For inflation adjustment of certain items in this section, see Internal Revenue Notices listed in a table below.

2005—Subsec. (a)(2). Pub. L. 109–135 substituted “qualified crude oil production” for “qualified credit oil production”.

Subsec. (b)(2)(C)(i). Pub. L. 109–58, § 1322(a)(3)(B), substituted “section 45K(d)(2)(C)” for “section 29(d)(2)(C)”.

Subsec. (c)(2)(A). Pub. L. 109–58, § 1322(a)(3)(D)(i), substituted “section 45K(d)(5))” for “section 29(d)(5))”.

Subsec. (d)(3). Pub. L. 109–58, § 1322(a)(3)(D)(ii), substituted “section 45K” for “section 29” in two places.

Amendment by Pub. L. 109–58 applicable to credits determined under the Internal Revenue Code of 1986 for taxable years ending after Dec. 31, 2005, see section 1322(c)(1) of Pub. L. 109–58, set out as a note under section 45K of this title.

Section applicable to production in taxable years beginning after Dec. 31, 2004, see section 341(e) of Pub. L. 108–357, set out as an Effective Date of 2004 Amendment note under section 38 of this title.

Provisions relating to inflation adjustment of items in this section for certain years were contained in the following:

2023—Internal Revenue Notice 2023–58.

2022—Internal Revenue Notice 2023–41.

2021—Internal Revenue Notice 2022–18.

2020—Internal Revenue Notice 2021–34.

2019—Internal Revenue Notice 2020–21.

2018—Internal Revenue Notice 2019–37.

2017—Internal Revenue Notice 2018–52.

2016—Internal Revenue Notice 2017–51.