12 2 STA T .380 8 PUBLIC LA W 110 – 3 4 3 —O CT. 3 , 2008 Sec.209 . Ext e nsio n a n dm odi f ication of e l ection to ex p ense ce r tain refineries. Sec. 2 1 0. Extension of s u spension of taxa b le income limit on percenta g e depletion for oil and natural gas produced from marginal properties. Sec. 211. T ransportation fringe benefit to bic y cle commuters. T I T L E III — E N E RGYCO NSER VA TION AN D E F FICIENCY P ROVISIONS Sec. 3 01. Q ualified energy conser v ation bonds. Sec. 302. Credit for nonbusiness energy property. Sec. 303. Energy efficient commercial buildings deduction. Sec. 30 4 . Ne w energy efficient h ome credit. Sec. 30 5 . M odifications of energy efficient appliance credit for appliances produced after 200 7 . Sec. 30 6 . Accelerated recovery period for depreciation of smart meters and smart grid systems. Sec. 307. Qualified green building and sustainable design pro j ects. Sec. 30 8 . Special depreciation allowance for certain reuse and recycling property. TITLE IV—REVEN U E PROVISIONS Sec. 401. Limitation of deduction for income attributable to domestic production of oil , gas, or primary products thereof. Sec. 402. Elimination of the different treatment of foreign oil and gas extraction in - come and foreign oil related income for purposes of the foreign tax cred- it. Sec. 403. B ro k er reporting of customer ’ s basis in securities transactions. Sec. 404. 0.2 percent FUTA surtax. Sec. 405. Increase and extension of Oil Spill Liability Trust Fund tax. TI T LE I — E N E RGYP R ODUC TION INCENTI V E S S ubti t leA —Re n e wa ble Ene rgy In c enti v e sSEC.10 1. R E N E WABL E ENER GY CRE DIT . (a)EXTENSIO NO FCR E D IT .— ( 1 )1 -Y E A R EXTENSION FOR W IND AND REFINED C OA L FACILI- TIES.— P a r a g ra phs (1) a nd ( 8 ) of s ecti on 45 (d) are each a m ended by stri k ing ‘ ‘ J an u ary 1 ,20 0 9’ ’ and inserting ‘‘January 1, 2010’’. (2) 2-YEAR EXTENSION FOR CERTAIN OT H ER FACILITIES.— Each of the fo l lo w ing pro v isions of section 45(d) is amended by striking ‘‘January 1, 2009’’ and inserting ‘‘January 1, 2011’’
( A ) Clauses (i) and (ii) of paragraph (2)(A). ( B ) Clauses (i)( I ) and (ii) of paragraph ( 3 )(A). (C) Paragraph (4). ( D ) Paragraph (5). (E) Paragraph ( 6 ). ( F ) Paragraph ( 7 ). ( G ) S ubparagraphs (A) and (B) of paragraph (9). (b) M ODIFICATION OF R EFINED COAL AS A QU ALIFIED ENER G Y RESOURCE.— (1) ELI M INATION OF INCREASED MAR K ET V ALUE TEST.—Sec- tion 45(c)(7)(A)(i) (defining refined coal), as amended by section 108, is amended— (A) by striking subclause (I V ), (B) by adding ‘‘and’’ at the end of subclause (II), and (C) by striking ‘‘, and’’ at the end of subclause (III) and inserting a period. (2) INCREASE IN RE Q UIRED EMISSION REDUCTION.—Section 45(c)(7)(B) (defining q ualified emission reduction) is amended by inserting ‘‘at least 40 percent of the emissions of’’ after ‘‘nitrogen o x ide and’’. 26USC45.
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