I 
109TH CONGRESS 
2D SESSION 
H. R. 5206 
To amend the Internal Revenue Code of 1986 to extend the investment 
tax credit with respect to solar energy property and qualified fuel cell 
property, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
APRIL 26, 2006 
Mr. HAYWORTH (for himself, Mr. MCNULTY, Mr. CAMP, Mr. FITZPATRICK of 
Pennsylvania, Mr. BUTTERFIELD, Mr. BROWN of Ohio, Mr. SIMMONS, 
Mr. LIPINSKI, Mr. UDALL of Colorado, Mr. BACHUS, Mr. EHLERS, Mr. 
MCCOTTER, Mr. HINCHEY, Mr. SWEENEY, Mr. ROGERS of Michigan, Mr. 
DENT, Mr. DOOLITTLE, Mr. WOLF, Mr. BARTLETT of Maryland, Mr. 
CARDIN, Mrs. BONO, Mr. FERGUSON, and Mr. WAMP) introduced the fol-
lowing bill; which was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to extend 
the investment tax credit with respect to solar energy 
property and qualified fuel cell property, and for other 
purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Securing America’s 
Energy Independence Act of 2006’’. 
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SEC. 2. EXTENSION AND MODIFICATION OF INVESTMENT 
TAX CREDIT WITH RESPECT TO SOLAR EN-
ERGY PROPERTY AND QUALIFIED FUEL CELL 
PROPERTY. 
(a) 
SOLAR
ENERGY
PROPERTY.—Paragraphs 
(2)(A)(i)(II) and (3)(A)(ii) of section 48(a) of the Internal 
Revenue Code of 1986 are each amended by striking 
‘‘2008’’ and inserting ‘‘2016’’. 
(b) ELIGIBLE FUEL CELL PROPERTY.—Paragraph 
(1)(E) of section 48(c) of the Internal Revenue Code of 
1986 is amended by striking ‘‘2007’’ and inserting 
‘‘2015’’. 
(c) CREDITS ALLOWED AGAINST THE ALTERNATIVE 
MINIMUM TAX.—Section 38(c)(4)(B) of the Internal Rev-
enue Code of 1986 (defining specified credits) is amended 
by striking the period at the end of clause (ii)(II) and in-
serting ‘‘, and’’, and by adding at the end the following 
new clause: 
‘‘(iii) the portion of the investment 
credit under section 46(2) as determined 
under section 48(a)(2)(A)(i).’’. 
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SEC. 3. EXTENSION AND MODIFICATION OF CREDIT FOR 
RESIDENTIAL 
ENERGY 
EFFICIENT 
PROP-
ERTY. 
(a) EXTENSION.—Section 25D of the Internal Rev-
enue Code of 1986 (relating to termination) is amended 
by striking ‘‘2007’’ and inserting ‘‘2015’’. 
(b) MODIFICATION
OF MAXIMUM CREDIT.—Para-
graph (1) of section 25D(b) of the Internal Revenue Code 
of 1986 (relating to limitations) is amended to read as 
follows: 
‘‘(1) MAXIMUM
CREDIT.—The credit allowed 
under subsection (a) for any taxable year shall not 
exceed— 
‘‘(A) $1,000 with respect to each half kilo-
watt of capacity of qualified photovoltaic prop-
erty for which qualified photovoltaic property 
expenditures are made, 
‘‘(B) $2,000 with respect to any qualified 
solar water heating property expenditures, and 
‘‘(C) $500 with respect to each half kilo-
watt of capacity of qualified fuel cell property 
(as defined in section 48(c)(1)) for which quali-
fied fuel cell property expenditures are made.’’. 
(c) CREDIT ALLOWED AGAINST ALTERNATIVE MIN-
IMUM TAX.— 
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(1) IN GENERAL.—Section 25D(b) of the Inter-
nal Revenue Code of 1986 (as amended by sub-
section (b)) is amended by adding at the end the fol-
lowing new paragraph: 
‘‘(3) CREDIT ALLOWED AGAINST ALTERNATIVE 
MINIMUM TAX.—The credit allowed under subsection 
(a) for the taxable year shall not exceed the excess 
of— 
‘‘(A) the sum of the regular tax liability 
(as defined in section 26(b)) plus the tax im-
posed by section 55, over 
‘‘(B) the sum of the credits allowable 
under subpart A of part IV of subchapter A 
and section 27 for the taxable year.’’. 
(2) CONFORMING AMENDMENT.—Subsection (c) 
of section 25D of such Code is amended to read as 
follows: 
‘‘(c) CARRYFORWARD OF UNUSED CREDIT.—If the 
credit allowable under subsection (a) for any taxable year 
exceeds the limitation imposed by subsection (b)(3) for 
such taxable year, such excess shall be carried to the suc-
ceeding taxable year and added to the credit allowable 
under subsection (a) for such succeeding taxable year.’’. 
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