House
File
634
H-1493
Amend
House
File
634
as
follows:
1
1.
Page
1,
after
line
10
by
inserting:
2
<
Sec.
___.
Section
476C.3,
subsection
3,
Code
2011,
3
is
amended
to
read
as
follows:
4
3.
a.
A
facility
that
is
not
operational
within
5
thirty
months
after
issuance
of
an
approval
for
the
6
facility
by
the
board
shall
cease
to
be
an
eligible
7
renewable
energy
facility.
However,
a
wind
energy
8
conversion
facility
that
is
approved
as
eligible
under
9
this
section
but
is
not
operational
within
eighteen
10
months
due
to
the
unavailability
of
necessary
equipment
11
shall
be
granted
an
additional
twenty-four
months
to
12
become
operational.
13
b.
A
facility
which
notifies
the
board
prior
to
the
14
expiration
of
the
time
periods
specified
in
paragraph
15
“a”
that
the
facility
intends
to
become
operational
and
16
wishes
to
preserve
its
eligibility
shall
be
granted
a
17
twelve-month
extension.
An
extension
may
be
renewed
18
for
succeeding
twelve-month
periods
if
the
board
is
19
notified
prior
to
the
expiration
of
the
extension
of
20
the
continued
intention
to
become
operational
during
21
the
succeeding
period
of
extension.
22
c.
If
the
owner
of
a
facility
discontinues
efforts
23
to
achieve
operational
status,
the
owner
shall
notify
24
the
board
within
thirty
days
of
such
discontinuance
25
that
the
owner
no
longer
seeks
a
tax
credit
pursuant
26
to
this
chapter.
Upon
receipt
of
such
notification,
27
the
board
shall
no
longer
consider
the
facility
as
an
28
eligible
renewable
energy
facility
under
this
chapter.
29
d.
A
facility
that
is
granted
and
thereafter
30
loses
approval
may
reapply
to
the
board
for
a
new
31
determination.
>
32
2.
Page
1,
after
line
31
by
inserting:
33
<
Sec.
___.
Section
476C.4,
subsection
5,
Code
2011,
34
is
amended
to
read
as
follows:
35
5.
The
department
shall
not
issue
a
tax
credit
36
certificate
if
the
facility
approved
by
the
board
as
an
37
eligible
renewable
energy
facility
is
not
operational
38
within
eighteen
months
after
the
approval
is
issued
,
39
subject
to
the
extension
provisions
of
section
476C.3,
40
subsection
3
.
>
41
3.
By
renumbering
as
necessary.
42
______________________________
M.
SMITH
of
Marshall
-1-
HF634.2162
(1)
84
rn/nh
1/
1
#1.
#2.
#3.