SECTION 3. EXTENSION OF THE

CONTINUITY SAFE HARBOR FOR SECTIONS 45 AND 48

This notice provides that for any qualified facility or energy property that began construction under the Physical Work Test or the Five Percent Safe Harbor in calendar year 2016, 2017, 2018, or 2019, the Continuity Safe Harbor is satisfied if a taxpayer places the qualified facility or energy property in service by the end of a calendar year that is no more than six calendar years after the calendar year during which construction with respect to that qualified facility or energy property began. Additionally, for any qualified facility or energy property that began construction under the Physical Work Test or

July 19, 2021 18 Bulletin No. 2021–29

fore January 1, 2022, that otherwise would be described in Notice 2020-46.

EFFECT ON OTHER DOCUMENTS