[Congressional Record Volume 166, Number 42 (Tuesday, March 3, 2020)]
[Senate]
[Page S1328]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

  SA 1378. Ms. HASSAN (for herself and Ms. Collins) submitted an 
amendment intended to be proposed by her to the bill S. 2657, to 
support innovation in advanced geothermal research and development, and 
for other purposes; which was ordered to lie on the table; as follows:

        At the end, add the following:

       TITLE IV--AMENDMENTS TO THE INTERNAL REVENUE CODE OF 1986

     SEC. 4001. UPDATING NEW ENERGY EFFICIENT HOME CREDIT.

       (a) In General.--Section 45L of the Internal Revenue Code 
     of 1986 is amended--
       (1) in subsection (a)(2)--
       (A) in subparagraph (A), by striking ``$2,000'' and 
     inserting ``$2,500''; and
       (B) in subparagraph (B), by inserting ``or (4)'' after 
     ``paragraph (3)'';
       (2) in subsection (b)--
       (A) in paragraph (2)(B), by striking ``this section'' and 
     inserting ``the American Energy Innovation Act of 2020''; and
       (B) by adding at the end the following:
       ``(5) 2018 iecc.--
       ``(A) In general.--The term `2018 IECC' means the 2018 
     International Energy Conservation Code, as such Code 
     (including supplements) is in effect on the date of the 
     enactment of the American Energy Innovation Act of 2020.
       ``(B) Special rule.--For purposes of subsection 
     (c)(1)(B)(i)(I), in determining whether a dwelling unit has 
     been constructed in accordance with the standards of chapter 
     4 of the 2018 IECC by achieving a level of energy efficiency 
     which meets Section R406.4 (N1106.4) of such Code, such 
     determination shall be made without accounting for on-site 
     energy generation.'';
       (3) by striking subsection (c) and inserting the following:
       ``(c) Energy Saving Requirements.--A dwelling unit meets 
     the energy saving requirements of this subsection if such 
     unit--
       ``(1)(A) is certified--
       ``(i) to have a level of annual heating and cooling energy 
     consumption which is at least 60 percent below the annual 
     level of heating and cooling energy consumption of a 
     comparable dwelling unit--
       ``(I) which is constructed in accordance with the standards 
     of chapter 4 of the 2006 International Energy Conservation 
     Code, as such Code (including supplements) is in effect on 
     January 1, 2006, and
       ``(II) for which the heating and cooling equipment 
     efficiencies correspond to the minimum allowed under the 
     regulations established by the Department of Energy pursuant 
     to the National Appliance Energy Conservation Act of 1987 and 
     in effect at the time of completion of construction, and
       ``(ii) to have building envelope component improvements 
     account for at least \1/5\ of such 60 percent, or
       ``(B) is certified--
       ``(i) to have a level of annual energy consumption which is 
     at least 15 percent below the annual level of energy 
     consumption of a comparable dwelling unit--
       ``(I) which is constructed in accordance with the standards 
     of chapter 4 of the 2018 IECC, and
       ``(II) which meets the requirements described in 
     subparagraph (A)(i)(II), and
       ``(ii) to have building envelope component improvements 
     account for at least \1/5\ of such 15 percent,
       ``(2) is a manufactured home which--
       ``(A) conforms to Federal Manufactured Home Construction 
     and Safety Standards (part 3280 of title 24, Code of Federal 
     Regulations), and
       ``(B) meets the requirements described in subparagraph (A) 
     or (B) of paragraph (1),
       ``(3) meets the requirements established by the 
     Administrator of the Environmental Protection Agency under 
     the Energy Star Labeled Homes program, or
       ``(4) is a manufactured home which--
       ``(A) conforms to the standards described in paragraph 
     (2)(A), and
       ``(B) meets the requirements described in paragraph (3).''; 
     and
       (4) in subsection (g), by striking ``December 31, 2020'' 
     and inserting ``December 31, 2022''.
       (b) Effective Date.--The amendments made by this section 
     shall apply to qualified new energy efficient homes acquired 
     after December 31, 2020.
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