Below are some resources to learn more about the Bipartisan Infrastructure Law and the Inflation Reduction Act.
Familiarize yourself with the key agencies implementing BIL and IRA programs, and see how your city can get engaged.
Bipartisan Infrastructure Law
Inflation Reduction Act
The White House:
National League of Cities:
Through new credit mechanisms like "direct pay" and "transferability", non-taxpaying entities including local governments can qualify for the tax incentives available in the IRA. For example, if your city invests in an eligible project, you may be able to claim a refund on your tax return.
The Inflation Reduction Act allows tax-exempt and governmental entities to receive elective payments for 12 clean energy tax credits, including the major Investment and Production Tax credits, as well as tax credits for electric vehicles and charging stations.
(U.S. Department of the Treasury, IRS Release Guidance on Provisions to Expand Reach of Clean Energy Tax Credits Through President Biden’s Investing in America Agenda)