Moving the United States toward greater energy independence and security, developing innovative new technologies, reducing carbon emissions, creating green jobs, protecting consumers, increasing clean renewable energy production, and modernizing our energy infrastructure.

== Detailed Summary ==

<summary>
New Direction for Energy Independence, National Security, and Consumer Protection Act, and the Renewable Energy and Energy Conservation TaxForeclosure Prevention Act of 20072008 <b>- Division A: New Direction for Energy Independence, National Security, and Consumer Protection Act - Title I: Green JobsFHA Modernization Act of 2008 - </b>Green Jobs</b>FHA Modernization Act of 20072008<b> - Subtitle A: Building American Homeownership - </b>Building American Homeownership Act of 2008 - (Sec. 1002)112) Amends the Workforce InvestmentNational Housing Act of 1998(NHA) to revise mortgage insurance eligibility requirements. Alters the respective formulas to directincrease the Secretarypercentages of Labor to:the maximum principal loan obligations applicable to family residences located in: (1) establish an energy efficiencythe United States; and renewable energy worker training program; (2) collect and analyze labor market data to track workforce trends resulting from energy-related initiatives under this Act; and (3) award National Energy Training Partnerships (NETP) Grants to nonprofit partnerships to implement training programs that lead to economic self-sufficiency and develop an energy efficiency and renewable energy industries workforce. Alaska, Guam, Hawaii, or the Virgin Islands.

Specifies NETP grants for programs of: (1) state labor market research, information, and labor exchange research; (2) state energy training partnerships; and (3) at least ten pathways outProhibits the maximum principal loan obligation from exceeding 100% of poverty demonstrations.the appraised value of the property.

Authorizes appropriations.(Sec. 113) Increases from 3% to 3.5% of the appraised value of a property the mortgagor's required cash (or equivalent) investment (downpayment). Prohibits any funds for such cash investment from: (1) the seller or any other person or entity benefiting financially from the transaction (seller-funded downpayment assistance); or (2) any third party or entity reimbursed by any of such parties.

<b>Title II: International Climate Cooperation Re-engagement Act of 2007 </b>- International Climate Cooperation Re-engagement Act of 2007 - <b>Subtitle A: United States Policy on Global Climate Change </b>- (Sec. 2102) Sets forth congressional statements of policy, including promotion of U.S. and global security through leadership in cooperation with other nations(Sec. 114) Increases maximum mortgage insurance premiums for certain small family dwellings that are an obligation of the global effort to reduce and stabilize global greenhouse gas emissions and to stabilize their atmospheric concentration. Mutual Mortgage Insurance Fund (MMIF).

Declares that the United States will seek to obtain mitigation commitmentsRemoves General Insurance Fund (GIF) and condominium mortgages from major greenhouse gas emitting countries under the institutional framework provided by the United Nations Framework Convention on Climate Change. application of premium requirements (leaving only MMIF mortgages subject to such requirements).

(Sec. 2103) Establishes within115) Repeals the Departmenttermination date for, thus making permanent, the authority of State an Officethe Secretary of Global Climate Change to reduce global greenhouse emissionsHousing and Urban Development (HUD) to insure loans for rehabilitation of one- to address global climate change. four-family structures used primarily for residential purposes.

RequiresReplaces all references to the Secretary of StateGIF with references to report to certain congressional committees on the strategy, policies, and actions of the United States for reducing global greenhouse gas emissions and for addressing global climate change.MMIF.

(Sec. 2104) Expresses116) Instructs the senseSecretary to notify the Secretary of Agriculture (instead of Congress that the United States should further global energy security and promote democratic development in resource-rich foreign countries by taking specified steps, including: (1) encouraging further participation inAdministrator of the Extractive Industries Transparency Initiative (EITI) by eligible countries and companies; and (2) establishing a domestic reporting requirement for companies that purchase natural resources from or make paymentsFarmers Home Administration, as under current law) whenever HUD acts to government officialssuspend or entities connected withrevoke the extractionapproval of such resources so that citizens can monitor expenditures by government officialsany mortgagee to ensure accountability for illicit diversion and wasteful use of revenues received.participate in the mortgage insurance program.

Requires the Secretary of State to report annually to Congress on promoting transparency(Sec. 117) Requires any mortgage in extractive industries resource payments. a one-family unit in a condominium project insured by HUD to have a blanket mortgage also insured by HUD.

<b>Subtitle B: AssistanceRedefines mortgage to Promote Clean and Efficient Energy Technologiesinclude a one-family condominium unit in Foreign Countries </b>- (Sec. 2202) Requires the Administrator of the U.S. Agency for International Development (USAID) to support policies and programs in developing countries that promote clean and efficient energy technologies. Authorizes appropriations for FY2008-FY2012. certain multifamily projects.

(Sec. 2203) Requires118) Revises requirements governing the Secretary of Commerce to: (1) direct the U.S. And Foreign Commercial ServiceMMIF. Limits commitments for loan guarantees to expand or create a corps of Foreign Commercial Service officers to promote U.S. exportsthose specified in clean and efficient energy technologies and build the capacityappropriations Acts. Requires an annual independent actuarial study of government officials in India, China, and any other country to become more familiar with available technologies; and (2) direct the International Trade Administration (ITA)Fund, as well as quarterly reports to encourage private sector trade and investment in clean and efficient energy technologies.Congress.

Authorizes appropriations for FY2008-FY2012.the Secretary to adjust premiums and other features of the program as necessary to reduce the risk to the Fund if it is not meeting specified operational goals, including the institution of fraud prevention quality control screening.

(Sec. 2205) Expresses119) Revises requirements for single-family mortgage insurance on Hawaiian home lands and on Indian reservations to replace the sense of Congress thatGIF with the Overseas Private Investment Corporation (OPIC) should promote greater investment in clean and efficient energy technologies by taking specified steps, including reaching out to domestic companies interested in investing in clean and efficient energy technologies in countries that are significant contributors to global greenhouse gas emissions.MMIF as the obligated Fund.

(Sec. 2206) Instructs the Director of the Trade121) Redefines &quot;home mortgage&quot; and Development Agency&quot;mortgage&quot; in connection with cooperative housing projects to promote certain policies that fund projects using clean and efficient energy technologies.include a subordinate mortgage.

(Sec. 2207) Authorizes122) Requires the Secretarymortgagor of Statea home equity conversion mortgage (reverse mortgage) to establishreceive counseling from an independent third party that is neither associated with nor compensated by a global climate change exchange program.party involved in: (1) originating or servicing the mortgage; (2) funding the loan underlying the mortgage; or (3) the sale of annuities, investments, long-term care insurance, or any other type of financial or insurance product.

Authorizes appropriationsRequires the Secretary to establish mandatory qualification standards and uniform counseling protocols for FY2008-FY2012.counselors for home equity conversion mortgages for elderly homeowners.

(Sec. 2208) DirectsRepeals the President to provide assistance to the Interagency Working Group to support a Clean Energy Technology Exports Initiative.mandatory waiver of upfront premiums for mortgages that fund long-term care insurance.

Authorizes appropriationsRevises funding for FY2008-FY2012.consumer education counseling and outreach to authorize the Secretary to use a portion of the mortgage insurance premiums to fund mandatory counseling and disclosure activities, including counseling for homeowners who elect not to take out a home equity conversion mortgage.

(Sec. 2209) InstructsAuthorizes the Secretary to insure a home equity conversion mortgage that will be used to purchase a one- to four-family dwelling unit, one unit of Statewhich the mortgagor will occupy as a primary residence, and to reportprovide for any future payments to certain congressional committees on the impact of global climate change on developing countries.mortgagor, based upon available equity. Sets a limit upon such principal obligation.

<b>Subtitle C: International Clean Energy Foundation </b>- (Sec. 2302) EstablishesProhibits mortgage originators from participating or associating with or employing any party that participates in or is associated with any other financial or insurance activity. Requires mortgage originators, in the International Clean Energy Foundation to:alternative to such outright prohibition, to demonstrate that the mortgagee or other party will maintain safeguards designed to ensure that: (1) promote certain projects outsidemortgage origination participants have no involvement with nor incentive to provide the United States for reduction of global greenhouse gas emissions; and (2) workmortgagor with foreign governmentsany other financial or insurance product; and private entities(2) the mortgagor shall not be required, as a condition of obtaining a mortgage, to address such emissions.purchase any other financial or insurance product.

(Sec. 2307) Authorizes appropriations for FY2008-FY2012.Requires all mortgage origination participants in a HUD-insured mortgage to be HUD-approved.

<b>Title III: Small Energy Efficient Businesses </b>- Small Energy Efficient Businesses Act - (Sec. 3003) AmendsDeclares that a mortgagor shall not be required by the Small Business Investment Act of 1958mortgagee to specify alternative energy public policy goals, one of which any projects of state development companies must achievepurchase an insurance, annuity, or other additional product as a prerequisite to qualifyeligibility for certain assistance from the Small Business Administration (SBA). Includes among such goals: (1) reduction of energy consumption by at least 10%; and (2) plant, equipment, and process upgrades of renewable energy sources such as micropower or renewable fuels producers, including biodiesel and ethanol producers.a mortgage.

Provides for loansDirects the Secretary to: (1) study consumer protections and loan guaranteesunderwriting standards to ensure that product purchases are appropriate for projectsthe consumer; and (2) establish specified limits on the origination fee that may be charged to achieve such goals.a mortgagor under a HUD-insured mortgage.

(Sec. 3004) Declares that such loans shall include 90% SBA participationDirects the Comptroller General to study and a reduction of guaranteereport to Congress on the costs and yearly fees by half.availability of credit under the home equity conversion mortgages for elderly homeowners program.

(Sec. 3005) Authorizes an SBA Center to apply123) Amends the Energy Policy Act of 1992 to: (1) modify the maximum permissible costs of cost-effective energy efficiency improvements; and (2) prohibit the aggregate number of mortgages insured under the Energy Efficient Mortgages Pilot Program in any fiscal year from exceeding 5% of the aggregate number of mortgages for an additional grantone- to carry out a small business sustainability initiative related to such energy efficiency goals.four-family HUD-insured residences during the preceding fiscal year.

(Sec. 3006)124) Directs the SBA AdministratorSecretary to develop and coordinateimplement a government-widefive-year pilot program to assist small businesses in: (1) becoming more energy efficient; (2) understanding the cost savings from improved energy efficiency;establish, and (3) identifying financing optionsmake available to mortgagees, an automated process for energy efficiency upgrades.providing alternative credit rating information for mortgagors under HUD-insured mortgages on one- to four-family residences who have insufficient credit histories to determine their creditworthiness. Permits such alternative credit rating information to include rent, utilities, and insurance payment histories.

(Sec. 3007) Authorizes a small business investment company (SBIC) licensed after September 30, 2007,Directs the Comptroller General to issue Energy Saving debentures for qualified investments in a small business primarily engaged in researching, manufacturing, developing, or providing products, goods, or services that reducestudy and report to Congress on: (1) the use or consumptionnumber of nonrenewable energy resources.additional mortgagors served using such automated process; and (2) the impact of such process and its attendant mortgage insurance upon the safety and soundness of the insurance funds under the NHA.

(Sec. 3008) Prohibits125) Instructs the SBA Administrator, in calculatingSecretary and the outstanding leverageCommissioner of an SBIC licensed after September 30, 2007, from including the cost basis of any Energy Saving qualified investment made after that date inFederal Housing Administration (FHA) to: (1) develop and implement a smaller enterprise,plan to improve the extent that the total investment does not exceed 50% of the SBIC's capital.FHA loss mitigation process; and (2) report such plan to certain congressional committees.

(Sec. 3009) Requires the SBA Administrator to establish a Renewable Fuel Capital Investment Program to guarantee debentures issued by Renewal Fuel Capital Investment (RFCI) companies.126) Authorizes the Administratorappropriations for FY2009-FY2013 from negative credit subsidy for: (1) certain mortgage insurance programs to make grants to RFCI companiesimprove technology, processes, program performance, eliminate fraud; and to other entities to provide operational assistance to smaller enterprises financed by them. (2) for appropriate staffing in connection with such mortgage insurance programs.

<b>Title IV: Science and Technology - Subtitle A: Advanced Research Projects Agency-Energy </b>- (Sec. 4001) EstablishesDirects the Advanced Research Projects Agency-Energy (ARPA-E) within the Department of Energy (DOE)Secretary to overcome long-termstudy and high-risk technological barriersreport to Congress on recommendations from participants in the energyprivate residential mortgage lending business and the secondary market for such mortgages on upgrades to processes and technologies development. for certain mortgage insurance programs so that origination, insurance, and servicing procedures conform with those customarily used by secondary market purchasers of residential mortgage loans.

(Sec. 4002) Establishes127) Amends the Energy Transformation Acceleration Fund, administered byHousing and Urban Development Act of 1968 to revise the eligibility criterion for home ownership counseling involving inability to make or resume full home loan payments, or correct a home loan delinquency within a reasonable time, due to a reduction in the Directorhomeowner's income. Includes as possible causes of ARPA-E.such an inability: (1) reduction in income due to divorce or death; or (2) a significant increase in basic expenses due to medical expenses, specified property damage, or large property-tax increase.

