Daily Archives: March 6, 2024

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Inflation Reduction Act: Final Elective Pay Rules & Takeaways for Cities

Yesterday, March 5, 2024, the U.S. Department of the Treasury (Treasury) and the Internal Revenue Service (IRS) released final regulations for their elective pay program, which allows many non-taxpayers, including local governments and their agencies and instrumentalities, to recoup the value of certain climate and clean energy tax credits as […]