Title 26 — Internal Revenue Code
Part III · Chapter 61 — Information and Returns
§ 6050D. Returns relating to energy grants and financing
Statutory text
In general
Every person who administers a Federal, State, or local program a principal purpose of which is to provide subsidized financing or grants for projects to conserve or produce energy shall, to the extent required under regulations prescribed by the Secretary, make a return setting forth the name and address of each taxpayer receiving financing or a grant under such program and the aggregate amount so received by such individual.
Definition of person
For purposes of this section, the term “person” means the officer or employee having control of the program, or the person appropriately designated for purposes of this section.
Legislative history
Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.
Pub. L. 96–223 title II § 203(b)(1) · 94 Stat. 229
Enacted · 26 U.S.C. § 6050D
(Added Pub. L. 96–223, title II, § 203(b)(1), Apr. 2, 1980, 94 Stat. 259.)
Source evidence
Code source credit
(Added Pub. L. 96–223, title II, § 203(b)(1), Apr. 2, 1980, 94 Stat. 259.)Enacted provision · exact public law section
(1) In general.— Subpart B of part III of subchapter A of chapter 61 (relating to information returns) is amended by adding at the end thereof the following new section: “SEC. 6050D. RETURNS RELATING TO ENERGY GRANTS AND FINANCING. “(a) In General.— Every person who administers a Federal, State, or local program a principal purpose of which is to provide subsidized financing or grants for projects to conserve or produce energy shall, to the extent required under regulations prescribed by the Secretary, make a return setting forth the name and address of each taxpayer receiving financing or a grant under such program and the aggregate amount so received by such individual. “(b) Definition of Person.— For purposes of this section, the term ‘person’ means the officer or employee having control of the program, or the person appropriately designated for purposes of this section.”
1 of 1 references resolved to an enrolled provision
Statutory Notes and Related Subsidiaries
Effective Date
Pub. L. 96–223, title II, § 203(c), , 94 Stat. 259, provided that: “The amendments made by this section [amending this section and section 23 of this title] shall apply to taxable years beginning after , but only with respect to financing or grants made after such date.”
Credits
(Added Pub. L. 96–223, title II, § 203(b)(1), , 94 Stat. 259.)