The Inflation Reduction Act of 2022 invests more than $400 billion in US spending on a range of climate change, healthcare, electric vehicle, and prescription drug pricing initiatives through a series of tax breaks and capital deployment. Among its most significant features, the act includes $...
Today, August 16, 2022, President Biden signed into law the fiercely negotiated and long anticipated Inflation Reduction Act of 2022 (“IRA”). Among other things, the IRA provides a significant boost, including approximately $60 billion in funding, to a wide variety of projects and prog...
As a targeted benefit to the nuclear industry, theInflation Reduction Act of 2022(IRA) modifies the Internal Revenue Code (IRC or Code) to allow new production tax credits (PTCs) for existing nuclear plants. Perhaps just as important, however, the IRA allows for many technolo...
In August, H.R. 5376, the Inflation Reduction Act of 2022 (IRA), was passed via partisan votes by both chambers of Congress and signed into law by President Joe Biden. Senate Majority Leader Chuck Schumer (D-N.Y.) described the $739 billion climate, tax and health bill “as one of ...
October 24, 2022 | ArticleThe Inflation Reduction Act contains $500 billion in new spending and tax breaks that aim to boost clean energy, reduce healthcare costs, and increase tax revenues. Get the latest April 17, 2024 In the time since this article was first pub...
In Short - The Situation: On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 into law. The Act establishes...
August 10, 2022 On Tuesday, August 16, President Biden signed H.R. 5376, the Inflation Reduction Act of 2022 (IR Act) into law. The legislation was passed by the Senate on August 7 after a grueling weekend session with nearly 16 hours of voting on amendments. The House returned from re...
The Inflation Reduction Act (IRA) of 2022 has many provisions aimed to make sustainable improvements more accessible and affordable for homeowners, homebuilders, and designers. Learn more about how DuPont can help you achieve the tax incentives below!
The Inflation Reduction Act of 2022 (IRA) is the most comprehensive federal climate change legislation that has been passed in the United States to date. Among the IRA's goals are curbing inflation through lower consumer energy costs, increased energy se
The Inflation Reduction Act of 2022 (H.R. 5376) was designed to reduce thedeficitand lowerinflationwhile investing in domestic energy production and lowering healthcare drug costs. The bill became law with President Biden’s signature on Aug. 16, 2022. In essence, the law is a scaled-down ...