In this task, you are given text for US Congressional and California state bills, your task is to generate a summary for this bill.
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Question: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Equitable Treatment of Investors 
Act''.

SEC. 2. SECURITIES INVESTOR PROTECTION ACT OF 1970 AMENDMENTS.

    (a) Net Equity Based on Last Statement.--Section 16(11) of the 
Securities Investor Protection Act of 1970 (15 U.S.C. 78lll(11)) is 
amended to read as follows:
            ``(11) Net equity.--
                    ``(A) In general.--The term `net equity' means the 
                dollar amount of the account or accounts of a customer, 
                to be determined by--
                            ``(i) calculating the sum which would have 
                        been owed by the debtor to such customer if the 
                        debtor had liquidated, by sale or purchase on 
                        the filing date--
                                    ``(I) all securities positions of 
                                such customer (other than customer name 
                                securities reclaimed by such customer); 
                                and
                                    ``(II) all positions in futures 
                                contracts and options on futures 
                                contracts held in a portfolio margining 
                                account carried as a securities account 
                                pursuant to a portfolio margining 
                                program approved by the Commission, 
                                including all property collateralizing 
                                such positions, to the extent that such 
                                property is not otherwise included 
                                herein; minus
                            ``(ii) any indebtedness of such customer to 
                        the debtor on the filing date; plus
                            ``(iii) any payment by such customer of 
                        such indebtedness to the debtor which is made 
                        with the approval of the trustee and within 
                        such period as the trustee may determine (but 
                        in no event more than sixty days after the 
                        publication of notice under section 8(a)).
                    ``(B) Treatment of certain commodity futures 
                contracts.--A claim for a commodity futures contract 
                received, acquired, or held in a portfolio margining 
                account pursuant to a portfolio margining program 
                approved by the Commission or a claim for a security 
                futures contract, shall be deemed to be a claim with 
                respect to such contract as of the filing date, and 
                such claim shall be treated as a claim for cash.
                    ``(C) Treatment of accounts held by a customer in 
                separate capacities.--In determining net equity under 
                this paragraph, accounts held by a customer in separate 
                capacities shall be deemed to be accounts of separate 
                customers.
                    ``(D) Reliance on final customer statement.--
                            ``(i) In general.--In determining net 
                        equity under this paragraph, the positions, 
                        options, and contracts of a customer held by 
                        the debtor, and any indebtedness of the 
                        customer to the debtor, shall be determined 
                        based on--
                                    ``(I) the information contained in 
                                the last statement received by the 
                                customer from the debtor before the 
                                filing date; and
                                    ``(II) any additional specific 
                                confirmations of the customer's 
                                positions, options, contracts, or 
                                indebtedness received after such last 
                                statement but before the filing date.
                            ``(ii) Fraud exception.--The provisions of 
                        this subparagraph shall not apply to any 
                        customer that--
                                    ``(I) knew the debtor was involved 
                                in fraudulent activity with respect to 
                                any customer of the debtor; or
                                    ``(II) was a person that--
                                            ``(aa) was, or was required 
                                        to be, registered with the 
                                        Securities and Exchange 
                                        Commission under the securities 
                                        laws (as such term is defined 
                                        under section 3(a) of the 
                                        Securities Exchange Act of 1934 
                                        (15 U.S.C. 78c(a)));
                                            ``(bb) knew, or should have 
                                        known, that the debtor was 
                                        involved in fraudulent activity 
                                        with respect to any customer of 
                                        the debtor; and
                                            ``(cc) did not notify SIPC, 
                                        the Commission, or law 
                                        enforcement personnel that the 
                                        debtor was involved in such 
                                        fraudulent activity.''.
    (b) Prohibition on Certain Recoveries.--Section 8 of the Securities 
Investor Protection Act of 1970 (15 U.S.C. 78fff-2) is amended by 
adding at the end the following new subsection:
    ``(g) Prohibition on Certain Recoveries.--Notwithstanding any other 
provision of this Act, a trustee may not recover any property 
transferred by the debtor to a customer before the filing date unless, 
at the time of such transfer, such customer--
            ``(1) knew the debtor was involved in fraudulent activity 
        with respect to any customer of the debtor; or
            ``(2) was a person that--
                    ``(A) was, or was required to be, registered with 
                the Securities and Exchange Commission under the 
                securities laws (as such term is defined under section 
                3(a) of the Securities Exchange Act of 1934 (15 U.S.C. 
                78c(a)));
                    ``(B) knew, or should have known, that the debtor 
                was involved in fraudulent activity with respect to any 
                customer of the debtor; and
                    ``(C) did not notify SIPC, the Commission, or law 
                enforcement personnel that the debtor was involved in 
                such fraudulent activity.''.
    (c) Appointment of Trustees.--
            (1) In general.--Section 5(b)(3) of the Securities Investor 
        Protection Act of 1970 (15 U.S.C. 78eee(b)(3)) is amended to 
        read as follows:
            ``(3) Appointment of trustee and attorney.--
                    ``(A) In general.--If the court issues a protective 
                decree under paragraph (1), such court shall forthwith 
                appoint, as trustee for the liquidation of the business 
                of the debtor and as attorney for the trustee, such 
                persons as the court determines best fit to serve as 
                trustee and as attorney from among the persons selected 
                by the Commission pursuant to subparagraph (B). The 
                persons appointed as trustee and as attorney for the 
                trustee may be associated with the same firm.
                    ``(B) Commission candidates.--With respect to a 
                debtor and upon the court issuing a protective decree 
                under paragraph (1), the Commission shall forthwith 
                provide the court with a list of candidates for the 
                position of trustee and attorney for the trustee for 
                such debtor.
                    ``(C) Disinterest requirement.--No person may be 
                appointed to serve as trustee or attorney for the 
                trustee if such person is not disinterested within the 
                meaning of paragraph (6), except that for any specified 
                purpose other than to represent a trustee in conducting 
                a liquidation proceeding, the trustee may, with the 
                approval of SIPC and the court, employ an attorney who 
                is not disinterested.
                    ``(D) Qualification.--A trustee appointed under 
                this paragraph shall qualify by filing a bond in the 
                manner prescribed by section 322 of title 11, United 
                States Code.''.
            (2) Effective date.--The amendment made by paragraph (1) 
        shall take effect with respect to trustees and attorneys 
        appointed after the date of the enactment of this Act.

SEC. 3. EFFECTIVE DATE.

    Except as provided under section 2(c)(2), the amendments made by 
section 2 shall take effect with respect to a liquidation proceeding 
under the Securities Investor Protection Act of 1970 that--
            (1) was in progress on the date of the enactment of this 
        Act; or
            (2) is initiated after the date of the enactment of this 
        Act.

Answer: Equitable Treatment of Investors Act - Amends the Securities Investor Protection Act of 1970 to revise the definition of "net equity."

Declares also that, in determining net equity, the positions, options, and contracts of a customer held by the debtor, and any indebtedness of the customer to the debtor, shall be determined based on: (1) the information contained in the last statement received by the customer from the debtor before the filing date; and (2) any additional specific confirmations of the customer's positions, options, contracts, or indebtedness received after such last statement but before the filing date.

Prohibits reliance on the final statement of the debtor to customer, however, if the customer: (1) knew the debtor was involved in fraudulent activity with respect to any of its customers; or (2) as a registrant under the securities laws, or a person required to be so registered, knew, or should have known, that the debtor was involved in such a fraudulent activity and did not notify the Securities Investor Protection Corporation (SIPC), the Securities Exchange Commission (SEC), or law enforcement personnel that the debtor was so involved.

Prohibits a trustee in a liquidation proceeding from recovering any property transferred by the debtor to a customer before the filing date unless, at the time of such transfer, the customer meets the same critieria.

