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136 STAT. 2003 PUBLIC LAW 117–169—AUG. 16, 2022 (5) Section 4101(a)(1), as amended by the preceding provi- sions of this Act, is amended by inserting ‘‘every person pro- ducing a fuel eligible for the clean fuel production credit (pursu- ant to section 45Z),’’ after ‘‘section 6426(k)(3)),’’. (c) EFFECTIVE DATE.—The amendments made by this section shall apply to transportation fuel produced after December 31, 2024. PART 8—CREDIT MONETIZATION AND APPROPRIATIONS SEC. 13801. ELECTIVE PAYMENT FOR ENERGY PROPERTY AND ELEC- TRICITY PRODUCED FROM CERTAIN RENEWABLE RESOURCES, ETC. (a) IN GENERAL.—Subchapter B of chapter 65 is amended by inserting after section 6416 the following new section: ‘‘SEC. 6417. ELECTIVE PAYMENT OF APPLICABLE CREDITS. ‘‘(a) IN GENERAL.—In the case of an applicable entity making an election (at such time and in such manner as the Secretary may provide) under this section with respect to any applicable credit determined with respect to such entity, such entity shall be treated as making a payment against the tax imposed by subtitle A (for the taxable year with respect to which such credit was determined) equal to the amount of such credit. ‘‘(b) APPLICABLE CREDIT.—The term ‘applicable credit’ means each of the following: ‘‘(1) So much of the credit for alternative fuel vehicle refueling property allowed under section 30C which, pursuant to subsection (d)(1) of such section, is treated as a credit listed in section 38(b). ‘‘(2) So much of the renewable electricity production credit determined under section 45(a) as is attributable to qualified facilities which are originally placed in service after December 31, 2022. ‘‘(3) So much of the credit for carbon oxide sequestration determined under section 45Q(a) as is attributable to carbon capture equipment which is originally placed in service after December 31, 2022. ‘‘(4) The zero-emission nuclear power production credit determined under section 45U(a). ‘‘(5) So much of the credit for production of clean hydrogen determined under section 45V(a) as is attributable to qualified clean hydrogen production facilities which are originally placed in service after December 31, 2012. ‘‘(6) In the case of a tax-exempt entity described in clause (i), (ii), or (iv) of section 168(h)(2)(A), the credit for qualified commercial vehicles determined under section 45W by reason of subsection (d)(3) thereof. ‘‘(7) The credit for advanced manufacturing production under section 45X(a). ‘‘(8) The clean electricity production credit determined under section 45Y(a). ‘‘(9) The clean fuel production credit determined under section 45Z(a). ‘‘(10) The energy credit determined under section 48. Definition. 26 USC 6417. 26 USC 45Z note. 26 USC 4101. VerDate Sep 11 2014 15:35 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00187 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw