HB310 amends Delaware Code to redefine "large energy use facility" and "qualified facility" for business tax credits and deductions.

HB310 amends Title 30 of the Delaware Code to redefine "large energy use facility" as a facility using or able to use 30 megawatts or more, primarily providing services under code 518210 of the 2022 North American Industry Classification System. It also redefines "qualified facility" as any qualified property not classified as a large energy use facility, located within Delaware, used in a new or expanded facility for qualified activities. This change affects businesses eligible for tax credits and deductions.

HB310 amends Delaware Code to redefine "large energy use facility" and "qualified facility" for business tax credits and deductions.

HB310 amends Title 30 of the Delaware Code to redefine "large energy use facility" as a facility using or able to use 30 megawatts or more, primarily providing services under code 518210 of the 2022 North American Industry Classification System. It also redefines "qualified facility" as any qualified property not classified as a large energy use facility, located within Delaware, used in a new or expanded facility for qualified activities. This change affects businesses eligible for tax credits and deductions.