I 

113TH CONGRESS 

1ST SESSION H. R. 3017 

To amend the Internal Revenue Code of 1986 to extend the energy credit 

for certain property under construction. 

IN THE HOUSE OF REPRESENTATIVES 

AUGUST 2, 2013 

Mr. COOK (for himself and Mr. SALMON) introduced the following bill; which 

was referred to the Committee on Ways and Means, and in addition to 

the Committee on Natural Resources, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions 

as fall within the jurisdiction of the committee concerned 

A BILL 

To amend the Internal Revenue Code of 1986 to extend 

the energy credit for certain property under construction. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Renewable Energy 

5 Construction and Investment Parity Act of 2013’’. 

6 SEC. 2. EXTENSION OF ENERGY CREDIT FOR CERTAIN 

7 PROPERTY UNDER CONSTRUCTION. 

8 (a) SOLAR ENERGY PROPERTY.—Paragraphs 

9 (2)(A)(i)(II) and (3)(A)(ii) of section 48(a) of the Internal 


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1 Revenue Code of 1986 are each amended by striking ‘‘pe2 riods ending’’ and inserting ‘‘property the construction of 

3 which begins’’. 

4 (b) QUALIFIED FUEL CELL PROPERTY.—Section 

5 48(c)(1)(D) of such Code is amended by striking ‘‘for any 

6 period after December 31, 2016’’ and inserting ‘‘the con7 struction of which does not begin before January 1, 

8 2017’’. 

9 (c) QUALIFIED MICROTURBINE PROPERTY.—Section 

10 48(c)(2)(D) of such Code is amended by striking ‘‘for any 

11 period after December 31, 2016’’ and inserting ‘‘the con12 struction of which does not begin before January 1, 

13 2017’’. 

14 (d) COMBINED HEAT AND POWER SYSTEM PROP15 ERTY.—Section 48(c)(3)(A)(iv) of such Code is amended 

16 by striking ‘‘which is placed in service’’ and inserting 

17 ‘‘construction of which begins’’. 

18 (e) QUALIFIED SMALL WIND ENERGY PROPERTY.— 

19 Section 48(c)(4)(C) of such Code is amended by striking 

20 ‘‘for any period after December 31, 2016’’ and inserting 

21 ‘‘the construction of which does not begin before January 

22 1, 2017’’. 

23 (f) THERMAL ENERGY PROPERTY.—Section 

24 48(a)(3)(A)(vii) of such Code is amended by striking ‘‘peVerDate Mar 15 2010 22:49 Aug 09, 2013 Jkt 029200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H3017.IH H3017

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1 riods ending’’ and inserting ‘‘property the construction of 

2 which begins’’. 

3 (g) EFFECTIVE DATE.—The amendments made by 

4 this section shall take effect on the date of the enactment 

5 of this Act. 

6 SEC. 3. TREATMENT OF PROCEEDS OF SALES OF HELIUM 

7 FROM FEDERAL HELIUM RESERVE. 

8 (a) DEPOSIT OF PROCEEDS.—Notwithstanding any 

9 other provision of law, from amounts received by the 

10 United States in a fiscal year as proceeds of sales of crude 

11 helium under the Helium Act (50 U.S.C. 167a et seq.), 

12 there shall be deposited in the general fund of the Treas13 ury an amount equal to the amount of revenue that would 

14 have been received by the United States in that fiscal year 

15 but for the enactment of section 2 of this Act. 

16 (b) TREATMENT OF DEPOSITS.—Amounts deposited 

17 under subsection (a) shall be applied— 

18 (1) except as provided in paragraph (2), to re19 duce the annual Federal budget deficit of the Gov20 ernment of the United States; or 

21 (2) for amounts deposited in a fiscal year for 

22 which there is not such an annual deficit, to reduce 

23 the Federal debt of the Government of the United 

24 States. 

Æ 


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