Authorizes appropriations for FY2008-FY2012 for deposit into such Fund.Adds as a new eligibility criterion a HUD determination that the homeowner's annual income is no greater than established annual income of low- or moderate-income.

(Sec. 4004) RequiresRepeals the President's Committee on Science and Technology to evaluate how well ARPA-E is achieving its goals and mission, and to make such evaluation available to Congresseligibility criteria that: (1) the applicant be a first-time homebuyer meeting certain requirements; and (2) the public.mortgage involve a principal obligation exceeding 97% of the property's appraised value, and soon be insured.

<b>Subtitle B: Marine Renewable Energy Technologies </b>- Marine Renewable Energy Research and Development Act of 2007 - (Sec. 4104) Directs(Sec. 128) Requires the Secretary of Energy to: (1) support programs to expandestablish a demonstration program to test the useeffectiveness of marine renewable energy production; and (2) acting through the National Renewable Energy Laboratory award grants to institutionsalternative forms of higher education to establish National Marine Renewable Energy Research, Development, and Demonstration Centers.pre-purchase home ownership counseling for eligible home buyers.

(Sec. 4107) Authorizes appropriations129) Amends federal criminal law to subject to criminal penalties knowingly false statements, as well as willful overvaluations of land, property, or security, made to the FHA in connection with an insurance agreement or application for FY2008-FY2012.insurance or a guarantee, as well as other specified financial transactions.

<b>Subtitle C: Geothermal Energy </b>- Advanced Geothermal Energy Research(Sec. 130) Specifies limits and Development Act of 2007 - (Sec. 4204) Directs the Secretary of Energy to support programs expanding thermal energy production from hydrothermal systems, including: (1) programs to develop advanced hydrothermal resource tools; and (2) cost-shared programs for field demonstrations of technologies and techniques of siting and exploratory drilling for undiscovered resources in a variety of geologic settings.conditions on mortgage insurance premium increases.

(Sec. 4205) Directs the Secretary to: (1) support programs of general and enhanced geothermal systems research and development; and (2) establish133) Imposes a program12-month moratorium upon implementation of specified risk-based premiums designed for mortgage lenders to support geothermal energy production from oil and gas fields and recovery and productionoffer borrowers an FHA-insured product that provides a range of geopressured gas resources. mortgage insurance premium pricing, based upon the risk the insurance contract represents.

(Sec. 4209) Directs such Secretary to: (1) award grants to institutions<b>Subtitle B: Manufactured Housing Loan Modernization</b> - FHA Manufactured Housing Loan Modernization Act of higher education (or consortia of them) to establish two Centers for Geothermal Technology Transfer; (2) expand DOE's &quot;GeoPowering2008 - (Sec. 143) Amends the West&quot; program; and (3) award grant funding, on a competitive basis,NHA to an institution of higher education forexempt a geothermal-powered energy generation facility onmanufactured home or its lot from the prohibition against FHA insurance exceeding 10% of the total amount of a financial institution's campus.loans, advances of credit, and purchases.

(Sec. 4212) Directs such144) Declares that: (1) any contract of insurance for a financial institution regarding loans, advances of credit, or purchases for a manufactured home (or its lot) that is executed by the Secretary to report to Congress on advanced conceptsunder this Act is conclusive evidence of the institution's eligibility for insurance; and technologies to maximize domestic geothermal resource potential.(2) the validity of such a contract is incontestable.

(Sec. 4214) Authorizes appropriations for FY2008-FY2012.145) Increases the maximum loan limits placed upon insurance to financial institutions, and requires annual indexing.

<b>Subtitle D: Solar Energy - Part 1: Research and Advancement </b>- Solar Energy Research and Advancement Act of 2007 - (Sec. 4303) Directs(Sec. 146) Sets forth the Secretary of Energy to establishmanner in which insurance premiums under a programs of research and development on thermal energy storage technologies to enableloan, credit advance, or purchase in connection with manufactured home loans shall be paid by the shifting of electric power loads on demand and extend the operating time of concentrating solar power electric generating plants.borrower.

Authorizes appropriations(Sec. 147) Revises requirements for FY2008-FY2012.the manner in which HUD shall handle and dispose of property acquired by the Secretary in connection with the payment of insurance.

(Sec. 4304)148) Directs the Secretary to studyestablish underwriting criteria for loans and reportadvances of credit governing a manufactured home (and/or its lot) to Congress on methods to: (1) integrate concentrating solar power into regional electricity transmission systems; (2) identify new transmission or transmission upgrades to bring electricityensure that the program for insurance for financial institutions against losses from high concentrating solar power resource areas to growing electric power load centers throughout the United States;such loans, advances of credit, and (3) reduce the amount of water consumed by concentrating solar power systems.purchases is financially sound.

(Sec. 4305) Directs149) Applies the Secretary to establishprohibition against kickbacks and unearned fees in the OfficeReal Estate Settlement Procedures Act of 1974 (RESPA) to each sale of Solar Energy Technologies a competitive grant program to createmanufactured home financed with an FHA-insured loan or extension of credit and strengthen solar industry workforce training and internship programs in installation, operation, and maintenance of solar energy products.related services.

Authorizes appropriationsDirects the Secretary to prohibit acts or practices in connection with FHA-financed loans or extensions of credit for FY2008-FY2012.the purchase of a manufactured home that the HUD finds to be unfair, deceptive, or otherwise not in the borrower's interests.

(Sec. 4306) Requires the Secretary150) Prohibits granting FHA insurance to establish a program of research and developmentfinancial institution for any obligation made to provide assistancefinance a manufactured home intended to be located in the demonstration and commercial application of direct solar renewable energy sources to: (1) provide alternativesa manufactured home community pursuant to traditional power generation for lighting and illumination,a lease, unless the lease meets specified leasehold requirements, including light pipe technology; and (2) promote greater energy conservation and improved efficiency. an initial, renewable term of at least three years.

(Sec. 4307) Directs the Secretary to establish: (1)<b>Title II: Mortgage Foreclosure Protections for Servicemembers</b> - (Sec. 201) Sets forth a research, development, and demonstration programtemporary increase, through December 31, 2008, in the maximum loan guaranty amount for solar air conditioning; and (2) grants to states to demonstrate advanced photovoltaic technology.certain housing loans guaranteed by the Secretary of Veterans' Affairs.

Authorizes appropriations for FY2008-FY2012.(Sec. 202) Directs the Secretary of Defense to develop and implement a program to advise members of the Armed Forces who are returning from active duty abroad on actions to prevent or forestall mortgage foreclosures, including credit counseling and home mortgage counseling.

<b>Part 2: Development(Sec. 203) Amends the Servicemembers Civil Relief Act to increase from 90 days to nine months the period of: (1) protection against mortgage foreclosure proceedings; and Use of Solar Energy Products </b>- (Sec. 4312) Sets forth a solar research and information program under(2) the supervisionstay of the Secretaryproceedings and adjustment of Energy.mortgage obligations. Sunsets such provisions December 31, 2010.

<b>Subtitle E: Biofuels </b>- Biofuels Research and Development Enhancement Act - (Sec. 4402) DirectsRevises the Secretary6% interest rate limitation during the period of military service for debts incurred before military service whose interest rate did not exceed that percentage. Extends the 6% limitation for one year beyond the period of military service if the debt is a mortgage, trust deed, or other security in the nature of Energy to establish a biofuels and biorefinery technology information transfer center.mortgage.

(Sec. 4403) Amends<b>Title III: Emergency Assistance for the Energy Policy ActRedevelopment of 2005Abandoned and Foreclosed Homes</b> - (Sec. 301) Appropriates funds for assistance to direct the Secretary to implement a research, development,state and demonstration program relatinglocal governments to transportation fuel distribution infrastructure,redevelop abandoned and foreclosed homes and new alternative distribution infrastructure.residential properties.

(Sec. 4404) Requires the Secretary to report to Congress on challenges inherent in increasing: (1) the proportion of diesel fuel sold in the United States that is biodiesel to 2.5 %;Sets forth allocation and (2) transportation fuels sold in the United States with biogas ordistribution requirements, including a blend of biogaslow- and natural gas fuel to 5 %.moderate income requirement.

Requires the Director of the National Institute of Standards and Technology (NIST) to make publicly available the physical property data and characterization of biodiesel in order(Sec. 302) Requires each state to encourage the establishmentreceive not less than 0.5% of standards that will promote their utilization in the transportation and fuel delivery system.emergency assistance funds for such redevelopment.

(Sec. 4406) Directs303) Prohibits a state or local governmental unit from using emergency assistance funds to fund any project that seeks to use the Secretarypower of eminent domain, unless eminent domain is employed only for a public use. Prohibits public use from being construed to establish at least five bioresearch centersinclude economic development that focus on biofuels.primarily benefits private entities.

(Sec. 4407) Directs304) Prohibits the Secretarydistribution of funds made available under this title or title IV to provide grantsan organization which: (1) has been indicted for research, development, demonstration, and commercial application of biofuel production in certain states with low rates of ethanol, including cellulosic biomass ethanol, production.a violation under federal law relating to an election for federal office; or (2) employs individuals who have been indicted for such a violation.

Authorizes appropriations(Sec. 305) Appropriates specified amounts for FY2008-FY2010. emergency assistance and for housing counseling resources.

(Sec. 4408) DirectsAllocates $30 million for the Secretary to establish such programs of research, development, demonstration, and commercial application:Neighborhood Reinvestment Corporation (NRC) to: (1) for biorefinery energy efficiency; and (2) on technologies and processesmake grants to enable biorefineries that exclusively use corn grainHUD-approved counseling intermediaries; or corn starch as a feedstock(2) hire attorneys to produce ethanolassist homeowners who have legal issues directly related to be retrofitted to accept a range of biomass, including lignocellulosic feedstocks.foreclosure, delinquency, or short sale.

(Sec. 4409) Directs<b>Title IV: Housing Counseling Resources</b> - (Sec. 401) Appropriates funds for the SecretaryNeighborhood Reinvestment Corporation (NRC) to study and report to Congress on: (1) increasing consumption of ethanol-blended gasoline with levels of ethanol between 10% and 40%; (2) whether optimizing flexible fueled vehicles to use e-85 fuel would increase the fuel efficiency of flexible fueled vehicles; and (3) engine durability and performance associated with the use of biodiesel.remain available until September 30, 2008, for foreclosure mitigation (namely housing counseling) activities.

(Sec. 4412) Authorizes appropriations for FY 2010,402) Requires entities approved by the NRC, HUD, or state housing finance entities receiving funds under this Act to identify and increases appropriations for bioenergy research and development.coordinate with nonprofit organizations operating national or statewide toll-free foreclosure prevention hotlines.

(Sec. 4413) Instructs<b>Title V: Mortgage Disclosure Improvement Act</b> - Mortgage Disclosure Improvement Act of 2008 - (Sec. 502) Amends the SecretaryTruth in Lending Act to establish research and development programs in: (1) environmental science, including developmentset forth additional disclosure requirements governing any extensions of cellulosic and other feedstocks that are less resource and land intensive; (2) developmentcredit (not only mortgages) secured by the dwelling of tools to facilitate analysis of lifecycle energy and greenhouse gas emissions; and (3) small-scale production, local, and on-farm use of biofuels from cellulosic feedstocks.the consumer.

(Sec. 4414) Directs the Secretary of EnergyRequires such disclosures, among other things, to: (1) studyinform the consumer that payments will vary based on interest rate changes; and report(2) be received by the consumer before paying any fee to Congress on optimization of biogas usedthe creditor or other person in natural gas vehicles; (2) develop standardsconnection with the consumer's application for biofuel dispenser systems; (3) reportan extension of credit secured by the consumer's dwelling. Allows the consumer to certain congressional committees onwaive the progresstimeliness of research and development on the use of algae as a feedstock for biofuels production; and (4) establish a university based research and development grant program for renewable energy technologies. Authorizes appropriations for the latter program.such disclosures in emergency circumstances.

<b>Subtitle F: Carbon Capture and Storage </b>- Department of Energy Carbon Capture and Storage Research, Development, and Demonstration Act of 2007 - (Sec. 4502) AmendsIncreases the Energy Policyactual damages for which a creditor is liable for noncompliance with such Act in the case of 2005an individual action relating to include withina credit transaction not under an open end credit plan that is secured by real property or a dwelling. Replaces the carbon capture and storage program large-scale testingcurrent range of carbon sequestration systems indamages from $200 to $2,000 with a range of geological formations.from $400 to $4,000.

