House File 2468 S-5182 Amend House File 2468, as amended, passed, and 1 reprinted by the House, as follows: 2 1. Page 4, after line 26 by inserting: 3 < Sec. ___. Section 476C.1, subsection 6, paragraph 4 d, Code 2016, is amended to read as follows: 5 d. Was initially placed into service on or after 6 July 1, 2005, and before January 1, 2017 2018 . > 7 2. Page 5, after line 28 by inserting: 8 < Sec. ___. Section 476C.5, Code 2016, is amended to 9 read as follows: 10 476C.5 Certificate issuance period. 11 A producer or purchaser of renewable energy shall 12 receive renewable energy tax credit certificates for 13 a ten-year period for each eligible renewable energy 14 facility under this chapter . The ten-year period for 15 issuance of the tax credit certificates begins with the 16 date the purchaser of renewable energy first purchases 17 electricity, hydrogen fuel, methane gas or other biogas 18 used to generate electricity, or heat for commercial 19 purposes from the eligible renewable energy facility 20 for which a tax credit is issued under this chapter , 21 or the date the producer of the renewable energy first 22 uses the energy produced by the eligible renewable 23 energy facility for on-site consumption. Renewable 24 energy tax credit certificates shall not be issued for 25 renewable energy purchased or produced for on-site 26 consumption after December 31, 2026 2027 . > 27 3. Page 6, after line 30 by inserting: 28 < ___. The section of this Act amending section 29 476C.1. > 30 4. Page 6, after line 31 by inserting: 31 < ___. The section of this Act amending section 32 476C.5. > 33 5. Page 7, after line 12 by inserting: 34 < Sec. ___. RETROACTIVE APPLICABILITY. The 35 -1- HF2468.3924 (1) 86 mm/sc 1/ 2 #1. #2. #3. #4. #5.

following provision or provisions of this Act apply 1 retroactively to January 1, 2016, for tax years 2 beginning on or after that date: 3 1. The section of this Act amending section 476C.1. 4 2. The section of this Act amending section 5 476C.5. > 6 6. By renumbering as necessary. 7 ______________________________ JOE BOLKCOM -2- HF2468.3924 (1) 86 mm/sc 2/ 2 #6.