Page:United States Statutes at Large Volume 100 Part 3.djvu/349

 PUBLIC LAW 99-514—OCT. 22, 1986

100 STAT. 2157

(12) CERTAIN SATELLITES.—The amendments made by section 201 shall not apply to any satellite with respect to which— (A) on or before January 28, 1986, there wgis a binding contract to construct or acquire a satellite, and (i) an agreement to launch was in existence on that date, or (ii) on or before August 5, 1983, the Federal Communications Commission had authorized the construction and for which the authorized party has a specific although undesignated agreement to launch in existence on January 28, 1986; (B) by order adopted on July 25, 1985, the Federal Communications Commission granted the taxpayer an or bital slot and authorized the taxpayer to launch and operate 2 satellites with a cost of approximately $300,000,000; or (C) the International Telecommunications Satellite Organization or the International Maritime Satellite Organization entered into written binding contracts before May 1, 1985. (13) CERTAIN NONWIRE U N E CELLULAR TELEPHONE SYSTEMS.—

The amendments made by section 201 shall not apply to property that is part of a nonwire line system in the Domestic Public Cellular Radio Telecommunications Service for which the Federal Communications Commission has issued a construction permit before September 26, 1985, but only if such property is placed in service before January 1, 1987. (14) CERTAIN COGENERATION FACILITIES.—The amendments made by section 201 shall not apply to projects consisting of 1 or more facilities for the cogeneration and distribution of electricity and steam or other forms of thermal energy if— (A) at least $100,000 was paid or incurred with respect to the project before March 1, 1986, a memorandum of understanding was executed on September 13, 1985, and the project is placed in service before January 1, 1989, (B) at least $500,000 was paid or incurred with respect to the projects before May 6, 1986, the projects involve a 22megawatt combined cycle gas turbine plant and a 45-megawatt coal waste plant, and applications for qualifying facility status were filed with the Federal Energy Regulatory Commission on March 5, 1986, (C) the project cost approximates $125,000,000 to $140,000,000 and an application was made to the Federal Energy Regulatory Commission in July 1985, (D) an inducement resolution for such facility was adopted on September 10, 1985, a development authority was given an inducement date of September 10, 1985, for a loan not to exceed $80,000,000 with respect to such facility, and such facility is expected to have a capacity of approximately 30 megawatts of electric power and 70,000 pounds of steam per hour, (E) at least $1,000,000 was incurred with respect to the project before May 6, 1986, the project involves a 52-megawatt combined cycle gas turbine plant and a petition was filed with the Connecticut Department of Public Utility Control to approve a power sales agreement with respect to the project on March 27, 1986.

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