Home/All Topics/OBBBA Text(a) Termination for wind and solar facilities.—Section 45Y(d) is amended— (1) in paragraph (1), by striking “The amount of” and inserting “Subject to paragraph (4), the amount of”, and (2) by striking paragraph (3) and inserting the following new paragraphs: “(3) APPLICABLE YEAR.—For purposes of this subsection, the term ‘applicable year’ means calendar…

Home/All Topics/OBBBA TextSection 45V(c)(3)(C) is amended by striking “January 1, 2033” and inserting “January 1, 2028”. ← Sec. 70510. Modifications of zero-emission nuclear power production creditOBBBA TextAll TopicsBack to top ↑Sec. 70512. Termination and restrictions on clean electricity production credit →

Home/All Topics/OBBBA Text(a) Restrictions relating to prohibited foreign entities.—Section 45U(c) is amended by adding at the end the following new paragraph: “(3) RESTRICTIONS RELATING TO PROHIBITED FOREIGN ENTITIES.— “(A) IN GENERAL.—No credit shall be determined under subsection (a) for any taxable year beginning after the date of enactment of this paragraph if the taxpayer is…

Home/All Topics/OBBBA Text(a) Energy property.—Section 168(e)(3)(B)(vi), as amended by section 13703 of Public Law 117–169, is amended— (1) by striking subclause (I), and (2) by redesignating subclauses (II) and (III) as subclauses (I) and (II), respectively. (b) Effective date.—The amendments made by subsection (a) shall apply to property the construction of which begins after December…

Home/All Topics/OBBBA TextSection 45L(h) is amended by striking “December 31, 2032” and inserting “June 30, 2026”. ← Sec. 70507. Termination of energy efficient commercial buildings deductionOBBBA TextAll TopicsBack to top ↑Sec. 70509. Termination of cost recovery for energy property →

Home/All Topics/OBBBA TextSection 179D is amended by adding at the end the following new subsection: “(i) Termination.—This section shall not apply with respect to property the construction of which begins after June 30, 2026.”. ← Sec. 70506. Termination of residential clean energy creditOBBBA TextAll TopicsBack to top ↑Sec. 70508. Termination of new energy efficient home…

Home/All Topics/OBBBA Text(a) In general.—Section 25D(h) is amended by striking “to property placed in service after December 31, 2034” and inserting “with respect to any expenditures made after December 31, 2025”. (b) Conforming amendments.—Section 25D(g) is amended— (1) in paragraph (2), by inserting “and” after the comma at the end, (2) in paragraph (3), by…

Home/All Topics/OBBBA Text(a) In general.—Section 25C(h) is amended by striking “placed in service” and all that follows through “December 31, 2032” and inserting “placed in service after December 31, 2025”. (b) Conforming amendment.—Section 25C(d)(2)(C) is amended to read as follows: “(C) Any oil furnace or hot water boiler which— “(i) meets or exceeds 2021 Energy…

Home/All Topics/OBBBA TextSection 30C(i) is amended by striking “December 31, 2032” and inserting “June 30, 2026”. ← Sec. 70503. Termination of qualified commercial clean vehicles creditOBBBA TextAll TopicsBack to top ↑Sec. 70505. Termination of energy efficient home improvement credit →

Home/All Topics/OBBBA TextSection 45W(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”. ← Sec. 70502. Termination of clean vehicle creditOBBBA TextAll TopicsBack to top ↑Sec. 70504. Termination of alternative fuel vehicle refueling property credit →

Home/All Topics/OBBBA Text(a) In general.—Section 30D(h) is amended by striking “placed in service after December 31, 2032” and inserting “acquired after September 30, 2025”. (b) Conforming amendments.—Section 30D(e) is amended— (1) in paragraph (1)(B)— (A) in clause (iii), by inserting “and” after the comma at the end, (B) in clause (iv), by striking “, and”…

Home/All Topics/OBBBA TextSection 25E(g) is amended by striking “December 31, 2032” and inserting “September 30, 2025”. ← SUBCHAPTER D—PERMANENT INVESTMENTS IN SMALL BUSINESS AND RURAL AMERICAOBBBA TextAll TopicsBack to top ↑Sec. 70502. Termination of clean vehicle credit →