Transfers from SIPC to the SEC authority to nominate to a court persons for appointment as trustee for the liquidation of a debtor's business and as attorney for the trustee.


Question: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Cyber Crime Protection Security 
Act''.

SEC. 2. ORGANIZED CRIMINAL ACTIVITY IN CONNECTION WITH UNAUTHORIZED 
              ACCESS TO PERSONALLY IDENTIFIABLE INFORMATION.

    Section 1961(1) of title 18, United States Code, is amended by 
inserting ``section 1030 (relating to fraud and related activity in 
connection with computers) if the act is a felony,'' before ``section 
1084''.

SEC. 3. PENALTIES FOR FRAUD AND RELATED ACTIVITY IN CONNECTION WITH 
              COMPUTERS.

    Section 1030(c) of title 18, United States Code, is amended to read 
as follows:
    ``(c) The punishment for an offense under subsection (a) or (b) of 
this section is--
            ``(1) a fine under this title or imprisonment for not more 
        than 20 years, or both, in the case of an offense under 
        subsection (a)(1) of this section;
            ``(2)(A) except as provided in subparagraph (B), a fine 
        under this title or imprisonment for not more than 3 years, or 
        both, in the case of an offense under subsection (a)(2); or
            ``(B) a fine under this title or imprisonment for not more 
        than ten years, or both, in the case of an offense under 
        paragraph (a)(2) of this section, if--
                    ``(i) the offense was committed for purposes of 
                commercial advantage or private financial gain;
                    ``(ii) the offense was committed in the furtherance 
                of any criminal or tortious act in violation of the 
                Constitution or laws of the United States, or of any 
                State; or
                    ``(iii) the value of the information obtained, or 
                that would have been obtained if the offense was 
                completed, exceeds $5,000;
            ``(3) a fine under this title or imprisonment for not more 
        than 1 year, or both, in the case of an offense under 
        subsection (a)(3) of this section;
            ``(4) a fine under this title or imprisonment of not more 
        than 20 years, or both, in the case of an offense under 
        subsection (a)(4) of this section;
            ``(5)(A) except as provided in subparagraph (D), a fine 
        under this title, imprisonment for not more than 20 years, or 
        both, in the case of an offense under subsection (a)(5)(A) of 
        this section, if the offense caused--
                    ``(i) loss to 1 or more persons during any 1-year 
                period (and, for purposes of an investigation, 
                prosecution, or other proceeding brought by the United 
                States only, loss resulting from a related course of 
                conduct affecting 1 or more other protected computers) 
                aggregating at least $5,000 in value;
                    ``(ii) the modification or impairment, or potential 
                modification or impairment, of the medical examination, 
                diagnosis, treatment, or care of 1 or more individuals;
                    ``(iii) physical injury to any person;
                    ``(iv) a threat to public health or safety;
                    ``(v) damage affecting a computer used by, or on 
                behalf of, an entity of the United States Government in 
                furtherance of the administration of justice, national 
                defense, or national security; or
                    ``(vi) damage affecting 10 or more protected 
                computers during any 1-year period;
            ``(B) a fine under this title, imprisonment for not more 
        than 10 years, or both, in the case of an offense under 
        subsection (a)(5)(B), if the offense caused a harm provided in 
        clause (i) through (vi) of subparagraph (A) of this subsection;
            ``(C) if the offender attempts to cause or knowingly or 
        recklessly causes death from conduct in violation of subsection 
        (a)(5)(A), a fine under this title, imprisonment for any term 
        of years or for life, or both; or
            ``(D) a fine under this title, imprisonment for not more 
        than 1 year, or both, for any other offense under subsection 
        (a)(5);
            ``(6) a fine under this title or imprisonment for not more 
        than 10 years, or both, in the case of an offense under 
        subsection (a)(6) of this section; or
            ``(7) a fine under this title or imprisonment for not more 
        than 10 years, or both, in the case of an offense under 
        subsection (a)(7) of this section..''.

