Source: https://www.law.cornell.edu/uscode/text/26/45
Timestamp: 2018-06-23 04:52:13
Document Index: 648290544

Matched Legal Cases: ['§ 45', '§ 45', '§\u202f45', '§\u202f1301', '§\u202f1914', '§\u202f507', '§\u202f1', '§\u202f319', '§\u202f603', '§\u202f313', '§\u202f710', '§\u202f1301', '§\u202f402', '§\u202f201', '§\u202f7', '§\u202f101', '§\u202f1101', '§\u202f702', '§\u202f406', '§\u202f154', '§\u202f210', '§\u202f301', '§\u202f186', '§\u202f40408', '§\u202f791', '§\u202f1322', '§\u202f40409', '§\u202f40408', '§\u202f301', '§\u202f301', '§\u202f187', '§\u202f187', '§\u202f187', '§\u202f187', '§\u202f187', '§\u202f187', '§\u202f186', '§\u202f187', '§\u202f186', '§\u202f186', '§\u202f186', '§\u202f186', '§\u202f210', '§\u202f155', '§\u202f154', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f407', '§\u202f406', '§\u202f1101', '§\u202f1101', '§\u202f1101', '§\u202f1101', '§\u202f1101', '§\u202f108', '§\u202f102', '§\u202f102', '§\u202f108', '§\u202f101', '§\u202f108', '§\u202f101', '§\u202f108', '§\u202f101', '§\u202f102', '§\u202f106', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f102', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f101', '§\u202f108', '§\u202f101', '§\u202f102', '§\u202f108', '§\u202f108', '§\u202f7', '§\u202f7', '§\u202f9', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f402', '§\u202f1301', '§\u202f403', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f412', '§\u202f1301', '§\u202f412', '§\u202f1301', '§\u202f1301', '§\u202f1301', '§\u202f1322', '§\u202f1301', '§\u202f1322', '§\u202f1301', '§\u202f1302', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f710', '§\u202f507', '§\u202f507', '§\u202f507', '§\u202f507', '§\u202f40408', '§\u202f40409', '§\u202f301', '§\u202f186', '§\u202f187', '§\u202f154', '§\u202f155', '§\u202f210', '§\u202f406', '§\u202f407', '§\u202f702', '§\u202f1101', '§\u202f101', '§\u202f102', '§\u202f108', '§\u202f9', '§\u202f1301', '§\u202f11', '§\u202f1302', '§\u202f710', '§\u202f1301', '§\u202f313', '§\u202f603', '§\u202f507']

U.S. Code › Title 26 › Subtitle A › Chapter 1 › Subchapter A › Part IV › Subpart D › § 45
26 U.S. Code § 45 - Electricity produced from certain renewable resources, etc.
§ 45.
(a) General ruleFor purposes of section 38, the renewable electricity production credit for any taxable year is an amount equal to the product of—
(1) Phaseout of creditThe amount of the credit determined under subsection (a) shall be reduced by an amount which bears the same ratio to the amount of the credit (determined without regard to this paragraph) as—
The 1.5 cent amount in subsection (a), the 8 cent amount in paragraph (1), the $4.375 amount in subsection (e)(8)(A), the $2 amount in subsection (e)(8)(D)(ii)(I), and in subsection (e)(8)(B)(i) the reference price of fuel used as a feedstock (within the meaning of subsection (c)(7)(A)) in 2002 shall each be adjusted by multiplying such amount by the inflation adjustment factor for the calendar year in which the sale occurs. If any amount as increased under the preceding sentence is not a multiple of 0.1 cent, such amount shall be rounded to the nearest multiple of 0.1 cent.
(3) Credit reduced for grants, tax-exempt bonds, subsidized energy financing, and other creditsThe amount of the credit determined under subsection (a) with respect to any project for any taxable year (determined after the application of paragraphs (1) and (2)) shall be reduced by the amount which is the product of the amount so determined for such year and the lesser of ½ or a fraction—
In the case of electricity produced and sold in any calendar year after 2003 at any qualified facility described in paragraph (3), (5), (6), (7), (9), or (11) of subsection (d), the amount in effect under subsection (a)(1) for such calendar year (determined before the application of the last sentence of paragraph (2) of this subsection) shall be reduced by one-half.
(5) Phaseout of credit for wind facilitiesIn the case of any facility using wind to produce electricity, the amount of the credit determined under subsection (a) (determined after the application of paragraphs (1), (2), and (3) and without regard to this paragraph) shall be reduced by—
in the case of any facility the construction of which begins after December 31, 2016, and before January 1, 2018, 20 percent,
in the case of any facility the construction of which begins after December 31, 2017, and before January 1, 2019, 40 percent, and
in the case of any facility the construction of which begins after December 31, 2018, and before January 1, 2020, 60 percent.
(c) ResourcesFor purposes of this section:
(1) In generalThe term “qualified energy resources” means—
(A) In generalThe term “open-loop biomass” means—
(5) Small irrigation powerThe term “small irrigation power” means power—
The term “municipal solid waste” has the meaning given the term “solid waste” under section 2(27) [1] of the Solid Waste Disposal Act (42 U.S.C. 6903), except that such term does not include paper which is commonly recycled and which has been segregated from other solid waste (as so defined).
(A) In generalThe term “refined coal” means a fuel—
is sold by the taxpayer with the reasonable expectation that it will be used for purpose [2] of producing steam, and
is certified by the taxpayer as resulting (when used in the production of steam) in a qualified emission reduction.[3]
The term “qualified emission reduction” means a reduction of at least 20 percent of the emissions of nitrogen oxide and at least 40 percent of the emissions of either sulfur dioxide or mercury released when burning the refined coal (excluding any dilution caused by materials combined or added during the production process), as compared to the emissions released when burning the feedstock coal or comparable coal predominantly available in the marketplace as of January 1, 2003.
(C) Steel industry fuel
(i) In generalThe term “steel industry fuel” means a fuel which—
(ii) Coal waste sludge
(A) In generalThe term “qualified hydropower production” means—
(C) Nonhydroelectric damFor purposes of subparagraph (A), a facility is described in this subparagraph if—
(A) In generalThe term “Indian coal” means coal which is produced from coal reserves which, on June 14, 2005—
(10) Marine and hydrokinetic renewable energy
(A) In generalThe term “marine and hydrokinetic renewable energy” means energy derived from—
(d) Qualified facilitiesFor purposes of this section:
In the case of a facility using wind to produce electricity, the term “qualified facility” means any facility owned by the taxpayer which is originally placed in service after December 31, 1993, and the construction of which begins before January 1, 2020. Such term shall not include any facility with respect to which any qualified small wind energy property expenditure (as defined in subsection (d)(4) of section 25D) is taken into account in determining the credit under such section.
(A) In generalIn the case of a facility using closed-loop biomass to produce electricity, the term “qualified facility” means any facility—
owned by the taxpayer which is originally placed in service after December 31, 1992, and the construction of which begins before January 1, 2018, or
owned by the taxpayer which before January 1, 2018, is originally placed in service and modified to use closed-loop biomass to co-fire with coal, with other biomass, or with both, but only if the modification is approved under the Biomass Power for Rural Development Programs or is part of a pilot project of the Commodity Credit Corporation as described in 65 Fed. Reg. 63052.
For purposes of clause (ii), a facility shall be treated as modified before January 1, 2018, if the construction of such modification begins before such date.
(B) Expansion of facility
Such term shall include a new unit placed in service after the date of the enactment of this subparagraph in connection with a facility described in subparagraph (A)(i), but only to the extent of the increased amount of electricity produced at the facility by reason of such new unit.
(C) Special rulesIn the case of a qualified facility described in subparagraph (A)(ii)—
(A) In generalIn the case of a facility using open-loop biomass to produce electricity, the term “qualified facility” means any facility owned by the taxpayer which—
is originally placed in service after the date of the enactment of this subclause and the construction of which begins before January 1, 2018, and
in the case of any other facility, the construction of which begins before January 1, 2018.
Such term shall include a new unit placed in service after the date of the enactment of this subparagraph in connection with a facility described in subparagraph (A), but only to the extent of the increased amount of electricity produced at the facility by reason of such new unit.
(C) Credit eligibility
(4) Geothermal or solar energy facilityIn the case of a facility using geothermal or solar energy to produce electricity, the term “qualified facility” means any facility owned by the taxpayer which is originally placed in service after the date of the enactment of this paragraph and which—
in the case of a facility using geothermal energy, the construction of which begins before January 1, 2018.
Such term shall not include any property described in section 48(a)(3) the basis of which is taken into account by the taxpayer for purposes of determining the energy credit under section 48.
In the case of a facility using small irrigation power to produce electricity, the term “qualified facility” means any facility owned by the taxpayer which is originally placed in service after the date of the enactment of this paragraph and before October 3, 2008.
In the case of a facility producing electricity from gas derived from the biodegradation of municipal solid waste, the term “qualified facility” means any facility owned by the taxpayer which is originally placed in service after the date of the enactment of this paragraph and the construction of which begins before January 1, 2018.
(7) Trash facilities
In the case of a facility (other than a facility described in paragraph (6)) which uses municipal solid waste to produce electricity, the term “qualified facility” means any facility owned by the taxpayer which is originally placed in service after the date of the enactment of this paragraph and the construction of which begins before January 1, 2018. Such term shall include a new unit placed in service in connection with a facility placed in service on or before the date of the enactment of this paragraph, but only to the extent of the increased amount of electricity produced at the facility by reason of such new unit.
(8) Refined coal production facilityIn the case of a facility that produces refined coal, the term “refined coal production facility” means—
(A) In generalIn the case of a facility producing qualified hydroelectric production described in subsection (c)(8), the term “qualified facility” means—
in the case of any facility producing incremental hydropower production, such facility but only to the extent of its incremental hydropower production attributable to efficiency improvements or additions to capacity described in subsection (c)(8)(B) placed in service after the date of the enactment of this paragraph and before January 1, 2018, and
any other facility placed in service after the date of the enactment of this paragraph and the construction of which begins before January 1, 2018.
In the case of a qualified facility described in subparagraph (A), the 10-year period referred to in subsection (a) shall be treated as beginning on the date the efficiency improvements or additions to capacity are placed in service.
For purposes of subparagraph (A)(i), an efficiency improvement or addition to capacity shall be treated as placed in service before January 1, 2018, if the construction of such improvement or addition begins before such date.
The term “Indian coal production facility” means a facility that produces Indian coal.
(11) Marine and hydrokinetic renewable energy facilitiesIn the case of a facility producing electricity from marine and hydrokinetic renewable energy, the term “qualified facility” means any facility owned by the taxpayer—
which is originally placed in service on or after the date of the enactment of this paragraph and the construction of which begins before January 1, 2018.
(1) Only production in the United States taken into accountSales shall be taken into account under this section only with respect to electricity the production of which is within—
The term “reference price” means, with respect to a calendar year, the Secretary’s determination of the annual average contract price per kilowatt hour of electricity generated from the same qualified energy resource and sold in the previous year in the United States. For purposes of the preceding sentence, only contracts entered into after December 31, 1989, shall be taken into account.
