CREDIT FOR NONBUSINESS ENERGY PROPERTY.

SEC. 302. CREDIT FOR NONBUSINESS ENERGY PROPERTY.(a) Extension of Credit.—Section 25C(g) is amended by striking “placed in service after December 31, 2007” and inserting “placed in service—“(1) after December 31, 2007, and before January 1, 2009, or“(2) after December 31, 2009.”.(b) Qualified Biomass Fuel Property.—(1) In general.—Section 25C(d)(3) is amended—(A) by striking “and” at the end of subparagraph (D),(B) by striking the period at the end of subparagraph (E) and inserting “, and”, and(C) by adding at the end the following new subparagraph:“(F) a stove which uses the burning of biomass fuel to heat a dwelling unit located in the United States and used as a residence by the taxpayer, or to heat water for use in such a dwelling unit, and which has a thermal efficiency rating of at least 75 percent.”.(2) Biomass fuel.—Section 25C(d) is amended by adding at the end the following new paragraph:“(6) Biomass fuel.—The term ‘biomass fuel’ means any plant-derived fuel available on a renewable or recurring basis, including agricultural crops and trees, wood and wood waste and residues (including wood pellets), plants (including aquatic plants), grasses, residues, and fibers.”.(c) Modification of Water Heater Requirements.—Section 25C(d)(3)(E) is amended by inserting “or a thermal efficiency of at least 90 percent” after “0.80”.122 STAT. 3845(d) Coordination With Credit for Qualified Geothermal Heat pump Property Expenditures.—(1) In general.—Paragraph (3) of section 25C(d), as amended by subsections (b) and (c), is amended by striking subparagraph (C) and by redesignating subparagraphs (D), (E), and (F) as subparagraphs (C), (D), and (E), respectively.(2) Conforming amendment.—Subparagraph (C) of section 25C(d)(2) is amended to read as follows:“(C) Requirements and standards for air conditioners and heat pumps.—The standards and requirements prescribed by the Secretary under subparagraph (B) with respect to the energy efficiency ratio (EER) for central air conditioners and electric heat pumps—“(i) shall require measurements to be based on published data which is tested by manufacturers at 95 degrees Fahrenheit, and“(ii) may be based on the certified data of the Air Conditioning and Refrigeration Institute that are prepared in partnership with the Consortium for Energy Efficiency.”.(e) Modification of Qualified Energy Efficiency Improvements.—(1) In general.—Paragraph (1) of section 25C(c) is amended by inserting “, or an asphalt roof with appropriate cooling granules,” before “which meet the Energy Star program requirements”.(2) Building envelope component.—Subparagraph (D) of section 25C(c)(2) is amended—(A) by inserting “or asphalt roof” after “metal roof”, and(B) by inserting “or cooling granules” after “pigmented coatings”.(f) Effective Dates.—(1) In general.—Except as provided in paragraph (2), the amendments made this section shall apply to expenditures made after December 31, 2008.(2) Modification of qualified energy efficiency improvements.—The amendments made by subsection (e) shall apply to property placed in service after the date of the enactment of this Act.