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X-WR-CALDESC:Events for Sustainable Pittsburgh
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DTSTART;TZID=America/New_York:20240923T190000
DTEND;TZID=America/New_York:20240923T200000
DTSTAMP:20260525T140257
CREATED:20240918T180042Z
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UID:21930-1727118000-1727121600@sustainablepittsburgh.org
SUMMARY:IRA Tax Credits for Local Governments and Other Tax-Exempt Entities
DESCRIPTION:Presented by the SWPA Municipal Project Hub  \n\n\n\nPresentation and discussion of the Impact of Inflation Reduction Act (IRA) Tax Credits on Local Governments and Other Tax-Exempt Entities by representatives of the United State Department of the Treasury and the Commonwealth of Pennsylvania\, Governor’s Office\, Critical Investments. \n\n\n\nThe IRA’s Elective Payment provision (also called Direct Pay) creates a generationally unique funding environment for tax-exempt entities (including local governments\, school districts\, nonprofits\, faith-based organizations) considering novel and clean energy projects (solar\, geothermal\, heat pumps\, hydro). Organizations pursuing these projects – having completed them – can apply to the IRS and receive the value of the Tax Credit associated with the investment in the form of a direct check from the US Treasury. That payment could be between 30-50% of the value of the energy project. \n\n\n\nRepresentatives from the US Treasury will present this opportunity as it affects local governments and other tax-exempt entities. Representatives of the Governor’s Office\, Critical Investments will comment on plans the Commonwealth is pursuing to maximize the value of these Tax Credits in and to the Commonwealth. \n\n\n\nA Q&A and discussion period will follow the presentation. Please note that this event will be held in person and virtually. Please note your attendance type during registration. \n\n\n\n\n\n \n\n\n\n\n\n \n\n\n\n\n\nOrganizer\n\n\n\n\n\nVenue
URL:https://sustainablepittsburgh.org/event/ira-tax-credits-for-local-governments-and-other-tax-exempt-entities/
CATEGORIES:Community Events
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