S-3220

   Amend the amendment, S-3215, to House File 645, as passed by the House, as follows:
   1.  Page 3, before line 44 by inserting: 
   <Sec. ___.  Section 476C.1, subsection 8, Code 2015, is amended to read as follows:
   8.  “Heat for a commercial purpose” means the heat in British thermal unit equivalents from refuse-derived fuel, methane, or other biogas produced in this state either for commercial use by a producer for on-site consumption or sold to a purchaser of renewable energy for use for a commercial purpose in this state or for use by an institution in this state.  For purposes of this chapter, “heat for a commercial purpose” includes heat captured during the generation of electricity using methane gas or other biogas produced by a biogas recovery facility when such heat is used for a commercial purpose for which fuel or electricity would otherwise be consumed.
   Sec. ___.  Section 476C.2, subsection 1, Code 2015, is amended to read as follows:
   1.  A producer or purchaser of renewable energy may receive renewable energy tax credits under this chapter in an amount equal to the sum of the following: 
   a.  one One and one-half cents per kilowatt-hour of electricity, or. 
   b.  four Four dollars and fifty cents per million British thermal units of heat for a commercial purpose, or. 
   c.  four Four dollars and fifty cents per million British thermal units of methane gas or other biogas used to generate electricity, or unless renewable energy tax credits are claimed for such electricity under paragraph “a”. 
   d.  one One dollar and forty-four cents per one thousand standard cubic feet of hydrogen fuel generated by and purchased from an eligible renewable energy facility or used for on-site consumption by the producer.>
   2.  Page 5, after line 21 by inserting: 
   <5.  The sections of this Act amending section 476C.1, subsection 8, and section 476C.2, subsection 1, apply retroactively to January 1, 2014, for tax years beginning on or after that date.>
   3.  By renumbering as necessary.

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RANDY FEENSTRA