Authorizes appropriations(Sec. 504) Amends the Federal Home Loan Bank Act regarding affordable housing program standards to require the Federal Housing Finance Board's regulations to permit Federal Home Loan Banks to use certain subsidized advances, during the two-year period following enactment of this Act, to refinance loans secured by a first mortgage on a primary residence of any family having an income at or below 80% of the median income for FY2008-FY2012. the area.<br>

(Sec. 4503)<b>Title VI: Tax-Related Provisions</b> - (Sec. 601) Allows taxpayers to elect an extended four-year net operating loss carryback period (currently, two years) for losses arising in 2008 or 2009. Suspends in 2008 and 2009 limitations on net operating loss carrybacks for purposes of the alternative minimum tax (AMT). Directs the Secretary of Energythe Treasury to reportprescribe rules to Congress on the resultsprevent abuse of review and oversight by the National Academy of Sciences (NAS) of large-scale research and development programs regarding carbon dioxide sequestration testing and capture. such extended carryback provisions.

(Sec. 4504) Directs602) Allows the Assistant Administrator for Research and Developmentuse of the Environmental Protection Agency (EPA)qualified mortgage bond proceeds to conduct a research programrefinance subprime residential mortgages. Increases to determine procedures necessary to protect public health, safety, and$10 billion in 2008 the environmentvolume cap for such bonds. Exempts tax-exempt interest from impacts that may be associated with capture, injection, and sequestration of greenhouse gases in subterranean reservoirs. Authorizes appropriations.such bonds from the AMT.

(Sec. 4505) Instructs the Secretary603) Allows a one-time tax credit of Energyup to arrange with$7,000 of the NAS to study forpurchase price of a report to Congress on geological sequestration science training and research. Authorizes appropriations for FY2008.single-family principal residence in foreclosure.

Directs the Secretary(Sec. 604) Allows taxpayers who do not itemize their tax deductions to award four-year grants to colleges and universitiestake an additional standard deduction for integrated geological carbon sequestration science program. Authorizes appropriations. real property taxes.

(Sec. 4506) Directs the Secretary to: (1) establish a university-based605) Allows corporate taxpayers an election to claim accelerated AMT and research and development program to study carbon capture and sequestration using the various types of coal; and (2) award grants to such institutions to study carbon capture and sequestrationcredits in conjunction with the recoverylieu of oil and other enhanced elemental and mineral recovery. Authorizes appropriations. bonus depreciation.

<b>Subtitle G: Global Change Research </b>- Global Change Research and Data Management Act of 2007 - <b>Part 1: Global Change Research </b>- (Sec. 4613) Directs the President to: (1) establish an interagency committee(Sec. 606) Allows taxpayers who claimed a casualty loss deduction for damage to ensure cooperationa personal residence caused by Hurricanes Katrina, Rita, or Wilma and coordination of all federal research activities pertainingwho subsequently received a grant as compensation for such damage to processes of global change; (2) establishfile an interagency U.S. Global Change Research Program (Program)amended tax return to provide periodic assessments ofdisallow the vulnerabilitycasualty loss deduction without payment of the United States and other regions to global and regional climate change; (3) develop a National Global Change Research and Assessment Plan to implement such Program; (4) submit a global climate change assessment to Congress every five years; and (5) enter into a joint agreement with the National Academy of Public Administration and the NAS to evaluate governmental efforts regarding global and regional climate change. any tax penalty.

(Sec. 4620) Directs607) Eliminates the President to: (1) ensure that relevant research, assessment, and outreach activities of the National Climate Program (under the National Climate Program Act) are considereddeadline for beginning construction projects in developing national global and regional climate change research and assessment efforts; and (2) establish a Global Change Research Information Exchange to make scientific information produced by the Program electronically accessible.Gulf Opportunity (GO) Zone for purposes of bonus depreciation eligibility.

(Sec. 4621) Repeals608) Extends to businesses and individuals in certain Kansas counties declared by the Global Change ResearchPresident as major disaster areas under the Robert T. Stafford Disaster Relief and Emergency Assistance Act (FEMA-1699-DR, as in effect on the date of enactment of this Act) by reason of severe storms and tornados beginning on May 4, 2007, provisions of the Internal Revenue Code allowing: (1) suspension of certain limitations on personal casualty losses; (2) an extension of the period for replacing damaged property without recognizing gain; (3) an employee retention tax credit for affected businesses; (4) 50% bonus depreciation for affected businesses; (5) increased expensing of small business assets; (6) increased expensing of 1990. demolition and cleanup costs; (7) extended net operating loss carryback periods for losses attributable to storms and tornadoes and for public utility property disaster losses; (8) relaxed income verification requirements for tenants in low-income rental projects; and (9) penalty-free withdrawals and loans from individual retirement accounts and other tax-exempt pension plans. Designates this provision as an emergency requirement for budgetary purposes.

(Sec. 4623) Requires the Director<b>Title VII: Emergency Designation</b> - Designates all provisions of the National Science Foundation (NSF) and the Administratorthis Act, for purposes of National OceanicSenate enforcement, as emergency requirements and Atmospheric Administration (NOAA)necessary to arrange withmeet emergency needs pursuant the NAS to study and report to Congress on: (1) the ice sheet melt, with implications for global sea level rise; and (2) impacts of climate changeconcurrent resolution on patterns of hurricane and typhoon development, including storm intensity, track, and frequency, and the implicationsbudget for hurricane-prone and typhoon-prone coastal regions. FY2008.

<b>Part 2: Climate<b>Title VIII: REIT Investment Diversification and Other Global Change Data Management </b>- (Sec. 4633) Directs the President to establish an interagency climateEmpowerment</b> - REIT Investment Diversification and other global change data management working groupEmpowerment Act of 2008 - <b>Subtitle A: Taxable REIT Subsidiaries</b> - Amends Internal Revenue Code provisions relating to make recommendations for coordinating federal climate and other global change data management and archiving activities.real estate investment trusts (REITs) to increase from 20 to 25% the the maximum value of an REIT's total assets that may be represented by securities of one or more taxable REIT subsidiaries.

<b>Subtitle H: H-Prize </b>- (Sec. 4701) AmendsB: Dealer Sales</b> - Reduces from four to two years the Energy Policy ActREIT safe harbor holding period for purposes of 2005 to direct the Secretary of Energy to implement a cash prize (H-Prize) program to advance research, development, demonstration, and commercial application of hydrogen energy technologies.exemption from the tax on income from prohibited transactions

Authorizes appropriationsRevises the amounts of sales in a taxable year that qualify for such program for FY2008-FY2017.the prohibited transactions tax safe harbor to allow sales 10% of the aggregate bases of all assets in an REIT or 10% of the aggregate fair market value of all assets in an REIT.

<b>Title V: Agriculture Energy<b>Subtitle C: Health Care REITs</b> - </b>(Sec. 5001) Amends the Farm Security and Rural Investment Act of 2002Treats rental payments made by a health care facility to revise requirements for the renewable energy research and development program. an REIT as qualifying REIT income.

(Sec. 5002) Revises requirements<b>Subtitle D: Effective Dates and Sunset</b> - (Sec. 841) Sets forth as the general effective date for federal agency procurementprovisions of biobased products. Requiresthis Act taxable years beginning after the highest percentageenactment of biobased products practicable, which receive procurement preference, to be composedthis Act. Establishes a terminating date (sunset) for amendments made by this Title of at least 5% of intermediate ingredients and feedstocks (such as biopolymers, methyl soyate, and soy polyols) as designated by the Secretary.five years after enactment.

Directs<b>Title IX: Veterans Housing Matters</b> - (Sec. 901) Amends federal law to authorize the Secretary of AgricultureVeterans' Affairs (Secretary in this title) to use certain Commodity Credit Corporation (CCC) funds for FY2008-FY2012 for bio-product testingfurnish improvements and structural alterations as part of home health services to support ongoing operationsa member of the Designation Program,Armed Forces who is hospitalized or receiving outpatient medical care, services, or treatment for a permanent service-connected disability if the Voluntary Labeling Program, procurement program models, and procurement research, promotion, education, and awareness ofmember is determined likely to be discharged or released from the BioPreferred Program.Armed Forces for such disability.

(Sec. 5003) Directs902) Authorizes the Secretary to make loan guaranteesprovide assistance for specially adapted housing to: (1) an active-duty member of up to 90% of loans up to specified maximums to assist in the cost of developingArmed Forces with certain service-connected disabilities; and constructing biorefineries and biofuel production plants. Specifies certain CCC funds for FY2008-FY2012.(2) such members who reside outside the United States.

(Sec. 5004) Requires the Secretary to make certain funds available903) Makes individuals with severe burn injuries eligible for FY2008-FY2012 for the biodiesel fuel education program.specially adapted housing assistance.

(Sec. 5005) Authorizes appropriations904) Extends through FY2012 forDecember 31, 2011, the energy audit and renewable energy development program.period of assistance for individuals residing temporarily in housing owned by a family member.

(Sec. 5006) Renames905) Increases: (1) from $10,000 to $12,000 the loan, grant, and loan guarantee programmaximum assistance authorized for renewable energy systems and energy efficiency improvements the rural energyspecially adapted housing benefits for America program,disabled veterans; and extends such financial assistance(2) from $50,000 to the production$60,000 and sale of electricity generated by new renewable energy systems. Increases the maximum amount of combined grant and loan for an activity from 50%$10,000 to 75% of its cost. Sets $25 million as$12,000 the maximumaggregate amount of a loan guarantee.specially adapted housing assistance available to veterans with different specified disabilities. Requires annual increases in such amounts for inflation. Instructs the SecretarySecretary, with respect to give the greatest priority for grantssuch annual increases, to activities for whichestablish a residential home cost-of-construction index to reflect a uniform, national average change in the least percentage of the total cost of such activities is requested by the farmer, rancher, other agricultural producer, or rural small business.residential home construction.

Authorizes(Sec. 906) Directs the Secretary to provide assistancereport to such a recipient to conduct a feasibility studycertain congressional committees on the adequacy of a projectthe authorities available to the Secretary to assist eligible disabled individuals in acquiring: (1) suitable housing units with special fixtures or movable facilities required for which assistance may alsotheir disabilities and the necessary land; (2) necessary adaptations to their residences because of their disabilities; and (3) residences already adapted with special features determined to be provided.necessary as a result of such disabilities.

Specifies CCC funds available(Sec. 907) Instructs the Secretary to report to certain congressional committees on specially adapted housing assistance for such program for FY2008-FY2012.individuals who reside in housing owned by a family member on a permanent basis.

(Sec. 5007) Revises908) Amends the Biomass Research and DevelopmentUnited States Housing Act of 2000 to: (1) emphasize biomass fuels; and (2) make specified CCC funds available1937 to exclude from income for purposes of public rental housing programs and activities under such Act for FY2008-FY2012 (with continuationany deferred Department of operations through FY2017).Veterans Affairs disability benefits that are received in a lump sum amount or in prospective monthly amounts.

(Sec. 5008) Amends the Farm Security and Rural Investment Act of 2002 to revise909) Revises requirements for pay and allowances for the bioenergy program. ExtendsUniformed Services to entitle members of the meaningArmed Forces who relocate from leased or rental housing by reason of bioenergy to: (1) productionforeclosure to transportation of heatbaggage and power at a biofuels plant; (2) biomass gasification; (3) hydrogen made from cellulosic commodities for fuel cells; and (4) renewable diesel. Makes specified CCC funds available forhousehold effects under the program for FY2008-FY2012 (with continuationsame conditions and limitations as similarly circumstanced members entitled to transportation of operations through FY2017).baggage and household effects.

(Sec. 5009) Extends the authorization<b>Title X: Clean Energy Tax Stimulus - </b>Clean Energy Tax Stimulus Act of appropriations2008 -<b> Subtitle A: Extension of Clean Energy Production Incentives </b>- (Sec. 1011) Extends through FY 20122009 the tax credit for biobased energy research, extension,the production of electricity from renewable resources (e.g., biomass, geothermal energy, landfill gas, and educational programs. trash combustion). Includes marine and hydrokinetic renewable energy as a renewable resource eligible for such credit. Allows sales of electricity produced from renewable resources to regulated public utilities. Modifies the definition of &quot;trash combustion facilities&quot; for purposes of such credit.

(Sec. 5010) Instructs1012) Extends the Secretary to establish an energy council to coordinate theinvestment tax credits for solar energy policy of the Department of Agriculture(through 2016) and consult with other federal departmentsfor fuel cell and agencies.microturbine property (through 2017). Allows an offset against alternative minimum tax (AMT) liability for energy tax credit amounts. Repeals the dollar per kilowatt limitation for fuel cell property under the energy investment tax credit. Allows public electric utilities to qualify for such credit.

(Sec. 5011) Directs the Secretary, working1013) Extends through 2009 the Forest Service, to conduct a competitive research and development program to encourage new forest-to-energy (forest bioenergy) technologies. Makes specified CCC funds availabletax credit for residential energy efficient property expenditures. Repeals the program$2,000 limitation on the tax credit for FY2008-FY2012. solar electric property. Allows an offset against the AMT of tax credit amounts.

