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136 STAT. 1952 PUBLIC LAW 117–169—AUG. 16, 2022 (c) CONFORMING AMENDMENT.—Paragraph (1) of section 179D(d), as redesignated by subsection (a)(5)(A), is amended by striking ‘‘not later than the date that is 2 years before the date that construction of such property begins’’ and inserting ‘‘not later than the date that is 4 years before the date such property is placed in service’’. (d) EFFECTIVE DATE.— (1) IN GENERAL.—Except as otherwise provided in this sub- section, the amendments made by this section shall apply to taxable years beginning after December 31, 2022. (2) ALTERNATIVE DEDUCTION FOR ENERGY EFFICIENT BUILDING RETROFIT PROPERTY.—Subsection (f) of section 179D of the Internal Revenue Code of 1986 (as amended by this section), and any other provision of such section solely for purposes of applying such subsection, shall apply to property placed in service after December 31, 2022 (in taxable years ending after such date) if such property is placed in service pursuant to qualified retrofit plan (within the meaning of such section) established after such date. SEC. 13304. EXTENSION, INCREASE, AND MODIFICATIONS OF NEW ENERGY EFFICIENT HOME CREDIT. (a) EXTENSION OF CREDIT.—Section 45L(g) is amended by striking ‘‘December 31, 2021’’ and inserting ‘‘December 31, 2032’’. (b) INCREASE IN CREDIT AMOUNTS.—Paragraph (2) of section 45L(a) is amended to read as follows: ‘‘(2) APPLICABLE AMOUNT.—For purposes of paragraph (1), the applicable amount is an amount equal to— ‘‘(A) in the case of a dwelling unit which is eligible to participate in the Energy Star Residential New Construc- tion Program or the Energy Star Manufactured New Homes program— ‘‘(i) which meets the requirements of subsection (c)(1)(A) (and which does not meet the requirements of subsection (c)(1)(B)), $2,500, and ‘‘(ii) which meets the requirements of subsection (c)(1)(B), $5,000, and ‘‘(B) in the case of a dwelling unit which is part of a building eligible to participate in the Energy Star Multi- family New Construction Program— ‘‘(i) which meets the requirements of subsection (c)(1)(A) (and which does not meet the requirements of subsection (c)(1)(B)), $500, and ‘‘(ii) which meets the requirements of subsection (c)(1)(B), $1,000.’’. (c) MODIFICATION OF ENERGY SAVING REQUIREMENTS.—Section 45L(c) is amended to read as follows: ‘‘(c) ENERGY SAVING REQUIREMENTS.— ‘‘(1) IN GENERAL.— ‘‘(A) IN GENERAL.—A dwelling unit meets the require- ments of this subparagraph if such dwelling unit meets the requirements of paragraph (2) or (3) (whichever is applicable). ‘‘(B) ZERO ENERGY READY HOME PROGRAM.—A dwelling unit meets the requirements of this subparagraph if such dwelling unit is certified as a zero energy ready home Certification. Effective dates. Time periods. Requirements. Applicability. 26 USC 179D note. 26 USC 179D. Deadlines. VerDate Sep 11 2014 13:57 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00136 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw