or political subdivision, to which paragraph (1) applies and for which no return is required under section 6011 or 6033(a), the later of the date that a return would be due under section 6033(a) if such government or subdivision were described in that section or the date on which such government or subdivision submits a claim for credit or refund (at such time and in such manner as the Secretary shall provide), and (B) in any other case, the later of the due date of the return of tax for the taxable year or the date on which such return is filed. (5) Waiver of special rules In the case of an election under this section, the determination of any applicable credit shall be without regard to paragraphs (3) and (4)(A)(i) of section 50(b). (c) Exclusion from gross income Gross income of the taxpayer shall be determined without regard to this section. (d) Denial of double benefit Solely for purposes of section 38, in the case of a taxpayer making an election under this section, the energy credit determined under section 45 or the renewable electricity production credit determined under section 48 shall be reduced by the amount of the portion of such credit with respect to which the taxpayer makes such election. . (b) Clerical amendment The table of sections for subchapter B of chapter 65 is amended by adding at the end the following new item: Sec. 6431. Elective payment for energy property, electricity produced from certain renewable resources, etc., and carbon oxide sequestration. . (c) Effective date The amendments made by this section shall apply to property originally placed in service after the date of the enactment of this Act. 105. Extension of energy credit for offshore wind facilities (a) In general Section 48(a)(5) is amended by adding at the end the following new subparagraph: (F) Qualified offshore wind facilities (i) In general In the case of any qualified offshore wind facility— (I) subparagraph (C)(ii) shall be applied by substituting January 1 of the applicable year (as determined under subparagraph