change in normal operating conditions. (5) Recoverability The term re­cov­er­a­bil­i­ty means the ability of the construction to recover quickly, and at low cost, from potentially disruptive events. (e) Other definitions For purposes of this section— (1) Construction The term construction includes new construction and reconstruction and rehabilitation that meets resilient construction requirements. (2) Federally declared major disaster The term federally declared major disaster means a disaster subsequently determined by the President of the United States to be a major disaster that warrants assistance by the Federal Government under the Robert T. Stafford Disaster Relief and Emergency Assistance Act. (3) Disaster area The term disaster area means the area so determined to warrant such assistance. (f) Application with other credits (1) Business credit treated as part of general business credit So much of the credit which would be allowed under subsection (a) for any taxable year (determined without regard to this subsection) that is attributable to property of a character subject to an allowance for depreciation shall be treated as a credit listed in section 38(b) for such taxable year (and not allowed under subsection (a)). (2) Personal credit For purposes of this title, the credit allowed under subsection (a) for any taxable year (determined after application of paragraph (1)) shall be treated as a credit allowable under subpart A for such taxable year. (g) Basis reduction For purposes of this subtitle, the basis of any property for which a credit is allowable under subsection (a) shall be reduced by the amount of such credit so allowed. (h) Termination This section shall not apply to any property for which a certificate for occupancy is issued after December 31, 2022. . (b) Credit made part of general business credit Section 38(b) of such Code is amended by striking plus at the end of paragraph (35), by striking the period at the end of paragraph (36) and inserting , plus , and by adding at the end the