ENERGY EFFICIENT APPLIANCE CREDIT.

SEC. 709. ENERGY EFFICIENT APPLIANCE CREDIT.(a) Dishwashers.—Paragraph (1) of section 45M(b) is amended by striking “and” at the end of subparagraph (A), by striking the 124 STAT. 3313 period at the end of subparagraph (B) and inserting a comma, and by adding at the end the following new subparagraphs:“(C) $25 in the case of a dishwasher which is manufactured in calendar year 2011 and which uses no more than 307 kilowatt hours per year and 5.0 gallons per cycle (5.5 gallons per cycle for dishwashers designed for greater than 12 place settings),“(D) $50 in the case of a dishwasher which is manufactured in calendar year 2011 and which uses no more than 295 kilowatt hours per year and 4.25 gallons per cycle (4.75 gallons per cycle for dishwashers designed for greater than 12 place settings), and“(E) $75 in the case of a dishwasher which is manufactured in calendar year 2011 and which uses no more than 280 kilowatt hours per year and 4 gallons per cycle (4.5 gallons per cycle for dishwashers designed for greater than 12 place settings).”.(b) Clothes Washers.—Paragraph (2) of section 45M(b) is amended by striking “and” at the end of subparagraph (C), by striking the period at the end of subparagraph (D) and inserting a comma, and by adding at the end the following new subparagraphs:“(E) $175 in the case of a top-loading clothes washer manufactured in calendar year 2011 which meets or exceeds a 2.2 modified energy factor and does not exceed a 4.5 water consumption factor, and“(F) $225 in the case of a clothes washer manufactured in calendar year 2011—“(i) which is a top-loading clothes washer and which meets or exceeds a 2.4 modified energy factor and does not exceed a 4.2 water consumption factor, or“(ii) which is a front-loading clothes washer and which meets or exceeds a 2.8 modified energy factor and does not exceed a 3.5 water consumption factor.”.(c) Refrigerators.—Paragraph (3) of section 45M(b) is amended by striking “and” at the end of subparagraph (C), by striking the period at the end of subparagraph (D) and inserting a comma, and by adding at the end the following new subparagraphs:“(E) $150 in the case of a refrigerator manufactured in calendar year 2011 which consumes at least 30 percent less energy than the 2001 energy conservation standards, and“(F) $200 in the case of a refrigerator manufactured in calendar year 2011 which consumes at least 35 percent less energy than the 2001 energy conservation standards.”.(d) Rebasing of Limitations.—(1) In general.—Paragraph (1) of section 45M(e) is amended—(A) by striking “$75,000,000” and inserting “$25,000,000”, and(B) by striking “December 31, 2007” and inserting “December 31, 2010”.(2) Exception for certain refrigerators and clothes washers.—Paragraph (2) of section 45M(e) is amended—124 STAT. 3314(A) by striking “subsection (b)(3)(D)” and inserting “subsection (b)(3)(F)”, and(B) by striking “subsection (b)(2)(D)” and inserting “subsection (b)(2)(F)”.(3) Gross receipts limitation.—Paragraph (3) of section 45M(e) is amended by striking “2 percent” and inserting “4 percent”.(e) Effective Dates.—(1) In general.—The amendments made by subsections (a), (b), and (c) shall apply to appliances produced after December 31, 2010.(2) Limitations.—The amendments made by subsection (d) shall apply to taxable years beginning after December 31, 2010.