CREDIT TO HOLDERS OF CLEAN RENEWABLE ENERGY BONDS.

SEC. 202. CREDIT TO HOLDERS OF CLEAN RENEWABLE ENERGY BONDS.(a) In General.—Section 54 is amended—(1) by striking “$800,000,000” in subsection (f)(1) and inserting “$1,200,000,000”,120 STAT. 2945(2) by striking “$500,000,000” in subsection (f)(2) and inserting “$750,000,000”, and(3) by striking “December 31, 2007” in subsection (m) and inserting “December 31, 2008”.(b) Effective Dates.—(1) In general.—The amendments made by paragraphs (1) and (3) of subsection (a) shall apply to bonds issued after December 31, 2006.(2) Allocations.—The amendment made by subsection (a)(2) shall apply to allocations or reallocations after December 31, 2006.