SEC. 4. TRAFFICKING IN PASSWORDS.

    Section 1030(a) of title 18, United States Code, is amended by 
striking paragraph (6) and inserting the following:
            ``(6) knowingly and with intent to defraud traffics (as 
        defined in section 1029) in--
                    ``(A) any password or similar information or means 
                of access through which a protected computer as defined 
                in subparagraphs (A) and (B) of subsection (e)(2) may 
                be accessed without authorization; or
                    ``(B) any means of access through which a protected 
                computer as defined in subsection (e)(2)(A) may be 
                accessed without authorization.''.

SEC. 5. CONSPIRACY AND ATTEMPTED COMPUTER FRAUD OFFENSES.

    Section 1030(b) of title 18, United States Code, is amended by 
inserting ``for the completed offense'' after ``punished as provided''.

SEC. 6. CRIMINAL AND CIVIL FORFEITURE FOR FRAUD AND RELATED ACTIVITY IN 
              CONNECTION WITH COMPUTERS.

    Section 1030 of title 18, United States Code, is amended by 
striking subsections (i) and (j) and inserting the following:
    ``(i) Criminal Forfeiture.--
            ``(1) The court, in imposing sentence on any person 
        convicted of a violation of this section, or convicted of 
        conspiracy to violate this section, shall order, in addition to 
        any other sentence imposed and irrespective of any provision of 
        State law, that such person forfeit to the United States--
                    ``(A) such person's interest in any property, real 
                or personal, that was used, or intended to be used, to 
                commit or facilitate the commission of such violation; 
                and
                    ``(B) any property, real or personal, constituting 
                or derived from any gross proceeds, or any property 
                traceable to such property, that such person obtained, 
                directly or indirectly, as a result of such violation.
            ``(2) The criminal forfeiture of property under this 
        subsection, including any seizure and disposition of the 
        property, and any related judicial or administrative 
        proceeding, shall be governed by the provisions of section 413 
        of the Comprehensive Drug Abuse Prevention and Control Act of 
        1970 (21 U.S.C. 853), except subsection (d) of that section.
    ``(j) Civil Forfeiture.--
            ``(1) The following shall be subject to forfeiture to the 
        United States and no property right, real or personal, shall 
        exist in them:
                    ``(A) Any property, real or personal, that was 
                used, or intended to be used, to commit or facilitate 
                the commission of any violation of this section, or a 
                conspiracy to violate this section.
                    ``(B) Any property, real or personal, constituting 
                or derived from any gross proceeds obtained directly or 
                indirectly, or any property traceable to such property, 
                as a result of the commission of any violation of this 
                section, or a conspiracy to violate this section.
            ``(2) Seizures and forfeitures under this subsection shall 
        be governed by the provisions in chapter 46 of title 18, United 
        States Code, relating to civil forfeitures, except that such 
        duties as are imposed on the Secretary of the Treasury under 
        the customs laws described in section 981(d) of title 18, 
        United States Code, shall be performed by such officers, agents 
        and other persons as may be designated for that purpose by the 
        Secretary of Homeland Security or the Attorney General.''.

SEC. 7. DAMAGE TO CRITICAL INFRASTRUCTURE COMPUTERS.

    (a) In General.--Chapter 47 of title 18, United States Code, is 
amended by inserting after section 1030 the following:

``SEC. 1030A. AGGRAVATED DAMAGE TO A CRITICAL INFRASTRUCTURE COMPUTER.

