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136 STAT. 1921 PUBLIC LAW 117–169—AUG. 16, 2022 ‘‘(A) IN GENERAL.—In the case of any energy project that is placed in service within an energy community (as defined in section 45(b)(11)(B), as applied by substituting ‘energy project’ for ‘qualified facility’ each place it appears), for purposes of applying paragraph (2) with respect to energy property which is part of such project, the energy percentage shall be increased by the applicable credit rate increase. ‘‘(B) APPLICABLE CREDIT RATE INCREASE.—For purposes of subparagraph (A), the applicable credit rate increase shall be equal to— ‘‘(i) in the case of any energy project which does not satisfy the requirements of paragraph (9)(B), 2 percentage points, and ‘‘(ii) in the case of any energy project which satis- fies the requirements of paragraph (9)(B), 10 percent- age points.’’. (p) REGULATIONS.—Section 48(a), as amended by the preceding provisions of this Act, is amended by adding at the end the following new paragraph: ‘‘(15) REGULATIONS AND GUIDANCE.—The Secretary shall issue such regulations or other guidance as the Secretary deter- mines necessary to carry out the purposes of this subsection, including regulations or other guidance which provides for requirements for recordkeeping or information reporting for purposes of administering the requirements of this subsection.’’. (q) EFFECTIVE DATES.— (1) IN GENERAL.—Except as provided in paragraphs (2) and (3), the amendments made by this section shall apply to property placed in service after December 31, 2021. (2) OTHER PROPERTY.—The amendments made by sub- sections (f), (g), (h), (i), (j), (l), (n), and (o) shall apply to property placed in service after December 31, 2022. (3) SPECIAL RULE FOR PROPERTY FINANCED BY TAX-EXEMPT BONDS.—The amendments made by subsection (m) shall apply to property the construction of which begins after the date of enactment of this Act. SEC. 13103. INCREASE IN ENERGY CREDIT FOR SOLAR AND WIND FACILITIES PLACED IN SERVICE IN CONNECTION WITH LOW-INCOME COMMUNITIES. (a) IN GENERAL.—Section 48 is amended by adding at the end the following new subsection: ‘‘(e) SPECIAL RULES FOR CERTAIN SOLAR AND WIND FACILITIES PLACED IN SERVICE IN CONNECTION WITH LOW-INCOME COMMU- NITIES.— ‘‘(1) IN GENERAL.—In the case of any qualified solar and wind facility with respect to which the Secretary makes an allocation of environmental justice solar and wind capacity limitation under paragraph (4)— ‘‘(A) the energy percentage otherwise determined under paragraph (2) or (5) of subsection (a) with respect to any eligible property which is part of such facility shall be increased by— Applicability. 26 USC 45 note. Determination. Requirements. Records. 26 USC 48. VerDate Sep 11 2014 13:57 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00105 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw