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Internal Revenue Code of 1986

The main body of federal tax laws in the United States, which governs how taxes are collected and how tax credits or deductions are applied.

Energy credit

A type of tax credit given for installing or investing in certain renewable or efficient energy property, which directly reduces the amount of federal income tax a person or business owes.

Qualified fuel cell property

Equipment that generates electricity through an electrochemical process using fuel cells, as defined by tax law, and meets specific efficiency and power requirements to be eligible for tax incentives.

Effective date

The specific date on which a new law, a change to an existing law, or a particular provision officially takes effect and becomes legally binding.

Amend

To make changes, additions, or corrections to a law, document, or written text.