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DOWNLOAD HERE: http://solar.gwu.edu/Research/Meister_Sunny_Dispositions_ITC_Recapture.pdf
Joel Meister, GW BA ‘07 and a third-year student in the GW Law School (currently working at the Solar Energy Industries Association), provided research on the subject of modernizing certain tax rules that affect the solar energy industry. In his paper, ”Sunny Dispositions: Modernizing Investment Tax Credit Recapture Rules for Solar Energy Project Finance After The Stimulus”, Meister examines how solar project developers will grapple with the transition from the expired Section 1603 Treasury Grant Program to the Investment Tax Credit that requires “recapture” of tax benefits if a company sells or transfers its solar system within five years of installation. Meister traces the genesis of the recapture rules and explores the negative implications of the recapture rules for the solar industry.