(A) by inserting ‘‘and’’ at the end of para-
graph (1)(C), 
(B) by striking ‘‘; and’’ at the end of para-
graph (2)(B) and inserting a period, and 
(C) by striking paragraph (3). 
(8) Section 776 of such Code is amended by 
striking subsection (a) and by redesignating sub-
section (b) as subsection (a). 
(9) Subparagraph (D) of section 954(g)(2) of 
such Code is amended by inserting ‘‘(as in effect be-
fore the date of the enactment of the Pain at the 
Pump Act)’’ after ‘‘section 613A’’. 
(10) Subparagraph (C) of section 993(c)(2) of 
such Code is amended by striking ‘‘section 613 or 
613A’’ and inserting ‘‘section 613 (determined with-
out regard to subsection (d) thereof)’’. 
(11) Subparagraph (D) of section 1202(e)(3) of 
such Code is amended by striking ‘‘section 613 or 
613A’’ and inserting ‘‘section 613 (determined with-
out regard to subsection (d) thereof)’’. 
(12) Paragraph (2) of section 1367(a) of such 
Code is amended by inserting ‘‘and’’ at the end of 
subparagraph (C), by striking ‘‘, and’’ at the end of 
subparagraph (D) and inserting a period, and by 
striking subparagraph (E). 
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(13) Subsection (c) of section 1446 of such 
Code is amended by striking paragraph (2) and by 
redesignating paragraph (3) as paragraph (2). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to property placed in service after 
December 31, 2011. 
SEC. 107. DEDUCTION FOR INCOME ATTRIBUTABLE TO DO-
MESTIC PRODUCTION ACTIVITIES NOT AL-
LOWED WITH RESPECT TO OIL AND GAS AC-
TIVITIES. 
(a) IN GENERAL.—Subparagraph (B) of section 
199(c)(4) of the Internal Revenue Code of 1986 is amend-
ed by striking ‘‘and’’ at the end of clause (ii), by striking 
the period at the end of clause (iii) and inserting ‘‘, and’’, 
and by inserting after clause (iii) the following new clause: 
‘‘(iv) the production, refining, proc-
essing, transportation, or distribution of 
oil, gas, or any primary product thereof.’’. 
(b) CONFORMING AMENDMENT.—Subsection (d) of 
section 199 of such Code is amended by striking para-
graph (9) and by redesignating paragraph (10) as para-
graph (9). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2011. 
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SEC. 108. 7-YEAR AMORTIZATION FOR GEOLOGICAL AND 
GEOPHYSICAL EXPENDITURES. 
(a) IN GENERAL.—Subsection (h) of section 167 of 
the Internal Revenue Code of 1986 is amended— 
(1) by striking ‘‘24-month’’ in paragraphs (1) 
and (4) and inserting ‘‘7-year’’, and 
(2) by striking paragraph (5). 
(b) EFFECTIVE DATE.—The amendments made by 
this section shall apply to expenses paid or incurred after 
December 31, 2011. 
TITLE II—INVESTMENT IN 
CLEAN ENERGY PROGRAMS 
SEC. 201. INVESTMENT IN CLEAN ENERGY PROGRAMS. 
It is the sense of Congress that the increase in rev-
enue to the Federal Government resulting from the provi-
sions of, and amendments made by, title I should be used 
to make additional expenditures in the following areas and 
programs: 
(1) Alternative fuel technology programs. 
(2) Advanced battery development programs. 
(3) Programs of the Advanced Research 
Projects Agency—Energy. 
(4) Research and development of clean energy 
technologies. 
(5) Clean energy loan guarantee programs. 
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(6) Programs of the Office of Energy Efficiency 
and Renewable Energy of the Department of En-
ergy. 
(7) Weatherization Assistance Program. 
(8) State Energy Program. 
(9) Low Income Home Energy Assistance Pro-
gram. 
(10) Distributed generation and turbine re-
search and development. 
Æ 
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