S-5182

   Amend House File 2468, as amended, passed, and reprinted by the House, as follows:
   1.  Page 4, after line 26 by inserting: 
   <Sec. ___.  Section 476C.1, subsection 6, paragraph d, Code 2016, is amended to read as follows:
   d.  Was initially placed into service on or after July 1, 2005, and before January 1, 2017 2018.>
   2.  Page 5, after line 28 by inserting: 
   <Sec. ___.  Section 476C.5, Code 2016, is amended to read as follows:
   476C.5  Certificate issuance period.
   A producer or purchaser of renewable energy shall receive renewable energy tax credit certificates for a ten-year period for each eligible renewable energy facility under this chapter. The ten-year period for issuance of the tax credit certificates begins with the date the purchaser of renewable energy first purchases electricity, hydrogen fuel, methane gas or other biogas used to generate electricity, or heat for commercial purposes from the eligible renewable energy facility for which a tax credit is issued under this chapter, or the date the producer of the renewable energy first uses the energy produced by the eligible renewable energy facility for on-site consumption. Renewable energy tax credit certificates shall not be issued for renewable energy purchased or produced for on-site consumption after December 31, 2026 2027.>
   3.  Page 6, after line 30 by inserting: 
   <___.  The section of this Act amending section 476C.1.>
   4.  Page 6, after line 31 by inserting: 
   <___.  The section of this Act amending section 476C.5.>
   5.  Page 7, after line 12 by inserting: 
   <Sec. ___.  RETROACTIVE APPLICABILITY.  The following provision or provisions of this Act apply retroactively to January 1, 2016, for tax years beginning on or after that date:
   1.  The section of this Act amending section 476C.1.
   2.  The section of this Act amending section 476C.5.>
   6.  By renumbering as necessary.

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JOE BOLKCOM