Section 8907-G - Pass-through entity.(a) General rule.--If a pass-through entity has any unused tax credit under section 1904-G, the taxpayer may elect in writing, according to procedures established by the department, to transfer all or a portion of the tax credit to shareholders, members or partners in proportion to the share of the entity's distributive income to which the shareholder, member or partner is entitled.(b) Limitation.--A pass-through entity and a shareholder, member or partner of a pass-through entity may not claim the credit under subsection (a) for the same qualified project.(c)Application.--A shareholder, member or partner of a pass-through entity to whom a credit is transferred under subsection (a) shall immediately claim the credit in the taxable year in which the transfer is made. The shareholder, member or partner may not carry forward, carry back, obtain a refund of or sell or assign the tax credit. Added by P.L. TBD 2020 No. 107, § 3, eff. 11/3/2020.