CARBON AUDIT OF THE TAX CODE.

SEC. 117. CARBON AUDIT OF THE TAX CODE.(a) Study.—The Secretary of the Treasury shall enter into an agreement with the National Academy of Sciences to undertake a comprehensive review of the Internal Revenue Code of 1986 to identify the types of and specific tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects.(b) Report.—Not later than 2 years after the date of enactment of this Act, the National Academy of Sciences shall submit to Congress a report containing the results of study authorized under this section.(c) Authorization of Appropriations.—There is authorized to be appropriated to carry out this section $1,500,000 for the period of fiscal years 2009 and 2010.122 STAT. 3832