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.
Partnering with CBOs to Advance Environmental Justice Webinar Recording and Summary
Video not working? Click here to view the webinar on YouTube.Webinar SummaryThe Local Infrastructure Hub hosted a session on April 30, 2024, to discuss how community-based organizations and mayors have collaborated to advance shared environmental justice goals. This...