[Congressional Record Volume 163, Number 194 (Wednesday, November 29, 2017)]
[Senate]
[Page S7415]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 1616. Mr. HELLER submitted an amendment intended to be proposed by
him to the bill H.R. 1, to provide for reconciliation pursuant to
titles II and V of the concurrent resolution on the budget for fiscal
year 2018; which was ordered to lie on the table; as follows:
At the appropriate place, insert the following:
SEC. ___. EXTENSION OF GEOTHERMAL ENERGY PROPERTY.
(a) Credit Percentage for Geothermal Energy Property.--
Section 48(a)(2)(A)(i)(II) is amended by striking ``paragraph
(3)(A)(i)'' and inserting ``clause (i) or (iii) of paragraph
(3)(A)''.
(b) Phaseout of 30-Percent Credit Rate for Geothermal
Energy Property.--Section 48(a)(6) is amended--
(1) in the heading, by inserting ``and geothermal'' after
``solar'';
(2) in subparagraph (A), by striking ``paragraph
(3)(A)(i)'' and inserting ``clause (i) or (iii) of paragraph
(3)(A)''; and
(3) in subparagraph (B), by striking ``property energy
property described in paragraph (3)(A)(i)'' and inserting
``energy property described in clause (i) or (iii) of
paragraph (3)(A)''.
(c) Effective Date.--The amendments made by this section
shall take effect on January 1, 2017.
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