Page:United States Statutes at Large Volume 124.djvu/3337

 124 STAT. 3311 PUBLIC LAW 111–312—DEC. 17, 2010 SEC. 702. CREDIT FOR REFINED COAL FACILITIES. (a) IN GENERAL.—Subparagraph (B) of section 45(d)(8) is amended by striking ‘‘January 1, 2010’’ and inserting ‘‘January 1, 2012’’. (b) EFFECTIVE DATE.—The amendment made by this section shall apply to facilities placed in service after December 31, 2009. SEC. 703. NEW ENERGY EFFICIENT HOME CREDIT. (a) IN GENERAL.—Subsection (g) of section 45L is amended by striking ‘‘December 31, 2009’’ and inserting ‘‘December 31, 2011’’. (b) EFFECTIVE DATE.—The amendment made by this section shall apply to homes acquired after December 31, 2009. SEC. 704. EXCISE TAX CREDITS AND OUTLAY PAYMENTS FOR ALTER- NATIVE FUEL AND ALTERNATIVE FUEL MIXTURES. (a) IN GENERAL.—Sections 6426(d)(5), 6426(e)(3), and 6427(e)(6)(C) are each amended by striking ‘‘December 31, 2009’’ and inserting ‘‘December 31, 2011’’. (b) EXCLUSION OF BLACK LIQUOR FROM CREDIT ELIGIBILITY.— The last sentence of section 6426(d)(2) is amended by striking ‘‘or biodiesel’’ and inserting ‘‘biodiesel, or any fuel (including lignin, wood residues, or spent pulping liquors) derived from the production of paper or pulp’’. (c) SPECIAL RULE FOR 2010.—Notwithstanding any other provi- sion of law, in the case of any alternative fuel credit or any alter- native fuel mixture credit properly determined under subsection (d) or (e) of section 6426 of the Internal Revenue Code of 1986 for periods during 2010, such credit shall be allowed, and any refund or payment attributable to such credit (including any pay- ment under section 6427(e) of such Code) shall be made, only in such manner as the Secretary of the Treasury (or the Secretary’s delegate) shall provide. Such Secretary shall issue guidance within 30 days after the date of the enactment of this Act providing for a one-time submission of claims covering periods during 2010. Such guidance shall provide for a 180-day period for the submission of such claims (in such manner as prescribed by such Secretary) to begin not later than 30 days after such guidance is issued. Such claims shall be paid by such Secretary not later than 60 days after receipt. If such Secretary has not paid pursuant to a claim filed under this subsection within 60 days after the date of the filing of such claim, the claim shall be paid with interest from such date determined by using the overpayment rate and method under section 6621 of such Code. (d) EFFECTIVE DATE.—The amendments made by this section shall apply to fuel sold or used after December 31, 2009. SEC. 705. SPECIAL RULE FOR SALES OR DISPOSITIONS TO IMPLEMENT FERC OR STATE ELECTRIC RESTRUCTURING POLICY FOR QUALIFIED ELECTRIC UTILITIES. (a) IN GENERAL.—Paragraph (3) of section 451(i) is amended by striking ‘‘January 1, 2010’’ and inserting ‘‘January 1, 2012’’. (b) EFFECTIVE DATE.—The amendment made by this section shall apply to dispositions after December 31, 2009. SEC. 706. SUSPENSION OF LIMITATION ON PERCENTAGE DEPLETION FOR OIL AND GAS FROM MARGINAL WELLS. (a) IN GENERAL.—Clause (ii) of section 613A(c)(6)(H) is amended by striking ‘‘January 1, 2010’’ and inserting ‘‘January 1, 2012’’. 26 USC 451 note. 26 USC 6426 note. Time period. Guidance. Claims. Deadline. 26 USC 6426 note. 26 USC 45L note. 26 USC 45 note. 26 USC 45.