(Sec. 5012) Directs1014) Extends through 2009 the Secretary to purchase eligible commodities from eligible entities and sell them to bioenergy producerstax credit for investment in a manner that ensures that certain statutory requirements are operated at no cost toclean renewable energy bonds. Increases the federal government by avoiding forfeitures to the CCC.national limitation amount for such bonds.

<b>Title VI: Carbon-Neutral Government </b>- Carbon-Neutral Government Act of 2007 - <b>Subtitle A: Federal Government Inventory and Management of Greenhouse Gas Emissions </b>- (Sec. 6001) - Requires each federal agency to inventory and report annually(Sec. 1015) Extends through 2009 deferral provisions relating to the Administratorrecognition of the Environmental Protection Agency (EPA) its greenhouse gas emissions for the preceding fiscal year.gain by certain electric utilities.

Requires the Secretaries<b>Subtitle B: Extension of Incentives to Improve Energy Efficiency</b> - (Sec. 1021) Extends through 2009 the Interior andtax credit for residential energy efficiency improvements. Allows a tax credit for stoves using the burning of Agriculture to include asbiomass fuel (any plant-derived fuel available on a discrete category in any inventory the net biological sequestrationrenewable or emission of greenhouse gases relatedrecurring basis) to human activitiesheat a residence. Modifies energy efficiency standards for electric heat pumps, central air conditioners, water heaters, and associated with land managed by either the Bureauoil furnaces and hot water boilers for purposes of Land Management (BLM) or the Forest Service. such credit.

(Sec. 6102) Requires1022) Extends through 2010 the EPA Administrator to: (1) promulgate annual reduction targetstax credit for each federal agency to meet as well as the total quantity of greenhouse gas emissions expressed as carbon dioxide equivalents, of all agencies, taken collectively, for each of FY2010-FY2050. Requires each agency to develop and submit to the EPA Administrator a plan for achieving its annual reduction targets and implement itnew energy efficient homes.

Directs(Sec. 1023) Extends through 2009 the Forest Service,tax deduction for energy efficient commercial buildings. Increases the BLM, the National Park Service (NPS), and the U.S. Fish and Wildlife Service to study, identify, and report to Congress on management strategies with the greatest potential to: (1) enhance net biological sequestration of greenhouse gases on federal lands they manage while avoiding harmful effects on other environmental values; and (2) reduce negative impactsmaximum amount of global warming on biodiversity, water supplies, forest health, biological sequestration and storage, and related values.such deduction.

(Sec. 6103) Directs1024) Extends through 2009 the Comptroller General to issue the report requested by Congress on May 17, 2007, regarding marketstax credit for energy efficient appliances (i.e., dishwashers, clothes washers, and refrigerators). Modifies energy efficiency standards for greenhouse gas emissions offsets.such appliances.

Authorizes federal executive agencies and legislative branch offices, in a pilot program, to purchase in open market transactions complying with all applicable procurement requirements qualified greenhouse gas offsets (real, additional, verifiable, enforceable, and permanent domestic reduction or sequestration<b>Title XI: Sense of greenhouse gas emissions) and qualified renewable energy certificates (representing a specific amount of energy generated by a renewable energy project that is real, additional, and verifiable).

Directs the EPA Administrator to establish, for executive agencies, criteria for such offsets and certificates. Authorizes funds for FY2009-FY2010 for such project.

(Sec. 6105) Declares that this Act does not preempt or limit state authority to take any action to address global warming.

(Sec. 6107) Authorizes appropriations.

<b>Subtitle B: Federal Government Energy Efficiency </b>- (Sec. 6201) Amends the Energy Policy Act of 1992 to set forth vehicle efficiency requirements for federal fleets.

Prohibits federal agencies from acquiring light duty motor vehicles or medium duty passenger vehicles that are not low greenhouse gas emitting vehicles.

(Sec. 6202) Requires each federal agency that owns, operates, maintains, or otherwise funds infrastructure, assets, or personnel to provide delivery of fuel to its operations to apply activity-based cost accounting principles to estimate the fully burdened cost of fuel for analyses (for mobility acquisitions) and decisions regarding energy-demanding activities.

(Sec. 6203) Amends the National Energy Conservation Policy Act (NECPA) to require the General Services Administration (GSA) or the Defense Logistics Agency to list in their catalogues, and represent as available, only Energy Star products or Federal Energy Management Program (FEMP)-designated products for all product categories covered by the Energy Star or FEMP programs.

(Sec. 6204) Amends the Energy Conservation and Production Act (ECPA) to instruct the Secretary of Energy to establish certain revised federal building energy efficiency performance standards requiring new federal buildings and federal buildings undergoing renovations to: (1) meet specified graduated fossil fuel-generating energy consumption reduction levels between FY2010 and FY2030; and (2) identify a certification system and level for green buildings most likely to encourage a comprehensive and environmentally-sound approach to certification of green buildings.

(Sec. 6205) Amends NECPA to require each federal agency to ensure that any large capital energy investment in an existing building that is not a major renovation but involves replacement of installed equipment, or involves renovation, rehabilitation, expansion, or remodeling of existing space, employs the most energy efficient designs, systems, equipment, and controls that are lifecycle cost effective.

Requires each federal agency to provide for equivalent metering of natural gas, steam, chilled water, and water, in accordance with specified guidelines.

(Sec. 6206) Prohibits any federal agency, except in specified circumstances, from entering into a new contract to lease space in a building that has not earned the Energy Star label in the most recent year.

(Sec. 6207) Prohibits any federal agency from entering into a contract for procurement of an alternative or synthetic fuel for any mobility-related use, other than for research or testing, unless the contract specifies that the associated lifecycle greenhouse gas emissions must be less than or equal to emissions from equivalent conventional fuel produced from conventional petroleum sources.

(Sec. 6208) Limits to 30 years the period for which a GSA contract for renewable energy may be made. Excludes energy generated from municipal waste from consideration as renewable energy.

(Sec. 6209) Requires: (1) any federal agency subject to this Act to submit to the Office of Management and Budget (OMB) an annual government efficiency status report on its implementation of initiatives to improve energy efficiency, reduce energy costs, and reduce greenhouse gas emissions; and (2) the OMB Director to report a summary of such information , including an annual energy scorecard, to certain congressional committees.

(Sec. 6211) Authorizes appropriations.

(Sec. 6212) Makes any nondiscretionary act or duty under this title eligible for judicial review.

<b>Subtitle C: Telework Enhancement </b>- Telework Enhancement Act of 2007Senate - (Sec. 6302) Sets forth federal government telework requirements, including those for: (1) agency training and monitoring; and (2) establishment of agency Telework Managing Offices.

(Sec. 6305) Directs the Comptroller General to establish a system of annual telework agency ratings.

<b>Title VII: Natural Resources Committee Provisions</b> - Energy Policy Reform and Revitalization Act of 2007 - <b>Subtitle A: Energy Policy Act of 2005 Reforms </b>- (Sec. 7101) Amends the Energy Policy Act of 2005 to require the Secretary of the Interior to: (1) establish a cost recovery fee for oil and gas drilling permits on federal lands; and (2) charge a temporary cost recovery fee of $1,700 until such fee is established.

Amends the Mineral Leasing Act to repeal the authority for the BLM Permit Processing Improvement Fund.

(Sec. 7102) Extends from 30 to 45 days after an applicant for a permit to drill on an oil and gas lease has submitted a complete application the deadline for the Secretary to issue or defer the permit.

(Sec. 7103) Revises requirements for oil shale and tar sands leasing.

Requires the Secretary of the Interior to prepare an oil shale and tar sands leasing and development strategy to: (1) allow for sustainable and publicly acceptable large-scale development of oil shale within the Green River Formation; and (2) provide a basis for decisions regarding federal support for research and other activities to achieve that result.

(Sec. 7104) Amends the Energy Policy Act of 2005 to require the Secretaries of the Interior and of Agriculture, in managing their respective public lands under the National Environmental Policy Act of 1969 (NEPA), to adhere to regulations regarding categorical exclusions issued by the Council on Environmental Quality.

(A categorical exclusion under NEPA for oil and gas exploration and development activities is a category of actions which do not individually or cumulatively have a significant effect on the human environment, have been found to have no such effect in agency compliance procedures, and for which, therefore, neither an environmental assessment nor an environmental impact statement is required.).

(Sec. 7105) Directs the Secretary of the Interior to amend best management practices guidelines governing oil and gas development on federal lands to: (1) require public review and comment before waiving any stipulation of an oil and gas lease; and (2) create an incentive for oil and gas operators to adopt best management practices that minimize adverse impacts to wildlife habitat.

(Sec. 7106) Federal Consistency Appeals Decision Refinement Act - Amends the Coastal Zone Management Act of 1972 to modify: (1) the deadline for federal consistency appeals; and (2) the closing of the decision period.

<b>Subtitle B: Federal Energy Public Accountability, Integrity, and Public Interest - Chapter 1: Accountability and Integrity in the Federal Energy Program </b>- (Sec. 7201) Requires the Secretary of the Interior to ensure that by FY2009 the Minerals Management Service shall perform no less that 550 audits of oil and gas leases each fiscal year.

(Sec. 7202) Amends the Federal Oil and Gas Royalty Management Act of 1982 to revise civil and administrative penalties for violations relating to federal oil and gas royalties, including lease administration. Prescribes criminal penalties for theft of oil or gas and related offenses.

<b>Chapter 2: Amendments to Federal Oil and Gas Royalty Management Act of 1982 </b>- (Sec. 7212) Amends the Federal Oil and Gas Royalty Management Act of 1982 to revise requirements governing: (1) interest; (2) obligation period; (3) tolling agreements and subpoenas; and (4) liability for royalty payments.

<b>Chapter 3: Public Interest in the Federal Energy Program </b>- (Sec. 7221) Prohibits the Secretary of the Interior from authorizing exploration and drilling on lands where title to oil and gas resources is federally owned, but not the title to the surface estate, until the operator has filed a specified surface owner protection agreement.

(Sec. 7222) Amends the Mineral Leasing Act to set forth requirements governing: (1) reclamation and bonding for onshore oil and gas; and (2) water resources protection.

(Sec. 7224) Directs such Secretary to establish a due diligence fee for federal onshore lands subject to a lease for oil, natural gas, or coal production, but upon which no production is occurring.

<b>Chapter 4: Wind Energy </b>- (Sec. 7231) Instructs the Secretary of the Interior to convene or utilize an existing Wind Turbine Guidelines Advisory Committee to study and make recommendations for avoiding or minimizing impacts to wildlife habitats related to land-based wind energy facilities.

(Sec. 7232) Authorizes appropriations for FY2008-FY2015 to study wind energy impact on wildlife.

(Sec. 7233) Instructs the Secretary to enforce specified laws that address adverse impacts upon wildlife related to wind projects.

States that this Act does not preempt state law or regulation regarding: (1) wind projects sites; or (2) consideration or review of environmental impacts of wind projects.

<b>Chapter 5: Enhancing Energy Transmission </b>- (Sec. 7241) Directs the Secretary of Energy, acting through the Administrator of the Bonneville Area Power Marketing Administration in consultation with the Western Area Power Marketing Administration, and in coordination with regional transmission entities, to analyze and report to certain congressional committees on whether the existing capacity of transmission systems serving California, Oregon, and Washington is adequate for development and commercial operation of ocean wave, tidal, and current energy projects in state and federal marine waters adjacent to those states.

<b>Subtitle C: Alternative Energy and Efficiency </b>- (Sec. 7301) Amends the Coastal Zone Management Act of 1972 to authorize the Secretary of the Interior to make grants to eligible coastal states to support voluntary state efforts to survey portions of coastal state and adjacent federal waters to identify potential areas suitable or unsuitable for the exploration, development, and production of alternative energy, consistent with the enforceable policies of coastal management plans. Authorizes appropriations.

(Sec. 7302) Instructs the Secretary of the Interior to report to Congress on the potential for developing rights-of-way along Bureau of Reclamation canals and infrastructure for solar or wind energy production through leasing of land or other means.

(Sec. 7303) Amends the Water Desalination Act of 1996 to direct the Secretary of the Interior to: (1) implement a research program to improve the energy efficiency of reverse osmosis technology for water desalination, water contamination, and water recycling; and (2) report to Congress on technologies likely to improve energy techniques at desalination and recycling facilities, and on the economic viability of energy efficiency technologies.

(Sec. 7304) Establishes a pilot program for development of strategic solar reserves on federal lands to promote commercial solar electric energy systems.

(Sec. 7305) Instructs the Administrator of the National Oceanic and Atmospheric Administration (NOAA) to issue regulations that implement NOAA's authority to license offshore thermal energy conversion facilities.

(Sec. 7306) Amends the Energy Policy Act of 2005 to convert the current biomass commercial use grant program into a Biomass Utilization Pilot Program, involving ten different forest types on federal lands, under which the Secretary concerned (either the Secretary of Agriculture or the Secretary of the Interior) will provide technical assistance and grants to persons to support specified biomass-related activities.

Requires the Secretary concerned to develop a study to determine the long-term, ecologically sustainable, biomass supply available in a pilot program area.

Authorizes appropriations.

