Source: http://taxtv.com/code/00025-USCODE-2011-title26-subtitleA-chap1-subchapA-partIV-subpartB-sec30C/
Timestamp: 2017-03-25 09:43:04
Document Index: 635695351

Matched Legal Cases: ['§30', '§30', '§1342', '§402', '§6', '§207', '§1123', '§711', '§1144', '§1142', '§207', '§207', '§6', '§412', '§402', '§711', '§1123', '§207', '§6', '§1342']

IRC §30C. Alternative fuel vehicle refueling property credit - TaxTV.com
IRC §30C. Alternative fuel vehicle refueling property credit
(6) Special rule for property placed in service during 2009 and 2010
In the case of property placed in service in taxable years beginning after December 31, 2008, and before January 1, 2011—
(i) subsection (a) shall be applied by substituting “50 percent” for “30 percent”,
(ii) subsection (b)(1) shall be applied by substituting “$50,000” for “$30,000”, and
(iii) subsection (b)(2) shall be applied by substituting “$2,000” for “$1,000”, and
(B) in the case of any such property which relates to hydrogen, subsection (b)(1) shall be applied by substituting “$200,000” for “$30,000”.
This section shall not apply to any property placed in service—
(2) in the case of any other property, after December 31, 2011..1
(Added Pub. L. 109–58, title XIII, §1342(a), Aug. 8, 2005, 119 Stat. 1049; amended Pub. L. 109–135, title IV, §§402(k), 412(d), Dec. 21, 2005, 119 Stat. 2615, 2636; Pub. L. 110–172, §6(b), Dec. 29, 2007, 121 Stat. 2479; Pub. L. 110–343, div. B, title II, §207(a), (b), Oct. 3, 2008, 122 Stat. 3839; Pub. L. 111–5, div. B, title I, §§1123(a), 1142(b)(3), 1144(b)(2), Feb. 17, 2009, 123 Stat. 325, 331, 332; Pub. L. 111–312, title VII, §711(a), Dec. 17, 2010, 124 Stat. 3315.)
2009—Subsec. (d)(2)(A). Pub. L. 111–5, §1144(b)(2), substituted “section 27” for “sections 27 and 30B”.
Pub. L. 111–5, §1142(b)(3), struck out “, 30,” before “and 30B”.
2008—Subsec. (c)(2)(C). Pub. L. 110–343, §207(b), added subpar. (C).
Subsec. (g)(2). Pub. L. 110–343, §207(a), substituted “December 31, 2010” for “December 31, 2009”.
2007—Subsec. (b). Pub. L. 110–172, §6(b)(1), reenacted heading without change and amended introductory provisions generally. Prior to amendment, introductory provisions read as follows: “The credit allowed under subsection (a) with respect to any alternative fuel vehicle refueling property shall not exceed—”.
2005—Subsec. (d)(2)(A). Pub. L. 109–135, §412(d), substituted “regular tax liability (as defined in section 26(b))” for “regular tax”.
Subsec. (e)(2). Pub. L. 109–135, §402(k), inserted at end “For purposes of subsection (d), property to which this paragraph applies shall be treated as of a character subject to an allowance for depreciation.”
Pub. L. 111–312, title VII, §711(b), Dec. 17, 2010, 124 Stat. 3315, provided that: “The amendment made by this section [amending this section] shall apply to property placed in service after December 31, 2010.”
Pub. L. 111–5, div. B, title I, §1123(b), Feb. 17, 2009, 123 Stat. 325, provided that: “The amendment made by this section [amending this section] shall apply to taxable years beginning after December 31, 2008.”
Pub. L. 110–343, div. B, title II, §207(c), Oct. 3, 2008, 122 Stat. 3840, provided that: “The amendments made by this section [amending this section] shall apply to property placed in service after the date of the enactment of this Act [Oct. 3, 2008], in taxable years ending after such date.”
Pub. L. 110–172, §6(e), Dec. 29, 2007, 121 Stat. 2481, provided that:
“(1) In general.—Except as otherwise provided in this subsection, the amendments made by this section [amending this section and sections 41, 45J, 4041, 4042, 4082, and 6430 of this title, and enacting provisions set out as a note under section 6430 of this title] shall take effect as if included in the provisions of the Energy Policy Act of 2005 [Pub. L. 109–58] to which they relate.
“(2) Nonapplication of exemption for off-highway business use.—The amendment made by subsection (d)(3) [amending section 4041 of this title] shall apply to fuel sold for use or used after the date of the enactment of this Act [Dec. 29, 2007].
“(3) Amendment made by the safetea–lu.—The amendment made by subsection (d)(2)(C)(ii) [amending section 4082 of this title] shall take effect as if included in section 11161 of the SAFETEA–LU [Pub. L. 109–59].”
Pub. L. 109–58, title XIII, §1342(c), Aug. 8, 2005, 119 Stat. 10 , provided that: “The amendments made by this section [enacting this section and amending sections 38, 55, 1016, and 6501 of this title] shall apply to property placed in service after December 31, 2005, in taxable years ending after such date.”