Informational Webinar on Inflation Reduction Act’s Clean Energy Tax Credits for Tax-exempt and Governmental Entities
Please join us for this informational session hosted by the office of U.S. Senator Jeanne Shaheen and the New Hampshire Municipal Association (NHMA) to learn how tax exempt and government entities can receive direct payments for certain clean energy tax credits that were expanded in the Inflation Reduction Act.
Join experts from the U.S. Treasury for a presentation about the proposed guidance for how elective pay will benefit local governments, municipals, non-profits and tax exempt organizations when they make clean energy investments.
What Questions Do You Have About Elective Pay?
Questions in advance are strongly encouraged as Treasury guidance is still in the draft stages and individual circumstances may be better addressed by other tax advisors/experts. Please direct questions to governmentaffairs@nhmunicipal.org.
Resources referenced by Rachel McCleery, Senior Advisor, IRA Program Office, US Department of Treasury, in her brief presentation on elective or direct pay.
The proposed elective pay regulations can be found here. In addition to the Treasury press release, you can find FAQs and fact sheets (individually linked below in English and Spanish) that outline key information contained in the proposed guidance. You can also find helpful information on CleanEnergy.gov/directpay. The 60-day comment period on regulations.gov is ended on August 14.
Recording of June 29 White House and Treasury Stakeholder Elective Pay Briefing (deck attached)
Fact Sheets – English
- Publication 5817: Elective Pay Overview
- Publication 5817-E: Elective Pay for State and Local Governments
- Publication 5817-D : Elective Pay for Tax-Exempt Organizations
- Publication 5817-B: Elective Pay for U.S. Territorial Governments
- Publication 5817-A: Elective Pay for Rural Electric Cooperatives
- Publication 5817-C: Elective Pay for Alaska Native Corporations
- Publication 5817-F: Elective Pay for Indian Tribal Governments
- Publication 5817-G: Elective Pay Clean Energy Credits
Fact Sheets – Spanish
- Publication 5817 (sp): Resumen de Pago Electivo
- Publication 5817-E (sp): Gobiernos Estatales y Locales
- Publication 5817-D (sp): Organizaciones Exentas de Impuestos
- Publication 5817-B (sp): Gobiernos de los Territorios de EE. UU.
- Publication 5817-A (sp): Cooperativas Rurales Eléctricas
- Publication 5817-C (sp): Corporaciones Nativas de Alaska
- Publication 5817-F (sp): Gobiernos Tribales Indígenas
- Publication 5817-G (sp): Incentivos tributarios de energía limpia: Créditos tributarios elegibles para pago electivo