(Sec. 7307) Directs the Secretaries of Commerce and of the Interior to prepare jointly programmatic environmental impact statements containing all required elements regarding the impacts of the deployment of marine and hydrokinetic renewable energy technologies in domestic navigable waters.

<b>Subtitle D: Carbon Capture and Climate Change Mitigation - Chapter 1: Geological Sequestration Assessment </b>- National Carbon Dioxide Storage Capacity Assessment Act of 2007 - (Sec. 7402) Directs the Secretary the Interior to develop a methodology for conducting a national assessment of capacity for carbon dioxide. Authorizes appropriations for FY2008-FY2012.

<b>Chapter 2: Terrestrial Sequestration Assessment </b>- (Sec. 7421) Requires the Secretary of the Interior to report to certain congressional committees on: (1) an assessment of the amount of carbon stored in terrestrial, aquatic, and coastal ecosystems; (2) the processes that control the flux of carbon in and out of each ecosystem; (3) the potential for increasing carbon sequestration in natural systems through management measures or restoration activities; and (4) adaptation strategies to enhance carbon sequestration in each ecosystem.

(Sec. 7424) Authorizes appropriations for FY2008-FY2012.

<b>Chapter 3: Sequestration Activities </b>- (Sec. 7431) Amends the Energy Policy Act of 2005 to require the Secretary of the Interior, acting through the BLM, to maintain an inventory of the amount of carbon dioxide stored from federal energy leases.

(Sec. 7432) Directs such Secretary to report to certain congressional committees on a recommended regulatory and certification framework for conducting geological carbon sequestration activities on federal lands.

<b>Chapter 4: Natural Resources and Wildlife Programs - Subchapter A: Natural Resources Management and Climate Change</b> - (Sec. 7441) Directs the Secretary of the Interior to establish a National Resources Management Council on Climate Change to address the impact of climate change on federal lands, ocean environment, and federal water infrastructure.

<b>Subchapter B: National Policy and Strategy for Wildlife</b> - Global Warming Wildlife Survival Act - (Sec. 7452) Declares U.S. policy on wildlife and global warming.

(Sec. 7454) Directs the Secretary of the Interior to: (1) promulgate a national strategy to assist wildlife populations in adapting to the impacts of global warming; (2) establish a science advisory board with expertise in wildlife biology, ecology, and climate change; and (3) establish the National Global Warming and Wildlife Science Center within the U.S. Geological Survey.

(Sec. 7456) Sets forth an appropriations allocation scheme to support such activities.

<b>Subchapter C: State and Tribal Wildlife Grants Program</b> - (Sec. 7461) Authorizes establishment of a State and Tribal Wildlife Grants Program to provide wildlife conservation grants to states, the District of Columbia, federally recognized Indian tribes, and to U.S. possessions and territories. Sets forth a funding allocation scheme. Authorizes appropriations.

<b>Chapter 5: Ocean Programs</b> - (Sec. 7471) Directs the Secretary of Commerce to develop and implement a national strategy to support coastal state and federal efforts to: (1) predict, plan, and mitigate the impacts upon ocean and coastal ecosystems from global warming, relative sea level rise, and ocean acidification; and (2) ensure the recovery and health of ocean and coastal ecosystems. Authorizes appropriations.

(Sec. 7472) Amends the Coastal Zone Management Act of 1972 to direct the Secretary of the Interior to establish a coastal climate change resiliency planning and response program to: (1) assist coastal states to develop coastal climate change resiliency plans; and (2) provide financial and technical assistance, including grants to states, for implementation of such plans.

(Sec. 7473) National Integrated Coastal and Ocean Observation Act of 2007 - Instructs the President to establish a National Integrated Coastal and Ocean Observation System to fulfill international obligations to contribute to the global earth observation system and to the global ocean observing system.

<b>Subtitle E: Royalties Under Offshore Oil and Gas Leases</b> - Royalty Relief for American Consumers Act of 2007 - (Sec. 7502) Requires the Secretary of the Interior to agree to a request by any lessee to amend any lease issued for any Central and Western Gulf of Mexico tract during the period of January 1, 1998, through December 31, 1999, to incorporate specified price thresholds applicable to specified royalty suspension provisions.

(Sec. 7503) Reaffirms the authority of the Secretary of the Interior to vary, based on the price of production from a lease, the suspension of royalties under certain leases.

(Sec. 7504) Prohibits such Secretary from issuing any new lease authorizing oil or natural gas production in the Gulf of Mexico unless certain conditions are met.

Directs the Secretary to establish conservation of resources fees, according to specified terms, for both producing and nonproducing federal oil and gas leases in the Gulf of Mexico.

(Sec. 7505) Amends the Energy Policy Act of 2005 to repeal requirements for: (1) incentives relating to natural gas production from deep wells in shallow waters of the Gulf of Mexico; and (2) royalty relief for deep water production in the Gulf of Mexico

Amends the Outer Continental Shelf Lands Act to repeal the Secretary's authority to promote development or increased production or encourage production of marginal resources on producing or nonproducing leases in Planning Areas offshore Alaska.

Amends the Naval Petroleum Reserves Production Act of 1976, with respect to the program of competitive leasing of oil and gas in the Naval Petroleum Reserve in Alaska, to repeal: (1) terms for renewal of nonproducing leases; and (2) specified exploration incentive authority.

<b>Subtitle F: Additional Provisions</b> - (Sec. 7601) Establishes the Oil Shale Community Impact Assistance Fund to assist impacted counties with planning, construction, and maintenance of public facilities and services. Defines impacted county as a county where land subject to a commercial oil shale lease is located.

(Sec. 7602) Requires the Secretary of the Interior, at least 45 days before offering lands for lease under the Mineral Leasing Act, to provide notice of the proposed leasing activity in writing to the holders of special recreation permits for commercial use, competitive events, and other organized activities on the lands being offered for lease. Requires the Secretary also to treat holders of conservation easements or similar property interests in the surface estate of leasing-eligible lands as surface estate owners, as long as they have informed the Secretary of such interests.

(Sec. 7604) Requires the Secretary to include a prohibition of surface occupancy for oil or gas exploration or development purposes in each lease for certain federal lands in Colorado (Roan Plateau) that were formerly designated as Naval Oil Shale Reserves 1 and 3.

Requires the Secretary of the Treasury to report to the appropriate congressional committees on the total amounts received by the United States under leases on such lands.

Requires the Secretary of the Interior to report to the appropriate congressional committees on U.S. expenditures for environmental restoration, waste management, and environmental compliance activities with respect to the lands, as well as any further actions needed to complete such activities.

(Sec. 7605) Directs the Secretary of the Interior to submit a status report to Congress on certain regulations governing production of wind energy on the Outer Continental Shelf.

<b>Title VIII: Transportation and Infrastructure - </b>Transportation Energy Security and Climate Change Mitigation Act of 2007 - (Sec. 8002) Sets forth purposes of this Act, including to strengthen national energy security and mitigate the effects of climate change by promoting energy efficient transportation and public buildings, to create incentives for the use of alternative fuel vehicles and renewable energy, and to ensure sound water resource and natural disaster preparedness planning.

<b>Subtitle A: Department of Transportation - Part 1: Public Transportation</b> - (Sec. 8101) Establishes in the Department of Transportation (DOT) a Center for Climate Change and Environment to plan, coordinate, and implement efforts to reduce transportation-related energy use and mitigate the effects of climate change.

Authorizes appropriations for FY2008 through FY2011.

<b>Subtitle B: Highways and Transit</b> - (Sec. 8201) Authorizes additional funding for FY2008 and FY2009 for urbanized and non-urbanized area formula grants to improve public transportation services. Sets the federal share of grant costs at 100%.

(Sec. 8202) Amends federal transportation law to increase the federal share of costs for a grant to acquire clean fuel or alternative fuel vehicle-related equipment or facilities for purposes of compliance with the Clean Air Act to 100% (under current law, 90%).

(Sec. 8203) Authorizes a public transportation authority or a rail carrier to apply to the Surface Transportation Board (STB) for nonbinding mediation if the public transportation authority cannot reach an agreement with the rail carrier to: (1) use trackage of, and have related services provided by, the rail carrier for purposes of fixed guideway transportation; or (2) acquire an interest in a railroad right-of-way for the construction and operation of a segregated fixed guideway facility.

(Sec. 8204) Directs the Secretary of Transportation (Secretary) to: (1) establish and implement a pilot program to carry out vanpool demonstration projects in a specified number of urbanized and non-urbanized areas; and (2) report to Congress on such projects.

<b>Part 2: Federal-Aid Highways</b> - (Sec. 8251) Amends federal highway law to increase the federal share of costs for congestion mitigation and air quality (CMAQ) projects to 100% (under current law, 80%).

(Sec. 8252) Sets forth a process for the distribution to states of unobligated federal-aid highway fund amounts that have been rescinded after enactment of this Act.

(Sec. 8253)</b>(Sec. 1101) Expresses the sense of Congress that state and local governments should, in constructing new roadways or rehabilitating existing facilities, employ policies designed to accommodate all users, including motorists, pedestrians, cyclists, transit riders, and people of all ages and abilities.

<b>Subtitle C: Railroad and Pipeline Transportation - Part 1: Railroads</b> - (Sec. 8301) Directs the Secretary to establish programs for: (1) purchasing hybrid locomotives, including hybrid switch locomotives; and (2) rehabilitating, preserving, or improving railroad tracks. Authorizes appropriations for FY2008 through FY2011.

<b>Part 2: Pipelines</b> - (Sec. 8311) Directs the Secretary of Energy,Senate that, in coordination with the Secretary, to conduct, and report to Congress on, feasibility studies for the construction of pipeline dedicated to the transportation of ethanol. Authorizes appropriations for FY2008 and FY2009.

<b>Subtitle D: Maritime Transportation - Part 1: General Provisions</b> - (Sec. 8401) Amends federal shipping law to direct the Secretary to establish a short sea transportation program (carriage by vessel of passengers and cargo from one U.S. port to another U.S.implementing any provision or Canadian port) to mitigate landside congestion. Authorizes appropriations for FY2008 through FY2011.

(Sec. 8402) Allows a U.S. citizen who owns a vessel and has an agreement with the Secretary of Commerce or the Secretary, whichever is applicable, to establish a capital construction fund to provide replacement vessels, additional vessels, or reconstructed vessels, built in the United States and documentedamendment under the laws of the United States for operation in short sea transportation trade.

(Sec. 8403) Directs the Secretary to report to Congress on the short sea transportation program.

<b>Part 2: Maritime Pollution</b> - (Sec. 8453) Amends the Prevent Pollution from Ships Act (the Act) to apply provisions of Annex VI to the International Convention for the Prevention of Pollution from Ships, 1973 (Convention) relating to emissions from ships to non-U.S. ships that enter, depart from, or are in U.S. ports, shipyards, offshore terminals, navigable waters, specified emission control areas, or the U.S. exclusive economic zone.

Makes the Act applicable to all persons to ensure compliance with Annex VI to the Convention.

(Sec. 8454) Defines certain duties of the Administrator of the Environmental Protection Agency (EPA) with respect to the administration and enforcement of Annex VI to the Convention.

(Sec. 8455) Grants the EPA Administrator certain authorities, including to: (1) issue certificates to ships under the MARPOL Protocol to the Convention; (2) prescribe with the Secretary of the department in which the Coast Guard is operating regulations that set forth criteria for determining the adequacy of ports and terminals (reception facilities) to receive ozone depleting substances and exhaust gas cleaning residues from ships and that certify that such facilities are adequate to receive such substances in accordance with the MARPOL Protocol, this Act, or such regulations; (3) take enforcement action against ships that have been inspected and found not in compliance with Annex VI to the Convention; (4) consult with the Secretary of State with respect to proposed amendments to the Convention; and (5) subject violators of the MARPOL Protocol, Annex IV to the Antarctic Protocol, or regulations issued under this Act to certain penalties.

Revises provisions to authorize the Secretary in the department in which the Coast Guard is operating to: (1) deny entry ofSenate supports a ship to a reception facility required by the MARPOL Protocol, this Act, or regulations issued under this Act to be adequate to receive such substances or residues from such ship if the reception facility is not in compliance with such Protocol, Act, or regulations; and (2) inspect a ship to verify if it is in compliance with Annex VI to the Convention.

<b>Subtitle E: Aviation</b> - (Sec. 8501) Directs the Secretary to establish a pilot program to carry out not more than six environmental mitigation demonstration projects to measurably reduce or mitigate aviation impacts on noise, air quality, or water quality at public-use airports. Sets the federal share of project costs at 50%.<br>

<b>Subtitle F: Public Buildings - Part 1: General Services Administration </b>- (Sec. 8601) Requires the Administratorpolicy of General Services to includenoninterference in a prospectus for the construction, alteration, or acquisition of any building or space to be leased an estimate of the future energy performance of the building or space and a specific description of the use of energy efficient and renewable energy systems, including photovoltaic systems, in carrying out the project. Requires the Administrator,connection with respect to space to be leased, to include minimum performance requirements requiring energy efficiency and the use of renewable energy.