[(6) Repealed. Pub. L. 109–58, title XIII, § 1301(f)(3), Aug. 8, 2005, 119 Stat. 990]
(A) In generalThe credit determined under subsection (a) shall not apply to electricity—
(A) Determination of credit amountIn the case of a producer of refined coal, the credit determined under this section (without regard to this paragraph) for any taxable year shall be increased by an amount equal to $4.375 per ton of qualified refined coal—
(B) Phaseout of creditThe amount of the increase determined under subparagraph (A) shall be reduced by an amount which bears the same ratio to the amount of the increase (determined without regard to this subparagraph) as—
(D) Special rule for steel industry fuel
(i) In generalIn the case of a taxpayer who produces steel industry fuel—
(ii) Modifications
(I) Credit amount
(II) Credit period
(III) No phaseout
(iv) Barrel-of-oil equivalent
(ii) Exception for steel industry coal
(A) Determination of credit amountIn the case of a producer of Indian coal, the credit determined under this section (without regard to this paragraph) for any taxable year shall be increased by an amount equal to the applicable dollar amount per ton of Indian coal—
produced by the taxpayer at an Indian coal production facility during the 12-year period beginning on January 1, 2006, and
to an unrelated person (either directly by the taxpayer or after sale or transfer to one or more related persons), and
during such 12-year period and such taxable year.
(i) In generalThe term “applicable dollar amount” for any taxable year beginning in a calendar year means—
(B) Treatment of organizations and patronsThe amount of the credit apportioned to any patrons under subparagraph (A)—
(C) Special rules for decrease in credits for taxable yearIf the amount of the credit of a cooperative organization determined under subsection (a) for a taxable year is less than the amount of such credit shown on the return of the cooperative organization for such year, an amount equal to the excess of—
(Added Pub. L. 102–486, title XIX, § 1914(a), Oct. 24, 1992, 106 Stat. 3020; amended Pub. L. 106–170, title V, § 507(a)–(c), Dec. 17, 1999, 113 Stat. 1922; Pub. L. 106–554, § 1(a)(7) [title III, § 319(1)], Dec. 21, 2000, 114 Stat. 2763, 2763A–646; Pub. L. 107–147, title VI, § 603(a), Mar. 9, 2002, 116 Stat. 59; Pub. L. 108–311, title III, § 313(a), Oct. 4, 2004, 118 Stat. 1181; Pub. L. 108–357, title VII, § 710(a)–(d), (f), Oct. 22, 2004, 118 Stat. 1552–1557; Pub. L. 109–58, title XIII, §§ 1301(a)–(f)(4), 1302(a), 1322(a)(3)(C), Aug. 8, 2005, 119 Stat. 986–990, 1011; Pub. L. 109–135, title IV, §§ 402(b), 403(t), 412(j), Dec. 21, 2005, 119 Stat. 2610, 2628, 2637; Pub. L. 109–432, div. A, title II, § 201, Dec. 20, 2006, 120 Stat. 2944; Pub. L. 110–172, §§ 7(b), 9(a), Dec. 29, 2007, 121 Stat. 2482, 2484; Pub. L. 110–343, div. B, title I, §§ 101(a)–(e), 102(a)–(e), 106(c)(3)(B), 108(a)–(d)(1), Oct. 3, 2008, 122 Stat. 3808–3810, 3815, 3819–3821; Pub. L. 111–5, div. B, title I, § 1101(a), (b), Feb. 17, 2009, 123 Stat. 319; Pub. L. 111–312, title VII, § 702(a), Dec. 17, 2010, 124 Stat. 3311; Pub. L. 112–240, title IV, §§ 406(a), 407(a), Jan. 2, 2013, 126 Stat. 2340; Pub. L. 113–295, div. A, title I, §§ 154(a), 155(a), title II, § 210(g)(1), Dec. 19, 2014, 128 Stat. 4021, 4032; Pub. L. 114–113, div. P, title III, § 301(a), div. Q, title I, §§ 186(a)–(c), (d)(2), 187(a), Dec. 18, 2015, 129 Stat. 3038, 3073, 3074; Pub. L. 115–123, div. D, title I, §§ 40408(a), 40409(a), Feb. 9, 2018, 132 Stat. 149, 150.)
[2]  So in original. Probably should be preceded by “the”.
[3]  So in original. The period probably should be “, or”.
The Federal Power Act, referred to in subsec. (c)(8)(C), is act June 10, 1920, ch. 285, 41 Stat. 1063. Part I of the Act is classified generally to subchapter I (§ 791a et seq.) of chapter 12 of Title 16, Conservation. For complete classification of this Act to the Code, see section 791a of Title 16 and Tables.
Section 29, referred to in subsec. (e)(9)(B)(i), was redesignated section 45K of this title by Pub. L. 109–58, title XIII, § 1322(a)(1), Aug. 8, 2005, 119 Stat. 1011.
2018—Subsec. (d). Pub. L. 115–123, § 40409(a), substituted “January 1, 2018” for “January 1, 2017” wherever appearing.
Subsec. (e)(10)(A)(i), (ii)(II). Pub. L. 115–123, § 40408(a), substituted “12-year period” for “11-year period”.
2015—Subsec. (b)(5). Pub. L. 114–113, § 301(a)(2), added par. (5).
Subsec. (d)(1). Pub. L. 114–113, § 301(a)(1), substituted “January 1, 2020” for “January 1, 2015”.
Subsec. (d)(2)(A). Pub. L. 114–113, § 187(a)(1), substituted “January 1, 2017” for “January 1, 2015” wherever appearing.
Subsec. (d)(3)(A)(i)(I), (ii). Pub. L. 114–113, § 187(a)(2), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (d)(4)(B). Pub. L. 114–113, § 187(a)(3), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (d)(6). Pub. L. 114–113, § 187(a)(4), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (d)(7). Pub. L. 114–113, § 187(a)(5), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (d)(9)(A)(i), (ii), (C). Pub. L. 114–113, § 187(a)(6), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (d)(10). Pub. L. 114–113, § 186(b), amended par. (10) generally. Prior to amendment, text read as follows: “In the case of a facility that produces Indian coal, the term ‘Indian coal production facility’ means a facility which is placed in service before January 1, 2009.”
Subsec. (d)(11)(B). Pub. L. 114–113, § 187(a)(7), substituted “January 1, 2017” for “January 1, 2015”.
Subsec. (e)(10)(A)(i). Pub. L. 114–113, § 186(a), substituted “11-year period” for “9-year period”.
