Sec. 13302. Residential clean energy credit
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Section 25D(h) is amended by striking December 31, 2023 and inserting December 31, 2034 . Section 25D(g) is amended— in paragraph (2), by striking before January 1, 2023, 26 percent, and and inserting before January 1, 2022, 26 percent, , and by striking paragraph
(3)and by inserting after paragraph
(2)the following new paragraphs: in the case of property placed in service after December 31, 2021, and before January 1, 2033, 30 percent, in the case of property placed in service after December 31, 2032, and before January 1, 2034, 26 percent, and in the case of property placed in service after December 31, 2033, and before January 1, 2035, 22 percent. . Paragraph
(6)of section 25D(a) is amended to read as follows: the qualified battery storage technology expenditures, . Paragraph
(6)of section 25D(d) is amended to read as follows: The term qualified battery storage technology expenditure means an expenditure for battery storage technology which— is installed in connection with a dwelling unit located in the United States and used as a residence by the taxpayer, and has a capacity of not less than 3 kilowatt hours. . Section 25D(d)(3) is amended by inserting , without regard to subparagraph
(D)thereof after section 48(c)(1) . The heading for section 25D is amended by striking and inserting energy efficient property . clean energy credit The table of sections for subpart A of part IV of subchapter A of chapter 1 is amended by striking the item relating to section 25D and inserting the following: Sec. 25D. Residential clean energy credit. . Except as provided in paragraph (2), the amendments made by this section shall apply to expenditures made after December 31, 2021. The amendments made by subsection
(b)shall apply to expenditures made after December 31, 2022.