1. Short title This Act may be cited as the Advancing Carbon Capture in Energy Generation Act . 2. Modifications of qualifying advanced coal project credit (a) Sequestration requirement for certain equipment Section 48A(e)(1)(G) of the Internal Revenue Code of 1986 is amended by striking (70 percent in the case of an application for reallocated credits under subsection (d)(4)) and inserting (60 percent in the case of an application with respect to reallocated credits under subsection (d)(4) for an electrical generating unit in existence on October 3, 2008, and 70 percent in the case of any other application for reallocated credits under such subsection) . (b) Advanced coal-Based generation technology requirements (1) In general Section 48A(f) of such Code is amended— (A) by striking generation technology.— and all that follows through For the purpose of this section and inserting the following generation technology.— For the purpose of this section , and (B) by striking generation technology if— and all that follows through the unit is designed and inserting the following: generation technology if the unit is designed . (2) Conforming amendments Section 48A(f) of such Code, as amended by paragraph (1), is amended— (A) by striking paragraphs (2) and (3), and (B) by striking in subparagraph (B) in the second sentence and inserting in this subsection . (c) Performance requirements in case of best available control technology Section 48A(f) of such Code, as amended by subsection (b), is amended by adding at the end the following: In the case of a unit which has undergone a best available control technology analysis after August 8, 2005, with respect to the removal or emissions of any pollutant specified in the table contained in this subsection, the removal or emissions design level with respect to such pollutant shall be the level determined in such analysis. . (d) Effective date The amendments made by this section shall apply to allocations and reallocations after the date of the enactment of this Act.