Subsec. (e)(10)(A)(ii)(I). Pub. L. 114–113, § 186(c), inserted “(either directly by the taxpayer or after sale or transfer to one or more related persons)” after “unrelated person”.
Subsec. (e)(10)(A)(ii)(II). Pub. L. 114–113, § 186(a), substituted “11-year period” for “9-year period”.
Subsec. (e)(10)(D). Pub. L. 114–113, § 186(d)(2), struck out subpar. (D). Text read as follows: “The increase in the credit determined under subsection (a) by reason of this paragraph with respect to any facility shall be treated as a specified credit for purposes of section 38(c)(4)(A) during the 4-year period beginning on the later of January 1, 2006, or the date on which such facility is placed in service by the taxpayer.”
2014—Subsec. (b)(2). Pub. L. 113–295, § 210(g)(1), substituted “$2 amount” for “$3 amount”.
Subsec. (d). Pub. L. 113–295, § 155(a), substituted “January 1, 2015” for “January 1, 2014” wherever appearing.
Subsec. (e)(10)(A)(i), (ii)(II). Pub. L. 113–295, § 154(a), substituted “9-year period” for “8-year period”.
2013—Subsec. (c)(6). Pub. L. 112–240, § 407(a)(2), inserted “, except that such term does not include paper which is commonly recycled and which has been segregated from other solid waste (as so defined)” after “(42 U.S.C. 6903)”.
Subsec. (d)(1). Pub. L. 112–240, § 407(a)(3)(A)(i), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Pub. L. 112–240, § 407(a)(1), substituted “January 1, 2014” for “January 1, 2013”.
Subsec. (d)(2)(A). Pub. L. 112–240, § 407(a)(3)(B), inserted concluding provisions.
Subsec. (d)(2)(A)(i). Pub. L. 112–240, § 407(a)(3)(A)(ii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (d)(3)(A)(i)(I). Pub. L. 112–240, § 407(a)(3)(A)(iii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (d)(3)(A)(ii). Pub. L. 112–240, § 407(a)(3)(C), substituted “the construction of which begins” for “is originally placed in service”.
Subsec. (d)(4). Pub. L. 112–240, § 407(a)(3)(D)(i), substituted “and which—”, subpars. (A) and (B), and concluding provisions for “and before January 1, 2014 (January 1, 2006, in the case of a facility using solar energy). Such term shall not include any property described in section 48(a)(3) the basis of which is taken into account by the taxpayer for purposes of determining the energy credit under section 48.”
Subsec. (d)(6). Pub. L. 112–240, § 407(a)(3)(A)(iv), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (d)(7). Pub. L. 112–240, § 407(a)(3)(A)(v), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (d)(9). Pub. L. 112–240, § 407(a)(3)(E), designated introductory provisions as subpar. (A) and inserted heading, redesignated former subpars. (A) and (B) as cls. (i) and (ii), respectively, of subpar. (A), realigned margins, added subpar. (C), and redesignated former subpar. (C) as (B).
Subsec. (d)(9)(B). Pub. L. 112–240, § 407(a)(3)(A)(vi), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (d)(11)(B). Pub. L. 112–240, § 407(a)(3)(A)(vii), substituted “the construction of which begins before January 1, 2014” for “before January 1, 2014”.
Subsec. (e)(10)(A)(i), (ii)(II). Pub. L. 112–240, § 406(a), substituted “8-year period” for “7-year period”.
2010—Subsec. (d)(8)(B). Pub. L. 111–312 substituted “January 1, 2012” for “January 1, 2010”.
2009—Subsec. (d)(1). Pub. L. 111–5, § 1101(a)(1), substituted “2013” for “2010”.
Subsec. (d)(2)(A)(i), (ii), (3)(A)(i)(I), (ii), (4). Pub. L. 111–5, § 1101(a)(2), substituted “2014” for “2011”.
Subsec. (d)(5). Pub. L. 111–5, § 1101(b), substituted “and before October 3, 2008.” for “and before the date of the enactment of paragraph (11).”
Subsec. (d)(6), (7), (9)(A), (B). Pub. L. 111–5, § 1101(a)(2), substituted “2014” for “2011”.
Subsec. (d)(11)(B). Pub. L. 111–5, § 1101(a)(3), substituted “2014” for “2012”.
2008—Subsec. (b)(2). Pub. L. 110–343, § 108(b)(2), inserted “the $3 amount in subsection (e)(8)(D)(ii)(I),” after “subsection (e)(8)(A),”.
Subsec. (b)(4)(A). Pub. L. 110–343, § 102(d), substituted “(9), or (11)” for “or (9)”.
Subsec. (c)(1)(I). Pub. L. 110–343, § 102(a), added subpar. (I).
Subsec. (c)(7)(A). Pub. L. 110–343, § 108(a)(1), reenacted heading without change and amended text generally. Prior to amendment, subpar. (A) defined “refined coal”.
Subsec. (c)(7)(A)(i). Pub. L. 110–343, § 101(b)(1), amended subsec. (c)(7)(A)(i) as amended by Pub. L. 110–348, § 108(a)(1), by inserting “and” at end of subcl. (II), substituting period for “, and” at end of subcl. (III), and striking out subcl. (IV) which read as follows: “is produced in such a manner as to result in an increase of at least 50 percent in the market value of the refined coal (excluding any increase caused by materials combined or added during the production process), as compared to the value of the feedstock coal, or”.
Subsec. (c)(7)(B). Pub. L. 110–343, § 101(b)(2), inserted “at least 40 percent of the emissions of” after “nitrogen oxide and”.
Subsec. (c)(7)(C). Pub. L. 110–343, § 108(a)(2), added subpar. (C).
Subsec. (c)(8)(C). Pub. L. 110–343, § 101(e), reenacted heading without change and amended text generally. Prior to amendment, subpar. (C) described a nonhydroelectric dam facility for purposes of subpar. (A).
Subsec. (c)(10). Pub. L. 110–343, § 102(b), added par. (10).
