Sec. 1337. BUSINESS SOLAR INVESTMENT TAX CREDIT

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## SEC. 1337 BUSINESS SOLAR INVESTMENT TAX CREDIT ###

(a)Increase in Energy Percentage Section 48(a)(2)(A) (relating to energy percentage), as amended by this Act, is amended to read as follows: > > ##### “(A) In general > > The energy percentage is— > > > ###### “(i) > > 30 percent in the case of— > > > ###### “(I) > > qualified fuel cell property, > > > ###### “(II) > > energy property described in paragraph (3)(A)(i) but only with respect to periods ending before January 1, 2008, and > > > ###### “(III) > > energy property described in paragraph (3)(A)(ii), and > > > ###### “(ii) > > in the case of any energy property to which clause

(i)does not apply, 10 percent.” > . ###

(b)Hybrid Solar Lighting Systems Subparagraph

(A)of section 48(a)(3) is amended by striking “ or ” at the end of clause (i), by redesignating clause

(ii)as clause (iii), and by inserting after clause

(i)the following new clause: > > ###### “(ii) > > equipment which uses solar energy to illuminate the inside of a structure using fiber-optic distributed sunlight but only with respect to periods ending before January 1, 2008, or” > . ###

(c)Limitation on Use of Solar Energy to Heat Swimming Pools Clause

(i)of section 48(a)(3)(A) is amended by inserting “excepting property used to generate energy for the purposes of heating a swimming pool,” after “solar process heat,”. ###

(d)Effective Date The amendments made by this section shall apply to periods after December 31, 2005, in taxable years ending after such date, 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). ## Subtitle D Alternative Motor Vehicles and Fuels Incentives