Section 1 Short title
This Act may be cited as the “Incentivizing Solar Deployment Act of 2021”.
Incentivizing Solar Deployment Act of 2021
A BILL
To amend the Internal Revenue Code of 1986 to extend the production tax credit for electricity produced from solar energy.
Sec. 2 Extension of credit for electricity produced from solar energy
In general— Section 45(d)(4)(A) of the Internal Revenue Code of 1986 is amended by striking “is placed in service before January 1, 2006” and inserting “the construction of which begins before January 1, 2027”.
Technical amendment— Section 45(d)(4) of such Code is amended by striking “and which—” and inserting “and—”.
Effective date— The amendments made by this section shall apply to facilities the construction of which begins after December 31, 2021.