Subsec. (d)(1). Pub. L. 110–343, § 106(c)(3)(B), inserted at end “Such term shall not include any facility with respect to which any qualified small wind energy property expenditure (as defined in subsection (d)(4) of section 25D) is taken into account in determining the credit under such section.”
Pub. L. 110–343, § 101(a)(1), substituted “January 1, 2010” for “January 1, 2009”.
Subsec. (d)(2)(A). Pub. L. 110–343, § 101(a)(2)(A), substituted “January 1, 2011” for “January 1, 2009” in cls. (i) and (ii).
Subsec. (d)(2)(B), (C). Pub. L. 110–343, § 101(d)(2), added subpar. (B) and redesignated former subpar. (B) as (C).
Subsec. (d)(3)(A). Pub. L. 110–343, § 101(a)(2)(B), substituted “January 1, 2011” for “January 1, 2009” in cls. (i)(I) and (ii).
Subsec. (d)(3)(B), (C). Pub. L. 110–343, § 101(d)(1), added subpar. (B) and redesignated former subpar. (B) as (C).
Subsec. (d)(4). Pub. L. 110–343, § 101(a)(2)(C), substituted “January 1, 2011” for “January 1, 2009”.
Subsec. (d)(5). Pub. L. 110–343, § 102(e), which directed amendment of par. (5) by substituting “the date of the enactment of paragraph (11)” for “January 1, 2012”, was executed by making the substitution for “January 1, 2011” to reflect the probable intent of Congress. See below.
Pub. L. 110–343, § 101(a)(2)(D), substituted “January 1, 2011” for “January 1, 2009”.
Subsec. (d)(6). Pub. L. 110–343, § 101(a)(2)(E), substituted “January 1, 2011” for “January 1, 2009”.
Subsec. (d)(7). Pub. L. 110–343, § 101(c), struck out “combustion” before “facilities” in heading and substituted “facility (other than a facility described in paragraph (6)) which uses” for “facility which burns”.
Pub. L. 110–343, § 101(a)(2)(F), substituted “January 1, 2011” for “January 1, 2009”.
Subsec. (d)(8). Pub. L. 110–343, § 108(c), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “In the case of a facility that produces refined coal, the term ‘refined coal production facility’ means a facility which is placed in service after the date of the enactment of this paragraph and before January 1, 2010.”
Subsec. (d)(9)(A), (B). Pub. L. 110–343, § 101(a)(2)(G), substituted “January 1, 2011” for “January 1, 2009”.
Subsec. (d)(11). Pub. L. 110–343, § 102(c), added par. (11).
Subsec. (e)(8)(D). Pub. L. 110–343, § 108(b)(1), added subpar. (D).
Subsec. (e)(9)(B). Pub. L. 110–343, § 108(d)(1), designated existing provisions as cl. (i), inserted heading, and added cl. (ii).
2007—Subsec. (c)(3)(A)(ii). Pub. L. 110–172, § 7(b)(1), struck out “which is segregated from other waste materials and” after “lignin material”.
Subsec. (d)(2)(B)(i) to (iii). Pub. L. 110–172, § 7(b)(2), inserted “and” at the end of cl. (i), redesignated cl. (iii) as (ii), and struck out former cl. (ii) which read as follows: “the amount of the credit determined under subsection (a) with respect to the facility shall be an amount equal to the amount determined without regard to this clause multiplied by the ratio of the thermal content of the closed-loop biomass used in such facility to the thermal content of all fuels used in such facility, and”.
Subsec. (e)(7)(A)(i). Pub. L. 110–172, § 9(a), substituted “originally placed in service” for “placed in service by the taxpayer”.
2005—Subsec. (b)(4)(A). Pub. L. 109–58, § 1301(c)(2), substituted “(7), or (9)” for “or (7)”.
Subsec. (b)(4)(B)(i). Pub. L. 109–58, § 1301(b)(1), inserted “or clause (iii)” after “clause (ii)”.
Subsec. (b)(4)(B)(ii). Pub. L. 109–58, § 1301(f)(1), substituted “January 1, 2005,” for “the date of the enactment of this Act”.
Subsec. (b)(4)(B)(iii). Pub. L. 109–58, § 1301(b)(2), added cl. (iii).
Subsec. (c). Pub. L. 109–58, § 1301(d)(4), substituted “Resources” for “Qualified energy resources and refined coal” in heading.
Subsec. (c)(1)(H). Pub. L. 109–58, § 1301(c)(1), added subpar. (H).
Subsec. (c)(3)(A)(ii). Pub. L. 109–135, § 402(b), substituted “lignin material” for “nonhazardous lignin waste material”.
Pub. L. 109–58, § 1301(f)(2), inserted “or any nonhazardous lignin waste material” after “cellulosic waste material”.
Subsec. (c)(7)(A)(i). Pub. L. 109–135, § 403(t), struck out “synthetic” after “solid”.
Subsec. (c)(8). Pub. L. 109–58, § 1301(c)(3), added par. (8).
Subsec. (c)(9). Pub. L. 109–58, § 1301(d)(2), added par. (9).
Subsec. (d)(1) to (3). Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006” wherever appearing.
Subsec. (d)(4). Pub. L. 109–58, § 1301(a)(2), substituted “January 1, 2008 (January 1, 2006, in the case of a facility using solar energy)” for “January 1, 2006”.
Subsec. (d)(5), (6). Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006”.
Subsec. (d)(7). Pub. L. 109–58, § 1301(e), inserted at end “Such term shall include a new unit placed in service in connection with a facility placed in service on or before the date of the enactment of this paragraph, but only to the extent of the increased amount of electricity produced at the facility by reason of such new unit.”
Pub. L. 109–58, § 1301(a)(1), substituted “January 1, 2008” for “January 1, 2006”.
Subsec. (d)(8). Pub. L. 109–135, § 412(j)(1), substituted “In the case of a facility that produces refined coal, the term” for “The term”.
Subsec. (d)(9). Pub. L. 109–58, § 1301(c)(4), added par. (9).
Subsec. (d)(10). Pub. L. 109–135, § 412(j)(2), substituted “In the case of a facility that produces Indian coal, the term” for “The term”.
Pub. L. 109–58, § 1301(d)(3), added par. (10).
Subsec. (e)(6). Pub. L. 109–58, § 1301(f)(3), struck out heading and text of par. (6). Text read as follows: “In the case of a facility using poultry waste to produce electricity and owned by a governmental unit, the person eligible for the credit under subsection (a) is the lessee or the operator of such facility.”
Subsec. (e)(8)(C). Pub. L. 109–58, § 1301(f)(4)(B), struck out “and (9)” after “paragraphs (1) through (5)”.
Subsec. (e)(9). Pub. L. 109–58, § 1322(a)(3)(C)(i), substituted “section 45K” for “section 29” wherever appearing.
Pub. L. 109–58, § 1301(f)(4)(A), reenacted heading without change and amended text of par. (9) generally. Prior to amendment, text read as follows: “The term ‘qualified facility’ shall not include any facility the production from which is allowed as a credit under section 29 for the taxable year or any prior taxable year.”
Subsec. (e)(9)(B). Pub. L. 109–58, § 1322(a)(3)(C)(ii), inserted “(or under section 29, as in effect on the day before the date of enactment of the Energy Tax Incentives Act of 2005, for any prior taxable year)” before period at end.
Subsec. (e)(10). Pub. L. 109–58, § 1301(d)(1), added par. (10).
Subsec. (e)(11). Pub. L. 109–58, § 1302(a), added par. (11).
2004—Pub. L. 108–357, § 710(b)(3)(B), inserted “, etc” after “resources” in section catchline.
Subsec. (b)(2). Pub. L. 108–357, § 710(b)(3)(C), substituted “The 1.5 cent amount in subsection (a), the 8 cent amount in paragraph (1), the $4.375 amount in subsection (e)(8)(A), and in subsection (e)(8)(B)(i) the reference price of fuel used as a feedstock (within the meaning of subsection (c)(7)(A)) in 2002” for “The 1.5 cent amount in subsection (a) and the 8 cent amount in paragraph (1)”.
Subsec. (b)(3). Pub. L. 108–357, § 710(f), inserted “the lesser of ½ or” before “a fraction” in introductory provisions and “This paragraph shall not apply with respect to any facility described in subsection (d)(2)(A)(ii)” in concluding provisions.
Subsec. (b)(4). Pub. L. 108–357, § 710(c), added par. (4).
Subsec. (c). Pub. L. 108–357, § 710(a), amended heading and text of subsec. (c) generally. Prior to amendment, subsec. (c) defined “qualified energy resources”, “closed-loop biomass”, “qualified facility”, and “poultry waste” for purposes of this section.
Subsec. (d). Pub. L. 108–357, § 710(b)(1), added subsec. (d). Former subsec. (d) redesignated (e).
Subsec. (e). Pub. L. 108–357, § 710(b)(1), redesignated subsec. (d) as (e).
Subsec. (e)(7)(A)(i). Pub. L. 108–357, § 710(b)(3)(A), substituted “subsection (d)(1)” for “subsection (c)(3)(A)”.
Subsec. (e)(8). Pub. L. 108–357, § 710(b)(2), added par. (8).
Subsec. (e)(9). Pub. L. 108–357, § 710(d), added par. (9).
1999—Subsec. (c)(1)(C). Pub. L. 106–170, § 507(b)(1), added subpar. (C).
Subsec. (c)(3). Pub. L. 106–170, § 507(a), reenacted heading without change and amended text generally. Prior to amendment, text read as follows: “The term ‘qualified facility’ means any facility owned by the taxpayer which is originally placed in service after December 31, 1993 (December 31, 1992, in the case of a facility using closed-loop biomass to produce electricity), and before July 1, 1999.”
Subsec. (c)(4). Pub. L. 106–170, § 507(b)(2), added par. (4).
Subsec. (d)(6), (7). Pub. L. 106–170, § 507(c), added pars. (6) and (7).
Pub. L. 115–123, div. D, title I, § 40408(b), Feb. 9, 2018, 132 Stat. 149, provided that:
“The amendment made by this section [amending this section] shall apply to coal produced after December 31, 2016.”
Pub. L. 115–123, div. D, title I, § 40409(c), Feb. 9, 2018, 132 Stat. 150, provided that:
“The amendments made by this section [amending this section and section 48 of this title] shall take effect on January 1, 2017.”
Pub. L. 114–113, div. P, title III, § 301(b), Dec. 18, 2015, 129 Stat. 3038, provided that:
“The amendments made by this section [amending this section] shall take effect on January 1, 2015.”
Pub. L. 114–113, div. Q, title I, § 186(e)(1), (2), Dec. 18, 2015, 129 Stat. 3074, provided that:
“(1)Extension.—
The amendments made by subsection (a) [amending this section] shall apply to coal produced after December 31, 2014.
“(2)Modifications.—
The amendments made by subsections (b) and (c) [amending this section] shall apply to coal produced and sold after December 31, 2015, in taxable years ending after such date.”
Amendment by section 186(d)(2) of Pub. L. 114–113 applicable to credits determined for taxable years beginning after Dec. 31, 2015, see section 186(e)(3) of Pub. L. 114–113, set out as a note under section 38 of this title.
Pub. L. 114–113, div. Q, title I, § 187(c), Dec. 18, 2015, 129 Stat. 3074, provided that:
“The amendments made by this section [amending this section and section 48 of this title] shall take effect on January 1, 2015.”
Pub. L. 113–295, div. A, title I, § 154(b), Dec. 19, 2014, 128 Stat. 4021, provided that:
“The amendment made by this section [amending this section] shall apply to coal produced after December 31, 2013.”
