‘‘(B) for qualified engineering integration. 
‘‘(2) ATTRIBUTION RULE.—In the event a facil-
ity of the taxpayer produces both advanced tech-
nology motor vehicles and other property, or eligible 
components and other property, only the qualified 
investment attributable to production of advanced 
technology motor vehicles and eligible components 
shall be taken into account for purposes of this sec-
tion. 
‘‘(3) 
PROPERTY
USED
OUTSIDE
UNITED 
STATES, ETC., NOT QUALIFIED.—An amount shall 
not be treated as a qualified investment if such 
amount is paid or incurred for property referred to 
in section 50(b) or to the extent such amount is 
taken into account under section 179. 
‘‘(4) ELECTION.—An amount shall not be treat-
ed as a qualified investment if the taxpayer elects 
that such amount not be so treated. 
‘‘(e) ADVANCED TECHNOLOGY MOTOR VEHICLES.— 
For purposes of this section— 
‘‘(1) IN GENERAL.—The term ‘advanced tech-
nology motor vehicle’ means— 
‘‘(A) any new advanced lean burn tech-
nology motor vehicle (as defined in section 
30B(c)(3), determined without regard to sub-
paragraph (A)(iv)(II) thereof and without re-
gard to the weight limitation under subpara-
graph (A)(iv)(I) thereof), and 
‘‘(B) any new qualified hybrid motor vehi-
cle (as defined in section section 30B(d)(3)(A), 
determined without regard to clause (ii)(II) 
thereof and without regard to the weight limita-
tion under subparagraph (ii)(I) thereof) that 
achieves at least 140 percent of the 2002 model 
year city fuel economy (as defined in section 
30B(b)(2)(B)). 
‘‘(2) EPA 
EMISSION
STANDARD
REQUIRE-
MENTS.—The term ‘advanced technology motor vehi-
cle’ shall not include any vehicle unless such vehicle 
is in compliance with any Environmental Protection 
Agency emission standard for fine particulate matter 
for the applicable make and model year of the vehi-
cle. 
‘‘(f) ELIGIBLE COMPONENTS.—For purposes of this 
section, the term ‘eligible component’ means any compo-
nent specially designed for an advanced technology motor 
vehicle and installed for the purpose of meeting the per-
formance requirements for such vehicle, including— 
‘‘(1) with respect to any gasoline-electric new 
qualified hybrid motor vehicle (as so defined), an
electric motor or generator, power split device, power 
control unit, power controls, integrated starter gen-
erator, or battery, 
‘‘(2) with respect to any advanced lean burn 
technology motor vehicle (as so defined), a diesel en-
gine, turbocharger, fuel injection system, or after- 
treatment system such as a particle filter or NOX 
absorber, and 
‘‘(3) any other component identified by the Sec-
retary as an eligible component. 
‘‘(g) QUALIFIED ENGINEERING INTEGRATION.—For 
purposes of this section, the term ‘qualified engineering 
integration’ engineering tasks performed prior to the mar-
ket introduction of an advanced technology vehicle which 
are related to— 
‘‘(1) incorporating eligible components into the 
design of such vehicle, or 
‘‘(2) designing new tooling and equipment for 
facilities to manufacture such vehicle or eligible com-
ponents for such vehicle. 
‘‘(h) DENIAL OF DOUBLE BENEFIT.—In the case of 
the amount of the credit determined under this section— 
‘‘(1) no deduction or credit shall be allowed for 
such amount under any other provision of this chap-
ter, and
‘‘(2) no increase in the adjusted basis of any 
property shall result from such amount. 
‘‘(i) AGGREGATION AND ALLOCATION RULES.—For 
purposes of this section, rules similar to the rules of para-
graphs (1) and (2) of section 41(f) shall apply. 
‘‘(j) RECAPTURE.—The Secretary shall, by regula-
tions, provide for recapturing any credit allowed under 
this section with respect to any qualified investment which 
ceases to be a qualified investment. 
‘‘(k) TERMINATION.—No credit shall be allowed 
under this section with respect to any amount paid or in-
curred after December 31, 2015.’’. 
(b) CREDIT ALLOWED AS PART OF GENERAL BUSI-
NESS CREDIT.—Section 38(b) of such Code is amended 
by striking ‘‘plus’’ at the end of paragraph (25), by strik-
ing the period at the end of paragraph (26) and inserting 
‘‘, plus’’, and by adding at the end the following new para-
graph: 
‘‘(27) in the case of an eligible manufacturer 
(as defined in section 45N(c)), the advanced tech-
nology motor vehicle investment credit determined 
under section 45N(a).’’. 
(c) CREDIT ALLOWED AGAINST NET INCOME TAX.— 
Section 38(c) of such Code is amended by redesignating 
paragraphs (2) through (5) as paragraph (3) through (6),
respectively, and by inserting after paragraph (1) the fol-
lowing new paragraph: 
‘‘(2) SPECIAL
RULES
FOR
ADVANCED
TECH-
NOLOGY MOTOR VEHICLE INVESTMENT CREDIT.—In 
the case of the advanced technology motor vehicle 
investment 
credit 
determined 
under 
section 
45N(a)— 
‘‘(A) this section and section 39 shall be 
applied separately with respect to such credit, 
and 
‘‘(B) in applying paragraph (1) to such 
credit— 
‘‘(i) the amounts described in sub-
paragraphs (A) and (B) of such paragraph 
shall be treated as being zero, and 
‘‘(ii) the limitation under paragraph 
(1) (as modified by clause (i)) shall be re-
duced by the credit allowed under sub-
section (a) for the taxable year (other than 
the advanced technology motor vehicle in-
vestment credit determined under section 
45N(a), the empowerment zone employ-
ment employment credit, the New York 
Liberty Zone business employee credit, or 
the specified credits).’’.