Requires: (1) each public building constructed, altered, or acquired by the Administrator to be equipped with energy efficient lighting fixtures and bulbs; and (2) fixtures and bulbs in public buildings that are replaced in the normal course of maintenance to be replaced with fixtures and bulbs that are energy efficient. Sets forth factors for the Administrator to consider in making a determination concerning the feasibility of installing an energy efficient bulb or fixture. Makes acquisitions of bulbs and fixtures subject to the requirements of the Buy America Act.

Authorizes the Administrator to contract for public utility services for a period of no more than 30 years if doing so is cost effective and necessary to promote the use of energy efficient and renewable energy systems.

Requires the Administrator to include in the solicitation for any lease requiring a prospectus an evaluation factor considering the extent to which the offeror will promote energy efficiency and the use of renewable energy.

(Sec. 8602) Amends the National Energy Conservation Policy Act to require the Secretary of Energy to establish methods for estimating and comparing life cycle costs for federal buildings, using the sum of all capital and operating expenses associated with the energy system of the building involved over the shorter of the expected life of such system or 40 (currently 25) years.

(Sec. 8603) Requires the Administrator to install a photovoltaic system, as set forth in the Sun Wall Design Project, for the Department of Energy's headquarters, commonly known as the Forrestal Building. Authorizes funding.

<b>Part 2: Coast Guard </b>- (Sec. 8631) Prohibits a general service incandescent lamp from being purchased or installed in a Coast Guard facility (excluding a vessel or aircraft) on or after January 1, 2009, except: (1) when necessary due to the purpose or design; (2) when reasonable due to the architectural or historical value of a light fixture; and (3) when the Commandant of the Coast Guard determines that operations requirements necessitate the use of a such a lamp.

<b>Part 3: Architect of the Capitol </b>- (Sec. 8651) Authorizes the Architect of the Capitol to perform a feasibility study regarding construction of a photovoltaic roof for the Rayburn House Office Building and report to specified congressional committees. Authorizes appropriations.

(Sec. 8652) Requires the Architect to construct a fuel tank and pumping system for E-85 fuel at or near the Capitol Grounds Fuel Station. Requires such tank and system to be available for use by all legislative branch vehicles capable of operating with such fuel. Authorizes appropriations.

(Sec. 8553) Requires the Architect to include energy efficiency measures, climate change mitigation measures, and other environmental measures in the Capitol Complex Master Plan.

(Sec. 8654) Requires the Architect to install technologies for the capture and storage or use of carbon dioxide emitted from the Capitol Power plant in the District of Columbia as a result of burning coal.

(Sec. 8655) Requires the Architect to: (1) take steps to operate the steam boilers and chiller plant at the Capitol Power Plant in the most energy efficient manner possible to minimize carbon emissions and operating costs; and (2) report, in conjunction with the Chief Administrative Officer of the House of Representatives, to specified congressional committees on the actions taken and the energy efficiencies achieved.

<b>Subtitle G: Water Resources and Emergency Management Preparedness - Part 1: Water Resources </b>- (Sec. 8701) Declares as U.S. Policy that all federal water resources projects: (1) reflect national priorities for flood damage reduction, navigation, ecosystem restoration, and hazard mitigation and consider the future impacts of increased hurricanes, droughts, and other climate change-related weather events; (2) avoid the unwise use of flood plains, minimize vulnerabilities in any case in which a flood plain must be used, protect and restore the extent and functions of natural systems, and mitigate any unavoidable damage to aquatic natural system; and (3) avoid impacts to wetlands, help filter water, serve as recharge areas for aquifers, reduce floods and erosion, and provide plant and animal habitat.

(Sec. 8702) Establishes the 21st Century Water Commission to: (1) project future water supply and demand and impacts of climate change to our nation's flood risk, water availability, and water quality; (2) study current water management programs directed at increasing water supplies and improving the availability, reliability, and quality of freshwater resources and evaluate such programs' hazard mitigation strategies and contingency planning in light of climate change impacts; and (3) develop recommendations for a comprehensive water strategy.

Requires such a strategy to: (1) recognize the primary role of states in adjudicating, administering, and regulating water rights and water uses; (2) identify incentives intended to ensure a water supply that meets U.S. needs for the next 50 years; (3) eliminate duplication and conflict among federal governmental programs; (4) consider all available technologies and other methods to optimize water supply reliability, availability, and quality, while safeguarding and enhancing the environment and planning for the potential impacts of climate change on water quality, water supply, flood and storm damage reduction, and ecosystem health; (5) recommend means of capturing excess water and flood water for conservation and use in the event of a drought; (6) identify adaptation techniques for effectively conserving freshwater and coastal systems as they respond to climate change; (7) suggest financing options, incentives, and strategies for development of comprehensive water management plans, holistically designed water resources projects, conservation of existing water resources infrastructure (except drinking water infrastructure) and for increasing the use of nonstructural elements; (8) suggest strategies for avoiding increased mandates on state and local governments; (9) suggest strategies for using best available climate science in projections of future flood and drought risk, and for developing hazard mitigation strategies to protect water quality, in extreme weather conditions caused by climate change; (10) identify policies that encourage low impact development, especially in areas near high priority aquatic systems; (11) suggest strategies for encouraging the use of nonstructural elements; (12) suggest strategies for addressing increased sewage overflow problems; (13) promote environmental restoration projects that reestablish natural processes; and (14) promote and create regional planning.

Requires the Commission to submit a report containing its findings, conclusions, and recommendations for legislation and other policies to the President and specified congressional committees. Terminates the Commission 30 days after the submission of such report. Authorizes appropriations.

(Sec. 8703) Requires the Administrator of the Environmental Protection Agency (EPA) to enter into an arrangement for the National Academy of Sciences to: (1) produce a study on the potential impacts of climate change on water resources and water quality; (2) assess the extent to which federal and state efforts under the Federal Water Pollution Control Act and other ocean and coastal laws may be affected by climate change; (3) identify steps to assess emerging information and identify appropriate response actions to meet the requirements of such Act; and (4) recommend potential legislative or regulatory changes to address impacts of global climate change on efforts to restore and maintain the chemical, physical, and biological integrity of the nation's waters. Authorizes appropriations.

(Sec. 8704) Requires the Secretary of the Army to: (1) ensure that Corps of Engineers' water resources projects and studies take into account the potential effects of climate change; and (2) utilize a representative range of climate change scenarios, including the current projections of the United States Global Change Research Program and the Intergovernmental Panel on Climate Change. Requires the Secretary to report to specified congressional committees on such projects.

<b>Part 2: Emergency Management </b>- (Sec. 8731) Requires the Administrator of the Federal Emergency Management Agency (FEMA) to study and report to specified congressional committees on the increase in demand for FEMA's emergency preparedness, response, recovery, and mitigation programs and services that may be reasonably anticipated as a result of an increased number and intensity of natural disasters affected by climate change.<br>

<b> Title IX: Energy and Commerce - Subtitle A: Promoting Energy Efficiency </b>- Energy Efficiency Improvement Act of 2007 - <b>Part 1: Appliance Efficiency </b>- (Sec. 9001) - Establishes new Energy Factors for home appliances manufactured on or after specified dates, including dehumidifiers, residential clotheswashers, and dishwashers.

Requires a final rule by a certain date on whether to amend current energy standards for refrigerators and freezers manufactured on or after a certain date.

Revises Energy Star program requirements to move up from January 1, 2010, to July 1, 2009, the effective date of new qualifying levels the Secretary of Energy must establish for clothes washers by January 1, 2008.

(Sec. 9002) Amends the Energy Policy and Conservation Act (EPCA) to redefine electric motors as general purpose electric motors (subtype I and subtype II), and prescribe nominal full load efficiency standards for them.

(Sec. 9003) Prescribes design requirements for residential boilers.

(Sec. 9004) Authorizes the Secretary of Energy to establish regional standards for space heating and air conditioning products, other than window-unit air-conditioners and portable space heaters.

(Sec. 9005) Amends EPCA to: (1) eliminate the advance notice and invitation to comment requirement from the procedure for prescribing new or amended energy conservation standards; (2) authorize the Secretary of Energy to issue a direct final rule based on a joint recommendation on energy or water conservation standards submitted by manufacturers, states, and efficiency advocates; (3) subject single package vertical air conditioners and heat pumps to specified standards; and (4) redefine energy conservation standard.

(Sec. 9009) Revises: (1) the schedule for updating consumer appliance standards; and (2) test procedures for updating appliances.

(Sec. 9011) Directs the Secretary of Energy to the Secretary prescribe energy conservation or use standards for electricity used for purposes of circulating air (by furnace fans) through duct work.

(Sec. 9013) Sets forth: (1) federal purchasing requirements for energy efficient standby power devices; (2) external power supply efficiency standards; (3) required test procedure amendments for including standby mode energy use; and (4) standards for walk-in coolers and walk-in freezers.

(Sec. 9016) Directs the Secretary by a certain date to: (1) issue a final rule prescribing energy conservation standards for battery chargers or classes of them; or (2) determine that no such standards is technically feasible and economically justified.

Declares that any energy conservation standard issued for battery chargers and external power supplies shall be applicable to products manufactured or imported beginning on the date that is two (currently three) years after the date of issuance.

<b>Part 2: Lighting Efficiency </b>- (Sec. 9021) Instructs the Secretary of Energy to issue regulations prohibiting sales of : (1) 100 watt general service incandescent lamps after January 1, 2012, unless they emit at least 60 lumens per watt; and (2) general service lamps manufactured after specified dates that do not meet prescribed minimum efficacy (lumen/watt) levels.

Preempts certain state standards for general service lamps, with specified exceptions.

Directs the Secretary to: (1) report to Congress a plan for encouraging and providing incentives for the domestic production of light bulbs by U.S. manufacturers that meet specified efficacy levels; and (2) develop a national sales data tracking system in conjunction with the National Electrical Manufacturers Association and other stakeholders for lamp technologies, including Light Emitting Diodes, halogens, incandescents, and compact fluorescent lamps.

Directs the Federal Trade Commission (FTC) to conduct a rulemaking to consider: (1) the effectiveness of current lamp labeling requirements; and (2) alternative labeling approaches that will help consumers to understand new high-efficiency lamp products.

Requires the Secretary, in cooperation with the EPA Administrator, to report to Congress recommendations on the means by which the federal government may reduce or prevent the release of mercury during the manufacture, transportation, storage, or disposal of general service lamps.

(Sec. 9022) Revises standards for fluorescent lamps and incandescent reflector lamps.

(Sec. 9023) Requires energy efficient lighting fixtures and bulbs in the construction, alteration, and maintenance of public buildings.

(Sec. 9024) Amends EPCA to prescribe standards for metal halide lamp fixtures.

<b>Part 3: Residential Building Efficiency </b>- (Sec. 9031) Amends ECPA to require the Secretary to support updating national model building energy codes and standards at least every three years to achieve overall energy savings, compared to specified International Energy Conservation Code (IECC) residential building and American Society of Heating Refrigerating and Air-conditioning Engineers (ASHRAE) commercial building standards, of: (1) 30% by 2010; (2) 50% by 2020; and (3) targets to be set by the Secretary in the future, at the maximum level of energy efficiency that is technologically feasible and lifecycle cost effective.

Revises requirements for: (1) state review and updating of state residential and commercial building codes regarding energy efficiency; (2) certification of state compliance with such codes; and (3) technical assistance to enable national codes and standards to meet targets, states to update their codes.

Revises requirements for incentive funding. Authorizes appropriations for FY2008-FY2013 and following fiscal years.

(Sec. 9032) Requires the Secretary to establish standards for energy efficiency in manufactured housing.

(Sec. 9033) Amends EPCA with respect to exceptions to federal preemption for state or local building codes for new construction concerning the energy efficiency or energy use of a covered product. Revises the requirement regarding baseline building designs. Adds an alternative to current requirements of a design based on an efficiency level for a covered product that the state has found feasible and cost-effective.

(Sec. 9034) Reauthorizes appropriations for weatherization assistance for low-income persons for FY2008-FY2012.

Authorizes the Secretary to use such funds to initiate an Alternative Delivery System Pilot Project to examine options for decreasing energy consumption associated with heating and cooling while increasing household participation by focusing on key energy saving components.

Authorizes the Secretary to make funding available to local weatherization agencies to expand the weatherization assistance program for residential buildings to include materials, benefits, and renewable and domestic energy technologies not currently covered. Specifies priorities for weatherization grants.

(Sec. 9035) Requires the Secretary to study and report to Congress on the renewable energy rebate program.

<b>Part 4: Commercial and Federal Building Efficiency </b>- Instructs the Administrator of General Services to establish within GSA an Officeholder of Federal High-Performance Green Buildings (OFHPGB), and appoint a Federal Director to: (1) establish and manage an Office of Commercial High-Performance Green Buildings (OCHPGB); and (2) identify incentives to encourage the use of high-performance green buildings and related technology in federal government operations.

