Versions of s. 127.491(18)

In the taxation year of a taxpayer in which the compliance period of the taxpayer’s specified natural gas energy system ends, if the average actual emission intensity of the electrical energy produced is greater than 68.5 tonnes of carbon dioxide per gigawatt hour of electrical energy, the taxpayer is liable to pay an amount for the year, on or before its balance-due day for the year, determined by the formula A − B where A is the total amount of clean electricity investment tax credits received in respect of qualified natural gas energy equipment that was part of the system; and B is the total of all amounts each of which can reasonably be considered to be the portion of any amount previously paid by the taxpayer in respect of the equipment described in A because of subsection (17).