    ``(a) Definitions.--In this section--
            ``(1) the terms `computer' and `damage' have the meanings 
        given such terms in section 1030; and
            ``(2) the term `critical infrastructure computer' means a 
        computer that manages or controls systems or assets vital to 
        national defense, national security, national economic 
        security, public health or safety, or any combination of those 
        matters, whether publicly or privately owned or operated, 
        including--
                    ``(A) gas and oil production, storage, and delivery 
                systems;
                    ``(B) water supply systems;
                    ``(C) telecommunication networks;
                    ``(D) electrical power delivery systems;
                    ``(E) finance and banking systems;
                    ``(F) emergency services;
                    ``(G) transportation systems and services; and
                    ``(H) government operations that provide essential 
                services to the public.
    ``(b) Offense.--It shall be unlawful to, during and in relation to 
a felony violation of section 1030, intentionally cause or attempt to 
cause damage to a critical infrastructure computer, and such damage 
results in (or, in the case of an attempt, would, if completed have 
resulted in) the substantial impairment--
            ``(1) of the operation of the critical infrastructure 
        computer; or
            ``(2) of the critical infrastructure associated with the 
        computer.
    ``(c) Penalty.--Any person who violates subsection (b) shall be 
fined under this title, imprisoned for not less than 3 years nor more 
than 20 years, or both.
    ``(d) Consecutive Sentence.--Notwithstanding any other provision of 
law--
            ``(1) a court shall not place on probation any person 
        convicted of a violation of this section;
            ``(2) except as provided in paragraph (4), no term of 
        imprisonment imposed on a person under this section shall run 
        concurrently with any other term of imprisonment, including any 
        term of imprisonment imposed on the person under any other 
        provision of law, including any term of imprisonment imposed 
        for the felony violation section 1030;
            ``(3) in determining any term of imprisonment to be imposed 
        for a felony violation of section 1030, a court shall not in 
        any way reduce the term to be imposed for such crime so as to 
        compensate for, or otherwise take into account, any separate 
        term of imprisonment imposed or to be imposed for a violation 
        of this section; and
            ``(4) a term of imprisonment imposed on a person for a 
        violation of this section may, in the discretion of the court, 
        run concurrently, in whole or in part, only with another term 
        of imprisonment that is imposed by the court at the same time 
        on that person for an additional violation of this section, 
        provided that such discretion shall be exercised in accordance 
        with any applicable guidelines and policy statements issued by 
        the United States Sentencing Commission pursuant to section 994 
        of title 28.''.
    (b) Technical and Conforming Amendment.--The table of sections for 
chapter 47 of title 18, United States Code, is amended by inserting 
after the item relating to section 1030 the following:

``Sec. 1030A. Aggravated damage to a critical infrastructure 
                            computer.''.

SEC. 8. LIMITATION ON ACTIONS INVOLVING UNAUTHORIZED USE.

    Section 1030(e)(6) of title 18, United States Code, is amended by 
striking ``alter;'' and inserting ``alter, but does not include access 
in violation of a contractual obligation or agreement, such as an 
acceptable use policy or terms of service agreement, with an Internet 
service provider, Internet website, or non-government employer, if such 
violation constitutes the sole basis for determining that access to a 
protected computer is unauthorized;''.

Answer: Cyber Crime Protection Security Act - Amends the federal criminal code to make fraud in connection with the unauthorized access of personally identifiable information (in electronic or digital form) a predicate for instituting a prosecution for racketeering.

Increases penalties for fraud and related activity in connection with computers.

Expands the prohibition against trafficking in passwords to include trafficking through any means by which a protected computer may be accessed without authorization.

Imposes criminal penalties for attempts and conspiracies to commit fraud and related activity in connection with computers.

Modifies criminal and civil forfeiture provisions, including requiring certain civil forfeiture seizures and forfeitures to be performed by persons designated for that purpose by the Secretary of Homeland Security (DHS) or the Attorney General (DOJ).

 Prohibits, during and in relation to a felony violation of provisions regarding fraud and related activity in connection with computers, intentionally causing or attempting to cause damage to a critical infrastructure computer if such damage results in (or, in the case of an attempt, would, if completed have resulted in) the substantial impairment of the operation of that computer or of the critical infrastructure associated with the computer. Imposes a prison term of between 3 and 20 years, a fine, or both. Prohibits probation for any person convicted of such a violation. Provides for concurrent sentences under specified circumstances.

Excludes from the definition of "exceeds authorized access" for purposes of the prohibition against fraudulent use of computers, access in violation of a contractual obligation or agreement, such as an acceptable use policy or terms of service agreement, with an Internet service provider, Internet website, or nongovernment employer, if such violation constitutes the sole basis for determining that access to a protected computer is unauthorized.


Question: SECTION 1. SHORT TITLE.

    This Act may be cited as the ``New Bridging Industry and Government 
Through Hi-Tech Research on Energy Efficiency Act of 2008''.

SEC. 2. FINDINGS.

    Congress makes the following findings:
            (1) Congress enacted legislation to dramatically increase 
        Corporate Average Fuel Economy standards (hereafter in this 
        section referred to as ``CAFE standards''), mandating a fleet-
        wide fuel economy of 35 miles per gallon by 2020.
            (2) The new CAFE standards represent a 27 percent increase 
        over current CAFE standards.
            (3) The new CAFE standards require Chrysler, Ford, and 
        General Motors to increase their research and development 
        investments at an estimated cost of $85,000,000,000.
            (4) Chrysler, Ford, and General Motors currently invest a 
        total of approximately $16,000,000,000 each year to research 
        and develop safer, more efficient, and alternatively fueled 
        automobiles.
            (5) Chrysler, Ford, and General Motors employ more than 
        65,000 Americans to research and develop new technologies.
            (6) These required investments will place a large cost 
        burden on an already struggling industry, representing an 
        estimated additional $7,000,000,000 per year above current 
        research and development investments.
            (7) Investments of finite funds in new energy efficiency 
        initiatives should not detract from current investments in 
        improved vehicle safety technology.
            (8) Energy availability is a national security issue of the 
        utmost importance.
            (9) A significant portion of United States energy use comes 
        from imported petroleum products from unstable regions.
            (10) Clean diesel technology is a more efficient way to 
        utilize petroleum products to reduce emissions in the short-
        term while alternative energy sources are developed.
            (11) Harmonization of biodiesel composition standards will 
        enable more widespread use of clean diesel technology 
        throughout the country.
            (12) Electric vehicle propulsion can help reduce dependence 
        on petroleum-based energy.
            (13) Energy storage is critical in making electric vehicles 
        commercially viable.
            (14) Technical challenges remain before adequate energy 
        storage for electric vehicles becomes a reality.
            (15) There is no current domestic production of advanced 
        battery technology applicable to hybrid or electric vehicles.
            (16) Domestic research, development, demonstration, and 
        production of advanced battery and electric vehicle technology 
        will create many high-paying jobs.
            (17) Hydrogen fuel cell vehicles represent the long-term 
        goal of nearly emission-free transportation.
            (18) Increased availability of hydrogen fuel is crucial to 
        increase the viability of leap-ahead hydrogen vehicle 
        technology.
            (19) The United States Government currently invests Federal 
        funds across numerous agencies into research and development of 
        advanced fuel and efficiency enhancing technology, spending 
        approximately $400,000,000 in fiscal year 2007 and 
        approximately $1,100,000,000 in fiscal year 2008.
            (20) Expanding and coordinating these currently disparate 
        efforts would yield greater gains in the development of viable 
        efficient alternative fuel technologies.
            (21) The Federal Government can and should concert its 
        efforts in order to adequately provide relief from the large 
        cost burden placed on the auto industry by requiring extensive 
        research and development of advanced technology.

SEC. 3. ADVANCED BATTERY RESEARCH AND DEVELOPMENT.

    (a) Definition.--For purposes of this section, the term ``battery'' 
means an electrochemical energy storage system powered directly by 
electrical current.
    (b) Research and Development Grant Program.--
            (1) In general.--The Secretary of Energy shall establish a 
        program for making grants to National Laboratories and 
        institutions of higher education for research, development, and 
        demonstration of high-efficiency advanced battery technologies. 
        Such grants may be used for--
                    (A) exploratory research;
                    (B) battery system devlopment;
                    (C) vehicle technology demonstration and 
                validation; and
                    (D) United States advanced battery production 
                capability development.
            (2) Priority consideration.--In awarding grants under this 
        section, the Secretary of Energy shall give priority 
        consideration to National Laboratories and institutions of 
        higher education that partner with original equipment 
        maunfacturers of vehicles that will use the high-efficiency 
        advanced battery technologies being researched, developed, or 
        demonstrated.
    (c) Authorization of Appropriations.--There are authorized to be 
appropriated to the Secretary of Energy for carrying out this section 
$150,000,000 for each of the fiscal years 2009 through 2013.

SEC. 4. RESEARCH AND DEVELOPMENT TAX CREDIT.

    (a) Permanent Extension.--Section 41 of the Internal Revenue Code 
of 1986 (relating to credit for increasing research activities) is 
amended by striking subsection (h).
    (b) Refundability.--Section 41 of such Code, as amended by 
subsection (a), is amended by adding at the end the following new 
subsection:
    ``(h) Portion of Credit Treated as Refundable.--
            ``(1) In general.--For purposes of this title, so much of 
        the credit which would be allowed under this section for any 
        taxable year (determined without regard to this subsection) 
        that is attributable to expenditures for technology designed to 
        meet Corporate Average Fuel Economy standards shall be treated 
        as allowed under subpart C and not under this section.
            ``(2) Special rule for partnerships.--In the case of a 
        partnership that elects to have this subsection apply--
                    ``(A) paragraph (1) shall apply at the partnership 
                level (and not at the partner level),
                    ``(B) the amount of the credit determined under 
                paragraph (1) shall be treated as an overpayment of 
                tax,
                    ``(C) the partnership shall be treated as the 
                person who made the overpayment of tax, and the 
                Secretary shall refund the amount of such overpayment 
                to the partnership, and
                    ``(D) the amount of credits under this section that 
                would otherwise be separately stated to the partners of 
                the partnership pursuant to section 702(a) shall be 
                reduced by the amount determined under paragraph 
                (1).''.
    (c) Conforming Amendment.--Section 45C(b)(1) of such Code is 
amended by striking subparagraph (D).
    (d) Effective Date.--The amendments made by this section shall 
apply to amounts paid or incurred after December 31, 2007.

SEC. 5. INTERAGENCY GROUP ON CAFE STANDARDS.

    (a) Establishment and Membership.--
            (1) In general.--There is established an Interagency 
        Working Group on Corporate Average Fuel Economy Standards 
        comprised of 1 representative of the following:
                    (A) the Departments of Agriculture, Commerce, 
                Defense, Energy, Interior, Labor, and Transportation, 
                appointed by the respective Secretaries of such 
                Departments;
                    (B) the Environmental Protection Agency, appointed 
                by the Administrator of such agency;
                    (C) the National Science Foundation and the Office 
                of Management and Budget, appointed by the respective 
                Directors of such agencies;
                    (D) 3 representatives of the automobile 
                manufacturing industry, appointed by the President; and
                    (E) members representing such additional Federal 
                agencies as the President shall appoint.
            (2) Chairperson.--The Interagency Working Group established 
        under subsection (a)(1) shall be chaired by the representative 
        of the Department of Defense, the Department of Energy, the 
        Department of Transportation, the Department of Commerce, or 
        the Environmental Protection Agency, as determined by the 
        membership. The chairperson shall serve for a term of 1 year.
    (b) Purpose and Duties.--
            (1) Purpose.--The purpose of the Interagency Working Group 
        is to ensure Federal agencies' work to research and develop 
        advanced fuel technology is coordinated and concerted in order 
        to increase vehicle fuel efficiency and reduce emissions.
            (2) Duties.--The Interagency Working Group established 
        under subsection (a)(1) shall--
                    (A) meet not less than 4 times annually to examine 
                the status of efforts by auto companies to meet the 
                corporate automobile fuel economy standards required 
                under section 32902 of title 49, United States Code;
                    (B) propose policy recommendations for solutions to 
                meet such standards;
                    (C) formulate a recommended budget for all Federal 
                spending on research and development of advanced fuel 
                technologies and submit such recommended budget to the 
                President and to Congress;
                    (D) review agency priorities and technical issues 
                for Federally funded technology research and 
                development;
                    (E) promote communications among the government, 
                private sector, and academia on research and 
                development requirements and programs; and
                    (F) submit a report of its activities to Congress 
                annually.

