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Tax Credits - Is There a Slowdown in Construction?
The three types of tax credits that will still qualify for direct pay are carbon capture credits, these manufacturer credits, i mention advance manufacturing credits, and also the new hydrogen credit. The ability for private parties to get cash payments for those three type of tax credits only lasts for five years once they start. So instead, everyone else was offered the ability to sell tax credits from those products to other corporations for cash. All f these o cash options, transferring tax credits, getting a cash payment from the arrest, apply only to tax credits next year. And for the direct pay projects placed in service in 20 23 or later, apply only after the rest of the period covered by this bill.