qualified investment credit facility
Defined in 1 place of the United States Code.
For purposes of this paragraph, the term “qualified investment credit facility” means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2014, and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2012–201426 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term “qualified investment credit facility” means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2015, and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2014–201526 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term “qualified investment credit facility” means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2017 (January 1, 2020, in the case of any facility which is described in paragraph (1) of section 45(d)), and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2015–201826 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term “qualified investment credit facility” means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2018 (January 1, 2020, in the case of any facility which is described in paragraph (1) of section 45(d)), and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2018–201926 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term "qualified investment credit facility" means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2021, and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2019–202126 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term "qualified investment credit facility" means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2022, and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2021–202226 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term “qualified investment credit facility” means any facility—
(i) which is a qualified facility (within the meaning of section 45) described in paragraph (1), (2), (3), (4), (6), (7), (9), or (11) of section 45(d),
(ii) which is placed in service after 2008 and the construction of which begins before January 1, 2025, and
(iii) with respect to which—
(I) no credit has been allowed under section 45, and
(II) the taxpayer makes an irrevocable election to have this paragraph apply.
Source
- 2022–present26 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section
For purposes of this paragraph, the term “qualified investment credit facility” means any of the following facilities if no credit has been allowed under section 45 with respect to such facility and the taxpayer makes an irrevocable election to have this paragraph apply to such facility:
(i) Wind facilities
Any qualified facility (within the meaning of section 45) described in paragraph (1) of section 45(d) if such facility is placed in service in 2009, 2010, 2011, or 2012.
(ii) Other facilities
Any qualified facility (within the meaning of section 45) described in paragraph (2), (3), (4), (6), (7), (9), or (11) of section 45(d) if such facility is placed in service in 2009, 2010, 2011, 2012, or 2013.
Source
- 2009–201226 U.S.C. § 48Internal Revenue Code · Energy credit · for purposes of this section