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

This Act may be cited as the ''Natural Gas Energy and Alternatives
Rewards Act'' or the ''NGEAR Act''.

SEC. 2. PURPOSE.

The purpose of this Act is to establish clean energy policies
that--
(1) provide market certainty to drive private and
commercial capital investment in clean energy options;
(2) promote clean energy technologies that will--
(A) lead to increased production, diversity, and
dissemination of energy generation; and
(B) enable the United States to bridge the gap from
foreign energy imports to secure, domestically produced
energy; and
(3) contain clean energy incentives that will--
(A) provide for ongoing increases in energy
demands;
(B) support the growth of jobs and businesses in
America; and
(C) reduce vehicular petroleum use and emissions.

SEC. 3. EXTENSION OF ALTERNATIVE FUELS EXCISE TAX CREDITS.

(a) In General.--Sections 6426(d)(5) and 6426(e)(3) of the Internal
Revenue Code of 1986 are each amended by striking ''December 31, 2011
(September 30, 2014, in the case of any sale or use involving liquefied
hydrogen)'' and inserting ''December 31, 2016''.
(b) Conforming Amendments for Direct Payments.--Paragraph (6) of
section 6427(e) of the Internal Revenue Code of 1986 is amended--
(1) by adding ''and'' at the end of subparagraph (B), and
(2) by striking subparagraphs (C) and (D) and inserting the
following new subparagraph:
''(C) any alternative fuel or alternative fuel
mixture (as defined in subsection (d)(2) or (e)(3) of
section 6426) sold or used after December 31, 2016.''.
(c) Effective Date.--The amendments made by this section shall
apply to fuel sold or used after December 31, 2011.

SEC. 4. EXTENSION AND MODIFICATION OF ALTERNATIVE FUEL VEHICLE
REFUELING PROPERTY CREDIT.

(a) In General.--Paragraph (1) of section 30C(g) of the Internal
Revenue Code of 1986 is amended to read as follows:
''(1) in the case of property of a character subject to an
allowance for depreciation, after December 31, 2016, and''.
(b) Effective Date.--The amendment made by this section shall apply
to property placed in service after December 31, 2011.

SEC. 5. NATURAL GAS ENERGY AND ALTERNATIVES REBATES PROGRAM.

Section 400CC of the Energy Policy and Conservation Act (42 U.S.C.
6374b) is amended to read as follows:

''SEC. 400CC. ALTERNATIVE FUELS BUS PROGRAM.

''(a) Definitions.--In this section:
''(1) Alternative fuel.--The term 'alternative fuel' means
natural gas, liquid petroleum gas, hydrogen, or fuel cell.
''(2) Alternatively fueled bus.--The term 'alternatively
fueled bus' means--
''(A) a school bus (as defined in section 390.5 of
title 49, Code of Federal Regulations) that operates on
alternative fuel;
''(B) a multifunction school activity bus (as
defined in section 571.3 of title 49, Code of Federal
Regulations) that operates on alternative fuel; or
''(C) a motor vehicle that--
''(i) provides public transportation (as
defined in section 5302(a)(10) of title 49,
United States Code); and
''(ii) operates on alternative fuel.
''(3) Eligible entity.--The term eligible entity means--
''(A) a public or private entity providing
transportation exclusively for school students,
personnel, and equipment; or
''(B) a public entity providing mass transit
services to the public.
''(b) Rebate Program.--
''(1) In general.--The Secretary of Transportation shall
establish the Natural Gas Energy and Alternatives Rebates
Program (referred to in this section as the 'NGEAR Program') to
subsidize the purchase of alternatively fueled buses by
eligible entities.
''(2) Amounts.--An eligible entity that purchases an
alternatively fueled bus during the period beginning on the
date of the enactment of the NGEAR Act and ending on December
31, 2016, is eligible to receive a rebate from the Department
of Transportation in an amount equal to the lesser of--
''(A) 30 percent of the purchase price of the
alternatively fueled bus; or
''(B) $15,000.
''(3) Application.--Eligible entities desiring a rebate
under this subsection shall submit an application to the
Secretary of Transportation that contains copies of relevant
sales invoices and any additional information that the
Secretary of Transportation may require.''.
Output:
Natural Gas Energy and Alternatives Rewards Act or the NGEAR Act - Amends the Internal Revenue Code to extend through 2016: (1) the excise tax credits for alternative fuels and alternative fuel mixtures; and (2) the tax credit for depreciable property used for alternative fuel vehicle refueling, including property relating to hydrogen.

Amends the Energy Policy and Conservation Act to direct the Secretary of Transportation (DOT) to establish a rebate program through 2016 for the purchase of alternatively fueled buses by: (1) a public or private entity providing transportation exclusively for school students, personnel, and equipment; or (2) a public entity providing mass transit services to the public. Allows such entities a rebate equal to the lesser of 30% of the purchase price of such a bus or $15,000.