### Question
What does qualifying gasification project mean?


### Answer
**Qualifying gasification project** has the following meaning in *26 U.S.C. § 48B*:

> any project which—



(A) employs gasification technology,



(B) will be carried out by an eligible entity, and



(C) any portion of the qualified investment of which is certified under the qualifying gasification program as eligible for credit under this section in an amount (not to exceed $650,000,000) determined by the Secretary

#### Citation:
  - *26 U.S.C. § 48B*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter A-Determination of Tax Liability > PART IV-CREDITS AGAINST TAX > Subpart E-Rules for Computing Investment Credit**

