SECTION 1. PURPOSE
This notice updates interim guidance, pending the issuance of regulations,
relating to the credit for nonbusiness energy property under § 25C of the Internal
Revenue Code. Specifically, this notice provides procedures that manufacturers may
follow to certify property as either eligible building envelope components or qualified
energy property, as well as guidance regarding the conditions under which taxpayers
seeking to claim the § 25C credit may rely on a manufacturer's certification.
Additionally, this notice provides guidance about changes made to the § 25C credit by
the Energy Improvement and Extension Act of 2008 (EIEA), Division B of Pub. L. No.
110-343, 122 Stat. 3765 (2008), and the American Recovery and Reinvestment Tax Act
of 2009 (ARRTA), Division B of Pub. L. No. 111-5, 123 Stat. 115 (2009). This notice
also provides transition rules for certain nonbusiness energy property acquired before
June 1, 2009, and for certain nonbusiness energy property placed in service after
December 31, 2008. The Internal Revenue Service (Service) and the Treasury
Department expect that the regulations will incorporate the rules set forth in this notice.
For More Information Contact The Atlanta, Georgia Law Offices Of AttorneyBritt:
Gary L. Britt, CPA, J.D.
1200 Abernathy Road, Suite 1700
Atlanta, Georgia 30328
“Lawyer's That Mean Business”