Page 200

139 STAT. 270 PUBLIC LAW 119–21—JULY 4, 2025 (3) PENALTY FOR SUBSTANTIAL MISSTATEMENTS ON CERTIFI- CATION PROVIDED BY SUPPLIER.—The amendments made by sub- section (k) shall apply to certifications provided after December 31, 2025. (4) TERMINATION FOR WIND AND SOLAR FACILITIES.—The amendments made by subsection (a) shall apply to facilities the construction of which begins after the date which is 12 months after the date of enactment of this Act. SEC. 70513. TERMINATION AND RESTRICTIONS ON CLEAN ELEC- TRICITY INVESTMENT CREDIT. (a) TERMINATION FOR WIND AND SOLAR FACILITIES.—Section 48E(e) is amended— (1) in paragraph (1), by striking ‘‘The amount of’’ and inserting ‘‘Subject to paragraph (4), the amount of’’, and (2) by adding at the end the following new paragraph: ‘‘(4) TERMINATION FOR WIND AND SOLAR FACILITIES.— ‘‘(A) IN GENERAL.—This section shall not apply to any qualified property placed in service by the taxpayer after December 31, 2027, which is part of an applicable facility. ‘‘(B) APPLICABLE FACILITY.—For purposes of this para- graph, the term ‘applicable facility’ means a qualified facility which— ‘‘(i) uses wind to produce electricity (within the meaning of such term as used in section 45(d)(1), as determined without regard to any requirement under such section with respect to the date on which construc- tion of property begins), or ‘‘(ii) uses solar energy to produce electricity (within the meaning of such term as used in section 45(d)(4), as determined without regard to any requirement under such section with respect to the date on which construction of property begins). ‘‘(C) EXCEPTION.—This paragraph shall not apply with respect to any energy storage technology which is placed in service at any applicable facility.’’. (b) RESTRICTIONS RELATING TO PROHIBITED FOREIGN ENTI- TIES.— (1) IN GENERAL.—Section 48E is amended— (A) in subsection (b)— (i) by redesignating paragraph (6) as paragraph (7), and (ii) by inserting after paragraph (5) the following new paragraph: ‘‘(6) MATERIAL ASSISTANCE FROM PROHIBITED FOREIGN ENTI- TIES.—The terms ‘qualified facility’ and ‘qualified interconnec- tion property’ shall not include any facility or property the construction, reconstruction, or erection of which begins after December 31, 2025, if the construction, reconstruction, or erec- tion of such facility or property includes any material assistance from a prohibited foreign entity (as defined in section 7701(a)(52)).’’, and (B) in subsection (c), by adding at the end the following new paragraph: ‘‘(3) MATERIAL ASSISTANCE FROM PROHIBITED FOREIGN ENTI- TIES.—The term ‘energy storage technology’ shall not include any property the construction of which begins after December Definition.