Pub. L. 113–295, div. A, title I, § 155(c), Dec. 19, 2014, 128 Stat. 4021, provided that:
“The amendments made by this section [amending this section and section 48 of this title] shall take effect on January 1, 2014.”
Pub. L. 113–295, div. A, title II, § 210(h), Dec. 19, 2014, 128 Stat. 4032, provided that:
“The amendments made by this section [amending this section and sections 45K, 168, 907, 1012, and 6045 of this title and provisions set out as a note under section 9501 of this title] shall take effect as if included in the provisions of the Energy Improvement and Extension Act of 2008 [Pub. L. 110–343, div. B] to which they relate.”
Pub. L. 112–240, title IV, § 406(b), Jan. 2, 2013, 126 Stat. 2340, provided that:
“The amendment made by this section [amending this section] shall apply to coal produced after December 31, 2012.”
Pub. L. 112–240, title IV, § 407(d), Jan. 2, 2013, 126 Stat. 2342, provided that:
Except as provided in paragraphs (2) and (3), the amendments made by this section [amending this section, section 48 of this title, and provisions set out as a note under section 48 of this title] shall take effect on the date of the enactment of this Act [Jan. 2, 2013].
“(2)Modification to definition of municipal solid waste.—
The amendments made by subsection (a)(2) [amending this section] shall apply to electricity produced and sold after the date of the enactment of this Act, in taxable years ending after such date.
“(3)Technical corrections.—
The amendments made by subsection (c) [amending section 48 of this title and provisions set out as a note under section 48 of this title] shall apply as if included in the enactment of the provisions of the American Recovery and Reinvestment Act of 2009 [Pub. L. 111–5] to which they relate.”
Pub. L. 111–312, title VII, § 702(b), Dec. 17, 2010, 124 Stat. 3311, provided that:
“The amendment made by this section [amending this section] shall apply to facilities placed in service after December 31, 2009.”
Pub. L. 111–5, div. B, title I, § 1101(c), Feb. 17, 2009, 123 Stat. 319, provided that:
The amendments made by subsection (a) [amending this section] shall apply to property placed in service after the date of the enactment of this Act [Feb. 17, 2009].
“(2)Technical amendment.—
The amendment made by subsection (b) [amending this section] shall take effect as if included in section 102 of the Energy Improvement and Extension Act of 2008 [Pub. L. 110–343].”
Pub. L. 110–343, div. B, title I, § 101(f), Oct. 3, 2008, 122 Stat. 3810, provided that:
Except as otherwise provided in this subsection, the amendments made by this section [amending this section] shall apply to property originally placed in service after December 31, 2008.
“(2)Refined coal.—
The amendments made by subsection (b) [amending this section] shall apply to coal produced and sold from facilities placed in service after December 31, 2008.
“(3)Trash facility clarification.—
The amendments made by subsection (c) [amending this section] shall apply to electricity produced and sold after the date of the enactment of this Act [Oct. 3, 2008].
“(4)Expansion of biomass facilities.—
The amendments made by subsection (d) [amending this section] shall apply to property placed in service after the date of the enactment of this Act.”
Pub. L. 110–343, div. B, title I, § 102(f), Oct. 3, 2008, 122 Stat. 3811, provided that:
“The amendments made by this section [amending this section] shall apply to electricity produced and sold after the date of the enactment of this Act [Oct. 3, 2008], in taxable years ending after such date.”
Amendment by section 106(c)(3)(B) of Pub. L. 110–343 applicable to taxable years beginning after Dec. 31, 2007, see section 106(f)(1) of Pub. L. 110–343, set out as an Effective and Termination Dates of 2008 Amendment note under section 23 of this title.
Pub. L. 110–343, div. B, title I, § 108(e), Oct. 3, 2008, 122 Stat. 3821, provided that:
“The amendments made by this section [amending this section and section 45K of this title] shall apply to fuel produced and sold after September 30, 2008.”
Pub. L. 110–172, § 9(c), Dec. 29, 2007, 121 Stat. 2484, provided that:
“The amendments made by this section [amending this section and section 856 of this title] shall take effect as if included in the provisions of the Tax Relief Extension Act of 1999 [Pub. L. 106–170] to which they relate.”
Pub. L. 109–58, title XIII, § 1301(g), Aug. 8, 2005, 119 Stat. 990, as amended by Pub. L. 110–172, § 11(a)(45), Dec. 29, 2007, 121 Stat. 2488, provided that:
Except as provided in paragraph (2), the amendments made by this section [amending this section and section 168 of this title and amending provisions set out as a note under this section] shall take effect on the date of the enactment of this Act [Aug. 8, 2005].
“(2)Technical amendments.—
The amendments made by subsections (e) and (f) [amending this section and section 168 of this title and amending provisions set out as a note under this section] shall take effect as if included in the amendments made by section 710 of the American Jobs Creation Act of 2004 [Pub. L. 108–357].”
Pub. L. 109–58, title XIII, § 1302(c), Aug. 8, 2005, 119 Stat. 991, provided that:
“The amendments made by this section [amending this section and section 55 of this title] shall apply to taxable years of cooperative organizations ending after the date of the enactment of this Act [Aug. 8, 2005].”
Pub. L. 108–357, title VII, § 710(g), Oct. 22, 2004, 118 Stat. 1557, as amended by Pub. L. 109–58, title XIII, § 1301(f)(6), Aug. 8, 2005, 119 Stat. 990, provided that:
Except as otherwise provided in this subsection, the amendments made by this section [amending this section and section 48 of this title] shall apply to electricity produced and sold after the date of the enactment of this Act [Oct. 22, 2004], in taxable years ending after such date.
“(2)Certain biomass facilities.—
With respect to any facility described in section 45(d)(3)(A)(ii) of the Internal Revenue Code of 1986, as added by subsection (b)(1), which is placed in service before the date of the enactment of this Act, the amendments made by this section shall apply to electricity produced and sold after December 31, 2004, in taxable years ending after such date.
