S.Amdt. 3168Senate113th Congress (2013-2015)2nd degree

S.Amdt. 3168

Submitted May 15, 2014

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Senate amendment submitted

May 15, 2014

Text

Submitted

SA 3168. Mr. ENZI submitted an amendment intended to be proposed to
amendment SA 3060 proposed by Mr. Wyden to the bill H.R. 3474, to amend
the Internal Revenue Code of 1986 to allow employers to exempt
employees with health coverage under TRICARE or the Veterans
Administration from being taken into account for purposes of the
employer mandate under the Patient Protection and Affordable Care Act;
which was ordered to lie on the table; as follows:

After section 157, insert the following:

SEC. 158. ADDITIONAL TAX CREDITS FOR QUALIFYING SUPERCRITICAL
ADVANCED COAL PROJECTS.

(a) 30 Percent Credit Percentage.--Paragraph (3) of section
48A(a) is amended by inserting ``or (iv)'' after ``(iii)''.
(b) Supercritical Advanced Coal-Based Generation Technology
Project Defined.--Subsection (c) of section 48A is amended by
adding at the end the following:
``(8) The term `supercritical advanced coal-based
generation technology project' means a qualifying advanced
coal-based generation technology project which includes a
coal-fired boiler that--
``(A) in lieu of the requirements under subsection
(f)(1)(A)(ii), reaches an electricity generating efficiency
of at least 36 percent, and
``(B) operates at a minimum pressure of 3,200 pounds per
square inch.''.
(c) Application Period for Certification.--Subparagraph (A)
of section 48A(d)(2) is amended by striking ``and'' at the
end of clause (i), by striking the period at the end of
clause (ii) and inserting ``, and'', and by adding at the end
the following:
``(iii) for an allocation from the dollar amount specified
in paragraph (3)(B)(iv) during the 3-year period beginning at
earlier of the termination of the period described in clause
(ii) or the date prescribed by the Secretary.''.
(d) Aggregate Credits.--
(1) In general.--Subparagraph (A) of section 48A(d)(3) is
amended by striking ``$2,550,000,000'' and inserting
``$3,800,000,000''.
(2) Supercritical advanced coal-based generation technology
projects.--Subparagraph (B) of section 48A(d)(3)(B) is
amended by striking ``and'' at the end of clause (ii), by
striking the period at the end of clause (iii) and inserting
``, and'', and by adding at the end the following:
``(iv) $1,250,000,000 for supercritical advanced coal-based
generation technology projects the application for which is
submitted during the period described in paragraph
(2)(A)(iii).''.
(e) Carbon Dioxide Sequester.--Subparagraph (G) of section
48A(e)(1) is amended by striking ``subsection (d)(2)(A)(ii)''
and inserting ``clause (ii) or (iii) of subsection
(d)(2)(A)''.
(f) Effective Date.--The amendments made by this section
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).
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