SEC. 6. HARMONIZATION OF BIOFUELS PRODUCTION STANDARDS.

    (a) In General.--The Administrator of the Environmental Protection 
Agency shall work with national and international standard setting 
organizations, along with other government organizations, to harmonize 
standards for the production of biofuels from a variety of feedstocks 
and the blending of such fuels with petroleum-based fuels at various 
concentrations.
    (b) Annual Report.--Not later than 1 year after the date of 
enactment of this Act, and annually thereafter, the Administrator of 
the Environmental Protection Agency shall transmit to the Congress a 
report on progress made under subsection (a).

SEC. 7. HYDROGEN FUELING PUMPS.

    (a) Grant Program.--The Secretary of Transportation shall establish 
a program for making grants with the goal of establishing at least 100 
publicly available hydrogen fueling pumps at retail gas stations by 
2013 in at least 2 selected regions.
    (b) Required Contribution.--As a condition of receiving a grant 
under subsection (a), the owner or operator of a gas station shall be 
required to contribute, or obtain funding from a State or local 
government entity for, at least 10 percent of the cost of the hydrogen 
fueling pump.
    (c) Authorization of Appropriations.--There are authorized to be 
appropriated to the Secretary of Transportation for carrying out this 
section $50,000,000 for each of the fiscal years 2009 through 2013.

SEC. 8. FEDERAL ACQUISITION OF HYDROGEN FUEL CELL VEHICLES.

    There are authorized to be appropriated to the Administrator of the 
General Services Administration for the acquisition of hydrogen fuel 
cell vehicles for use by Federal agencies $50,000,000 for each of the 
fiscal years 2012 through 2014.

Answer:
New Bridging Industry and Government Through Hi-Tech Research on Energy Efficiency Act of 2008 - Requires the Secretary of Energy to establish a program for making grants to National Laboratories and institutions of higher education for research, development, and demonstration of high-efficiency advanced battery technologies. Allows such grants to be used for: (1) exploratory research; (2) battery system development; (3) vehicle technology demonstration and validation; and (4) U.S. advanced battery production capability development.

Defines "battery" to mean an electrochemical energy storage system powered directly by electrical current.

Requires the Secretary to give priority consideration to National Laboratories and institutions of higher education that partner with original equipment manufacturers of vehicles that will use the technologies.

Amends the Internal Revenue Code to extend and revise the credit for increasing research activities.

Establishes an Interagency Working Group on Corporate Average Fuel Economy Standards to ensure that federal agencies' work to research and develop advanced fuel technology is coordinated and concerted in order to increase vehicle fuel efficiency and reduce emissions.

Requires the Administrator of the Environmental Protection Agency (EPA) to work with national and international standard setting organizations to harmonize standards for the production of biofuels from a variety of feedstocks and the blending of such fuels with petroleum-based fuels at various concentrations.

Requires the Secretary of Transportation to establish a program for making grants with the goal of establishing at least 100 publicly available hydrogen fueling pumps at retail gas stations by 2013 in at least two selected regions.

Authorizes funds to be appropriated to the Administrator of the General Services Administration (GSA) for the acquisition of hydrogen fuel cell vehicles for use by federal agencies for each of FY2012-FY2014.