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136 STAT. 1914 PUBLIC LAW 117–169—AUG. 16, 2022 (3) Subsection (c)(1)(D). (4) Subsection (c)(2)(D). (5) Subsection (c)(3)(A)(iv). (6) Subsection (c)(4)(C). (7) Subsection (c)(5)(D). (b) FURTHER EXTENSION FOR CERTAIN ENERGY PROPERTY.— Section 48(a)(3)(A)(vii) is amended by striking ‘‘January 1, 2024’’ and inserting ‘‘January 1, 2035’’. (c) PHASEOUT OF CREDIT.—Section 48(a) is amended by striking paragraphs (6) and (7) and inserting the following new paragraph: ‘‘(6) PHASEOUT FOR CERTAIN ENERGY PROPERTY.—In the case of any qualified fuel cell property, qualified small wind property, or energy property described in clause (i) or clause (ii) of paragraph (3)(A) the construction of which begins after December 31, 2019, and which is placed in service before January 1, 2022, the energy percentage determined under para- graph (2) shall be equal to 26 percent.’’. (d) BASE ENERGY PERCENTAGE AMOUNT; PHASEOUT OF CERTAIN ENERGY PROPERTY.— (1) BASE ENERGY PERCENTAGE AMOUNT.—Section 48(a) is amended— (A) in paragraph (2)(A)— (i) in clause (i), by striking ‘‘30 percent’’ and inserting ‘‘6 percent’’, and (ii) in clause (ii), by striking ‘‘10 percent’’ and inserting ‘‘2 percent’’, and (B) in paragraph (5)(A)(ii), by striking ‘‘30 percent’’ and inserting ‘‘6 percent’’. (2) PHASEOUT OF CERTAIN ENERGY PROPERTY.—Section 48(a), as amended by the preceding provisions of this Act, is amended by adding at the end the following new paragraph: ‘‘(7) PHASEOUT FOR CERTAIN ENERGY PROPERTY.—In the case of any energy property described in clause (vii) of para- graph (3)(A), the energy percentage determined under para- graph (2) shall be equal to— ‘‘(A) in the case of any property the construction of which begins before January 1, 2033, and which is placed in service after December 31, 2021, 6 percent, ‘‘(B) in the case of any property the construction of which begins after December 31, 2032, and before January 1, 2034, 5.2 percent, and ‘‘(C) in the case of any property the construction of which begins after December 31, 2033, and before January 1, 2035, 4.4 percent.’’. (e) 6 PERCENT CREDIT FOR GEOTHERMAL.—Section 48(a)(2)(A)(i)(II) is amended by striking ‘‘paragraph (3)(A)(i)’’ and inserting ‘‘clause (i) or (iii) of paragraph (3)(A)’’. (f) ENERGY STORAGE TECHNOLOGIES; QUALIFIED BIOGAS PROP- ERTY; MICROGRID CONTROLLERS; EXTENSION OF OTHER PROPERTY.— (1) IN GENERAL.—Section 48(a)(3)(A) is amended by striking ‘‘or’’ at the end of clause (vii), and by adding at the end the following new clauses: ‘‘(ix) energy storage technology, ‘‘(x) qualified biogas property, or ‘‘(xi) microgrid controllers,’’. Effective dates. Time periods. Effective dates. 26 USC 48. VerDate Sep 11 2014 13:57 Oct 25, 2022 Jkt 029139 PO 00169 Frm 00098 Fmt 6580 Sfmt 6581 E:\PUBLAW\PUBL169.117 PUBL169 jmbennett on LAP3P8D0R2PROD with Publaw