“(3)Credit rate and period for new facilities.—
The amendments made by subsection (c) [amending this section] shall apply to electricity produced and sold after December 31, 2004, in taxable years ending after such date.
“(4)Nonapplication of amendments to preeffective date poultry waste facilities.—
The amendments made by this section shall not apply with respect to any poultry waste facility (within the meaning of section 45(c)(3)(C), as in effect on the day before the date of the enactment of this Act) placed in service before January 1, 2005.
“(5)Refined coal production facilities.—
Section 45(e)(8) of the Internal Revenue Code of 1986, as added by this section, shall apply to refined coal produced and sold after the date of the enactment of this Act.”
Pub. L. 108–311, title III, § 313(b), Oct. 4, 2004, 118 Stat. 1181, provided that:
“The amendments made by subsection (a) [amending this section] shall apply to facilities placed in service after December 31, 2003.”
Pub. L. 107–147, title VI, § 603(b), Mar. 9, 2002, 116 Stat. 59, provided that:
“The amendments made by subsection (a) [amending this section] shall apply to facilities placed in service after December 31, 2001.”
Pub. L. 106–170, title V, § 507(d), Dec. 17, 1999, 113 Stat. 1923, provided that:
“The amendments made by this section [amending this section] shall take effect on the date of the enactment of this Act [Dec. 17, 1999].”
2017—Internal Revenue Notice 2017–33.
2016—Internal Revenue Notice 2016–34.
2015—Internal Revenue Notice 2015–32.
2014—Internal Revenue Notice 2014–36.
2013—Internal Revenue Notice 2013–33.
Electricity Produced from Certain Renewable Sources : 2015-09-18
Electricity Produced from Certain Renewable Sources : 2015-08-14
Electricity Produced from Certain Renewable Sources : 2015-07-10
Electricity Produced from Certain Renewable Sources : 2015-06-12
Electricity Produced from Certain Renewable Sources : 2015-05-15
Electricity Produced from Certain Renewable Sources : 2015-05-08
Electricity Produced from Certain Renewable Sources : 2015-04-17
Electricity Produced from Certain Renewable Sources : 2015-04-03
Electricity Produced from Certain Renewable Sources : 2015-03-06
Electricity Produced from Certain Renewable Sources : 2015-02-06
Electricity Produced from Certain Renewable Sources : 2015-01-16
Electricity Produced from Certain Renewable Sources : 2014-11-28
Electricity Produced from Certain Renewable Sources : 2014-10-17
Electricity Produced from Certain Renewable Sources : 2014-10-10
Electricity Produced from Certain Renewable Sources : 2014-10-03
Electricity Produced from Certain Renewable Sources : 2014-07-25
Electricity Produced from Certain Renewable Sources : 2014-06-13
Electricity Produced from Certain Renewable Sources : 2014-05-23
Electricity Produced from Certain Renewable Sources : 2014-05-09
Electricity Produced from Certain Renewable Sources : 2014-05-02
Electricity Produced from Certain Renewable Sources : 2014-02-14
Electricity Produced from Certain Renewable Sources : 2013-11-08
Electricity Produced from Certain Renewable Sources : 2013-11-01
Electricity Produced from Certain Renewable Sources : 2013-08-23
Electricity Produced from Certain Renewable Sources : 2013-07-26
Electricity Produced from Certain Renewable Sources : 2013-07-19
Electricity Produced from Certain Renewable Sources : 2013-06-28
Electricity Produced from Certain Renewable Sources : 2013-05-31
Electricity Produced from Certain Renewable Sources : 2013-05-17
Electricity Produced from Certain Renewable Sources : 2013-05-10
Electricity Produced from Certain Renewable Sources : 2013-03-15
Date Property Placed in Service : 2013-03-15
Electricity Produced from Certain Renewable Sources : 2013-02-22
Electricity Produced from Certain Renewable Sources : 2012-11-16
Electricity Produced from Certain Renewable Sources : 2012-10-19
Electricity Produced from Certain Renewable Sources : 2012-09-21
Electricity Produced from Certain Renewable Sources : 2012-09-14
Electricity Produced from Certain Renewable Sources : 2012-09-07
Electricity Produced from Certain Renewable Sources : 2012-08-31
Electricity Produced from Certain Renewable Sources : 2012-06-29
Electricity Produced from Certain Renewable Sources : 2012-06-15
Electricity Produced from Certain Renewable Sources : 2012-06-08
Electricity Produced from Certain Renewable Sources : 2012-05-18
Electricity Produced from Certain Renewable Sources : 2012-05-11
Electricity Produced from Certain Renewable Sources : 2012-04-20
Electricity Produced from Certain Renewable Sources : 2012-03-09
Electricity Produced from Certain Renewable Sources : 2012-02-03
Date Property Placed in Service : 2012-02-03
Electricity Produced from Certain Renewable Sources : 2011-08-05
Electricity Produced from Certain Renewable Sources : 2011-07-15
Electricity Produced from Certain Renewable Sources : 2011-06-10
Electricity Produced from Certain Renewable Sources : 2011-02-04
Electricity Produced from Certain Renewable Sources : 2009-10-23
Energy Credit Reforestation Credit : 2009-10-23
Electricity Produced from Certain Renewable Sources : 2009-05-22
Electricity Produced from Certain Renewable Sources : 2008-11-07
Electricity Produced from Certain Renewable Sources : 2008-09-12
Electricity Produced from Certain Renewable Sources : 2006-05-19
Electricity Produced from Certain Renewable Sources : 2006-03-03
In General : 2005-05-06
Definitions : 2004-10-01
Special Rules : 2004-10-01
In General : 2004-09-24
Limitations and Adjustments : 2003-09-05
In General : 2003-05-02
Limitations and Adjustments : 2003-03-14
In General : 2002-02-08
In General : 2002-01-11
Gross Income v. Not Gross Income : 2001-12-21
In General : 2001-12-21
Form v. Substance : 2001-12-21
In General : 2001-10-19