(Sec. 9043) Directs the Secretary of Energy to: (1) establish an OCHPGB within the Office of Energy Efficiency and Renewable Energy; and (2) appoint a Commercial Director to establish and manage it.

Requires the Commercial Director to recognize formally one or more groups that qualify as a high-performance green building partnership consortium to represent the private sector in a public-private partnership that promotes high-performance green buildings and zero-net-energy commercial buildings.

(Sec. 9044) Instructs the Commercial Director, in partnership with the consortium, to: (1) study and refine a national goal to reduce commercial building energy use and achieve zero-net-energy commercial buildings; (2) develop a market transformation strategy to achieve the adopted national goal by accelerating widespread deployment of energy efficiency technologies, practices, and policies in commercial buildings, and by leveraging state, utility, and private sector commercial building energy efficiency programs; and (3) implement an initiative to carry out such strategy.

(Sec. 9045) Directs the Commercial Director, in coordination with the consortium, to carry out public outreach to inform individuals and entities of the information and services available governmentwide.

(Sec. 9046) Requires the Director of the Office of Federal Procurement Policy to promulgate revised acquisition regulations governing specified actions by federal procurement executives.

(Sec. 9047) Amends the National Energy Conservation Policy Act (NECPA) to require federal agencies to designate facility energy managers to: (1) undertake energy and water efficiency measures; and (2) reduce energy use at certain facilities.

(Sec. 9048) Instructs the Federal Director and the Commercial Director to establish guidelines to implement a demonstration project that contributes to the research goals of the OCHPGB and the OFHPGB.

(Sec. 9049) Requires the Secretary of Energy and the EPA Administrator to initiate jointly a voluntary national information program for widely used data centers and data center facilities with potential for significant data center energy savings, and designate an information technology industry organization to coordinate the program.

(Sec. 9050) Authorizes appropriations to promote energy efficiency, including: (1) this part generally for FY2008-FY2014; (2) the zero-energy commercial buildings initiative for FY2008-FY2050; (3) federal and university demonstration projects for FY2009-FY2014; and (4) energy efficiency for data center buildings for FY2008-FY2012.

(Sec. 9051) Instructs the Secretary to study and report to Congress on federal facility use of power management software to reduce the use of electricity in computer monitors and personal computers.

(Sec. 9052) Requires the Commercial Director to guarantee loans for certain high-performance green building retrofit projects.

(Sec. 9053) Directs the Administrator of General Services to establish a program to accelerate the use of geothermal heat pumps at GSA facilities. Authorizes appropriations.

(Sec. 9054) Instructs the Administrator for Federal Procurement Policy to ensure that the Federal Acquisition Regulation is revised to require each federal agency to consider, when purchasing meeting and conference services, the environmentally preferable features and practices of a vendor in a manner substantially similar to that required of the Environmental Protection Agency (EPA) in specified regulations governing acquisition of environmentally preferable meeting and conference services, and EPA Green Meetings and Conferences.

(Sec. 9055) Amends EPCA to set forth a grants program to implement energy sustainability and efficiency at institutions of higher education. Authorizes appropriations.

<b>Part 5: Industrial Energy Efficiency </b>- (Sec. 9061) Amends EPCA to direct the EPA Administrator to establish a Recoverable Waste-Energy Inventory Program that includes: (1) an ongoing survey of the sites of all major industrial and large commercial combustion sources in the United States; and (2) a review of such sources for quantity and quality of waste energy.

Requires the EPA Administrator to establish a Registry of Recoverable Waste-energy Sources. Authorizes appropriations for FY2008-FY2012.

Establishes within EPA a Waste Energy Recovery Incentive Grant Program to: (1) provide incentive grants to owners and operators of projects that successfully produce electricity or incremental useful thermal energy from waste energy recovery; and (2) reward states that have achieved 80% or more of identified waste-heat recovery opportunities.

Sets forth additional incentives for industrial waste energy recovery, utilization, and prevention.

Redesignates the Combined Heat and Power Application Centers at DOE as Clean Energy Application Centers.

Directs the Secretary of Energy to: (1) relocate the administration of the Clean Energy Application Centers to the Office of Energy Efficiency and Renewable Energy within DOE; and (2) make grants to institutions for continued operations and effectiveness of Regional Clean Energy Application Centers in eight specified regions.

Authorizes appropriations for such activities for FY2008-FY2012.

<b>Part 6: Energy Efficiency of Public Institutions </b>- Sustainable Energy Institutional Infrastructure Act of 2007 - (Sec. 9074) Directs the Secretary of Energy to: (1) provide information and technical assistance to help institutional entities to develop sustainable energy infrastructure; and (2) create a Sustainable Institutions Revolving Fund to provide loans for construction or improvement of sustainable energy infrastructure for such entities.

(Sec. 9076) Authorizes appropriations for state energy programs for FY2007-FY2012.

(Sec. 9077) Directs EPA to arrange with the Secretaries of Education and of Energy to study how sustainable building features such as energy efficiency affect multiple perceived indoor environmental quality stressors on students in K-12 schools.

<b>Part 7: Energy Savings Performance Contracting </b>- (Sec. 9082) Amends NECPA with respect to the energy savings performance contracts of federal agencies. Includes in energy savings for such purposes: (1) the increased efficient use of an existing energy source by cogeneration or heat recovery, and installation of renewable energy systems; (2) the sale or transfer of electrical or thermal energy generated onsite, but in excess of federal needs, to utilities or nonfederal energy users; and (3) the increased efficient use of existing water sources in interior or exterior applications.

(Sec. 9082) Authorizes federal agencies, when entering such contracts, also to enter into a separate contract for energy services and conservation measures, and provide the financing necessary to implement it.

(Sec. 9083) Revises the authority of a federal agency to enter multiyear contracts without funding cancellation charges before cancellation. Repeals the requirement that 30-day notice be given to the appropriate congressional committees before the award of any such contract with a cancellation ceiling in excess of $10 million.

(Sec. 9084) Repeals the sunset date for federal agency authority to enter into new energy savings performance contracts (thus making such authority permanent).

(Sec. 9085) Instructs the Secretary of Energy to create and administer in the Federal Energy Management Program a training program for personnel to negotiate energy efficiency contracts. Authorizes appropriations for FY2008-FY2012.

(Sec. 9086) Prohibits federal agencies from either: (1) establishing an agency policy that limits the maximum contract term to a period shorter than 25 years; or (2) limiting the total amount of obligations under energy savings performance contracts or other private financing of energy savings measures.

<b>Part 8: Advisory Committee on Energy Efficiency Financing </b>- (Sec. 9089) Directs the Assistant Secretary of Energy for Energy Efficiency and Renewable Energy to establish an advisory committee for DOE on energy efficiency finance and investment, which shall also assist the energy community in identifying ways of lowering costs and increasing investments in energy efficiency technologies. Authorizes appropriations.

<b>Part 9: Energy Efficiency Block Grant Program </b>- (Sec. 9092) Instructs the Secretary of Energy to establish: (1) an Energy Efficiency Block Grant Program; and (2) a technical assistance and education program for states and designated offshore territories, and possessions of the United States.

Authorizes appropriations for FY2008-FY2012.

<b>Subtitle B:Smart Grid Facilitation </b>- Smart Grid Facilitation Act of 2007 - Part 1: Smart Grid - (Sec. 9111) Declares it is the policy of the United States to support modernization of the Nation's electricity transmission and distribution system to incorporate digital information and controls technology and to share real-time pricing information with electricity customers to achieve specified goals.

Directs the Secretary of Energy, the Federal Energy Regulatory Commission (FERC) and other federal agencies to undertake programs to support development and demonstration of Smart Grid technologies and standards.

(Sec. 9112) Directs the President to establish a Grid Modernization Commission (GMC) to: (1) facilitate the adoption of Smart Grid standards, technologies, and practices across the U.S. electricity grid; (2) monitor developments and encourage progress toward common standards and protocols; (2) identify barriers and propose solutions; and (3) coordinate smart grid implementation with governmental authorities.

(Sec. 9113) Requires the GMC to make biannual assessments to Congress and the President of progress toward modernizing the electric system from generation to consumption, including implementation of &quot;smart grid&quot; technologies.

Requires the GMC to work with the National Institute of Standards and Technology (NIST) and Smart Grid stakeholders to develop protocols and model standards for information management to achieve interoperability of smart grid devices and systems.

Authorizes appropriations for FY2009-FY2012.

(Sec. 9114) Requires the Secretary of Energy to: (1) establish a Smart Grid Investment Matching Grant Program to provide reimbursement of one-fourth of qualifying Smart Grid investments; (2) implement Smart Grid technology deployment; (3) establish a program of demonstration projects focused on advanced technologies for power grid sensing, communications, analysis, and power flow control, including integration of demand-side resources into grid management; and (4) establish Smart Grid demonstration projects for not more than five electric utility systems.

Authorizes appropriations for FY2008-FY2012.

(Sec. 9116) Directs the GMC to develop a standard for collecting, presenting, and delivering Smart Grid information to electricity purchasers. Requires FERC to propose a rule for public utility and approved regional transmission organization implementation of relevant elements of the standard that would add value for purchasers of wholesale power or those utilizing interstate transmission.

(Sec. 9117) Amends the Public Utility Regulatory Policies Act of 1978 (PURPA) to require electric utilities, before undertaking investments in non-advanced grid technologies, to demonstrate that alternative investments in advanced grid technologies have been considered, including from a standpoint of cost-effectiveness, where such cost-effectiveness considers costs and benefits on a lifecycle basis.

Permits each electric utility to recover from ratepayers the costs for a qualified Smart Grid system.

Requires each state regulatory authority and each nonregulated utility to reconsider prior time-of-day and communication standards to take into account Smart Grid technologies.

(Sec. 9118) Requires the Secretary of Energy to report to Congress a quantitative assessment and determination of the impact of the deployment of Smart Grid systems on improving the security of the Nation's electricity infrastructure and operating capability. Authorizes appropriations.

<b>Part 2: Demand Response </b>- (Sec. 9121) Amends NECPA to require federal agencies to include in mandatory annual reports: (1) agency aggregate electricity demand during system peak hours during 2006 and 2007; and (2) a forecast of the projected growth in such peak demand in light of projected agency growth for each year through 2018.

Requires such agencies to: (1) reduce aggregate peak electricity demand; or (2) make certain percentage amounts of electricity demand available in the form of demand response, according to a specified Federal Electricity Peak Demand Reduction Standard.

Directs the GMC to: (1) to conduct and report to Congress on a National Assessment of Demand Response; and (2) develop and implement a National Action Plan on Demand Response meeting specified objectives. Authorizes appropriations for FY2008-FY2020.

Directs the EPA Administrator to report to Congress on a quantitative assessment and determination of the impacts of demand response and &quot;smart grid&quot; systems upon: (1) air emissions and air quality; and (2) environmental parameters other than emissions and air quality. Authorizes appropriations for FY2010.

<b>Subtitle C: Loan Guarantees </b>- (Sec. 9201) Amends the Energy Policy Act of 2005 to: (1) authorize a federal loan guarantee of 100 % for innovative technologies projects; (2) prohibit loan guarantees unless the borrower has provided reasonable assurances that laborers and mechanics employed in construction work financed with the loan will be paid wages at prevailing rates in accordance with the Davis-Bacon Act.

(Sec. 9202) Prohibits any authorized appropriation for innovative technology loan guarantees from excluding any category of eligible project.

<b>Subtitle D: Renewable Fuel Infrastructure and International Cooperation - Part 1: Renewable Fuel Infrastructure </b>- (Sec. 9301) Instructs the Secretary of Energy to: (1) establish a grants program for retail and wholesale motor fuel dealers or other entities for the installation, replacement, or conversion of motor fuel storage and dispensing infrastructure to be used exclusively to store and dispense renewable fuel; and (2) provide technical and marketing assistance to entities with demonstrated experience in assisting retail fueling stations in installing refueling systems and marketing renewable fuels nationally.

Authorizes appropriations for FY2008-FY2014.

(Sec. 9302) Amends the Petroleum Marketing Practices Act to prohibit franchise agreements that contain restrictions upon installation of renewable fuel pumps.

(Sec. 9303) - Instructs the Secretary of Energy to study and report to Congress on: (1) market penetration for flexible-fuel vehicles in use within certain geographic regions; (2) the feasibility of requiring motor fuel retailers to install E-85 compatible dispensers and related systems at retail fuel facilities in regions where flexible-fuel vehicle market penetration has reached 15 % of motor vehicles; and (3) the feasibility of constructing dedicated ethanol pipelines.

(Sec. 9305) Directs EPA to study and report to Congress on the feasibility of widespread domestic utilization of ethanol blended gasoline with ethanol levels greater than 10%.

(Sec. 9306) Instructs the Secretary of Energy to study and report to Congress on the adequacy of railroad transportation of domestically-produced renewable fuel.

