The Inflation Reduction Act of 2022 (“IRA”) makes several clean energy tax credits available to businesses; tax-exempt organi- zations; state, local, and tribal governments; other entities; and individuals. The IRA also enables entities to take advantage of certain clean energy tax credits through its elective pay provision (also colloquially known as direct pay). Elective pay allows several types of entities, such as tax-exempts and governments, to treat the amount of certain credits as a payment against tax on their tax returns and as a result receive direct payments for certain clean energy tax credits.
Infrastructure Tech Procurements: Adapting to A Shifting Policy and Technology Landscape Webinar Recording and Summary
Explore how cities navigate AI and technology procurement in infrastructure amid rapid policy shifts. Join experts as they share strategies to balance innovation with risk management in an evolving landscape.