Form 6497 (Rev. December 2011) Information Return of Nontaxable Energy Grants or Subsidized Energy Financing OMB No. 1545-0232 Department of the Treasury Internal Revenue Service For calendar year 1 Payer’s name 3 Payer’s employer identification number 2a Number and street and apt. or suite no. (Include P.O. box, if applicable.) 4 Payer is agent for Type or Print b City, state, and ZIP code 5 Program name or number Complete 6(b) or 6(c) 6(a) Recipient’s name, address, and 6(d) Total 6(e) Total amount 6(b) Recipient’s 6(c) Recipient’s ZIP code amount of grant of financing social security number employer identification number For Paperwork Reduction Act Notice, see back of form. Cat. No. 24535C Form 6497 (Rev. 12-2011) Form 6497 (Rev. 12-2011) Page 2 Instructions Subsidized energy financing. Subsidized Line 5. Enter the program name or number energy financing is financing (for example, a that authorizes the payment. Section references are to the Internal Revenue loan) made directly or indirectly under a Line 6. Make an entry in columns 6(a) Code. federal, state, or local government program, through 6(e) for each recipient of a whose principal purpose is to provide Purpose of Form nontaxable energy grant or subsidized energy subsidized financing for projects designed to financing. If you need more space, attach Use Form 6497 to report nontaxable energy conserve or produce energy. Subsidized additional Forms 6497. grants or subsidized energy financing made energy financing can also include financing under government programs whose principal under a federal, state, or local program Column 6(a). Show the name and address purpose is to conserve or produce energy. having two or more principal purposes, but (a) of the entity that received the nontaxable This reporting is required only for recipients only if one of the principal purposes is to energy grant or subsidized energy financing. that are businesses (including sole provide subsidized financing for energy Do not show the name of an officer, proprietors). conservation or production projects, and (b) employee, etc. only if the financing is to be used for energy Column 6(b). Complete this column for Form 6497 lists the information to be production or conservation purposes (the furnished about the nontaxable energy grants sole proprietors without EINs. “use test”) or is provided out of funds or subsidized energy financing, and about the designated specifically for energy production Column 6(c). Complete this column if no recipients. Only one program should be or conservation. Loan proceeds meet the use entry was made in column 6(b). reported on each form. This form should also test only if any loan-related documents Column 6(d). Enter the total amount of be used to report funds received from the indicate that the funds are intended for that nontaxable energy grants provided to the proceeds of tax-exempt bonds that have use. recipient during the calendar year under the been used to finance energy conservation or Financing is made when funds for program shown on line 5. production property. subsidized energy financing are disbursed. Column 6(e). Enter the total amount of Grants are always taxable to recipients The source of the funds for a program is not subsidized energy financing provided to the unless specifically exempted by the federal a factor in determining whether the financing recipient during the calendar year under the statute authorizing the grants. The originator is subsidized. Financing is subsidized if the program shown on line 5. The amount of of the grant or subsidy program should terms of the financing provided to the subsidized energy financing may be different advise all disbursing agents whether the recipient in connection with the program or from the actual amount of money expended. program is taxable or nontaxable. Taxable used to raise funds for the program are more grants are reported on Form 1099-G, Certain favorable than terms generally available Example. If a government agency spent Government Payments. For details, see the commercially. In addition, financing is $1,000 to permit a $5,000 loan to be made Instructions for Form 1099-G. subsidized if the principal obligation of the with an interest rate lower than it would have financing provided to the recipient is reduced been otherwise, the amount of subsidized Who Must File by funds provided under the program. energy financing is $5,000. Any person (including an Indian tribal Payer. A payer is any person who administers government) who administers a government a federal, state, or local government program Paperwork Reduction Act Notice program for a federal, state, or local that provides nontaxable grants or subsidized We ask for the information on this form to governmental entity or agent of that entity financing under programs whose principal carry out the Internal Revenue laws of the that provides nontaxable energy grants or purpose is the production or conservation of United States. You are required to give us the subsidized energy financing for energy energy. It includes agents (such as a bank) information. We need it to ensure that you are property to business recipients under that administer federal, state, or local complying with these laws and to allow us to programs whose principal purpose is energy government programs and actually make the figure and collect the right amount of tax. production or conservation must file Form payments to the recipient. 6497. If a federal agency is providing the You are not required to provide the funds to a state agency, and the state turns Recipient. A recipient is the business entity information requested on a form that is the funds over to a bank or similar disburser (including a sole proprietor) that received the subject to the Paperwork Reduction Act to act as its agent in disbursing the money for grant or financing. unless the form displays a valid OMB control the above purposes, only the bank, or number. Books or records relating to a form disburser, must file Form 6497 to show the Specific Instructions or its instructions must be retained as long as actual recipient information. their contents may become material in the Line 1. Generally, this will be the name of the administration of any Internal Revenue law. Generally, reporting on Form 6497 is federal, state, or local governmental entity Generally, tax returns and return information required only for nontaxable energy grants or that makes the nontaxable energy grants or are confidential, as required by section 6103. subsidized energy financing made for energy provides the subsidized energy financing. If property (as defined in section 48 and the an entity (such as a bank) is administering a The time needed to complete and file this regulations under section 48). program as the designated agent of one of form will vary depending on individual the above governmental entities, enter the circumstances. The estimated average time When To File name of the agent and be sure to fill in line 4. is: File Form 6497 for the calendar year by the Lines 2a and 2b. Enter the address where Recordkeeping . . . . 2 hr., 23 min. last day of February following the year of the any IRS questions about Form 6497 can be Learning about the law payment. directed. or the form . . . . . . . . 24 min. Where To File Line 3. Use the employer identification Preparing, copying, and number (EIN) for the payer shown on line 1. sending the form to the IRS . . 27 min. Ogden Submission Processing Campus Do not use the social security number of an Exam Classification, Mail Stop 4140 officer or employee. If you have comments concerning the Ogden, UT 84201 accuracy of these time estimates or Line 4. If line 1 shows the name of an agent, suggestions for making this form simpler, we Definitions use line 4 to show the federal, state, or local would be happy to hear from you. You governmental entity for which the agent is can write to the Internal Revenue Service, Tax Energy grant. An energy grant is a payment administering the program. Products Coordinating Committee, given outright for property designed to SE:W:CAR:MP:T:M:S, 1111 Constitution Ave. conserve or produce energy, with no NW, IR-6526, Washington, DC 20224. Do not requirement to repay the money. send this form to this address. Instead, see Where To File on this page.