Page:United States Statutes at Large Volume 123.djvu/339

 123STA T . 31 9PUBLIC LA W 111 –5—FE B.1 7, 2 0 09 PARTI I — A L T E R N ATI V E M INIM U MTA X RELIE FSEC.10 11. E XT E N S IO NO FAL TE R NATI V E M INIM U M TAX RELIEF FOR NONREFUN D A B LE P ERSONAL CREDITS. (a)INGE NE RAL.—P a r a g ra ph ( 2 ) ofsecti o n 2 6 (a) (re l ating to special r u le for ta x a b le y ears 2 0 00 through 200 8 )isa m en d ed— ( 1 ) by stri k ing ‘ ‘or 2008 ’ ’ and inserting ‘‘2008 , or 200 9 ’’, and (2) by striking ‘‘ 20 0 8 ’’ in the heading thereof and inserting ‘‘200 9 ’’. (b) EF FE CTIV E D ATE.— T he amendments made by this section shall apply to taxable years beginning after December 3 1, 2008. SEC. 101 2 . EXTENSION OF INCREASED ALTERNATIVE MINIMUM TAX EXEMPTION AMOUNT. (a) IN GENERAL.—Paragraph (1) of section 5 5(d) (relating to exemption amount) is amended— (1) by striking ‘‘( $ 69,950 in the case of taxable years begin - ning in 2008)’’ in subparagraph ( A ) and inserting ‘‘($ 7 0,950 in the case of taxable years beginning in 2009)’’, and (2) by striking ‘‘($ 4 6,200 in the case of taxable years begin- ning in 2008)’’ in subparagraph ( B ) and inserting ‘‘($46,700 in the case of taxable years beginning in 2009)’’. (b) EFFECTIVE DATE.—The amendments made by this section shall apply to taxable years beginning after December 31, 2008. Subti t leB—En e rgyI n c enti v e s PART I—RENE W A B LE ENER GY IN C ENTIVE S SEC. 1101. EXTENSION OF CREDIT FOR ELECTRICIT Y PRODUCED FROM CERTAIN RENE W ABLE RESOURCES. (a) IN GENERAL.— S ubsection (d) of section 45 is amended— (1) by striking ‘‘2010’’ in paragraph (1) and inserting ‘‘2013’’, (2) by striking ‘‘2011’’ each place it appears in paragraphs (2), (3), (4), (6), (7) and (9) and inserting ‘‘2014’’, and (3) by striking ‘‘2012’’ in paragraph (11)(B) and inserting ‘‘2014’’. (b) TEC H NICAL A M EN D MENT.—Paragraph (5) of section 45(d) is amended by striking ‘‘and before’’ and all that follo w s and inserting ‘‘ and before O ctober 3, 2008.’’. (c) EFFECTIVE DATE.— (1) IN G ENERAL.—The amendments made by subsection (a) shall apply to property placed in ser v ice after the date of the enactment of this Act. (2) TECHNICAL AMENDMENT.—The amendment made by subsection (b) shall take effect as if included in section 102 of the Energy Improvement and Extension Act of 2008. SEC. 1102. ELECTION OF INVESTMENT CREDIT IN LIEU OF PRODUC - TION CREDIT. (a) IN GENERAL.—Subsection (a) of section 48 is amended by adding at the end the following new paragraph ‘‘(5) ELECTI O N TO TREAT QU ALIFIED FACILITIE S AS ENERG YP ROPERTY.— ‘‘(A) IN GENERAL.—In the case of any q ualified property which is part of a qualified investment credit facility— 26USC45note. 26 USC 55 note. 26 USC 26 note. 26 USC 26.