(1) Termination
Section 179D of the Internal Revenue Code of 1986 is amended by striking subsection (i).
(2) Effective date
The amendment made by this subsection shall take effect as if included in section 70507 of Public Law 119–21.
(1) Termination
Section 45L(h) of such Code is amended by striking June 30, 2026 and inserting December 31, 2032.
(2) Effective date
The amendment made by this subsection shall take effect as if included in section 70508 of Public Law 119–21.
(1) Facility construction date
Section 45V(c)(3)(C) of such Code is amended by striking January 1, 2028 and inserting January 1, 2033.
(2) Effective date
The amendment made by this subsection shall take effect as if included in section 70511 of Public Law 119–21.
(1) Termination
Section 45Y(d) of such Code is amended—
(A) in paragraph (1), by striking Subject to paragraph (4), the amount of and inserting The amount of, and
(B) by striking paragraph (4).
(2) Phase-out
Section 45Y(d)(3) of such Code is amended by striking calendar year 2032. and inserting the later of—.
(A) the calendar year in which the Secretary determines that the annual greenhouse gas emissions from the production of electricity in the United States are equal to or less than 25 percent of the annual greenhouse gas emissions from the production of electricity in the United States for calendar year 2022, or
(B) 2032.
(3) Effective date
The amendments made by this subsection shall take effect as if included in section 70512(a) of Public Law 119–21.
(1) Termination
Section 48E(e) of such Code is amended—
(A) in paragraph (1), by striking Subject to paragraph (4), the amount of and inserting The amount of, and
(B) by striking paragraph (4).
(2) Effective date
The amendments made by this subsection shall take effect as if included in section 70513(a) of Public Law 119–21.