Sec. 205. Extension of production tax credit for solar and on-shore wind
88 words·~1 min read·
/bill/117/hr/4153/ih/section-205·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Section 45(d)(1) of the Internal Revenue Code of 1986 is amended by striking January 1, 2022 and inserting January 1, 2031 . Section 45(d)(4)(A) of such Code is amended by striking is placed in service before January 1, 2006 and inserting the construction of which begins before January 1, 2031 . Section 45(b)(5)(D) of such Code is amended by striking January 1, 2022 and inserting January 1, 2031 . The amendments made by this section shall apply to facilities the construction of which begins after December 31, 2020.