§ 142(c)(2)

excluded from specified facility categories

UNDECIDED

0 of 2 settled

  1. 1

    § 142(c)(2)

    ALL OF
    “such property is described in any of the following subparagraphs”
    “is to be used for any private business use (as defined in section 141(b)(6))” needs Step 2 Private business use UNDECIDED
  2. 2

    § 141(b)(6)

    Private business use

    ALL OF
    “use (directly or indirectly) in a trade or business carried on by any person other than a governmental unit”
    NOT“use as a member of the general public”
    NOT“the sale of carbon dioxide produced by a qualified carbon dioxide capture facility (as defined in section 142(o)) which is owned by a governmental unit”