ND SB2310

Expands wind energy device tax credit eligibility to include devices where construction commenced before January 1, 2015, and installation completed before January 1, 2017.

Removes "wind" from language in subsection 1 describing devices installed before January 1, 2015, since wind devices are now separately addressed with extended eligibility.

Allows passthrough entities (partnerships, S-corporations, limited partnerships, limited liability companies, and similar entities) to claim renewable energy tax credits at the entity level, then distribute credits to partners, shareholders, or members proportionally or as mutually agreed in writing.

Eliminates requirement that passthrough entity credit arrangements demonstrate substantial economic effect or economic substance.

Effective for taxable years beginning after December 31, 2014.