(a) In general
Section 6417(d)(1)(A) of the Internal Revenue Code of 1986 is amended by striking or and the end of clause (v), by striking the period at the end of clause (vi) and inserting, or, and by adding at the end the following new clause:
(vii) a public entity, nonprofit organization, or electric cooperative organized under the laws of Puerto Rico.
(b) Exception from requirement that property is located in the United States
Section 6417(d)(2) of such Code is amended by striking and at the end of subparagraph (A), by striking the period at the end of subparagraph (B) and inserting, and, and by adding at the end the following new subparagraph:
(C) in the case of property which is used predominately in a United States possession, without regard to sections 50(b)(1) and 30C(e)(3).
(c) Effective date
The amendments made by this section shall apply to facilities and property placed in service after the date of the enactment of this section.