mr. Sanders, Mr. Casey, Mr. Brown, Mr. Menendez, Ms. 
Hirono, Mr. Donnelly, Mr. Heinrich, Mrs. Shaheen, and Mr. Franken) 
submitted an amendment intended to be proposed by him to the bill H.R. 
2029, making appropriations for military construction, the Department 
of Veterans Affairs, and related agencies for the fiscal year ending 
September 30, 2016, and for other purposes; which was ordered to lie on 
the table; as follows:

       In title III of division P, insert after section 303 the 
     following new section:

     SEC. 303A. EXTENSION OF ENERGY CREDIT FOR OTHER ENERGY 
                   PROPERTY.

       (a) Qualified Fuel Cell Property.--Section 48(c)(1)(D) of 
     the Internal Revenue Code of 1986 is amended by striking 
     ``for any period after December 31, 2016'' and inserting 
     ``the construction of which does not begin before January 1, 
     2022''.
       (b) Qualified Microturbine Property.--Section 48(c)(2)(D) 
     of such Code is amended by striking ``for any period after 
     December 31, 2016'' and inserting ``the construction of which 
     does not begin before January 1, 2022''.
       (c) Combined Heat And Power System Property.--Section 
     48(c)(3)(A)(iv) of such Code is amended by striking ``which 
     is placed in service before January 1, 2017'' and inserting 
     ``construction of which begins before January 1, 2022''.
       (d) Qualified Small Wind Energy Property.--Section 
     48(c)(4)(C) of such Code is amended by striking ``for any 
     period after December 31, 2016'' and inserting ``the 
     construction of which does not begin before January 1, 
     2022''.
       (e) Thermal Energy Property.--Section 48(a)(3)(A)(vii) of 
     such Code is amended by striking ``periods ending'' and 
     inserting ``property the construction of which begins before 
     January 1, 2022''.
       (f) Phaseout of 30 Percent Credit Rate for Fuel Cell and 
     Small Wind Energy Property.--Subsection (a) of section 48 of 
     such Code, as amended by this Act, is amended by adding at 
     the end the following new paragraph:
       ``(7) Phaseout for qualified fuel cell property and 
     qualified small wind energy property.--In th case of 
     qualified fuel cell property or qualified small wind energy 
     property, the construction of which begins before January 1, 
     2022, the energy percentage determined under paragraph (2) 
     shall be equal to--
       ``(A) in the case of any property the construction of which 
     begins after December 31, 2019, and before January 1, 2021, 
     26 percent, and
       ``(B) in the case of any property the construction of which 
     begins after December 31, 2020, and before January 1, 2022, 
     22 percent.''.
       (g) Effective Date.--The amendments made by this section 
     shall take effect on the date of the enactment of this Act.
                                 ______