[Congressional Record Volume 168, Number 157 (Wednesday, September 28, 2022)]
[Senate]
[Page S5171]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
INFLATION REDUCTION ACT OF 2022
Ms. CORTEZ MASTO. Mr. President, I rise today to clarify a colloquy
between myself and Chairman Wyden placed in the Congressional Record on
August 6, 2022. The statement in the Record references geothermal
energy as applicable to the new ``section 48D'' of the Tax Code added
by section 13702 of the Inflation Reduction Act. The statement should
have referenced that section as ``section 48E.'' As explained in that
colloquy, geothermal will qualify for the production and investment tax
credits included in sections 13701 and 13702 of the Inflation Reduction
Act.
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