Sec. 5013. Extensions and modifications of various energy provisions
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Paragraph
(2)of section 25C(g) is amended by striking December 31, 2014 and inserting December 31, 2017 . The amendments made by this subsection shall apply to property placed in service after December 31, 2014. Subsection
(g)of section 25D is amended by striking December 31, 2016 and inserting December 31, 2017 . Paragraph
(1)of section 30C(g) is amended by striking December 31, 2014 and inserting December 31, 2017 . The amendments made by this subsection shall apply to property placed in service after December 31, 2014. Subparagraph
(E)of section 30D(g) is amended to read as follows: is acquired— after December 31, 2011, and before January 1, 2014, or after December 31, 2014, and before January 1, 2018. . The amendments made by this subsection shall apply to vehicles acquired after December 31, 2014. The following provisions of section 45(d) are each amended by striking January 1, 2015 each place it appears and inserting January 1, 2018 : Paragraph (1). Paragraph (2)(A). Paragraph (3)(A). Paragraph (4)(B). Paragraph (6). Paragraph (7). Paragraph (9). Paragraph (11)(B). The amendments made by this subsection shall take effect on January 1, 2015. Section 45J(d)(1)(B) is amended by striking 2021 and inserting 2018 . Subsection
(g)of section 45L is amended by striking December 31, 2014 and inserting December 31, 2017 . The amendments made by this subsection shall apply to any qualified new energy efficient home acquired after December 31, 2014. Subpart D of part IV of subchapter A of chapter 1 of subtitle A is amended by striking section 45M. Section 38(b) is amended by striking paragraph (24). The table of sections for subpart D of part IV of subchapter A of chapter 1 of subtitle A is amended by striking the item relating to section 45M. The amendments made by this subsection shall take effect on the date of the enactment of this Act. Section 45Q(c) is amended— in paragraph (2), by striking and at the end, in paragraph (3), by striking the period at the end and inserting , and , and by adding at the end the following new paragraph: which is placed in service before January 1, 2018. . Section 48(a)(5)(C)(ii) is amended by striking January 1, 2015 and inserting January 1, 2018 . The amendments made by this paragraph shall take effect on January 1, 2015. Section 48(a) is amended— in paragraphs (2)(A)(i)(II) and (3)(A)(ii), by striking January 1, 2017 each place it appears and inserting January 1, 2018 , and in paragraph (3)(A)(i), by inserting but only with respect to periods ending before January 1, 2018 after swimming pool, . Section 48(a)(3)(A)(iii) is amended by inserting with respect to periods ending before January 1, 2018, and after but only . Section 48(a)(3)(A)(vii) is amended by striking January 1, 2017 and inserting January 1, 2018 . Section 48(c)(1)(D) is amended by striking December 31, 2016 and inserting December 31, 2017 . Section 48(c)(2)(D) is amended by striking December 31, 2016 and inserting December 31, 2017 . Section 48(c)(3)(A)(iv) is amended by striking January 1, 2017 and inserting January 1, 2018 . Section 48(c)(4)(C) is amended by striking December 31, 2016 and inserting December 31, 2017 . Section 48C is amended— by redesignating subsection
(e)as subsection (f), and by inserting after subsection
(d)the following new subsection: Not later than 180 days after the date of enactment of this subsection, the Secretary, in consultation with the Secretary of Energy, shall establish an additional qualifying advanced energy project program to consider and award certifications for qualified investments eligible for credits under this section to qualifying advanced energy project sponsors. The total amount of credits that may be allocated under the program described in subparagraph
(A)shall not exceed $5,000,000,000. Each applicant for certification under this paragraph shall submit an application containing such information as the Secretary may require during the 2-year period beginning on the date the Secretary establishes the program under paragraph (1). Each applicant for certification shall have 1 year from the date of acceptance by the Secretary of the application during which to provide to the Secretary evidence that the requirements of the certification have been met. An applicant which receives a certification shall have 3 years from the date of issuance of the certification in order to place the project in service and if such project is not placed in service by that time period, then the certification shall no longer be valid. In determining which qualifying advanced energy projects to certify under this section, the Secretary shall consider the same criteria described in subsection (d)(3). Not later than 4 years after the date of enactment of this subsection, the Secretary shall review the credits allocated pursuant to this subsection as of such date. The Secretary may reallocate credits awarded under this section if the Secretary determines that— there is an insufficient quantity of qualifying applications for certification pending at the time of the review, or any certification made pursuant to paragraph
(2)has been revoked pursuant to paragraph (2)(B) because the project subject to the certification has been delayed as a result of third party opposition or litigation to the proposed project. If the Secretary determines that credits under this section are available for reallocation pursuant to the requirements set forth in paragraph (2), the Secretary is authorized to conduct an additional program for applications for certification. The Secretary shall, upon making a certification under this subsection, publicly disclose the identity of the applicant and the amount of the credit with respect to such applicant. . The amendments made by this subsection shall apply to periods after the date of the enactment of this Act, under rules similar to the rules of section 48(m) of the Internal Revenue Code of 1986 (as in effect on the day before the date of the enactment of the Revenue Reconciliation Act of 1990). Subsection
(h)of section 179D is amended by striking December 31, 2014 and inserting December 31, 2017 . The amendments made by this section shall apply to property placed in service after December 31, 2014.