COST RECOVERY FOR QUALIFIED FACILITIES, QUALIFIED PROPERTY, AND ENERGY STORAGE TECHNOLOGY.

SEC. 13703. COST RECOVERY FOR QUALIFIED FACILITIES, QUALIFIED PROPERTY, AND ENERGY STORAGE TECHNOLOGY.(a) In General.—Section 168(e)(3)(B) is amended—(1) in clause (vi)(III), by striking “and” at the end, (2) in clause (vii), by striking the period at the end and inserting “, and”, and (3) by inserting after clause (vii) the following:“(viii) any qualified facility (as defined in section 45Y(b)(1)(A)), any qualified property (as defined in subsection (b)(2) of section 48E) which is a qualified investment (as defined in subsection (b)(1) of such section), or any energy storage technology (as defined in subsection (c)(2) of such section).” . (b) Effective Date.—The amendments made by this section shall apply to facilities and property placed in service after December 31, 2024.