S.Amdt. 2746

SA 2746. Mr. LEE submitted an amendment intended to be proposed to
amendment SA 2360 proposed by Mr. Thune (for Mr. Graham) to the bill
H.R. 1, to provide for reconciliation pursuant to title II of H. Con.
Res. 14; which was ordered to lie on the table; as follows:

At the appropriate place in chapter 5 of subtitle A of
title VII, insert the following:

SEC. _____. TERMINATION OF BONUS CREDITS.

(a) Clean Electricity Production Credit.--
(1) Increase in credit in energy communities.--Section
45Y(g)(7) is amended by adding at the end the following:
``The preceding sentence shall not apply with respect to
facilities which begin construction after the date of the
enactment of paragraph (13).''.
(2) Domestic content bonus credit amount.--

[[Page S4118]]

(A) In general.--Section 45Y(g)(11)(A) is amended by
inserting ``which begins construction on or before the date
of the enactment of paragraph (13) and'' before ``which
satisfies''.
(B) Conforming amendments.--
(i) Section 45Y(g)(11)(C)(i) is amended--

(I) by adding ``and'' at the end of subclause (I),
(II) by striking ``before January 1, 2026'' in subclause
(II) and inserting ``on or before the date of the enactment
of paragraph (13)'',
(III) by striking the comma at the end of subclause (II)
and inserting a period, and
(IV) by striking subclauses (III) and (IV).

(ii) Section 45Y(g)(11)(C)(ii) is amended--

(I) by adding ``and'' at the end of subclause (I),
(II) by striking ``before January 1, 2026'' in subclause
(II) and inserting ``on or before the date of the enactment
of paragraph (13)'',
(III) by striking the comma at the end of subclause (II)
and inserting a period, and
(IV) by striking subclauses (III), (IV), and (V).

(3) Wage and apprenticeship requirements.--Section
45Y(a)(2)(B)(iii) is amended by inserting ``in the case of a
qualified facility which begins construction on or before the
date of the enactment of paragraph (13) of subsection (g),''
before ``which''.
(b) Clean Electricity Investment Credit.--
(1) Energy communities.--Section 48E(a)(3)(A)(i) is amended
by adding at the end the following: ``The preceding sentence
shall not apply with respect to facilities which begin
construction after the date of the enactment of paragraph (6)
of subsection (d).''.
(2) Domestic content.--Section 48E(a)(3)(B) is amended by
inserting ``in the case of facilities which begin
construction on or before the date of the enactment of
paragraph (6) of subsection (d)'' before the period.
(3) Wage and apprenticeship requirements.--Section
48E(a)(2)(A)(ii)(III) is amended by inserting ``in the case
of a qualified facility which begins construction on or
before the date of the enactment of paragraph (13) of
subsection (g),'' before ``which''.
(4) Applicable percentage for new facilities.--Section
48E(a) is amended by adding at the end the following new
paragraph:
``(4) Special rule for certain facilities.--Notwithstanding
paragraphs (2) and (3), in the case of any facility which
begins construction after the date of the enactment of this
paragraph, the applicable percentage shall not exceed 10
percent.''.
(c) Effective Date.--The amendments made by this section
shall take effect on the date of the enactment of this Act.
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