(Sec. 9307) Amends the Clean Air Act to: (1) require the EPA Administrator to initiate a rulemaking establishing a series of uniform per gallon fuel standards for categories of fuels that contain biodiesel, unless the American Society for Testing and Materials has adopted a standard for diesel fuel containing 20 % biodiesel; and (2) authorize appropriations for cellulosic ethanol production grants for FY2009-FY2010.

(Sec. 9309) Requires the Secretary of Transportation to implement a. consumer education campaign relating to flexible-fuel vehicles.

(Sec. 9310) Conditions any waiver of certain Clean Air Act prohibitions for any renewable fuel or renewable fuel additive upon final action by the EPA Administrator, after public notice and comment, and based on an application of certain standards and criteria with respect to emissions control devices or systems and vehicle emissions standards to on-road and non-road engines and vehicles.

(Sec. 9311) Amends the Energy Policy Act of 2005 to: (1) require the efficient hybrid and advanced diesel vehicle production and sales program to provide grants for flexible-fuel vehicles; (2) repeal the fiscal year limit on the authorization of appropriations for such program; and (3) authorize the Secretary of Energy to coordinate implementation of such program with state and local programs by establishing matching grant arrangements for retention and retraining of skilled workers from manufacturing facilities.

(Sec. 9312) Authorizes FY2008 appropriations for cellulosic ethanol and biofuels research at up to 10 institutions of higher education.

(Sec. 9313) Requires the head of each federal agency to install at least one renewable fuel pump at each federal fleet fueling center.

Authorizes appropriations.

(Sec. 9314) Instructs the Secretary of Energy to study and report to Congress on the impact of increased use of renewable fuels on the domestic economy.

(Sec. 9315) Requires the Secretary of Energy to provide research and development grants for renewable fuel production technologies in states with low ethanol production rates and low cellulosic biomass ethanol production rates. Authorizes appropriations for FY2008-FY2010.

(Sec. 9316) Requires the Secretary to study and report to Congress on anticipated effects on renewable fuels production if oil were priced no lower than $40 per barrel.

(Sec. 9317) Amends federal transportation law to include biodiesel as an alternative fuel for corporate average fuel economy (CAFE) purposes.

<b>Part 2: United States-Israel Energy Cooperation </b>- United States-Israel Energy Cooperation Act - (Sec. 9323) Instructs the the Secretary of Energy to award grants to certain joint ventures composed of: (1) both Israeli and U.S. private business entities; or (2) both Israeli and U.S. academic persons who reside and work in Israel.

Requires the Secretary to select grantees in consultation with the Israel-United States Binational Industrial Research and Development Foundation (BIRD) and the United States-Israel Binational Science Foundation (BSF).

(Sec. 9324) Establishes in DOE the International Energy Advisory Board.

(Sec. 9327) Authorizes appropriations for FY2008-FY2014.

<b>Subtitle E: Advanced Plug-In Hybrid Vehicles and Components </b>- (Sec. 9401) Directs the Secretary of Energy to establish an advanced battery loan guarantee program for construction of domestic manufacturing facilities for advanced vehicle batteries and battery systems developed and produced in the United States, including advanced lithium ion batteries and hybrid electrical system and component manufacturers and software designers. Authorizes appropriations.

(Sec. 9402) Amends the Energy Policy Act of 2005 to: (1) require the efficient hybrid and advanced diesel vehicle production and sales program to provide grants for plug-in electric hybrid vehicles; (2) repeal the fiscal year limit on the authorization of appropriations for such program; and (3) authorize the Secretary of Energy to coordinate implementation of such program with state and local programs by establishing matching grant arrangements for retention and retraining of skilled workers from manufacturing facilities.

(Sec. 9403) Directs the Secretary of Energy to establish: (1) a competitive program to provide grants on a cost-shared basis to state and local governmental authorities and private or nonprofit entities to encourage use of plug-in electric drive vehicles or other emerging electric vehicle technologies; and (2) a nationwide electric drive transportation education program, including the Dr. Andrew Frank Plug-In Hybrid Electric Vehicle Competition. Authorizes appropriations.

(Sec. 9404) Directs the Secretary of Energy to establish a grants program for owners of domestic motor vehicle manufacturing or production facilities to produce plug-in hybrid electric motors or conversion modules to be used as electricity storage capacity for utilities. Authorizes appropriations.

(Sec. 9406) Amends the Energy Policy Act of 1992 to extend the credit allocation program to acquisitions of medium or heavy duty hybrid vehicles and specified kinds of electric vehicles. Authorizes appropriations.

(Sec. 9407) Requires the Secretary to establish a revolving loan program to conduct qualified electric transportation projects.

Directs the EPA Administrator to: (1) inventory and analyze existing electric drive transportation technologies and hybrid technologies and markets; and (2) identify and implement methods of removing barriers to applications of electric drive transportation technologies and hybrid transportation technologies.

Authorizes appropriations.

(Sec. 9408) Directs the Secretary of Transportation to study and report to Congress on the benefits of, and barriers to the widespread use of, city cars, which may be battery electric, fuel cell electric, or plug-in hybrid electric vehicles, with a performance capability exceeding that of low speed vehicles but under that of passenger vehicles. Authorizes appropriations.

<b>Subtitle F: Availability of Critical Energy Information </b>- (Sec. 9502) Instructs the Administrator of the Energy Information Administration to establish and submit to Congress a five-year plan to enhance the quality and scope of the data collection necessary to ensure the scope, accuracy, and timeliness of information needed for efficient functioning of energy markets and related financial operations.

Authorizes appropriations for FY2008-FY2012.

<b>Subtitle G: Natural Gas Utilities </b>- (Sec. 9511) Amends PURPA to require each natural gas utility to: (1) integrate energy efficiency resources into its plans and planning processes; and (2) adopt policies that establish energy efficiency as a priority resource in its planning processes.

Sets forth discretionary rate policy modifications to promote energy efficiency investments.

<b>Subtitle H: Federal Renewable Portfolio Standard </b>- (Sec. 9611) Amends PURPA to specify calendar year 2010-2039 increases in the mandatory annual percentage of a retail electric supplier's base amount of electric energy sold for non-resale purposes that shall be generated from renewable energy sources (or otherwise credited towards such percentage requirement) to comply with federal renewable energy and renewable energy efficiency requirements.

Authorizes retail electric suppliers to satisfy such requirements through the submission of renewable energy and energy efficiency credits, which may be sold, transferred, exchanged, or borrowed.

Requires the Secretary of Energy to establish a state renewable energy account program.

<b>Subtitle I: Large and Small Scale Hydropower </b>- (Sec. 9621) Expresses the sense that Congress recognizes and supports renewable energy, specifically the clean, consistent, pollution free large and small scale conventional hydropower energy.<br>

<b> Division B: Renewable Energy and Energy Conservation Tax Act of 2007 - </b>Renewable Energy and Energy Conservation Tax Act of 2007 - (Sec. 10002) Amends Internal Revenue Code provisions relating to renewable energy sources and energy conservation.

<b>Title XI: Production Incentives</b> - (Sec. 11001) Extends through 2012 the tax credit for the production of electricity from renewable resources (e.g., wind, closed and open-loop biomass, geothermal energy, small irrigation power, municipal solid waste, and qualified hydropower). Imposes a limit on such tax credit based upon investment in renewable resource facilities placed in service after 2008 in lieu of the current phaseout provisions for such credit.

(Sec. 11002) Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of the tax credit for producing electricity from renewable resources.

(Sec. 11003) Extends through 2016 the energy tax credit for investment in solar energy and fuel cell property.

Allows an offset against alternative minimum tax liability for certain energy tax credit amounts.

Increases to $1,500 the credit limitation for fuel cell property.

Allows public electric utilityforeclosed property to qualify for the energy tax credit.

(Sec. 11004) Allows a new tax credit for investment in qualified new clean renewable energy bonds.

(Sec. 11005) Extends through 2009 the special rule for the treatment of gain from electronic transmission transactions by a qualified electric utility (as defined by the Federal Power Act).

(Sec. 11006) Repeals the dollar limitation on the residential energy efficient property tax credit for solar electric and solar water heating property expenditures and for qualified fuel cell property expenditures. Requires performance certification of solar water heating property as a condition of eligibility for the tax credit. Allows an offset against alternative minimum tax liability of tax credit amounts.

<b>Title XII: Conservation - Subtitle A: Transportation</b> - (Sec. 12001) Allows a new tax credit for the production of qualified plug-in hybrid motor vehicles. Defines &quot;qualified plug-in hybrid vehicle&quot; as a motor vehicle weighing less than 14,000 poundsmaintain that meets certain emission standards under the Clean Air Act and that is propelled to a significant extent by an electric motor that draws electricity from a rechargeable battery.

(Sec. 12002) Extends through 2010 the tax credit for installing nonhydrogen alternative fuel refueling property. Increases the rate of the tax credit for alternative fuel refueling property expenditures from 30 to 50% and raises the dollar limit for commercial properties to $50,000.

(Sec. 12003) Extends through 2010 the income and excise tax credits for biodiesel (including agri-biodiesel) and renewable diesel used as fuel. Eliminates the requirement that renewable diesel be made using a thermal depolymerization process.

(Sec. 12004) Allows an alcohol fuels tax credit for the production of qualified cellulosic alcohol fuel.

(Sec. 12005) Excludes from gross income for income tax purposes reimbursements for bicycle commuting expenses.

(Sec. 12006) Modifies the definition of &quot;passenger automobile&quot; for purposes of limitations on depreciation and expensing of vehicles to include any four-wheeled vehicles that are designed primarily to carry passengers over public streets, roads, or highways and that are rated at not more than 14,000 pounds gross vehicle weight.

(Sec. 12007) Allows a tax credit against payroll liabilities of New York Liberty Zone governmental units (i.e., New York State, the City of New York, or any agencies or instrumentalities thereof) for expenditures involving transportation infrastructure projects in or connecting with the New York Liberty Zone.

<b>Subtitle B: Other Conservation Provisions</b> - (Sec. 12011) Authorizes the issuance of tax-credit energy conservation and qualified residential energy efficiency assistance bonds.

(Sec. 12013) Extends through 2013 the tax deduction for energy efficient commercial building expenditures.

(Sec. 12014) Revises the tax credit amounts for energy efficient appliances (i.e., dishwashers, clothes washers, refrigerators, and dehumidifiers) produced after 2007.

(Sec. 12015) Allows a five-year recovery period for the depreciation of qualified energy management devices. Defines &quot;qualified energy management device&quot; as a device that measures and records electricity usage data on a time-differentiated basis in at least 24 separate time segments per day and allows for the exchange of electricity-usage information and data.

<b>Title XIII: Revenue Provisions - Subtitle A: Denial of Oil and Gas Tax Benefits</b> - (Sec. 13001) Denies a tax deduction for income attributable to the domestic production of oil, natural gas, or any primary products thereof.

(Sec. 13002) Increases from five to seven years the amortization period for geological and geophysical expenditures for certain major integrated oil companies (i.e., companies with an average daily worldwide production of crude oil of at least 500,000 barrels, gross receipts in excess of $1 billion, and an ownership interest in a crude oil refiner of 15% or more).

(Sec. 13003) Revises the standard for calculating foreign oil and gas extraction income for purposes of the foreign tax credit to require a fair market valuation.

<b>Subtitle B: Clarification of Eligibility for Certain Fuel Credits</b> - (Sec. 13011) Modifies the definition of &quot;renewable diesel&quot; for purposes of the income and excise tax credits for biodiesel and renewable diesel used as fuel to exclude any fuel derived from coprocessing biomass with a feedstock which is not biomass.

(Sec. 13012) Disqualifies foreign-produced fuel that is used or sold for use outside the United States for the income and excise tax credits for alcohol, biodiesel, renewable diesel, and alternative fuel production.

<b>Title XIV: Other Provisions - Subtitle A: Studies</b> - (Sec. 14001) Directs the Secretary of the Treasury to enter into an agreement with the National Academy of Sciences for a comprehensive review of federal tax provisions that have the largest effects on carbon and other greenhouse gas emissions and to estimate the magnitude of those effects. Requires the Academy to report to Congress on such study not later than two years after the enactment of this Act. Authorizes appropriations for FY2008-FY2009.

(Sec. 14002) Directs the Secretary to enter into an agreement with the Academy to analyze and report to Congress on current scientific findings relating to biofuels production.

<b>Subtitle B: Application of Certain Labor Standards on Projects Financed Under Tax Credit Bonds</b> - (Sec. 14011) Makes federal public buildings and works labor standards applicable to projects financed by tax credit bonds.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 5/6/2008: Rules Committee Resolution H. Res. 1175 Reported to House. Previous question shall be considered as ordered without intervening motions. The rule waives all points of order against the motion except for clause 10 of rule XXI. The rule also provides that the Chair shall divide the question of adoption of the motion among the three House amendments. The rule provides that upon adoption of the motion specified in the first section of the resolution, a motion that the House concur in the Senate amendment to the title shall be considered as adopted.
</status>

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== Points in Favor ==

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== Points Against ==

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