I 
115TH CONGRESS 
1ST SESSION H. R. 4636 
To amend the Internal Revenue Code of 1986 to extend certain provisions 
of the renewable energy credit, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
DECEMBER 13, 2017 
Ms. SCHAKOWSKY (for herself, Ms. NORTON, Mr. QUIGLEY, Mr. CARTWRIGHT, 
Ms. LEE, Ms. MCCOLLUM, Mr. NADLER, Mr. POCAN, Ms. SPEIER, Mr. 
LOEBSACK, Mr. GUTIE´RREZ, Mr. GRIJALVA, Mr. HUFFMAN, Ms. LOF-
GREN, Mr. TAKANO, Mr. KHANNA, Mr. POLIS, Mr. KENNEDY, Ms. 
VELA´ZQUEZ, and Mr. MCNERNEY) introduced the following bill; which 
was referred to the Committee on Ways and Means 
A BILL 
To amend the Internal Revenue Code of 1986 to extend 
certain provisions of the renewable energy credit, 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 ‘‘Prioritizing Energy- 
Efficient Renewables Act of 2017’’. 
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SEC. 2. CERTAIN PROVISIONS OF RENEWABLE ENERGY 
CREDIT MADE PERMANENT. 
(a) WIND.—Section 45(d)(1) of the Internal Revenue 
Code of 1986 is amended by striking ‘‘, and the construc-
tion of which begins before January 1, 2020’’. 
(b) GEOTHERMAL.—Section 45(d)(4)(B) of such 
Code is amended by striking ‘‘the construction of which 
begins before January 1, 2017’’ and inserting ‘‘is origi-
nally placed in service after October 22, 2004’’. 
(c) HYDROPOWER.—Section 45(d)(9)(A) of such 
Code is amended by striking ‘‘and before January 1, 
2017’’ both places it appears in clauses (i) and (ii). 
(d) MARINE.—Section 45(d)(11)(B) of such Code is 
amended by striking ‘‘and the construction of which be-
gins before January 1, 2017’’. 
(e) CONFORMING AMENDMENT.—Section 45(d)(9) of 
such Code is amended by striking subparagraph (C). 
(f) EFFECTIVE DATE.—The amendments made by 
this section shall apply to property placed in service after 
December 31, 2016. 
SEC. 3. REPEAL OF DEDUCTION FOR INTANGIBLE DRILL-
ING AND DEVELOPMENT COSTS IN THE CASE 
OF OIL AND GAS WELLS. 
(a) IN GENERAL.—Section 263(c) of the Internal 
Revenue Code of 1986 is amended by adding at the end 
the following new sentence: ‘‘This subsection shall not 
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apply to amounts paid or incurred in any taxable year be-
ginning after December 31, 2017, by a taxpayer in the 
case of oil and gas wells.’’. 
(b) EFFECTIVE DATE.—The amendment made by 
this section shall apply to amounts paid or incurred in tax-
able years beginning after December 31, 2017. 
SEC. 4. REPEAL OF DEDUCTION FOR OIL AND GAS INCOME 
ATTRIBUTABLE TO DOMESTIC PRODUCTION 
ACTIVITIES. 
(a) IN GENERAL.—Section 199(c)(4)(B) of the Inter-
nal Revenue Code of 1986 is amended by striking ‘‘or’’ 
at the end of clause (ii), by striking the period at the end 
of clause (iii) and inserting ‘‘, or’’, and by inserting after 
clause (iii) the following: 
‘‘(iv) the production, refining, trans-
portation, or distribution of oil, natural 
gas, or any primary product (within the 
meaning of section 927(a)(2)(C), as in ef-
fect before its repeal).’’. 
(b) CONFORMING AMENDMENT.—Section 199(d) of 
such Code is amended by striking paragraph (9) and by 
redesignating paragraph (10) as paragraph (9). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2017. 
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SEC. 5. REPEAL OF PERCENTAGE DEPLETION FOR OIL AND 
GAS. 
(a) IN GENERAL.—Section 611(a) of the Internal 
Revenue Code of 1986 is amended by striking ‘‘oil and 
gas wells’’. 
(b) CONFORMING AMENDMENTS.— 
(1) Section 613 of such Code is amended by 
adding at the end the following: 
‘‘(f) TERMINATION RELATING TO OIL AND GAS.— 
This section shall not apply with respect to any oil or gas 
well in taxable years beginning after December 31, 
2017.’’. 
(2) Part I of subchapter I of chapter 1 of the 
Internal Revenue Code of 1986 is amended by strik-
ing section 613A (and by striking the item relating 
to such section in the table of sections for such 
part). 
(c) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2017. 
Æ 
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