Pub. L. 119-21, tit. VII, subtit. A, ch. 5, subch. A, sec. 70509

TERMINATION OF COST RECOVERY FOR ENERGY PROPERTY.

EnactedYear: 2025Length: 65 wordsOfficial source
SEC. 70509. TERMINATION OF COST RECOVERY FOR ENERGY PROPERTY.(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.139 STAT. 252(b) 26 USC 168 note.Effective Date.—The amendments made by subsection (a) shall apply to property the construction of which begins after December 31, 2024.
Pub. L. 119-21, tit. VII, subtit. A, ch. 5, subch. A, sec. 70509: TERMINATION OF COST RECOVERY FOR ENERGY PROPERTY. | Justis AI