The Qualifying Energy Credit under the 2009 Recovery Act
Written by Eric E. Freedman (Seattle), Dirk Michels (Palo Alto), Scott C. Nelson (Portland), Charles H. Purcell (Seattle), Roger S. Wise (Washington, D.C.)
On February 13, 2009, the House and Senate passed, and on February 17, 2009, President Barack Obama signed, the American Recovery and Reinvestment Act of 2009 (the "2009 Recovery Act"). The 2009 Recovery Act added a new investment credit, the "qualifying energy credit," under Section 46 of the Internal Revenue Code of 1986, as amended (the "Code").
