Page:United States Statutes at Large Volume 122.djvu/3845

 12 2 STA T .38 22 PUBLIC LA W 11 0– 3 4 3 —O CT. 3 , 2008 noti n cludea n ypr operty wh ich i s located outside the U nited S tates .’ ’. ( d )EF F ECTIV E DA TE S . — ( 1 )E X TE N SI O N.— T hea m endments made b y subsection (a) shall apply to transactions a f ter December 3 1 ,20 0 7 . (2) T R ANSFERS OF O P ERATIONA L CONTROL.—The amendment made by subsection (b) shall ta k e effect as if included in section 9 09 of the A merican J obs C reation Act of 200 4 . (3) EXCEPTION FOR PROPERT Y LOCATE D O U TSIDE T H E UNITED STATES.—The amendment made by subsection (c) shall apply to transactions after the date of the enactment of this Act. Subti t leB—Car b onM iti g ation an d Coal P ro v i s ions SEC.1 11. E XPAN S IO NAN DM ODI F ICA T ION OF AD V ANCED COA L P R O J ECT INVESTMENT CREDIT. (a) M ODIFICATION OF CREDIT A M OUNT.—Section 4 8 A(a) is amended by strikin g‘ ‘and’’ at the end of paragraph (1), by striking the period at the end of paragraph (2) and inserting ‘‘, and’’, and by adding at the end the following new paragraph

‘‘(3) 30 percent of the q ualified in v estment for such ta x able year in the case of pro j ects described in clause (iii) of subsection (d)(3)( B ).’’. (b) EXPANSION OF A G GREGATE CREDITS.—Section 48A(d)(3)(A) is amended by striking ‘‘ $ 1,300,000,000’’ and inserting ‘‘$2, 5 50,000,000’’. (c) AUTHORI Z ATION OF ADDITIONAL P RO J ECTS.— (1) I N GENERAL.—Subparagraph (B) of section 48A(d)(3) is amended to read as follows: ‘‘(B) PARTICULAR PROJECTS.— O f the dollar amount in subparagraph (A), the Secretary is authori z ed to certify— ‘‘(i) $800,000,000 for integrated gasification com - bined cycle projects the application for which is sub- mitted during the period described in paragraph (2)(A)(i), ‘‘(ii) $500,000,000 for projects which use other advanced coal-based generation technologies the application for which is submitted during the period described in paragraph (2)(A)(i), and ‘‘(iii) $1,250,000,000 for advanced coal-based generation technology projects the application for which is submitted during the period described in para- graph (2)(A)(ii).’’. (2) APPLICATION PERIOD FOR ADDITIONAL PROJECTS.— Subparagraph (A) of section 48A(d)(2) is amended to read as follows: ‘‘(A) APPLICATION PERIOD.—Each applicant for certifi- cation under this paragraph shall submit an application meeting the requirements of subparagraph (B). An applicant may only submit an application— ‘‘(i) for an allocation from the dollar amount speci- fied in clause (i) or (ii) of paragraph (3)(B) during the 3-year period beginning on the date the Secretary establishes the program under paragraph (1), and Certif i ca ti on.26US C 48A . 26USC4 51 note.

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