is amended by striking plus at the end of paragraph (32), by striking the period at the end of paragraph (33) and inserting , plus , and by adding at the end the following new paragraph: (34) the zero-emission electricity acceleration investment credit determined under section 45U. . (c) Clerical amendment The table of sections for subpart D of part IV of subchapter A of chapter 1 of such Code is amended by adding at the end the following new item: Sec. 45U. Zero-emission electricity acceleration investment credit. . (d) Effective date The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act. 302. Zero-emission electricity acceleration grants (a) In general Upon application, the Secretary of Energy shall, subject to the requirements of this section and the availability of appropriations for such purpose, provide a grant in an amount specified under subsection (b) to an eligible electricity provider that— (1) permanently retires every existing carbon-emitting generating unit owned by the eligible electricity provider as of the date that the applicable percentage for the grant begins to apply under subsection (b)(2)