Air Act. . (b) Qualified capital climate transition property Section 179 of the Internal Revenue Code of 1986 is amended— (1) in subsection (b)(1), by striking The aggregate cost and inserting Except as provided in subsection (f), the aggregate cost , (2) in subsection (d)(1), by striking and at the end of subparagraph (B)(ii), by striking the period at the end of subparagraph (C) and inserting , and , and by adding at the end the following new subparagraph: (D) at the election of the taxpayer, qualified capital climate transition property (as defined in subsection (f). , and (3) by adding at the end the following new subsection: (f) Qualified capital climate transition property (1) In general For purposes of this subsection, the term qualified capital climate transition property means property directly related to a transition to renewable energy sources, zero emission vehicle manufacturing, or regenerative agriculture, as such terms are defined by the Secretary. (2) Limitation The Secretary shall establish by regulation the aggregate cost which may be taken into account under subsection (a) with respect to qualified capital climate transition property. (3) Regulations and guidance The Secretary may issue such regulations or guidance as necessary to broadly define qualifying section 179 property based on the qualified capital climate transition costs that can be expected to be necessary in future taxable years. . (c) Effective date The amendments made by this section shall apply to amounts paid or incurred in taxable years ending after the date of the enactment of this Act. 9. Support, oversight, and reporting (a) Support and oversight The Administrator of the Environmental Protection Agency, the Secretary of Energy, and the Secretary of Agriculture shall provide direct oversight, facilitation, and support for the transitions to minimum annual percentages required under this Act and the amendments made by this Act. (b) Combined reporting required Not later than one year after the date of enactment of this Act,