Termination of clean electricity investment credit with respect to certain technologies

(a) In general Section 48E(e) of the Internal Revenue Code of 1986 is amended by adding at the end the following new paragraphs: (4) Special rule for wind and solar energy The term qualified facility shall not include any facility used for the generation of electricity using wind or solar energy the construction of which begins after December 31, 2030. (5) Beginning of construction definition For purposes of determining when construction begins for purposes of this section, principles similar to those under Notice 2013–29, 2013–20 I.R.B. 1085, and any subsequent guidance clarifying, modifying, or updating such notice, as in effect on January 1, 2025, including the Physical Work Test, Five Percent Safe Harbor, Continuity Requirement, and Continuity Safe Harbor, shall apply.. (b) Effective date The amendment made by this section shall take effect on January 1, 2026.